Business News
Trucking company owners admits to tax scheme
Miami Herald - 20 Jul 2017 11:50
A New Jersey trucking company owner has pleaded guilty in a tax evasion scheme. Fifty-four-year-old Giacomo Giorlando, of Morganville, pleaded guilty to three counts of tax evasion and one count …
French's new owner jumps into mustard battle
New York Post - 20 Jul 2017 06:07
Spice maker McCormick & Co. has jumped into the middle of a brewing mustard and ketchup battle. The company has agreed to buy a group of food brands, including French's -- famous for its yellow mustard -- for a richer-th...
Bill Gross Frets About a Fragile Economy
Barron's - 20 Jul 2017 19:51
The famed fund manager warns Fed that it won't take a large rise in short-term rates to trigger a recession.
Ballard Power Stock Is Ripe for a Bullish Run
Profit Confidential - 20 Jul 2017 18:10
BLDP Stock: Setting Up to Make a Move Ballard Power Systems Inc. (NASDAQ:BLDP) stock is an alternative energy play that is focused on hydrogen power. This technology is slowly creeping into our everyday lives, which make...
These before-and-after photos show tech billionaires' dramatic transformations
Business Insider - 20 Jul 2017 15:55
AP/Andy Rogers and Getty/Drew Angerer Tech CEOs used to be infamous for their lack of style. But a photo revealing how much Amazon CEO Jeff Bezos has changed over the years shows that the stereotype is changing. Here are...
Alibaba, JD Battle Pressures Margins
Barron's - 20 Jul 2017 17:08
The rivalry will hurt Alibaba's EPS, although the outlook for both remains positive. JD could see higher revenue.
Goldman's rotten trading quarter is a familiar smell on Wall Street
Reuters - 20 Jul 2017 07:04
(Reuters) - Big Wall Street banks have spent billions of dollars and untold man-hours in recent years transforming their trading desks from hedge-fund like operations trading on their own account into market-making busin...
Qorvo Seen Preferred to Skyworks
Barron's - 20 Jul 2017 21:15
Qorvo may drive outsized revenue growth and margins higher over the midterm yet it trades to a discount to Skyworks.
Here's what would happen if you broke your arm in 7 countries around the world
Business Insider - 20 Jul 2017 17:31
Flickr / slgckgc Lawmakers in the United States spent the past few months trying and failing to roll back some health-insurance requirements, but much of the rest of the world has been living under universal healthcare f...
Why bodegas should think twice before allowing for bitcoin ATMs
New York Post - 20 Jul 2017 06:01
What are bitcoin ATMs doing in small bodegas throughout New York City? It's well known that digital currencies like bitcoin can be used for illicit things such as money laundering. That is, it seems to be common knowledg...
NYU donor used his companies as a 'personal piggy bank': suit
New York Post - 20 Jul 2017 05:55
Wealthy lead tycoon Howard Meyers, a large NYU benefactor, is facing a nasty bankruptcy court battle on Thursday against creditors who claim he defaulted on more than $2 billion in debt -- while using proceeds of the cor...
Unemployment rate stuck at 5.6% but rise in number of full-time jobs
The Guardian - 20 Jul 2017 04:26
Full-time employment rose by 62,000 jobs, while the number of part-time jobs was down by 48,000 Australia's unemployment rate was unchanged at 5.6% in June from a revised May result, official figures show, but there has ...
Sarepta Can Rally Further As Key Drug Gains Sales
Barron's - 20 Jul 2017 23:52
Shares surged 20% Wednesday after Sarepta reported strong sales of its DMD drug and raised its forecast.
'Jigsaw' Trailer: 'Saw' Is Back To Retake Halloween
Forbes - 20 Jul 2017 19:30
It will have to contend with the second season of 'Stranger Things,' which debuts on the same day.
ECB's Draghi remains cagey on stimulus exit plans
USA Today - 20 Jul 2017 17:01
European Central Bank head Mario Draghi did his best Thursday to give no clear signal about the eventual withdrawal of a massive bond-purchase stimulus program.
Exxon Mobil has been fined $2 million for violating Russia sanctions while Tillerson was CEO
Business Insider - 20 Jul 2017 16:52
The Treasury Department has fined the oil and gas giant Exxon Mobil$2 million for violating US sanctions on Russia — and the violations occurred while Secretary of State Rex Tillerson was CEO of the company. The Treasu...
Les Moonves' Daughter Sara Is Headed to W Magazine
AdWeek - 20 Jul 2017 15:20
Sara Moonves, who has worked in recent years for American Vogue as a contributing fashion editor and previously held the title of senior fashion director at T: The New York Times Style Magazine, is adding another top-of-...
Mass. gains 10K jobs in June, unemployment rate ticks up
Miami Herald - 20 Jul 2017 16:57
State labor officials say Massachusetts added an estimated 10,000 jobs in June while the unemployment rate crept up to 4.3 percent. Labor and Workforce Development Secretary Rosalin Acosta said Thursday …
Stocks waver as investors eye earnings and central bank policy
L.A. Times - 20 Jul 2017 16:50JACK MA: Alibaba's revenue is going to explode this year (BABA)
Business Insider - 20 Jul 2017 16:50
Sean Gallup/Getty Images
An overhaul of Brazilian labour law should spur job creation
The Economist - 20 Jul 2017 16:44
IN THE litany of bosses' gripes about Brazil's inclement business climate, rigid labour laws vie for pride of place with its convoluted tax laws and its licensing rules (on everything from health and safety to protection...
How Donald Trump is monetising his presidency
The Economist - 20 Jul 2017 16:44
Golf conflict "PRETTY close to a laughing stock." That is Walter Shaub's verdict on America's standing in the world, at least from an ethics point of view, under President Donald Trump. Mr Shaub's view counts: he stepped...