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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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Women endure '£85,000 pay penalty' in decade

Sky News - 14 Oct 2016 06:56
Women endure '£85,000 pay penalty' in decade The TUC has called for an overhaul of how mothers are treated by employers after a study found a widening in the gender pay gap.
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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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Falling Q3 venture investments confirm that nutty unicorn valuations have dipped Venture capital investments plummeted 36 percent in the third quarter to $10.6 billion, compared to $16.7 billion a year ago, according to the MoneyTree Report from accounting firm PricewaterhouseCoopers, based on data p...
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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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General Motors' Maven car-sharing service expands to San Francisco, its 9th market General Motors (GM) may have launched its Maven car-sharing service in January, but it has rapidly expanded to more than 10 markets, with its newest one being San Francisco. Now those interested in short-term car rentals...
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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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RBS debit card system problems hit customers Customers are having difficulties making NatWest, RBS and Ulster Bank debit card payments after problems with the RBS card payments system.
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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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