Business

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A community about businesses and how they affect our lives. All interesting links and discussions are welcomed here.

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Home Depot heads deeper into the building supply business with $5 billion acquisition of GMS (apnews.com)
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Yellow trucking may be shutting down, but its logo remains iconic (www.fastcompany.com)
submitted 2 years ago by [email protected] to c/[email protected]
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The story of the Yellow Trucking logo and its color choice.

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High interest rates and economic uncertainty are behind recent rise in corporate defaults (www.cnbc.com)
submitted 2 years ago by [email protected] to c/[email protected]
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Reddit’s golden geese foul up its IPO plans (www.reuters.com)
submitted 2 years ago by [email protected] to c/[email protected]
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For those who’d like a little more schadenfreude.

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Oil prices are facing a 'battle royale' between Saudi Arabia and the Federal Reserve, Bank of America says (markets.businessinsider.com)
submitted 2 years ago by [email protected] to c/[email protected]
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Comcast complains to FCC that listing all of its monthly fees is too hard (arstechnica.com)
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Twitter sued for $250 million by music publishers over ‘massive’ copyright infringement (www.theverge.com)
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Growing number of small businesses worry about inflation and the economy's future | CNN Business (www.cnn.com)
submitted 2 years ago* (last edited 2 years ago) by [email protected] to c/[email protected]
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Manufacturing is sputtering in the world's largest economies | CNN Business (www.cnn.com)
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Local entrepreneur wraps up 'search fund' process with purchase of Chesterfield IT firm (www.bizjournals.com)
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When Nick Akers set out to buy a business in late 2021, his search process had a 24-month timeline attached to it. He figured he wouldn’t need that much time, hearing that those in a similar situation typically are successful around the year and a half mark.

“That’s exactly how mine panned out,” Akers said.

Akers in May wrapped up his acquisition search, closing on a purchase of Chesterfield-based IT managed services provider STL Communications Inc. Financial terms of the deal were not disclosed.

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World Bank sees major economies growing at much slower pace thanks to higher rates and banking stress (www.cnbc.com)
submitted 2 years ago by [email protected] to c/[email protected]
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Microsoft to pay $20M over Xbox child privacy violations | Digital Trends (www.digitaltrends.com)
submitted 2 years ago by [email protected] to c/[email protected]
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Student Loan Resumption Could Stifle Up To $5 Billion of Consumer Spending A Month (www.investopedia.com)
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Don't store cash in Venmo and PayPal, US regulator warns | CNN Business (www.cnn.com)
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Know any airplane mechanics? A wave of retirements is leaving some US industries desperate to hire (apnews.com)
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U.S. Population Flatlining As Birth Rate Stagnates In 2022 (www.forbes.com)
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Dollar General shareholders vote to review safety policies after 49 deaths in a decade | CNN Business (www.cnn.com)
submitted 2 years ago by [email protected] to c/[email protected]
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Fidelity has cut Reddit valuation by 41% since 2021 investment (techcrunch.com)
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Twitter is now worth just one-third of Elon Musk's purchase price: Report (www.livemint.com)
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Apple’s Greatest Innovation: Theft (youtu.be)
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The real story of Zuckerberg vs Saverin (www.youtube.com)
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Google was beloved as an employer for years. Then it laid off thousands by email (www.cnn.com)
submitted 2 years ago by [email protected] to c/[email protected]
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Press 1 for more anger: Americans are fed up with customer service (www.npr.org)
submitted 2 years ago by [email protected] to c/[email protected]
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Yellen rules out bailout for Silicon Valley Bank: "We're not going to do that again" (www.cbsnews.com)
submitted 2 years ago by [email protected] to c/[email protected]
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Silicon Valley Bank fails, fueling worry about risk to broader financial market (www.washingtonpost.com)
submitted 2 years ago by [email protected] to c/[email protected]
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