Daily Archives: February 5, 2019

Cerner’s fourth quarter brings good (almost historic) results

Cerner Corp. reported its second highest quarterly bookings in its history at $1.96 billion, second only to the $2.3 billion in last year's fourth quarter. The North Kansas City-based health IT company’s high booking rate can be attributed to six cont...

By | 2019-02-05T22:53:02+00:00 February 5th, 2019|Healthcare|

MGM, Annapurna revive United Artists for joint distribution venture

On United Artists’ 100th birthday to the day, the storied Hollywood studio is getting a new life as the name of the joint distribution venture between Metro Goldwyn Mayer (MGM) and Annapurna Pictures. The two movie companies launched a joint theatrica...

By | 2019-02-05T22:46:44+00:00 February 5th, 2019|Media|

BofA honors Terrence Laughlin, late vice chair and Pittsburgh native, makes $2M gift to Pitt

Bank of America Corp. honored Terrence Laughlin, its late vice chairman of wealth management businesses, with $2.5 million in gifts to the University of Pittsburgh and St. Francis University. Laughlin, a Pittsburgh native, passed away last October at...

By | 2019-02-05T22:45:00+00:00 February 5th, 2019|Economics|

D.C. Council divided on sole-source contract for sports betting, lottery platforms

The NFL season is over, but sports betting could come to the District by the start of next season — though it's facing a slim margin for error with the D.C. Council. The council signed off Tuesday on first reading of legislation that would allow the ...

By | 2019-02-05T22:29:44+00:00 February 5th, 2019|Sports|

Snap stops user losses, beats Wall Street expectations in Q4

Snap Inc. surged in after-hours trading upon the release of its fourth-quarter earnings report, in which the Snapchat maker beat analyst forecasts and reported stabilized daily active users. The company posted net losses of $192 million, or 4 cents pe...

By | 2019-02-05T22:06:54+00:00 February 5th, 2019|Media|

Group behind Suns arena ballot initiative drops effort

A group that sought to derail a recently approved deal to renovate Talking Stick Resort Arena in downtown Phoenix has backed off its efforts, according to a report in the Arizona Republic. The group called Common Sense Phoenix was told by city of Phoe...

By | 2019-02-05T21:30:59+00:00 February 5th, 2019|Sports|