Friday, January 30, 2015

Economic growth slows, Barbie sales are ugly, Jay-Z drops millions on streaming

THE FORTUNE DAILY

Friday, January 30, 2015

The bitter battle over a giant Canadian oil pipeline (no, not Keystone—an even bigger one)


As President Obama weighs a veto of Keystone XL, TransCanada is pushing a project that will move transport more crude from the Canadian oil sands to world markets.

A double blow for Alibaba


Alibaba's latest earnings fell below forecasts, and a scathing report from China's State Administration for Industry and Commerce sent the e-commerce giant's stock prices tumbling Thursday.

Slowing U.S. economy, worker pay likely to give the Fed pause


After this morning's GDP number, the chances that a rate hike is coming in June just got a little smaller.

Mattel's Barbie sales down for a third consecutive year


Iconic doll is facing pressure from Disney's 'Frozen' line, which has become a juggernaut in the toy aisle.

Jay-Z just dropped $56 million on a Scandinavian streaming company


He may not have much in common with Taylor Swift, but are they both challenging Spotify now?

By Adam Lashinsky

Amazon makes money; says little about it


Once again, the e-commerce giant keeps its owners — i.e. shareholders — in the dark about the business details.

By Caroline Fairchild

Expect lots of puppies, little cleavage in Super Bowl ads


With the NFL embroiled in domestic abuse scandals, advertisers are playing it safe.

By Colleen Leahey

How female founders can join the Unicorn Club


Billion-dollar startups led by women are rare. The solution? Same as always: Bootstrap, create a great product, be confident, and hire well.
Wearable technology that controls your brain
Takata airbag recall puts a dent in Honda's profit
Shake Shack's debut and slowing growth — 5 things to know today
The NBA is coming to China, courtesy of Tencent
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