Daily Archives: January 15, 2019

Polis seeking more money for oil-and-gas regulators — but not for transportation infrastructure

In his amendments to former Gov. Hickenlooper's fiscal-year 2019-20 budget proposal, Polis also seeks funding to lay the groundwork for a reinsurance system for health care.

By | 2019-01-15T23:23:08+00:00 January 15th, 2019|Education|

Fast-growing cloud management startup Rubrik lands $261M, ramps up growth plans

Palo Alto-based cloud data management startup Rubrik said Tuesday that it has raised $261 million in a funding round that values it at $3.3 billion and prepares it to launch new products this year — all while eyeing the possibility of an IPO. The fast...

By | 2019-01-15T22:57:31+00:00 January 15th, 2019|Technology|

Dublin data-organization firm’s founder transfers ownership to employees

The founder of Infoverity LLC, which wrestles disparate data sets into formats corporate clients could use for intelligence, has transferred ownership to employees. Matt Wienke, who started the Dublin business eight years ago, now is a fellow sharehol...

By | 2019-01-15T22:52:04+00:00 January 15th, 2019|Technology|

UNC board votes to remove Chancellor Folt at end of month

The Board of Governors has voted to accept UNC-Chapel Hill Chancellor Carol Folt’s resignation at the end of the month, not at the end of the semester as her resignation announcement outlined.  The decision came Tuesday afternoon after a closed-sessio...

By | 2019-01-15T22:31:41+00:00 January 15th, 2019|Education|

Netflix shares surge with news that prices are going up

Netflix Inc. shares popped on Tuesday morning upon news that the streaming giant is raising prices across its subscription plans in the U.S. In the biggest fee increase since the company introduced streaming a dozen years ago, costs will go up 13 perc...

By | 2019-01-15T22:20:00+00:00 January 15th, 2019|Media|

Former PepsiCo CEO Nooyi being considered for World Bank head

The White House is considering tapping Indra Nooyi, the former chief executive of PepsiCo, to step into the role of World Bank president, according to The New York Times. Nooyi, who stepped down as CEO of Purchase, New York-based PepsiCo (Nasdaq: PEP)...

By | 2019-01-15T21:38:55+00:00 January 15th, 2019|Budget and Tax|

Ford and VW announce partnership, Wall Street shrugs

Volkswagen AG and Ford Motor Co. are forming a broad alliance that aims to boost competitiveness during a rapidly changing era of automobile production. Wall Street seems a little cool to it — but more on that later. The two companies intend to dev...

By | 2019-01-15T21:34:30+00:00 January 15th, 2019|Budget and Tax|

Disney Roundup: Iger’s pay up 81%… Possible spinoff of Fox regional sports networks

Burbank, California.-based Walt Disney Co. (NYSE: DIS) has operations around the country. It also owns ABC Television, ESPN Inc., Pixar, Marvel Studios and Lucasfilm Ltd., and is in the process of buying 21st Century Fox’s (Nasdaq: FOX) entertainment a...

By | 2019-01-15T21:10:21+00:00 January 15th, 2019|Sports|

Negotiations with Beckham group for MLS stadium stall over ethics complaint

Negotiations between Miami officials and representatives of the Major League Soccer team led by soccer-star David Beckham have been placed on hold because of an ethics complaint filed against members of the group. That means the team’s deal to build a...

By | 2019-01-15T21:08:53+00:00 January 15th, 2019|Sports|

Startup with KC ties earns coveted spot in NY fintech program

A startup with Kansas City ties landed a coveted spot in New York-based Financial Solutions Lab (FinLab), a program spearheaded by JPMorgan Chase and the Center for Financial Services Innovation. The goal of FinLab is to find and test innovations that ...

By | 2019-01-15T20:16:37+00:00 January 15th, 2019|Economics|