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Business News

Location American Business News for 18 October 2016

Osterweis: Investing in Time of Low Rates

Barron's - 18 Oct 2016 12:05
Osterweis: Investing in Time of Low Rates The mutual- fund veteran describes the kind of stocks that can outperform in a slow-growth economy.
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Medical costs are rising faster than pretty much everything else right now Justin Sullivan/Getty Medical costs are continuing to rise at a faster pace than virtually everything else, according to data from the Bureau of Labor Statistics released on Tuesday. The consumer price index, a measure o...
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Hillary Clinton's campaign considered Apple CEO Tim Cook for vice president (AAPL) Justin Sullivan/Getty Images A stolen email leaked by WikiLeaks shows that Apple CEO Tim Cook was on a shortlist for vice president.  John Podesta, Hillary Clinton's campaign chairman, sent an email in March 2016 discus...
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Shares of Domino's Pizza rose 6 percent in midday trading after the company posted third quarter earnings that beat analyst expectations.
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Donald Trump says he'd push for a constitutional amendment that would term-limit members of Congress Scott Olson/Getty Images Donald Trump announced in a speech in Colorado on Tuesday he would seek to limit the terms of members of Congress should he be elected president in November. "If I am elected president, I will pu...
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World's Biggest Brewer Needs Extra Rounds of Savings

Wall Street Journal - 18 Oct 2016 13:25
Anheuser-Busch InBev has to contend with some wildly high expectations following the completion of one of the largest deals in corporate history.
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The average student loan debt in 2015 at nonprofit private and public colleges was $30,100.
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Tesla proposes Panasonic partnership at SolarCity factory Tesla Chief Executive Elon Musk has roped Panasonic into a new plan to rescue SolarCity's endangered solar-panel factory in Buffalo, NY -- if shareholders don't block Tesla's proposed merger with SolarCity, that is. In a...
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Japanese Toilets Taught me a lot About Customer Service They are an indicator of a much deeper culture.
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Republican Wall Street donors are rejecting Donald Trump and looking everywhere else Thomson Reuters Largely united in their dislike of Republican presidential candidate Donald Trump, some ultra-wealthy U.S. investors who play in conservative politics are warily weighing their choices, torn between third...
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Reserve Bank governor says business expectations could hold down inflation RBA's Philip Lowe says there is a risk that workers and businesses could start basing decisions on the assumption inflation will stay low The Reserve Bank governor has said he is concerned that workers and businesses cou...
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A cheaper version of a best-selling rheumatoid arthritis drug will be here in November -- and it's just the start Wikimedia Commons Pfizer Inc said on Monday it will begin shipping its biosimilar version of Johnson & Johnson's blockbuster rheumatoid arthritis drug Remicade in late November at a 15 percent discount to current whole...
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New Netflix subscribers send stock prices soaring

New York Post - 18 Oct 2016 05:07
New Netflix subscribers send stock prices soaring Netflix hits "Narcos" and "Stranger Things" helped attract 1.2 million more subscribers to the video streamer than it predicted for the third quarter -- a surprise that drove its stock up 20 percent in after-hours tradin...
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Can Employees Really Speak Up Without Retribution?

Harvard Business Review - 18 Oct 2016 17:00
Advice for both managers and workers.
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(Reuters) - Wall Street rallied broadly on Tuesday, as a slew of better-than-expected quarterly reports, including those from Netflix and UnitedHealth, buoyed investor sentiment.
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WASHINGTON
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Burberry sales are soaring as foreign shoppers take advantage of the weak pound Jonathan Brady / PA Wire / Press Association Images LONDON (AP) — Luxury goods maker Burberry says first-half revenue rose 5 percent as the company benefited from the decline in the pound following Britain's vote to le...
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As $100 billion goal crumbles, Peoria's Caterpillar shakes up its C-Suite As chief executive officer of Caterpillar Inc., Douglas Oberhelman once pushed the company, like one of its trademark yellow-and-black bulldozers, to plow forward into world markets -- no matter the obstacles. Oberhelman...
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The Justice Department's new way to waste your money

New York Post - 18 Oct 2016 08:02
The Justice Department's new way to waste your money The Justice Department doesn't like the way the Census Bureau is coming up with crime statistics. So it has devised a "companion survey" -- at extra cost, of course -- that will be done by a private company called Westat...
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Snapchat is luring in more UK advertisers

Business Insider - 18 Oct 2016 05:30
Snapchat is luring in more UK advertisers BII This story was delivered to BI Intelligence "Digital Media Briefing" subscribers. To learn more and subscribe, please click here. Snap’s general manager in the UK, Claire Valoti, made her first public appearance la...
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Americans leave hundreds of millions of vacation days unused and managers may have something to do with it WPA Pool / Getty Images Virtually all managers — 9 in 10 — claim they encourage their employees to take paid time off, according to a recent study.  But then why do Americans leave hundreds of millions of vacation d...
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A creative boom emerges in Hong Kong

CNN - 18 Oct 2016 04:35
A creative boom emerges in Hong Kong Read full story for latest details.
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