Business News
City of Philadelphia Ditches Wells Fargo
NBC News - 2 May 2017 19:40
Wells Fargo just lost a $2 billion government contract with the City of Philadelphia, at least partly due to the bank's "fake account" scandal.
Investors in DryShips Are Not Completely Crazy
Wall Street Journal - 2 May 2017 15:31
There is a method to shareholders' madness in buying the sinking shares of George Economou's DryShips.
Met Gala 2017 By The Numbers
Forbes - 2 May 2017 19:59
Last night's gala raised over $12 million for the Metropolitan Museum of Art's Costume Institute. For those of us who weren't lucky to attend last night, here are some facts and figures behind fashion's biggest night.
High Stakes in Big Pharma's Latest Cancer Race
Wall Street Journal - 2 May 2017 17:43
Merck & Co.'s blockbuster cancer drug faces a big test next week.
Grantham: Don't Expect P/E Ratios to Collapse
Barron's - 2 May 2017 19:57
Jeremy Grantham writes that era of high profit margins has contributed to stubbornly high multiples.
GM ceases operations in Venezuela after plant takeover
Reuters - 2 May 2017 16:36
(Reuters) - General Motors Co said on Tuesday it has ceased operations at its Venezuela plant and will take up to a $100 million charge after a judge ordered the seizure of its plant last month.
The Most Memorable Leadership Advice I've Ever Been Given
inc - 2 May 2017 13:10
Doing everything about the fewest, most important priorities will put you on a path to success.
How to Transform Your Instagram Followers Into Your Next Customers
inc - 2 May 2017 22:40
An audience of more than 600 million monthly active users awaits.
AMD Investors Should Keep Faith Amid Carnage
Barron's - 2 May 2017 21:19
The chipmaker's stock is tumbling due to a disappointing forecast. We think the sell-off is far overdone.
More Triple-Digit Gains Expected for This Semiconductor Stock
Profit Confidential - 2 May 2017 16:28
The Sky Could Be the Limit for This Chip Maker Today's company highlights one of my favorite methods of picking top technology stocks. A great strategy that has the potential to offer huge returns in emerging sectors is ...
IMF says more reforms still needed by Mideast oil exporters
News Observer - 2 May 2017 07:31
The International Monetary Fund said on Tuesday oil exporting countries in the Middle East continue to have the world's largest energy subsidy bill and that additional reforms are still needed …
Fed set to leave interest rates unchanged, may hint at June hike
Reuters - 2 May 2017 07:16
WASHINGTON
Why community bankers should care about blockchain tech
American Banker - 2 May 2017 07:08
Blockchain technology requires major change in people and processes and smaller banks need to prepare, according to Joe Dewey, an attorney at Holland & Knight and author of a new book about distributed ledger technology.
University of Wyoming expecting layoffs amid budget cuts
Miami Herald - 2 May 2017 05:57
The University of Wyoming is expecting layoffs in the coming weeks as it deals with more than $40 million in budget cuts. University spokesman Chad Baldwin tells The Casper Star-Tribune …
Trump's comment about breaking up banks jolts markets
New York Post - 2 May 2017 05:25
An otherwise uneventful trading day on Wall Street on Monday got a middle-of-the-day scare when an off-the-cuff remark by President Trump about breaking up the banks sent markets gyrating for about 14 minutes -- before i...
Guaranty in Texas to become publicly traded -- again
American Banker - 2 May 2017 20:08
The company, which delisted from the Nasdaq in 2005, is looking to raise up to $64 million through an initial public offering.
In Berlin, A New Residential Property For The Future
Forbes - 2 May 2017 17:01
The Fritz is part of wave of new residential projects underway near Berlin's main train station.
There has been a big departure from the New York Stock Exchange
Business Insider - 2 May 2017 16:44
YouTube Peggy Sullivan, a key figure at the New York Stock Exchange, has left the Big Board. Sullivan, who started at NYSEnearly 20 years ago, was vice president of strategic analysis and market data, according to her Li...
No Soup for You! When to Fire Your Customers
inc - 2 May 2017 16:38
I occasionally fire our customers. You should, too.
U.S. lawmakers press United on man dragged off plane
Reuters - 2 May 2017 16:35
WASHINGTON
This Business Tool Can Maximize Value and Mitigate Risk At the Same Time
inc - 2 May 2017 16:27
When buying or selling a business, it is critical to have this tool in your bag, and understand how to use it.
The Czech government is resigning after a dispute with the finance minister
Business Insider - 2 May 2017 16:07
Ints Kalnins/Reuters Czech Prime Minister Bohuslav Sobotka said on Tuesday he would resign along with the whole cabinet in response to a row with his Finance Minister Andrej Babis. Sobotka said the resignation would allo...