Seattle Business magazine wants to focus on impact stories

Rob Smith, the new editor of Seattle Business magazine, spoke with Communique PR, about what he looks for in terms of stories for the publication. Here is an excerpt: 1) What is your vision for Seattle Business magazine? While I want to honor the stronghold Seattle Business Magazine has in the community, I am also […]

Coverage: Amazon drops plans for New York hub

Amazon.com Inc. abruptly scrapped plans to build a major outpost in New York that could have created 25,000 jobs, blaming opposition from local leaders upset by the nearly $3 billion in incentives promised by state and city politicians. Jonathan Allen and David Shepardson of Reuters had the news: The company said on Thursday it did not see consistently […]

Talking Biz News Today — Feb. 15, 2019

Some of Friday’s top business news stories: Associated Press Trump Org scraps plans for two hotel chains, blaming politics, by Bernard Condon Average tax refunds fall, creating political flashpoint, by Marcy Gordon Bloomberg Warren Buffett doubles down on big banks as Berkshire trims Apple stake, by Katherine Chiglinsky and Ben Foldy These are the signs a U.S. recession may be […]

Coverage: Cisco shares rise after earnings beat

Cisco Systems shares rose in extended trading on Wednesday after the manufacturer of networking equipment reported quarterly revenue and earnings that beat analysts’ estimates. Jordan Novet of CNBC.com had the news: Here are the key numbers for Cisco’s fiscal second quarter: Earnings: 73 cents per share, excluding certain items, vs. 72 cents per share as expected by analysts, […]

Talking Biz News Today — Feb. 14, 2019

Some of Thursday’s top business news stories: Associated Press Ex-Apple lawyer accused of profiting from confidential info, by Michael Liedtke Google to invest $13 billion in new offices, data centers, by Rachel Lerman Bloomberg Goldman considered buying a boutique firm in mid-market push, by Sridhar Natarajan and Kiel Porter Facebook’s future is private groups, for better or worse, by Selina Wang […]

Coverage: Publishers chafe at cut from Apple’s new service

Apple’s upcoming Spotify-style magazine subscription service, an offering with all-you-can eat access to dozens of publishers, will only pay the media partners 50 percent of the revenue. Garett Sloane of Ad Age had the news: Apple plans to take half of the proceeds from $10 monthly subscriptions to the magazine service, leaving publishers to split the […]

Talking Biz News Today — Feb. 13, 2019

Some of Wednesday’s top business news stories: Associated Press NY Fed: Auto loan delinquencies at highest point since 2010, by Tom Krisher A political “bomb” over drug prices could threaten NAFTA 2.0, by Paul Wiseman Bloomberg Before Bezos fight, Enquirer parent AMI faced steep losses, by Shahien Nasiripour What it’s like to work inside Apple’s “Black Site,” by Joshua […]

Coverage: Reddit gets investment that values company at $3 billion

Reddit Inc., the discussion forum known for its “ask me anything” online town halls with celebrities and politicians, was valued at $3 billion after a new financing round that brought in Chinese internet giant Tencent HoldingsLtd. as an investor. Yoree Koh and Shan Li of The Wall Street Journal had the story: Reddit raised $300 million in the latest fundraising […]

Talking Biz News Today — Feb. 12, 2019

Some of Tuesday’s top business news stories: Associated Press What the FDA’s actions mean for dietary supplements, by Candice Choi US stock indexes end mixed ahead of US-China trade talks, by Damian J. Troise and Alex Veiga Bloomberg National Enquirer publisher denies having ties to Saudi Arabia, by Gerry Smith The incredible shrinking Singapore stock market, by Livia Yap and Tom Redmond Fortune […]

Coverage: What’s next for Sears under Lampert?

Former Sears CEO and hedge fund billionaire Eddie Lampert got his wish as a bankruptcy judge approved his $5.2 billion plan to save 425 stores and 45,000 jobs, keeping the iconic retailer alive, but many are still questioning if that will actually happen. Jade Scipioni of FoxBusiness.com had the story: Ray Wimer, assistant professor of retailer practice at Syracuse […]