'Blackfish' caused SeaWorld profit to dive by 84%
Blackfish documentary made a large impact on SeaWorld's second quarter performance leaving it with a plunge of 84%. Although there are other factors that caused the decline, the documentary is the main reason giving people the wrong impression about the captive whale. Despite all the challenges, CEO Joel Manby is still positive the company will overcome it and get back to business as usual.
Aug 07, 2015 12:08 PM EDT
New Yorkers give thumbs up to $15 per hour wage increase
Wage increase means commodity price increase. New Yorkers agreed and willing to pay more to help fast food workers elevate their standard of living. Other U.S cities will follow the phase in the next couple of years.
Good Eggs online farmers' market shuts down its operation in Brooklyn, New Orleans and Los Angeles
Good Eggs is closing down its operation in New Orleans, Los Angeles and Brooklyn. The CEO admitted they didn't understand that their target of multiplying outlets needs a different approach in business.
Blue Bell gets green light to resume production after
The US food authorities have given approval to Blue Bell to resume its ice cream production, which was forced to stop following the reports of illness and deaths caused by listeria bacteria contamination.
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Intel ups bonus for referring women and minorities in a bid for workforce diversity
Tech giant Intel reveals that one of their ways to move forward to their diversity goal is to double their referral bonus to employees who refer women and minorities into their workforce.
Aug 07, 2015 1:15 AM EDT
From radio to TV, Spotify's content chief Ken Parks joins Pluto TV
Ken Parks, chief of Spotify's content, will be joining streaming startup Pluto TV as its Chairman. Parks will still work with Spotify in an advisory capacity to CEO Daniel Ek after the transition.
Aug 06, 2015 11:32 PM EDT
BEA: Residential and commerical real estate investments are in the uptrend, albeit very low
The business revival in the US economy is bringing more investments back into residential and commercial real estate.
Aug 06, 2015 11:16 PM EDT
Activision Blizzard surprises Wall Street with better-than-expected profits, earnings
Game publisher Activision Blizzard has posted positive earnings reports for the second quarter of 2015, exceeding analysts' expectations.
Aug 06, 2015 10:29 PM EDT
Adidas Group acquires Runtastic fitness apps for $240 million
The sportswear company, Adidas Group, bought Runtastic fitness app for $240 million. It is said that Adidas had just found a perfect partner inspiring people to stay fit and healthy and live a longer life.
Aug 06, 2015 7:29 AM EDT
JPMorgan just made it easier to borrow $3 million for a home loan
Applying for a home loan of up to $3 million seems to be a lot easier with J.P. Morgan. Manageable requirements allow borrowers to get their dream house. With the company's new policy, they will be able to provide high-quality customers with better loan terms.
Aug 06, 2015 2:52 AM EDT
Silicon Valley Bus Drivers Woes: Apple is amenable to offer better working conditions
Apple is working out with contractors for its drivers' wage hike by $27.50 an hour. Recently, Teamsters Local 853, the tech bus union protested over their unpaid downtime from morning to evening.
Aug 06, 2015 2:34 AM EDT
Parse.ly CEO Sachin Kamdar talks about how his company achieves 150% year-over-year growth
Sachin Kamdar shares his some pointers on how his web analytics company, Parse.ly, achieved 150%-200% yearly growth.
Aug 06, 2015 2:13 AM EDT
Greek stock market reopens to huge losses after five-week shutdown, hopes to recover with upcoming bailout
The Greek stock market was forcibly closed at the end of June after the country defaulted due to its debt. Reopening after more than a month of excruciating wait, the market sees heavy losses, especially from the country’s top four banks.
Aug 06, 2015 2:08 AM EDT
Good times is coming? Wall Street's Laszlo Birinyi sees S&P 500 climbing 52% in two years
The S&P 500 has risen around 2% so far this year, and long-time stock market forecaster Laszlo Birinyi says US stocks will continue to rise. Birinyi expects the index to climb 52% by 2017.
Aug 06, 2015 2:05 AM EDT
Original Content is King to Netflix's 'World Domination' Strategy
Streaming media provider Netflix is looking to produce its own original content instead of licensing properties from studios.
Aug 06, 2015 1:47 AM EDT
Citibank Under Investigation: CFPB Probes Student Loan Services
Citibank admits being under investigation for student loan practices. CFPB refuses to comment regarding the investigation.
Aug 06, 2015 12:00 AM EDT
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