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Business News

Location American Business News for 3 August 2016
4 Ways to Profit From a Coming Jump in Inflation S&P Global foresees rising inflation. Using ETFs, investors can buy TIPS, gold and baskets of commodities.
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Did Regulatory Meddling Cause Bitfinex Hack?

American Banker - 4 Aug 2016 00:45
Did Regulatory Meddling Cause Bitfinex Hack? The situation turns on whether the CFTC inadvertently pushed Bitfinex to adopt a weaker security system than it had been using. However, the way the bitcoin exchange used the new system was significantly flawed, security...
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Why BOE's Brexit Easing Might Miss the Mark

Wall Street Journal - 3 Aug 2016 16:46
The Bank of England is expected to act Thursday, but the time frame for the impact of Brexit is long and ill-defined.
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Saatchi & Saatchi chairman resigns over remarks Saatchi & Saatchi chairman Kevin Roberts has resigned after saying that more women don't become bosses because they prize work satisfaction over "vertical ambition" to move up.
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Four tactics for tackling seasonality in your business Four tactics for tackling seasonality in your business - ways to work smartly over the summe
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U.S. companies added 179,000 jobs last month, according to a private survey, a steady gain that suggests hiring remains healthy after a sharp fall-off in the spring. …
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It's Not What You Say to Customers, But How Often You Say It Consistent marketing doesn't mean your offer gets better with each try, but it increases the odds of making a pitch when your customers are actually listening.
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Irish exporters feel chill from Brexit fall in sterling Irish Business and Employers Confederation fears job losses amid 'currency crisis' Business activity and jobs in Ireland are already under threat because of the fallout from Brexit, a key Dublin trade body has warned. Th...
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Standard Chartered 'exits clients' in efforts to clean up its business Chief executive announces bank has been rooting out some of its customers in the wake of regulatory investigations Standard Chartered has been rooting out some of its clients as it cleans up its business in the wake of r...
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4 stats about the US economy that will make anyone worried Laurence Griffiths/Getty Images Numbers can do lots of things. One thing numbers are good at is making you nervous about some vague point in the future based on what some sets of statistics have previously said about the...
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China's all-important services sector is slowing down

Business Insider - 3 Aug 2016 07:01
China's all-important services sector is slowing down GOH CHAI HIN / AFP / Getty Images China’s services sector, now the largest part of the economy, is slowing.The latest Caxin-Markit services purchasing managers’ index (PMI) fell by one point to 51.7 in July, indicati...
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Here's why stock investors should be excited by the Olympics Reuters/Bruno Kelly The XXXI Olympiad, known as Rio 2016 or the 2016 Summer Olympic games, is now days away from starting. The athletes are primed, as too are Olympic enthusiasts, preparing to endure two weeks of sleep d...
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21st Century Fox Q4 revenue up 7% on cable networks' strength Twenty-First Century Fox, the broadcasting company that owns its namesake broadcast network and Fox News, reported Wednesday a sharply higher fiscal fourth quarter net income as revenues at its all major business lines, ...
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This future Medal of Honor recipient started a spy ring while held in a North Vietnamese prison We Are The Mighty via US Air Force Two sonic booms told the American prisoners in Vietnam’s infamous Hoa Lo prison – the Hanoi Hilton – their escape plan was a ‘go.’ On May 2 and 4, 1972, two SR-71 Blackbirds o...
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7 strange and surprising ways that humans have recently evolved Wikimedia Commons When we learn about evolution in school, it feels old and slow. (Charles Darwin's impressive beard later in life probably doesn't help here.) But evolution is very much still happening today — and it'...
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Study: Companies Not Likely to Offer Pay Raises in 2017 New data from the Conference Board suggests that firms will only raise their compensation budgets by the median of 3 percent in 2017 -- the same rate as in the past six years.
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Ignore the Election Year Gloom: U.S. Manufacturing Is Thriving Yes, employment is heading inexorably down, but production is up.
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The longtime owner of Boston's largest taxi company has agreed to pay more than $2.3 million in fines after being charged with payroll tax evasion, employing people who are in the country illegally and failing to pay ove...
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Some of the quickest ways to attract high-paying clients are to host seminars, give speeches and get published.  But why should potential clients listen to you?
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Unpopular brands: which ones are you boycotting?

The Guardian - 3 Aug 2016 16:50
Unpopular brands: which ones are you boycotting? Which brands have you boycotted and why? Share your experiences with us After accusations that Philip Green has been enriching himself at the cost of BHS one reader wrote to ask Hadley whether she should stop buying clot...
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The inventor's guide to securing a provisional patent to protect your big idea Patents are still critical to attracting investors - so don't think about inventing anything without exploring the patent process.
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The Big Question Entrepreneurs Should Constantly Ask Themselves Alejandro Velez, co-founder of Back to the Roots, explains why founders should put their mission before their products.
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