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Business News

Location American Business News for 14 July 2017

Ex-broker sues hedge fund for $5M over layoff dispute

New York Post - 14 Jul 2017 05:16
Ex-broker sues hedge fund for $5M over layoff dispute A broker who worked for hedge fund giant Israel "Izzy" Englander for 28 years is suing his former employer for allegedly being wrongly bounced from his job. Jack Piuggi, who ran American Exchange for brokerage Israel A. ...
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Why Conduent Shares Could Double

Barron's - 14 Jul 2017 11:57
Why Conduent Shares Could Double The firm has been mismanaged for years, but with Icahn and the founder on board, shares could hit $30.
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More Bad News for Retailers

Wall Street Journal - 14 Jul 2017 18:55
Retail sales were weak last month. The Commerce Department on Friday reported that overall sales in May fell 0.2% on the month after slipping 0.1% in April. Compared with a year earlier, they were up just 2.8%.
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Tezos raises $232 million for new cryptocurrency project

American Banker - 14 Jul 2017 04:08
A new blockchain network that promises to compete with Ethereum is taking the token sale trend to the next level.
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Oil prices ease back, but a day-earlier report from the IEA that sees global supplies falling is expected to keep the market mood elevated.
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The FDIC's inspector general criticized how vacancies were announced and how applications were reviewed for openings in the Division of Resolutions and Receiverships.
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Tata Motors defers launch of RaceMo sports car

livemint.com - 14 Jul 2017 21:47
Tata Motors defers launch of RaceMo sports car The high cost of the RaceMo project, and the need to conserve resources for the commercial vehicles business, prompted Tata Motors to delay launch of the sports car
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U.S. stocks edged higher in early trading Friday as investors sized up quarterly results from JPMorgan Chase, Citigroup and other big banks. Big-dividend stocks like utilities and real estate companies …
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How Startups Can Compete and Succeed Beyond Price Using price as a differentiation strategy can be risky for startups. Instead, identify ways to add unique and meaningful value to compete.
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Gas stations, most lacking chip-card readers, remain an attractive target for card-skimming thieves.
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Citigroup Inc.'s bond traders and investment bankers are closing in on their rivals at JPMorgan Chase & Co.
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Airbnb host hit with $5,000 fine for canceling on an Asian guest over her race KTLA An Airbnb host has been fined $5,000 for abruptly cancelling on an Asian guest, because of the guest's race. The host, Tami Barker, is now permanently barred from the home-sharing platform. Barker abruptly cancelled...
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The Next Frontier Of B2B Sales Is Predictive Analytics If only we could predict what predictive analytics has in store for us. It's clear that the technology will continue to drive significant change in the workplace for many years to come. How will you use it to transform y...
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Roofstock claims it can gauge the risk of becoming a landlord right down to the neighborhood level.
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Wall Street bank shares off despite surprisingly strong profits Wall Street was hit with steep losses in the stock market on Friday, when three of the biggest US banks reported earnings that showed weak trading in bond and stock markets. JPMorgan Chase, Citigroup, and Wells Fargo all...
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People who exercise tend to have better social lives and achieve more of their goals.
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WASHINGTON
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What You Need to License Your Idea to a Fortune 500 Company More and more of the world's largest companies are practicing open innovation. When you get interest, you had better be prepared for what comes next.
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Top 'Brexit-Proofing' Tips For Dealing With Even The Hardest Of EU Exits With UK businesses trading with EU nations needing to protect themselves from the potential difficulties from Brexit, one international courier firm that partners with DHL and UPS has come up with top tips for Brexit-pro...
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(Reuters) - Grab, Uber Technologies Inc's [UBER.UL] biggest rival in Southeast Asia, is raising as much as $2 billion in funding from Japan's SoftBank Group and China's top ride-hailing firm Didi Chuxing, the Wall Street...
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The Oil And Gas Situation - Confusion Reigns In The Energy Media Experts and news outlets who cover energy-related issues no doubt create more confusion than they resolve these days, with conflicting articles and misleading headlines that only serve to cloud the truth about what is re...
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Symantec Stock Could Reach $37

Barron's - 14 Jul 2017 11:45
Symantec Stock Could Reach $37 The firm's analyst day inspires confidence in a path toward teens growth in earnings per share/free cash flow.
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