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Business News

Location American Business News for 27 July 2017

Tech overhaul begins to pay off for State Street

American Banker - 27 Jul 2017 18:08
Advancements aimed at speeding the flow of information by eliminating manual processing are helping the global custody bank attract new clients and win more business from existing ones, fueling revenue growth and improvi...
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Bitcoin Exchange Was a Nexus of Crime, Indictment Says

The New York Times - 27 Jul 2017 06:03
Bitcoin Exchange Was a Nexus of Crime, Indictment Says Alexander Vinnik, of Russia, was accused of being the mastermind behind a black market Bitcoin exchange, which helped launder billions of dollars.
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Facebook shows no signs of slowing down

New York Post - 27 Jul 2017 04:27
Facebook shows no signs of slowing down Facebook, whose soaring value crept close to $500 billion late Wednesday, showed no signs in the second quarter of slowing user growth or in its ability to hoover up advertising revenue. Mark Zuckerberg's social network ...
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Home sellers see high profits
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Trump's talk of a trade deal with the UK shows he has no idea how Brexit works Nigel Farage/Twitter More than a year after the United Kingdom shocked the world by asking for a divorce from continental Europe after a 43-year union, President Donald Trump, who supported the push for Brexit, still app...
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The Secret Behind the Crazy Growth of Orange Theory Fitness This new fitness craze is taking over thanks to the idea of positive progress.
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Why You Should Delegate Almost Everything--and Focus on What You're Good at Instead Create a productive team, and cut costs while growing your sales numbers as a small business. Learning how to delegate tasks to employees is key.
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Fans are worried about this 'Game of Thrones' character's fate heading into Sunday's episode Frederick M. Brown/Getty/HBO Warning: Spoilers ahead for "Game of Thrones" season seven. "Game of Thrones" just gave viewers one of the most intimate and loving sex scenes the HBO series has ever seen, but will there be ...
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The wage gap between men and women varies depending on job types IT HAS been a turbulent few days for the BBC, Britain's public broadcaster. On July 19th it published the names of those to whom it pays £150,000 ($195,000) or more a year. The ensuing furore was less over the level of ...
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Deutsche Bank sees profit rebound; CEO not satisfied

Miami Herald - 27 Jul 2017 08:01
Deutsche Bank says its net profit rebounded to 466 million euros ($545 million) in the second quarter from a mere 20 million euros a year earlier. CEO John Cryan said …
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China Buys Up Strategic Sri Lankan Seaport As The Maritime Silk Road Sails On The year-long drama over whether Sri Lanka's Hambantota port should be sold to China looks to be finally coming to a close. Now it's time for the show to really begin.
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The Pennsylvania Senate is advancing a revenue package to patch a more than $2 billion hole in the state's $32 billion budget for the fiscal year that began July 1. …
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China's IPO 'Glut' And The Case For Stock Market Reform Chinese regulators have increased the number of IPOs in the stock market, but reform toward a market based system is still much needed.
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If Janet Yellen is acting worried -- you should be too

New York Post - 27 Jul 2017 05:11
If Janet Yellen is acting worried -- you should be too On Friday, we might know whether there's a reason Janet Yellen is acting concerned. A couple of weeks ago, the Federal Reserve chair backtracked on her threat to continue aggressively raising interest rates. She hinted t...
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Our national nightmare: Must we give in to shrinking toilet-paper rolls? It's no secret that toilet paper rolls are shrinking. For years, manufacturers have been sneaking in larger cardboard tubes, reducing the amount of paper.
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'Dream Daddy' is a surprisingly earnest dating simulator where you can date gay dads Steam "Dream Daddy"is a brand-newdatingsimulator in which you play a dad trying to romance other hot dads, and I’m pleased to report it’s much more charming, earnest and goofy than I expected it to be. My main source...
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Foreign executives need to get their feet dirty to succeed in Africa NAIROBI, Kenya's capital, is also known as the "Green City in the Sun". It might as well be called the city of malls: it has never had such a wide choice. The newest outlet, named Two Rivers, sits on a road near the Amer...
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The SEC just dealt a big blow to the hottest trend in cryptocurrencies - but Asia is cheering Thomson Reuters Initial coin offerings, the hot blockchain-based investing trend, are set to face increased scrutiny following an announcement by the US Securities and Exchange Commission. But ICO enthusiasts in Asia thi...
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Southwest reports lower 2Q profit, weak revenue outlook Southwest Airlines reports 9 percent drop in 2Q profit and gives tepid forecast for summer revenue trend
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The Most Popular Corporate Jargon by State Arizonans build synergy while Californians tee up, and Floridians look for a win-win outcome. What do companies in your state look for?
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Sneak Peek Part 2: The Coolest New SUVs (And A Minivan) For 2018 Here's a look at the best new truck-based and crossover SUVs to debut for 2018, along with a minivan for those who dare to drive differently.
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Delta has purchased 10% of Air France (DAL)

Business Insider - 27 Jul 2017 18:02
Delta has purchased 10% of Air France (DAL) Flickr/BriYYZ Delta Air Lines and China Eastern have announced that they have each purchased 10% of Air France. In addition, Air France has agreed to purchase the Virgin Group's 31% stake in Virgin Atlantic valued at $28...
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