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American Business News for 25 Jul 2017

6 Ways Great Bosses ThankWhentheir employees put in the hard work, here are some simple ways the best bosses show gratitude for a job well done.
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Sporting goods store sendsWall Street investors may have to switch to decaf. Jittery shareholders chopped a total of $2.5 billion in value from several sporting goods chains and athletic footwear makers on Monday after a... single regional retailer -- which just opened its e-commerce store on July 24 -- reported its 1,000-plus brick-and-mortar stores will report a 10...
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Oil set to continue pushing higher after OPEC meeting draws fresh pledges from Saudi Arabia and Nigeria.
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Helping sentiment has been stabilization for now in the U.S. dollar. Its recent weakness had been pressuring down stocks in Australia and Japan in particular.
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Fake street signs mockingErin Adler, Star Tribune MINNEAPOLIS (AP) — The fatal shooting of an Australian woman by a Minneapolis police officer has sparked the posting of at least two fake street signs warning people of... "easily startled" officers. The Star Tribune reports one sign was spotted in Minneapolis and another in St. Paul over the weekend. The official-looking orange metal signs read: "WARNING: TWIN CITIES POLICE EASILY STARTLED." The signs have a picture of an officer with a gun in each raised hand, shooting in both directions. Justine Damond was unarmed when she was killed behind her home on July 15, after she called 911 to report a possible rape. The officer who shot Damond has declined to be interviewed. The other responding officer says Damond approached the officers' police cruiser shortly after he...
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Trump's Interior DepartmentWikimedia Commons The Department of Interior plans on cutting wait times for oil and natural gas drilling permits on public lands to just 30 days, according to a senior agency official. “We do want... to shrink it down to 30 days and to make all the processes as short as possible, but at the same time, making sure our environmental stewardship is not breached, all of which is completely doable,” Vincent DeVito, energy policy adviser to Interior Sec. Ryan Zinke,toldPolitico on Monday. “We intend to be a better business partner,” DeVito said, “by harmonizing the environmental review process across the board, the one-stop-shopping type of model.” Republicans and drilling proponents have for years criticized the Obama administration for stymieing energy production on federal lands at...
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Bitcoin has avoided tearing itself apart -- for now

Business Insider - 25 Jul 2017 06:09
Bitcoin has avoided tearingLam Yik Fei/Getty Images The world’s most popular cryptocurrency has been facing a challenging problem for several years now: it can only be used to make seven transactions per second. If it’s to... become a truly useful payment system in the future, that’s nowhere near enough—but moves to fix the fault have caused huge and potentially troubling divides in its user base. The issue is well known, but as the currency has continued to grow in popularity, it’s become an ever-increasing threat to its own success. As we’ve pointed out in the past, Bitcoin’s transaction rate is paltry compared with those ofconventional payment systems like, say, Visa, which processes an average of 2,000 transactions per second and can handle up to 56,000 transactions per second if pushed. The good news...
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Declining unemployment and a falling poverty rate is not helping these families.
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The American CustomerYou may not know many people who still use Google+, but that waning group is apparently quite satisfied with the social network. The American Customer Satisfaction Index released its 2017 e-business... report Tuesday, and Google+ sat atop the list of social networks with a score of 81 out of 100, up from 76 last year,...
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Chevron Corp. and state regulators have reached a settlement related to a 2012 fire at its Richmond refinery that will require the company to spend about $20 million on safety …
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The Upside To ExposingThe tech industry has long been guilty of gender inequality and bias - and the misrepresentation and under-representation of women in tech is a topic I've covered many times.
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Under Pressure, BBC ManagementAfter a public stand against income inequality from members of its female workforce, the BBC says work is "already well underway" to close its gender pay gap. But will equality come soon enough at the... U.K. public broadcaster?
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(Reuters) - Activist investor Sandell Asset Management Corp wants Barnes & Noble to try to sell itself again, saying the bookstore chain will benefit from a new owner, the Wall Street Journal reported... on Monday.
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Census Bureau's budget cutsWith its budget a mess and a task force trying to figure out how it will be able to afford to conduct the nationwide census in 2020 -- a head count required by the US Constitution -- the Census Bureau... is cutting back. Because of budget slices, the Census Bureau is dropping trials it was...
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(Reuters) - Domino's Pizza Inc reported better-than-expected quarterly revenue and profit, boosted by store openings, lower food costs and higher supply chain revenues from franchises.
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(Reuters) - Caterpillar Inc reported quarterly profit and revenue that handily beat estimates, helped by strong demand for its construction equipment in China, and the company raised its outlook for... the year, sending its shares up 5 percent.
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Dow faces 'dangerous' summerThe Dow, which has hit records this summer despite pricey stocks and Washington gridlock, faces a two-month stretch that has been historically weak.        
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GM 2Q net earnings fall onGeneral Motors' second-quarter net profit fell more than 40 percent largely due to a loss from the sale of its European unit
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General Motors posts $1.7BGeneral Motors earned a profit of $1.66 billion during the second quarter despite declining U.S. industry sales and rising vehicle discounts.        
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Akzo Nobel's Poor Results Increase Chances of a Deal

Wall Street Journal - 25 Jul 2017 13:51
The paint giant's shares look like a one-way bet. Weak growth makes a fresh takeover bid from U.S. peer PPG ever more probable.
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This Is Why NetApp Stock Is Geared for Higher Stock Prices

Profit Confidential - 25 Jul 2017 13:51
NTAP Stock: A Bull Market in Development I am returning to focus on NetApp Inc. (NASDAQ: NTAP) stock because the price action since February of last year has been a beautiful spectacle to see, and it... serves as perfect textbook example of what bullish price action should look like. The price action and number of technical indicators on the NetApp stock chart are suggesting that the bullish move towards higher prices is set to continue and, therefore, the only view that is warranted on NTAP stock is a bullish one. Before I move forward and outline these developments, it is worth noting that my views on NetApp stock have been generated using the method of. The post This Is Why NetApp Stock Is Geared for Higher Stock Prices appeared first on Profit Confidential.
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SoftBank Tries to Grab the Ride-Hailing Market

Wall Street Journal - 25 Jul 2017 13:42
The Japanese tech giant is spreading its bets on the market. Its returns may depend on big changes in consumer behavior.
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How Warren Buffett Helped OneLaura Rittenhouse, an expert on candor in corporate communications and inventor of the Rittenhouse Rankings, on what she learned from Warren Buffett
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How to Train Your Brain toWe all can use more 'aha' moments. These techniques can help.
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Nobody Really Knows What theNobody really knows what the Fed does, but they think it's bad anyway
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