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Rice University to now host annual Veterans Business Battle
Business
Published in 13-2-2018
    668 Visits

The annual Veterans Business Battle, a business plan competition for military members turned entrepreneurs, will now be hosted by Rice University.

The event was founded by the Houston chapter of Entrepreneurs' Organization, which acted as its host for its first three years, and Rice's Veterans In Business Association, a student organization for MBA students at the Jones School o ...>>

Reference: www.chron.com
The Ginger Man to open Midtown pub
Business
Published in 13-2-2018
    802 Visits

The Ginger Man is expanding its local footprint with a new pub in Midtown.

Reference: www.chron.com
Amazon to lay off 'small' number of people in Seattle
Business
Published in 13-2-2018
    896 Visits
After a ramp-up of hiring last year, Amazon says it will cut a "small" number of positions at its Seattle headquarters. The company did not give an exact number, but the Seattle Times, citing a person familiar with the cuts, says they affect a few hundred people. That would be a small percentage of the 40,000 people Amazon employs at its headquarters, and an even smaller proportion of its 566,000 ...>>
Reference: www.chron.com
Beleaguered gun maker Remington seeks path to bankruptcy court
Business
Published in 13-2-2018
    288 Visits
MADISON, N.C. - Remington, the gun maker beset by falling sales and lawsuits tied to the Sandy Hook Elementary School massacre, has reached a financing deal that would allow it to continue operating as it seeks Chapter 11 bankruptcy protection. The maker of the Bushmaster AR-15-style rifle used in the Connecticut shooting that left 20 first-graders and six educators dead in 2012, said Monday that ...>>
Reference: www.chron.com
Stocks power higher after a dreadful week
Business
Published in 13-2-2018
    564 Visits
NEW YORK - Stocks powered higher Monday, sending the Dow Jones industrial average up 410 points, as the market clawed back more of its massive losses from the previous two weeks. Apple jumped 4 percent and led a rally in technology companies, while industrial companies, banks and consumer-focused companies like retailers also rose. Netflix and Amazon surged again as stocks that led the market high ...>>
Reference: www.chron.com
Stocks plunge; Dow has biggest point loss in history
Business
Published in 6-2-2018
    968 Visits

Stocks on Monday sustained their worst losses since the financial crisis as investors around the world began to reckon with end of more than a decade of cheap money.

Reference: www.chron.com
Humor, social messages proliferate in tame Super Bowl ads
Business
Published in 6-2-2018
    252 Visits
NEW YORK - This year's Super Bowl ads ran the gamut from tame humor to ... tame messages about social causes. After a divisive year, advertisers during the Big Game worked overtime to win over audiences with messages that entertained and strove not to offend. The slapstick humor and sexual innuendo that used to be commonplace during Super Bowl ad breaks were nowhere in sight. Instead, Budweis ...>>
Reference: www.chron.com
Fed's Wells Fargo punishment sets precedent for harsher era
Business
Published in 6-2-2018
    457 Visits
The Federal Reserve just devised a harsh new punishment after Wells Fargo landed in scandal after scandal - one that may haunt every big bank. The San Francisco-based lender was banned late Friday from growing until it convinces authorities it's addressing shortcomings - an action that could cost it $400 million in profit this year and pushed shares down by the most in more than two years on ...>>
Reference: www.chron.com
Ram truck ad using MLK speech draws backlash
Business
Published in 6-2-2018
    443 Visits
A Ram truck ad that used a speech by Martin Luther King Jr. is drawing a backlash. The ad shows people doing service-oriented tasks set against audio of King's speech, which urges people to be "great" by serving the greater good. It was supposed to highlight the volunteer program Ram Nation. But it was criticized by viewers and ad experts alike for forging too tenuous a connection with the ci ...>>
Reference: www.chron.com
Democrats lash out at consumer watchdog over Equifax case
Business
Published in 6-2-2018
    167 Visits
Democratic lawmakers lashed out at the Consumer Financial Protection Bureau on Monday amid a report that the agency was backing off an investigation into a massive data breach at Equifax last year that exposed sensitive data about millions of people. Reuters news agency, citing former officials familiar with the probe, reported that the CFPB has not taken routine steps to move forward with an inve ...>>
Reference: www.chron.com
Chenault dealt with crises, competition as head of American Express
Business
Published in 30-1-2018
    749 Visits
NEW YORK - Kenneth Chenault, wearing no sport coat and no tie, with a large cup of tea in front of him, fits an image of a man ready for retirement. Chenault is days away from stepping down as the chief executive officer and chairman of American Express, the credit card giant and one of the most iconic brands in the country. He will have run American Express for 17 years, guiding the company throu ...>>
Reference: www.chron.com
Nazi past followed Ikea founder to his death
Business
Published in 30-1-2018
    390 Visits
In 1943, Ingvar Kamprad was a 17-year-old budding entrepreneur selling udder balm, picture frames and other small-town wares from his home in rural Sweden. That year, he founded a mail-order company called Ikea, initials taken after his name and that of his family's farm. His first employee was his close friend Otto Ullmann, an Austrian Jew about his age whose parents had sent him to Sweden t ...>>
Reference: www.chron.com
Apple's stock sinks as high hopes for iPhone X sales fade
Business
Published in 30-1-2018
    810 Visits
SAN FRANCISCO - Apple's stock is backtracking from its recent highs amid mounting concerns that iPhone X sales will fall short of the high hopes for a device that brought facial recognition technology and a $1,000 price tag to the company's flagship product line. Speculation about disappointing demand for the iPhone X have been swirling for the past week, contributing to a 6 percent decl ...>>
Reference: www.chron.com
Europe ready to hit back if Trump imposes anti-EU trade measures
Business
Published in 30-1-2018
    900 Visits
BRUSSELS - The European Union said Monday that it stands ready to hit back "swiftly and appropriately" if U.S. President Donald Trump imposes unfair trade measures against the 28-nation bloc. The EU's warning comes less than 24 hours after Trump expressed his annoyance with EU trade policy, saying it "may morph into something very big." The standoff contrasted sharply with relations during th ...>>
Reference: www.chron.com
United's Kirby goes rogue with plan that may spur lower airfares
Business
Published in 30-1-2018
    795 Visits
Scott Kirby has a very specific view about how the three U.S. hub-and-spoke airlines work best, having managed two of them. In his current job as president of United Continental Holdings, Kirby's role is to oversee a major overhaul of how the carrier operates, beginning with a broad restructuring of its three domestic-focused hubs in Houston, Chicago and Denver. By United's math, this tr ...>>
Reference: www.chron.com


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