Photo: Getty Over the last couple of weeks, there’s been a disturbing trend of governments demanding that private tech companies share their source code if they want to do business. Now, the US government is giving the same ultimatum and it’s getting what it wants. On Sunday, the CEO of security firm Kaspersky Labs, Eugene […]
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Long-term investors in Rite Aid (RAD) have every right to be cynical that management can turn around the company and its shares after a decade of highs and lows, turnarounds and fumbles and acquisitions and divestitures. After losing more than $4 billion between 1999 and 2003 and doubling its share count, the company appeared to […]
There are mounting concerns President Donald Trump’s tweeting is hijacking his agenda and distracting from the administration’s focus on its economic growth plan. But ‘In Trump We Trust’ author Ann Coulter disagreed, telling the FOX Business Network’s Stuart Varney, “I’ve heard that argument, I love the tweets and yesterday’s tweet was fantastic.” Continue Reading Below […]
Drugstore chain Walgreens Boots Alliance Inc (WBA.O) scrapped its deal to buy Rite Aid Corp (RAD.N) after failing to win antitrust approval, but said it would instead buy nearly half of the smaller rival’s U.S. stores for $5.18 billion. Rite Aid’s shares plunged about 28 percent to $2.85, while Walgreens shares were up 1 percent […]
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Post Contributor Badge This commenter is a Washington Post contributor. Post contributors aren’t staff, but may write articles or columns. In some cases, contributors are sources or experts quoted in a story. More about badges | Request a badge Trump attacks Washington Post, Amazon over ‘internet taxes’ – Washington Post
Blue Apron Holdings Inc (APRN.N) sharply lowered the expected price range for its initial public offering on Wednesday, as Amazon.com’s (AMZN.O) $13.7 billion deal to buy Whole Foods Market Inc (WFM.O) weighed on prospects for the meal-kit industry. The company lowered the IPO price range to $10 to $11 per share from its previous estimate […]
BRUSSELS/FRANKFURT Beyond a headline-grabbing 2.4 billion euro ($2.7 billion) fine EU antitrust regulators have leveled against Google, the internet giant is likely to be shackled for years by Tuesday’s precedent-setting decision defining the company as a monopoly. The ruling opens the door for further regulatory actions against more crucial parts of Google’s business – mobile […]
