According to a report from The New York Times, President Barack Obama is set to announce a new program called “SupplierPay” to help boost small businesses, and Apple is one of the 26 companies listed as having already signed on. The program intends to send money down the supply chain and help strengthen contractors and […]
New York Times Deal Book: In Deal to Cut Corporate Taxes, Shareholders Pay the Price, by Steven Davidoff Solomon (UC-Berkeley): Medtronic is pursuing a deal to move abroad and save taxes. But few have noticed that the company’s shareholders will be the ones left with a big tax bill as...
Lyft is headed to New York City. The San Francisco-based ride-sharing company that connects passengers with available drivers through a mobile app is set to launch in New York for the first time on Friday See also: Conan, Ice Cube and...Show More Summary
New York Times: When Taxes and Profits Are Oceans Apart, by Gretchen Morgenson: Here’s a question for investors in any big United States corporation with foreign operations: Do you know what the company’s tax bill would be if it had to bring its overseas earnings home? The answer, alas, is...
Reliable Sources host Brian Stelter reported Sunday morning about News Corp owner Rupert Murdoch's rumored interest in acquiring a large content company like Time Warner, owner of CNN...
Embattled former American Apparel CEO Dov Charney has no plans to walk away from the company he founded without a fight. Conversely, The New York Times informs us that Mr. Charney intends to wrest back control of American Apparel. Charney was fired from his position as American Apparel’s CEO least month after the board tired
In what the Wall Street Journal describes as evaluating the newsroom, the New York Times reports that 20 to 40 staffers lost their jobs: Dow Jones, the Journal’s parent company, declined to answer specific questions on the layoffs, or...Show More Summary
The New York City tech scene is bigger and stronger than ever, with new startups popping up all the time. A good indicator: The number of companies represented at this year's TechDay NYC doubled from the year before. We wanted to highlight...Show More Summary
Facebook is remarkable in that, unlike other companies, it knows how to form a convincing apology: it is "very, very good at saying sorry," writes Mike Isaac in the New York Times. Read the rest
The latest streaming music acquisition could bring contextual playlists to Google Play and YouTube alike The latest company to be bought by Google is US-based streaming music service Songza, in a deal that the New York Times claims is worth more than $39m. Show More Summary
If this is Tuesday, it must be… Capital New York’s Nicole Levy got her hands on a memo from Time Inc. CTO Colin Bodell. Apparently, the strain put on the company’s Intranet last Thursday by in-house streaming of the USA vs. Germany FIFA...Show More Summary
A key Tumblr employee is out of the company. Derek Gottfrid, who joined from the New York Times in 2010, is leaving, according to a memo David Karp sent to the staff. Gottfrid was almost a "shadow CEO" according to people close to the company. Show More Summary
David Brooks, he of New York Times establishment thinking fame, takes a moment today o marvel at the success of the sharing economy as people and companies build networks of trust and commerce using modern ools. I’m one of those people who thought Airbnb would never work. Show More Summary
In a remarkable display of caution lasting eons in Twitter time, The New York Times waited about 40 minutes after the news broke to post the Supreme Court’s ruling [PDF] on whether some companies can be required to … Read more
Whatever it calls itself, the social media company is a major media source. It needs to follow media ethics.
One of the travails of living in New York is spending lots of time in underground subway tunnels, where finding decent cell phone coverage can feel like sifting for gold. A new study by a company that benchmarks wireless networks reveals which subway lines in the city have the best coverage and which will turn…
Previously undisclosed documents reveal that the U.S. State Department began investigating security contractor Blackwater Worldwide just weeks before the company's guards killed 17 civilians in 2007. The New York Times reports that the investigation was abandoned when Blackwater's top manager threatened to kill the U.S. Show More Summary
Washington (AFP) - The top manager in Iraq of the notorious private security firm Blackwater threatened to kill a US State Department investigator for probing the company's performance, the New York Times reported Monday.
This is what one would call a major faux pas. During a live segment on CNBC yesterday, Simon Hobbs was among the reporters talking to New York Times columnist James B. Stewart about gay CEOs in Fortune 500 companies. "I think Tim Cook...Show More Summary
CNBC “Squawk on the Street” cohost Simon Hobbs had a bit of a gaffe Friday morning. During a discussion with New York Times columnist James Stewart about his column on the lack of high-profile gay executives companies, Hobbs said, Apple CEO Tim Cook was “openly gay.” The claim was met with silence by others. Show More Summary