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Business News

Location American Business News for 27 June 2017

5 REIT Plays for Yield and Long-Term Growth

Barron's - 27 Jun 2017 14:10
5 REIT Plays for Yield and Long-Term Growth West Loop Realty fund's Matt Werner thinks retail REITs are oversold; opportunities in cell towers and offices.
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'Lost Cobra' Billboards Scare Up Foot Traffic to San Francisco Retail Store A San Francisco clothing store is drumming up foot traffic with an unusual approach--nine ominous billboards about a lost cobra. "Our beloved Mr. Chips has gone missing," reads the copy, next to a giant black and white p...
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Advance Auto Parts cuts 475 jobs as sales waver

USA Today - 27 Jun 2017 16:42
Advance Auto Parts cuts 475 jobs as sales waver Advance Auto Parts cut nearly 500 jobs as it seeks a turnaround predicated on store upgrades after two consecutive years of sales declines.        
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Where To Find America's Worst Drivers

Forbes - 27 Jun 2017 07:39
Where To Find America's Worst Drivers You probably think it's where you live, but here's the list of U.S. cities in which motorists get into crashes most frequently.
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Supreme Court to hear case that may muffle whistleblowers The Supreme Court said on Monday it will weigh in on the limits of whistleblower protections that are part of Obama-era Dodd-Frank financial reform law -- potentially weakening protections for people who report wrongdoin...
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Arconic shares fall 6 percent in aftermath of London high-rise fire Activist investor Paul Singer is facing his first major headache since gaining three seats on Arconic's board last month. The aluminum giant said Monday it would stop selling Reynobond PE for high-rise buildings followin...
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Nearly $35B budget on track for final vote this week

Miami Herald - 27 Jun 2017 06:33
New Jersey lawmakers have teed up a nearly $35 billion spending plan for a vote Thursday in the Democrat-led Legislature. The Assembly and Senate budget committees approved the spending blueprint …
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Study reveals workers earn less after minimum wage hike A substantial boost in the minimum wage in Seattle actually hurt low-wage workers by reducing hours and income, a bombshell study found -- raising concerns about the impact of New York's decision to raise its wage. Like ...
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Time magazine asks Trump's clubs to take down fake magazine cover with his face on it Washington Post Time magazine asked President Donald Trump's businesses to remove several fake Time covershanging in his clubs. The Washington Post's Dave Farenthold, who has covered theof the presidency's effects on Tru...
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President Donald Trump's new policy on travel to Cuba has winners and losers: Group tour operators could sell more trips, but bed-and-breakfast owners in Cuba say they're losing business. Lodging …
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Large cyberattack hits Europe, disrupts power grid, banks Company and government officials reported serious intrusions at the Ukrainian power grid, banks and government offices,        
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With U.S. exports of oil and natural gas surging, President Donald Trump says the U.S. is on the brink of becoming a net exporter of oil, gas and other resources. …
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Here's the Kind of Person You Should Always Be Hiring--No Matter the Job While some positions require certain skills, these three traits will tell you if someone is going to be a great addition to your team, regardless of their role.
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IMF cuts forecasts for US economic growth The body reins back its growth estimates due to uncertainty about White House policies.
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3 Smart Ways To Win In The Age of A.I, Automation and Algorithms Understanding that data is the new oil and information is the new currency is the key to survival.
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Seattle's $15 minimum wage may be hurting workers, report finds As companies look for ways to cut costs, Seattle's $15 minimum wage law may be hurting hourly workers instead of helping them, according to a new report.        
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14 Things You'll Never Hear a Truly Successful CEO Say The best leaders don't lie to themselves.
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When it comes to chains selling coffee, price isn't everything McDonald's and Dunkin' Donuts are using low prices to lure in new customers.        
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UK firms increasingly uneasy over Brexit

Sky News - 27 Jun 2017 16:37
UK firms increasingly uneasy over Brexit What do you get when you put into the same room the bosses of Vodafone, BT, Rolls-Royce, Lloyds Banking Group, TalkTalk Telecom, Barclays, Nationwide Building Society, HSBC UK, Amazon UK, Merlin Entertainments, Siemens U...
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Happy 50th birthday, ATM; Cryptocurrency bloodbath

American Banker - 27 Jun 2017 16:08
Cash machine makers are working to make them work with, not against, smartphones; prices of digital currencies crashed on Monday, possibly sparked by a hoax that an Ethereum co-founder had died.
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Sky Sports to replace numbered channels and slash prices in revamp Broadcaster to launch themed channels for football, golf and cricket, with cheapest package costing £18 a month Sky is scrapping its numbered sports channels and replacing them with themed offerings focused on specific ...
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SoftBank Should Hurry to Rid Itself of Sprint

Wall Street Journal - 27 Jun 2017 15:02
Japanese tech giant SoftBank has higher priorities than its 83% stake in struggling U.S. telecom operator Sprint.
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