Monday, April 15, 2019

The Street: Caesars Entertainment Places Bet on New CEO - Report

By SIMON CONSTABLE

Casino operator Caesars Entertainment is preparing to name a new CEO, according to a report. Read more here.

Friday, April 12, 2019

TheStreet: Gilead Sciences Teams With Novo Nordisk for Trials of Liver Disease Drugs

By SIMON CONSTABLE

Biotech company Gilead Sciences  (GILD)  will team up with Danish healthcare company Novo Nordisk  (NVO) in their efforts to help combat liver disease.

The two companies said they will collaborate on clinical trials for medications for treating nonalcoholic steatohepatitis (NASH). Read more here.

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