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Business News

Location American Business News for 6 April 2017

Watch the Navy's LOCUST launcher fire a swarm of drones

Business Insider - 6 Apr 2017 16:29
Watch the Navy's LOCUST launcher fire a swarm of drones The Navy's new LOCUST (Low-Cost UAV Swarming Technology) launchers fire a swarm of drones that can jam enemy communications, and waste enemy resources by drawing fire. The launchers are capable of tube-launching 31 drone...
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Trump must avoid falling into the employment report trap Friday's employment report for March will give Trump another chance to fall into a trap that has captured so many other presidents. The experts are expecting growth of 175,000 to 180,000 jobs, which is rather ordinary co...
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How Failing on The TED Stage Changed my Life There are some great speaking lessons to be learned from the TED conference. I learned them the hard way.
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Long-term U.S. mortgage rates fell this week for a third straight week, approaching their low points for the year. Mortgage buyer Freddie Mac says the rate on 30-year fixed-rate home …
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How Laplanche's new venture differs from Lending Club

American Banker - 6 Apr 2017 18:54
Upgrade, an online lender started by former Lending Club CEO Renaud Laplanche, will tout credit monitoring and education features to stand out in a crowded field.
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How the Fed could bail out Trump and the US

New York Post - 6 Apr 2017 05:43
How the Fed could bail out Trump and the US Donald Trump inherited nearly $20 trillion in debt when he became president. He also inherited a financial puzzle that, if pieced together in his favor, could make that debt decline appreciably. Or, in the worst case sce...
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Forbes To Track The Top Ten Global Automakers In conjunction with JATO, Forbes ranks global automakers according to true sales/registrations.
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Accounting cops have tough task of cracking down on corporate fraud When it comes to policing corporate fraud, independent auditors are supposed to be the cops on the beat, but too often they miss or overlook important clues that signal big trouble is brewing. That's among the conclusion...
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Trump's pick to head the FDA might be too close to the pharmaceutical industry American Enterprise Institute via Reuters President Trump has been pressing for proposals to lower prescription drug prices to the point that he has begun conferring with a senior Democratic lawmaker on ways to prevent t...
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Investors breathe life into Walgreen-Rite Aid merger

New York Post - 6 Apr 2017 06:05
Investors breathe life into Walgreen-Rite Aid merger There could be help on the horizon for the challenged $9.7 billion tie-up between Walgreen and Rite Aid, The Post has learned. More than one prominent investor has recently approached Fred's Inc. about investing money in...
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Hedge funds are investing in bank stocks at record pace Come on, hedgies -- you call bank stocks an alternative investment? Hedge funds' exposure to bank stocks hit record levels at the start of 2017, but many may have piled into the trade too late. Hedge funds had 5.1 percen...
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13 things you're doing that make people dislike you immediately REUTERS/Kai Pfaffenbach Everyone's got a story about how they thought a certain friendwas mean the first time they met, but realized later that he or she is actually the nicest person ever. Generally, you've only got a f...
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China's new special economic zone in Hebei spurred a sudden surge in property investors but analysts are less upbeat.
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13 subtle clues your relationship is about to end

Business Insider - 6 Apr 2017 21:37
13 subtle clues your relationship is about to end REUTERS/Carlo Allegri Relationships tend to happen quickly, but they can also end just as soon as they began. At the start, you might experience butterflies and exciting adventures, but certain signs your relationship mi...
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Two IPhone 8 Suppliers Set to Gain

Barron's - 6 Apr 2017 21:05
Two IPhone 8 Suppliers Set to Gain Aehr Test Systems is a clear-cut winner. Intevac will gain with wireless-charging adoption.
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Sweeping reg relief? Bankers aren't counting on it

American Banker - 6 Apr 2017 18:54
A recent survey found that a vast majority of bankers only expect lawmakers to make moderate changes to existing industry regulation.
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The wacky 52-year-long evolution of dating shows on TV

Business Insider - 6 Apr 2017 18:28
The wacky 52-year-long evolution of dating shows on TV ABC The INSIDER Summary: Dating reality shows started back in 1965 when "The Dating Game" premiered on ABC. Since then, the genre has skyrocketed into success. What started as televised matchmaking has since turned into ...
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The Chip Stocks That Don't Need a Smartphone Supercycle

Wall Street Journal - 6 Apr 2017 18:03
Complexity of new devices means Broadcom, Qorvo and Skyworks can sell more chips per phone.
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China is building a brand-new city twice the size of New York City REUTERS/Kim Kyung-Hoon At a total area of 305 square miles, New York City is quite the sight to behold. So imagine the opulence of Xiongan New Area, a newly proposed city in China that would measure 772 square miles when...
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RIP Don Rickles. Enjoy His Best Celebrity Burns

Fast Company - 6 Apr 2017 18:41
RIP Don Rickles. Enjoy His Best Celebrity Burns Calling someone names may be mean and immature, but when Don Rickles did it, it was art. The quick-witted comic died today, of kidney failure, at age 90. He leaves behind a rich legacy of dragging people’s names throug...
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Stocks wobble in the early going a day after late sell-off US stocks are meandering in early trading day after a late tumble
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(Reuters) - Seven & i Holdings Co on Thursday said it would buy convenience stores and petrol stations from Texas-based Sunoco LP for about $3.3 billion, as the Japanese retailer closes in on its goal to reach 10,000 Nor...
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