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    Revolution Radio Your home for the best variety of Christian music

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    We'll See About That with Ron Cey Episode 157 Leave Tom Hardy Alone! Ron Cey

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Financial News

632 Results / Page 13 of 71

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Business & Lifestyle

Salesforce acquires work chat app Slack for $27B

SAN FRANCISCO (UPI) -- Cloud computing company Salesforce acquired workplace chat app Slack in an agreement announced by the two companies Tuesday. Salesforce agreed to pay $27.7 billion for Slack, with Slack shareholders receiving $26.79 in cash and 0.0776 shares of Salesforce common stock for each Slack share. The valuation was based on the closing price of Salesforce's common stock on Monday. Marc Benioff, chair and CEO of Salesforce, praised Slack CEO and co-founder Stewart Butterfield for building "one of […]

todayDecember 2, 2020 28

Business & Lifestyle

Apple agrees to settle iPhone throttling lawsuit for $113 million

CUPERTINO, Calif. (UPI) -- Apple on Wednesday agreed to pay $113 million to settle a lawsuit brought by 33 states and Washington, D.C., accusing the company of intentionally slowing down speeds on older iPhones in order to increase sales of newer models. A judge must still approve the agreement, which is separate from a class-action lawsuit in which Apple agreed to pay $500 million to iPhone owners in March. As part of Wednesday's proposed settlement, Apple admits no wrongdoing. The […]

todayNovember 19, 2020 27

Business & Lifestyle

Irish man receives three-year prison sentence, stole $2.5 million in crypto via SIM hacks

DUBLIN, Ireland -- A 21-year-old Irish man is heading to prison for three years on various charges, including cryptocurrency theft. Conor Freeman would receive his sentence in criminal court Tuesday, pleading guilty on various charges, including "guile and deception." This is according to Dublin Circuit Judge Martin Nolan. A report from The Irish Times would reveal that Freeman was found guilty of engaging in the possession of the proceeds of his crime. Additionally, other charges would include theft and dishonest […]

todayNovember 19, 2020 99

Business & Lifestyle

Crypto lender CRED files for bankruptcy

WILMINGTON, Del. -- A leading cryptocurrency lender is requesting bankruptcy protection as a result of some alleged shady dealings. Cryptocurrency lender CRED Inc. filed for Chapter 11 bankruptcy on Saturday before the United States Bankruptcy Court in Delaware. According to its filing, CRED lists estimated assets between $50 million and $100 million. Their current liabilities range from $100 million to $500 million, but the actual figure is not known. Last month, a cryptic email sent to users states some "irregularities" in […]

todayNovember 9, 2020 71

Business & Lifestyle

ESPN to lay off 300 workers, won’t fill 200 open jobs

BRISTOL, Conn. (UPI) -- ESPN announced Thursday it will lay off 300 employees and will not fill about 200 open positions, marking its largest number of job cuts in five years. The sports network, which is owned by Disney, employs about 6,000 people worldwide, 4,000 of whom are in Bristol, Conn. It laid off 300 employees during a round of cuts in 2015. "Today is hard because ESPN has always been -- and will always be -- fortified by its […]

todayNovember 5, 2020 63

Business & Lifestyle

GameStop closed on Thanksgiving, Black Friday deals offered early

GRAPEVINE, Tex. -- If you were planning to huddle outside of your nearest GameStop store, save yourself the trip this year. This is assuming your closest store hasn't already closed or gone out of business due to the company's ongoing restructuring plan. GameStop is following the lead of other major retailers by being closed on Thanksgiving Day. Walmart and Target made similar announcements earlier this year. Normally, the video game retail giant has been opening up to Black Friday shoppers […]

todayOctober 27, 2020 35

Business & Lifestyle

Report supports calls for national paid sick-leave policy, impacting Illinois

SPRINGFIELD -- New research suggests access to emergency paid leave could help limit the spread of the novel coronavirus. Supporters of a broader paid-time-off proposal say it's needed in states like Illinois, where there's no such requirement. The study says states with access to emergency paid leave during the crisis have seen 400 fewer COVID cases per day. It was led by Cornell University and the Swiss Economic Institute. Paid-leave group demands Senate vote on House relief bill Dawn Huckelbridge is […]

todayOctober 23, 2020 92

Business News

Pritzker issues serious threat yet to Illinois bars, restaurants that defy orders

SPRINGFIELD (The Center Square) – Gov. J.B. Pritzker announced Thursday even stricter rules for one region of the state and said state officials would be tracking down businesses throughout Illinois that don’t follow the added restrictions. The governor is tightening restrictions in Region 1 in northwest Illinois where the COVID-19 positivity rate stood at 11.2 percent on Thursday. Region 1, which has been under Tier 1 restrictions since Oct. 3, is the first region in the state to be moved […]

todayOctober 22, 2020 10

Business & Lifestyle

After nearly seven months, Quibi to cease operations

LOS ANGELES -- Quibi, a short-form entertainment content streaming service, announced Wednesday that they will be shutting down some seven months after its public launch. A Wall Street Journal report states that amid mounting problems, the service has opted to shut itself down. Thus ends a year full of high-flying expectations for the entertainment start-up that raised $1.75 billion in capital. Founders Jeffrey Katzenberg, a film producer, and former Hewlett Packard CEO Meg Whitman, issued a public statement that the […]

todayOctober 22, 2020 69

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