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Business News

Location American Business News for 13 March 2017
The Fed boosts rate-hike expectations and Treasury yield volatility falls. Are investors too complacent?
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Don't Give Up on Oil Yet

Barron's - 13 Mar 2017 21:48
Don't Give Up on Oil Yet Oil and oil stocks are out of favor - but not on their way to oblivion. Investors should wait for buying opportunities instead of selling off.
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Robot 'Gita' on the street

USA Today - 13 Mar 2017 19:44
Robot 'Gita' on the street Ed Baig shows off Gita, a prototype indoor or outdoor robot, designed to help business or people carry bags or deliver stuff.        
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Buoyed by foreign interest in its Thai property projects, property developer Sansiri is expanding internationally.
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The Neuroscience of Building Compassion and Resilience How the lessons of neuroscience can help us build compassion and resilience when facing challenges.
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Air Products' Yingde Bid May Be Losing Air

Wall Street Journal - 13 Mar 2017 18:53
Rival bidder PAG looks to have accumulated enough shares to block Air Products from owning big Chinese industrial-gas player Yingde.
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Construction-Equipment Picks to Buy on Weakness Cummins, Deere, Caterpillar and Terex will benefit as pricing improve.
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'You are feeding people's animosity': CNN host confronts Kellyanne Conway over claims about surveillance, healthcare CNN CNN anchor Chris Cuomo grilled President Donald Trump's top counselor Kellyanne Conway on Monday about the president's unfounded surveillance claims and the quality of the Republican plan to replace the Affordable Ca...
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OracleVoice: Machine Learning Stands To Transform The Way We Communicate With adaptive intelligent applications, organizations can offer personalized recommendations to customers by getting to the heart of their individual business needs, purchasing decisions, interests, and patterns.
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The Congressional Budget Office is a scorekeeper suddenly in the spotlight. Monday's estimate of the House GOP's health care measure gave ammunition to Democratic critics of the law, predicting that …
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Okta Files Registration Statement for Proposed Initial Public Offering PRESS RELEASE: Today Okta announced that it has publicly filed a registration statement with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed initial public offering of shares of its Class A com...
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Ciena's Miss Hasn't Marred the Sector

Barron's - 13 Mar 2017 21:20
Ciena's Miss Hasn't Marred the Sector Sentiment on both Arista and CommScope has improved and even Ciena itself may have limited downside from here.
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ATLANTA (AP) -- Former U.S. Attorney General Eric Holder is hammering Georgia Republicans for what he calls a "power grab" as the GOP tries to redraw several legislative districts to benefit sitting lawmakers.
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D+H to be acquired, merged with Misys

American Banker - 13 Mar 2017 20:08
The private-equity firm Vista Equity Partners will acquire D+H in a deal valued at $3.57 billion.
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A spokeswoman for House Speaker Paul Ryan (R-WI) on Monday said that Ryan does not agree with Rep. Steve King's (R-IA) Sunday tweet contending that "civilization" can't be restored "with somebody else's babies." "The spe...
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Intel's Leap of Faith in Driverless Cars

Wall Street Journal - 13 Mar 2017 19:36
Buying Mobileye at a high valuation is risky, but Intel can't afford to miss another growth market.
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The INSIDER Summary: Netflix announced itsrenewing "A Series of Unfortunate Events" for a second season. The renewal announcement came in the form of a secret message. The story picks up with adaptations of the next five...
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Struggling Fairway Market quietly taps new CEO

New York Post - 13 Mar 2017 19:27
Struggling Fairway Market quietly taps new CEO Fairway Market has a new boss. The struggling grocer has quietly named Abel Porter, a supermarket veteran who had been a consultant to the company, to succeed Jack Murphy as chief executive, according to a report. Owned ...
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Raphael Bostic Named President of Atlanta Fed

The New York Times - 13 Mar 2017 18:52
Raphael Bostic Named President of Atlanta Fed Mr. Bostic will become the first African-American to serve as president of any of the Fed's 12 regional reserve banks, and the fourth to serve on the Federal Open Market Committee.
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Italy and Mexico tracked down a fugitive mafia leader using his own Facebook posts Mexican attorney general/Univision A high-level member of Italy's Camorra mafia group was apprehended in northeast Mexico on Saturday, after authorities tracked him down on Facebook. Giulio Perrone was first charged in 1...
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Intel to buy Mobileye for $15 billion

USA Today - 13 Mar 2017 18:18
Intel to buy Mobileye for $15 billion Intel will buy Israeli-based Mobileye for $15 billion. The company specializes in creating chips and software for autonomous vehicles.        
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Sketch Guy: The Wish List I Made After My Wife Almost Died

The New York Times - 13 Mar 2017 17:19
Sketch Guy: The Wish List I Made After My Wife Almost Died The shock of nearly losing a loved one can bring things into focus. What's on your wish list? What might you regret if you don't do it soon?
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