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Wednesday, March 27, 2019
Why it matters: The co-working space operator continues to push toward an IPO, but has plenty of cash if it wants to wait longer.Revenue: 2018 revenue was $1.82 billion, up 105% from 2017. Of that, 88% is considered membership revenue — down from 93% in 2017."We have a...
NEW YORK (Reuters) - Michael Avenatti, the lawyer who represented adult film star Stormy Daniels in her legal battles with U.S. President Donald Trump, was charged Monday with extortion in what a federal prosecutor called an attempt to “shake down” Nike Inc for over $20 million. Avenatti, who...
For the first time, the American Academy of Pediatrics and the American Heart Association endorsed enforcing taxes on sodas, among other precautions, in an effort to reduce children's consumption of sugary drinks. In a joint statement on Monday, the two health organizations recommended that state and federal governments take...
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(Reuters) - Apple Inc’s new Apple News+ service consolidates popular newspaper and magazine subscriptions, which could appeal more to casual readers suffering from subscription fatigue than long-time fans of specific publications. Roger Rosner, Vice President of Applications for Apple, speaks during an Apple special event at the...
David Paul Morris | Bloomberg | Getty Images Tim Cook, chief executive officer of Apple Inc., waves after speaking during an event at the Steve Jobs Theater in Cupertino, California, U.S., on...
As a financial writer and real estate investor for over three decades, I can attest to the temptation for yield chasing. Over the years, I have learned some tough lessons of investing, and as a writer I’m constantly encouraging readers to avoid the fool’s game with regard to...
FILE PHOTO: Shoppers enter and exit the Neiman Marcus at the King of Prussia Mall, United States' largest retail shopping space, in King of Prussia, Pennsylvania, U.S., December 8, 2018. REUTERS/Mark Makela(Reuters) - Neiman Marcus Group Ltd said on Monday it had reached an agreement with...
Hostess Brands and Nutella-owner Ferrero are competing as front-runners to buy Kellogg's Keebler, Famous Amos and fruit snacks businesses, in a deal that could value the brands at roughly $1.5 billion, people familiar with the situation tell CNBC. The deal talks come as Hostess and Ferrero look to take...
After just over a year since starting deliveries, Tesla Model 3 drivers have already reached over 1 billion electric miles in record time. Tesla’s mission to accelerate the advent of electric transport includes converting mileage that would be normally powered by gasoline to electric mileage. Back in...

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