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Business News

Location American Business News for 13 October 2016
Starbucks Is Maintaining Its Competitive Edge A number of questions were raised, and are being raised, on Starbucks’ growth trajectory. A behemoth like it ought to slow down eventually. With the June quarter’s results coming in with lower than expected comparabl...
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Likely impact of Thai king's death economy unclear

Miami Herald - 13 Oct 2016 16:53
Thailand's stock market and currency were shaken as long-ailing King Bhumibol Adulyadej's health worsened this week. Now, after his death Thursday at age 88, the outlook remains murky. Here are …
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$100 incentive offered to trade in Note 7 Samsung is offering $100 credit to those who trade in their faulty Galaxy Note 7 for any other Samsung phone.
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The 3 Reasons Why Your Dog's Poop Is Making This Company Rich Rover, poop, penelope, dog-walking
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How Wells Fargo is trying to regain customers' trust Wells Fargo & Co. is trying to regain customers' trust in the wake of the biggest banking scandal since the financial crisis. On Wednesday, customers received a letter from the bank saying that its actions "did not live ...
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How an Army Officer's Love of Pac-Man Turned Into a $19 Million Business After a less-than-ideal interaction with her commander--and 14 weeks of intense training--Vaseal Montgomery ended up as chief information officer for the U.S. Army's surgeon general.
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Marissa Mayer's days at Yahoo appear to be numbered

New York Post - 13 Oct 2016 05:40
Marissa Mayer's days at Yahoo appear to be numbered With one piece of Yahoo sold and talks underway to sell a more valuable second asset, Chief Executive Marissa Mayer's days appear numbered as her company disappears. Despite Yahoo's recent hacking scandal, Verizon has co...
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OPEC, Russia Play Oil Markets Game, But Nobody's Laughing On Tuesday, in a move that surprised many, commodity research heavyweight Citigroup said that there was a real chance that OPEC's oil production cut be put in place, and that it would move markets well into next year. Ot...
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Goldman Sachs Launches Personal Loan Service

ABC News - 13 Oct 2016 19:02
Goldman Sachs Launches Personal Loan Service Goldman Sachs unveils an online consumer lending service, the investment bank's latest push to retail banking
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E-commerce giant's seasonal hires mark a 20 percent boost from the 100,000 extra workers it added a year ago
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The 10 Hottest Tech Companies of 2017, Predicted by Where Talent Wants to Work A new analysis of hiring trends suggests you'll soon be hearing a lot more about these companies.
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Three Things to Know to Hold Wells Fargo Accountable

The Huffington Post - 13 Oct 2016 17:53
Three Things to Know to Hold Wells Fargo Accountable Just about everyone wants to hold Wells Fargo accountable for a scheme in which sales quotas drove employees to set up phony credit card and bank accounts without customer knowledge. A Donald Trump advisor declared the b...
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India's startup bubble has already burst After a sustained funding frenzy, India's tech startups are laying off employees and some have closed up shop altogether.
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U.S. stocks are falling Thursday morning, following global markets lower, after a steep drop in China's exports. Mining and chemicals companies and banks are taking some of the largest losses. …
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Forget Marmite, Unilever's Price Problems Start With Its Stock

Wall Street Journal - 13 Oct 2016 16:16
The consumer-goods giant's underlying sales growth isn't what it seems.
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Trump threatens to sue New York Times

CNN - 13 Oct 2016 06:53
Trump threatens to sue New York Times Donald Trump threatened to sue The New York Times for publishing a bombshell report in which two women claimed the former real estate magnate had touched them inappropriately, according to the Times.
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Open office spaces emerge as key to leadership-employee bonding Organizational redesign is a big challenge for the future, says Uli Winner, president (Asia-Pacific) at Steelcase, a global workplace solution provider
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Wells Fargo's embattled CEO John Stumpf is stepping down as the nation's second-largest bank is roiled by a scandal over its sales practices. The San Francisco bank said Stumpf is …
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E-cig boss scrambles to end price hikes on vaping 'pods' Tyler Goldman is scrambling to end an epidemic that's slamming the smoke shops of the Big Apple: nicotine gouging. A slew of opportunistic tobacconists throughout the city have been jacking up prices for the flavored nic...
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This Indian IoT Product In China Shows How Factories Will Be Part Of The 4th Revolution Derick Jose, co-founder of Flutura, describes its IoT product Cerebra as a "Fitbit for machines." It captures data streaming from various sensors on machines to analyze their health and predict problems.
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Paul Singer doubles down on Samsung despite exploding phones Paul Singer is tightening his grip on Samsung shares -- and proving that he's got thick skin in the process. A slew of investors are dropping Samsung's stock like a hot smartphone because of the worldwide recall of the G...
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