Trump threatens more reporters’ credentials as he slams ‘stupid’ questioning

President Donald Trump hinted Friday he could revoke more journalists’ White House credentials, as he called one reporter a “loser” and accused another of asking a “stupid question.” Before departing for a trip to Paris, Trump was asked how long the pass of CNN’s Jim Acosta would be suspended. “I haven’t made that decision,” he replied. “But it could be […]

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Why Yelp Is Getting Crushed

When Yelp Inc. (NYSE: YELP) released its third-quarter financial results after the markets closed on Thursday, the company said that it had $0.43 in earnings per share (EPS) on $241.1 million in revenue. The consensus estimates had called for $0.35 in EPS and $245.4 million in revenue. The company noted in the report that although the number of new local […]

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6 Most Important Things in Business Today: OPEC Breakup?

The U.K. economy did well in the third quarter. According to Reuters: Britain’s economy kept up healthy momentum during the third quarter, but this may prove a high watermark ahead of Brexit, official figures showed on Friday. Gross domestic product in the three months to September was 0.6 percent higher than in the previous quarter, matching the consensus forecast in […]

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Layoffs at Tampa Bay Times and Hearst Rattle Newspaper Industry

The Tampa Bay Times, owned by the Poynter Institute, a nonprofit devoted to educating journalists, made its second round of layoffs this year. Hearst, which many people consider the best-run newspaper chain in the United States, laid off staff at its Connecticut papers. Industry observers worry this means that third-quarter results from the industry will be as bad as, or […]

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Gripes and laughter in wake of report that Amazon won’t pick a single city for ‘HQ2’

The Wall Street Journal scoop after midday Monday revealed that Amazon.com Inc.’sAMZN, +0.90%14-month-old quest to choose a North American city in which to place a second, and essentially coequal, headquarters might not quite yield that result. Amazon, according to the Journal, has decided — anticlimactically enough — to split its so-called HQ2 in two. With strong indications that the reported […]

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