Sales & Marketing news

• Delta could offer passengers close to $10,000 to give up their seats (DAL)

  14-04-2017 21:31 via feedproxy.google.com
  
  Delta is giving airport employees permission to offer passengers up to almost $10,000 in compensation to give up their seats on overbooked flights.
  In an internal memo obtained by The Associated Press, Delta says gate agents can offer up to $2,000 in compensation, up from a previous maximum of $800, and supervisors can offer up to $9,950, up from $1,350.
  Delta's move comes as United Airlines struggles to recover from images of a passenger's forced removal from a sold-out flight.
  United first off
  
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• Uber booked $20 billion in rides in 2016, but it's still losing billions

  14-04-2017 20:11 via feedproxy.google.com
  
  Uber hasn't been able to stop plowing through cash, and the ride-hailing company lost $2.8 billion in 2016, excluding its China business, according to newly-released numbers published in Bloomberg. Factoring in its China subsidiary, which it sold in July, the number is likely greater than $3 billion for the year.
  Uber released its numbers to the public for the first time ever on Friday to show that its sales growth has remained strong even as it entered a tumultuous 2017. 
  Here ar
  
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• 'Fate of the Furious' is on its way to toppling 'Furious 7' at the box office

  14-04-2017 19:30 via feedproxy.google.com
  
  "The Fate of the Furious" is coming fast out of the gate.
  The eighth installment in the "Fast and the Furious" franchise, out Friday, already earned $10.4 million in Thursday night previews in over 3,300 theaters, according to The Hollywood Reporter.
  The movie is on track to make over $100 million domestically and $400 million globally over the full weekend. With the movie playing in 63 markets globally and showing on the most IMAX screens ever for a movie, there's a good chance that this l
  
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• Apple has an official permit to test self-driving cars in California, DMV confirms (AAPL)

  14-04-2017 18:05 via feedproxy.google.com
  
  Apple has received a permit to test autonomous cars in California, the first official confirmation that the maker of the iPhone sees the century-old automobile as a product that's ripe for reinvention and a reflection of its need to find new markets to sustain its growth. 
  The California DMV updated its website on Friday, adding Apple's name to 29 other companies testing self-driving vehicles in the state, including Tesla and Google.
  The permit is confirmation that Apple has been quiet
  
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• Millennials love Netflix stock, and it's not the only tech company they're investing in

  14-04-2017 17:19 via feedproxy.google.com
  
  Millennials don't just love binge-watching Netflix, they also love to binge on its stock, according to trading app Robinhood.
  Retail investors are generally bullish going into Netflix's earnings report on Monday, with 1.4 times more buying than selling, according to Robinhood. But those 30 and under are 30% more likely to buy Netflix stock than those over 30, and they are doing 1.6 times more buying than selling. Robinhood also found that those in California were more likely to buy Net
  
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• United is under fire for denying passengers — but its competitors are even worse (UAL, DAL, AAL)

  14-04-2017 17:16 via feedproxy.google.com
  
  United Airlines landed itself in hot water when it invoked its involuntary-deboarding policy to forcibly remove a passenger from a plane — but the airline isn't the worst when it comes to this practice.
  When a carrier overbooks a flight, it will first ask for volunteers to give up their seats in exchange for compensation. But if there aren't enough volunteers, the airline can bump passengers.
  The backlash toward United may have brought involuntary deboarding to the center of public discus
  
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• UBS CEO: Switzerland is more important to America than China

  14-04-2017 15:05 via feedproxy.google.com
  
  Is Switzerland more important to America than China? Well, it depends on what is important to you.
  As Chairman of the Swiss American Chamber of Commerce, I believe that the relationship between Switzerland and the US offers a model for how cross-border investment can strengthen economic ties between nations, creating much-needed jobs and adding to global prosperity through financial partnership. Our government also understands this too, and I am sure that this message will be reinforced when Fed
  
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• We just got 'a shocker' about US consumer prices

  14-04-2017 15:01 via feedproxy.google.com
  
  US consumer prices in March fell for the first time since February 2016, led by a decline in gas prices.
  The consumer price index fell 0.3%, according to the Labor Department. Economists had forecast that the index was unchanged.
  But excluding the volatile costs of food and energy, so-called core CPI fell 0.1%, the first decline since January 2010."The drop in the core rate was a shocker, however, given how rarely it occurs (even in recessions) and given the modest upward trend in inflation in r
  
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• We talked to one of the most senior women on Wall Street about big deals, investment mistakes, and career advice (CG)

  14-04-2017 14:52 via feedproxy.google.com
  
  Private equity has come a long way.
  What is now a $2.5 trillion industry managing money on behalf of public pensions and the like started as a hodgepodge of so-called leveraged buyout firms, popularized in the 1980s. Some historians would quibble and say the industry's origins date back much further, though not in any stance like today.
  Business Insider recently sat down with Sandra Horbach, the cohead of US buyouts at the $158 billion Carlyle Group, to get a sense of how the industry has change
  
