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Business News

Location American Business News for 1 July 2017
Heico: A Niche Business With Extraordinary Returns The Mendelson family has found a runway to riches with Heico, a maker of replacement aircraft parts.
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A Skeptic's View of Popular Stocks

Barron's - 1 Jul 2017 09:00
A Skeptic's View of Popular Stocks Evan Lorenz, of Grant's Interest Rate Observer, offers three pans--Kraft Heinz, Whirlpool, and Cap REIT--and one pick, Fibra Uno.
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Watch Out, Intel. New Types of Chips Are Gaining Ground A revolution in chip design may upend the old guard, including Intel and Nvidia.
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Yellen's Famous Last Words: No More Crises

Barron's - 1 Jul 2017 08:00
Yellen's Famous Last Words: No More Crises The Federal Reserve Chair predicts no more financial meltdowns will occur in her lifetime. Why we should probably be skeptical.
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Bristol-Myers Could Return 40% in Two to Three Years The drugmaker has taken a beating after bad news on a key cancer drug.
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The Fed has undermined the economy's growth

Business Insider - 1 Jul 2017 16:54
The Fed has undermined the economy's growth Andrew Harnik/AP The Fed’s hope was that quantitative easing would stimulate economic growth. But a former senior economist for the Fed believes it has done the exact opposite. Speaking at the Mauldin Economics Strateg...
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Cash Flow Is King at a Small-Cap Mutual Fund

Barron's - 1 Jul 2017 08:15
Cash Flow Is King at a Small-Cap Mutual Fund Christopher Beck has successfully managed Delaware Small Cap Value by focusing on small companies with good cash flow, like East West Bancorp.
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A Game-Changing Week for Markets Sees Nasdaq Fall 2% The Nasdaq slides 2% on indications that the world is moving away from the easy money that helped propel this eight-year bull market.
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This worry motivates AOL co-founder Steve Case: America's prosperity could be at risk if venture capital continues to flow to Silicon Valley and other elite tech hubs at the expense …
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Sex for Funding? Silicon Valley Reeling After 24 Female Entrepreneurs Speak Out Binary Capital's Justin Caldbeck is out. Legendary VCs Chris Sacca and Dave McClure face accusations.
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Box Office: 'Wonder Woman' May Top $700 Million Worldwide Today 'Wonder Woman' held its own even while losing screens and facing real competition.
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Bitcoin Beats Stocks, Bonds, And Gold, Again Bitcoin has left stocks, bonds, and gold in the dust in the first half of 2017.
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Yellowstone is using 'thirsty' concrete that absorbs 50 gallons of water a minute A brilliant new creation is helping one of the best preserved places in the world. Yellowstone National Park has begun to use porous, or thirsty, concrete in walkways throughout their park. The new concrete, called Flexi...
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There's a curious old glass structure right off of Interstate 80 near Elm Creek filled with antique cars. Catch it at the right time of day, and the central Nebraska …
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It Pays To Win! The NBA's SuperTeam Sign Big Money Deals The Golden State Warriors continue to celebrate their title by signing new deals and cashing big checks. Let's see who is getting paid.
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Japan can help us better understand one of the biggest puzzles facing the US economy Chip Somodevilla/Getty A hotly debated topic on the US economy is the collapsed relationship between unemployment and inflation. The traditional Phillips curve purports that when unemployment falls, inflation should rise...
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Illinois, already the lowest-rated U.S. state, is spiraling toward the start of an unprecedented third-straight fiscal year without a budget, crippled by the partisan impasse between its Republican governor and Democrats...
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9 bizarre money superstitions people believe but shouldn't MRProduction/Shutterstock When I was about eight years old, my grandmother gave me a purse. Inside the purse was a dollar bill, which I tried to give back to her. I thought she had left it in there by mistake. "No, no. T...
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Why Calling Yourself a 'Girlboss' Is Setting You Up for Failure This is reinforcing why women make $0.70 on the dollar.
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Collapsing ceilings and no working toilets: Sears workers describe decay in failing stores Business Insider Some Sears and Kmart stores are deteriorating as their parent company, Sears Holdings, struggles to turn the business around following years of plunging sales. In interviews with Business Insider, half a...
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Local phone manufacturing to get a boost with 10% customs duty 'Make in India' will get a push with the government's latest move to impose a 10% basic customs duty on mobile phones imported into the country
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Stephen Curry Will Make More Than $80 Million Next Season After Signing Richest Contract In NBA History Two-time MVP Stephen Curry will sign the first supermax deal in league history worth an NBA-record $201 million. His earnings next season will top $80 million, including endorsements.
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