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Business News

Location American Business News for 23 November 2016
PRESENTING: The 9 stocks that matter most to hedge funds (BAC, AGN, YHOO, MSFT, AAPL, GOOGL, FB, AMZN, CHTR) Mary Cybulski/Paramount Pictures Here they are: the hedge fund darlings of Q3. Goldman Sachs recently updated its Very Important Position list of stocks that appear the most among the funds' largest 10 holdings. One disc...
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China Arrests 3 Workers From the Australian Casino Operator Crown Resorts Australia said it had been told of the official arrest of the three workers, who were among 18 held last month in an inquiry into the promotion of gambling in China.
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Rising Rates Threaten Global Property Investments

Wall Street Journal - 23 Nov 2016 05:55
Commercial property has been a big winner from years of ultralow interest rates around the world. Now markets are signaling that change might be in the air.
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Exiting West Virginia governor travels for business

Miami Herald - 23 Nov 2016 16:41
Gov. Earl Ray Tomblin, who inherited a national recession and coal industry downturn, says attracting business has been his six-year administration's priority, counting $13 billion in commercial investments that had …
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Why Some People Get Burned Out and Others Don't

Harvard Business Review - 23 Nov 2016 15:05
It’s about how they manage stress, not how much stress they face.
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Abbott Labs CEO Doubles His Stock Holdings

Barron's - 23 Nov 2016 14:59
Abbott Labs CEO Doubles His Stock Holdings Miles D. White recently bought $60.5 million in shares, which have been underperforming the market.
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Chinese businessman Cho Tak Wong turned a shuttered GM plant into an auto glass factory for his global empire
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Jay Z's Tidal sued by ex-employee over breastfeeding

New York Post - 23 Nov 2016 06:36
Jay Z's Tidal sued by ex-employee over breastfeeding Pump this! Tidal, Jay Z's streaming music service, is being sued by a former employee who claims she was denied a private room to pump breast milk for her newborn -- and then fired. Instead, Tidal's Desiree Perez, its hi...
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Warren Buffett was right about the S&P 500 -- 17 years ago They call him the Oracle of Omaha, but this is getting ridiculous. On Nov. 22, 1999, Warren Buffett, the billionaire investor and chairman of Berkshire Hathaway, made a long-shot prediction: Over the next 17 years, the S...
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Thomson Reuters Free trade advocates hoping against hope that President-elect Donald Trump might change his mind regarding the Trans-Pacific Partnership trade deal had those hopes shattered Monday night. In his first sub...
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Reuters/Chor Sokunthea The author of a study published Tuesday cautioned against the idea that transfusions of “young” blood can reverse the aging process, a notion that has captured the public imagination and motiva...
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Nicolas Nova/Flickr By the end of the year 3.5 billion people, 47 percent of the global population, will have access to the internet, according to a new report from the United Nations International Telecommunications Uni...
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Connecticut's tax commissioner says he has no authority to waive interest penalties on taxpayers whose 2015 tax returns were miscalculated by his office. House Republican Leader Themis Klarides (THEHM'-his KLEHR'-ih-dehs...
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Watch out USA -- haggis could be on its way Americans may soon get the chance to eat authentic Scottish haggis in their home country.
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US Applications for Unemployment Aid Rose Last Week More Americans sought unemployment benefits last week, but the claims remain at levels showing that American workers enjoy job security
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What Dollar Shave Club, microbreweries and other recently acquired, much-loved brands have in common.
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Never underestimate the power of word of mouth, especially during your early days of business.
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Steve Cohen invests $2M into micro-investing startup

New York Post - 23 Nov 2016 05:24
Steve Cohen invests $2M into micro-investing startup Steve Cohen may have found a way to reach cash-strapped millennial investors. The hedge-fund mogul, whose net worth is said to be $13 billion, has invested $2 million in micro-investing startup Acorns, Point72 Asset Mana...
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BC-Noon Oil

News Observer - 23 Nov 2016 19:01
The spot month contract for light sweet crude was $48.00 per barrel at 12 p.m. Wednesday on the New York Mercantile Exchange. …
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The Mercedes Executive Director gives his thoughts ahead of the F1 title showdown in Abu Dhabi this weekend.
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Rideshares offering deals to get you to Black Friday Rideshares and car programs could get you to the craziest shopping day of the year.        
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Seven Ways To Navigate This Year's Black Friday Like A Pro "Black Friday," the day after Thanksgiving, traditionally marks the start of the holiday shopping season. And no matter how many businesses try to get their Black Friday sales started before Halloween, the day after Than...
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