Baltimore is trying to land Amazon's new HQ with help from Goldman Sachs

Baltimore is trying to land Amazon's new HQ with help from Goldman Sachs

A rendering of the Port Covington development, in Baltimore. Baltimore is getting a hand from Goldman Sachs as it tries to become Amazon’s second home. Goldman (GS) invested $233 million last month in a huge real estate project that could serve as a potential East Coast base for the e-commerce giant. The move came just → Read More

China's economy cools slightly in the third quarter

China's economy cools slightly in the third quarter

Xi Jinping’s rise to power There were no nasty surprises in China’s latest economic growth figures. The world’s second largest economy expanded 6.8% in the third quarter compared with the same period a year earlier, government data released Thursday showed. Read More

Harvard rescinds medal awarded to Harvey Weinstein in 2014

Harvard rescinds medal awarded to Harvey Weinstein in 2014

Women go public with Weinstein allegations Harvard has decided to strip Harvey Weinstein of an award it gave him in 2014. The Hutchins Center for African and African American Research voted unanimously on Wednesday to rescind Weinstein’s W. E. B. Du Bois Medal. The movie mogul has been accused of sexual harassment and assault by → Read More

Longtime AmEx CEO Kenneth Chenault is stepping down

Longtime AmEx CEO Kenneth Chenault is stepping down

5 stunning stats about credit cards Kenneth Chenault, the longtime CEO and Chairman of American Express (AXP), is stepping down after 37 years at the company. The retirement of Chenault, who has been CEO since 2001, will leave just one black executive at the helm of a Dow 30 company, according to the Executive Leadership → Read More

Blue Apron lays off hundreds just months after IPO

Blue Apron lays off hundreds just months after IPO

Wall Street gets its first taste of Blue Apron IPO Blue Apron is fighting to get back in the black. Blue Apron (APRN) laid off 6% of its staff across its fulfillment centers and corporate offices on Wednesday in an effort to get closer to profitability, according to a filing with the Securities and Exchange → Read More

SeaWorld is laying off 350 workers as attendance wanes

SeaWorld is laying off 350 workers as attendance wanes

Can wearable tech make theme parks better? SeaWorld has had a rough few years. The company, which has been cutting costs, announced Wednesday that it’s laying off 350 employees in the face of low park attendance. “It is an unfortunate, but necessary, consequence of the restructuring that some positions will be lost,” spokeswoman Aimée Jeansonne → Read More

The NFL can't seem to shake a season of sluggish ratings

The NFL can't seem to shake a season of sluggish ratings

NFL ratings are still huge The NFL is still contending with sluggish ratings half way into the 2017 season. NBC’s “Sunday Night Football” through week six of the regular season is down 4% in viewership compared to last year; and the averages of Sunday afternoon games on Fox and CBS are down 7% and 14% → Read More

Hackers are targeting schools, U.S. Department of Education warns

Hackers are targeting schools, U.S. Department of Education warns

How to protect yourself from hackers When Superintendent Steve Bradshaw first received a threatening text message in mid-September, he didn’t know it was coming from a hacker trying to exploit his Montana school district. But soon, students and other schools around Flathead County were receiving threatening messages, too. More than 30 schools in the district → Read More

Cities make last-ditch effort for Amazon's second headquarters

Cities make last-ditch effort for Amazon's second headquarters

Amazon unveils new Alexa devices New Yorkers may assume that the Empire State Building lit up in orange on Wednesday night is an early Halloween treat. But New York City is the latest city vying for the attention of tech giant Amazon. The deadline to submit a proposal for Amazon’s second headquarters is rapidly approaching, → Read More

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