Business

Man sues former boss after being fired for pocket-dial conversation

James Stephens filed a lawsuit against his former boss Mike Coan, claiming he was fired after Mr. Coan overheard a pocket-dialed conversation between Mr. Stephens and his wife, according to The Atlanta Journal Constitution. By Leo Vartorella - 4/6/18
2018 Q1 job cuts up 44% from 2017

U.S. companies announced 140,379 job cuts in the first quarter of 2018, a 44 percent increase from the same time period in 2017, according to CNBC. By Leo Vartorella - 4/5/18
Chinese tariffs could raise price of prescriptions in US: 3 things to know

President Donald Trump's decision to increase tariffs for select Chinese imports by 25 percent may lead to higher prescription drug prices in the U.S., according to The Hill. By Leo Vartorella - 4/5/18

5 takeaways from JPMorgan CEO's annual shareholder letter

JPMorgan Chase & Co. CEO Jamie Dimon outlined several outlooks for his company and the U.S. and global economies in his April 5 annual letter to shareholders. By Morgan Haefner - 4/5/18
Karen Hoguet, Macy's CFO for 20+ years, to step down

Macy's CFO Karen Hoguet will retire within the next year after holding her position since 1997, according to The Wall Street Journal. By Leo Vartorella - 4/5/18
Facebook ups Cambridge Analytica breach count to 87M

Facebook initially estimated information from about 50 million users was improperly collected by political research firm Cambridge Analytica, but company officials upped the count April 4 to 87 million, according to The New York Times. By Leo Vartorella - 4/5/18
AI with an ROI — why natural language processing makes sense for healthcare

Amid dwindling reimbursements and growing financial pressures, hospital and health system leaders looking to improve care and workflows with innovative IT solutions should make sure their organization is getting the most out of its investment. By Optum - 4/4/18

The future of the connected clinician

As we all saw this past holiday season, smart speakers large and small were all the rage. Personal assistant products like the Amazon Echo and Google Home were flying off the shelves. In fact, Amazon reported that the product they sold most was the Echo Dot. By TigerConnect - 4/4/18
Amazon's ad business could hit $20B threshold in 2020

Amazon could see its advertising business grow to about $20 billion in 2020, a Cenkos Securities analyst told CNBC. By Morgan Haefner - 4/4/18
Trump: "We are not in a trade war with China, that war was lost many years ago"

Though President Donald Trump's increased tariffs on Chinese imports have led many critics to say a trade war is imminent, President Trump disagrees. By Leo Vartorella - 4/4/18
Zuckerberg to testify before Congress April 11

Facebook founder and CEO Mark Zuckerberg is set to testify before the House Energy and Commerce Committee April 11 regarding the Cambridge Analytica scandal, according to CNBC. By Leo Vartorella - 4/4/18

China extends 25% tariff increases to 106 US products including soybeans, cars and whisky

China will extend its recently imposed tariffs on American products to 106 new imports, according to CNBC. By Leo Vartorella - 4/4/18
Amazon, Google seek patents to expand voice monitoring capabilities: 5 takeaways

Amazon and Google have applied for patents as they explore monitoring capabilities for their devices, The New York Times reports. By Morgan Haefner - 4/4/18
Tesla increases manufacturing output by 400% in first production quarter of 2018

Tesla built 34,494 vehicles in the first production quarter of 2018, which is four times more than it produced one quarter prior, according to CNBC. By Leo Vartorella - 4/3/18
Fully virtual offices up 650% in 2017

In 2014 there were 26 U.S. companies operating 100 percent virtually, and by 2017 that number grew to 170 — representing a 650 percent spike in popularity — according to CNBC. By Leo Vartorella - 4/3/18
Spotify is breaking the mold for their IPO: 4 things to know

Rather than employing a standard initial public offering, Spotify is debuting as public company April 3 through a direct listing process, according to Fortune. By Leo Vartorella - 4/3/18
Tesla shares sink after Elon Musk jokes about bankruptcy

Tesla shares dropped more than 7 percent to $248 per share April 2 after CEO Elon Musk joked about the company going bankrupt in an April Fools' tweet, according to The Wall Street Journal. By Ayla Ellison - 4/3/18
Jeff Bezos' net worth drops by $16B

Amazon founder and CEO Jeff Bezos is one of the richest men in the world, and his net worth is based largely on the price of Amazon stock. By Ayla Ellison - 4/3/18
Zuckerberg fires back at Apple CEO Tim Cook's criticism: It was 'extremely glib'

Facebook CEO Mark Zuckerberg criticized Apple CEO Tim Cook's recent comments that he "wouldn't be" in a situation similar to the one Mr. Zuckerberg has faced in recent weeks, according to CNBC. By Leo Vartorella - 4/2/18
China increases tariffs 25% on select US imports: 3 things to know

In response to increased U.S. tariffs on Chinese imports, China raised tariffs up to 25 percent on 128 American imports, escalating a potential trade war between the nations, according to Reuters. By Leo Vartorella - 4/2/18

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