American Business News for 18 Nov 2015
Many small businesses tolerate the use of mobile devices by employees. Others encourage it. But few have embraced mobile completely and made it part of their DNA.
While many Muslims around the world have publicly condemned the terrorist attacks that struck Paris on Friday, others have argued that Muslims didn't need to specifically speak out against the... attacks.
Perhaps in theory there are ways to fix tax avoidance, but they aren’t politically feasible.
Amazon will offer new holiday deals as often as every five minutes starting Friday and running through the day after Thanksgiving.
Asian stocks higher as shock of Paris attacks fades, US inflation points to possible rate hike
A U.S. federal judge has ordered Bank of China to turn over account records tied to a luxury-goods counterfeiting case, but the lender says that would violate Chinese law.
If the Starwood-Marriott merger goes through, there will be 19 full service brands from Ritz-Carlton and St. Regis to Renaissance, Le Meridien, Sheraton, Marriott, Westin, AC, Autograph, Bulgari and... more. Should they all survive? Or is having so many brands confusing to consumers? We asked the experts.
Yahoo is the latest company to be involved in the New York State Attorney General's investigation of daily fantasy sports sites. In July, Yahoo launched a daily fantasy sports service that allows... users to win cash prizes. Now it has received a subpoena from the New York AG, according to a report in the New York Times citing an anonymous source. New York Attorney General Eric T. Schneiderman ordered daily fantasy-sports betting websites DraftKings and FanDuel to stop accepting bets in the state last week. New York's AG has said that FanDuel and DraftKings are "nothing more than a rebranding of sports betting," according to the New York Times report. Earlier on Tuesday, FanDuel announced on its site on Tuesday that it would suspend operations in New York, proving people in the...
Berkshire Hathaway doesn’t usually invest in technology stocks. But it has been investing in IBM, doubling down, as the stock dropped in the third quarter. Apparently, Mr. Buffett sees beyond... IBM’s string of declining quarterly revenues to corporate developments other investors missing. While we cannot speak for Mr. Buffett, we can point to several metrics that make IBM a solid long-term investment. IBM’s Key Financial Metrics
ConAgra, Staples, Norfolk Southern, Target and PMC-Sierra are big market movers
UPDATE: Nov. 18, 2015, 4:36 PM ET COLORADO SPRINGS, Colo. (AP) -- Leaders of the World Anti-Doping Agency have declared Russia's anti-doping agency out of compliance.
Policymakers voiced less concern about global weakness and market turmoil, minutes show.
Markets are returning their focus to interest rates.
Target profit jumps as customer traffic picks up, but at a slower pace
The NHTSA is shifting the Takata air bag recall into high gear, setting a priority list of vehicles in high-humidity states to be fixed first.
Google lowered the minimum price of apps in Google Play Store in a move to expand its user base worldwide. At least 17 countries are affected by the change following a successful pilot launch in India... earlier this year.
Foot Locker , the retailer of athletic shoes and apparel, reports earnings before the opening bell on Friday, hoping to continue its eighth straight quarterly winning streak. It won't be easy.... Although the stock has been under a positive technical indicator known as the "golden cross" since Nov. 27, 2013, Foot Locker has fallen into bear market territory since hitting an all-time high on Sept. 25. A "golden cross" occurs when the 50-day simple moving average rises above the 200-day simple moving average, indicating higher prices lie ahead. The stock's weekly chart had tracked upside momentum since it last tested its 200-week simple moving average during the week of Sept. 24, 2010. Foot Locker, like many retailers, has been on a stock roller coaster and would need positive reaction to its...
Does Amazon owe all its successes to Google?
Square's IPO is slated to price late today, and that's expected to signal how other tech startups could get treated if they try to go public. Plenty of market watchers see everything ending quite... badly.
WASHINGTON (AP) -- A Dallas company that had been ordered to recall a dietary supplement pill because of links to liver damage has been indicted along with several of its executives on charges that... they intentionally misbranded their products and deceived consumers, the Justice Department announced Tuesday. The indictment accuses USPlabs LLC of importing chemicals from China and then lying about the nature and source of those ingredients through misleading marketing labels, part of a pattern of deception that prosecutors say was designed to put products on store shelves regardless of safety risk and to satisfy consumer demand for its lucrative business. "They falsified labeling and marketing materials to convince consumers, who prized natural ingredients, to buy their products," said...
Japan shares led most Asian markets higher Wednesday as the yen touched its weakest level against the U.S. dollar in more than a week.
Walmart eked out a small victory -- and Wall Street exhaled. The world's largest retailer sparked a relief rally on Tuesday when it reported better-than-expected quarterly results on the heels of a... bad week for retail stocks in which Macy's, Nordstrom and others took a nose dive. Investors cheered Walmart's meager gains in the third...
The most typical of Parisian scenes -- sharing of drinks among friends -- became a show of defiance after the terrorist attacks.
Marriott has just announced that it will acquire Starwood for over $12 billion, thus creating the largest conglomeration of brands in the hospitality industry.