Jack Danielâs $125M tariff bill, Birdâs new scooter targets âTHICs,â and GameStopâs 36% plummet
Liquor legend Brown Forman just revealed that fresh tariffs from the EU on American whiskey is costing the Jack Daniels owner $125M per year. Scooter pioneer Bird has a new bike option thatâs blatantl...
6 Jun 201915min
Spotifyâs new app, Mirror is our âPre-Unicorn of the Day,â and why markets jumped so much Tuesday
Wall Street just had its best day since January, so we explain why (itâs all about The Fedâs focus on something sexy). Spotify whipped up a new app to fix a problem and also take down radio. And fitne...
5 Jun 201917min
Regulators hit the Mt. Rushmore of tech, Appleâs WWDC, and the biggest private real estate transaction ever (=$18.7B)
Shares of Google and Facebook both fell over 6% on word US regulators have coordinated to take them on. Meanwhile, Appleâs big Worldwide Developers Conference unveiled fresh new iThings. And then priv...
4 Jun 201917min
JPMorganâs âanti-dadâ case sets a record, fresh Mexico tariffs will hurt your Chipotle, and non-hotel companies jump into hotels
In a record settlement of $5M for a parental leave case, JPMorganâs giving new moms and dads a more equal policy (although the US is still way behind). The fresh US tariffs on Mexico announced Thursda...
3 Jun 201915min
Uberâs 1st public earnings report, Firefly is the future of outdoor ads, and Dollar General & Dollar Treeâs epic days
In its 1st earnings report as a public company since this monthâs IPO, Uberâs earnings report revealed itâs got a problem with 1 word: Growth. Firefly raises $30M and expands to NYC to forever change ...
31 Mai 201916min
Abercrombieâs worst day in 20 years, iRobotâs new launch, and SoFiâs stadium move
iRobot just unveiled two high-tech robot floor cleaners, but its expansion to non-cleaning things is TBD. Abercrombie & Fitch just axed 3 high-profile flagship stores -- But its stockâs worst day in 2...
30 Mai 201916min
Zynga is our âAccidental Billionaire of the Day,â Huaweiâs 4 spy stories, and tobaccoâs terrible day (because of regular unleaded)
Farmville-creator Zynga just sold its San Francisco headquarters building for $600M â And it may be better at real estate than video games. Weâre jumping into the spy-worthy âcorporate theftâ stories ...
29 Mai 201916min
Facebookâs âGlobalCoinâ launching 2020, Kontoor is the new jeans IPO, and SpaceXâs 60-satellite week
Zuckâs launching a Bitcoin-ish cryptocurrency called GlobalCoin in 2020 so that paying for anything is as easy as messaging. Kontoor is the newly IPOâd company created after Vans-owner VF Brands spun-...
28 Mai 201917min
