Which Big Media Properties Could Tronc and Gannett Buy?
Each of these companies faces challenges if the purchase of national media properties becomes a major strategic path in the newspaper industry to increase audience size, revenue and earnings.
All Work
Douglas A. McIntyre
RadioShack Bankruptcy Puts 1,500 Stores at Risk
RadioShack parent, General Wireless Operations, made a voluntary Chapter 11 filing yesterday. The company stated it would close 200 stores immediately.
What If Other Tech Unicorns Had IPOs as ‘Successful’ as Snap’s?
By Kashif, Investment Analyst at PrivCo, a private company financial intelligence platform Here are the absurd numbers to expect if other unicorns get as lucky as Snap did in its IPO. At PrivCo, we…
RadioShack Parent Files Chapter 11 With 1,500 Stores at Risk
As expected, RadioShack parent General Wireless Operations filed for Chapter 11. The company will shutter 200 stores immediately. It does not have plans yet for another 1,300. The once proud electronics retailer has been…
Tronc Might Buy Us Weekly — The Street
The Street is reporting that Tronc may buy celebrity magazine Us Weekly from Wenner Media.
Apple Market Cap Approaches $800 Billion, a Record
No company's market cap has ever reached $800 billion. Apple may reach that level soon.
Gas Hits $3 in California
Amid news that gasoline prices will rise in coming weeks, the price of a gallon of regular, on average, has hit $3 in California.
Fiat Chrysler Dealers Flunk Service Test
Fiat Chrysler sales have faltered recently. Its rankings in auto quality surveys have as well. Now, a new study of dealer services puts its brands at the bottom again.
The 22 Newspapers That Matter Most to Wall Street
Just 22 papers that are most important, financially, to the public company newspaper industry. It is a small foundation for such a large industry.
China to Eliminate Roaming Charges and Long Distance Fees
In what should trigger an increase in mobile device use in the world's largest mobile market, China will eliminate roaming charges and long distance fees as of October 1.
GM Gives Up on World’s Third Largest Car Market, Sells Europe Unit to PSA Group
General Motors has decided to drop out of Europe, as, after years of losses, it could not fix its problems there.
Car Industry Faces Problem Due To China Air Pollution Regulations
China has decided to enforce air pollution regulations more aggressively. Among the tactics is will employee is restrictions to use of cars and light trucks in large cities during period when pollution is the…
Is Uber Still Worth $66 Billion?
Depending on the source, the value of Uber has been pegged as high as $66 billion. Recent battles with local governments, competition, new self-driving car companies, and controversies at Uber may have changed this.…
China’s Silicon Valley, According to Tencent Chairman
China is building its own Silicon Valley, according to Tencent's chairman. But does China have what it takes?
New American Express Platinum $550 Fee a Rip Off for Many
American Express has increased the annual fee for Platinum Card members as of March 30. Many of the new benefits offered these cardholders are useless, because they are for services they rarely, if ever,…
AT&T to Bring Back 3,000 Offshore Jobs
AT&T has reached a tentative settlement with the the Communications Workers of America over the 20,000 people the telecom employs in its Southwest region.
In Detroit, 100,000 People Still Unemployed
The turnaround of the fortunes of Detroit has failed to benefit the almost 100,000 who are out of work, a fact rarely, if ever, mentioned in the stories about the Motor City's resurrection.
Large Investor Registers Chipotle Shares, Could (But May Not) Sell
Another investor may have become tired of the mess at Chipotle Mexican Grill. William A. Ackman's Pershing Square is preparing to sell shares.
US Could Run Out of Money in October or November
It is called the "X Date," which is the day the federal government runs so low on funds that the Treasury cannot pay all its bills. Over the past several years, squabbling in Congress…
Is Viber the Next Snapchat?
After Snap raised more than $3 billion in an initial public offering that values the company at $20 billion, management at other companies in the sector have to consider how they can raise money…