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Business News

Location American Business News for 3 October 2017
Nigerian scammers once targeted the EPA to steal $1 million in office supplies Tim Boyle/Getty Images Foreign hackers in a former British colony targeted hundreds of Environmental Protection Agency (EPA) employees in an email phishing scam to steal office supplies with credit cards. The case was cl...
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17 horror movie remakes that you should actually watch

Business Insider - 3 Oct 2017 19:07
17 horror movie remakes that you should actually watch Sony Pictures As summer turns to fall, bombastic blockbusters are giving way to a barrage of horror-movie legacy properties. LeatherfaceandJigsawwill arrive in October, and there’sIt,the secondscreen adaptation of Step...
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Dubai just got its first official cryptocurrency

Business Insider - 3 Oct 2017 06:08
Dubai just got its first official cryptocurrency Jumana El Heloueh/Reuters The government of the city of Dubai launched their own blockchain-based cryptocurrency last week. The city’s economy department partnered with one of its subsidiaries called Emcredit Limited a...
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Whole Foods is cutting prices -- and it's hitting Trader Joe's hard (AMZN) AP Amazon's acquisition of Whole Foods is rocking the grocery industry. As soon as the e-commerce giant's $13.7 billion acquisition of Whole Foods formally went through in August, thechanges began,from cutting costs to i...
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Nissan faces $220m hit from Japanese recall The carmaker failed to perform proper safety inspections on some vehicles in Japan, regulators said.
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NASA and Lockheed Martin reveal their plans to build the first-ever Mars space station The race to Mars is on. Lockheed Martin and NASA have teamed up. Together, the 2 companies aim to build Mars Base Camp, the first Mars space station. It's scheduled to send a 6-person crew to orbit Mars by 2028 and scout...
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Tesco could have faced £600m 'black hole', fraud trial hears Court hearing case against former directors of supermarket chain told finance staff quit over concerns of unlawful practices Tesco could have faced an accounting black hole of £600m in 2014 if misreporting practices had...
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9 Stocks for an Uncertain Energy Market

Barron's - 3 Oct 2017 15:13
9 Stocks for an Uncertain Energy Market How the top-performing Adams Natural Resources fund keeps beating its peers.
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ExxonMobil has been dethroned as the world's top energy company Reuters Gazprom dethroned ExxonMobil as the top energy company in the world, according to the2017 S&P Global Platts Top 250 Global Energy Company Rankings. The rankings measure the financial performance of energy firms o...
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(AP) -- Yahoo has tripled down on what was already the largest data breach in history, saying it affected all 3 billion of its users, not the 1 billion it revealed late last year. The company announced Tuesday that it’...
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Fed's Powell says U.S. bank capital is 'about right'

American Banker - 3 Oct 2017 22:08
Federal Reserve Gov. Jerome Powell said capital levels have been well calibrated but that some changes to the capital rules may be in order to make compliance easier.
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Kate Quinn has raised U.S. Bancorp's profile by emphasizing culture above all else.
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(Reuters) - All the three U.S. stock indexes touched fresh record highs on Tuesday, driven by gains in Ford Motor and General Motors after the carmakers reported strong monthly sales data.
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Instagram rolls out shoppable posts for more merchants (FB) BI Intelligence This story was delivered to BI Intelligence "E-Commerce Briefing" subscribers. To learn more and subscribe, please click here. Merchants using BigCommerce, an e-commerce platform with 50,000 small- to med...
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How To Avoid Your Company's 'Kodak Moment'

Forbes - 3 Oct 2017 18:31
How To Avoid Your Company's 'Kodak Moment' The four steps leaders must take to futureproof their organization.
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Tesla shares sink as Model 3 production sputters

New York Post - 3 Oct 2017 18:30
Tesla shares sink as Model 3 production sputters Tesla shares tanked after the electric-car maker admitted that production of its new Model 3 sedan is sputtering out of the gate. The California-based company, which began production of the Model 3 in July, has so far de...
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The battle between Walmart and Amazon just escalated (WMT) Facebook/Parcel Walmart has its eyes set on the Big Apple. The company announced on Tuesdaythat it had acquired Parcel, a New York-based logistics firm. Parcel has warehouses in Brooklyn and a network of couriers that pa...
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Billionaire Warren Buffett says stock valuations make sense with interest rates where they are Billionaire Warren Buffett said stock market valuations make sense with interest rates where they are. Rates have been a "powerful factor" in equities values.        
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Stocks add to record highs as automakers and homebuilders climb U.S. stock indexes ticked higher in early trading Tuesday and tacked on a bit more to their records set a day earlier. Trading was again very quiet, with only modest moves for bond yields, commodities and other markets. ...
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Warren Buffett just placed a big bet on a $20 billion chain that truckers are obsessed with -- here's what it's like to visit Billionaire investor Warren Buffett is betting big on a chain of truck stops. On Tuesday, Buffett's Berkshire Hathaway announced it had agreed to acquire 38.6% ofPilot Travel Centers, the owner of the Pilot Flying J truc...
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Why You Need To Raise Your Prices - Today Price has amazing impact on the bottom line - if you are willing to make a change
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This photo shows Harrison Ford accidentally punching Ryan Gosling in the face on the 'Blade Runner 2049' set YouTube/Graham Norton Show As "Blade Runner 2049"drawsnearly universal critical acclaimin advance of its release on Friday, the film's stars, Harrison Ford and Ryan Gosling, have been talking about an infamous, accidenta...
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