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Business News

Location American Business News for 30 August 2017
The New Mexico Attorney General's Office and consumer advocates are petitioning state regulators to consider a new energy standard they say would protect utility customers and shareholders from the costs …
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Less than 20% Harvey victims have flood insurance as FEMA braces for tons of claims Insurance woes await flood victims in under-covered Houston area        
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Dramatic photo shows Harvey floodwaters overtaking a freeway in Texas Image via Twitter The record-breaking rainfall from Tropical Storm Harvey has caused unprecedented flooding in Texas since it first made landfall as a Category 4 hurricane on Friday night. Despite its downgrade to a trop...
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Real estate prices: Jaipur

livemint.com - 30 Aug 2017 14:29
Real estate prices: Jaipur This week we take a look at some properties in Jaipur
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Republicans in the Florida Senate are moving ahead again with an ambitious proposal to boost financial aid for college students. Sen. Bill Galvano filed a bill (SB 4) Wednesday that …
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Chew on this: Burger King has launched its own version of the Bitcoin in Russia. It's called the WhopperCoin. We're not making this up. The fast-food giant has bitten hard …
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He set out to raise $200,000 and is now aiming for $6 million.
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A Maine company that helps distribute gift cards has been acquired by a California financial technology company for $175 million. CashStar Inc., based in Portland was acquired by Blackhawk Network. …
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Loews Invests $21M in CVS; Tisch Buys GE

Barron's - 30 Aug 2017 12:08
Loews Invests $21M in CVS; Tisch Buys GE Loews slashed holdings in Express Scripts in the second quarter and made moves in gold and coal stocks.
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Barnes & Noble Education shares plunge on earnings miss The operator of college campus bookstores missed Wall Street forecasts for revenue, earnings per share        
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We're not kidding: The personal loan is back

American Banker - 30 Aug 2017 13:08
Sure, personal loans have a long way to go to catch up in market share with other forms of consumer credit, but millennials are relying more heavily on them than their Gen X predecessors while paring back on credit cards...
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Tim Cook scores $89.6M from decade-long deal with Apple SAN FRANCISCO -- Apple CEO Tim Cook has collected $89.6 million as part of a 10-year deal that he signed as an incentive to keep the iPhone maker at the forefront of the technology industry after he took over the reins i...
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Uber has a new CEO -- and he's unfazed by company's woes It's offiicial; Uber has landed a new chief executive. The embattled ride-hailing giant confirmed late Tuesday that Dara Khosrowshahi, the former CEO of Expedia, will fill the top spot vacated by former Uber CEO Travis K...
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CashStar, a payments platform for retailers based in Portland, Maine, announced today that it has been acquired by California-based competitor Blackhawk Networks for $175 million in cash. The deal is one of the largest a...
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The European Parliament's top Brexit official says the slow progress of the divorce proceedings between the European Union and Britain has ensured that the prospect of a prolonged transition period …
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Warren Buffett turns 87 -- here's how rich you'd be if you had bet $1,000 on him back in the day Warren Buffett turns 87 on Wednesday, and over the last half-century, hehas turneda failing textile company into a legendary conglomerate. Using historical price data for Berkshire Hathaway Class A shares froma retrospec...
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Apple teams up with Tencent in China (AAPL)

Business Insider - 30 Aug 2017 16:44
Apple teams up with Tencent in China (AAPL) BI Intelligence This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. WeChat Pay, China’s second most popular mobile wallet, is now a valid payment...
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Stocks are mixed as tech companies rise and energy falls US stocks are little changed as technology companies rise, helped by strong earnings from chipmaker Analog Devices, while energy companies fall
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Aditya Birla Capital to be listed on 1 September

livemint.com - 30 Aug 2017 14:51
Aditya Birla Capital to be listed on 1 September AV Birla group says its financial services arm Aditya Birla Capital, will be taken public from September through a listing on the BSE and NSE
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The best tripods for your camera and one for your smartphone TheInsider Picksteam writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. The Insider Pick: Although you can perform basic photography...
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4 Signs That Your Focus Is Holding You Back at Work

Harvard Business Review - 30 Aug 2017 16:00
It can mean less energy and less empathy.
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WhatsApp’s Cofounder On How It Reached 1.3 Billion Users Without Losing Its Focus Even under Facebook ownership, Jan Koum says that the simplicity and efficiency that made WhatsApp a hit in the first place remain all-important. Three and a half years ago, Facebook announced its plan to acquire messagi...
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