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Business News

Location American Business News for 11 May 2017

'Brexit' Imperils London's Claim as Banker to the Planet

The New York Times - 11 May 2017 06:02
'Brexit' Imperils London's Claim as Banker to the Planet Britain's abandonment of the European Union jeopardizes London's status as the leading hub of international finance.
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In 10 Years Job Hunting Will Be Obsolete Whether you're employed will depend on how a secret algorithm interprets your Web footprint.
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New Pirates of the Caribbean Mobile Game Launches Ahead of Fifth Film South Korean game developer and publisher Joycity launched Pirates of the Caribbean: Tides of War on iOS and Android. The free-to-play naval warfare game is inspired by Disney's popular Pirates of the Caribbean film fran...
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Japanese automaker Nissan Motor Co.'s profit rose by 27 percent in the fiscal year that ended in March to 663.5 billion yen ($5.8 billion), as strong sales in the U.S., …
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How Sephora Is Thriving Amid a Retail Crisis

The New York Times - 11 May 2017 06:00
How Sephora Is Thriving Amid a Retail Crisis The top beauty retailer in the world is embracing technology, not fighting it, and making its stores into playgrounds.
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Here's what it's like inside a North Korean grocery store

Business Insider - 11 May 2017 17:45
Here's what it's like inside a North Korean grocery store Damir Sagoli From carrot-flavored toothpaste and charcoal facemasks to motorcycles and solar panels, visitors to North Korea say they are seeing more and more locally made products in the isolated country's shops and sup...
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A giant map of the 2016 election results was spotted being hung in the White House The Trump administration appears to be hanging a giant map of the 2016 presidential election results in the White House. Trey Yingst -- the chief White House correspondent for One America News -- spotted the map going up...
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The state of small business: What banks need to know

American Banker - 11 May 2017 17:08
The good news: SBA lending is going gangbusters and business owners are optimistic about growth prospects and their ability to access credit. The not-so-good news: Many firms are still not particularly interested in borr...
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We Converted $100 Into As Many Currencies As Possible

FiveThirtyEight - 11 May 2017 16:34
We Converted $100 Into As Many Currencies As Possible A few years ago, passing by a currency-exchange shop, I wondered how long it would take to lose all my money in commissions and fees by trading cash back and forth between different countries’ bills and coins. I was cu...
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How to Grow a Successful Business With Your Spouse, Best Friend or Family Member Working with someone you're close to can get sticky. But with the right motivation and boundaries, it can work.
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An unfamiliar number appears on your cellphone. It is from your area code, so you answer it, thinking it might be important. There is an unnatural pause after you say …
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Wells Fargo is slashing costs by $2 billion (WFC)

Business Insider - 11 May 2017 16:54
Wells Fargo is slashing costs by $2 billion (WFC) Justin Sullivan/Getty Images
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Asian markets were largely higher Thursday, boosted by a bounce for oil prices, but liquidity concerns continued to vex China markets. The Kospi was headed for a record.
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America has a big ol' pile of cash just waiting to be unlocked I have a prediction. By this time next year, Congress will still be debating tax reform even as the US economy continues to suffer through the slowest recovery in modern history. Come December, we will "celebrate" the 10...
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Canadian company buys Charlie Brown and pals for $345M

New York Post - 11 May 2017 04:24
Canadian company buys Charlie Brown and pals for $345M Charlie Brown in a toque? The lovable loser, his pet, Snoopy, and the rest of the Peanuts gang are moving north -- to Canada, it was announced on Wednesday. Iconix Brand Group, a licensing firm that owns 80 percent of th...
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FBI Raids GOP Consulting Firm Tied To Conservative Scam PACs

The Huffington Post - 11 May 2017 22:48
FBI Raids GOP Consulting Firm Tied To Conservative Scam PACs WASHINGTON ― The FBI on Thursday raided the Annapolis, Maryland offices of Strategic Campaign Group, a Republican Party consulting firm known for raising money for shady political action committees. The Capital Gazette...
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TRUMP: I wanted to fire 'showboat' James Comey anyway

Business Insider - 11 May 2017 20:36
TRUMP: I wanted to fire 'showboat' James Comey anyway Getty Images President Donald Trump changed the White House narrative surrounding the firing of FBI Director James Comey on Thursday, saying he would have fired Comey "regardless" of whetherthe Justice Department recomme...
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Mormon church cuts ties with Boy Scouts in US, Canada following Scouts' move to accept transgender boys REUTERS/Noah Berger
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The most interesting things you can buy on Amazon right now TheInsider Picksteam writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. If you're an avid Amazon shopper, you probably think you kno...
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This doctor's office charges $150 a month and doesn't take insurance -- and it could be the future of medicine Dr. Robin Berzin runs a boutique medical practice out of a WeWork coworking spacein New York City. Every day, she runs into 20- and 30-somethings who are eager to share their concerns with her -- like weight gain, sleep ...
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The roughly $2 million investment comes as banks keep joining (and in some cases, leaving) various distributed ledger projects as they try to pick the winners in a young field.
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Seth Meyers: Trump's latest move was 'like something out of a dictatorship' YouTube/NBC Seth Meyers took a lot of time on Wednesday night's "A Closer Look" segment on his "Late Night" show to talk about the firing of former FBI Director James Comedy, which he described as "a surreal and chaotic ...
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