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Business News

Location American Business News for 12 October 2017
New satellite photos reveal the California wildfire's shocking damage from space Copyright DigitalGlobe; Business Insider More than a dozen wildfires ignited on Sunday in Northern California, a region at its driest this time of year. Flames have consumed more than 170,000 acres of land, killed at lea...
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OPEC will take drastic action despite the shale slowdown

Business Insider - 12 Oct 2017 03:47
OPEC will take drastic action despite the shale slowdown Thomson Reuters WTI recently dipped below $50 per barrel for the first time in a month, erasing the strong September rally. It’s no coincidence that after two weeks of price declines, OPEC has tried to talk up the oil ...
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Saudi Arabia is losing market share to its OPEC rivals

Business Insider - 12 Oct 2017 03:00
Saudi Arabia is losing market share to its OPEC rivals AP Photo/Ronald Zak Iraq and Iran increased their crude oil shipments abroad last month, taking advantage of lower Saudi exports to key destinations to expand their international market share. Datafrom Bloomberg suggests...
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4 Innovation Lessons From A 3-Month Old Beauty Brand That's Crushing It Learn the success roadmap from this thestartup that sold out in its first two weeks in Sephora
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Kobe Steel admits falsifying data on 20,000 tonnes of metal THE port city of Kobe, on the southern side of Japan's main island, is known for luxury beef from pampered cattle, fine sake and precision engineering. Its reputation for the last of those products took a blow on October...
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Russia moves to block cryptocurrency exchanges

Business Insider - 12 Oct 2017 04:07
Russia moves to block cryptocurrency exchanges Thomson Reuters Russians looking forward to incorporating cryptocurrencies like Bitcoin into their lives awoke to less-than-stellar news Tuesday morning, as Russia now intends to block cryptocurrency exchanges and the we...
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Facebook looks to lower-cost virtual reality with $199 Oculus Go headset Facebook Chief Executive Mark Zuckerberg seems to be realizing a sobering reality about virtual reality: His company's Oculus headsets that send people into artificial worlds are too expensive and confining to appeal to ...
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Venture Capital spending is on track to be higher than it has been in years, but fewer companies are getting funded Venture capitalists have been on a spending spree so far in 2017, but have been funding significantlyfewercompanies than in the past. According to data from PitchBook-NVCA Venture Monitor, charted here by Statista, the n...
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Major Corporations Urge Supreme Court to Take Gay Rights Case The companies are asking the high court to rule that federal employment discrimination law prohibits discrimination based on sexual orientation.
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The scariest chart for the New England Patriots

Business Insider - 12 Oct 2017 17:25
The scariest chart for the New England Patriots Much of the New England Patriots' lackluster 3-2 start to the 2017 season is being blamed on the defense, and rightfully so. But the Pats may have a bigger problem looming — Tom Brady is 40 years old and he is getting ...
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JPMorgan's trading slump is even worse than Dimon warned Wall Street slumped on Thursday after two of the largest banks, JPMorgan Chase and Citigroup, reported that trading had fallen during the third quarter. JPMorgan, the largest US bank, saw a huge 27-percent drop in bond t...
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Top Republican senator tweets at Trump to say his tax cut won't be the 'largest in history of country' Eric Thayer/Getty Images Republican Sen. Chuck Grassley of Iowa took to Twitter on Thursday to tell President Donald Trump that the tax cuts in the tax reform package he is pitching would not be the largest in the histor...
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The Biggest Mistake Companies Make When Thinking About Wellness--And How to Avoid It Wellness in the workplace is a trend that's only going to grow. However, doing this 1 overlooked habit is the key to a successful wellness initiative.
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Amazon will hire 120,000 workers in the US for the holiday season this year REUTERS/Fred Greaves Amazon.com Inc said it would hire 120,000 workers in the United States this holiday season, same as last year, as the online behemoth prepares for the holiday shopping frenzy. Shoppers this year will...
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Consumer tech spending is expected to increase only 1 percent to $96.8 billion in the fourth quarter, according to the Consumer Technology Association, the trade group that puts on the annual Consumer Electronics Show. B...
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Paris wants to ban all cars with combustion engines by 2030 It’s a big step in combating greenhouse gases.        
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The Simple Marketing Trick That Skyrocketed My First Business My small business almost went out of business until I stumbled upon this marketing secret.
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Why Does This Company Gives A Free Bottle of Jack Daniels To Its Employees Every Month? jack daniels, whiskey, bourbon, employees, perks, cardcash, citibank, time shares
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Trump is considering overhauling a key part of his tax plan after Republican blowback Getty Images/Pool President Donald Trump is considering reversing course onone of the biggest planks of his tax reform plan, according to a new report. Bloomberg's Kevin Cirilli and Sahil Kapur reported Thursday that Tru...
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Trump's Executive Order Would Let Small Businesses Skirt ACA Insurance Rules and State Regulations Critics charge that relaxing standards on association health care plans could increase costs for the sick and elderly.
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American factories could prosper if they find enough skilled workers Another way to see the factory floor "WE ARE always short ten to 20 people," says Jack Marshall, the manager of PPG's plant in Oak Creek, Wisconsin. The company makes coatings, paint and speciality materials for customer...
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As conditions worsened on Wednesday, bankers said that their employees' safety is their top priority.
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