Verizon is buying out Yahoo!

Flash Player 9 or higher is required to view the chartClick here to download Flash Player nowView the full chart at WikinvestWe have previously noted the rise of Marissa Mayer to become CEO of Yahoo!, as well as noting that Yahoo! was about to have it’s last hurrah. From The Wall Street Journal: What is …

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Economics 101: In business, only the bottom line matters

From Investor’s Business Daily: Wendy’s Serves Up Big Kiosk Expansion As Wage Hikes Hit Fast Food By Jed Graham | May 11, 2016 Wendy’s (WEN) said that self-service ordering kiosks will be made available across its 6,000-plus restaurants in the second half of the year as minimum wage hikes and a tight labor market push …

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The glass cliff?

I have noted the crappy journalism of Gannett, specifically USAToday, previously, and here’s another example: Yahoo’s Marissa Mayer gets $55M to leave Matt Krantz, USA TODAY 3:24 p.m. EDT May 1, 2016 Yahoo (YHOO) just disclosed the size of its executive pay packages and Marissa Mayer stands to make millions coming or going. The CEO of …

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Karma is such a bitch!

From The Wall Street Journal: Soaring Tobacco Stocks Prompt Calpers to Reconsider Investment Strategy California Public Employees’ Retirement System may have missed out on up to $3 billion by not investing in tobacco shares By Saabira Chaudhuri | Updated April 29, 2016 4:32 a.m. ET Calpers picked the wrong decade to stop investing in tobacco …

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Dead newspaper walking: The Los Angeles Times and the potential buyout by Gannett

From The Wall Street Journal: Gannett Offers to Buy Tribune Publishing Deal, valued at $815 million with debt, would combine owners of USA Today, L.A. Times By Lukas I. Alpert and Joshua Jamerson | Updated April 25, 2016 2:00 p.m. ET Gannett Co. on Monday went public with its proposal to acquire Tribune Publishing Co. …

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Economics 101: Health insurance companies do not exist to provide health insurance Health insurance companies exist to make money; providing insurance is simply how they do that

From The Wall Street Journal: UnitedHealth Tops Expectations, to Leave Some Affordable Care Act Markets U.S. health insurer will pare its presence from 34 states this year to “only a handful” in 2017 By Anna Wilde Mathews | Updated April 19, 2016 11:48 a.m. ET UnitedHealth Group Inc. said it would remain in only a …

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