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• Retail sales fall for a second straight month as auto sales tumble

  14-04-2017 14:30 via feedproxy.google.com
  
  US retail sales fell for a second straight month and more than expected in March, according to the Commerce Department.
  Sales fell 0.2%, led by a decline in the auto industry. Economists had forecast that retail sales fell by 0.1% month-on-month in March, according to Bloomberg. 
  "The downturn in auto sales is going to be a headwind for retail in general," said Jim Baird, the chief investment officer at Plante Moran Financial Advisors. 
  The Big Three automakers reported worse
  
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• The pressure is building in South Africa

  14-04-2017 14:08 via feedproxy.google.com
  
  At the end of March, South Africa's president, Jacob Zuma, reshuffled his cabinet overnight, replacing ministers and deputy ministers, including his respected finance minister, Pravan Gordhan, with mostly loyalists and political allies.
  South Africa's currency, the rand, came under pressure after the reshuffle, and ratings agencies S&P and Fitch downgraded South Africa's credit rating to junk in the immediate aftermath.
  Meanwhile, several thousand South Africans flooded the capital
  
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• The rise of Gary Cohn, from Midwestern kid to Goldman Sachs boss — and now key adviser to President Trump (GS)

  14-04-2017 14:01 via feedproxy.google.com
  
  Gary Cohn, the former chief operating officer and president of Goldman Sachs, is growing his influence in the Trump administration as the director of the National Economic Council. 
  President Donald Trump recently reversed his opinions on key economic issues, including labeling China a currency manipulator, and whether Federal Reserve Chair Janet Yellen was a essentially a political stooge.
  These turnarounds signaled that some of Trump's hardline populist and "econo
  
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• Easter 2017: The best marketing campaigns

  14-04-2017 10:00
  
  The ‘So White Project’ takes on Easter
  In December last year, a campaign was started to encourage more diversity when it comes to Christmas stock imagery. Instead of the usual white families enjoying the festive period, the #ChristmasSOwhite campaign saw a number of black and ethnic minority families unpacking presents and spending time together.
  READ MORE: The dangers of images that reinforce stereotypes
  The ‘So White Project’ garnered a huge amount of global media atten
  
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• Unpicking the adblock paradox

  14-04-2017 02:00
  
  DUBLIN: Significant adblock usage by a website's audience can lead to a short-term boost in page traffic, but over the longer term traffic declines as these sites find themselves unable to invest in content, a new study has shown.In a...
  
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• Smartphones power new media options

  14-04-2017 02:00
  
  NEW YORK: Smartphone technology has developed a host of powerful and cheap computing components that will create totally new media, a new report suggests.IPG Media Lab's 2017 Outlook...
  
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• Singaporeans search with brand in mind

  14-04-2017 02:00
  
  SINGAPORE: Two thirds of Singaporeans have a brand in mind when searching for financial services, a new study shows.This is according to Google APAC's Financial Dashboard, which details how consumers in ten countries in the Asia-Pacific region...
  
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• Patanjali looks abroad

  14-04-2017 02:00
  
  HARIDWAR: Even though it stresses its Indian roots and has often excoriated multinational rivals, Indian FMCG business Patanjali Ayurved is planning on becoming an international brand."We want to expand Patanjali Ayurved Ltd to other countries...
  
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• Digital helps transform TV measurement

  14-04-2017 02:00
  
  NEW YORK: The growth of digital tools and technologies will help make television advertising even more measurable going forwards, a new paper published in the Journal of Advertising Research (JAR) has argued. 
  
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• Cognitive Media Council stirs data soup

  14-04-2017 02:00
  
  NEW YORK: Brands as diverse as Chase Bank and pharma giant GlaxoSmithKline have joined agencies in a new group, the Cognitive Media Council, which aims to better understand how artificial intelligence (AI) can apply to marketing strategy.Convened...
  
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• Brexit, inflation affect UK consumer confidence

  14-04-2017 02:00
  
  LONDON: UK consumers are anticipating price hikes in every major category of goods, as confidence dips among Leave voters following the triggering of the process for the UK to leave the EU, a new study reveals.Research firm Nielsen's "Article 50"...
  
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• The Trump administration just rolled out big changes to Obamacare

  14-04-2017 00:07 via feedproxy.google.com
  
  The Centers for Medicare and Medicaid Services rolled out its final rule for the 2018 healthcare exchanges on Thursday.
  The final rule, an update of changes proposed February 15, included a variety of changes to the indiviudal health insurance marketplaces, including cutting down on the amount of time people have to enroll for plans on the exchanges and allowing insurers to collect unpaid premiums before allowing a patient to sign up the next year.
  "This proposal will take steps to stabili
  
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