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Yelp Doubles Down on Home Services as Restaurant Advertising Cools
The review site is planning to spend $40 million this year to grow its business with local-services companies such as plumbers, electricians and movers.
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Canada Orders Binding Arbitration to Resolve WestJet Labor Dispute
Canada’s Labor Minister ordered WestJet Airlines and the union representing the carrier’s maintenance engineers enter into binding arbitration on a new labor agreement, averting strike action during a holiday long-weekend in the country.
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Walgreens Plans Major U.S. Store Closures; Shares Tumble
Shares of the pharmacy chain plummeted 25% after The Wall Street Journal reported the CEO’s plans and the company lowered its guidance for the full year.
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How Nike Missed the Boom in Running Culture
Runners say the sneaker giant has stepped back from the community, opening the door for Hoka, New Balance and others.
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Nokia to Buy Infinera for $2.3 Billion to Boost Optical-Networks Arm
The deal, which is valued at $6.65 a share, is a 28% premium from Infinera’s stock price at the close of trading on Wednesday.
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Nvidia CEO Jensen Huang addresses rising competition at shareholder meeting after stock surge
Since last year’s meeting, Nvidia has been on a historic run.
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Micron shares slide after revenue forecast fails to top estimates
Micron reported better-than-expected results on Wednesday, but the stock declined on a forecast that was only in line with estimates.
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Manure dumping farmers and far right extremists made Western Europe less liveable last year
Western Europe experienced the biggest decline in liveability last year, but American cities still can’t breach the top 10.