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Uber and Zoetis

Dear Mr. Berko: My stockbroker insists that Uber, which is valued at $120 billion, will come public in the second quarter of 2019. He doesn't have a price yet but promises he could get at least 100 shares at the initial public offering price. He says the stock could double on the first day and thinks I should buy more shares as the ... (full story)


Cleveland Cavaliers owner selling Detroit casino in $1B deal

Cleveland Cavaliers owner selling Detroit casino in $1B deal

DETROIT (AP) — Businessman and Cleveland Cavaliers owner Dan Gilbert has reached a $1 billion agreement to sell the Greektown Casino-Hotel in downtown Detroit, one of the city's three casinos, companies involved in the deal announced Wednesday.
Gilbert's Detroit-based JACK Entertainment said it planned to sell the casino to ... (full story)


Big question for Amazon's 2 chosen cities: Will it pay off?

Big question for Amazon's 2 chosen cities: Will it pay off?

WASHINGTON (AP) — The awarding of Amazon's second headquarters to two affluent localities has fanned intense speculation around a key question: For the winning cities, will the economic payoff prove to be worth the cost?
Amazon's decision will bring to Arlington, Virginia, and the Long Island City section of New York a comb ... (full story)


Kim Jong Un slow walks nuke talks, woos SKorean investors

Kim Jong Un slow walks nuke talks, woos SKorean investors

MOUNT KUMGANG, North Korea (AP) — The two-lane highway south from North Korea's Mount Kumgang into and across the Demilitarized Zone is lined by tall green fences and street lamps that are only turned on for special occasions. Children play on a parallel stretch of railroad that hasn't been in regular use since before they wer ... (full story)


Report: Google planning big New York City expansion

NEW YORK (AP) — Google is planning a major expansion in New York City, according to a report in the Wall Street Journal .
The newspaper reported Wednesday, Nov.7, that the company plans to add space for more than 12,000 additional New York workers. The Journal cited anonymous people familiar with the plans.
The paper sai ... (full story)