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Newly tapped state IT head says he's about 'partnerships' http://feeds.bizjournals.com/~r/industry_19/~3/dVjhg-GTl2Q/newly-tapped-state-it-head-says-hes-about.html Jun 09, 2017 - For Eric Boyette, his new role as North Carolina’s secretary of the Department of Information Technology is about partnerships. Boyette, the last of Gov. Roy Cooper’s cabinet picks to be reviewed by the North Carolina Senate, was scheduled to appear before the Senate Commerce and Insurance Committee for his nomination this week. Boyette hopes his prior experience running the IT operations of one of the state’s largest agencies, the North Carolina Department of Transportation, gives him an…
USF professor tapped as only non-astronaut for Mars-related research expedition http://feeds.bizjournals.com/~r/industry_7/~3/DQcxhVFGZkU/usf-professor-tapped-as-only-non-astronaut-for.html Jun 09, 2017 - A University of South Florida professor is the only member of a team not affiliated with a space program that will spend 10 days at the bottom of the Atlantic Ocean simulating conditions in deep space necessary for exploring Mars. Dr. Dominic D’Agostino was chosen based on his research in the USF Hyperbaric Biomedical Research Laboratory exploring how extreme environments affect the human body, according to USF. The honor further puts USF on the map as a research institution that has the potential…
Want To Tap Your Private REIT Investments For Liquidity? Fintech Can Help http://feeds.benzinga.com/~r/benzinga/~3/REmmIp5zXH4/want-to-tap-your-private-reit-investments-for-liquidity-fintech-can-help Jun 09, 2017 -

Investors who need to reallocate capital in their portfolios are typically limited to their liquid holdings, but the fintech revolution is upending even that aspect of finance.

Thanks to fintech, investors looking for liquidity can now tap their private market investments for capital,

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Alibaba Soars on Solid Revenue Outlook: 6 ETFs to Tap http://feeds.benzinga.com/~r/benzinga/~3/j1vwye2cCTo/alibaba-soars-on-solid-revenue-outlook-6-etfs-to-tap Jun 09, 2017 -

Chinese e-commerce giant Alibaba Group BABA lifted investors' sentiment on Thursday after it offered upbeat revenue guidance for fiscal 2018 at its investor day in Hangzhou. It expects an explosive revenue growth of 45–49% in the current fiscal year, or revenues of around $34.3 billion, far above analysts' estimates.

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Ford taps the brakes, offering buyouts to 15,000 http://feeds.bizjournals.com/~r/industry_8/~3/E4hdx0qCPqg/ford-buyout-offers-salaried-employees.html Jun 09, 2017 - Facing pressure to boost its stock price, Ford Motor Co. is offering buyouts to 15,000 salaried employees in North America and Asia. The Detroit Free Press reports that the effort to shrink the global workforce by 1,400 will include voluntary buyout packages that pay from three to 18 months’ pay. Employees have several weeks to weigh the offer, and any that take Ford up on the deal will by gone by Sept. 30. Of those 15,000 workers, 9,600 are in the United States. The buyout targets include employees…
Mobile payments company taps tolling industry veteran as president http://feeds.bizjournals.com/~r/industry_23/~3/Grji78QWGxM/electronic-payments-veteran-joins-bancpass.html Jun 09, 2017 - Austin-based BancPass, a technology company that helps customers make mobile payments for tolls, parking and quick serve restaurants, announced that John Freund will be its new president. Freund is expected to play a large role as the company looks to expand nationally.
Molson Coors Touches 52-Week Low on Weak EBITDA Guidance http://www.zacks.com/stock/news/263720/molson-coors-touches-52-week-low-on-weak-ebitda-guidance?cid=CS-ZC-FT-263720 Jun 09, 2017 - Shares of Molson Coors Brewing Company (TAP) touched a 52 week low of $86.03 on Jun 8, eventually closing at $87.16.
Growth on tap for suburban subdivision http://feeds.bizjournals.com/~r/industry_21/~3/awQ2TRIGZHk/growth-on-tap-for-suburban-subdivision.html Jun 09, 2017 - More new homes could soon be in the works for a growing Birmingham suburb. According to the Shelby County Reporter, Creekwater Homes of Helena is in its third phase of development and is looking to add another 150 homes over a five- to seven-year period. The subdivision is currently accepting reservations for new homes. There are about 50 existing homes on the property, which is being developed by HighPointe Homes & Land. Prices in the subdivision, which is located on Shelby County Highway 93,…
PNC taps new head of Chicago corporate banking team http://feeds.bizjournals.com/~r/industry_2/~3/auC_dwhXQKg/pnc-taps-kelly-cotton-to-head-up-corporate-banking.html Jun 08, 2017 - PNC Bank said today that Kelly Cotton has joined the financial institution as head of corporate banking and market manager for the Chicago region. Cotton will lead a team of managers and bankers who are responsible for middle market and large corporate banking relationships across the Chicago region. Cotton brings with him to PNC more than 30 years of banking experience, including the areas of middle market, asset-based lending, equipment finance, government and institutional and dealer floor plan…
Sprint taps Jay Z's music platform for new promo http://feeds.bizjournals.com/~r/industry_7/~3/JPdAIACA9M8/sprint-taps-jay-zs-music-platform-for-new-promo.html Jun 08, 2017 - Sprint Corp. will offer a new promotion through Jay Z's music streaming service, the company announced Thursday. Sprint (NYSE: S) acquired 33 percent of Tidal in January, promising exclusive content. Through its partnership with Tidal, Sprint will offer its customers a free all-access pass to Tidal HiFi for six months. “We recognize that music streaming is one of the most important services for consumers,” Sprint CEO Marcelo Claure said in a release. “More than two-thirds of mobile subscribers…
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