Friday, April 12, 2019

TheStreet: J Crew Actively Pursuing IPO of Madewell Division

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.

TheStreet: Tesla Goes Old School for Cheapest Model 3 - No More Online Sales

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.

Thursday, April 11, 2019

TheStreet: JetBlue to Start Service to London in 2021

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.

TheStreet: YouTube Subscriptions Will Set You Back $600 a Year

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.

Photo by Alexander Shatov on Unsplash

TheStreet: Amazon, Microsoft Are Now Last Two in Race for $10B Pentagon Cloud Contract

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.

Photo by Bryan Angelo on Unsplash

Wednesday, April 10, 2019

TheStreet: Netflix Makes Another Move on Hollywood, in Talks to Buy Egyptian Theatre

By SIMON CONSTABLE 

The giant movie streaming service is negotiating to buy an historic movie house on Hollywood Boulevard. Read more here.

TheStreet: JetBlue Set to Announce Trans-Atlantic Service

By SIMON CONSTABLE

An announcement of JetBlue's plans could come as soon as Wednesday, a report says. Read more here.