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Business News

Location American Business News for 14 March 2017
Goldman: The Hidden Risk in Investment Portfolios Goldman Sachs' analysis of professionally managed accounts shows an overreliance on U.S. stocks.
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She'll step down as CEO after Verizon completes its $4.4 billion purchase of the internet company
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SAN FRANCISCO/WASHINGTON
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Intel, Mobileye Deal Adds Drive to Seven Stocks On Semi, Micron, Cypress, NXP, Nvidia, Tower Semi and Infineon could see a boost from the acquisition.
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Don't Expect Pfizer to Make a Mega Acquisition

Barron's - 14 Mar 2017 14:31
Don't Expect Pfizer to Make a Mega Acquisition The drug giant, however, could pursue a large deal if they viewed it overall as creating shareholder value.
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Asset Manager Deal Wave Has Just Begun

Wall Street Journal - 14 Mar 2017 13:00
The pressure on active fund managers has been unrelenting. With two big mergers already signed, there are signs that more deals are on the way.
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More than $14 million in unclaimed tax returns

Miami Herald - 14 Mar 2017 07:59
More than 100,000 Virginia taxpayers who had state refunds loaded onto debit cards haven't collected their money. The Richmond Times-Dispatch reports ( ) that the taxpayers never activated their cards …
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Google Beefs Up Google Drive For Enterprise Customers Google has added a suite of new features that are designed to attract enterprise customers to Google Drive. Find out if Google Drive's new capabilities can help your company.
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Toshiba shares slide on renewed earnings delay It's the second delay and investors expect billions in losses from the US nuclear business.
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U.S. Digital Advertising Will Make $83 Billion This Year, Says EMarketer The so-called duopoly between Facebook and Google to control the bulk of digital ad spend is far from over, according to eMarketer. The firm's newest forecast expects for digital ad spend in the U.S. to grow 15.9 percent...
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Economic Scene: Fed's Challenge, After Raising Rates, May Be Existential In a time of populist policy making and popular anger, the central bank faces a renewed struggle over its independence.
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Euronet just offered $1 billion to buy MoneyGram, outbidding Alibaba's e-payment company pr1001 / Flickr March 14
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Passengers Win As United And American Compete For Chicago O'Hare Business Americana and United launched a spate of new routes from Chicago's O'Hare airport over the last month in what appears to be a competitive battle forming at the Midwestern hub.
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Luxury Brands: 4 Secrets to Marketing in the Digital Age Exclusivity. Experience. Extravagance. These are a few traditional descriptors which come to mind when you think of luxury brands. So what happens when those words meet Instagram, Facebook, and Twitter?
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Zelda: Breath of the Wild tips: How to kill Guardians, climb in the rain, and more The new Zelda game is incredible, and it is also complicated. Breath of the Wild has interlocking systems that enable you to do some incredible things, but you may find yourself overwhelmed when you start. And I’m here...
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The company owned by the family of President Donald Trump's son-in-law is reportedly negotiating to sell a $400 million stake in a New York City skyscraper to a Chinese insurer …
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Samsung made a TV with wooden borders that looks like a picture frame Innovation in TV design is moving away from the dark and sleek to something a little more home-y. Samsung announced on Tuesday a new TV that convincingly looks like a picture frame complete with wooden borders. It can di...
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A Split Decision for Neiman Marcus Debt Holders

Wall Street Journal - 14 Mar 2017 20:46
Neiman Marcus's creditors aren't going to be happy if Hudson's Bay won't assume its debt, but it may be the debt holders' best option.
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Ivanka Trump's brand ditches high-end jewelry

USA Today - 14 Mar 2017 20:07
Ivanka Trump's brand ditches high-end jewelry Ivanka Trump's brand ditches high-end jewelry for a cheaper, more stylish look.        
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You can now hire friends for your selfies

USA Today - 14 Mar 2017 19:56
You can now hire friends for your selfies Too busy to make real friends? Don't worry, this Japanese company wants to supply you with as many bffs as you can afford. Susana Victoria Perez (@susana_vp) has more.        
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Gmail for Android now lets you send and request money Google today announced an update to Gmail for Android that has been a long time coming: the ability to send and request money. You can download the latest version of the app now from Google Play. Google first added the f...
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BRUNNEN, Switzerland
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