BUSINESS NEWS - Last Generation Network News for Sunday April 30 2017

BUSINESS NEWS - Last Generation Network News for Sunday  April 30 2017 

Trump really needs an economic boom. So far, he's not getting one.

Washington Post - ‎Apr 28, 2017‎
President Trump came into office promising to make the economy grow at rates the United States hasn't seen for decades. On Friday, as the government reported that the U.S.

Video Captures Delta Pilot Smacking Woman to Break Up Fight

New York Times - ‎16 hours ago‎
A Delta pilot became involved in a fight between two women at the Atlanta airport last week, but an investigation by the airline found his actions had helped de-escalate the episode.

Under the Trump Tax Plan, We Might All Want to Become Corporations

New York Times - ‎Apr 29, 2017‎
Corporations are people, Mitt Romney once told us. But if the Trump administration's tax plan were to become law, in the future a whole lot of people may just become corporations.

Mark Zuckerberg surprises Ohio family at mystery dinner

CBS News - ‎14 hours ago‎
NEWTON FALLS, Ohio -- An Ohio family says they learned just 20 minutes before dinner this week that a planned mystery guest would be Facebook founder and billionaire Mark Zuckerberg.

Congress eyes airline overhaul after United incident

The Hill - ‎1 hour ago‎
Congress is eyeing an overhaul of airline policies after a man was violently removed from a United Airlines flight earlier this month - and members will have plenty of bills to choose from.

Santa Barbarans are angered by Trump's order that could lead to new offshore drilling

Los Angeles Times - ‎16 hours ago‎
From a cafe table on a pier overlooking sea lions and passing sailing vessels with bright pennants flapping in the breeze, Pedro Nava recalled that the battle lines were drawn to prevent offshore drilling in Santa Barbara when a marine sanctuary was ...

Gov. Brown signs plan that raises gas tax to fix roads

McClatchy Washington Bureau - ‎Apr 28, 2017‎
California drivers will see gas prices jump in November and will pay more to register their vehicles come January after Gov. Jerry Brown signed into law Friday a tax hike of $5 billion per year to fix the state's crumbling highways.

Is Starbucks Making Great Acquisitions? It Sure Doesn't Seem Like It

TheStreet.com - ‎Apr 29, 2017‎
Starbucks (SBUX) has a mixed track record on acquisitions, something that came to forefront once again when the coffee king reported its latest results on Thursday.

Puerto Rico board OKs agency fiscal plans as deadline looms

Nasdaq - ‎Apr 28, 2017‎
(Adds details about impending negotiation deadline) By Nick BrownNEW YORK, April 28 (Reuters) - Puerto Rico's financial oversight board on Friday approved fiscal plans for four public agencies, including a liquidation of the island's Government ...

Cloudera founder: Why investors are 'thrilled' my company is worth $2 billion less after our IPO

Business Insider - ‎Apr 28, 2017‎
Big data software company Cloudera completed its much-anticipated IPO on Friday and the stock was a hit with investors. Cloudera priced it at $15 raising $225 million for itself, above its initial range of $12 to $14.

Rising US truck, crossover sales drive GM to record profit

Reuters - ‎Apr 28, 2017‎
first-quarter profit on robust sales of its large pickup trucks and crossovers in the United States, as uncertainty surrounds the overall pace of domestic auto sales for the industry.

Louisiana bank failure is costliest since financial crisis

Washington Post - ‎Apr 28, 2017‎
Regulators on Friday seized New Orleans-based First NBC Bank in the costliest bank failure since the financial crisis, with cleanup costs estimated at $1 billion .

Western Digital (WDC) Beats on Q3 Earnings and Revenues

Zacks.com - ‎Apr 28, 2017‎
Continuing its upbeat performance alive for the fourth straight quarter, Western Digital Corp. (WDC - Free Report) reported better-than-expected results for third-quarter fiscal 2017.

Time Inc and Meredith Corp end talks over merger deal

Reuters - ‎Apr 28, 2017‎
FILE PHOTO: Time Inc. CEO Joe Ripp (2nd L) claps after ringing the bell to open trading at the New York Stock Exchange in New York June 9, 2014.

BlackRock's Fink Says U.S. on Path to 'Exploding' Deficits

Bloomberg - ‎Apr 28, 2017‎
The Trump administration's tax proposals are unlikely to spur enough economic growth to reduce U.S. deficits, BlackRock Inc.'s Larry Fink said Friday.

Puerto Rico Bondholders Reject Island's Restructuring Offer

Bloomberg - ‎18 hours ago‎
Puerto Rico bondholders rejected Governor Ricardo Rossello's debt-restructuring proposal days before a May 1 deadline to craft a deal or face a potential wave of creditor lawsuits.

With Anthem-Cigna All But Dead, M&A Speculation Is Back On

Bloomberg - ‎Apr 28, 2017‎
With the Anthem Inc.-Cigna Corp. merger now all but dead, speculation about the next health-insurance megadeal -- and the Trump administration's tolerance for such transactions -- has begun.

Comments