Inc.

Number of Registered Lobbyists Falls 14% in 2017

The number of federally registered political lobbyists has fallen by 14 percent thus far in 2017 from the 2016 total. However, based on data provided by the non-partisan OpenSecrets.org, spending by lobbyists is on track to rise by about 3 percent in 2017.

Washington monument flooding drain the swamp (Mark Wilson / Getty)

Snapchat May Have Hit Demographic Ceiling: Report

With the highly anticipated Snap, Inc. initial public offering (IPO) set to raise about $3.2 billion on March 1 by pricing shares at the high end of their expected range, a new report reveals that young social media consumers prefer Instagram, and millennial parents ages 45-to-54 are Snapchat’s only growth demographic.

Outlining the financial details of its initial public offering (IPO), Snap Inc. said it expects net proceeds of some $2 billion

Google Leaves Uber Board as Partners Battle in Self-Driving Cars

Google recently resigned from Uber’s board as the former partners prepare for battle over self-driving cars. Away from California Attorney General Kamala Harris’ effort to mediate the battle between Uber and the state Department of Motor Vehicles over the unpermitted deployment of self-driving cars — which were pulled off the street Wednesday — the corporate fight is intensifying.

Kai Flaffenbach/Reuters

Texas AG Gets Court Order to Stop Sale of Synthetic Drugs

Texas Attorney General Ken Paxton’s office announced he has obtained a temporary restraining order (TRO) against three tobacco stores to stop them from selling synthetic marijuana. The move by the state’s attorney general was made in conjunction with the City of Corpus Christi Police Department.

synthetic marijuana

Apple iPhone Dive: First Decline in History

Despite record worldwide shipments of 403.1 million smartphones in the last quarter of 2015, Apple’s iPhone suffered its first year-end sales decline in history, according to the world’s leading tech advisory firm.

Broken iPhone (Andrew Mager / Flickr / CC)

January Job Cuts Double to Highest Level Since 2009

Despite an apparently level unemployment rate, a wave of corporate downsizing in the retail, computer, and telecommunication sectors pushed job-cuts to their highest level since the 105,696 layoffs last July, according to the latest report by the Challenger, Gray & Christmas, Inc. outplacement services.

jobs