Business

2017 October

Canada oil, gas drilling to pick up in 2018: industry body

Reuters | Tuesday October 31, 2017

CALGARY, Alberta (Reuters) - Canadian oil and gas drilling activity will climb 5 percent in 2018 as a gradual uptick in crude prices gives rise to cautious optimism among producers, an industry body forecast on Tuesday.

Brazil OKs amended bill on car-hailing apps after Uber lobbying

Reuters | Tuesday October 31, 2017

BRASILIA (Reuters) - Brazil's Senate approved a weaker version of a hotly disputed bill to regulate car-hailing services like Uber Technologies Inc [UBER.UL] on Tuesday after the U.S. company's chief executive warned it could make its business unworkable in the country.

Mark Halperin’s ‘Game Change’ Partner Says He Was Unaware

The New York Times | Tuesday October 31, 2017

The political journalist John Heilemann said he hadn’t had “any inkling” of the misconduct alleged by several women concerning his co-author of nine years.

Rockwell Automation rejects Emerson's $27 billion takeover bid

Reuters | Tuesday October 31, 2017

(Reuters) - Automation equipment maker Rockwell Automation Inc said on Tuesday it had rejected an unsolicited acquisition bid from bigger rival Emerson Electric Co for more than $27 billion, arguing that the offer undervalued the company.

Game publisher EA's holiday-quarter sales forecast misses estimates

Reuters | Tuesday October 31, 2017

(Reuters) - Electronic Arts Inc's revenue forecast for the holiday quarter narrowly missed estimates on Tuesday as the game developer gears to face tough competition from rivals such as Activision.

Citigroup expects $150 million gain on sale of Hilton cards to American Express

Reuters | Tuesday October 31, 2017

NEW YORK (Reuters) - Citigroup Inc said on Tuesday it expects to record a $150 million pretax gain on the sale to American Express Co of a $1.2 billion credit card portfolio from its co-brand deal with Hilton hotels.

He’s George Papadopoulos, Just Not That George Papadopoulos

The New York Times | Tuesday October 31, 2017

It’s been an interesting couple of days for the many George Papadopouloses who are not a former Trump campaign adviser who pleaded guilty to lying to the F.B.I.

Buy signal blares for cell-tower stocks in 2017

Reuters | Tuesday October 31, 2017

NEW YORK (Reuters) - A hitch in a proposed merger of U.S. wireless carriers Sprint Corp and T-Mobile US has further boosted buoyant shares of cell tower stocks, which could benefit if there is no combined company to cut costs by reducing tower usage.

Wall St. ends strong October higher as tech, staples lead

Reuters | Tuesday October 31, 2017

(Reuters) - A jump in shares of consumer companies Mondelez and Kellogg after their quarterly reports on Tuesday, along with further gains for tech stocks, helped Wall Street end October on a positive note.

Aetna Could Offer CVS Valuable Protection

The New York Times | Tuesday October 31, 2017

Aetna, which reported a jump in profit, could be a new source of customers for its suitor, CVS.

Videogame publisher EA's holiday-quarter sales forecast misses estimates

Reuters | Tuesday October 31, 2017

(Reuters) - Electronic Arts Inc's revenue forecast for the keenly watched holiday quarter narrowly missed estimates on Tuesday amid expectations of tough competition from other games that are likely to release around the same time.

Matcha? Manicures? Fenty? It’s the Dawn of a New Century 21

The New York Times | Tuesday October 31, 2017

Generations of bargain hunters have made the pilgrimage to Century 21. Now, with a new millennial-friendly space, it’s going for their grandchildren.

Netflix Suspends Production of ‘House of Cards’

The New York Times | Tuesday October 31, 2017

The streaming service made the announcement two days after the show’s star, Kevin Spacey, was accused of making an unwanted sexual advance on a boy in the 1980s.

Uber CEO says company's future in Brazil in the balance

Reuters | Tuesday October 31, 2017

BRASILIA (Reuters) - The chief executive of Uber Technologies Inc, Dara Khosrowshahi, said on Tuesday that his company's future in Brazil depends on government decisions, as the Brazilian Senate prepared to vote on regulating car hailing apps.

Recent Commercial Real Estate Transactions

The New York Times | Tuesday October 31, 2017

Recent commercial real estate transactions in New York.

In a Superstar Economy, a Bull Market in Superstar Harassers

The New York Times | Tuesday October 31, 2017

With companies operating on a more sweeping scale and conferring bigger rewards, more workers are apt to act with impunity, researchers say.

Understanding Iran Nuclear Deal Trump Loves to Hate: QuickTake

The Washington Post | Tuesday October 31, 2017

Central Banks Want Freedom, Politicians Want Control: QuickTake

The Washington Post | Tuesday October 31, 2017

Why Mobile’s Future Depends on Scarce Spectrum Space: QuickTake

The Washington Post | Tuesday October 31, 2017

Abenomics Shocks Japan to Rescue Its Stagnant Economy: QuickTake

The Washington Post | Tuesday October 31, 2017