BUSINESS NEWS - Last Generation Network News - MONDAY MAY 1 2017

BUSINESS NEWS - Last Generation Network News - MONDAY MAY 1 2017

Consumer Spending in U.S. Stalls in March

Bloomberg - ‎1 hour ago‎
U.S. consumer spending stalled in March while inflation slowed to below the Federal Reserve's target, showing the biggest part of the economy might take more time to gain momentum after a tepid start to the year.

Tesla's Elon Musk Thinks You'll Travel to Work Like This in the Future and It's Nuts

TheStreet.com - ‎2 hours ago‎
A large reason why Tesla (TSLA) has a market cap of $51.2 billion is because of how investors perceive CEO Elon Musk. Spreadsheet lovers may cringe when they hear that, but it's true.

21st Century Fox and Blackstone Said to Be Interested in Buying Tribune Media

New York Times - ‎10 hours ago‎
James Murdoch, chief executive of 21st Century Fox, in Manhattan this month. Credit Kevin Hagen for The New York Times. 21st Century Fox is in talks with Blackstone Group, the giant investment firm, to make an offer for Tribune Media and its stable of ...

In His Post-Fed Life, Bernanke Talks Taxes, Trump And Partisan Perceptions

NPR - ‎5 hours ago‎
Ben Bernanke had to guard his public comments closely in his eight years as the world's most powerful central banker. His words could move global markets.

REFILE-Dish revenue misses estimates, loses more subscribers than expected

Nasdaq - ‎33 minutes ago‎
(Removes extraneous zero in net pay-TV subscriber figure in fourth line to read 143,000, not 143,0000.) By Anjali Athavaley and Amy Caren DanielMay 1 (Reuters) - Dish Network Corp <DISH.

Apple Inc. (AAPL) Boosts Margins; Here's How

Smarter Analyst - ‎2 hours ago‎
Apple Inc. (NASDAQ:AAPL) is struggling with weak top line growth. Sales are stagnant in every major product category, and fierce competition in the smartphone market has led to margin erosion on the iPhone and other products.

Puerto Rico Bondholders Reject Island's Restructuring Offer

Bloomberg - ‎46 minutes 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.

Twitter Pairs Up With Bloomberg To Get Into The 24/7 Streaming News Game

Forbes - ‎1 hour ago‎
If you haven't watched any streaming video on Twitter TWTR -0.78% then you've probably had your eyes removed in some sort of strange social media voodoo ritual.

NYC launches ferry service with Queens, East River routes

New York Daily News - ‎1 hour ago‎
Passengers on board a NYC Ferry watch the Manhattan skyline as they approach the Wall Street pier, Monday, May 1, 2017, in New York.

Dubai becomes first city to get its own Microsoft font

BBC News - ‎9 hours ago‎
Not content with having the world's tallest building and biggest shopping centre, Dubai has become the first city to get its own Microsoft-designed font.

Oil Falls as U.S. Drillers Boost Rigs and Libya Expands Output

Bloomberg - ‎9 hours ago‎
Oil declined as rigs targeting crude in the U.S. rose for a 15th week and output from Libya rebounded. Futures in New York lost as much as 0.6 percent after gaining 0.7 percent Friday.

Is The Arctic Ocean Awash With Economic Hope Or Ecological Risks?

Forbes - ‎2 hours ago‎
The idea behind permitting offshore drilling in the Atlantic and Arctic Oceans is to unleash a wave of investment that would tap into potentially rich oil and gas deposits.

Here comes ISM manufacturing PMI ...

Business Insider - ‎23 minutes ago‎
The Institute of Supply Management and Markit Economics will shortly release their reports on the manufacturing sector during April.

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