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Business News

Location American Business News for 14 October 2016

Yahoo scraps earnings call

CNN - 14 Oct 2016 17:35
Yahoo scraps earnings call Investors will have to wait a little longer to see Yahoo execs grilled over the Verizon acquisition drama.
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Wells Fargo's new account openings plunge Wells Fargo's earnings report on Friday revealed the number of consumer checking accounts opened plunged by 25% in September.
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Donald Trump To Blame Mexican Tycoon Carlos Slim For NYT Sexual Harassment Stories, WSJ Says According to The Wall Street Journal, Donald Trump plans to claim that Mexican billionaire Calos Slim is behind the articles about Trump's alleged sexual harassment in The New York Times. Slim's spokesperson denies the c...
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This Is What Millennial Entitlement Does To The Workplace The unexpected side effect of millennial entitlement.
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Samsung Predicts $3 Billion Hit to Future Profits After Pulling Galaxy Note 7 The reduction in profits tied to cancellation of the model was expected to be in the mid-2 trillion won range in the October-December period, the company said.
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Roche Bobois sees India among top 5 markets by 2021

livemint.com - 14 Oct 2016 06:42
Roche Bobois sees India among top 5 markets by 2021 Roche Bobois has firmed up plans to open stores in Hyderabad, Chennai, Pune, Kolkata and Ahmedabad over the next three to five years
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Natural disasters are taking a toll on Progressive insurance's bottom line and led to huge losses REUTERS/Therese Apel The insurance industry's basic business model hinges on the idea that, over the long run, insurers can be profitable if they are smart about the policies they underwrite. For Progressive, profiting ...
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Samsung's Note 7 losses keep mounting

CNN - 14 Oct 2016 06:36
Samsung's Note 7 losses keep mounting Samsung said it expects killing off the Note 7 to wipe out around $3.1 billion in operating profit over the next six months. That's on top of a previous $2.3 billion hit it announced earlier this week.
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Twitter Releases New Periscope Feature to Woo Media Companies Only a small group of companies will be allowed to use the service, which is aimed at live broadcasting, before it is rolled out to the public.
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What To Expect As Vietnam's Biggest Investor Edges Out Of The Market A sovereign wealth fund in Vietnam announced this year it would divest from holdings among 120 listed companies. That plan, part of the government's longer-term scheme to pull out of listed firms, will let the free mar...
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A Mississippi bank is acquiring banks in Louisiana and Florida. First Bancshares of Hattiesburg said Friday that it would acquire Iberville Bank of Plaquemines, Louisiana, and Gulf Coast Community Bank …
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9 Hidden Signs You're About to Be Fired

inc - 14 Oct 2016 13:05
9 Hidden Signs You're About to Be Fired These red flags warn when it's time to find another job ... or start your own firm.
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5 Priceless Lessons From Two Guys Who Built a $100 Million Company After Dropping Out of School There is no single path to the top -- today's most successful people got there in an almost infinite variety of different ways.
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(Reuters) - The chief executive of Hershey Co , the chocolate company that Oreo cookie-maker Mondelez International Inc tried to acquire earlier this year, is preparing to step down by next summer, people familiar with t...
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7 Steps to Radically Improve Your Entire Life -- Starting Today How to create a brand new chapter in your life, at any stage.
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Michael Jackson's Earnings: $825 Million In 2016 The King of Pop earned $825 million over the past year-before taxes and spending-earning him the No. 1 spot on our Halloween-spooky list of highest-paid dead celebrities. Here's a deeper look inside the numbers.
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To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track...
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SoftBank Sets up Technology Fund With $100 Billion Potential Japanese telecommunications and internet company SoftBank Group Corp. is setting up a $25 billion private fund for technology investments that has the potential of growing to $100 billion
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HONG KONG/SINGAPORE
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FedEx's history of splitting stocks may be over for good

Business Insider - 14 Oct 2016 05:31
FedEx's history of splitting stocks may be over for good AP It's hard for people to believe today, but it used to take a lot longer for things to get from point A to point B. FedEx played an instrumental role in changing that, bringing express delivery into the mainstream and ...
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GamesBeat weekly roundup: Our verdict on PlayStation VR, and Overwatch gets spooky Welcome to another GamesBeat weekly roundup! This time, the Xbox One once again outsells the PlayStation 4, a mobile game player that spent $2 million on one app is now leading a boycott against the title, and … well, ...
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New Jersey's low gas prices are about to get more expensive after Republican Gov. Chris Christie on Friday signed legislation raising the gas tax by 23 cents per gallon, from …
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