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Business News

Location American Business News for 26 June 2017
A former national park ranger reveals the worst mistakes tourists make Dirt In My Shoes The INSIDER Summary: Tourists who don't plan their trip to a national park won't get the most out of it. Getting too close to a wild animal to photograph it is a bad idea. So is going off the trail. Ash ...
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USS Fitzgerald reportedly ignored cargo ship's warnings before deadly impact Associated Press/Eugene Hoshiko The captain of the Filipino cargo ship that struck USS Fitzgerald off the coast of Japan, killing seven U.S. sailors, claims the Navy destroyer ignored his ship’s emergency signals befor...
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How to Invest in Bitcoin

Profit Confidential - 26 Jun 2017 17:20
How to Invest in Bitcoin 3 Ways to Invest in Bitcoin I've heard Bitcoin is an amazing investment. Didn't [insert name here] make a fortune off it? Also, do you know how I can buy some? Is there anything I should know first? I get these questions...
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Kadir Nelson's "Bright Star"

The New Yorker - 26 Jun 2017 11:00
Françoise Mouly interviews Kadir Nelson about his cover illustration for this week's issue of The New Yorker, which celebrates the Fourth of July.
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Trump agenda predicted to slow economy in second half

New York Post - 26 Jun 2017 05:31
Trump agenda predicted to slow economy in second half Get ready for the second-half slowdown. The US stock market is off to its second-strongest start to the year since 2000, fueled largely on hope for Trumponomics. But Wall Street is bracing for a pullback in the second ha...
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Why Bitcoin could thrive in a country like India

Business Insider - 26 Jun 2017 02:31
Why Bitcoin could thrive in a country like India Jayanta Dey/Reuters At 1.32 billion, India’s population may have already taken over China’s - making it the most populous country in the world. According to a study by PricewaterhouseCoopers', at least a whopping 233...
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Big 3 Airlines Show Capacity Restraint

Barron's - 26 Jun 2017 21:55
Big 3 Airlines Show Capacity Restraint Delta, American and United are using smaller aircraft, such as 787s instead of 777s in Europe.
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Taco Bell's new Double Chalupa looks nothing like how it was advertised (YUM) Taco Bell Customers are complaining thatTaco Bell's latest "boatload of goodness" is failingto pack the promised meat-and-nacho cheesy punch. While Taco Bell has advertised its Double Chalupa, a limited-time offering tha...
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Bristol Myers Stock Puts in a Tradable Bottom

Profit Confidential - 26 Jun 2017 15:24
Bristol Myers Stock Puts in a Tradable Bottom BMY Stock: All of Sudden, Upside Is Expected All of sudden, a rally has engulfed the pharmaceutical sector. Bids are racking up and they are driving up individual names. This push has done a number on Bristol-Myers Squib...
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Walt Disney's Original Disneyland Map Sells For $708,000 At Auction Walt Disney's Disneyland presentation map, the document that secured funding for the theme park, has sold for $708,000 at an auction in Los Angeles.
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E.U. Commission Approves Billions in Aid for 2 Italian Banks

The New York Times - 26 Jun 2017 00:43
E.U. Commission Approves Billions in Aid for 2 Italian Banks With unexpected speed, European officials approved a plan to use Italian taxpayer money to protect depositors in two faltering banks.
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Apple just bought a company that made eye-tracking 'smart' glasses (AAPL) SensoMotoric Instruments Apple has purchased a small German company that specializes in eye-tracking, MacRumors reported on Monday. The company, SensoMotoric Instruments, previously made a specialized pair of glasses tha...
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Tim Westergren is stepping down from Pandora

USA Today - 26 Jun 2017 22:36
Tim Westergren is stepping down from Pandora Pandora' co-founder and CEO Tim Westergren has announced that he plans to step down from the music company he founded over 17 years ago. Video provided by TheStreet        
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BMW South Carolina plant gets $600M investment, redesigned X3 BMW revealed the redesigned, third-generation X3 sports car on Monday, showing off a slightly longer wheel base and a new three-dimensional grille.        
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Martin Shkreli's criminal trial begins today

Market Watch - 26 Jun 2017 17:12
The "pharma bro" infamously hiked the price of AIDS drug Daraprim. But that has little to do with the criminal case against him, which includes accusations of running a Ponzi-like scheme.
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The conditions are ripe for housing confidence, but renters aren't buying it.
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Case Study: When You Have to Choose Between Core and New Customers

Harvard Business Review - 26 Jun 2017 17:03
An extreme sports company considers a VIP tier.
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Facebook is ready to drop as much as $3 million an episode on TV-style shows (FB) Facebook/Business Insider Facebook is gearing up to announce its first slate of TV-like shows this summer, and the company could spend up to $3 million an episode, according to The Wall Street Journal, putting spending i...
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Investors betting trillions on ethically-appealing stocks may not be getting all they expect Thomson Reuters BOSTON/NEW YORK
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Nestle says it's keeping "an open dialogue with all of our shareholders" after news reports that a U.S. hedge fund has taken a large stake sent shares of the Swiss …
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Women are twice as likely than men to lose their jobs to robots Scott Olson / Getty Images As automation threatens the existence of millions of jobs across the US, not every American is equally at risk of being replaced by a robot. Twice as many women than men are likely to lose thei...
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Robert Soros is stepping down from his father's legendary fund to start his own venture AP Photo/Mark Lennihan Robert Soros, the eldest son of George Soros, is stepping down as deputy chairman and president of Soros Fund Management. Soros, 53, who will remain an owner at the firm, will set up Soros Capital ...
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