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Second Opinion closes the week with news that Caterpillar's latest restructuring could result in the loss of 880 jobs, Zoosk relaunches dating app Lively and Hong Kong’s richest man Li Ka-shing retires. Happy St. Patrick's Day!
In Second Opinion, ESPN's ex-president said he quit last year as a result of a cocaine extortion plot, Spotify will go public April 3 and Singapore and Paris top the list of world's most expensive cities.
In Second Opinion, bitcoin is taking after Google says it will ban cryptocurrency ads, Prudential is spinning off its British and European business from its international operations and the SEC charges Theranos founder Elizabeth Holmes with fraud.
In Second Opinion, Snoop Dogg's venture firm closes its inaugural fund at $45 million, China conditionally approves of Bayer's acquisition of Monsanto and Trump fires Rex Tillerson as his Secretary of State, replacing him with CIA Director Mike Pompeo.
In Second Opinion, Goldman Sachs puts David Solomon in line to succeed Blankfein as CEO, Apple acquires digital newsstand Texture and the Church of Scientology is launching a TV channel.
Second Opinion wraps up the week with news that the Nasdaq hits a record high after a strong jobs report, Martin Shkreli is sentenced to seven years for fraud and Toys 'R' Us could go out of business next week.
In Second Opinion, Disney shareholders won't endorse CEO Iger's pay plans, which could balloon over $100 million, Amazon is closing in on Apple in a race to a $1 trillion market cap and 800,000 are without power as the Northeast tries to dig out of the latest storm.
In Second Opinion, Trump is expected to finalize his steel and aluminum tariff plan tomorrow, Bayer is in talks to sell its vegetable seeds business to BASF and the SEC says the cryptocurrency exchanges are an unregulated mess.
In Second Opinion, ESPN names Disney executive James Pitaro as its new president, Xiaomi confirms it will enter the U.S. smartphone market and Google is selling Zagat.
In Second Opinion, L.L. Bean raises minimum age for gun purchases to 21, a nor'easter pounds East Coast with severe winds and heavy rain and the IMF warns that U.S. import tariffs on steel and aluminium will likely hurt the U.S. economy.