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Facebook Isn’t as Cheap as It Looks

Facebook Isn’t as Cheap as It Looks

A controversial outlook takes down the stock’s valuation, but unique risks still aren’t priced in.

Published 3 months ago

U.S. Probes Web of Businesses for Ties to Alleged Hezbollah Supporters

U.S. Probes Web of Businesses for Ties to Alleged Hezbollah Supporters

U.S. officials are probing a transcontinental network of real estate, weapons and electronic firms for ties to two Lebanese men blacklisted for their alleged support of terrorist group Hezbollah.

Published 3 months ago

‘I Quit, I Quit!’ Boardroom Turmoil Aggravates Univision’s Problems

‘I Quit, I Quit!’ Boardroom Turmoil Aggravates Univision’s Problems

Clashing egos and feuds over the company’s future have engulfed the U.S.’s largest Spanish-language broadcasting outlet, complicating its response to strategic challenges, including the rise of cord cutting. Its new CEO has to both cut costs and restore morale.

Published 3 months ago

Twitter User Numbers Slip as It Shuts Down Fake Accounts

Twitter User Numbers Slip as It Shuts Down Fake Accounts

Twitter said its number of monthly users dropped in the second quarter and could continue to fall as it purges fake accounts—illustrating the challenges social-media companies face in trying to clean up their platforms.

Published 3 months ago

You’re a CEO—Stop Talking Like a Political Activist

You’re a CEO—Stop Talking Like a Political Activist

Many corporate leaders who speak out on divisive social issues forget to make a business case for their views; the Ronald Reagan model.

Published 3 months ago

Wildfire Drives Tourists From Yosemite, Takes Local Economy With It

Wildfire Drives Tourists From Yosemite, Takes Local Economy With It

Normally teeming with tourists this time of year, Yosemite National Park has been turned into a no man’s land as smoke from a raging forest fire cloaks the park and its most famous attractions.

Published 3 months ago

Twitter shares drop as much as 20% after fall in monthly usage

Twitter shares drop as much as 20% after fall in monthly usage

Tumble follows steep decline in shares of fellow social network Facebook

Published 1 second ago

Facebook Isn’t as Cheap as It Looks

Facebook Isn’t as Cheap as It Looks

A controversial outlook takes down the stock’s valuation, but unique risks still aren’t priced in.

Published 3 months ago

You’re a CEO—Stop Talking Like a Political Activist

You’re a CEO—Stop Talking Like a Political Activist

Many corporate leaders who speak out on divisive social issues forget to make a business case for their views; the Ronald Reagan model.

Published 3 months ago

Trump Discusses GDP Figures Due Friday Morning

Trump Discusses GDP Figures Due Friday Morning

President Donald Trump on Thursday outlined his expectations for Friday’s economic growth report, breaking from a tradition of presidents refraining from commenting on the figure ahead of its release.

Published 3 months ago

The $5 Trillion Question: How Did the Firm That Pioneered ETFs Lose Its Lead?

The $5 Trillion Question: How Did the Firm That Pioneered ETFs Lose Its Lead?

State Street developed a hit investment product 25 years ago. Then more-focused rivals came along with better marketing and lower costs. Now the trust bank is No. 3 in the market it started.

Published 3 months ago

You’re a CEO—Stop Talking Like a Political Activist

You’re a CEO—Stop Talking Like a Political Activist

Many corporate leaders who speak out on divisive social issues forget to make a business case for their views; the Ronald Reagan model.

Published 3 months ago

Facebook Suffers Worst-Ever Drop in Market Value

Facebook Suffers Worst-Ever Drop in Market Value

Facebook suffered the biggest-ever one-day loss in market value for a U.S.-listed company, a punishing reversal for a company that has led a yearslong tech-stock surge.

Published 3 months ago

Wildfire Drives Tourists From Yosemite, Takes Local Economy With It

Wildfire Drives Tourists From Yosemite, Takes Local Economy With It

Normally teeming with tourists this time of year, Yosemite National Park has been turned into a no man’s land as smoke from a raging forest fire cloaks the park and its most famous attractions.

Published 3 months ago