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Second Opinion
In Second Opinion, Bill Thompson is re-joining Pimco as chairman emeritus, Verizon Media Group is laying off seven percent of its staff and China will overtake the U.S. as the world's largest retail market this year.
In Second Opinion, TomTom sells its telematics division to Bridgestone Europe for $1 billion, on-demand food delivery startup Munchery shuts down and "Roma" and "The Favorite" lead the Oscar nominations with 10 each.
In Second Opinion, China's annual economic growth rate is slowest since 1990, Disney lost 580 million last fiscal year thanks to Hulu and Democratic Senator Kamala Harris says she's running for president.
Second Opinion closes out the week with news that the FTC is reportedly considering a record-setting fine against Facebook, drone company DJI loses $150 million to corruption and according to a bombshell Buzzfeed report, President Trump allegedly instructed his now ex-fixer Michael Cohen to lie about plans to build a Trump Tower in Moscow.
In Second Opinion, Les Moonves is fighting CBS for a $120 million exit package, the East Coast prepares for snowstorms and frigid weather and Microsoft is investing $500 million to tackle the Seattle housing crisis.
In Second Opinion, Apollo is nearing a deal to buy Arconic for more than $10 billion, Netflix is raising its subscription prices by up to 18 percent and Theresa May's Brexit plan dies in Parliament.
In Second Opinion, President Trump rejects a proposal to temporarily reopen the government, Peter Thiel's Valar Ventures targets $350 million for new funds and PG&E prepares for bankruptcy amid wildfire fallout.
In Second Opinion, a Chinese Huawei executive Is charged with espionage in Poland, Apple reportedly plans three new iPhones this year and more TSA agents are refusing to work during the government shutdown, raising fears of airport turmoil.
In Second Opinion, BlackRock is cutting three percent of its workforce amid market uncertainty, Sears chairman confirms new $5 billion bid to save bankrupt retailer and with no end in sight, thousands of federal workers file for unemployment.
In Second Opinion, a court gives Sears a lifeline, New York City will provide universal healthcare to all residents, says mayor and Amazon is now the most valuable company on the planet.