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Business News

Location American Business News for 20 April 2016
BlackBerry CEO Says Tech Companies Should 'Comply With Reasonable Lawful Requests' John Chen made a defensive statement in response to a recent revelation that clearly points toward BlackBerry aiding Canadian law enforcement to access all secure BBM and PIN messages of every BlackBerry device. The stat...
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A lawyer has made it his mission to debunk health fads

Business Insider - 21 Apr 2016 01:24
A lawyer has made it his mission to debunk health fads Mario Anzuoni / Reuters Canadian lawyer Tim Caulfield has made it his mission to expose fraudulent health advice — particularly when it comes from Hollywood stars. He’s a relentless debunker on Twitter. And his book ...
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Malaysia Airlines CEO quits early

CNN - 20 Apr 2016 09:50
Malaysia Airlines CEO quits early Christoph Mueller is resigning "due to a change in his personal circumstances," the Malaysia Airlines' owner said. He will leave after less than half of his three-year contract.
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UFC superstar Conor McGregor has left the fight world in chaos with sudden retirement announcement 2 months before UFC 200 Eric Jamison/AP UFC superstar Conor McGregor caused a stir in the sports world on Tuesday when he tweeted out of the blue that he was retiring. The reaction was mixed. On one hand, McGregor is just 27, perhaps the second...
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Oil workers in Kuwait have ended a three-day strike that had almost halved crude output in the Organization of the Petroleum Exporting Countries' fourth-largest producer, after the government said it wouldn't negotiate w...
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Chinese group buys Lexmark for $3.6bn

BBC - 20 Apr 2016 09:48
US printer manufacturer Lexmark is being bought by a Chinese-led group for $3.6bn (£2.5bn).
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Hamilton stays on $10 bill; Tubman goes on $20

Miami Herald - 21 Apr 2016 01:58
Harriet Tubman, an African-American abolitionist who was born a slave, will stand with George Washington, Abraham Lincoln and Benjamin Franklin among the iconic faces of U.S. currency. …
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Reuters/Damir Sagolj The way we get around is constantly transforming. Uber is worth potentially billions, GM is setting up a separate business unit, Maven, to focus on ride-sharing, Ford is calling itself a "mobility" c...
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Why I wake up at 4 a.m. every day

Business Insider - 20 Apr 2016 21:29
Why I wake up at 4 a.m. every day Take Back Your Health Conference/flickr I recently read an opinion piece by Aetna CEO Mark Bertolini in which he extolls the virtues of greeting the sun just as it's rising each morning: "Every day I get up at 5:30 for m...
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Jet.com projects $1 billion in sales by next month

Business Insider - 20 Apr 2016 07:00
Jet.com projects $1 billion in sales by next month Jet.com projects Jet.com projects $1 billion in sales by next month billion in sales by next month This story was delivered to BI Intelligence "E-Commerce Industry Insider" subscribers. To learn more and subscribe, pleas...
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Stock Market Rallies To Close At Year High, But Options Prices In The S&P Indicate Investors Are Wary The Stock Market, as represented by the S&P 500, showed continued strength on Tuesday despite a lower close in the NASDAQ 100. Weakness on earnings and subscriptions caused Netflix (NFLX) to fall more than fourteen dolla...
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Here's Facebook's bold plan for the next decade

Business Insider - 21 Apr 2016 01:58
"Today we're going to do something a little different," Facebook (NASDAQ:FB) CEO Mark Zuckerberg told the audience at its annual F8 developers conference. "We're going to walk through our roadmap for the next 10 years." ...
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United Continental reported first-quarter earnings that topped analyst estimates, sending its shares higher in after-hours trade.
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American Express reported better-than-expected earnings Wednesday as it saw an increase in customer acquisition.
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Yum Brands up 5% following earnings beat

CNBC - 21 Apr 2016 00:15
Yum shares went higher Wednesday after the company announced better than expected earnings and China growth.
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Saudi Arabia's Threatened Divestiture Of U.S. Assets Wouldn't Hurt As Much As You Think Could a Saudi bond dump send U.S. interest rates skyrocketing and send the American economy into recession? Well, U.S. Treasury Department data shows that Saudi's holdings in U.S. Treasuries represent not even a third of...
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Noteworthy Wednesday Option Activity: NSC, NOW, BMRN Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Norfolk Southern Corp. (NYSE: NSC), where a total volume of 16,622 contracts has been traded thus far ...
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Noteworthy Wednesday Option Activity: SPLK, SLB, LLTC Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Splunk Inc (NASD: SPLK), where a total volume of 4,913 contracts has been traded thus far today, a con...
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Noteworthy Wednesday Option Activity: N, EFII, BAC Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Netsuite Inc (NYSE: N), where a total of 2,473 contracts have traded so far, representing approximately 247,300...
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VEREIT (VER) Passes Through 6% Yield Mark

Forbes - 20 Apr 2016 23:19
VEREIT (VER) Passes Through 6% Yield Mark Looking at the universe of stocks we cover at Dividend Channel, in trading on Wednesday, shares of VEREIT Inc (NYSE: VER) were yielding above the 6% mark based on its quarterly dividend (annualized to $0.55), with the st...
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State energy firms to issue masala bonds in UK in bid to raise $1 billion The funds will be used for financing the planned expansion of domestic renewable energy capacity
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Sebi likely to ease mutual fund advertising, promotion norms Rules may also be relaxed on standard risk statements and the format of commercials, fund branding activities
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