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Shots Fired! T-Mobile CEO Takes Wireless Wars To Twitter
Thursday, January 26, 2017 - 10:41am | 468T-Mobile US Inc (NASDAQ: TMUS)'s CEO John Legere and President Donald Trump have much in common: both have never shied away from using Twitter Inc (NYSE: TWTR) to send their message to the people, and yes — attack rivals and foes. Legere even acknowledged in an interview with Fortune...
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Verizon Deal Delay: What Does It Mean For Yahoo, Alibaba Investors?
Tuesday, January 24, 2017 - 3:49pm | 647With several deals hitting the roadblock before consummation, an announcement from Yahoo! Inc. (NASDAQ: YHOO) regarding a delay in the closure of an impending deal should worry investors to no end. Deal On, But To Be Delayed Yahoo said in its fourth-quarter earnings release that the M&A...
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Star Wars Vs. Harry Potter Vs. Marvel: An Intellectual Property Battle
Thursday, December 1, 2016 - 3:05pm | 709In a three-way battle, the science fiction of Star Wars is pitched against the magical wizardry of Harry Potter and the super heroes of Marvel Entertainment. Picking the "winner" is truly a tough proposition, as each in its own right has a mass appeal, huge fan following and tasted commercial...
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Sprint Stock Is Soaring; Possible Merger In The Works?
Wednesday, November 9, 2016 - 3:59pm | 453While the odds of the AT&T Inc. (NYSE: T)–Time Warner Inc (NYSE: TWX) merger are looking bleak due to the Trump victory, telecom company Sprint Corp (NYSE: S) is emerging as a big winner from Tuesday’s election. Sprint, Management And Mergers Sprint has provided a compelling...
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Reads For The Weed-Kend: Steve Jobs, Legalization And Changing Cities
Sunday, November 6, 2016 - 8:43pm | 682Tuesday, voters in California will decide if Proposition 64 for the legalization of recreational marijuana passes or not. So far, the campaign has managed to raise roughly $16 million — about 10 times what its opposition received — and cultivate the support of former Facebook Inc (...
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BlackBerry CEO Praises Company's Turnaround Days Before Q2 Earnings Release
Tuesday, September 27, 2016 - 11:43am | 328Ahead of earnings release Wednesday, BlackBerry Ltd (NASDAQ: BBRY) CEO John Chen heaped praise on the company for the turnaround process witnessed in the last few years. Chen believes the company has completed two-third of the turnaround process. However, he has been silent on the next course of...
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Here's What Will Happen To Starwood's Loyalty Points Post Marriott Merger
Friday, September 23, 2016 - 10:18am | 369Investors have had plenty of time to digest Marriott International Inc (NYSE: MAR)'s multi-billion dollar acquisition of Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT), which was officially closed on Friday. However, some customers of the two hotel chains may have been left in the dark as...
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Abercrombie & Fitch Is America's 'Most Hated Retailer' And Keeps Falling Amid Analyst Criticism
Wednesday, September 21, 2016 - 11:59am | 358When a company is already struggling to adapt its brand to a changing market environment, the last thing it needs it to be named at the top of a list of “most hated companies.” Unfortunately, Abercrombie & Fitch Co. (NYSE: ANF) gained the dubious distinction of Fortune’s most...
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Starbucks' New Tea Launch In Asia Marks The Most Aggressive Brand Expansion Since 2008
Monday, September 12, 2016 - 12:08pm | 409Starbucks Corporation (NASDAQ: SBUX) said on Monday it will begin heavily targeting the Asian market with a full line of tea flavors. Starbucks noted that the tea market is quite large at $125 billion, and tea is the second most consumed beverage in the world after plain water. The company will...
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One City's 'Sugar Tax' Looks Like It's Causing Consumption To Fizzle Out
Wednesday, August 24, 2016 - 3:32pm | 251Berkeley, a city in Northern California, saw consumption of sugary drinks drop by 21 percent in some of its low-income areas after a tax of one penny per ounce was levied on the beverages. Fortune, citing a report from the American Journal of Public Health, reported that Berkeley was the first...
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Have You Heard About This Generic EpiPen Maker?
Wednesday, August 24, 2016 - 9:01am | 376Mylan NV (NASDAQ: MYL) is the latest pharmaceutical company to come under government scrutiny. Mylan is the maker of a device that provides epinephrine in the event of anaphylaxis — also known as the EpiPen. According to Fortune, Mylan built the EpiPen from a "weakening enterprise" in 2007 to...
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Before Summer Ends, Score An Extra Crispy Tan With KFC's New Chicken-Scented Sunscreen
Tuesday, August 23, 2016 - 8:25am | 307Yum! Brands, Inc. (NYSE: YUM) expanded its business into the healthcare and wellness space — sort of. Filed in the "it can't really be true" category, someone in the marketing department at Yum Brands, parent company of Kentucky Fried Chicken, felt a good business venture is selling sunscreen...
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Didi Chuxing Confirms Acquisition Of Uber's China Unit
Monday, August 1, 2016 - 7:26am | 302Didi Chuxing, China's state operated taxi hailing service and rival to Uber, announced on Monday a move which effectively ends the rivalry between the two competing firms. The agreement was speculated by various media sources earlier in the day but Fortune's Erin Griffith tweeted what...
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Get A Look At 'Fortune Unfiltered'
Monday, July 25, 2016 - 3:33pm | 264Fortune.com editor Aaron Task launched a new podcast today titled “Fortune Unfiltered,” which will focus on the “journey of business figures from visionaries to leaders,” according to a description provided by Fortune. The show launches with three inaugural episodes. The...
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Amazon's Follows Up Prime Day With A New Promotion: Discount Student Loans
Friday, July 22, 2016 - 10:05am | 336Amazon.com, Inc. (NASDAQ: AMZN)'s Prime Day event was a smashing hit, and the e-commerce giant followed up with a new promotion — discounted student loans for Student Prime members. Wells Fargo & Co (NYSE: WFC) announced on Thursday that its Education Financial Services segment will team...