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Shell to cut 2200 more jobs in face of weak oil prices
LONDON Royal Dutch Shell will cut a further 2,200 jobs, taking its target for layoffs to 12,500 by the end of the year, the Anglo-Dutch oil firm said on Wednesday, as it cuts deeper in the face of weak oil prices.
Shell is cutting another 2200 jobs  CNNMoney
Shell cuts more than 2000 jobs
Automakers Befriend Start-Ups Like Uber, Girding Against a Changing Car Culture
Shahar Waiser is the chief executive of Gett, a popular ride-hailing app in Europe. The company said it has established a relationship with Volkswagen.
Toyota, Uber latest to join forces in ride-hailing rush  Reuters
VW invests $300M in Uber rival Gett in new ride-sharing partnership  TechCrunch
Shari Redstone emerges as a pivotal figure in the battle for Viacom
Shari Redstone has long been on the sidelines of her father's $40-billion media empire. But in the last month she has emerged as a central figure in the battle over the future of Viacom Inc. and CBS Corp.
Redstone Adds New Stewards of Holdings -- WSJ  Nasdaq
Viacom CEO Dauman Seeks to Reassure Workers as Legal Brawl Rages  Bloomberg
Home wifi startup eero nets $50M, Best Buy deal
SAN FRANCISCO - Eero's mission to rid the realm of dropped Wifi connections just got a multi-million-dollar boost to its coffers and landed retail shelves for its router.
Home WiFi Startup Eero Raises $50 Million, Heads to Best Buy  Fortune
Eero Raises $50 Million To Fix Your Crappy WiFi  Forbes
Alibaba Faces US Accounting Inquiry
ack Ma, chairman and chief executive officer of e-commerce giant Alibaba Group Holding Ltd., speaks in front of a big screen at Alibaba's headquarters on November 11, 2014 in Hangzhou, Zhejiang province of China.
SEC probes Alibaba's Singles Day, stock drops  USA TODAY
Alibaba (BABA) Said to Face U.S. Accounting Inquiry
For First Time In 130 Years, More Young Adults Live With Parents Than With ...
For the first time in more than 130 years, Americans ages 18-34 are more likely to live with their parents than in any other living situation, according to a new analysis by the Pew Research Center.
Young people now more likely to live with parents than partners  Washington Post
Back to 1880? Why so many Millennials are living at home  Christian Science Monitor
DeVry CEO Replaced by Board Member
Daniel Hamburger, the CEO of DeVry Education Group for the last nine years, left the company on Tuesday. His departure was effective immediately, DeVry, a large for-profit chain, said in a written statement.
For-profit college company DeVry Education Group replaces CEO  Washington Post
Active Stocks' Revenge with Bears- Verizon Communications (NYSE:VZ ...  Seneca Globe
Netflix, Amazon Face Minimum Quota for European Films
Video-on-demand providers such as Netflix Inc., Inc. and Apple Inc.'s iTunes would be forced to dedicate at least a fifth of their catalogs to European content, under proposals published Wednesday.
EU to pursue checks on web platform deals with businesses  Reuters
Netflix and Amazon face quota on EU-made content  BBC News
Oil nudges $50 a barrel as investors bet on shrinking overhang
LONDON Oil rose toward $50 a barrel on Wednesday for the first time in seven months, driven by expectations that shrinking supply will help erode any overhang of unwanted crude, particularly after industry data showed a sharp fall in U.S.
Oil at Seven-Month High as US Stockpiles Drop  Wall Street Journal
Stock Futures Rise as Crude Moves Toward $50
Sarepta: FDA's Decision on Dystrophy Drug Delayed
Sarepta Therapeutics Inc. SRPT 5.49 % said the U.S. Food & Drug Administration wouldn't issue a decision on the company's muscular dystrophy drug by Thursday's deadline, raising expectations that the agency may approve a treatment that an advisory ...
Sarepta Surges After U.S. Regulators Delay Ruling on DMD Drug  Bloomberg
FDA delays decision on Sarepta's muscle-wasting disorder drug  Reuters