Business News
White House and business sector battle over arbitration
USA Today - 5 May 2016 06:03
CFPB proposal would block some financial product providers from barring consumer efforts to file class-action lawsuits
Apple (AAPL) Hits The Skids. Compared to the S&P 500 It May Be A Bargain.
Forbes - 5 May 2016 06:42
Technically speaking, Apple, Inc. has been quite a loser recently. Between earnings and analysts’ reports, Apple has clearly grown out of favor. With a 52 week high of 132.97, its current trading price of $94.19 is tra...
Oculus's new COO has shipped a gadget before: Fitbit's Hans Hartmann
Venture Beat - 5 May 2016 01:51
Oculus announced today that it has brought on board Fitbit’s Hans Hartmann as its new chief operating officer, replacing Laird Malamed who had assumed that post since the company’s founding. Malamed will be taking on...
New York state pension leader calls hedge fund fees 'unfair'
New York Post - 5 May 2016 05:48
LOS ANGELES -- The chief investment officer of the New York state pension fund doesn't like the fees hedge funds charge to manage money. Vicki Fuller, who oversees the $185 billion New York State Common Retirement Fund, ...
Apple, Facebook and other tech firms urge presidential candidates to support encryption as 'critical security tool' and more
Venture Beat - 5 May 2016 05:24
(Reuters) – Thirteen U.S. industry groups representing technology companies Amazon, Uber, Apple, Facebook and others are pushing for the next U.S. president to support the Trans-Pacific Partnership (TPP) trade deal and...
Oprah's magic returns to Weight Watchers' stock
New York Post - 5 May 2016 05:16
Weight Watchers' stock got a tad fatter Wednesday -- but the portfolios of many investors who followed Oprah Winfrey into the company remain a little light. The company's shares gained almost 13 percent in after-hours tr...
Saudi Oil Confounds The Skeptics (Who Remain Unrepentant)
Forbes - 5 May 2016 12:55
Many question the health of the Saudi oil industry, without realizing that concerns were never based on serious analysis. Nor have the skeptics owned up to their errors.
China to invest $11.9 billion in aviation infrastructure in 2016: Xinhua
Reuters - 5 May 2016 06:37
SHANGHAI/SINGAPORE
Baidu's Ad Business Heads For Shakeout After College Student Death
Forbes - 5 May 2016 06:21
Following a massive drop yesterday in Baidu’s share prices, China’s largest search engine operator may have little choice but to rein in one of its most lucrative sources of revenue after the death of a 21-year-old s...
Here's how the new Spider-Man star got ripped for the role
Business Insider - 5 May 2016 23:31
Anthony Harvey/Getty English actor Tom Holland, 19, has been hard at work to achieve his Spider-Man look for "Captain America: Civil War," in which he makes an appearance. Best known for starring in "Billy Elliot the M...
Mortgage rates retreat following weak economic data
Washington Post - 5 May 2016 17:08
The 30-year fixed-rate average slid to 3.61 percent.
Proposed rules could make it easier for consumers to sue banks
Washington Post - 5 May 2016 17:08
On Thursday, the Consumer Financial Protection Bureau unveiled rules targeting arbitration clauses, little known agreements that limit consumers' options for suing companies.
Windows 10 is now on over 300 million devices, upgrade will cost $119 after July 29
Venture Beat - 5 May 2016 16:25
Microsoft today announced that its Windows 10 operating system has now been installed on more than 300 million devices. That’s up from the “more than 270 million devices” milestone announced on March 30. “We're s...
Currencies: Dollar rises against euro for third day after jobless-claims report
Market Watch - 5 May 2016 15:55
The U.S. dollar stretches gains against its main rivals into a third day ahead of remarks from a host of Federal Reserve officials later Thursday as well as a widely watched report on April job gains due Friday.
One number in Whole Foods' earnings report should terrifying investors (WFMI)
Business Insider - 5 May 2016 15:42
AP Whole Foods investors should be worried. The company reported second-quarter earnings on Wednesday that were a mixed bag. Earnings per share beat analyst expectations, but sales at stores open at least a year fell 3% ...
Apple: It's Not What Management Says, It's What They Do
Forbes - 5 May 2016 10:43
Apple management seems to have their fingers stuck on the sell button
U.S. bullet train proposals shun public funds, favor private cash
Reuters - 5 May 2016 07:15
(Reuters) - It took years of lawsuits and political battles for California to finally break ground last year on the nation's first bullet train, which aims to connect San Francisco to Los Angeles by 2029.
Panama Canal expansion exposes U.S. infrastructure, shipper woes
Reuters - 5 May 2016 07:14
(Reuters) - The $5.2 billion expansion of the Panama Canal was expected to make U.S. East Coast ports more competitive for cargo ships carrying televisions, tennis shoes and other products from Asia.
What's Behind China's Worldwide Real Estate Shopping Spree?
Forbes - 5 May 2016 06:17
Why is foreign real estate an attractive investment for Chinese funds, insurance firms, and even individuals? Real estate offers a relatively safe place to put your money if you have plenty of it - without the need to be...
How to Hire a Millennial
inc - 5 May 2016 16:30
They now make up 50 percent of the work force, and if you want to grow your company, you're going to need them.
Yelp's Solid Quarterly Results Push Stock Higher
Forbes - 5 May 2016 22:30
The local business ratings and reviews site beat Wall Street estimates on both the top and bottom line.
How To Stimulate Innovation And Balance As A Global CFO
Forbes - 5 May 2016 15:10
In a recent survey of senior finance professionals, IMA (Institute of Management Accountants) found that just 28% of respondents were either “extremely” or “very” satisfied with their work-life balance. Further, ...