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Business News

Location American Business News for 21 May 2017
Here are the biggest bets made by top hedge funds in the first quarter Carl Court/GettyImages Here they are: The darlings of hedge fund stock pickers. S&P Global Intelligence has released its Hedge Fund Tracker, which takes alook atthe holdings ofthe ten largest pure play hedge funds. Such ...
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From tax to Brexit, the Tories will do anything to stay in power Nothing - not even policies for which Labour was excoriated two years ago - is too much to swallow for a party, and a leader, determined to rise above the fray Jeremy Corbyn may score badly with the wider public, but for...
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Car loans, low rates, second mortgages: all the ingredients for a new credit crunch The relentless rise in consumer borrowing is starting to cause real concern in the financial services industry. And with good reason A credit crunch is brewing and when it happens, the UK is going to get hurt. That is th...
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Colgate buyout could put board member in tough spot

New York Post - 21 May 2017 05:00
Colgate buyout could put board member in tough spot A member of Colgate-Palmolive's board could be in a difficult spot if Kraft-Heinz makes a move on the company. The Post reported last week that Colgate's CEO Ian Cook said he'd be open to a buyout offer at $100 per share...
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City cracks down on oversized Soho retailers

New York Post - 21 May 2017 01:28
City cracks down on oversized Soho retailers The city has cracked down on oversized Soho shops that have operated for years despite zoning laws prohibiting the mammoth retailers. The city Department of Buildings slapped five stores -- Zara, Uniqlo, Hollister, Topsh...
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The New York Stock Exchange is slowing down trading for a key market Frank Polich/Reuters The New York Stock Exchange has won approval for planstointroduce a 350-microsecond delay in trading on its market for small-cap companies. The delay will apply to NYSE American, the market previousl...
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Baby boomers are making it harder for millennials to buy homes Shutterstock If you've been in the market for your dreamhome, you may have found that it's particularly difficult to find one right now. Housing inventory has rachedhistoric lows across the country, and competition is he...
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The Ohio House voted this past week on a workers' compensation budget that blocks workers living in the country illegally who get hurt on the job from accessing compensation benefits. …
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Ebay accused of failing its sellers as fraudulent buyers manipulate the system A website built on the premise that most people are honest is struggling. Now at last there is a promise of more protection, as Anna Tims reports Last November Clive Rose* sold two handmade Japanese swords on eBay, worth...
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Thousands are flocking to a credit card that helps people repair their bad FICO scores and avoid payday loans • Millions of Americans with subprime credit scores don't have access to credit cards or any other reasonably priced way ofborrowing money. • Income volatility has doubled in the past 30 years, and as a result many o...
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Art sales aren't booming despite record sell-off

New York Post - 21 May 2017 06:03
Art sales aren't booming despite record sell-off Three billionaire art collectors sold trophy works at Christie's and Phillips auction houses last week, but the sell-off doesn't mean the market has peaked. "I don't see it as a top," Kenny Ackerman of Ackerman's Fine Ar...
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Australia leads fight to save Trans-Pacific Partnership trade pact Talks in Hanoi are focused on salvaging the free trade deal agreed between 12 nations before Donald Trump pulled the US out Australia is leading the charge to save the controversial Trans-Pacific Partnership free trade d...
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PayPal sues Pandora over similar logo

New York Post - 21 May 2017 05:45
PayPal sues Pandora over similar logo Pandora's logo change isn't music to PayPal's ears. The digital-payment company says Pandora's big blue "P," unveiled in October, damages its business because customers are mistakenly opening the wrong app on their phone...
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3 Ways VR and AI Startups Are Alleviating the Isolation Mentality The smartest VR and AI startups are already targeting this market -- besides being good business, it presents an opportunity to actually improve people's lives.
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Here Are The Next Steps To Tackling The Opioid Epidemic Gary Mendell and Shatterproof are implementing a plan...and it's got lots of science.
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How to break free from the Apple ecosystem (AAPL)

Business Insider - 21 May 2017 16:00
How to break free from the Apple ecosystem (AAPL) Shutterstock/Business Insider The iPhone, Mac, and Apple Watch make for a great team, as they work with each other to streamline common tasks and make them easier to do. However, there are several reasons you might wantt...
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Ultra-high-def TV's image problem, and how to fix it Here's why DVDs may look bad on your UHD television and what to do about it        
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The state has awarded a total of $2 million in grants to upgrade technology in nearly four dozen cities and towns. The information technology grants are made through Republican Gov. …
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There's one big reason the stock market is becoming Trump-proof Corporate earnings growth has proven itself to be a more-than-capable safety net for US stocks -- something that's proven to be a necessity in an era where the latest Donald Trump headline can whipsaw global markets. His...
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Marks & Spencer's underwear is level at 30,000 feet

The Guardian - 21 May 2017 08:00
Marks & Spencer's underwear is level at 30,000 feet M&S's board seem absorbed by a study that finds many Britons 'stuck on autopilot' in their daily lives. But the retailer itself may be changing course Britons are trapped in autopilot mode with 61% sticking to the same, ...
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Exec who charged investors for girlfriend's flight changes firms This former Apollo money man circled the globe -- and not alone. Ali Rashid, the ex-Apollo Global Management senior partner who charged investors for flying his girlfriend around the world, has quietly landed in the New ...
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Gear VR got a massive refresh recently. Not only did a new version of Samsung and Oculus' mobile VR headset release with a new motion controller, but there were updates on the software side, too. These updates were deliv...
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