Etsy Flexes its Tech Savviness to Grow Handmade Sellers’ Sales and Help Their Buyers At Hand
While enjoying the annual desert festival Burning Man in 2015, Sam Enriquez found himself surrounded by elaborately-dressed festival goers, celebrating personal expression, and dancing to nonstop music. That’s when he was inspired to create Who Cares Why Not, his own...
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Stakeholders Apply Pressure on Exxon as Possible Write Down Approaches
On Jan. 31, Wall Street’s eyes and ears will all be on ExxonMobil. For the first time in more than a decade, America's largest energy company is expected to admit it owns less than it has stated. Much less, actually. Exxon may write down up to 20 percent of its oil...
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Barnes And Noble Says To Amazon’s New Stores: Back Off
At first glance, riding down the escalator into Barnes and Noble’s newest location in Eastchester, New York, you might think you’re entering an average bookstore, but it is anything but. The store had bright, white lights, iPads on tables to search for books, and...
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Energy Transfer Partners Struggles Towards Top Spot
All Kelcy Warren wants is to join the big league of energy companies. Instead his Texas-based pipeline company Energy Transfer Partners has become the whipping boy for all of the industry’s deeds. Warren, the son of an oilfield worker from rural East Texas, founded...
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Tesla’s New Lemon isn’t One of its Cars
Rick Marotta remembers how Tesla used to be, driven by word-of-mouth sales and known for intimate service. The company he’s dealt with lately is losing that personal touch. Marotta, a New York-based musician, became enamored with his friend’s Model S during a speedy...
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Darden fears rising minimum wages, but a bump in pasta prices may not burn much
Thousands of restaurant and retail employees are in an fight for fair wages. Darden Restaurants, the owner of Olive Garden and Longhorn Steakhouse, is rallying against them. In March, Darden, the largest restaurant chain in the US, was the specific target of protest...
read moreIBM is Back to the Future
Ginni Rometty, left no room for doubt in drafting International Business Machines’ path to the future: “I believe we have reached a turning point in our journey,” the CEO said, addressing the company’s investors in March of this year. “IBM is now emerging as a...
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“Lady CFO” takes charge of Google’s finances, record profits ensue
Investors liked Google’s new CFO from the get-go. For starters, Ruth Porat was one of them — a Wall Street lifer. And, even more important, she would know how to address the Achilles’ heel of the Mountain View, California tech giant: its lack of financial...
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Netflix casts big ‘original content’ dreams with small pockets
When Netflix arrived in Australia last year, Tony Sanchez immediately signed up for it, expecting good content. “When I first got it, it was disappointing,” said Sanchez, a 34-year-old American living in Australia. “I thought there would be a bigger movie selection.”...
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Marriott’s upscale deal shields it from Airbnb’s encroach
Alex Besant hasn’t stayed in a hotel in years. That’s not because he’s been staying at home though. It’s because Besant, a screenwriter in his 30s who has travelled to more than 10 countries in recent years, has begun to eschew hotels. Instead, he relies on Airbnb for...
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Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at the New York City News Service and the CUNY Graduate School of Journalism. Email your comments to greg.david@journalism.cuny.edu.