Activist investor Daniel Loeb’s Third Point LLC bought new stakes in Microsoft Corp. and JetBlue Airways Corp. and sold off holdings on T-Mobile US Inc. and Take-Two Interactive Software, among other investment decisions, according to a filing late Tuesday. Read More...
American City Business Journals
Why Walmart is shuttering its longtime Portland office, other U.S. tech sites
Retail giant Walmart (NYSE: WMT) is closing three of its tech hubs including its outpost in Portland, the company confirmed to the Business Journal. The retailer is closing offices in Portland, Austin and Carlsbad, California, as first reported by the Wall Street Journal. It is offering employees relocation options to other tech offices in either San Bruno, California, where the global tech division is based, or at the retailer’s headquarters in Bentonville, Arkansas.
