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Business News

Location American Business News for 27 May 2017

Ford Races Toward an Exciting Future

Barron's - 27 May 2017 07:07
Ford Races Toward an Exciting Future New CEO Jim Hackett looks like an inspired choice to rev up Ford's self-driving car efforts and lift its stock.
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It's Time for Investors to Pounce on Banks

Barron's - 27 May 2017 06:38
It's Time for Investors to Pounce on Banks Citigroup could be a big winner in this year's stress tests. Here's how to position yourself to take advantage.
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Beyond the Hamptons: Summer-Rental Arbitrage

Barron's - 27 May 2017 06:20
Beyond the Hamptons: Summer-Rental Arbitrage From Palm Springs to Martha's Vineyard, we find the hidden values in the luxury market.
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$8 billion Atlassian brings on a new CMO to help it move in on Microsoft Office (TEAM, MSFT) Atlassian Atlassian, the $8 billion Aussie teamwork software titan, is a little different from most tech companies. Just for starters, when it filed for its 2015 IPO, it revealed that it had been consistently profitable ...
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A Kuwaiti logistics company has agreed to pay $95 million to resolve allegations that it inflated prices and defrauded the U.S. government for contracts to feed American troops in Iraq, …
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Rex Tillerson: The West must do a better job making immigrants feel welcome REUTERS/JUNG Yeon-Je/Pool Western countries have to grapple with the problem of assimilation in addition to more direct counterterrorism tactics, Secretary ofState Rex Tillerson said on Friday. "For whatever reason, as p...
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Orange Juice Prices Getting Beaten to a Pulp

Barron's - 27 May 2017 06:46
Orange Juice Prices Getting Beaten to a Pulp A bumper crop from Brazil is about to reach U.S. shores, ending a brief uptick in prices.
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He made record profits for automaker during his short tenure at the top, but could not survive a 40% plunge in stock price
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Chipotle says hackers used malware to steal customer payment data from most stores; amount of payment cards or customers affected is unknown.
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Puerto Rico governor is searching for 'clarity' on $74B debt Hedge fund managers are feeling pain during what Puerto Rico's governor said is one of the "most challenging times" in the island's financial history. At issue are the billions hedge funds such as Aurelius Capital Manage...
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A Smart Strategy for Municipal Bond Investors

Barron's - 27 May 2017 06:57
A Smart Strategy for Municipal Bond Investors Laddered muni portfolios like Eaton Vance's are a good bet for tax-sensitive investors. A way for small investors to play.
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A Compelling Case for Alternative Assets

Barron's - 27 May 2017 06:20
A Compelling Case for Alternative Assets Brookfield's Sam Pollock sees long-term opportunities in infrastructure investing, especially in the developing world.
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Here's how Trump's salary compares to other leaders in countries with the biggest economies Being a world leader isn't merely about having a powerful military arsenal at your disposal or inspiring a generation of youth to become productive members of society. It's also about the delicate balancing act between p...
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Wall Street's workforce is slowly and relentlessly shrinking It's relentless. Every year, the number of bankers and traders employed by the largest banks on Wall Street shrinks a little. Headcount across investment banking, equities and fixed-income trading at the top 12 banks dro...
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Former Ivy League admissions officer reveals how schools pick students Courtesy of Stefan Stoykov High-school students all over the country are putting the finishing touches on their college applications. While the decision process may appear shrouded in mystery for college hopefuls, admiss...
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LinkedIn founder Reid Hoffman and Bill Gates team up for a $30 million investment in petition site Change.org (MSFT) Steve Jennings/Getty Images LinkedIn cofounder Reid Hoffman is leading a $30 million investment in Change.org, the for-profit"social change platform" that's best known as a site for activists to post petitions to the pub...
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A federally funded economic development organization that has helped bring and save hundreds of jobs in depressed areas of Maine, New Hampshire, Vermont and upstate New York is slated for …
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How to Find Your Million-Dollar Business Idea By Tapping New Census Data New Census data reveals the many diverse fields--from carpet cleaning to real estate brokering--where everyday Americans are breaking $1 million in annual revenue.
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Texas company sues Alabama school system

Miami Herald - 27 May 2017 16:07
A Texas company is suing an Alabama school system over an educational program for young prisoners. Grade Results maintains the Athens Board of Education owes it more than $2 million …
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NVIDIA Stock Gets $4.0 Billion from Japanese Billionaire

Profit Confidential - 27 May 2017 13:00
NVIDIA Stock Gets $4.0 Billion from Japanese Billionaire Is This Good News for NVDA Stock? SoftBank Group Corp. is a powerhouse in Asia, yet it is unknown to many Americans. That might explain why investors ignored SoftBank's $4.0 billion investment in NVIDIA Corporation (NASD...
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Parsons School Of Design Reveals Innovative Support Of Alumni Innovative partnerships between students and their college alma maters can create win win collaborations for students, alumni, and the institution.
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The Pentagon is planning its first test of a system for shooting down an intercontinental-range missile. Officials say the goal is to more closely simulate a North Korean ICBM aimed …
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