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A New Tax Break for Poor Neighborhoods Could Benefit Luxury Developers
The idea for opportunity zones was hatched three years ago in a white paper from the Economic Innovation Group, a non-profit founded by Sean Parker, the Napster creator and first president of Facebook Inc., to “empower entrepreneurs and investors to forge a more dynamic economy throughout America.” The authors—Jared Bernstein, one of the key members […]
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Esports On Your Phone Are Worth Real Money
Skillz Inc. booth. “Mobile esports was the hottest thing at GDC,” Paradise says. “The industry is shifting very quickly.” Esports contests have gone from peripheral affairs to massive spectacles, with investment from billion-dollar game publishers, broadcast TV networks, and venture capitalists pouring into teams adept at PC games. Mobile games such as and attract more […]
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Threats From All Sides Push Walmart and Humana Closer Together
Walmart Inc. and health insurer Humana Inc. may be facing different threats with the same solution. Amazon.com Inc. has taken direct aim at the giant retailer by siphoning customers out of its stores. Humana’s rivals are striking deals to make them one-stop health superstores with insurance, drug coverage, pharmacies, clinics and doctors. A told Bloomberg […]
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Amazon Severs Ties With Top Lobbying Firms in Washington
Akin Gump and Patton Boggs said to have been fired last week New Amazon hires in Washington include Brathwaite and Holly Amazon.com Inc. cut ties with Washington’s biggest lobbying firm and brought on new advisers following passage of the tax overhaul bill last year and in the face of new challenges in the age of […]
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JPMorgan Brings Amazons Alexa to Wall Street Trading Floors
Voice-activated assistant can now send reports from analysts Other firms such as New York Life using it to help employees asked the bank to compete in creating new products including a small-business credit card for its customers. The companies are also collaborating on a health-care venture.