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Business News

Location American Business News for 17 October 2017
LARRY SUMMERS: The new argument for Trump's tax plan is 'dishonest, incompetent and absurd' Chip Somodevilla/Getty Images Larry Summers, the former Treasury Secretary and director of the National Economic Council,took aim Tuesday at the Trump administration's tax plan. The target of Summers' ire wasa new paper ...
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Canada's banking regulator released final rules that will make it tougher for borrowers to take on uninsured mortgages, adding to a growing list of measures to rein in the nation's housing markets.
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Dow hits 23,000 for first time

Business Insider - 17 Oct 2017 17:27
Dow hits 23,000 for first time Reuters / Charles Platiau
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Procter & Gamble's Count Shows How Close Proxy Vote Was

The New York Times - 17 Oct 2017 03:56
Procter & Gamble's Count Shows How Close Proxy Vote Was The activist investor Nelson Peltz lost his bid for a board seat by a mere 0.2 percent of the shareholder vote, the company said.
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There's an obscure company that's ground zero for one of the biggest debates in the stock market (MDP) Reuters / Str Old More than 20% of Meredith Corporation's shares are owned by ETFs, with much of that being held in dividend-focused funds. This is among the highest percentages in the US market, and serves as a microcos...
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How online dating affects divorce rates

Market Watch - 17 Oct 2017 06:10
OKCupid, Tinder and the rest could actually create a more harmonious society.
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WASHINGTON
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Retailers may find that Black Friday is not so green More than half of respondents to a new survey say they are less likely to shop Black Friday this year        
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Former Tesla factory workers are suing the company over claims of 'racially motivated abuse' (TSLA) Scott Olson/Getty Images Three former workers for Telsa's Fremont factory have filed a lawsuit against the company over claims they experienced racial discrimination and harassment on the job. The lawsuit, first reported...
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Three Apple Suppliers That Are Keepers

Barron's - 17 Oct 2017 17:31
Three Apple Suppliers That Are Keepers Broadcom, Cirrus Logic and Skyworks Solutions are favored in a group that may be range-bound.
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The benefits of this popular credit card make it perfect for first timers TheInsider Picksteam writes about stuff we think you'll like.Business Insider may receive a commission from The Points Guy Affiliate Network. The Points GuyChoosing the best travel-rewards credit cards is a critical elem...
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Investor bets gamers will spend big on virtual bling

New York Post - 17 Oct 2017 05:26
Investor bets gamers will spend big on virtual bling Former hedgie Mike Novogratz is betting that gamers have way too much time -- and money -- on their hands. The former Fortress Investment Group bigwig has poured about $3.6 million into an online exchange that allows gam...
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Cybersecurity and breach notification procedures have caught the most public attention following the massive hack at Equifax, but lawmakers are also interested in the accuracy of credit reports.
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Canada and Mexico will reportedly reject America's demands on NAFTA Alex Brandon/AP Canada and Mexico will reject the US's latest proposals for NAFTA butoffer to continue negotiating, CNBC reported. The Trump administration last weekmade some tough submissions, included raising theauto r...
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Wealth management drives Morgan Stanley’s profit higher Investment bank Morgan Stanley said Tuesday that its third-quarter profits rose 12 percent.        
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Meet the 9 richest people in America, who have a combined fortune of $567 billion Brendan Hoffman / Getty On Tuesday, Forbes released its 2017 list of the richest people in America. The Forbes 400 list features the wealthiest billionaires in the US, but not every American with three commas in their ne...
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5 Creative Ways To Increase How Much You Earn This goes for employees and entrepreneurs.
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Trump's erratic trade policies are already undermining a key driver of economic prosperity REUTERS/Jonathan Ernst Many of the economists and investors who feared Donald Trump's harsh trade promises during the presidential campaign have takenumbrageat some of the administration's lack of follow-throughon the di...
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Russian media is defending 'girl crazy' Harvey Weinstein

Business Insider - 17 Oct 2017 19:00
Russian media is defending 'girl crazy' Harvey Weinstein Photo by Stephen Lovekin/Getty Images for The Weinstein Company As the number of women alleging sexual assault by Hollywood producer Harvey Weinstein continues to mount, there is one country where the public doesn’t se...
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This 1 Leadership Trait Can Yield Enormous Results--But Use It Carefully Everyone speaks highly of this leadership trait, but it could also be your downfall. Use this characteristic carefully to achieve great results.
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Goldman Sachs’ results beat forecasts despite trading drop Goldman Sachs’ third-quarter profits fell 3% from a year earlier, as its trading desks were weighed down by a slow summer.        
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Brewers Association wants to buy Anheuser-Busch — they just need $213 billion The group's crowdfunding campaign, featured at takecraftback.com, has raised more than $400,000 for the purchase.        
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