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Business News

Location American Business News for 19 June 2016
Box Office: Kevin Hart And Dwayne Johnson's 'Central Intelligence' Opens With $34.5M Weekend Kevin Hart scored his eighth $20 million+ opening weekend in just over four years.
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3 astronauts return to Earth after six months aboard the International Space Station (Reuters) – A soyuz capsule bringing back three astronauts from the International Space Station, including the first to represent the British government, made a safe parachute landing on the steppe near the Kazakh city...
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Ford GTs Storm Lemans! 50 Years After Its Historic Win, Ford Goes Back To Do It Again Can Ford really return to the 24 Hours of Le Mans and pull off a win on the 50th anniversary of its first victory at the storied European circuit? Or is it too much of a storybook ending to ask for? Oh come on, you alrea...
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China's President Xi Jinping said Sunday his country's relations with Serbia should serve as an example for other nations in central and southeast Europe where the Asian power is seeking to boost ties. …
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'Brexit' could send shock waves across U.S. and global economy Brexit would be "bad for the U.K., it would be bad for Europe, it would be bad for the world, including the United States," a top economics official said.
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UBS could be for sale soon

New York Post - 19 Jun 2016 03:00
UBS could be for sale soon The first casualty of the wealth management wars may be UBS, according to an ex-Swiss banker. One of Wall Street's most persistent rumors, says Alois Pirker, a widely respected analyst at the Aite Group, is that UBS' New...
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Brexit would make the US dollar more valuable

New York Post - 19 Jun 2016 01:30
Brexit would make the US dollar more valuable What's all this talk of Brexit and what does it mean to the average New Yorker? Well, if you yearn for a London pub crawl or the sight of Big Ben, take note. A positive outcome for Thursday's Brexit referendum, while thr...
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'Finding Dory' makes box office history with $136 million opening weekend Pixar Good things come to those that wait — at least in the case of a forgetful blue fish named Dory. Some 13 years after "Finding Nemo" first hit theaters, Pixar and Disney's sequel "Finding Dory" made a huge splash,...
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Riding Hillary's Coattails: Where Has She Taken Us? Hillary Clinton has been a flashpoint ever since 1992 when she embarked upon a political career in the public eye beginning as First Lady. You may love her. You may hate her. But you cannot deny she has shown women how t...
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An attack on 'El Chapo' Guzmán's mother's house may be a sign of a looming cartel war PBS Frontline/Drug Lord: The Legend of Shorty On Saturday, 150 heavily armed men reportedly stormed into the community of La Tuna, the home of Joaquín "El Chapo" Guzmán's mother in Mexico's Sinaloa state, looting homes...
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Here are 3 simple reasons why traditional retailers are doomed (IBUY, XRT, AMZN, BBY, SHLD, M) Flickr / schizoform Here's some not-so-shocking news: traditional department stores are still struggling to lift sales. Sales in May fell 3.9% compared to the prior year, worsening from a 2.9% drop in April, Morgan Stan...
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British voters head to the polls on Thursday to decide if the country should stay in the European Union or leave it. With the stakes high and the issues complex, the AP explains the ins and outs of the UK-EU relationship...
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Chicago and Airbnb have battled for months over the proposed tightening of short-term rental rules in the nation's third largest city, but the debate has also quietly rippled out into some of the smaller communities acro...
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Defense Secretary Carter thanks teen for hacking the Pentagon (Reuters) – High school student David Dworken spent 10 to 15 hours between classes on his laptop, hacking U.S. Defense Department websites. Instead of getting into trouble, the 18-year-old who graduated this week was o...
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Channing Tatum to pitch new vodka brand in Cannes

New York Post - 19 Jun 2016 03:15
Channing Tatum to pitch new vodka brand in Cannes "Magic Mike" hottie Channing Tatum is planning to get a distinctly American vodka off the ground in Cannes. The new product, called Born and Bred, is made from Idaho potatoes and glacial water from the Grand Teton mounta...
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Did Carl Icahn slip up on Herbalife settlement talks?

New York Post - 19 Jun 2016 02:15
Did Carl Icahn slip up on Herbalife settlement talks? Carl Icahn tells On the Money he did not, during an interview on CNBC last week, reveal any confidential information about a possible preliminary settlement agreement between Herbalife and regulators. However, some on Wa...
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Apple's Bozoma Saint John stole the show at WWDC

New York Post - 19 Jun 2016 00:29
Apple's Bozoma Saint John stole the show at WWDC Apple music executive Bozoma Saint John was the rock star at the company's developers conference last week. Saint John -- who came to the iPhone maker in the Beats deal -- had the geek-squad crowd up on their feet, which...
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Treasury Auctions Set for the Week of June 20

The New York Times - 19 Jun 2016 23:23
The following tax-exempt fixed-income issues are scheduled for pricing this week.
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These chatbots failed so yours doesn't have to

Venture Beat - 19 Jun 2016 23:18
These chatbots failed so yours doesn't have to GUEST: In one of the year's most telegraphed tech reveals, Facebook announced in April that it was opening its Messenger APIs so brands could deploy chatbots to create rich, automated customer engagement on the app. But ...
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Google could be building another Chromebook Pixel

Venture Beat - 19 Jun 2016 23:15
Google could be building another Chromebook Pixel Google appears to be planning a manufacturing run for another new first-party Chromebook Pixel laptop. The company published a job posting last month entitled “Quality Engineer, Chromebook Pixel.” The person selected...
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Minnesota-based GNP Co. recalls 27 tons of chicken

Miami Herald - 19 Jun 2016 23:14
Minnesota-based GNP Company is recalling more than 27 tons of chicken after contaminants were detected. …
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The Tech Triangle of China-Israel-US that I wrote about last week didn't include India, and I heard about it.
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