Doing More With Less, That’s The Story Over At Marathon Oil
Doing more with less, that’s the story over at Marathon Oil. The Houston-based oil producer shattered analyst expectations on all major categories including revenue, earnings, and production in the third quarter of 2018. It also signaled it would raise its growth...
read more
Disney will need to invest in Hulu, not Disney Plus, to take on Netflix
In the fast-approaching streaming wars, Disney has a branding problem. While its own streaming app, called Disney Plus, will corner the family market when it rolls out in late 2019, it won’t be competing against Netflix for eyeballs that search for edgier and more...
read more
After Voting Startup Fails to Pick Up, Overstock Needs to Rethink Its Blockchain Future
When Overstock invested $2.2 million into the blockchain-based voting app, Voatz, this summer, company executives probably didn’t imagine it would be called “the Theranos of voting” before midterms came around. Overstock’s intent for the startup was to bring the...
read more
Blue Apron Shrinks in Hopes of Staying Afloat
Blue Apron is losing customers fast. For better or worse, the company is embracing it. The once-popular meal-kit service has struggled amid intense competition from big players like Amazon. In the year and a half since its IPO, its stock has decreased over 70 percent,...
read more
Better Left Unsaid: AT&T Wants (A Neutered) Net Neutrality
AT&T’s Randall Stephenson reiterated his desire for federal net neutrality and privacy legislation on Monday and got the kind of headlines he wanted. “AT&T CEO calls for privacy, net neutrality laws,” read one headline. “AT&T CEO: State net neutrality and privacy...
read more
Data the key to dating? Maybe, but not so fast, Facebook
When you think of jeans, your mind instantly goes to Levi’s. The same with orange juice and Tropicana. Breadsticks and Olive Garden. Likewise, Match Group’s Tinder has become synonymous with online dating. It’s managed to stay resilient in the face of competitors like...
read more
McDonald’s Is Betting on Store Renovations. But Digital Kiosks Won’t Save It.
After a difficult year, McDonald’s stock is soaring this month. It won’t last. Investors rallied on a third-quarter earnings report that beat expectations, due largely to sales from newly renovated stores overseas. The revenue bodes well for a massive store renovation...
read more
AT&T is bleeding DirecTV satellite subscribers – and that’s OK, for now
Even though the decline in DirecTV subscribers means less revenue for the company, it also means AT&T doesn’t need to pay the content costs that are paid per-subscriber. Basically, not having to pay as much for DirecTV channels right now can help chip away at AT&T’s enormous debt.
read more
“Single Not Sorry”: Embracing Tinder, Match Settles on Not Settling Down
For better or for worse, Tinder has developed a reputation as the go-to app for casual hookups. Match Group, the app’s owner, has taken note. And it’s doubling down on transforming Tinder into the home of low-pressure liaisons. Match Group beat Wall Street’s...
read more
Marriott’s Homesharing Can’t Stop A Downturn
Marriott International is determined to provide customers new experiences. The company not only added more than 340 homesharing properties in Europe since April, but also launched a more user-friendly online booking system. The world’s largest hotel company is...
read moreInvestment Journal
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 Craig Newmark Graduate School of Journalism at CUNY. Email your comments to greg.david@journalism.cuny.edu.