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Business News

Location American Business News for 18 June 2017
IndusInd Bank sells Vasan Healthcare loans to Edelweiss ARC IndusInd Bank owned the largest chunk of from Vasan Eye Care's Rs1,100 crore outstanding loans
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Brexiters have voted for a poverty even worse than austerity With living standards already stagnating or declining, the remorseless reaction of the international markets to the referendum vote is starting to make itself felt When I suggested before the election that an ideal outco...
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Legg Mason: A Survivor in the Active-Manager Massacre

Wall Street Journal - 18 Jun 2017 22:20
Legg Mason is capturing decent inflows as other active managers suffer, but its shares are up and future growth is uncertain.
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Business bodies come together in call for softer Brexit Five major business bodies send a Brexit deal wish-list to Business Secretary Greg Clark.
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Whole Foods, then a whole industry? Amazon sinks teeth into supermarkets Jeff Bezos's purchase of the organic food chain is a clear sign that the UK's big grocers will soon be in the fight of their lives Now the UK supermarkets know Amazon is coming - probably. The biggest and most frightenin...
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Humiliation on the high street as security guards rob shoppers of their dignity With budgets under pressure, stores are cutting back their security and using random spot checks to crack down on theft, as Anna Tims reports Penny Keza was about to pay for her shopping at her local Aldi when a security...
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Uber's board allowed total lack of 'very basic HR functions' What is going on in the boardrooms of Silicon Valley? Last week Uber CEO Travis Kalanick needed to temporarily step away from the company he founded because of unruly conduct at the firm, where the pervasiveness of inapp...
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Get ready. Amazon-Whole Foods deal will change how you buy food forever Lower prices are just the beginning.        
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16 signs that your coworker is undermining you

Business Insider - 18 Jun 2017 18:35
16 signs that your coworker is undermining you Paramount Pictures/Youtube Workplace saboteurs can have an insidious impact on the office. A recent University at Buffalo School of Management study found that those who feel undermined at work are more likely to sabotag...
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Two legal groups plan to hold a series of clinics this summer to help Alabama residents take advantage of a new law that ensures most people with felony convictions can …
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Bank tellers are in danger of extinction as the ATM of the future takes over (JPM, BAC) JPMorgan Chase Retail bank branches remain stubbornly relevant, despite an onslaught of digital and tech innovations. But bank tellers' days in those branches could be numbered. The largest banks in the US have been inve...
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Tompor: Packing up credit card tips for stress-less vacation There are some savvy ways to avoid a budget buster involving credit cards this vacation season.        
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Blockbuster first-quarter earnings were 'as good as it gets' Michele Eve Sandberg / Invision / AP Want evidence that first-quarter earnings season was a resounding and undeniable success? There are a bunch of choices. First and foremost, US stock indices surged to record highs as ...
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While he's taking a break, Uber CEO Travis Kalanick should study Elon Musk (TSLA) Reuters/Staff You can easily make the argument that Tesla is the hottest company of the post-financial-crisis period. A surging stock price at the beginning of 2017 and a market cap bigger than Ford, GM, and BMW has help...
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Russia slams Trump's 'Cold War' policy on Cuba

Business Insider - 18 Jun 2017 15:26
Russia slams Trump's 'Cold War' policy on Cuba Mark Wilson/Getty Images Moscow
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Here's what the blowoff stage of a stock market bubble looks like We saw the “blowoff” top in bonds last summer (see this and this). This summer investors get to witness what the “blowoff” stage of a massive stock market bubble looks like. My friend, John Hussman, outlined the ...
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4 'On Fleek' Ways To Attract And Keep Millennial Employees Use these strategies to ensure success with millennial workers.
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Big banks may have an extra $100 billion to spare thanks to Trump, but it's probably not going to go where he wants it to (JPM, GS, C) Chip Somodevilla/Getty Images Big banks could have an extra $100 billion in capital to play with if President Donald Trump's financial regulation planscome to fruition. After the financial crisis, regulators required ban...
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The US economy looks a lot like the period before the tech bubble Tom Szczerbowski/Getty The stars are aligning forthe stock market, but not in the way bulls might like. There are four economic indicators that show remarkable similarities to 1999, the year before the dot-com bubble bur...
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Finisar On The State Of The Optical Components Sector Optical components sector entering the much-awaited second-half sweet spot
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Florida Polytechnic University receives accreditation

News Observer - 18 Jun 2017 09:03
Florida Polytechnic University is now an accredited institution that can award college and graduate school degrees. The Ledger reports ( ) the Lakeland school's certification was announced Friday by the …
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Foreign investors stay glued to Indian market; invest $3.55 billion in June Foreign investors have pumped in a staggering $3.55 billion in the Indian capital market this month so far due to finalisation of GST rates for bulk of the items and forecast of a normal monsoon
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