Coverage: Hunger Games opening huge – and disappointing
The third movie in the Hunger Games franchise pulled in $123 million in its opening weekend. It was the biggest premier of 2014, but less than the other movies in the series. Ben Fritz had this story in The Wall Street Journal: The latest installment of “The Hunger Games” film series was a hit by […]
Coverage: Goldman scandal prompts Fed review
It hasn’t been a good quarter for the Federal Reserve. First a former regulatory accused the agency of being lenient on large banks. Then there were the leaked documents to Goldman Sachs. All this is prompting the Fed to take a closer look at its own policies. The Wall Street Journal had this story by […]
Coverage: Target in recovery mode
Target surprisingly beat analysts’ estimates for third quarter earnings, indicating that the company is beginning to recover from recent issues. And with the holiday shopping season upon us, it’s a good thing. Rachel Abrams had this story in The New York Times: Target reported profit had risen in the third quarter, a sign that the retailer […]
Coverage: Uber investigates journalists?
On Tuesday morning, many woke up to the news that a senior vice president at Uber bragged at a dinner about spending $1 million to investigate journalists whose coverage the company didn’t like. BuzzFeed News broke the original story and had this follow-up later in the day by Charlie Warzel: This afternoon on Twitter, Uber […]
Coverage: Japanese economy falls into recession
The Japanese economy slipped into a surprise recession in the third quarter. The news made some investors nervous, especially when they thought about the how it might spread to other parts of the world The Reuters story by Leika Kihara and Linda Sieg outlined the basics of what was going on in Japan: Japan’s economy unexpectedly slipped […]
Coverage: Actavis nearing deal for Allergan
Actavis is close to paying nearly $63 billion for Botox maker Allergan. The deal could help Allergan fend off a hostile bid from Valeant Pharmaceuticals. Bloomberg had these details in a story by David Welch: Actavis Plc (ACT) is close to a deal to buy Allergan Inc. for more than $62.5 billion, a transaction that would […]
Coverage: Amazon ends book dispute
Just in time for the holidays, Amazon has ended its fight with publisher Hachette. The move will bring Hachette’s writers to millions of ebook readers just in time for gift giving. The New York Times story by David Streitfeld had these details, which were few, about the deal: Amazon and Hachette announced Thursday that they had […]
Coverage: Hasbro bidding for DreamWorks
The maker of some of the most popular children’s toys is now looking to purchase the studio that produces some of the biggest hits for the age group. The Wall Street Journal story by Dana Cimilluca, Erich Schwartzel and Paul Ziobro had these details: Hasbro Inc. is in early talks to buy DreamWorks Animation SKG, in a deal […]
Coverage: Yahoo spends more cash
Yahoo, which is trying to remain relevant to customers, is purchasing a video ad platform for $640 million. Many analysts and industry watchers have been trying to determine what the company would do with all the cash from the Alibaba IPO. Josh Beckerman has these details about the rational behind the purchase in The Wall […]
Coverage: Regulating the Internet
The Federal Communications Commission continues to debate how to handle the issue of ‘net neutrality,’ which refers to all sites having equal access to bandwidth. The issue is one that could give large companies an edge over small or local business. And it’s so important that President Obama weighed in on the issue. Edward Wyatt […]