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  • Bed Bath & Beyond paid less than $30 million for One Kings Lane, a startup that was once worth $900 millionAt its peak, One Kings Lane was worth $900 million, nearly a member of the exclusive billion-dollar startup club. But when it was bought by Bed Bath & Beyond in June, it sold for about 3% of its peak valuation.According to a new report fromRecode's Jason Del Rey, the home goods website was sold for "less than $30 million."At the time of the acquisition, Bed Bath & Beyond declined to disclose the sale price, saying only that the purchase price was "not material."

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      , Santa Teresita, Central Luzon (Region III), Philippines
  • How are people feeling about the economy?If you were to listen to the managements and CEOs of some of the largest companies in the US, you would assume that the world is melting down.In a round up of the most recent season of quarterly earnings calls, Goldman Sachs strategy research team identified the uncertainty of customers as one of the key themes of S&P 500 managements' commentaries.

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    Thomas Oye

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      , Santa Teresita, Central Luzon (Region III), Philippines
  • 'An unsettled world': The CEOs of America's largest companies are worried about the economyHow are people feeling about the economy?If you were to listen to the managements and CEOs of some of the largest companies in the US, you would assume that the world is melting down.In a round up of the most recent season of quarterly earnings calls, Goldman Sachs strategy research team identified the uncertainty of customers as one of the key themes of S&P 500 managements' commentaries.

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    Thomas Oye

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      , Santa Teresita, Central Luzon (Region III), Philippines
  • A legendary CEO did something unimaginable by today's
    standards, and it tells you everything about how America has changed
     
     
    Allergan CEO Brent Saunders and former
    Merck CEO Roy Vagelos illustrate two eras in pharma.
     
     
    The American corporation has been transformed by globalization and new
    technology. But equally powerful is the belief that on Wall Street and in
    boardrooms the sole responsibility of a corporation is to maximize profits for
    shareholders. Starting this week, Business Insider teams up with public radio's
    Marketplace. Our series, "The Price of Profits," tells the story of
    how this idea changed the US and our lives.
    There's a new way of doing business for most of Big Pharma.
    Instead of relying on their own expensive laboratories, they buy existing
    drugs or their makers and focus on getting treatments through the Food and Drug
    Administration and onto your TV screens. Then they raise prices every year,
    move overseas for tax advantages, and reward shareholders by buying back
    billions worth

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    remove Thomas Oye
    Thomas Oye , Port Area South, National Capital Region (NCR), Philippines
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