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Business News

Location American Business News for 5 October 2017
Bill Gates says this will be worth “10 Microsofts” Bill Gates is sounding the alarm on what could be a trillion-dollar technology        
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Alcoa Gets Its Can Kicked

Barron's - 5 Oct 2017 21:01
Alcoa Gets Its Can Kicked The alumina cycle may be long in the tooth, valuation is less compelling, and a Rio Tinto merger looks less likely.
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Stocks edge up; S&P 500 on track for longest win streak since 2013 U.S. stock indexes peeked higher in morning trading Thursday, and the slight gain for the Standard & Poor's 500 put the index on track for its longest winning streak in four years. Trading was again mostly quiet around t...
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6 Coolest Things Happening at New York Comic Con 2017 Superheroes descend on Gotham City for this pop-culture convention.
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Saudi compliance with the OPEC deal comes at a price

Business Insider - 5 Oct 2017 05:46
Saudi compliance with the OPEC deal comes at a price Heinz-Peter Bader/Reuters Saudi Arabia is following through with its pledge to stick to the output cuts in the OPEC/non-OPEC deal. The Kingdom is also reducing exports to some buyers, even to its most prized market — A...
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The next big offshore oil boom will be in South America

Business Insider - 5 Oct 2017 05:03
The next big offshore oil boom will be in South America Say what you will about offshore oil and gas exploration, but it’s still alive and kicking—high production costs and all. The latest demonstration of the viability of deepwater projects, even in the post-2014 oil ind...
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Gov. Jerry Brown signs bill allowing consumers to sue banks over bogus accounts Gov. Jerry Brown signed a bill Wednesday that protects the right of consumers to sue banks alleged to have created fraudulent accounts in their name. The legislation was prompted by the ongoing Wells Fargo & Co. scandal....
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Day two of Equifax hearing focuses as much on business model as on the data breach; Fed chair again says she supports bank rules that are not "unduly burdensome."
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Gold prices trade modestly lower on Thursday, building on a loss for the week, which would be fourth such loss in a row for the precious metal.
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2 top investors ready to reveal their best stocks to buy now Renowned investors David and Tom Gardner are scheduled to reveal their next great stock ideas. It pays to listen when these guys give out stock tips        
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WASHINGTON
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In focus: Amicus Therapeutics, AVEO Pharmaceuticals, AXT and Dynavax Technologies.
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Plan for a very hard Brexit, German firms told It would be naive for German firms with a UK presence to do otherwise, says Germany's top industry body.
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Applebees blows minds with $1 margaritas, yes $1! Applebee's has made margarita lovers dreams come true with the "Dollarita".        
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Tech giants are building their own undersea fibre-optic networks Only 6,599km to go WHEN Cyrus Field, an American businessman, laid the first trans-Atlantic cable in 1858, it was hailed as one of the great technological achievements of its time and celebrated with bonfires, fireworks ...
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The bosses of two famous French firms struggle to keep customers You see her after the third glass ALEXANDRE RICARD wants to talk boxing.He runs Pernod Ricard, a firm that sells Chivas whisky and Absolut vodka, among other drinks. Formed by his grandfather in 1975, with roots in a Per...
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The International Monetary Fund said Thursday it is advising Saudi Arabia to slow down some of its sensitive cutbacks as economic growth remains stagnant this year and unemployment rises. The …
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Forget texting, there are more dangerous driving distractions Texting isn't the only problem while driving. The most dangerous distraction comes within the car!        
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Tribal officials are urging Crow Agency residents not to drink or touch the water after one or more vandals shot up, smashed and burned the area's water treatment facility, causing …
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A Democratic senator introduced a bill Wednesday to ban the rifle modifier that the Las Vegas killer used to increase his rate of fire to near that of an automatic weapon -- and at least one Republican lawmaker is alread...
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How This Scrappy, Entrepreneurial Charity Is Making A Big Difference In Puerto Rico How Project HOPE, a humanitarian organization now assisting in Puerto Rico, uses an entrepreneurial, bootstrapping approach to philanthropy to leverage each donated dollar through contributed supplies and professional se...
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Netflix stock hits all-time high after price hike for US subscribers (NFLX) Kevork Djansezian/Getty Images Netflix shares reached a record high on Thursday, following the company's decision to raise its prices for US subscribers. Netflix stock closed at $194.39 per share on Thursday, up 5.4% for...
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