Nasdaq CEO Calls for Trade War’s End and More Open Markets
President Trump's endless trade war with China and his administration’s threat to delist its companies from American exchanges is a threat to economic growth, says the CEO of the nation's second largest exchange. Adena Friedman, CEO of Nasdaq (NASDAQ: NDAQ), said the...
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Verizon Vying to Bring 5G Quickly Across America, But Reality Moves Much Slower
Verizon has dived into the race to provide 5G, and no one is more gung-ho about 5G’s potential than its CEO. In an interview at the Yahoo Finance All Markets Summit, Hans Vestberg – who has been among 5G’s biggest cheerleaders since he started his tenure at...
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Harley Davidson’s $30,000 Electric Motorcycle May Not Be Enough to Fuel Growth
Harley Davidson began delivering pre-orders of its anticipated electric motorcycle, LiveWire, this month amidst delays and skepticism. The iconic tough-guy motorcycle maker has entered the niche electric motorcycle market in an attempt to appeal to a demographic...
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Archer Daniels Midland Continues Diversifying Portfolio Through Partnership with LG Chem
Continuing its push to expand and diversify its product offerings, agricultural commodities giant Archer Daniels Midland (ADM) announced last Wednesday, plans to develop bio-based acrylic acid—a material used in hygiene products including diapers—from corn with LG...
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Netflix Won 27 Emmys. Here’s Why That’s Still a Flop.
This year’s Emmy Awards may look like a success for Netflix, but the streaming giant has yet to win an Emmy for best series, despite burning more cash on original content than ever before. Netflix won 27 Emmys this year, second only to HBO. It may have picked up Emmy...
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Crypto startup rips off Comerica brand
A cryptocurrency company is falsely claiming to have financial backing from Comerica Bank, a major regional lender in the United States. VRB Corp. has hired actors to pose as Comerica employees at events across Asia, according to a Friday release from Comerica....
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Running Out of Ammo on Gun Company Stocks
At the last Democratic presidential debates, Beto O’Rourke, former congressman from the state with the highest number of registered guns, said to a roaring and applauding crowd: "Hell, yes, we're going to take your AR-15, your AK-47.” This kind of anti-gun...
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With New Hire, Gap Banks On Athleta To Pull Up the Company
It looks like Gap Inc is upping its game in the women’s activewear market. The company appointed Mary Beth Laughton as president and CEO of its Athleta brand on Tuesday, September 24, hiring an executive experienced in both sportswear and women’s products. With the...
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Netflix’s stock continues to slip as previously bullish analyst cuts price target
Netflix’s week just got a lot worse. As competition and lower-than-expected subscription numbers caught up to the company, a previously bullish analyst at Pivotal Research cut his price target from $515 to $350. Netflix closed at $254.59 on Tuesday, the lowest closing...
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Tyson Dips Its Toe into Alternative Proteins
Tyson Foods is not just a chicken company anymore, it’s attempting to change from a traditional meat purveyor into a food company for the future. In the last month, Tyson Foods (TSN) has diversified its portfolio into the alt-meat sector, adding depth to its impact on...
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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 Craig Newmark Graduate School of Journalism at CUNY. Email your comments to greg.david@journalism.cuny.edu.