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business news

209 Results / Page 13 of 24

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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

Business & Lifestyle

Illinois outpaces nation in manufacturing job losses

SPRINGFIELD (The Center Square) – A new look at Illinois’ manufacturing industry over the last decade shows that, since 1999, the state has shed one out of every three jobs. That’s far more severe than the national number of one in 4. The report, conducted by Smartest Dollar, looked at Census data on manufacturing sector employment since the turn of the century. It found that the nation’s manufacturing jobs had decreased not only because of outsourcing to countries with lower labor […]

todayNovember 29, 2020

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Business & Lifestyle

Smart strategies to grow your brand’s visibility

Your sole focus as a business is to generate as much income as possible. There are two ways to do it; you can market to your current consumers to buy more or continuously grow your client base. Visionary business owners will focus on the latter, but a smart entrepreneur will want to keep their current customers returning as they poach new ones. You can only achieve this if you have an iconic brand that shouts "You need me!" everywhere. Here […]

todayNovember 20, 2020

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

Business & Lifestyle

AEW working on console game, mobile games with former WWE 2K series developer

JACKSONVILLE, Fla. -- Just weeks after All Elite Wrestling (AEW) marked the first year anniversary of its weekly flagship episodic wrestling show Dynamite, the wrestling promotion is marking another milestone. In a press conference held Tuesday evening online, the promotion would launch its gaming division, AEW Games, with some projects in the works. AEW co-executive vice president Kenny Omega would kick off the presentation with the announcement of their console game. The title of the project is not currently known, […]

todayNovember 10, 2020

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

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

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

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

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