By SIMON CONSTABLE
Iconic apparel company J. Crew is actively considering selling off its women-focused brand Madewell through an initial public offering, according to a press release from the company.
The move, which could come as soon as the second half of the year, is aimed at shoring up J Crew's balance sheet. Read more here.
By SIMON CONSTABLE
Iconic electric carmaker Tesla (TSLA) is going old school.
New orders for its cheapest Model 3 car will now need to get made either over the phone or in-person at one of the company's dealers, Tesla stated in a blog post late Thursday. Buying the vehicle online won't be an option. Read more here.
By SIMON CONSTABLE
It's official!
You'll soon be able to take a JetBlue (JBLU) flight from New York or Boston to London.
Starting in 2021, the budget airline will begin its first ever service in the lucrative trans-Atlantic market, the company announced. Read more here.
By SIMON CONSTABLE
Ouch!
YouTube subscriptions will now set you back $600 a year.
It's even worse if you subscribe through Apple. Read more here.
By SIMON CONSTABLE
A battle royale for a multibillion-dollar government computing contract is now down to its final candidates.
Technology giants Amazon.com (AMZN) and Microsoft (MSFT) are the two remaining companies competing to provide cloud computing services to the Pentagon, according to multiple press reports on Wednesday that cited Defense Department sources. Read more here.
By SIMON CONSTABLE
The giant movie streaming service is negotiating to buy an historic movie house on Hollywood Boulevard. Read more here.
By SIMON CONSTABLE
An announcement of JetBlue's plans could come as soon as Wednesday, a report says. Read more here.