Market Insight Blog

Newsweek publishes critical piece on company after staffers threaten to resign
Late Monday night Newsweek's acting editor-in-chief, four senior editors and two reporters were ready to quit. After months of drama at the magazine, including a raid by the Manhattan District Attorney's office, the abrupt firings of their executive editor and editor-in-chief and questions about their website traffic and ad revenue, they were ready to take a stand. Their bosses at Newsweek Media Group were, sources familiar with the situation told CNN, trying to block a story they were working […]

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Alibaba bets on Olympics to make it a household name
Experiencing the Olympics in virtual reality Alibaba is ready to compete on the world stage. China's biggest e-commerce company just made its debut as an Olympic sponsor at the Winter Games in Pyeongchang. Its massive pavilion at the event is a stone's throw from those of Coca-Cola (KO), McDonald's (MCD) and Samsung (SSNLF).

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Tavis Smiley sues PBS, saying sexual misconduct investigation was biased
Smiley: PBS investigating after GMA interview Tavis Smiley filed a lawsuit against PBS on Tuesday, saying that the organization used allegations of sexual misconduct against him as a pretext to end a "tense" relationship. PBS suspended distribution of "Tavis Smiley" in December following what it called "troubling allegations" against the news show's namesake host. Following an investigation into the accusations, PBS said Smiley had "multiple sexual encounters with subordinates over many years," […]

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The unwitting: The Trump supporters used by Russia
Who are the citizens hired by Russian trolls? A Donald Trump supporter who unwittingly helped a Kremlin-linked operation to meddle in American politics says he only learned of his part in the Russian plot when the FBI showed up at his doorstep months later. Harry Miller was paid as much as $1,000 by the Russians to build a cage that was used to depict a person dressed as Hillary Clinton in a prison cell at a rally in West Palm Beach, Florida in August 2016. The stunt was part of an elaborate […]

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3M will pay $850 million in Minnesota to end water pollution case
New York City wants oil companies to pay for climate change 3M is paying $850 million to end a years-long lawsuit claiming it contaminated water in its home state of Minnesota. Minnesota Attorney General Lori Swanson, who filed the case against 3M (MMM) in 2010, announced the settlement on Tuesday.

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Kendrick Lamar's 'Black Panther' album is a hit ? and it could change the music industry
'Black Panther' destroys another Hollywood myth "Black Panther" is a bonafide box office smash, and its soundtrack is tearing up the charts, too. "Black Panther: The Album" debuted atop the Billboard 200 this weekend after selling 154,000 copies in its first week, according to Nielsen Music. That number understates the success of the album, a collection of songs curated by Grammy-winning rapper Kendrick Lamar. Billboard hasn't yet factored in the additional 61,300 copies sold over the weekend […]

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WeShop? WeWork preps a retail push
Inside WeLive's NYC apartments WeWork has built a billion-dollar business by convincing professionals to pay for decked out coworking spaces and a sense of community. Entrepreneurs Ali Kriegsman and Alana Branston want to do the same for retail. The pair are cofounders of Bulletin, a young startup that charges female-focused lifestyle brands a monthly membership fee for placement in its retail spaces and on its online marketplace. It raised more than $2 million last year and plans to open a […]

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Facebook to use postcards in anti-election meddling effort
Facebook fights back against Russian trolls Facebook's efforts to prevent people from using its platform to meddle in U.S. politics will rely in part on one very low-tech tool: postcards. Later this year, the social network will begin sending postcards to verify the identities of people buying advertisements regarding candidates running for federal office. The move is part of Facebook's efforts to bring authenticity to election-related ads following criticism from the public and legislators […]

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BP: Demand for oil could peak by late 2030s
Al Gore: 'We have a subprime carbon bubble' The world's thirst for oil may finally be quenched. Global demand for crude is likely to "plateau" during the late 2030s, mostly because of the rise of electric cars and trucks, BP predicted Tuesday in its annual outlook.

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NBA's Adam Silver: Two decisions that have defined my tenure
Adam Silver responds to Jay-Z on racism in NBA Adam Silver became NBA Commissioner in February 2014. Just two months into his new job he was forced to navigate a major controversy, issuing a lifetime ban against then-Los Angeles Clippers owner Donald Sterling, who was caught on tape making racist comments.

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