Business

Business

Mattel's incoming chairman named to replace outgoing CEO

(c) 2018, Bloomberg. Mattel Chief Executive Officer Margo Georgiadis, who joined the toymaker from Google promising to overhaul the company, is stepping down and will be replaced by incoming Executive Chairman Ynon Kreiz. Georgiadis, who is leaving to pursue a new opportunity in the technology...


Business

Cybersecurity expert's case delayed as new details emerge

Cyberattack Fighter Detained

MILWAUKEE (AP) — The case of British cybersecurity expert once heralded as a hero for stopping the WannaCry worldwide computer virus was delayed Thursday to allow his attorneys more time to prepare arguments on why a judge should suppress statements he made after his arrest for allegedly creating...


Business

Uber is said to favor VMware's Rowe for CFO ahead of 2019 IPO

(c) 2018, Bloomberg. Uber Technologies Inc. has chosen VMware Inc.‘s Zane Rowe as the top candidate for chief financial officer to lead preparations for what could be the biggest initial public offering of 2019, people familiar with the matter said. The ride-hailing company is in advanced talks...


Business

Trump tweets, markets go nuts - and these guys win

(c) 2018, The Washington Post. Reading Donald Trump’s tweet du jour can be really unsettling for those of us with serious money in the stock market. In fact, these days it’s sort of tempting to see if you can get a sedative for yourself included in the deal when you place a buy or sell order. But...


Business

Hulu's value is now $8.7 billion, but still dwarfed by Netflix

(c) 2018, Bloomberg. The streaming service Hulu, which has gained clout thanks to shows like “The Handmaid’s Tale,” is now worth about $8.7 billion. But that remains a small fraction of Netflix Inc.‘s value. Walt Disney Co. laid out the valuation of Hulu as part of a filing Wednesday about its...


National

The Latest: British cybersecurity expert's US case delayed

Cyberattack Fighter Detained

MILWAUKEE (AP) — The Latest on the criminal case of a British cybersecurity expert once heralded as a hero for stopping the WannaCry worldwide computer virus (all times local): 3:25 p.m. Attorneys for a British cybersecurity expert credited with stopping a computer virus have been given more time...


Business

US stocks decline on tech woes, Treasuries slide

(c) 2018, Bloomberg. U.S. stocks fell for the first time in four days as technology shares came under pressure from trade and earnings concerns. Treasuries hit the lowest since February amid inflation worries. The S&P 500 index dropped as tech shares slumped after Taiwan Semiconductor’s...


Business

The Latest: Picnic shooting suspect found after plate check

Shooting Casino Company Picnic-3

LAS VEGAS (AP) — The Latest on the arrest of a former casino dealer accused of a deadly shooting at a company picnic (all times local): 12:50 p.m. A former Las Vegas Strip casino dealer accused of a deadly shooting at a company picnic was captured in Texas after a sheriff’s deputy ran a routine...


Business

Facing firing at a religious nonprofit because of a change of faith

Special To The Washington Post. Q: I am a layperson (not an ordained member of the clergy) working for a religious nonprofit that requires its employees to be members of the faith in good standing and to provide a reference from our clergy to prove it. In the past year, I have lost my faith and no...


Business

Correction: Obit-Mellon story

In a story April 17 about the death of Matthew Mellon, The Associated Press reported erroneously that Mellon had died at a rehabilitation center in Cancun, Mexico. Police have confirmed that Mellon died in a Cancun hotel room, not in a rehab facility. A corrected version of the story is below:...


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