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Business News

Location American Business News for 29 July 2017

Anson Investments: Bucking the Crowd

Barron's - 29 Jul 2017 07:55
Anson Investments: Bucking the Crowd It's tough to be a short seller when stocks are advancing, but for this hedge fund, it has paid off handsomely.
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Dangerous Game: Shorting the VIX

Barron's - 29 Jul 2017 07:29
Dangerous Game: Shorting the VIX Funds' use of leverage could add to a "super spike," pushing down stocks and boosting volatility.
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I automated my decisions for week -- and it showed me just how much time I waste John Loo/Flickr We make thousands of decisions each day, according to some estimates. Not all of them are equally important. Deciding what pants to wear and how to support a friend in need require different amounts of at...
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Sri Lanka's government has signed a long-delayed agreement to sell a 70-percent stake in a $1.5 billion port to China in a bid to recover from the heavy burden of …
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Coping With the "Foie Gras" Stock Market

Barron's - 29 Jul 2017 07:16
Coping With the A market pro's take on what to do when central-bank policies are force-feeding risk assets to investors.
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Redfin IPO soars 45 percent on first day of trading

New York Post - 29 Jul 2017 03:44
Redfin IPO soars 45 percent on first day of trading Redfin Corp. gave birth on Friday, and the baby (IPO) was showered with love from Wall Street. Shares, trading on the Nasdaq Global Select Market under the ticker symbol RDFN, soared 45 percent, to $21.70. Redfin, a real...
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A $467,000 grant will help the Monroe Police Department fund new equipment purchases to help fight violent crime. The News-Star reports the Victim of Crimes Act grant will fund 150 …
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Caterpillar's stock shoots up as the second-straight quarter of revenue growth marked the end of the previous sales recession and the start of a new expansion trend.
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3 Funds For 8% Yields And 20% Capital Gains

Forbes - 29 Jul 2017 14:42
3 Funds For 8% Yields And 20% Capital Gains Those who play in the global sandbox have seen some truly spectacular returns, especially folks who hold closed-end funds that invest in foreign stocks.
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The Curious Case of Industrial Stocks

Barron's - 29 Jul 2017 08:07
The Curious Case of Industrial Stocks Industrials that delivered that holy grail of earnings season--the beat and raise--had dropped 1% on average.
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Do Local Merchants Stand A Chance In E-Commerce Wars With Amazon? Grocers and independent brick-and-mortar retailers uttered a collective gulp the day Amazon announced it had acquired Whole Foods for a whopping $13.7 billion dollars. How can local merchants and e-commerce businesses st...
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As D.C. Tests New Lows, Markets Keep Soaring

Barron's - 29 Jul 2017 07:11
As D.C. Tests New Lows, Markets Keep Soaring Stocks set records, IPOs surge, and companies load up on cheap debt. The problem: There are a lot of pricey assets out there.
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Embattled Wells Fargo now rocked by car insurance scandal The wheels are coming off the wagon at Wells Fargo again. The beleaguered bank, which lost its CEO last year because of a wide-ranging fake accounts scandal, admitted that it has overcharged about 800,000 of its customer...
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'I wonder if it's worth getting up': life in Corby, the debt capital of Britain In the Northamptonshire town, charities and council workers face the daily consequences of the rising spiral of borrowing sweeping across the UK Corby in Northamptonshire has taken on a few notable titles over the years....
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Man accused of trying to extort Dallas firm, others

Miami Herald - 29 Jul 2017 16:39
Federal prosecutors in North Texas have accused a man of trying to extort several online companies by threatening them with cyberattacks. U.S. Attorney John Parker says 32-year-old Kamyar Jahanrakhshan was …
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Competition Is Catching Up, As Starbucks Buzz Cools Off Competition is catching up with Starbucks at home and abroad, as the hype and the buzz for the brand is cooling off.
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Sprint Chairman Masayoshi Son seeks to create media and communications giant controlled by SoftBank, sources say.
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7 common expenses growing much faster than inflation The prices of different products and services can grow at very different rates -- and these ones are getting pricey fast.        
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Airlines with good passenger experiences have highest stock returns, study finds Treating airline passengers well pays off. That's the conclusion, which may sound painfully obvious, reached in a study released this week by Watermark Consulting, a Connecticut firm that works with companies to improve ...
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FTSE Russell is trying to make sure investors have their say in how companies are run, after Snap helped kick off a trend of tech companies giving public investors little to no say.
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Is It Time To Rethink The Scientific Method? You no longer need to be a billion dollar company to pursue new discoveries
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Uber and Lyft are outpacing taxis among business travelers Uber and Lyft, the two leading ride-hailing companies, are becoming even more popular among business travelers while taxis and car rentals are falling further behind. But don't count out the taxi industry just yet. Busin...
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