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Business News

Location American Business News for 16 March 2017

Trump budget slashes HUD funding, but keeps FHA intact

American Banker - 16 Mar 2017 21:08
President Trump's budget released Thursday calls for slashing the Department of Housing and Urban Development's funding by 13%, or $6.2 billion, compared with 2016 levels, a blow to many bankers who say affordable housin...
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Fed interest rate hikes will soon be yesterday's news

New York Post - 16 Mar 2017 05:57
Fed interest rate hikes will soon be yesterday's news The Federal Reserve raised US interest rates on Wednesday -- just as expected. And later this year, in the last months of Janet Yellen's reign as chairwoman, there are likely to be more hikes -- two more, maybe even thre...
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German prosecutors search Volkswagen law firm that probed emissions scandal Prosecutors foraged through the offices of law firm Jones Day seeking material.        
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Lam Research a Top Sector Pick

Barron's - 16 Mar 2017 21:25
Lam Research a Top Sector Pick The company will benefit from better NAND trends. Applied Materials and MKS look good on pullbacks.
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A Navy SEAL explains why you should end a shower with cold water Former Navy SEAL Clint Emerson, author of 100 Deadly Skills: The SEAL Operative's Guide to Eluding Pursuers, Evading Capture, and Surviving Any Dangerous Situation, explainswhy it can be healthy for you to end a shower w...
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Brene Brown on the One Question You Need to Ask About People You Despise Emotional intelligence expert and TED SpeakerBrene Brown knows one simple question that will help you connect with others - even if you truly dislike them
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Celgene Shows Savvy as Gilead Keeps Backsliding Celgene has rebounded from the biotech rout and is loading up on small biotechs such as Alliqua.
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U.S. President Donald Trump has vowed to get tough on trade partners like China, Mexico and Germany. Now his Treasury chief, Steven Mnuchin, will get his first opportunity to confront …
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The Bank of Japan leaves policy unchanged

Business Insider - 16 Mar 2017 06:34
The Bank of Japan leaves policy unchanged Chris McGrath/Getty Images The Bank of Japan has left monetary policy unchanged at the conclusion of its March policy meeting, a decision that was unilaterally expected by financial markets. Voting 7-2 in favour of the m...
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Private companies confident, but reportedly unprepared for cyberattacks (Reuters) – The chief executives of some of the worlds’ leading private companies are confident about their firms’ prospects and plan to recruit more staff, but are ill-prepared for cyberattacks, according to a rep...
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A Wall Street Trader's Diary: How I Went From Reckless Risk to Reliable Returns Rule Number 1: the financial system ALWAYS gets more complicated.
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Oracle Earnings Takeaways: IaaS Gaining Importance Oracle released its Q3'17 earnings on March 15 and managed to beat its own guidance, as cloud revenues continued to grow faster than the fall in legacy software license sales, which was supported by accelerated sequentia...
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Toyota is adding lifesaving technology to the 2017 sedan and many of its other passenger cars.
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Amazon puts Alexa inside its main iPhone app

Venture Beat - 16 Mar 2017 17:44
Amazon puts Alexa inside its main iPhone app Starting today and available to all iPhone users next week, you can talk to Amazon’s intelligent assistant Alexa while using the Amazon app. Naturally, the voice assistant is able to shop and track packages, but it can...
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Canada Goose Shares Fly Higher In $250 Million IPO The luxury retailer, which makes $900 parkas, saw shares pop 40% on Thursday.
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CREDIT SUISSE: Williams-Sonoma faces 'concerning underlying trends' (WSM) Bargain moose, Flickr High-endhome furniture and kitchenware retailer Williams-Sonoma is not immune to the pressures ofthe retail industry. A note out March 16 by a group of Credit Suisse equity research analysts led by ...
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Canada Goose explodes 40% in opening minutes of trading (GOOS) Facebook/Canada Goose Canada Goose popped nearly 40% inits opening minutesof trading Thursday. The Canadian luxury retailer opened for trading at $18.00 a share after pricing at $12.78 (C$17.00) on Wednesday evening. Wed...
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U.S. stock indexes held steady Thursday, while bond yields recovered some of their sharp losses from the prior day. Stock markets around the world rallied. KEEPING SCORE: The Standard & …
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How To Design an Employee Wellness Program on a Small Business Budget A company is only going to be as successful as the well-being of their employees. Here's how to start a wellness program on a small business budget.
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Employers posted more open positions in January and the number of Americans quitting jumped, evidence that the job market is steadily improving. The Labor Department says job openings rose 1.6 …
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Seth Meyers: The real revelation of Trump's leaked tax return "Late Night with Seth Meyers"/NBC; YouTube Seth Meyers mocked the hype and subsequent disappointment some people felt around President Donald Trump's recently released 2005 tax return. "Rachel Maddow aired an exclusive r...
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British Regulators to Investigate 21st Century Fox's Deal for Sky Announced in December, the takeover immediately raised criticism in Britain, where Rupert Murdoch already holds several media interests.
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