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Business News

Location American Business News for 28 February 2017
One of the largest sailing yachts in the world is on sale for $59 million Burgess One of the largest sailing yachts ever built is up for sale. At 295-feet-long, the Athena Superyacht is the largest sailing yacht in the world that's currently up for sale. It offers three levels of living space....
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Australia Post CEO says he feels sorry for Pauline Hanson over pay controversy Ahmed Fahour says One Nation leader's comments about his religion during uproar over his $5.6m remuneration package were 'ill-informed' and 'hurtful' The Australia Post chief executive, Ahmed Fahour, has labelled Pauline...
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The 5 Business Books That Helped Make Mark Cuban Very Rich The Shark Tank star's path to success was helped by some useful reading material. Here's what's on his shelf.
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Though backward-looking, the exam restricts the company from buying banks or opening branches outside the Northeast.
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AI Is Going to Change the 80/20 Rule

Harvard Business Review - 28 Feb 2017 18:00
Three reasons why.
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OMB Finishes Review of Fiduciary Rule Delay Request

ThinkAdvisor - 28 Feb 2017 17:51
Attorney Tom Clark sees DOL announcing a delay of the compliance date as early as Tuesday.
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Even JPMorgan couldn't bigfoot the middle market

American Banker - 28 Feb 2017 23:08
The largest U.S. bank's yearslong effort to do more business with midsize commercial firms has progressed in fits and starts but never met expectations. More patience will be required, but executives say the payoff could...
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Enterprise-Tech Picks for Earnings Upside

Barron's - 28 Feb 2017 21:59
Enterprise-Tech Picks for Earnings Upside Pure Storage, Nutanix, Nimble Storage and Palo Alto Networks may drive positive stock reactions.
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J.P. Morgan Hits an Inflection Point

Wall Street Journal - 28 Feb 2017 21:18
J.P. Morgan Chase was cautious in some respects during an investor update Tuesday, but it strongly hinted at higher capital payouts.
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Academia Zeroes In On Population Health

Forbes - 28 Feb 2017 18:00
Academia Zeroes In On Population Health The University of Pennsylvania has named longtime Robert Wood Johnson Foundation CEO Risa Lavizzo-Mourey to a new post focused on population health and health equity as an increasing number of universities emphasize the ...
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Paul Brandus: Trump's $30 trillion debt dilemma

Market Watch - 28 Feb 2017 16:58
Trump and his Republican buddies, who dominate both chambers of Congress, are completely on the hook for what happens on the national debt.
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Republican Chris Christie is set to unveil his final budget proposal as governor. Christie will deliver his budget address Tuesday to the Democrat-led Legislature. The current fiscal year's $34.5 billion …
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Price War: Fidelity latest to cut online trading costs Placing online trades getting cheaper; Fidelity cuts U.S. stock trade commission to $4.95        
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Walmart Slashes Prices On Groceries

Forbes - 28 Feb 2017 06:43
Walmart Slashes Prices On Groceries Walmart is cutting prices in a handful of markets as the company readies for Aldi's expansion and the coming price war, according to a report.
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Merchants was accused by the Treasury Department's Financial Crimes Enforcement Network of failing to properly monitor money services businesses that had ownership ties with bank insiders.
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8 Science-Based Tricks For Quieting The Monkey Mind Some proven tricks from psychology to quiet the chatter in your head.
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The Ugly Truth Behind Stock Buybacks

Forbes - 28 Feb 2017 20:40
The Ugly Truth Behind Stock Buybacks Every time executives want to authorize a buyback, this decision should go to a proxy vote. In my mind, this rule should have been implemented long before the buyback binge even got started.
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The service, to be called Intuitive Investor, aims to bring in new, younger clients to its wealth management unit.
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Trump's plans to cut corporate taxes and fears he could end the tax-exempt status of munis have reduced insurers' unrealized gains on muni investments.
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Why Your Brand Needs Multiple CPA Targets

AdWeek - 28 Feb 2017 17:00
Why Your Brand Needs Multiple CPA Targets One of the most powerful capabilities granted by digital advertising, beyond real-time measurement, is segmentation. Segmentation lets us see which audiences and placements are performing best. It lets us put more money ...
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Apple is turning the iPhone into a Samsung Galaxy phone (AAPL) Photo by Kevork Djansezian/Getty Images After years of accusing Samsung of cribbing its designs and ideas, Apple seems to be looking to its smartphone rival for inspiration for the next iPhone. The Wall Street Journal dr...
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