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Business News

Location American Business News for 14 October 2017

Become a blockchain expert in 1,384 words

Business Insider - 14 Oct 2017 15:24
Become a blockchain expert in 1,384 words Thomson Reuters The blockchain revolution is coming… And it’s going to fundamentally change how businesses operate. Make no mistake… this revolution isat leastas significant as the one brought about by the Internet...
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Black Monday 2: The Next Machine-Driven Meltdown In the rise of computer-driven trading, some hear echoes of the stock market's 1987 crash. Beware the feedback loop.
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The Trouble With Those Can't-Miss Trades

Barron's - 14 Oct 2017 07:35
The Trouble With Those Can't-Miss Trades With the VIX skidding lower, shorting the fear gauge seems like a sure thing. As market history shows, that's an unsettling prospect.
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The reason for Burt's Bees' rise to the top? Wind

New York Post - 14 Oct 2017 04:43
The reason for Burt's Bees' rise to the top? Wind There's a reason why Burt's Bees has become the No. 2 lip-balm brand in the US -- and it has to do with meteorological savvy. Burt's Bees' owner Clorox discovered that sales of the beeswax balm tick up when the wind blow...
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Jason De León, an anthropologist at the University of Michigan, won the prestigious prize.
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Initial results show Nelson Peltz has been thwarted by the $236 billion maker of Tide and Crest in the largest proxy battle in history (PG) Thomson Reuters Nelson Peltz has been thwarted in the largest proxy battle in history, failing to claim a seat on the board of the $236 billion giant Procter & Gamble. Preliminary results on Tuesday showed that Peltz, th...
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Artists look to preserve Bethlehem Steel on canvas

Miami Herald - 14 Oct 2017 09:06
What enchants painter Rachel Lussier about the Bethlehem Steel's old blast furnaces is the "beautiful decay" -- the warm rust colors and, when the sunlight is just right, iridescent grays …
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The Selloffs That Transformed Wall Street

Barron's - 14 Oct 2017 07:52
The Selloffs That Transformed Wall Street Circuit breakers that halt trading during market routs were born out of the stock market's worst days--as was the SEC itself.
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Tesla fires about 400 employees after annual review

New York Post - 14 Oct 2017 06:58
Tesla fires about 400 employees after annual review Luxury electric vehicle maker Tesla Inc fired about 400 employees this week, including associates, team leaders and supervisors, a former employee told Reuters on Friday. The dismissals were a result of a company-wide an...
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Amazon is no longer a retail company (AMZN, WMT)

Business Insider - 14 Oct 2017 03:18
Amazon is no longer a retail company (AMZN, WMT) Amazon Amazonis practically synonymous with online retail. A growing majority of Americans start their online shopping searches at Amazon.com. It recently made a big expansion into the brick-and-mortar world with the pur...
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A Harvard doctor says these are the best exercises for your body Shutterstock If you think running a marathon is the quickest ticket to a rock-hard body, I-Min Lee, a professor of medicine at Harvard Medical School, has news for you: That classic feat isn't as good for your body as it...
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How to make your passwords worthless to cyber thieves The best way to make your accounts more secure is to require proof in addition to — or better yet, instead of — your password.        
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The IMF says the super-wealthy aren't paying their fair share of taxes -- and there could be terrible consequences Go ahead, tax the rich, they can afford it. That's the message from a new International Monetary Fund report that also finds inequality hampers long-run economic growth. The analysisdetails just how much less progressive...
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How the myth of George Soros became the new ghost haunting Europe Thomson Reuters BUCHAREST, Romania — Last winter, in the middle of anti-corruption demonstrations, a television broadcaster accused George Soros —the Hungarian-born, Jewish-American billionaire philanthropist —of p...
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Don't Be Fooled By These 3 Overhyped Trends We often notice patterns that aren't really there
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How Famed Butcher Pat LaFrieda Ditched Wall Street And Built A $200 Million Business An exclusive Q&A with Pat LaFrieda, America's most famous butcher who dry ages steaks for Eleven Madison Park and makes burgers for Shake Shack. He talks about how he's built his family meat purveyor into a $200 million ...
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The firm's board of directors could be held accountable for allowing its chairman's alleged sexual misconduct to continue.
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Trump celebrates healthcare stocks tanking after executive order ending key Obamacare subsidies Trumpannounced Thursday an end to Obamacare's payments to insurance companies, which helped lower insurance costs for poor Americans. Many healthcare industry stocks took a dive in trading Friday. Trump celebrated the pl...
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Tears, Fears, Relief: Memories of Black Monday

Barron's - 14 Oct 2017 07:55
Tears, Fears, Relief: Memories of Black Monday Four Wall Street vets recall one of the most harrowing days in Wall Street history--and share lessons learned from the October 1987 crash.
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Retailers eyeing private brand ownership as key to growth An arms race is escalating in the retail sector -- and the weapons of choice are store-owned labels. Sales of private brands at big chains like Walmart, BJ's, Dollar General and Target grew 4.6 percent last year compared...
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GM, union reach deal that may settle Canadian strike GM and Canada’s autoworker union on Friday reached a deal that will likely end a 26-day strike at a factory in Ontario that makes a hot-selling SUV.        
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European hurricanes are exceptionally rare -- but they could become more common National Hurricane Center Hurricane Ophelia, which on Friday was a Category 2 storm with sustained winds of 100 mph, is headed towards Europe. If that news made you stop in surprise, you're not alone. It might sound absu...
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