GE Plunges Toward Worst Week Since Recession

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GE Plunges Toward Worst Week Since Recession

General Electric Co. plummeted again as a report from Deutsche Bank questioned whether the manufacturing behemoth's latest problems will force it to raise capital by selling shares or further cutting its dividend. The company is facing a “cash squeeze” and growing debt pressures, particularly after
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LA Times Staff Votes to Unionize in Blow to Owner Tronc

Tronc, whose other publications include the Chicago Tribune and Baltimore Sun, aggressively fought the labor drive in meetings, online and in emails. In a Jan. 3 email to employees that was reviewed by Bloomberg, L.A. Times Interim Executive Editor Jim Kirk and Editor in Chief Lewis D'Vorkin warned:
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Trump Hotels Is Losing Premium Customers

Patrick Clark, Bloomberg. – Jan 19, 2018 11:30 am. Skift Take. Trump Hotels saw its room rates plunge in the past year. Expect hotel owners in New York and Toronto to rebrand in an effort to win back the set of foreign visitors who seem put off by the brand reference to President Trump. — Sean O'Neill.
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Amazon Hikes Monthly Prime Membership Prices by 18% to $12.99

Amazon.com Inc. is looking to squeeze more money out of monthly subscribers to its free two-day shipping service, which could persuade many of them to sign up for annual subscriptions. Monthly subscribers to Amazon Prime now have to pay $12.99 each month, an 18 percent jump, according to
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EPA Disavows Its Own Shutdown Plan

The Environmental Protection Agency's public contingency plan for a federal shutdown isn't necessarily accurate and may not reflect its current plans, according to a well-placed source familiar with the situation. The source? The Environmental Protection Agency itself.
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