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Business News

Location American Business News for 21 July 2017

Chipotle's latest loss tied to viral rodent storm

New York Post - 21 Jul 2017 04:16
Chipotle's latest loss tied to viral rodent storm Video of three rodents scurrying through a Dallas Chipotle added to the burrito joint's agita on Thursday -- spooking investors and sending the company's shares to their lowest closing price in four years. The rodents --...
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Bank of America chooses Dublin as post-Brexit EU hub

American Banker - 21 Jul 2017 17:08
Bank of America has picked Dublin to locate its main European Union hub in preparation for Britain quitting the bloc in 2019.
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Don't Trust Capital One's Math

Wall Street Journal - 21 Jul 2017 15:44
Capital One sees default rates declining after a worrying jump, but investors should stay skeptical.
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Michael Jackson's estate renews deal with Sony

New York Post - 21 Jul 2017 04:32
Michael Jackson's estate renews deal with Sony The Michael Jackson Estate has decided to re-up its deal with Sony/ATV to administer the music publishing rights to some of the King of Pop's best-known songs, the publisher confirmed on Thursday. Sony/ATV, run by Martin...
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The Qatar blockade is threatening the OPEC deal

Business Insider - 21 Jul 2017 03:48
The Qatar blockade is threatening the OPEC deal Reuters The blockade of Qatar could persist for quite a long time, according to the foreign minister of the UAE, who insisted that the Gulf States that have imposed the punitive barricade are not looking for a “quick f...
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Softbank is ramping up its investments in the IoT

Business Insider - 21 Jul 2017 16:48
Softbank is ramping up its investments in the IoT BI Intelligence This story was delivered to BI Intelligence IoT Briefing subscribers. To learn more and subscribe, please click here. SoftBank CEO Masayoshi Son offered a glimpse into his company’s broad investment str...
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Costco Wholesale Stock Has 20% Upside

Barron's - 21 Jul 2017 14:03
Costco Wholesale Stock Has 20% Upside The warehouse club's shares were pummeled by the Amazon-Whole Foods announcement. They will rise.
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When Was The Best Time To Launch a Startup? New Study Reveals, Right Now. Many think American Entrepreneurship is declining. Well, the truth is, it was. But since 2014, the downward trend has reversed and a new study finds it's the best time since the Great Recession to launch a startup.
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Nuance Communications sees third-quarter earnings and revenue below Wall Street estimates.
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Meet Tata: India's Biggest Company

USA Today - 21 Jul 2017 15:40
Meet Tata: India's Biggest Company Its portfolio includes Land Rover, Tetley Tea, and the Taj Majal Hotel        
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FINRA Advances Crackdown on Bad Brokers

ThinkAdvisor - 21 Jul 2017 15:35
FINRA also wants the SEC to allow the SRO to expand its pool of "non-arbitrators."
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Jared Kushner is reportedly still being name-dropped to entice Chinese investors Jonathan Ernst/Reuters Jared Kushner's position as President Donald Trump's senior adviser was being used to promote his family's company, despite a fiasco and subsequent apology issued by the company for the same offens...
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65 Percent of Kids Will Have Jobs That Haven't Been Invented Yet. These Toys Can Help Learning STEM will be important to our children's success, as most will hold jobs that do not currently exist. Tech Will Save Us offers creative kits to teach the basics with play dough.
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Wyoming coal production slides during spring season

Miami Herald - 21 Jul 2017 16:55
According to preliminary counts by federal mine regulators, coal production in Wyoming dropped in spring after a surge of coal production at the state's mines through fall and winter. The …
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JAKARTA/TORONTO
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New agreement will allow US rice exports to China Agreement includes strict measures to prevent pests and plant diseases being brought into China.
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Trump is set to name Anthony Scaramucci as White House communications director AP Photo/Evan Vucci, File President Donald Trump is expected to name Anthony Scaramucci as the new White House communications director, according to multiple reports. Scaramucci will be filling a position left open by Mi...
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Piecemeal settlement through mandatory arbitration masks widespread misconduct like Wells Fargo's fake-accounts scandal. Class actions bring such systemic abuses to light, and should always be an option for consumer redr...
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Lyft to Develop Self-Driving Car Technology in New Silicon Valley Facility The ride-hailing company is opening a research center in Palo Alto, Calif., and plans to collaborate with automakers and tech companies.
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FRANKFURT/MOSCOW
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5 Strategies Used By The Man Who Invented The Information Age 2) He wasn't a workaholic.
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Waiting For The Bounce As Houston Rebounds Back Everyone is talking about Houston's recovery, but where is it?
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