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Business News

Location American Business News for 15 February 2017

Retail Zombies Haunt Industry

Wall Street Journal - 15 Feb 2017 12:03
The lengthy list of retailers teetering on the edge of bankruptcy but not being allowed to die is holding the rest of the industry back.
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H1B visa tweaks give IT firms chance to focus on domestic market: Mukesh Ambani Mukesh Ambani says Donald Trump can actually be a blessing in disguise
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Some fintech firms are flatly rejecting the Office of the Comptroller of the Currency's creation of a charter for such firms, citing fears that it will come with too many strings attached.
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SoftBank's Big Fortress Takeover Is A Bet On Infrastructure, Senior Housing And Mortgages SoftBank's Masayoshi Son is buying private equity giant Fortress Investment Group, which has expanded in areas such as senior housing and infrastructure in recent years.
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Damage from scandal continues to mount at Lending Club

American Banker - 15 Feb 2017 07:08
The San Francisco online lender reported a $32 million loss in the fourth quarter, which brought red ink for the full year to $146 million.
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Economic Report: U.S. retail sales sizzle in January

Market Watch - 15 Feb 2017 16:19
Most U.S. retailers posted strong sales in January, even beleaguered department stores, perhaps a sign that higher consumer confidence since the election has encouraged Americans to spend more, at last temporarily. Retai...
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A defense industry contractor has agreed to pay $700,000 or more each year to treat contaminated groundwater in Southern California. West Valley Water District in Rialto says a settlement with …
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How to Growth Hack Your Startup's AngelList Profile Just a few tweaks to your AngelList profile can pique the interest of an investor who may have otherwise overlooked you.
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Japanese telecommunications, internet and solar company SoftBank Group Corp. is buying U.S. investment company Fortress Investment Group for $3.3 billion. The deal was announced by both sides Wednesday. New York-based �...
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5 World-Class Thinkers Share Their Productivity Hacks Work smarter, not harder.
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Arkansas-based Tyson Foods is shaking up its top leadership team. The Springdale-based meat company announced Tuesday that long-time executives Donnie King, Sara Lilygren and Gary Cooper will be leaving the …
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How Much Is a 'Shark Tank' Appearance Worth? About $7 Million for This Entrepreneur In the year after his 'Shark Tank' appearance and an investment by Mark Cuban, Shaan Patel's company grew sales from $600,000 to $7 million. Here's how.
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US retail sales rise in January, led by gas and restaurants Americans increased their spending at restaurants and gasoline stations in January, pushing up overall retail sales even as auto buying fell
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7 Important Reasons Not to Ignore Facebook Advertising If you're not using Facebook advertising, then you're missing out on huge growth opportunities.
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Chesapeake Energy Corp. has announced plans to increase its drilling budget and rig count in 2017, saying that confidence is growing in the hard-hit energy market. The Oklahoma City-based company …
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3 Tax Tips For Those In The Sharing Economy

Forbes - 15 Feb 2017 04:52
3 Tax Tips For Those In The Sharing Economy With the tax deadline approaching, it's a good idea to start thinking about how to make sure you do not get caught off-guard when filling out your return.
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Politico on Wednesday published what had been until now a missing tape of the ex-wife of President Donald Trump's nominee for labor secretary alleging in a 1990 taping of "The Oprah Winfrey Show" that he had abused her d...
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Biggest investor in Fla.'s Seacoast plans to slash stake

American Banker - 15 Feb 2017 20:08
CapGen, once a vocal critic of management, will cut its holdings to as little as 3% of shares outstanding.
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7 Ecommerce Trends for Retailers in 2017

The Huffington Post - 15 Feb 2017 19:26
7 Ecommerce Trends for Retailers in 2017 Here is a list of top 7 ecommerce trends that should be on every retailer's radar for 2017. 1. Mobile, Mobile, Mobile-- The growth of mobile is hard to overstate. In fact, it has gone beyond a trend and has become a key ...
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The pharma industry is worried about Trump's push for radical shift at the FDA Thomson Reuters
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Mass Exodus: How to Plan for the Silver Wave of Retirements Take these steps to protect your organization from brain drainbefore your most senior employees retire.
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How To Establish A World-Class Corporate Brand Licensing Program A well-functioning corporate licensing program can help a brand to expand into new categories and territories, adapting to new trends and a changing marketplace. However, setting up such a program takes hard work and ong...
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