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Second Opinion
In Second Opinion, the U.S. postal service has exposed the data of 60 million users, Facebook’s YouTube competitor is pivoting to older audiences and GM is cutting production at certain plants as well as thousands of jobs.
In Second Opinion, Fortress Bio is selling National Holdings to B.Riley, Societe Generale is paying $1.34 billion to settle its U.S. sanctions case and David's Bridal is filing for bankruptcy.
In Second Opinion, Beyonce buys out a clothing venture from a British tycoon, the FDA is seeking a ban on menthol cigarettes and Facebook fires a PR firm that was digging up dirt on rivals.
In Second Opinion, Blue Apron is cutting 4 percent of its workforce, medical cannabis company Surterra taps a Wrigley billionaire as CEO and Levi Strauss is planning to go public.
In Second Opinion, Flipkart CEO Binny Bansal resigns over allegations of "serious personal misconduct," GE is planning on raising $4 billion by selling its shares in Baker Hughes and Amazon makes it official: New York City and Arlington, Virginia will be its second co-headquarters.
Second Opinion closes out the week with news that Fortune Magazine is sold to a Thai businessman, the U.S. accuses China of violating a cyber espionage agreement and P&G restructures its operations, creating six business units.
In Second Opinion, Tesla selects Robyn Denholm to replace Elon Musk as chairman, Facebook claims it deleted 3 million pieces of ISIS and Al Qaeda propaganda in the third quarter of 2018 and twelve people were killed in a country and western dance hall in Thousand Oaks, California.
In Second Opinion, Kraft is selling its Canadian natural cheese business to Parmalat for $1.23 billion, Mortgage applications fall to a four-year low and Jeff Sessions resigns as Attorney General.
In Second Opinion, President Trump begins the midterm election day bracing for grim political news, Lime names Joe Kraus, a partner at GV, as its first COO. and Thoma Bravo has reportedly approached Synamtec about acquiring the Norton antivirus software maker.
In Second Opinion, Societe Generale has sold Polish Euro Bank for $484 million, Amazon is reportedly planning on splitting its second headquarters evenly between two locations rather than picking one city and Lowe's is closing 51 stores in the U.S. and Canada.