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Business News

Location American Business News for 9 November 2016

The Economy Under President Trump

Forbes - 9 Nov 2016 16:42
The Economy Under President Trump Donald Trump's election increased uncertainty about the economic outlook. He is unlikely to get most of his proposals through Congress. He will learn, however, to use executive authority to restrict foreign trade and enf...
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MEXICO CITY
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5 Signs A New Employee Won't Make It In Your Company If the new guy or gal acts like this, don't expect them to be there for long.
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California's Kamala Harris becomes first Indian-American US senator Getty Images/Jason Merritt Attorney GeneralKamalaHarriswins the open Senate seat to replace retiring Democratic Sen. Barbara Boxer in race that featured two Democrats in California. Thanks to California's unusual primary...
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American Apparel to ax employees as it looks to sell

New York Post - 9 Nov 2016 04:28
American Apparel to ax employees as it looks to sell American Apparel employees will probably lose their jobs soon because the manufacturer is looking to be sold, the company said in a letter to workers. The struggling Los Angeles company said "it's likely that the potenti...
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Gold skyrockets as the US presidential election results roll in Gold is taking offas the results from the presidential election roll in showing a stronger-than-expected result for Republican nominee Donald Trump. The precious metal is up $28.50 an ounce as of 10:00p.m. ET at$1,303 an...
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Indian banknotes change sparks worry in Mumbai How do people feel about the the shock decision to scrap two of India's most widely used banknotes?
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Sen. Bernie Sanders' (I-VT) campaign said Wednesday morning that it had "nothing polite to say" about Donald Trump's victory in the 2016 presidential election.
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Face It: Your Bra Sucks. This MIT Grad Is Going to Fix It Bras, tampons, and condoms are multibillion-dollar businesses that haven't changed in decades. Inside the rehab of the panty drawer.
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How high healthcare premiums could hurt the US economy

Business Insider - 9 Nov 2016 04:38
How high healthcare premiums could hurt the US economy REUTERS/Suhaib Salem My tan from my recent trip to Florida has started to fade, but the impressions from several of the great speeches I attended at the Irrational Economic Summit have stayed with me. One such speech was...
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American Apparel likely to shut down its British stores after holidays Beleaguered retailer American Apparel is likely to close its stores in the United Kingdom and some European locations after the holiday season. That's according to accounting giant KPMG, which announced Tuesday that it h...
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Here's what a Trump presidency means for the Internet of Things (GOOG, GOOGL, AAPL, TSLA) BII Donald Trump's surprise win in the US presidential election has sent ripples throughout the world, and the IoT is no exception. Here are our first thoughts on the impact of the historic results on the IoT: Self-drivi...
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For These Stocks, Trump's Election Is Personal

Wall Street Journal - 9 Nov 2016 21:13
Shares of companies specifically targeted by Donald Trump were suffering more than the broader market Wednesday morning.
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FSOC on Chopping Block After Republican Victories

American Banker - 9 Nov 2016 19:49
FSOC on Chopping Block After Republican Victories While Washington scrambles to make sense of President-Elect Donald Trump's victory and Republicans' control of both chambers of Congress, the implications of the 2016 election on the Financial Stability Oversight Council...
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Attorney 'Can't Imagine' Stockholders' Suit Against Twitter Will Find Success Twitter Inc. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York on Aug. 15. A recent class action alleges the company withheld information from stockholders in 2015. Photogra...
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U.S. stocks open mixed after Trump victory; global markets fall Major U.S. stock indexes opened mixed on Wednesday but well off steep overnight futures lossesamid an easing global financial markets sell-off in the wake of Republican Donald Trump's surprising presidential election vic...
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Wendy's Co. reported a boost in profit as it dramatically cut costs while it continues to sell company-owned restaurants and shift to a more franchise-heavy operation. Profit surged more than …
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What has Donald Trump said about trade? During the US election campaign Donald Trump expressed forthright views about some of the trade deals in the pipeline. Here's a recap.
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Donald Trump, the Markets and Economic Growth--What to Expect Donald Trump's presidential victory has turned the markets upside down. That's actually not surprising
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WASHINGTON
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Market complacency after Donald Trump's election will not last The relative calm after election night is explicable, but investors cannot ignore the dangers presented by a Trump presidency • Become a Guardian supporter or make a contribution Can't investors see that the next US pr...
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Republican North Carolina senator fends off tough senate challenge Drew Angerer/Getty Images) Republican Sen. Richard Burr is set to winreelection in North Carolina on Tuesday. According to Fox News and the Associated Press, Burr fendedoff a tough challenge from Deborah Ross, the former...
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