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Business News

Location American Business News for 3 October 2016

Buffalo Wild Wings Looks Tame Next to Darden

Barron's - 3 Oct 2016 12:04
Buffalo Wild Wings Looks Tame Next to Darden A drop in NFL watching is hurting the wing slinger. Darden has solid free cash flows to support buybacks and dividends.
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How the daily routines of 26 successful people throughout history compare Successful people like routine. Pablo Picasso painted until 3 a.m., then slept until noon. Voltaire spent his morning working from bed. Benjamin Franklin made a resolution for the day after waking up at 5 a.m., as former...
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Why Mark Cuban Doesn't Believe in Mentorship 'Shark Tank' host and Dallas Mavericks owner Mark Cuban says he has never had a mentor -- but he does look up to a few entrepreneurs.
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IRS Data Shows How Far Trump Pushed Tax Rules

NBC News - 3 Oct 2016 01:19
IRS Data Shows How Far Trump Pushed Tax Rules The U.S. tax code has long given entrepreneurs a break for taking risks and losing money. But, in 1995, GOP Donald Trump apparently took that idea to an entirely new level.
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Salesforce snaps up Krux for $700M on eve of Dreamforce Salesforce CEO Marc Benioff sure knows how to grab the spotlight.          
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Asian Stocks Mostly Higher, China and Korea Markets Closed Asian stocks that were open were mostly higher Monday, with Chinese and South Korean trading closed, as investors weighed the prospects of a further U.S. interest rate hike and a report on business sentiment out of Japan
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Dubai's new indoor rainforest features the world's largest artificial tree Instagram/noora73 The Green Planet, a new indoor attraction in Dubai, brings a rainforest to the Arabian Desert. The attraction, which opened in early September, functions as a real ecosystem and boasts over 3,000 sp...
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5 Reasons CMO's Are Failing Their Brands

Forbes - 3 Oct 2016 15:45
5 Reasons CMO's Are Failing Their Brands More and more consumers know exactly what they want from a brand, the lifestyle they desire, the type of brand relationships that matter to them, and how those relationships will inspire them to achieve their personal an...
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Donald Trump's 'Fiduciary Duty' Excuse on Taxes Is Just Plain Wrong The Donald and his surrogates say he has a legal responsibility to minimize tax payments for his shareholders. It's not a good excuse
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Deutsche Bank's Appetite for Risk Throws Off Its Balance

The New York Times - 3 Oct 2016 01:18
Deutsche Bank's Appetite for Risk Throws Off Its Balance Deutsche has cultivated bankers with expertise in cutting-edge financial instruments, but that could be a liability in today's market.
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State officials have charged Morgan Stanley with dishonest and unethical conduct, saying it ran high-pressure sales contests. The contests in Massachusetts and Rhode Island focused on the sales of securities-based …
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Take a Number: A Milestone for Carbon Dioxide in the Atmosphere Scripps said that levels had recently risen above 400 parts per million, and were likely to stay that way "for the indefinite future."
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Cargill looks to double business in India by 2020

livemint.com - 3 Oct 2016 20:43
Cargill looks to double business in India by 2020 Cargill India plans to double retail reach from the current network of 400,000 outlets, and double market share of each of its brands sustaining profitability
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Audi's most popular crossover SUV just got a big tech upgrade AP/Michel Euler Audi unveiled the next generation of its luxury crossover, the Q5, at the Paris Motor Show that opened to the public October 1. With some major tech updates and a revamped design, the new Q5 does not di...
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A police officer posed as a Burger King worker for 2 months to try to bust drug dealers -- and people are furious AP A police officer posed as a Burger King employee in Maryland for two months to try to bust up suspected drug dealing at the restaurant. The operation resulted in two arrests, though it was a relatively small bust: All...
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Bass Pro Shops acquiring Cabela's for $5.5B

USA Today - 3 Oct 2016 15:52
Bass Pro Shops acquiring Cabela's for $5.5B The companies said Bass Pro Shops would "celebrate and grow" the Cabela's brand.          
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Ford, General Motors sales fall in September

USA Today - 3 Oct 2016 15:45
Ford, General Motors sales fall in September The overall industry was expected to step back for the month.          
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Stocks kick off fourth-quarter in red

USA Today - 3 Oct 2016 15:36
Stocks kick off fourth-quarter in red Wall Street begins the final three months of 2016 in negative territory.          
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Twitter shares up on Google's reported interest in bid Google it talking with Lazard Ltd to explore a Twitter purchase, Bloomberg reports.          
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Merrimack CEO Resigns, Company Cuts 22 Percent of Workforce Cancer drug developer Merrimack Pharmaceuticals Inc. is cutting nearly a quarter of its workforce and searching for a new CEO after announcing a restructuring to eliminate more than $200 million in costs
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Dutch bank ING slashing 7,000 jobs

USA Today - 3 Oct 2016 15:06
Dutch bank ING slashing 7,000 jobs The European bank wants to invest more in digital services.          
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AMD launches 7th-generation desktop processors for businesses Advanced Micro Devices is launching its 7th-generation AMD Pro desktop processors for business computers. The AMD Pro chips are accelerated processing units (APUs), which combine a central processing unit and graphics pr...
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