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Business News

Location American Business News for 17 February 2016

South Africa: The Failed State Risk

Forbes - 17 Feb 2016 16:18
South Africa: The Failed State Risk It seems like only a matter of time before a major emerging market becomes a failed state. Emerging markets are all suffering from the commodity drought, their currencies have been slaughtered, a few are already in reces...
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Bombardier to cut 7,000 jobs

USA Today - 17 Feb 2016 15:43
Bombardier to cut 7,000 jobs Canadian airplane and train manufacturer Bombardier plans to cut 7,000 jobs over the next two years.          
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S&P 500 out of correction as Dow gains 257

USA Today - 17 Feb 2016 23:06
S&P 500 out of correction as Dow gains 257 The Dow is on track for its first three up days in a row since December.          
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For Foundation Capital, Deals Proved Elusive

Wall Street Journal - 17 Feb 2016 19:51
Seven years after launching and having never closed a deal, Dean Barr has shut down the firm.
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The Real Crisis Is for Bank Bonds, Not Banks

Wall Street Journal - 17 Feb 2016 16:48
Buyer beware: the turmoil in European bank debt is more about investors than the banks they invested in.
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Here Comes The Stimulus Cavalry

Forbes - 17 Feb 2016 16:22
Here Comes The Stimulus Cavalry It looks like the cavalry is on its way. Central bankers are now responding to deteriorating market conditions, and it appears we’re looking at a bounce. On Monday, while US markets were closed, Draghi grabbed a microp...
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Does ExxonMobil Really Support a Carbon Tax?

The Huffington Post - 17 Feb 2016 16:17
Does ExxonMobil Really Support a Carbon Tax? ExxonMobil CEO Rex Tillerson (center) and Vice President of Public Affairs Kenneth Cohen (right) claim their company has supported a carbon tax since 2009. Before Kenneth Cohen retired from his post earlier this year as ...
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Will Bernie Sanders End the Fed?

The Huffington Post - 17 Feb 2016 16:15
Will Bernie Sanders End the Fed? While Ron Paul made the Federal Reserve System a topic of conversation during the 2008 presidential cycle, there has not been much talk of the Fed in either the Democrats' or Republicans' debates. At one Democratic debat...
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2 Old Town mansions bought by out-of-state firms

Chicago Tribune - 17 Feb 2016 20:46
2 Old Town mansions bought by out-of-state firms Two buyers recently have purchased large single-family homes in Old Town for between $2.8 million and $3.1 million each. Records show that out-of-state limited-liability companies -- one based in California and one creat...
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The Volkswagen brand was hit in January by its biggest fall in European sales since it was engulfed in a diesel emissions scandal last year.
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22 emojis everyone gets wrong

Business Insider - 17 Feb 2016 21:35
22 emojis everyone gets wrong Have you ever gotten a text that didn't make sense? Maybe the embedded emojis were to blame. As more emojis appear on our phones, the emotions they convey becomes more specific and nuanced. Many of these emojis are bein...
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Producer prices rise as food costs soar in January Prices at the wholesale level rose 0.1% but core prices jump 0.4%.          
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China's central bank injected an additional 10 billion yuan ($1.5 billion) in short-term loans into the banking system Wednesday, in a move aimed at ensuring liquidity after the Lunar New Year.
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Apple Plans $12 Billion Bond Sale for Buybacks and Dividends

The New York Times - 17 Feb 2016 03:03
Apple Plans $12 Billion Bond Sale for Buybacks and Dividends .Apple often uses the debt markets despite having $215.7 billion in cash, largely because most of that is abroad and would be taxed if brought home.
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More Yahoo Employees Leave as the Company Shuts Down Several of Its Editorial Verticals The exits include Dan Tynan, Yahoo Tech's editor-in-chief.
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'The Flash' Season 2, Episode 14 Review: Who Is The Man In The Iron Mask? A mysterious prisoner calls the identity of one of The Flash's key allies into question, and may hint at the true identity of Zoom.
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Lionel Messi scores an 'impossible' goal from behind the net In what Barca TV is calling an "impossible" trick shot, Lionel Messi netted a goal from behind the actual goal in a recent training session. It may not be literally impossible, but the angle is ridiculous. Story by Tony...
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This Sports Illustrated model says everyone should visit Malta -- here's why Model Kate Bock went to the island of Malta for Sports Illustrated, and she says it's a must for any traveler. Story and editing by Adam Banicki Follow INSIDER Travel on FacebookFollow INSIDER on YouTube
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Square Makes Small Business Push For Growth Ahead Of Earnings As Square prepares for its first earnings report next month, it needs to show that it is just more than a payments processor for small businesses.
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U.S. housing starts fell 3.8% to a seasonally adjusted annual rate of 1.099 million units in January, the Commerce Department said Wednesday.
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Gold prices are near steady in early U.S. trading Wednesday, as a bit more profit-taking from recent gains is being countered by traders ?buying the dip? and looking for a bargain. Increased trader and investor risk appe...
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The Plot to Kill the $100 Bill

Wall Street Journal - 17 Feb 2016 02:53
The $100 bill is America's most popular currency denomination. It also could be the most endangered.
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