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Business News

Location American Business News for 25 February 2017
Infrastructure Maven Cressida Hogg Sees Opportunity Around the Globe Cressida Hogg has cranked out strong returns at an $18 billion Canadian infrastructure fund. Here's where she sees opportunity now.
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VW Executive Charged in Emissions Case Says He Was Bit Player

The New York Times - 25 Feb 2017 16:35
VW Executive Charged in Emissions Case Says He Was Bit Player Lawyers for Oliver Schmidt, accused of misleading U.S. regulators about diesel admissions, say he was largely an unwitting accomplice.
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An Active Voice for Bonds

Barron's - 25 Feb 2017 08:17
An Active Voice for Bonds Index funds make sense for average investors. But stock and bond markets send very different signals.
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Commodity Rebound Would Be Boon for Russia, Indonesia The two would benefit more than other developing economies if the U.S. and China spend heavily on infrastructure projects.
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Six Energy Dividend Payers That Could Run Out of Gas Investors used to hefty payouts in the sector should brace for possible cutbacks.
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Ex-JetSmarter president arrested

Miami Herald - 25 Feb 2017 00:17
Former JetSmarter president Edward Gennady Barsky, 38, of Sunny Isles, has been arrested in Fort Lauderdale and faces extradition to California where he is wanted on grand theft charges, according …
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David Rosenberg: Cautious on the Trump Rally

Barron's - 25 Feb 2017 08:21
David Rosenberg: Cautious on the Trump Rally The contrarian economist sees volatility ahead with the market finishing the year just where it started.
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Google Assistant picks 'Arrival' for Best Picture Oscar, Alexa likes 'La La Land' The 89th annual Academy Awards ceremony is Sunday, and Alexa and Google Assistant have opinions about who will win Best Picture, Best Actor, and Best Actress. The Oscars ceremony is Sunday at 5:30 p.m. Pacific. Red carpe...
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Axalta: A Stalled Stock That Should Get Going

Barron's - 25 Feb 2017 08:28
Axalta: A Stalled Stock That Should Get Going The coating maker's solid position in the auto industry could help shares rise 20% or more.
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Investors still fleeing hedge funds -- just not as quickly Investors are still fleeing hedge funds, but not as quickly as they were this time last year. Investors yanked $5.2 billion from the $3 trillion hedge fund industry in January, according to eVestment data. But eVestment ...
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Nigerian mogul with Manhattan penthouse probed for money laundering Kola Aluko, a Nigerian energy mogul, bought the 79th floor penthouse at One57 for $51 million in 2014. It has four bedrooms, four-and-a-half baths, 6,240 square feet, sweeping views of Central Park -- and a past-due $25,...
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Here's what to expect in Warren Buffett's annual letter to shareholders (BRKA, BRKB) Thomson Reuters Warren Buffett, widely considered one of the world's best investors, is likely to tout the merits of passive investing this weekend to readers of his annual letter to Berkshire Hathaway Inc. shareholders....
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Albuquerque Museum exhibits New Mexico film history

Miami Herald - 25 Feb 2017 22:48
A new Albuquerque Museum exhibit is spotlighting New Mexico's movie industry from silent films to "Breaking Bad." The exhibit starts in the industry's earliest days without sound and then covers …
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Trump tweets wildly misleading comparison of the national debt in his first month to Obama's Win McNamee/Getty Images On Saturday morning, President Donald Trump took to Twitter to point out a fact he thought the media was underreporting: the decrease in the national debt in his first month. "The media has not r...
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Warren Buffett just shared his best investment advice, and said the 'elite' have wasted $100 billion ignoring it "Becoming Warren Buffett"/HBO Warren Buffett's Berkshire Hathaway is out with its annual letter to shareholders. The letter covers a bunch of topics, touching on everything from stock buybacks to his favorite book of 201...
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This week the Dow Jones Industrial Average did something it hasn't done in 10 years -- it has stayed within a 1% trading band for 53 sessions in a row. While this has sparked some concerns that the stock market is runnin...
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The 10 most powerful brands in the world

Business Insider - 25 Feb 2017 16:32
The 10 most powerful brands in the world Warner Bros. Lego topped this year'sranking of the world's most powerfulbrands, according to a survey compiled by the business valuation consultancy Brand Finance. Six of the top ten most valuable companies in the 500-st...
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(Reuters) - Warren Buffett's Berkshire Hathaway Inc on Saturday said fourth-quarter profit rose 15 percent from a year earlier, as gains from investments and derivatives offset lower profit from the BNSF railroad and oth...
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Amazon keeps reminding us that it's the most dangerous company in tech (AMZN) AP There's agreat part at the beginning of the movie "Raiders of the Lost Ark," where, in a moment of triumph, the villainous Belloq gloats to Indiana Jones that "again we see there is nothing you can possess which I can...
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U.S. Set To Rival Russia In Oil And Natural Gas Exports The U.S. is becoming an oil and gas exporting powerhouse, helping to alleviate energy deprivation around the world and lower Russia's gaining influence.
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4 credit card trends for 2017 and what they mean for you In 2016, high-end credit cards attracted a lot of attention with generous rewards and perks. But this year, issuers are going back to basics -- and perhaps charging you more in the process. Here are four credit card indu...
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Al Gore Just Sold Half His Apple Stock And Made Nearly $40 Million Albert Gore Jr, Former Vice President of The United States, just sold roughly half his stake in Apple and earned nearly $40 million. Al Gore has served on Apple's board since 2003 and is running for re-election at Tuesda...
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