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Amazon’s break-up with New York sets other cities up for gainsAmazon (AMZN) just gutted plans to open a headquarters in New York – taking with it promises of 25,000 jobs and $2.5 billion in investment in the local economy.
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New Reckitt CEO will have breakup on the brainSeparating cleaning goods like Vanish and Dettol from Nurofen and health products helped outgoing CEO Rakesh Kapoor lift sales last year. A full breakup could boost Reckitt’s market value by more than a tenth, Breakingviews calculates. It’ll be the new boss’s first big task.
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Shell might win new energy race by wanting it moreThe UK oil major is acquiring German energy-storage group Sonnen. Utilities, carmakers and big tech groups are all converging on the residential-power market. Shell’s need to move quickly to hedge against peak oil demand may give it an edge.
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Angie Thomas Wants Cardi B And Nicki Minaj In Her New FilmThe Hate U Give author told BuzzFeed News she wants On the Come Up to feature some prominent female rappers.
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