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Business News

Location American Business News for 24 January 2017
Trump to meet with Big Three U.S. auto CEOs After months of criticism and talk of new jobs, Trump will meet with heads of GM, Ford and Fiat Chrysler on Tuesday.
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The Latest on President Donald Trump (all times local): 9:48 a.m. President Donald Trump is expected to take executive action Tuesday to advance construction of the Keystone XL and Dakota …
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Motorola Solutions May Be Going Soft

Barron's - 24 Jan 2017 13:07
Motorola Solutions May Be Going Soft U.S. product spending may slow. Weakness in currencies such as the pound will also hurt.
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How poor communication can kill M&A talks

American Banker - 24 Jan 2017 21:08
Heritage Oaks in California ended talks with an unnamed institution when it couldn't get a response on a regulatory concern.
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Stocks rise at the open as earnings season kicks into high gear Investors are also trying to gauge the impact of Trump's trade and regulatory policies.        
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Yahoo delays merger with Verizon over hacking

New York Post - 24 Jan 2017 06:39
Yahoo delays merger with Verizon over hacking Yahoo said Monday its $4.8 billion deal to sell itself to Verizon has been delayed. The struggling Web portal, which reported positive earnings in the fourth quarter, said that the merger is now expected to close in the ...
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5 'positive' traits that can hurt your career

Business Insider - 24 Jan 2017 21:30
5 'positive' traits that can hurt your career Hero Images/Getty Images We spend a majority of our lives in the workplace, working side-by-side with co-workers we often see more than our friends, doing tasks for superiors we see more than our parents. It stands to re...
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Flagstar misses estimates as mortgage production slows

American Banker - 24 Jan 2017 21:08
Mortgage lending was "challenging" in the fourth quarter, but the Troy, Mich., company showed strong growth in commercial loans
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Verizon Can't Find the Next Big Thing

Wall Street Journal - 24 Jan 2017 20:22
Verizon doesn't need to follow AT&T, but its earnings show it needs to chart a growth path away from wireless.
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These are the companies that may benefit the most, according to a survey of analysts and fund managers.
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Studios spend a staggering amount of money trying to get their films nominated at the Oscars Film studios have been campaigning to win an Academy Award since 1929 and spend over $100 million combined on Oscar campaigns. Follow BI Video:On Twitter
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8 ETFs for 2017's Treacherous Market

Barron's - 24 Jan 2017 13:22
8 ETFs for 2017's Treacherous Market Cumberland Advisors' David Kotok sees trouble ahead for investors -- but opportunities in energy and financials.
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Why Apple, Samsung, and the FTC are attacking Qualcomm's royalty model For every basic iPhone 7 it sells for $649, Apple pays about $15 to Qualcomm in royalties for using the mobile chip maker’s patented wireless technology, according to analysts. Apple pays slightly more in royalties for...
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Ex-AIG worker sues over 'never-ending stream' of harassment A former AIG underwriter is suing the insurance giant and her ex-boss, claiming the exec perpetuated a "boys club" atmosphere -- which included male employees hiding under women's desks to peek up their skirts, and licki...
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Pharma firm settles probe for allegedly paying off competition Endo International, the pharmaceutical company that makes Lidoderm, on Monday settled a regulatory probe into allegations it paid the maker of a rival drug to keep the lower-priced generic off store shelves. The $250 mil...
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I Opened 100 Year Of The Rooster Loot Boxes In 'Overwatch,' And Here's What I Got 'Overwatch' has a new Year of the Roster holiday event, and it's dumped a whole bunch of new skins and content into the game. See what 100 loot boxes may get you in the new cosmetic expansion.
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Apple Piles On Qualcomm

Barron's - 24 Jan 2017 20:58
Apple Piles On Qualcomm The lawsuit from Apple follows an anticompetitive charge by the FTC and a fine from Korean authorities.
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This crazy device can turn your truck into a snowmobile

Business Insider - 24 Jan 2017 17:53
This crazy device can turn your truck into a snowmobile Getting your car stuck in the snowis the worst. However, there's little chance you'll have that problem with Track N Go fromAD Boivin. These track shoes for your truck or SUV install in less than 15 minutes and give your...
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Wells branch employees knew in advance when bank inspectors were coming; Goldman, Morgan Stanley and JPMorgan execs have sold nearly $100 million in stock during the Trump rally
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Apple slips after being downgraded at Barclays (AAPL)

Business Insider - 24 Jan 2017 16:49
Apple slips after being downgraded at Barclays (AAPL) Apple is down 0.07% at $119.92 a share following a downgrade by Barclays. Barclays downgraded the iPhone maker from "overweight" to "equal weight" and dropped itsprice target to $117 from $119. In a note sent to clients ...
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Pittsburgh's tallest building is for sale, and it could go for a sky-high price. Real Estate Alert, a trade publication that first reported the listing, says the 64-story, triangular office …
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6 of the 8 U.S. oil-producing states now in recession Alaska, Louisiana, New Mexico, North Dakota, Oklahoma and Wyoming have entered recessions.        
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