Coca-Cola says it will start publishing information about its health and nutrition efforts after it was criticized for funding a group that many felt touted the company's message. On Wednesday evening, Coca-Cola CEO Muhtar Kent said in an editorial published in The Wall Street Journal that he was disappointed that the company's actions have created "more confusion and … [Read more...]
Weather Channel’s Future Clouded by Sales Talk
Two banks, Morgan Stanley and PJT Partners, are working with the channel's owners and talking with potential buyers, according to two people with knowledge of the matter, who confirmed a Bloomberg report about the sale talks. … [Read more...]
Jeff Bezos Responds to a Report Slamming Amazon’s Working Conditions (AMZN)
Jeff Bezos has responded to a critical report about Amazon's working conditions, saying it "doesn't describe the Amazon I know." Over the weekend, The New York Times published a lengthy feature about what it's like to work for the online-retail giant. … [Read more...]
Yes, the PlayStation 4 Is Still the Top-selling Console
Reporting on the monthly NPD hardware sales is honestly starting to border on tedium; like a stuck record playing the same song over and over again. Since the beginning of this generation of consoles, there have been just two months where the PlayStation 4 hasn’t been the top-selling console in Northern America. Last month wasn’t one of them. Experience nonstop excitement when … [Read more...]
Wendys Co (WEN) Issues FY15 Earnings Guidance
Wendys Co (NYSE:WEN) updated its FY15 earnings guidance on Wednesday. The company provided EPS guidance of $0.31-0.33 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.32, Analyst Ratings Net reports. … [Read more...]
JPMorgan Reclaims Place Among Top 10 US Biggest Stocks
Don’t look now, but megacap financial companies are creeping back onto the list of the biggest U.S. companies. With $253 billion in market capitalization, New York-based JPMorgan Chase & Co. just surpassed Procter & Gamble Co. and Wal-Mart Stores Inc. to join the top 10 ranking after a five-year hiatus. … [Read more...]
Infographics Startup InfoActive Acquired by Tableau
Tableau Software announced Tuesday it has acquired InfoActive, a Montreal-based startup specializing in mobile and user-friendly infographics. Tableau plans to shut down InfoActive as a standalone operation, saying the service will "wind down over the coming months." … [Read more...]
Bradley Tusk Saved Uber, Now He’s Looking for New Startups
The man who helped Uber beat New York is looking for other startups. Bradley Tusk, the former campaign manager for Mayor Michael Bloomberg, is selling what some startups desperately want to buy: advice on how to beat the system. … [Read more...]