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Business News

Location American Business News for 11 August 2017
A British real estate agent that drew up a map of where to live in the UK to avoid "any nuclear impact from World War Three" has apologized for the stunt.
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Why you can't (legally) buy a Big Mac in El Salvador

Miami Herald - 11 Aug 2017 01:18
When lawyers for corporate burger-and-fries behemoth McDonald's and the pugnacious former owner of its El Salvador restaurants exchange their latest round of legal briefs in a federal courtroom Friday, it …
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Circulation up at Dow Jones

New York Post - 11 Aug 2017 04:07
Circulation up at Dow Jones News Corp. reported better circulation figures for its Dow Jones unit for the quarter ending in June, but that was offset by one-time write-downs on its overseas print units. The company reported a loss of $429 million, ...
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Netease shares have lost 15% since June 17.
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Continental National Bank signs consent order

Miami Herald - 11 Aug 2017 23:39
Continental National Bank disclosed Friday that it has signed a consent order with federal regulators aimed at shoring up its anti-money laundering safeguards. The consent order with the Comptroller of …
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Small banks' fintech efforts held back by Volcker Rule

American Banker - 11 Aug 2017 23:08
The Dodd-Frank Act's Volcker Rule was meant to protect the financial system, but it is also stopping community banks from investing in funds focusing on fintech.
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Alibaba, JD Set for Constructive Earnings

Barron's - 11 Aug 2017 21:01
Alibaba, JD Set for Constructive Earnings Alibaba's AliCloud looks underappreciated. JD's margin expansion could continue to persist.
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JC Penney's shares hit an all-time low

New York Post - 11 Aug 2017 17:06
JC Penney's shares hit an all-time low JC Penney shares hit an all-time low Friday after the department store chain reported a bigger-than-expected quarterly loss, stoking anxiety on Wall Street about the future of shopping malls. Penney’s stock dropped as ...
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An 'absolutely phenomenal' discovery hints 4 Earth-size planets may orbit the closest sun to our own Shutterstock Astronomers have detected what may be four roughly Earth-size planets orbiting Tau Ceti, the nearest sun-like star. Two of the worlds appear to orbit within Tau Ceti's habitable zone, though a cloud of debri...
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Google Cancels Employee Meeting Because of Harassment Fears

The New York Times - 11 Aug 2017 04:32
Google Cancels Employee Meeting Because of Harassment Fears The company planned to hold an all-hands meeting to discuss the firing of an employee who wrote a contentious memo about gender diversity.
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Bitcoin was immune to overnight volatility in global markets ChinaFotoPress/Getty Images Despite increased volatility across global markets last night, the world’s biggest cryptocurrencies stayed clear of the drama. Escalating tensions between the US and North Koreahave rattled ...
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Walmart Just Came Up With An Idea That Will Make Customers Really Miserable Should some ideas be left on the shelf? Try telling that to those who think they know the future.
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Picking a new benchmark for adjustable-rate mortgages is the easy part. Industrywide implementation is where things get tricky.
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The US Army is reportedly $7 billion to $9 billion short of the money it needs to start modernizing the force Thomson Reuters The U.S. Army is roughly $7-to-$9 billion short of the funds needed to begin modernizing the force, which has seen several of its capabilities outmatched by Russia in recent years, according to a new repo...
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Could These Two Upcoming Events Crush Snap's Stock? Snap Inc, creator of Snapchat, has had a turbulent ride as a public company. Two upcoming events might make it even harder for its stock to climb.
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A billionaire hedge fund manager has apologized for saying that a black New York state senator has "done more damage to people of color than anyone who has ever donned …
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E-Commerce will make up 17% of all US retail sales by 2022 - and one company is the main reason (AMZN) BI Intelligence This story was delivered to BI Intelligence "E-Commerce Briefing" subscribers. To learn more and subscribe, please click here. Forrester predicts that online sales will account for 17% of all US retail sa...
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What analysts are saying about Snap's disappointing second quarter (SNAP) Getty Snap Inc. failed to meet Wall Street's expectations for its second quarter as a public company on Thursday, sending its already-battered stock diving to an all-time low. The number of daily Snapchat users increased...
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Why Positive Well-Being Matters And How To Create It At Your Company 7 of America's leading experts on positive psychology and workplace culture weigh in on how your business can foster positive well-being.
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Why Authentic Storytelling Should Be Your Marketing Strategy Every aspect of a brand's voice should be telling a cohesive story about its vision and purpose. Here's how to build that story into your current marketing efforts.
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JC Penney results extend a gloomy week for retailers

Miami Herald - 11 Aug 2017 16:56
Sales at established J.C. Penney stores faded again during its most recent quarter, capping a gloomy week for U.S. retailers. Penney's stock sunk below $4 Friday morning, an all-time low …
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4 Big Stories Obscured by North Korean Threat

Barron's - 11 Aug 2017 16:47
4 Big Stories Obscured by North Korean Threat Horizon Investments' Greg Valliere discusses political and economic developments that investors should follow.
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