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Business News

Location American Business News for 15 December 2015

Fed's call: Twin threats could raise red flags

USA Today - 15 Dec 2015 13:35
Fed's call: Twin threats could raise red flags As Federal Reserve nears decision on first rate hike since 2006, Wall Street outlines two risk scenarios.          
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China is headed for a 4.5-day workweek

Business Insider - 15 Dec 2015 03:59
Reuters/Sean Yong China has begun implementing an official policy for a 4.5-day working week as part of an effort to increase domestic consumption and leisure spending. Chongqing is the first city taking steps to reduce ...
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Popular Hair Product Wen Sued for Allegedly Making Women Go Bald Wen Hair Care is endorsed by celebrities but now facing legal troubles
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3M Lowers Full-Year Earnings Forecast

ABC News - 15 Dec 2015 16:41
3M cuts full-year earnings outlook, cites continued slow growth of global economy
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Seattle Becomes First in U.S. to Let Uber Drivers Unionize Seattle becomes the first city in the nation to allow drivers of ride-hailing companies like Uber and Lyft to unionize over pay and work conditions.
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New EU privacy rule could cost U.S. firms billions Fines could be as high as 4% of a company's global revenue          
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Apple fails yet again: $123B vanishes

USA Today - 15 Dec 2015 06:22
Apple fails yet again: $123B vanishes Apple shares dipped below $110 for the first time since October as analysts predict a decline in sales over the holiday season.          
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Chicago-based Cision to buy PR Newswire for $841 million

Chicago Tribune - 15 Dec 2015 16:57
Chicago-based Cision to buy PR Newswire for $841 million Chicago-based Cision will acquire news release distribution company PR Newswire for $841 million, the companies said Tuesday. Cision, a media intelligence company, is owned by Chicago-based private equity firm GTCR. PR N...
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Germany's Boehringer Ingelheim, France's Sanofi eye multibillion health care asset swap deal
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Export-Import Bank reopens but is hamstrung by lack of board members WASHINGTON -- Combustion Associates Inc. needed assistance from the Export-Import Bank to secure a multimillion-dollar contract to build a power plant in Nigeria. But a political dispute forced the 81-year-old federal ag...
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China's Appetite for Semiconductor Chips Not Easily Satisfied

Wall Street Journal - 15 Dec 2015 13:54
Tsinghua Unigroup has entered tricky territory with its bid to buy a stake in Taiwanese chip maker Siliconware Precision.
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Terrorists Use Credit Cards Too -- Anti-Fraud Software Could Catch Them Terrorists use credit cards to travel -- Brighterion's anti-fraud detects behavioral changes which might help stop them.
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Flickr / Audrey Have a cable Internet subscription and noticing slower-than-normal download speeds? If you live in New York, it might not be just you. On Sunday, New York Attorney General Eric Schneiderman invited subscr...
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Asian Shares Steady as Oil Regains Some Ground

Wall Street Journal - 15 Dec 2015 03:40
Asian shares stabilized early Tuesday as jitters about the high-yield bond market receded and oil prices recovered slightly, a reprieve from deep selling across the region a day earlier.
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Natural Gas Sinks to 14-Year Low

Wall Street Journal - 15 Dec 2015 03:26
Natural-gas prices plunged to a 14-year low Monday, as an unusually warm winter saps demand and deals another blow to struggling energy companies.
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Q2 is the most important quarter for the shipping giant because of heavy demand for its services during the holiday season. If all goes well, the company could be handsomely rewarded and could see great gains on its reve...
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Sheryl Sandberg: Racial and gender inequity is everyone's problem Quoting a Facebook mantra, COO Facebook Sheryl Sandberg said that gender and racial “inequities” are “everyone’s problem” in an Ask Me Anything-style forum on Quora. She was answering a question about what men ...
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Where To Invest When The Fed Raises Rates

Forbes - 15 Dec 2015 22:56
Eventually the Federal Reserve will raise rates. The only question is when, not if. Rates can't stay at zero forever. That raises the question: Where is the best place to invest your money when the Fed raises rates?
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Noteworthy Tuesday Option Activity: WDAY, SYNA, NOW Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Workday Inc (NYSE: WDAY), where a total volume of 8,535 contracts has been traded thus far today, a co...
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Ecommerce advertising tool Mabaya scores $2.25 million seed round EXCLUSIVE: Companies pay supermarkets to showcase their products right at eye level; Mabaya wants to help online retailers to do the same. The Tel Aviv startup announced today that it closed a $2.25 seed round to help �...
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Notable Tuesday Option Activity: CVS, AVGO, ETFC Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in CVS Health Corporation (NYSE: CVS), where a total of 25,718 contracts have traded so far, representing approximately...
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More and more companies of every size and from every industry have begun to take the topic of sustainability more seriously these days, which you can define as the practice of cutting back on the environmental impact of ...
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