Business News


Office / Million

TheWaveVR CEO Adam Arrigo expects VR is about to breakout into the mainstream — his company even used VR to create a pitch deck used to woo venture..
16 hours ago • bizjournals

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Billion

· *Deutsche Bank accidentally sent $35 billion to an account at Deutsche Boerse AG's Eurex clearinghouse, according to a Bloomberg report.*
· *The firm..
11 hours ago • Business Insider

Office

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· *Amazon is gearing up to do without the United States Postal Service if it were forced to, D.A. Davidson told clients Thursday.*
·..
14 hours ago • Business Insider

Billion / Wells Fargo

Federal regulators are poised to impose a $1 billion penalty on Wells Fargo for a variety of alleged misdeeds, including forcing customers to buy auto insurance..
5 hours ago • SFGate


Netflix

· *The bull case for Netflix has a big flaw, argues Wedbush analyst Michael Pachter, a longtime skeptic of the company.*
· *Optimists think the company's..
4 hours ago • Business Insider

California

California’s legalized cannabis market rests on growers getting legal too, but they have reasons not to go legit
6 hours ago • bizjournals


Amazon Prime / Jeff Bezos

CEO Jeff Bezos revealed the Prime membership number in his annual letter to shareholders Wednesday. The number is significant because Prime members — who pay a..
9 hours ago • bizjournals


Southwest

Selfies and videos taken on the plane, whose engine exploded, show panicked passengers with the masks around their mouths but not their noses.
3 hours ago • NYTimes.com


Men Arrested / Philadelphia

PHILADELPHIA (AP) — Black men arrested at Philadelphia Starbucks tell AP they did nothing wrong, feared for lives.
17 hours ago • Seattle Times


Maryland / Cannabis

Maryland dispensaries are celebrating the cannabis industry's biggest holiday with special deals, events and prizes offered all week long to local consumers...
11 hours ago • bizjournals


Europe / Profit

Philip Morris International Inc. (NYSE:PM) said first-quarter profit fell 2.5% amid lower cigarette shipments to Europe and east Asia. The stock tumbled. Net..
13 hours ago • Proactive Investors


Europe

Netflix Inc. (NASDAQ:NFLX) plans to more than double its production budget for Europe this year and will spend about US$1bln on original content in the region,..
15 hours ago • Proactive Investors


Mattel

Mattel Inc. said Thursday that its chief executive, Margaret “Margo” Georgiadis, is leaving the El Segundo toy maker after she failed to halt the slide in..
7 hours ago • L.A. Times


Fearless Girl

Kristen Visbal, the artist who sculpted "Fearless Girl," has been quietly selling full-size reproductions of the beloved sculpture.
7 hours ago • CNNMoney


Maryland

ANNAPOLIS, Md. (AP) — In the wake of alleged Russian meddling in the 2016 U.S. presidential race, Maryland is close to enacting a law that some experts say..
11 hours ago • SeattlePI.com

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