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Observer report - It’s been a memorable year in social media. 2015 saw the birth of live social streaming, with apps like Periscope and Meerkat winning over early adopters. Snapchat fully shed its reputation as a niche network and now counts more than 200 million active users. Meanwhile, video...
Will Warren Buffett's Investment Advice Work for You?
In his most recent Berkshire Hathaway shareholder letter, the ever-folksy Warren Buffett sounds more like a personal finance guru than a financial mastermind, focusing on buy-and-hold investing and advocating indexing strategies. Buffett's net worth is about $60 billion, according to Forbes magazine, so he is obviously doing something right. But how sound...
Starbucks is suspending its use of personal reusable cups.The coffee chain says it will continue to honor the discount if you bring in a reusable cup, but it will serve those customers their drinks in disposable cups for now.This is part of the coffee giant’s response to the spreading...
Microsoft on Wednesday gave another solid quarterly report card to Wall Street, as it plows ahead in selling its cloud computing services to big businesses and the government.The company reported fiscal second-quarter profit of $11.6 billion, up 36% from the same period last year.Net income of $1.51 per share...
Chipotle Mexican Grill said on Friday founder Steve Ells has stepped down from the board, handing over the role of executive chairman to chief executive officer Brian Niccol.Since founding Chipotle in 1993, Ells has held or shared the CEO role until two years ago. He stepped down from the top...
(Photo: Matthew Panzarino)
According to several sources, Apple has already begun flexing its supply chain muscles by shipping so many units of upcoming devices from its manufacturing facilities to sales outlets that it is causing delays for other manufacturers. Apple shipments via major concerns like FedEx and UPS are said to be ‘incredibly...
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Former American Express CEO Kenneth I. Chenault announced Friday that he was “stepping down” from the board of Facebook Inc. On the same day, Warren Buffett’s Berkshire Hathaway disclosed the nomination of the world-renowned corporate leader to its board, making him the first African American ever to serve as...
GOD TV co-founder Rory Alec has announced he is stepping down from leadership of the network after a "moral failure" in relation to his marriage. He relinquishes his roles as chairman and chief executive with immediate effect, the network said in a statement on Thursday. Mr Alec co-founded the network...
When most people hear about stewardship, workplace chaplains and employee satisfaction surveys are rarely what spring to mind. But for a cadre of business owners integrating faith within their businesses for a Business as a Ministry (BaaM) operating system, that only scratches the surface of their stewardship.A steward is...
Over the years many of the world’s best-known investors have offered nuggets of wisdom in a bid to try and help individuals become smarter investors. We look at some of their quotes and what we can learn from them. The playwright and poet Oscar Wilde once quipped: “When I was...
In the midst of the coronavirus pandemic, many business owners are fearing for their future. These worries are especially pronounced in the state’s black neighborhoods. A survey conducted by the Black Economic Council of Massachusetts (BECMA) found that 90% of respondents are currently experiencing a somewhat to severe negative...
Stocks moved broadly higher on Wall Street in afternoon trading Tuesday, reversing most of the indexes’ losses from a sell-off the day before.The gains placed the market on track to snap a two-day skid fueled by fears that the spread of a new virus in China could hamper global...
A Pennsylvania wedding venue will not have to refund a deposit to a straight couple wedding party that disagrees with the owner's stance on same-sex weddings. A lawsuit over a security deposit placed at the Inne was dismissed because the judge agreed that the suit was "improperly filed," according to...
The fear of flying caused by the coronavirus outbreak is reminiscent of 9/11, Southwest Airlines CEO Gary Kelly told CNBC on Thursday.“9/11 wasn’t an economically driven issue for travel. It was more fear, quite frankly, and I think that that’s really what’s manifested this time,” Kelly said on “The Exchange.”He said...
Presiding Bishop of the Living Faith Church and one of Africas top Christian owned Universities Bishop David Oyedepo,(Ph.D.) obviously elated with joy yesterday declared the successful completion and launch of three Hybrid Automobiles,a project produced by students within the Covenant University Campus,Otta Ogun State. The Automobiles which will be serving...
Twitter is asking its entire workforce of 5,000 people to work from home, part of its effort to keep employees safe and prevent the spread of the coronavirus. The company said working from home was mandatory for its workers in Hong Kong, Japan and South Korea, where there are higher...
From shoes and T-shirts to dolls and tote bags, more companies and brands are getting into the business of Black History Month but trying not to leave the impression that African American consumers are important just once a year.Some businesses are using February to show off the diversity of...
Stocks fell sharply in volatile trading Thursday as investors worried the coronavirus may be spreading in the U.S. A slew of corporate and analyst warnings on the virus dragged down the major averages, tipping them into correction territory.The Dow Jones Industrial Average plummeted 1,190.95 points, or 4.4%, to close at 25,766.64....
RBS and Lloyds to relocate from Scotland in event of 'Yes' vote
Heraldscotland reports - Royal Bank of Scotland and Lloyds Banking Group, which owns the Bank of Scotland, is to move its headquarters from Edinburgh to London in the event of a Yes vote in the independence referendum. Lloyds, which also owns Halifax and Scottish Widows, has along with the Royal Bank...
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