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Business News

Location American Business News for 22 March 2016
Top local car maker Geely isn't competitive in its home market and is exposed to troubled international markets.
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The first thing a pro baseball player bought with his $2 million signing bonus cost $14 Mitchell Layton/Getty When Daniel Norris signed his first pro baseball contract with the Toronto Blue Jays in 2011, it came with a sweet $2 million signing bonus. Naturally, the 18-year-old straight out of high school we...
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In Twin Cities, How Many Stadiums Are Enough?

Wall Street Journal - 22 Mar 2016 12:34
The Twin Cities of Minneapolis and St. Paul have been an epicenter of the U.S. stadium-and-arena boom, rolling out five major sports facilities since 1990 that together cost more than $2 billion. Now the neighboring citi...
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Oculus shows developers how it's making the App Store for VR The Oculus Rift headset ships in one week, and the virtual reality company is working to ensure it’ll have plenty of content ready to go when people plug in their Rifts for the first time. To help developers distribute...
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Donald Trump is leading big in 4 of the most important states left on the primary map Getty Images Of the four states with the largest delegate totals remaining, GOP frontrunner Donald Trump is leading them all, as the Republican presidential field heads into another election day Tuesday. Polls show the r...
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Is Valeant Pharmaceuticals Done Or Does Hope Lie In The Assets? A rush for the exits too soon?
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Global Stocks Lower After Brussels Explosions

Wall Street Journal - 22 Mar 2016 12:44
Global stocks edged lower and haven assets gained Tuesday as investors reacted to early reports of explosions in Brussels.
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As U.S. stocks rise, old headwinds persist

USA Today - 22 Mar 2016 05:33
As U.S. stocks rise, old headwinds persist Despite a 12% rally off of the February lows, U.S. stocks still face many of the headwinds that hobbled shares earlier this year.          
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U.S. Supreme court agrees to hear Samsung-Apple patent fight (Reuters) – The U.S. Supreme Court on Monday stepped into the high-profile patent fight between the world’s two fiercest smartphone rivals, Apple and Samsung, agreeing to hear Samsung’s appeal of what it contends w...
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Most of us would probably prefer that nobody found out if we got hacked. Not so for Julie Brill, a commissioner at the Federal Trade Commission who really wants you to know about the time she fell for an email phishing s...
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What a Donald Trump Presidency Would Really Mean for Small Business Small business owners in Atlantic City say Trump's years in the casino industry are an important indicator for his potential presidency, and shouldn't be overlooked.
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Google will kill its Chrome app launcher for Windows, Mac, and Linux in July Google today announced plans to kill off the Chrome app launcher for Windows, Mac, and Linux in July. The tool, which lets users launch Chrome apps even if the browser is not running, will continue to live on in Chrome O...
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Ex-Dividend Reminder: Deutsche Bank Contingent, Dollar General and Vail Resorts Looking at the universe of stocks we cover at Dividend Channel, on 3/24/16, Deutsche Bank Contingent Capital (NYSE: DKT), Dollar General Corp (NYSE: DG), and Vail Resorts Inc. (NYSE: MTN) will all trade ex-dividend for t...
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IRS Bounty Hunters Should Not Waste Time On FBAR Penalties I consider hiding money offshore a particularly pernicious form of tax avoidance.  I also find the concept of IRS rewards for whistleblowing very disturbing. So it was tough to know which way to root in the most recent ...
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Great Businesses Look Beyond Customers And Investors Businesses can measure many misleading numbers. A company might show healthy profits, but be losing customer loyalty in the long-run. Another might show solid top-line growth, but could be struggling to retain their top ...
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Nike shares slide 6% on mixed earnings

CNBC - 22 Mar 2016 23:55
The sportswear giant beat expectations with earnings of 55 cents per share, but its $8.03 billion in revenue disappointed Wall Street.
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Nike Profit Jumps 20% Even As Currency Headwinds Persist Nike's profit rose by double digits in the third quarter, topping Wall Street estimates.
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Miitomo isn't printing money for Nintendo yet, but investors don't care Nintendo’s first mobile game is the most downloaded smartphone application for iOS and Android in Japan, but that isn’t exactly bringing in the big bucks. Miitomo is the 176th highest-grossing iPhone application in J...
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Govt's reliance on regressive indirect taxes is increasing The chart shows that the share of direct taxes as a proportion of gross tax revenues of the central government has been coming down since 2013-14
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Colgate's brush with Patanjali

livemint.com - 22 Mar 2016 22:30
Colgate's brush with Patanjali Excessive reliance on oral care was always a risk for Colgate-Palmolive, but Patanjali's emergence as a formidable competitor brings this risk to the fore
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Bright Spot in Energy: Oil Traders Book Record Profits

Wall Street Journal - 22 Mar 2016 22:28
Businesses that move oil and gasoline around the globe are benefiting from volatility in crude prices.
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What the new green norms for thermal power plants imply According to industry estimates, firms need to spend anywhere between Rs0.5 crore and Rs1.5 crore per megawatt to meet the new emission norms
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