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Business News

Location American Business News for 4 October 2017

6 Top Pharma Picks for Q4

Barron's - 4 Oct 2017 19:51
6 Top Pharma Picks for Q4 Merck, Allergan and JNJ are large-cap favorites. Alkermes, Aimmune and MyoKardia are also favored.
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Mercedes' parent company has a plan to beat Uber at its own game Moovel Daimler, Mercedes parent company, is preparing for the death of car ownership in cities. The move is nothing new within the automotive industry. General Motors has also dipped its toe in the mobility spaceby launc...
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Want to See If Someone Is a Good Leader? Send Them an Email Author Simon Sinek explains how a seemingly helpful behavior actually belies a lack of trust.
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O.J. Simpson is seeking millions for his first TV interview after prison Pool/Getty OJ Simpson was released on October 1 from the Nevada prison where he spent 9 years imprisoned for attempted armed robbery. Now, the former "Trial of the Century" defendant and NFL star is looking to cash in on...
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The Next Recession Is Coming (and It's Set to Reshape Our Economy As We Know It) With record expansion, might another recession be imminent? Learn how this one will be different.
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Microsoft's CEO told us why he agreed to meet with Trump

Business Insider - 4 Oct 2017 19:18
Microsoft's CEO told us why he agreed to meet with Trump We sat down with Microsoft CEO Satya Nadella to talk about his meeting with President Trump along with other tech CEOs like Apple's Tim Cook and Amazon's Jeff Bezos. Nadella is the author "Hit Refresh: The Quest to Redis...
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Bronx-based food wholesaler joins meal-kit business

New York Post - 4 Oct 2017 06:40
Bronx-based food wholesaler joins meal-kit business Bronx-based wholesaler Baldor Specialty Foods has become the latest entrant to the $1 billion meal-kit business. Baldor, which counts restaurants, supermarkets and schools among its customers, just launched Urban Roots, ...
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Icahn pushes $2B into auto parts business

New York Post - 4 Oct 2017 06:24
Icahn pushes $2B into auto parts business When it comes to exerting power in the auto parts business, Carl Icahn is certainly in the driver's seat. The investor, after this week buying the 680-location Aamco auto service center chain, has spent more than $2 bill...
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Uber's fractious board draws rules to stop infighting, paving way for SoftBank investment In a bid to quell its acrimonious leadership and secure a vital funding round, Uber's board unanimously voted to overhaul its corporate governance and limit the influence of early stakeholders including its controversial...
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$9 billion startup Stripe has a new plan to make shopping online less frustrating Stripe Shopping online kind of stinks. Or at least, checking out once you've decided you want something does. For instance: According to a survey commissioned by $9 billion startup Stripe, almost half of the top 100 onli...
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GOLDMAN SACHS: Oil stocks should catch up to crude prices soon Atef Hassan/Reuters Shares in oil companies have underperformed the recent oil price rally, so some of those stocks are set to rise in a long-term oil price of $50-55, according to Goldman Sachs. "The headwinds for the e...
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An MIT Professor Wants To Bring Entrepreneurs Into The Lab The details, like how to deal with intellectual property, are still being worked out.
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One quick takeaway from the just completed press conference on Capitol Hill held by Senate Intelligence Committee Chair Richard Burr (R-NC) and Vice Chair Mark Warner (D-VA): The committee basically concurs in the intell...
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UBS: Netflix will remain the 'clear global leader' in video streaming (NFLX) Netflix Shares of Netflix are up 81% over the last 12 months, and the streak doesn't show signs of stopping, UBS says. The Swiss bank on Wednesday raised its price target for Netflix's stock to $225 from $190 —well abo...
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Maine Employers' Mutual Insurance Company has returned $21 million to Maine employers insured by the workers compensation provider. About 18,000 employers in the state will see insurance returns from the …
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Why You Should Spend Bigger on Customer Experience Innovation Experience is overlooked, unappreciated and riddled with gaps and failings.
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A western Pennsylvania pharmacy chain will pay nearly $2.7 million to settle federal claims that it illegally recycled unused nursing home medications and overcharged government insurance programs for diabetic test …
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Amazon is shrugging off an order to pay $294 million in back taxes to the EU (AMZN) Mario Tama/Getty Images Amazon's stock seems tobe shrugging off an order to pay a€250 million ($294 million) back tax payment. Shares of Amazon are up 0.58%at $962.80 after the news. The order stems from Amazon's busin...
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Ford's new CEO has a plan to reinvent the company -- but it may not be enough to please Wall Street (F, TSLA, GM) Paul Sancya / AP • Jim Hackett has to reset the overarching story of a 114-year-old American business. • He intends to use a combination of design thinking and traditional managerial skills. • So far, Wall Street h...
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EXCLUSIVE: German mobile social game company Wooga is unveiling June’s Journey, a new hidden-object game with an ambitious weekly update schedule. Berlin-based Wooga has become known for hidden-object games such as Pea...
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Uber is curbing the power of former CEO Travis Kalanick and taking on Japan's SoftBank Group as a major new investor as the ride-hailing service tries to recover from internal …
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Holiday spending expected to increase 6 percent this year It's going to be a ho, ho, ho Christmas -- for the wealthy. Overall holiday spending across the US is expected to rise 6 percent this year, to an average of $1,189 per person -- but wealthier shoppers are expected to rea...
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