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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

May 08, 2018

Page

18

Microsoft launches AI for Accessibility initiative at Build

Microsoft unveils a $25 million AI for Accessibility program announced by CEO Satya Nadella at the Build conference in Seattle. The five year plan funds seed grants and deeper investments to empower people with disabilities and advance inclusive tech while competing with Amazon and Google.

Microsoft Satya Nadella Seattle Amazon Google Nadella George Orwell Aldous Huxley Brad Smith IBM Nick McQuire CCS Insight Smith Apple Accessibility Fund AI For Earth Initiative Build

Buffett urges index funds over bonds and bitcoin

Warren Buffett, in CNBC remarks after Berkshire Hathaway annual meeting, says investors should use simple stock index funds like the S&P 500 and avoid bonds and cryptocurrencies. He notes Berkshire’s economy is strong, with hiring improving, and discusses Wells Fargo reforms and Apple holdings as he plans to deploy excess cash.

Omaha Neb Warren Buffett Buffett CNBC Berkshire Hathaway Berkshire Charlie Munger Wells Apple Berkshire Hathaway Inc American Express IBM Wells Fargo & Co

Stocks mixed as earnings beat and deals move markets

U S stock activity showed 62 percent of earnings surpassing estimates as Sysco rose 1.9 percent to 63.48 after strong results while Cognizant dropped 5.2 percent on a tepid outlook. Nestle bought Starbucks rights for 7.15 billion dollars sending Starbucks down 0.4 percent and Nestle up 1.4 percent. Athena Health surged 16.4 percent on Elliott bid. Gramercy Property Trust up 15.4 percent after Blackstone offer valued at 7.6 billion. Bond yields little changed. yen and euro move modestly. commodities mixed with gold and copper slight shifts. Europe up, Britain on holiday. Asia mixed with Nikkei largely soft and Hang Seng up.

Starbucks Nestle Athena Health Elliott Management Gramercy Property Trust Europe Germany DAX France Asia Japan Hong Kong

Elliott Management Offers $6.5 Billion to Take Athenahealth Private

Prominent investor Elliott Management Corp. proposes an unsolicited bid around 6.5 billion dollars to privatize Athenahealth. The firm accuses Athenahealth of poor leadership and execution, noting five CFO changes in four years and missed targets. Athenahealth says its board will review the proposal. The Watertown based company develops cloud based medical records and revenue cycle software.

Athenahealth Elliott Management Corp Elliott Management Cohn Paul Singer Watertown Massachusetts Athena Health

Water main breaks at Philadelphia International Airport

A water main break cut water pressure at Philadelphia International Airport with no taps or flush toilets available in terminals. The issue originated outside the buildings and crews work under asphalt in the economy parking lot. Water service restoration time is not yet known.

Philadelphia Philadelphia International Airport Mary Flannery The Philadelphia Inquirer Philadelphia Water Department Flannery

Also Mentioned on This Page

Matt O’brien Associated Press Munger Kinetic Business Windstream Elyria Ove R Office Suite LLC Windstream.com Snc Windstream Intellentae S&p Davidson Sysco Cognizant Technology Solutions
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