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 Unlimited wireless wars HEAT UP; AT&T, Sprint join in -- great news for smartphone users, but maybe less so for investors
USA TODAY, February 17, 2017 Friday

 When it comes to wireless, one-upmanship never seems to stop. The latest to enter the ring: AT&T and Sprint. The nation's No. 2 and No. 4 carriers unveiled a clutch of new features designed to make their wireless data plans more attractive in a market that's gone from competitive to cutthroat in less than a week. For new customers, Sprint upped its week-old offer of five lines with unlimited data, for $90, to include high definition video streaming and 10GB of mobile hotspot data.
 Time launches new Time Health brand, online hub
USA TODAY, February 17, 2017 Friday

 With its new Time Health wellness and health brand, Time Inc. hopes it has the prescription for improved engagement for readers and advertisers alike. The online destination Time Health ( will serve as a one-stop hub for health, medical and wellness content created across Time Inc.'s properties including Time, Health, Fortune, Cooking Light and Real Simple. Additional original content for Time Health will include an emphasis on shareable video, which users already heavily...
 Apple bets on more growth
USA TODAY, February 17, 2017 Friday

 Apple stock has been on a tear, rising more than 20% in the past six months. And Apple CEO Tim Cook believes more runway for growth for smartphones will continue to lift the iPhone segment.
 What Nelson Peltz Is Up To With His $3.5 Billion Stake in P.&G.
The New York Times, February 17, 2017 Friday

 For Nelson Peltz and his big investment in Procter & Gamble, the timing could be as important as the strategy. The activist investor's company, Trian Partners, disclosed a $3.5 billion position in P.&G., the maker of Tide detergent and Crest toothpaste, on Tuesday, but did not include any proposals for improving shareholder returns. Whatever he has in mind, consumer stocks like P.&G. are well positioned for a tougher economic environment.
 For Some C.E.O.s, a Trump Invitation Is Risky Business
The New York Times, February 17, 2017 Friday

 For the nation's top executives, a summons to the White House has long been a much-coveted honor. Now, less than a month into President Trump's administration, it's become something to be ducked, at least for some.   As the Dallas Mavericks' owner, Mark Cuban, told The Fort Worth Star-Telegram: ''It's a tough situation for C.E.O.s. You want to make nice with the president because you're a public company and you have shareholders, and it's hard to balance doing the right financial thing versus...
 Standard & Poor's 500 Declines, Ending 7-Day Streak
The New York Times, February 17, 2017 Friday

 The Standard & Poor's 500-stock index dipped on Thursday to break a seven-day winning streak, its longest in three and a half years, though it remained near its high.
 Honda's Hatchback Makes a Return Engagement
The New York Times, February 17, 2017 Friday

  Most people who remember the original Civic that Honda brought to America in 1973 remember it as a hatchback. The less popular ''sedan'' looked exactly the same -- it just had a tiny rear door instead of the liftgate. That runt of a car went on to do big things for Honda. The car's CVCC engine, which ran on both regular and unleaded gasoline (without a catalytic converter), showed Detroit and consumers that Honda had engineering chops to spare.   Yes, there once were two kinds of gasoline....
 BUSINESS BEAT; Heir apparent at Samsung arrested; Lee Jae-yong is linked to a graft scandal involving South Korea's president.
Los Angeles Times, February 17, 2017 Friday

 South Korean special prosecutors investigating a sprawling corruption scandal that led to the president's impeachment arrested the heir apparent to Samsung Electronics on Friday. Prosecutors in recent weeks accused Lee Jae-yong of several crimes, including bribery, embezzlement and perjury. A court ruled early Friday that they had produced enough evidence to arrest and detain him -- a stunning decision that reverses the same court's denial a few weeks ago. "Based on the newly gathered criminal...
 Starbucks serves up italian-style ice cream
USA TODAY, February 16, 2017 Thursday

 Starbucks is debuting ice cream at 100-plus stores across the U.S. after the coffee giant saw ice cream offerings succeed at its upscale concept store in Seattle. The chain's Seattle Roastery store began serving an Italian treat called affogatos last June. Starbucks is now testing a menu of affogato items at 100 stores in Orange County, Calif.
 Twitter CEO buys $7 million in stock; Dorsey files with #LoveTwitter tweet
USA TODAY, February 16, 2017 Thursday

 Wall Street may have lost confidence in Twitter, but the company's cheerleader-in-chief, Jack Dorsey, is voting with his wallet, buying about $7million worth of shares.
 Pressure on P&G as hedge fund gets stake; Investor could press for deeper cuts or breakup
The Cincinnati Enquirer (Ohio), February 16, 2017 Thursday

 " ... A breakup may be best for the company, as larger breakups typically result in greater stock returns versus smaller divestitures. ..." Ali Dibadj, Bernstein analyst, in a note to investors Procter & Gamble CEO David Taylor now faces the same heightened investor scrutiny that dogged former CEO Bob McDonald into an abrupt retirement after a hedge fund has disclosed a $3.5 billion stake in the company. Multiple news outlets reported that billionaire Nelson Peltz's Trian Fund Management LP had...
 Groupon beat estimates in Q4; Company reveals it paid nothing for LivingSocial; stock up
Chicago Tribune, February 16, 2017 Thursday

 Groupon shares shot up Wednesday on news that it beat analyst estimates of revenue and earnings per share in the fourth quarter, the first reporting period after its acquisition of onetime competitor LivingSocial. Shares closed at $4.64, a gain of about 23 percent. Groupon revealed in its annual report, released Wednesday morning, that it paid nothing for LivingSocial, which was once valued at several billion dollars.

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