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Business News

Location American Business News for 24 August 2017

It pays to be honest about your taxes

MoneyWeek - 24 Aug 2017 12:31
It's never been easier for the taxman to keep tabs on who owes what, says Merryn Somerset Webb. Moonlighters and ghosts have been warned. The post It pays to be honest about your taxes was first published on MoneyWeek.
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This Entrepreneur Built An 8-Figure Business Out Of Nothing. His Advice Will Resonate With You Giving has immeasurable benefits.
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Bad checks could push a Kansas bank into the red

American Banker - 24 Aug 2017 02:08
Landmark Bancorp in Manhattan, Kan., could lose more than $5 million -- more than it earned in the first half of the year -- if a recently discovered overdraft situation cannot be resolved.
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FTC Approves Amazon's $13.7 Billion Whole Foods Acquisition: Critics Worry Over Antitrust Issues The Federal Trade Commission has given Amazon the green light to proceed with its acquisition of Whole Foods, a landmark decision that will put Amazon in the brick-and-mortar map. Critics, however, are disappointed.
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Wells Fargo may have just made another boneheaded decision Wells Fargo Chief Executive Tim Sloan has reassured customers he's doing everything he can to make up for past wrongs -- except, apparently, if they got hit with excessive overdraft fees. Lawyers for the embattled bank w...
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Elon Musk's Best PR Campaign to Date Happened and You May Not Have Noticed Elon Musk's Best PR Campaign Yet Happened and You May Not Have Noticed
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Abercrombie shares surge nearly 20 percent

New York Post - 24 Aug 2017 16:59
Abercrombie shares surge nearly 20 percent Abercrombie & Fitch posted a much smaller than expected quarterly loss on Thursday, helped by robust demand for its Hollister brand, sending the company's shares soaring nearly 20 percent. Hollister, the retailer's Calif...
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American bosses continue to lobby, more quietly

The Economist - 24 Aug 2017 16:45
American bosses continue to lobby, more quietly IN CORPORATE America, "Trump" seems to be a dirty word, at least in public. After President Donald Trump seemed to equate the actions of white supremacists and their opponents in Charlottesville earlier this month, dozen...
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Daimler is reportedly considering splitting up its Mercedes divisions Thomson Reuters German car and trucks maker Daimler is working on a corporate holding structure which could be ready by the company's annual general meeting on April 5, 2019, Manager Magazin said on Thursday. The magazin...
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As emissions caps choke demand for diesel vehicles, electric cars will start motoring. Buy lithium miners and battery makers to cash in, says Julie Boote of Pelham Smithers Associates. The post How to invest as electric ...
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Investor activism is surging in continental Europe

The Economist - 24 Aug 2017 16:45
Investor activism is surging in continental Europe LEAVE it to the Americans to besiege European companies in August, when the entire continent is on holiday. It emerged this month that Corvex Management, an American hedge fund, had built up a $400m position in Danone, a...
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Business was booming during the solar eclipse

New York Post - 24 Aug 2017 04:41
Business was booming during the solar eclipse I would bet the odds are long that the good folks over at Challenger, Gray & Christmas, the outplacement giant, ever stepped foot into the Waffle House on Stoneridge Drive in Columbia, SC. Or the Krispy Kreme on Sunset B...
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A 'Game of Thrones' fan theory about Bran Stark is spreading like crazy -- but it overlooks 3 key things HBO Warning: Spoilers ahead for "Game of Thrones" season seven. Fan theories are a staple of the "Game of Thrones" community, but every now and again an idea sparks without a whole lot of hard evidence to back it up. The...
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United Airlines employees are getting new Brooks Brothers uniforms and Tumi bags (UAL) United Airlines On Thursday, United Airlines announced that it will partner with Brooks Brothers, Tracy Reese, and Carhartt to create new uniforms for its 70,000 front line employees. In addition, the airline announced t...
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Sprint Is Betting Big On Influencer Marketing With Its #LiveUnlimited Campaign Whoever said influencer marketing was a trend was wrong.
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Uber more than doubles revenue in second quarter

New York Post - 24 Aug 2017 05:59
Uber more than doubles revenue in second quarter While Uber's business continues to post strong gains, three mutual-fund companies marked down their investments in the ride-hailing app by 15 percent, suggesting these investors are souring on the scandal-ridden company....
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Kwan Entertainment, Dream Theatre form JV Mojostar to create new brands Mojostar, the joint venture of Kwan Entertainment and Dream Theatre, will tap into the growing influence of Indian celebrities to create powerful retail brands in the country
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Business for Sale Market Picks Up Steam

inc - 24 Aug 2017 16:50
Business for Sale Market Picks Up Steam 2017 Is Breaking Records as One of the Hottest Markets for Small Business Transactions
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How to Build a SaaS Business Without Leaving Middle America Although Silicon Valley is the most well-known startup hub, it may not be the best choice financially. Here are four tips for entrepreneurs hoping to start a successful SaaS business in a different region of the U.S.
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My Microgeneration

The New Yorker - 24 Aug 2017 22:30
My Microgeneration Illustrations by Sara Lautman show important moments in the life of someone exactly her age.
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Name three things you can't travel without. We bet Wi-Fi made the cut. This summer, businesses (and cities) are making it even easier for you to plug in and stream.        
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'Sir, these numbers are disastrous': Jake Tapper burns Trump for dismal poll results Twitter/CNN CNN anchor Jake Tapper delivered a stinging critique of President Donald Trump in the wake of a poll that showed Americans disapprove of his actions this month. "President Trump is a man who looks to numbers ...
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