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Business News

Location American Business News for 3 April 2017
This turbine can harvest green energy in water currents as slow as 2 mph A Canadian company has designed a water turbine which can harvest energy in slow moving water. "Waterotor" can work in currents as slow as 2 mph which means it could be used in almost anyriver, canal, or ocean current. T...
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Truck, SUV sales keep rising as car sales continue to slide America's love affair with SUVs and trucks continued in March as Ford, Honda and Nissan all reported big increases for both
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Bristol-Myers May Be Hedging on IO

Barron's - 3 Apr 2017 21:33
Bristol-Myers May Be Hedging on IO A partnership with Incyte may mean Bristol-Myers is hedging its immuno-oncology combination strategy.
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U.S. stocks are mostly lower in early trading Monday, the first day of trading in the second quarter. Tesla is rising after it disclosed a jump in quarterly deliveries, but …
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Man sues Verizon for 'fraudulent charges' on cellphone bill Verizon knowingly bills its customers for fraudulent charges until they complain, according a new class-action lawsuit. Brooklyn lawyer and plaintiff Lowell Sidney told The Post that he uncovered the money-grubbing tacti...
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Big Japanese manufacturers are gaining momentum

Business Insider - 3 Apr 2017 05:27
Joe Mann/AFP/Getty Images Confidence is rising among big manufacturers in Japan, the latest data shows. Japan's quarterly Tankan survey released by the Japanese central bank showed that business sentiment improved in the...
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Mainland China's Stock Exchanges Close For Tomb Sweeping Day U.S.-listed shares such as Alibaba Group will trade as usual
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The Buffalo, N.Y., company is filling gaps created when Mark Czarnecki, its former president, died in February after a battle with pancreatic cancer.
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'S-Town' Podcast Breaks Records With Captivating Story And Music 'S-Town' has been downloaded more than 10 million times within the first four days of its release.
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Enjoy Doing Your Taxes This Year, Because Next Year Will Be a Nightmare Trump's proposed 14 percent reduction for the IRS would necessitate a sharp cutback in enforcement and customer service.
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Volkswagen Share Sale Keeps the Automaker a Family Affair

The New York Times - 3 Apr 2017 18:28
Volkswagen Share Sale Keeps the Automaker a Family Affair The Porsche family patriarch Ferdinand Piëch is selling most of his stake to relatives rather than to an outside investor who might have demanded changes.
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Don't Write Off Pharma's Nightmare Scenario

Wall Street Journal - 3 Apr 2017 18:13
Drug-price rhetoric translating into law is nearly unthinkable for investors, but the risk still shouldn't be ignored.
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The Lakers may have had the most costly win of the NBA season Jae C. Hong/AP Though tanking is often frowned upon in the NBA, there's little doubt that it's the smart move for the Los Angeles Lakers this season. The Lakers have made no secret of their desire to lose as many games a...
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The oil market is finally starting to make sense

Business Insider - 3 Apr 2017 16:33
The oil market is finally starting to make sense Andrew Burton/Getty Companies that provide oil and gas drilling services had to lower pricesfor their clients during the most recent oil crash. Some oilfield-services providers lowered prices for offshore drilling by as ...
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A resurgence among American manufacturers that began last fall and picked up after the election of Donald Trump carried on in March, with employment rising to the highest level in six years, according to a survey of exec...
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Snapchat Rolls Out First Major Product Since Its IPO in March This is Snapchat's first new product since its initial public offering in early March.
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U.S. developers ramped up construction spending in February to the largest amount in nearly 11 years, led by more building of homes, highways and schools. Construction spending rose 0.8 percent …
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Apple may start making its own graphics chips for iPhone Imagination Technologies charges Apple with ditch licensing deal on GPUs for its devices.        
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Here's why there are mysterious giant arrows across the US In the 1920s, the US government started delivering mail by plane. But planes could only travel during the day. Delivering a letter from coast to coast required a plane and then a train that would travel at night. So the ...
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Trouble Bubbling Under at Chinese Banks

Wall Street Journal - 3 Apr 2017 11:21
Good results last year mask some worrying underlying trends for Chinese lenders.
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Marvel Exec Suggests Comic Sales Fell Because Readers 'Didn't Want Female Characters' Over the past few years, the elite club of iconic comic superheroes went from being exclusively white and male ― Superman, Batman, Spider-Man, Iron Man, all the mans ― to incorporating women and people of color into ...
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See which major restaurants serve Coke vs. Pepsi

Business Insider - 3 Apr 2017 16:37
See which major restaurants serve Coke vs. Pepsi For all you die-hard Pepsi fans out there, we understand how hard it can be to find a place to eat that serves your beverage of choice. That's why we've put together a list of what soft drinkbrand is served at the 39 top...
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