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Business News

Location American Business News for 23 February 2017
This is the only correct way for men to dress for a black tie event like the Oscars AP/Skye Gould/Business Insider Many men panic when they recieve an invitation to a black tie event. Questions run through their mind: "What does black tie mean?" "Does my tuxedo still fit?" "Do I even remember how to wea...
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Mark Wallheiser/Getty Images On Thursday, President Donald Trump is holding a "listening session" with 24 manufacturing CEOs. The president described "unbelievably bad" trade deals the US had with other nations and added...
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Buffer Annuities: The Good, the Bad, the Ugly

ThinkAdvisor - 23 Feb 2017 16:27
This cross between an indexed annuity and a variable annuity has gained attention in the investment world--and not all of it positive.
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Fired CEO is accused of epic theft

New York Post - 23 Feb 2017 22:12
Fired CEO is accused of epic theft A Manhattan tech CEO blew through nearly half a million dollars in company money to fund a lavish lifestyle that include high-priced hookers for himself -- and epic shopping sprees for his socialite wife, a new lawsuit c...
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The Michigan House is meeting overnight as majority Republicans struggle to gain support for an income tax cut. Legislation that would reduce the 4.25 tax to 3.9 percent over four …
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The prepaid card issuer has been striving to overcome the setback it suffered from the discontinuation of a popular product in 2015.
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And they called it the streak: Dow up for 10th straight day, 21K in reach The blue chips gained 0.2% to climb to a another, new all-time high.        
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How I launched a side hustle that earns enough to cover my mortgage payment -- and requires less than 10 hours of work per week Flickr/Airsoftpal It was 2012. The economy was in shambles, my industry was reeling, and I was increasingly being asked to do multiple jobs at work. I could barely keep up. I loaded my iPhone with apps like Evernote, Out...
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'Tailored' Accounting Takes Companies Into Alternate Reality

Wall Street Journal - 23 Feb 2017 19:36
Recent moves by the Securities and Exchange Commission serve as a reminder that non-GAAP corporate results should be digested with a grain of salt.
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How Brands Can Still Win the Oscars Without a $2 Million TV Spot Leonardo DiCaprio nearly broke the internet when he finally won an Oscar in 2016: The announcement was the most-tweeted minute of an Oscars broadcast ever, with 440,000 tweets per minute. Whether someone in this year's t...
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Hong Kong, one of Tesla's best markets in the world, is curbing an electric vehicle subsidy, which could prove very painful.
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Trump's turn to put a positive spin on the economy

New York Post - 23 Feb 2017 06:32
Trump's turn to put a positive spin on the economy Funny how this works out, but now it will be Trump's turn to make the economy look better than it actually is. The economy is growing at a 2.4 percent annual rate, according to the Federal Reserve Bank of Atlanta. That's...
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New headache for Ivanka Trump: Jewelry licensee owes over $5K in N.Y. taxes Firms doing business with Ivanka Trump face tax warrant, lawsuits, other business issues.        
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Pro Athletes Have Every Resource For 2nd Career (Part II-Universities)
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Facebook Is Expanding Ad Breaks for Live and Uploaded Video Publishers and creators might soon be able to make more money off their Facebook video content. Facebook is introducing or expanding three types of video ads for both the social network and publishers' websites: in-strea...
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While defined-benefit pensions are the envy of those who don't have them, ever more people are electing to give them up, says Merryn Somerset Webb. The post Giving up your defined-benefit pension isn’t so crazy was fir...
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9 things you should never say during a salary negotiation

Business Insider - 23 Feb 2017 18:00
9 things you should never say during a salary negotiation antoniodiaz/Shutterstock You're 96% sure that you are ready to schedule a meeting with your boss to ask for a raise. Or perhaps you're nearing the end of the job interview process and an offer is in sight. However, if yo...
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3G missed Unilever but its methods are spreading

The Economist - 23 Feb 2017 17:44
3G missed Unilever but its methods are spreading Rejected suitor JORGE PAULO LEMANN(pictured), a Brazilian investor, is ill-accustomed to failure. On February 17th Kraft Heinz, backed by Mr Lemann's 3G Capital, said it had bid $143bn for Unilever, a maker of food and p...
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The 3 most important things we learned from Tesla's earnings (TSLA) Bill Pugliano/Getty Images Tesla reported fourth-quarter and full-year 2016 earnings on Wednesday, and although the loss for the quarter was narrower than analysts expected, it was still a loss. There had been a lot of c...
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Assessment: How Successful Was Your Company's Reorg?

Harvard Business Review - 23 Feb 2017 17:00
Only 8% deliver the expected results.
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More Americans applied for unemployment benefits last week, but claims remained at a low level consistent with a healthy job market. THE NUMBERS: The Labor Department said Thursday that 244,000 …
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US iPhone users each spent $40 on apps in 2016

Business Insider - 23 Feb 2017 16:51
US iPhone users each spent $40 on apps in 2016 BI Intelligence This story was delivered to BI Intelligence Apps and Platforms Briefingsubscribers. To learn more and subscribe, please click here. US iPhone owners are spending an increasing amount of money on apps, acc...
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