Six Flags earnings take giant drop

Six Flags CEO: Have to innovate regularly Six Flags CEO Jim Reid-Anderson discusses the company’s membership program and the need for continuous innovation. Six Flags Entertainment Corp. posted a fourth-quarter loss as attendance at its amusement parks dwindled. Continue Reading Below The Grand Prairie, Texas-based amusement park operator lost $11.2 million, or 13 cents a […]

Amazon announces new Virginia warehouse

Is Amazon legally responsible for goods it sells from third parties? Fox News senior judicial analyst Judge Andrew Napolitano discusses whether or not Amazon can be held liable for damages sold on its site. RICHMOND, Va. (AP) — Retail giant Amazon is planning to open a new warehouse and delivery center in Virginia. Continue Reading […]

ViacomCBS revenue falls 3% in first quarterly report since merger

Disney has the ‘best chance’ of winning streaming wars: Media analyst Porter Bibb Mediatech Capital Partners managing partner Porter Bibb weighs in on the streaming wars and says Netflix will need to find a buyer soon because they are not making a profit. (Reuters) – ViacomCBS Inc posted a 3% drop in revenue on Thursday as […]

Norwegian Cruise Line warns coronavirus having 'adverse impact'

$1.1 billion Norwegian cruise in New York City port, 10 more on order: Norwegian CEO Norwegian Cruise Line Holdings CEO Frank Del Rio discusses the largest ship in his company’s fleet now in port in New York City and the range of amenities and luxuries on board. Norwegian Cruise Line Holdings reported better-than-expected fourth-quarter results […]

Startup backed by Aconex founders looks to make a splash in paint market

Frustrated that paint companies were not using their technology to push online sales, the founders of colour recognition startup Palette decided to launch a direct-to-consumer paint company themselves. "We realised our technology around colour was enabling online paint buying," co-founder Djordje 'DJ' Dikic said. "I went to all our suppliers and pitched them about enabling […]

Restaurant workers smoking: a bad look?

I’ve just returned from a six-week trip to Athens where the winter weather was breathtaking, the nightlife exhilarating … and the indoor smoking ban resented and outmanoeuvred. Nowhere was this more evident than among the hundreds of restaurants where it wasn’t patrons who were seen navigating the restrictions but waitstaff. It was not unusual to […]

In America’s Richest Town, $500k a Year Is Now Below Average

In this article You could easily drive through this leafy Silicon Valley suburb without realizing you were in America’s richest neighborhood. From the road, it’s all high brick walls and opaque gates. It takes Google Maps to get a glimpse of what lies behind. Satellite images of Atherton, California –- where the average household income […]

Trump administration wants biofuels to be 30% of transportation fuels by 2050

Trump explains how admin is helping Iowa’s ethanol industry President Trump discusses trade deals and Iowa’s ethanol industry while speaking at a ‘Keep America Great’ rally in Des Moines, Iowa. WASHINGTON (Reuters) – The U.S. Department of Agriculture on Thursday announced a goal for biofuels to make up 30% of U.S. transportation fuels by 2050, a move […]

China’s Credit Surged in January Before Virus Froze Economy

Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. China’s overall credit growth surged in January, before the extended Lunar New Year holiday due to the coronavirus outbreak curtailed economic activity across much of the country. Aggregate financing increased 5.07 trillion yuan ($723 billion) last […]

Victoria's Secret to be taken private by Sycamore Partners

Victoria’s Secret CEO might step aside: Report L Brands’ Les Wexner might step aside and spin off units, FOX Business’ Charlie Gasparino reports. L Brands is close to a deal that will give a private-equity firm control of the Victoria's Secret brand. Continue Reading Below The transaction would give the lingerie brand a valuation of […]