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Dow Tumbles as Investors Flee Tech

9th - Higher Ed
U.S. stocks deepened a sell-off Wednesday with the Dow falling more than 400 points in morning trading. The S&P was off 1.5 percent and the Nasdaq had lost 2.5 percent, as investors fled tech stocks amid broader worries over inflation...
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Michael Kors Close to Deal for Versace

9th - Higher Ed
Michael Kors is reportedly nearing a deal to buy Versace in a deal that would value the storied Italian fashion house at around $2 billion. Blackstone would sell its 20 percent stake as part of the deal, according to the Wall Street...
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Charity Turns 9/11 Anniversary Into Day of Service, Not Sadness

9th - Higher Ed
Jay Winuk started the 9/11 Day charity to honor his brother, who died in the terror attacks 17 years ago, and to make the anniversary about service and civic engagement, instead of just solemn remembrance. This year, volunteers are...
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Market Sell-Off Accelerates After Trump Backs More Tariffs

9th - Higher Ed
President Trump indicated on Thursday that he will support tariffs on an additional $200 billion worth of Chinese goods as early as next week. Major U.S. markets, which had already been down earlier in the day, turned sharply lower after...
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Latest Investment Products Use A.I. to Analyze Market Trends

9th - Higher Ed
AIEQ is the first ETF to apply artificial intelligence throughout the investment process, using social media and news trends in additional to taking information from the stock market. Art Amador of Equbot explains how A.I. can help...
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Need 2 Know: Tuesday News Roundup

9th - Higher Ed
These are the headlines you Need 2 Know.
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Turkey's financial crisis hits new low

9th - Higher Ed
Turkey’s financial crisis has hit a new low, after its currency, the lira, sunk to its lowest value ever. President Recep Tayyip Erdogan is blaming it on the U.S., stoking fears that Turkey may look to form new ties with Russia.
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Saudi Arabia's importance to Canada | Reality Check

9th - Higher Ed
The National does a reality check on the impact a hostile relationship with the kingdom could have on Canadians.
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Poshmark Wants to Personalize Online Shopping

9th - Higher Ed
In June, the retail app announced that one of its sellers hit $1 million in profits, a company first. CEO Manish Chandra tells Cheddar that personalizing the vast world of online shopping is his company's key to success.
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Poshmark Launches New, Immersive Shopping Experience

9th - Higher Ed
Posh Markets allows users to choose from six different categories: women's, men's, kids', boutiques, plus-size and luxury. Last month the retail app announced another milestone: a vendor had brought in $1 million in sales, a company...
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Facebook Not Irreparably Damaged by Stock Dive, Says Analyst

9th - Higher Ed
Shares of Facebook plunged Thursday after its latest earnings report. But Jefferies analyst Brent Thill tells Cheddar the company won't suffer in the long term, particularly because Europe's new data rules are "great hygiene" to work out...
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ClassPass CEO on the Company's Future and New $85 Million Funding

9th - Higher Ed
The fitness platform ClassPass raised $85 million in new funding, bringing its total amount raised to $255 million. ClassPass CEO Fritz Lanman breaks down his expansion plans and why Classpass wants to be your one-stop shop for both...
News Clip1:54
Curated Video

ClassPass CEO on the Company's New $85 Million Funding

9th - Higher Ed
Fitness platform ClassPass raised $85 million in new funding, bringing its total amount raised to $255 million. CEO Fritz Lanman breaks down his expansion plans and why Classpass wants to be your one-stop shop for both fitness and wellness.
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New Tim Hortons boss: We can tailor ourselves for China

9th - Higher Ed
Duncan Fulton's appointment comes as Tim Hortons faces scrutiny under its new ownership for a deteriorating relationship with Canadians. Fulton, who used to work with other iconic Canadian brands Canadian Tire and SportChek, believes...
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Now You Can Get IHOP Pancakes Delivered To Your Door

9th - Higher Ed
A big priority for the company while moving into delivery was to retain quality. "We spent a year engineering proprietary packaging specifically designed just to protect the pancakes themselves, to make sure that they would transport...
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Netflix Needs 'To Do Something Bold And Different'

9th - Higher Ed
Shares of the streaming giant fell a day after the company announced it missed estimates for user growth and revenue in the second quarter. "I think Netflix is approaching a ceiling of subscriber growth, especially here in the U.S.,"...
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U.S. Cheese Producers Caught In Crossfire Of Trade War

9th - Higher Ed
American cheese producers that rely heavily on exports are already feeling the impact of tariffs on their products, forcing them to reconsider their strategy completely, says Heather Hadden, a reporter for the Wall Street Journal.
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White House to Ease Restrictions on Chinese Investment in U.S. Tech

9th - Higher Ed
The administration announced Wednesday that it will not prevent companies with 25% Chinese ownership or more from investing in U.S. tech companies. Treasury Secretary Steven Mnuchin said it would be “unfortunate” if Wall Street...
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How business clusters are boosting Spain's cleantech startup industry

9th - Higher Ed
Business Planet travels to Valencia, Spain, to see how cleantech startups are getting access to the market through clusters. One of these clusters, AVAESEN, is managed by Bianca Dragomir who was named European cluster manager of the...
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Trade War Between U.S. and China Escalates As Trump Threatens More Tariffs

9th - Higher Ed
Markets opened sharply lower on Tuesday after President Trump directed his administration to identify an additional $200 billion worth of Chinese goods that could be hit with taxes, upping the ante in the U.S.-China trade war. Trump's...
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Escalating Trade War Sends Stocks Reeling

9th - Higher Ed
Markets opened sharply lower on Tuesday after President Trump directed his administration to identify an additional $200 billion worth of Chinese goods that could be hit with taxes, upping the ante in the U.S.-China trade war. Trump's...
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Apple Expands Pay Feature to Earn More

9th - Higher Ed
Apple is doubling down on its Pay function, expanding it to a wider range of transactions and turning it into a bigger revenue stream for the company.
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Dealing with a populist government in Italy

9th - Higher Ed
Italian government bonds were under pressure on Friday, with investors eyeing the fraught political situation in Rome and looming tensions with the European Union. After criticizing Italy for being EU-sceptic, Brussels has changed...
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Markets Eye the North Korea Summit

9th - Higher Ed
Art Hogan, Chief Market Strategist for B. Riley FBR and Wunderlich Securities, discusses how he thinks the global markets are going to react to the meeting between President Trump and North Korean leader Kim Jong-un following the G7...