Login | September 24, 2017
Akron Legal News
Business
Sell or hold Yelp?
Dear Mr. Berko: I bought 1,000 shares of Yelp last year at $28. Should I continue to hold the stock? -- PK, Erie, Pa.
Dear PK: "Yelp" is defined by Oxford Dictionaries, not Wall Street, as "a short, sharp cry, especially of pain or alarm."
Yelp (YELP-$42) came public in March 2012, offering 8.3 million shar ... (full story)
Macy's trims holiday hires by nearly 4 percent
NEW YORK (AP) — Macy's is increasing the number of temporary workers it's hiring for distribution and warehouses for the holiday season as it chases fast growing e-commerce sales. But overall holiday hiring will fall nearly 4 percent.
Macy's says it will be hiring 18,000 workers to fulfill online orders and other tasks at w ... (full story)
MORPC, state lawmakers on board Hyperloop Midwest proposal
Ohio lawmakers and regional planning officials are beginning to talk about Elon Musk's Hyperloop - a futuristic passenger and cargo transportation system that would operate at speeds up to 700 miles per hour - in real terms.
Recently, members of the Senate Transportation, Commerce and Workforce Committee had the opportunity to he ... (full story)
Advice about an art investment
Dear Mr. Berko: I've been given the opportunity to invest in Treasure Investments Corp. by CEO Mark Russo. The investment consists of buying stock at 20 cents a share with a minimum investment of $25,000. The goal is to raise $10 million. The strategic plan is taking the company public in the fall of 2018 for $3 to $5 a share.
Th ... (full story)
Tech-oriented New York grad school launched by contest opens
NEW YORK (AP) — The city's quest to make itself a legitimate rival to Silicon Valley as a high-tech hub has long bumped up against some harsh realities, among them the fact it hasn't had a top-tier technology school pumping out the next generation of entrepreneurs and engineers.
A potential answer to that problem, a new tec ... (full story)