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Business News

Location American Business News for 10 January 2017
I'm Richer Than My Boss... And She's Doesn't Like It Boss can't stop commenting about employee's wealth. What does it mean?
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5 Regional Banks Poised for Big Returns

Barron's - 10 Jan 2017 08:13
5 Regional Banks Poised for Big Returns Analyst Matt Olney targets a group of overlooked small banks that have the potential for strong growth.
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We Can't Undo Globalization, but We Can Improve It

Harvard Business Review - 10 Jan 2017 15:05
More trade could provide a lift for U.S. firms.
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U.S. prosecutor: VW execs ordered cover-up Volkswagen has been accused of intentionally misleading U.S. regulators about the software at the center of the automaker's diesel emissions scandal.
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Want a Lifetime of Better Brain Function? Science Says Change This One Habit (It's Not What You Think) It's a simple change. But not an easy one.
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Late-payment rates on bank-issued credit cards and auto loans rose during the third quarter of 2016 to their highest levels in more than two years, according to a new report.
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McDonald's sells most of its China and Hong Kong business McDonald's is letting franchisees be the Big Mac in China. The fast-food giant has agreed to sell the bulk of its China and Hong Kong business for $2.1 billion to state-backed firm CITIC and the Washington, DC, buyout fi...
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Yahoo Would Become 'Altaba' After Selling Its Internet Business If and when its deal with Verizon goes through, the company will rename itself, and more than half of its board members will step down, Yahoo said in a regulatory filing.
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Mayer, others to depart Yahoo board; company to be renamed Altaba Yahoo CEO Marissa Mayer, co-founder David Filo and others plan to resign from the company's board when it completes its $4.8 billion sale to Verizon.        
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Quote to Start the Day

TPM - 10 Jan 2017 16:15
Sen. Leahy: D-VT: "Well, Mr. Giuliani likes to say things like that to get on television. He's not a senator."
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China's top economic planner pledged Tuesday to continue cutting steel and coal production that have been a source of trade friction with many countries. China reached targets for cuts last …
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Here's how Trump's rhetoric has impacted currencies

Business Insider - 10 Jan 2017 04:46
Here's how Trump's rhetoric has impacted currencies Targeting companies or entire nations on Twitter is an unprecedented and controversial method of communication for a President-elect – but one can’t argue with its effectiveness so far. In today’s chart, we take a ...
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The announcement that New York will soon close the Indian Point nuclear plant will leave a huge gap in power supply that will more likely be filled by burning more oil than building wind turbines.
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Only 27 movies have ever hit $1 billion at the box office -- here they are Illumination With movie ticket prices increasing and the resurgence of franchises like "Star Wars," films earning over $1 billion worldwide may become commonplace. But, for now, there are only 27 movies from the last 25 ...
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Netflix Stock May Slump on Q1 Guidance

Barron's - 10 Jan 2017 20:48
Netflix Stock May Slump on Q1 Guidance Subscriber net additions domestic and international could lag last year's. Amazon is now the lower-priced option.
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What Stays & What Sticks from CES 2017

The Huffington Post - 10 Jan 2017 19:59
What Stays & What Sticks from CES 2017 By Jill Kelly, Chief Marketing Officer, NA, Global Communications Lead, DigitasLBi, and 11-Year Veteran Of CES Alexa. Alexa. Alexa! OK, so there are the platform shoes that double as a vacuum cleaner from Japanese auto m...
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Best Buy Cities: Where To Invest In Housing In 2017 Dallas, Texas home to Exxon Mobil, the Dallas Cowboys and BBQ claims the no. 1 ranking this year.
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America's Best Banks 2017

Forbes - 10 Jan 2017 17:28
America's Best Banks 2017 U.S. bank stocks have skyrocketed since the November presidential election, but there is still a large gap between the best and worst. We rate the 100 largest on asset quality, capital adequacy, growth and profitability.
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Why Your Best Millennial Employees Might Quit What's the No. 1 thing preventing you from attracting and retaining top millennial candidates? Surprisingly, it's not flexibility.
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Wall St. opens flat ahead of earnings season

Reuters - 10 Jan 2017 16:33
(Reuters) - U.S. stocks opened little changed on Tuesday as investors await the earnings season to assess if fourth-quarter corporate performance justifies Wall Street's record levels.
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(Reuters) - Beauty products maker Coty Inc said it would buy a majority stake in privately held online cosmetics retailer Younique LLC for about $600 million.
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This Digital Publisher Wants to 'Alter the Perception of Cannabis Users' A sophisticated digital platform was missing from the world of cannabis publishing, so Derek Riedle and his wife decided to create one. Riedle is the CEO and founder of Civilized, a news and entertainment site that cente...
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