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Global Business News for 21 Oct 2018

Warning: This item is fake news

New York Post - 21 Oct 2018 06:00
Warning: This item is fakeDear John: Counterfeit goods coming from China are killing us. Thank you for your recent article about this problem, and I really do hope people are more aware. I have to warn people about... counterfeits on Amazon. It's really disheartening to see people here in the US proactively seek out knock-offs. Maybe you could do...
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Does government save down markets?

New York Post - 21 Oct 2018 05:17
Does government save downDear John: Why the hell didn't that Plunge Protection Team stop the markets from plunging 50 percent or so between 2007-2009? Can't they put a stop to selling at, say, a 20 percent loss or so? Damn!... J.B. Dear J.B.: Who said the Plunge Protection Team didn't intervene to stop the market slide during the...
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Employers who drug test mightThere's a Catch-22 for local companies attempting to create a workplace free of substance abuse. A surprising number of employees -- and some key executives -- are failing drug testing, according to... one human resources expert. "Companies who want to make a cultural statement as it relates to drug testing may mandate it for prospective...
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Employees and execs areNew York City employers are squarely blaming a raging drug epidemic for much of the trouble they have filling jobs in one of the tightest labor markets in a generation. More local prospective workers... are testing positive for substance abuse, or showing up stoned for work, according to industry analysts. And even as weed is...
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Mortgage lenders cut jobs asThe writing is on the wall for US mortgage lenders as their home lending profits tumble -- and it spells major jobs losses for more than 350,000 financial workers. Pink slips are mounting faster than... the Fed can raise interest rates -- the key factor cited for the slowdown as mortgage rates rise -- with...
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The billionaires fuelling aJeff Bezos, Sir Richard Branson and Elon Musk are among a number of entrepreneurs with galactic ambitions.
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Brexit could kill off entireRalf Speth calls for political action as CBI survey finds four out of five businesses have cut investment ahead of EU exit Key industries will be destroyed by a hard Brexit, one of the country's most... powerful chief executives has predicted, amid warnings that Britain's imminent EU exit has dented investment by four in five businesses. Ralf Speth, the boss of Jaguar Land Rover, said that such an outcome would lead to the closure of plants and major job losses as he warned that some exposed industries would have "no way to survive a hard Brexit".
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They were the toast of Reno in the 1950s, when the growing casino industry sparked a boom that for a time turned northern Nevada into the West's top gambling destination. …
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Chancellor set to giveThe move - being 'actively considered' at a ministerial level according to sources - could be introduced from April and would mean an instant reduction in bills for the next two years.
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Measuring something as intangible as a country's image is a tough, if not an elusive, task. But Brand Finance, a company that specializes in putting value to corporate brands, attempted to do just... that by evaluating the countries on three key metrics--goods and services, investment, and society.
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HSA or 401(k)? Which should come first?

Market Watch - 21 Oct 2018 15:05
What to do when you're balancing saving for retirement and the health care that comes with it.
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Some prisons are adding special medical and hospice care.
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Rollover? IRA? There are many options.
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'Planning on being lucky' isn't a viable retirement strategy.
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London: the world's stockmarket

MoneyWeek - 21 Oct 2018 15:00
London could become home to a truly global stock exchange - but only if we welcome exotic and risky flotations, says Matthew Lynn. The post London: the world's stockmarket was first published on... MoneyWeek.
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While there didn't seem to be massive, unexpected problems in the opening days of legal marijuana sales in Canada, it was difficult to determine whether the still fragile distribution network has been... able to keep pace with demand.
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3 Safe Dividends (Up To 9.5%)Dividends or growth? Why choose?
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British Tea Time Tables LeftUK food prices will rise if the UK cannot reach an agreement with the EU over Brexit
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Skepticism is mounting that the alleged masterminds of South Africa's biggest-ever embezzlement of state funds will ever be held to account.
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The company said it has no debt exposure to developers like Aristo, Nahar, Supertech, Radius and Amrapali.
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SUNDAY NEWSPAPER SHARE TIPS:This week, Midas looks at Osirium and updates on Volution. The Sunday Times assesses Horizon Discover and Sunday Telegraph mulls over Electrocomponents.
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The CEO of Mitsubishi UFJ Financial Group's banking arm will not attend the Future Investment Initiative conference in Saudi Arabia, the group said on Sunday, joining a growing list of business... executives to withdraw over concern about the death of journalist Jamal Khashoggi.
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Midterms: Poorest states haveHeading into midterms, Republicans are the party of the poor and Democrats a the party of the rich. Look at state legislatures in the poorest states.        
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Five of top-10 Indian firmsWhile HUL, ITC, Infosys, Kotak Mahindra Bank and ONGC saw addition in their market capitalisation for the week ended Friday, TCS, RIL, HDFC Bank, HDFC and SBI finished with losses
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How today's low taxes canA taxpayer who previously fell into the 15% tax bracket is now taxed at a 12% rate. Retirement investors can and should take advantage. Here’s how.        
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