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Business News

Location American Business News for 26 July 2017
Virtual reality hit when I tried to cash in my bitcoins I sold them via LocalBitcoins, but HSBC kept blocking my account When my girlfriend became pregnant I decided to sell my bitcoins to decorate a nursery. I auctioned them via localbitcoins. You put your coins into an escr...
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Oaktree's Howard Marks Surveys a Pricey Market

Barron's - 26 Jul 2017 20:47
Oaktree's Howard Marks Surveys a Pricey Market In a lengthy missive, the famed investor navigates a market in which "risk is high and prospective return is low."
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Can't Afford to Be an Entrepreneur? Here are 3 Ways to Reach Self-Made Status It's going to take a few sacrifices, but that's all part of the journey.
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New-home sales improved modestly in June

ABC News - 26 Jul 2017 16:56
New-home sales improved modestly in June US sales of new homes increased 0.8 percent in June, reflects a growing appetite for new construction
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Millennials are influenced more by dogs than marriage, children when buying a home Better room for a furry friend influenced a third of millennial's decisions when purchasing their first home, according to a recent survey.        
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Taco Bell and Lyft want to make your fast food dreams come true IRVINE, Calif. -- Taco Bell is testing a new service that allows users of the ride-sharing app Lyft to add a Taco Bell stop to their ride with the click of a button. The companies have announced “Taco Mode,” an optio...
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3 big problems with Trump's new NAFTA plan

Business Insider - 26 Jul 2017 06:56
3 big problems with Trump's new NAFTA plan The Trump administration hasoutlined its plansto renegotiate the North American Free Trade Agreement (NAFTA). It says the US will seek a "much better" agreement that reduces the trade deficit between the US and its partn...
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Fired Fox News exec files $48M suit, claims he was a 'scapegoat' An ex-Fox News Latino exec is suing parent company 21st Century Fox for slander, fraud and breach of contract, asking for $48 million.        
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The most popular snack food in 25 countries around the world Nikola Obradovic/Shutterstock A solidsnack canbe the perfect pick-me-up between meals. In Peru, a snack meansraw fish cured in citrus juice, while Argentinians enjoyalfajores, two buttery cookies filled with dulcede lech...
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The economist, beekeeper and ex-physicist talks to ThinkAdvisor about Trump's promised fiscal stimulus, robo-advisors and how he makes his predictions.
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The $60,000 Chevy Silverado: Because You Never Know When You'll Need a Luxury Car That Can Haul a Team of Horses Up a Mountain Detroit continues to talk tough when it comes to pickups. But it continues to produce ever-plusher versions of these essential business trucks
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Exxon, Shell and other carbon producers sued for sea level rises As a trio of lawsuits claim compensation for sea rises resulting from fossil fuel emissions, campaigners say carbon majors must change their business models Three Californian communities have launched legal action agains...
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Celgene Corp. has agreed to pay $280 million to settle a whistleblower lawsuit alleging the pharmaceutical company committed fraud promoting a drug with a notorious history that was re-purposed to …
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Buffalo Wild Wings is getting crushed by 'historically high' chicken wing costs (BWLD) By Bob B. Brown on Flickr "Historically high" chicken wing costs wasonereason why Buffalo Wild Wings' second-quarter profits fell. "Our profitability was pressured this quarter driven by historically high wing costs, a m...
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A Harvard professor says your answers to 2 questions will help you become more successful in life Clive Rose/Getty Michael Phelps and Winston Churchill make early appearances in Eric Barker's book, "Barking Up the Wrong Tree." Barker uses them as prime examples of people who succeeded because of — not in spite of �...
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Mattis and US military leaders are trying to get rid of the worst parts of military service Defense Secretary James Mattis and other military leaders are looking for ways to reduce the training and administrative duties that many in the armed services view as a burden. The latest part of this effort is a review...
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The Louisiana company, which recorded a large loan-loss provision to cover energy-related chargeoffs, also disclosed a new regulatory order from the Office of the Comptroller of the Currency.
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Starboard Value sues comScore to force annual meeting

New York Post - 26 Jul 2017 17:05
Starboard Value sues comScore to force annual meeting Activist investor Jeff Smith's hedge fund found a novel way to announce its latest target: It sued them. Smith's Starboard Value -- which has wrested changes from big companies including Yahoo and Darden Restaurants -- h...
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U.S. Shale Threatens Chemical Element of Aramco's IPO

Wall Street Journal - 26 Jul 2017 17:00
An expected surge in U.S. petrochemicals output challenges one of the main pillars of the energy giant's plans to list.
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The second-largest health insurer in the US might leave more Obamacare markets in 2018 (ANTM) Thomson Reuters NEW YORK, July 26
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The Fed has become the dollar's 'biggest problem'

Business Insider - 26 Jul 2017 16:54
The Fed has become the dollar's 'biggest problem' Cliff Owen/AP The US dollar has a problem. It's the worst-performing G10 currency of this year, andhas fallen about 8% against its major peers. As strategists identifycatalysts that could send it higher, the Federal Rese...
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UK film industry on a roll as it helps keep economy growing ONS highlights role of sector as foreign movie and TV studios are attracted to Britain by government tax breaks and weak pound The British film production boom, including the Han Solo spin-off from Star Wars and a live a...
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