Weinstein and Company, Among 24/7 Wall St. Disappearing Brands, Will File for Chapter 11
The Weinstein Company will file for Chapter 11 soon, according to a number of media reports. 24/7 Wall St. predicted the brand would disappear in 2018.
All Work
Douglas A. McIntyre
6 Most Important Things in Business Today
The Weinstein Company will file for Chapter 11, "Black Panther" had another huge ticket sales weekend, GE will restate earnings for the past two years, and other important headlines.
GM Problem: NRA Giving Away Chevy Silverado
General Motors Co. (NYSE: GM) can’t do anything about it. The NRA has a sweepstakes and the prize is a 2017 Chevy Silverado 1500, heavily modified by a race car builder. The organization calls…
Car Sales Expected to Falter in February, With Chrysler and Ford Hit the Hardest
According to a major car industry research firm, U.S. new vehicle sales will drop 4% in February, another sign the American car market peaked in 2016 and 2017.
Dropbox Files IPO, Lost $111 Million Last Year
Dropbox has filed to go public, another example of the hunger for fast-growing tech companies that carry heft valuations, even if they are losing hundreds of millions of dollars.
‘Black Panther’ Pushes Disney to Top Spot in Ticket Sales
"Black Panther" ticket sales will be critical to Disney's first-quarter earnings. One blockbuster can make a quarter.
Fiat Crashes to Bottom Spot in Consumer Reports Ranking
Consumer Reports has released its annual list of best vehicles. Fiat, a perennial bottom dweller in auto quality surveys, took last place.
Nissan Enters Global Self-Driving Taxi Business
Nissan is the latest company to enter the self-driving, ride-sharing car business. It will begin a field test of its Easy Ride robo-vehicle mobility service on March 5.
Cybercrime Cost Is Almost 1% of Global GDP and Growing
At its current growth rate, cybercrime could become one of the largest businesses in the world.
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Tesla has started to take orders for its Model 3, Nissan has launched a self-driving taxi service, Snap's CEO got a huge pay package last year, and other important headlines.
Walmart Dives Into the Home Furniture Business
Fresh off a quarter in which its e-commerce sales slowed and its stock was pummeled, Walmart announced that it would move further into the home furnishing business.
Are Opioids Robbing the Workplace of Key Employees?
Among the observations in the 557-page Economic Report of the President and Council of Economic Advisors is the extent to which the opioid crisis has damaged the efficiency of the U.S. labor economy.
Angry Investors Crush Angry Birds Maker
Rovio Entertainment, most well-known as the maker of Angry Birds games, suffered a stock sell-off as it posted poor results and an even worse forecast.
Leading Gun Company Stock Collapses as Sales Plunge
Worse-than-expected earnings have been part of the problem at Sturm Ruger. Based on gun sales trends, the problem could get worse.
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Ford lost a key executive due to inappropriate behavior, Toy "R" Us will close more stores, a Federal Reserve governor made glowing remarks about the U.S. economy, and other important headlines.
What Happens to Time Warner If AT&T Deal Fails?
If the federal government's challenge foils the buyout of Time Warner by AT&T, the entertainment and news company will be dumped back into a very challenging market.
AT&T to Start 5G Expansion in 3 Cities
The three-city rollout of AT&T's 5G is a critical start to a change in the way people use smart devices. South Korea is no longer the only country that can brag about the use…
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Amazon has started to sell over-the-counter health products, Apple may buy more cobalt from miners, Japanese automakers to focus more on boosting profitability in the United States, and other important headlines.
In Another Challenge to Walmart, Amazon Offers Whole Foods Discounts
Amazon has ratcheted up its competitive tactics with a program that will offer some of its Prime members 5% back on Whole Foods purchases.
6 Most Important Things in Business Today
GM may keep some of its operations in South Korea, Albertsons will buy part of Rite Aid, iPhone sales are weak throughout much of Asia, and other important headlines.