Category Archives: BUSINESS

Laura Ingraham Takes a Week Off as Advertisers Drop Her Show

Supported by Media Laura Ingraham Takes a Week Off as Advertisers Drop Her Show Photo The Fox News host Laura Ingraham on Wednesday shared an article about David Hogg, a Parkland, Fla., shooting survivor, being rejected from several colleges and accused him of whining about it. Credit Chip Somodevilla/Getty Images The Fox News host Laura Ingraham announced on Friday that she was taking a week off following the decision of several companies to pull advertising from her show after she ridiculed a student survivor of the Parkland, Fla., school shooting.
“I’ll be off next week for Easter break with my kids. But fear not, we’ve got a great lineup of guest hosts to fill in for me,” Ms. Ingraham said on her show, “The Ingraham Angle.”
In response to an email, Fox News said that Ms. Ingraham’s break was a “preplanned vacation with her kids.”
The dispute began on Wednesday, when Ms. Ingraham shared an article about how the student, David Hogg, 17, had been rejected from several colleges, a..

After Driving Streaming Music’s Rise, Spotify Aims to Cash In

Supported by Media After Driving Streaming Music’s Rise, Spotify Aims to Cash In Photo Daniel Ek, a co-founder and the chief executive of Spotify, at an investor presentation in March. The Swedish company’s shares will begin trading on the New York Stock Exchange on Tuesday. Credit Ilya S. Savenok/Getty Images for Spotify Back in Spotify’s early days, when the company was just a dozen people in a small office in Stockholm, Daniel Ek, a co-founder, liked to compare it to Apple and Google.
It was 2008, and the traditional music industry was collapsing. Yet as Spotify introduced its streaming service in a handful of European countries, it clung to what must have seemed an impossible ambition: challenging the titans of Silicon Valley to become the world’s leading outlet for online music, with a hybrid free-and-paid model that made record companies nervous.
After a decade, the start-up from Sweden has proved itself a worthy adversary, with 157 million users around the world, 71 million..

Bobbi Brown Is Ready to Slay the Wellness Industry. Nicely.

Bobbi Brown Is Ready to Slay the Wellness Industry. Nicely. When you’ve done the makeup of basically everyone in the world except the queen of England, what else could be next?
MONTCLAIR, N.J. — On a strangely warm morning in late winter, the cosmetics tycoon Bobbi Brown was in her new headquarters here: a former auto body shop left with pipes exposed and concrete floor unfinished. On a bookshelf was a case that used to belong to Frank Sinatra’s makeup man; a sign reading, “I’m Not Bossy, I’m the Boss”; and a photo of Ms. Brown dancing onstage with the rap star Flo Rida, “with my 14-year-old son watching in amazement or horror,” she said. “Please don’t find it on YouTube.”
Against one wall was an inspiration board with pictures of the many, many fashion models whose faces Ms. Brown has daubed. “I’m a crazy visual person — words are hard for me,” she said. “I can’t make a business plan, but I could visually explain what I want to do, which is good if you can read my brain and in order ..

Tiger Woods Is Back. Will Sponsors Buy In?

Supported by Business Day Tiger Woods Is Back. Will Sponsors Buy In? In the past few weeks, Tiger Woods has made a seemingly improbable comeback on the golf course. But can his image rebound the same way off it?
That is the question that brands and advertisers are posing as Mr. Woods returns to the Masters on Thursday for the first time since 2015, while playing his best golf in years. The past month has brought swelling television ratings and overcrowded, rowdy galleries for Mr. Woods’s PGA Tour appearances. When he finished in a second-place tie at the Valspar Championship in early March — at one point sinking a 44-foot birdie putt that had the crowd screaming — the television ratings for the final round were the highest for a non-major tournament since 2013. For a time, the streaming service of PGA Tour Live crashed because of “unprecedented traffic.”
All this is evoking memories of the unprecedented fan interest that made Mr. Woods one of the most recognized — and influential ..

Tesla Says Crashed Vehicle Had Been on Autopilot Before Fatal Accident

Supported by Business Day Tesla Says Crashed Vehicle Had Been on Autopilot Before Fatal Accident Photo A fiery crash killed a Tesla driver last week in California. Tesla said its Autopilot feature had been turned on before the crash. Credit KTVU, via Associated Press Tesla said on Friday that its semiautonomous Autopilot feature had been turned on before a fiery crash of a Model X sport-utility vehicle that killed the driver last week in California, raising more questions about the safety of the company’s self-driving technology.
This is the second fatal crash in which the Autopilot system had been engaged, including a 2016 crash in Florida that killed a Tesla driver. The National Highway Traffic Safety Administration concluded that the Florida crash did not result from a flaw in the system, but the agency found that the system lacked safeguards to prevent its misuse.
Federal investigators are looking into the crash in California, which occurred March 23.
The company said in a sta..

Student Protesters Take Over Howard University Administration Building

Supported by U.S. Student Protesters Take Over Howard University Administration Building Photo HU Resist, a student group, has called for the resignation of Howard University’s president and the executive committee of the board of trustees. Credit Emily Baumgaertner/The New York Times Hundreds of Howard University students occupied the main administration building for a second day on Friday, crippling operations amid a protest fueled by revelations about the misappropriation of financial aid money.
“We’ll be here as long as it takes to get our demands met,” Juan Demëtrixx, a Howard University student, said on Friday at a morning news conference held by HU Resist, the student group that organized the protest at the historically black university in Washington. “We’ve taken over every floor.”
Members of HU Resist, disgruntled by what they called “administrative negligence,” had already been planning an event to bolster a list of nine demands that they issued on Sunday.
In the words ..

Walmart in Talks to Strengthen Ties to Health Insurer Humana

Supported by Business Day Walmart in Talks to Strengthen Ties to Health Insurer Humana Photo Walmart operates pharmacies in many of its 4,700 stores in the United States. Credit Zvi Lowenthal/The New York Times Walmart, the giant retailer, is constantly looking for ways to expand its business. Humana, the health insurer, is watching the consolidation taking place in its industry and looking for a partner.
Now the two companies are exploring ways to strengthen their ties, people briefed on the matter said Friday, the latest sign of the disruptive pressure that is forcing new alliances in the health and retail industries.
Walmart is unlikely to end up taking over Humana, these people said, but the deal could result in a financial and operating partnership around prescription drug sales or insurance coverage.
While much of the focus in retail is geared toward millennials, Walmart’s discussions with Humana involve another large and lucrative market — the health care needs of Americans..