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Business News

Location American Business News for 22 April 2017
Lampert's Seritage Strategy Could Lead to Long-Term Gains The REIT is signing on new tenants who pay substantially more rent than did the closing Sears stores.
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The Burt Reynolds Stock Market

Barron's - 22 Apr 2017 07:22
The Burt Reynolds Stock Market Maybe, just this once, a bell will actually ring as the market nears a top.
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It's Time to Put Some Money Into Banks

Barron's - 22 Apr 2017 07:12
It's Time to Put Some Money Into Banks After a postelection run-up, bank stocks have fallen back to earth. Bank of America and others look like buys.
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Drugmaker Sarepta's Stock Could Double or More

Barron's - 22 Apr 2017 08:00
Drugmaker Sarepta's Stock Could Double or More Sarepta's Duchenne muscular dystrophy drug could attract a deep-pocketed acquirer.
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I.M.F. Torn Over Whether to Bail Out Greece Once Again

The New York Times - 22 Apr 2017 02:00
I.M.F. Torn Over Whether to Bail Out Greece Once Again The Trump administration appears to have little appetite for another European economic relief project. And calls are growing for Europe to help.
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Smoot-Hawley Tariff: A Bad Law, Badly Timed

Barron's - 22 Apr 2017 07:46
Smoot-Hawley Tariff: A Bad Law, Badly Timed You'd have to go back more than 200 years to see Congress passing a worse law than the Smoot-Hawley Tariff Act of 1930.
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A Warning Signal on Emerging Market Corporate-Debt Rally A Washington think tank cautions about heavy issuance--with some caveats.
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Sears to close 50 auto centers, 92 Kmart pharmacies to cut costs Sears Holdings plans to close scores of Sears Auto Center locations and underperforming Kmart pharmacies as part of its effort to cut costs by $1.25 billion this year. The Hoffman Estates-based retailer already has close...
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Does a condo seller have an obligation to inform a buyer about a noisy neighbor? Question: We purchased a condominium in a small complex and in a great location for an incredibly low price because the previous owners had to move suddenly. Shortly after we moved in we started hearing strange outbursts...
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Finding Value Abroad

Barron's - 22 Apr 2017 07:31
Finding Value Abroad Daniel Roe, chief investment officer of indie firm Budros, Ruhlin & Roe, sees developing markets outperforming developed markets over the next five to seven years.
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eSports is on the brink of becoming a billion-dollar industry YouTube/Riot Despite eSports' swift audience growth, when it comes to brand sponsorships, the industry is lagging behind and investment is largely driven by partnerships with other sports properties and leagues. While th...
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The leader of Venezuela's rebellious congress has a message for the world's capitalists: Think twice before signing another check to President Nicolas Maduro's government. Amid anti-Maduro protests roiling Venezuela, lea...
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Banks cast doubt on Trump pulling off tax overhaul this year Wall Street banks aren't buying the White House line that tax reform can be OK'd this year. Even as President Trump on Friday vowed to introduce new details about a tax code overhaul on April 26, major US banks don't see...
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7 Rules for Succeeding as a Franchise Owner (Instead of Retiring) Here's a 91-year-old's advice on how to thrive while working into your golden years.
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A contractor says business is picking up at the Port of Vicksburg, reflecting better performance in the economy. The Vicksburg Post reports ( ) that the tonnage for incoming freight …
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Gamblers lost more at Mississippi casinos in March, as revenue rebounded from a dismal February. State Revenue Department figures show gamblers lost $202 million last month, up 7 percent from …
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CREDIT SUISSE: JCPenney is finally responding to the death of brick-and-mortar retail Skye Gould/Business Insider Business Insider Things have not been easy for brick-and-mortar retailers. Across the retail industry, stores are closing at a clip and firms are witnessingtheir profits diminish as e-commerce...
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The owner of a Louisiana tax preparation business has pleaded guilty to filing a false tax return and failing to pay more than $350,000 in taxes. Acting U.S. Attorney Alexander …
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Major changes coming to how your credit score is calculated The math behind your credit score is getting an overhaul.        
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New York Attorney General Eric Schneiderman says an investigation by his office found hundreds of vehicles had been sold to consumers without disclosing serious safety issues. Schneiderman says he has …
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Vicki von Holzhausen Makes Vegan Leather Luxurious With Her Handbag Brand von Holzhausen Von Holzhausen used her expertise to find traditional materials made in an environmentally conscious way, as well as more advanced, unique materials from the auto industry, combining them with clean and timeless shapes t...
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A Change of Luck at MGM Resorts

Barron's - 22 Apr 2017 08:43
A Change of Luck at MGM Resorts Don't expect the casino giant to crap out this time when it reports first-quarter earnings.
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