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Business News

Location American Business News for 21 October 2017
Tesla should make a change to prove itself to Wall Street (TSLA) Tesla currently reports US sales on a quarterly basis. No othermajor automaker does this, following instead a monthly reporting protocol. Tesla should switch to monthly reporting — a signal that it will be selling many...
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A flawed argument used by Warren Buffett could be setting stocks up for 'one of the worst disasters in history' REUTERS/Brendan McDermid Billionaire investor Warren Buffett made a lot of people feel better about historically stretched stock prices earlier this month. Speaking in an interview with CNBC on October 3, the chairman an...
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Here's what could destroy one of the market's hottest trades REUTERS/David Gray Stock market volatility, as measured by the VIX, has been sitting near record lows for months, and shorting it has become a very popular trade. A 2-3% correction in US stocks is all it would take to wi...
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Why Stock Market Skew Favors the Few

Barron's - 21 Oct 2017 06:02
Why Stock Market Skew Favors the Few New studies reinforce the case for owning an equal-weight portfolio to boost the odds of holding the handful of stocks that drive performance.
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Globe-Trotting in Pursuit of Index-Beating Returns Traveling the world and meeting companies gives Laura Geritz and her team at Rondure Global Advisors insights that lead to superior stock analysis.
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Robo Advisors Risk Falling Into Old Traps

Barron's - 21 Oct 2017 05:46
Robo Advisors Risk Falling Into Old Traps Some new advisories, like Sally Krawcheck's Ellevest, are using questionable comparisons to tout their skills to possible clients.
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DowDuPont: Buy It Ahead of the Breakup

Barron's - 21 Oct 2017 04:48
DowDuPont: Buy It Ahead of the Breakup Shares of the world's largest chemical company look likely to return as much as 30% over the next year, including dividends.
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California attorney general accuses retailer Curacao of unlawful business practices Curacao, a Southern California electronics retailer that caters to Latinos, was accused of several unlawful business practices in a civil lawsuit filed by state Atty. Gen. Xavier Becerra. The practices harmed consumers a...
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Here's how Facebook CEO Mark Zuckerberg and wife Priscilla Chan spend their $74 billion fortune AP Photo/Noah Berger Mark Zuckerberg, the 33-year-old founder and CEO of Facebook, has a net worth of $74 billion and counting. He's currently the fifth richest person in the world, according to Bloomberg's Billionaires ...
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Scared of Amazon? You Got It Backwards. Amazon Should Be Scared of You This holiday season don't be afraid of Amazon. Your small business can do thing the website could never do.
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Gas prices continue sliding down in New Jersey

Miami Herald - 21 Oct 2017 14:32
Motorists are paying a few cents less at the pumps in New Jersey. AAA Mid-Atlantic says the average price of a gallon of regular gas in the state on Friday …
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Blue Collar Pride: Diane Hendricks' Rise From Teen Mom To Billionaire Entrepreneur The Wisconsin native, who cofounded the nation's largest wholesale distributor of roofing, is now advocating for the blue collar trades that fueled her rise to the top.
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United Airlines becomes latest carrier to put economy passengers in rows of 10 seats If you hate the middle seat on a plane, you probably won't like the new seat configuration on United Airlines Boeing 777s. The Chicago-based company announced that it is the latest carrier to reconfigure the seating on t...
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$417M award against Johnson & Johnson tossed in cancer suit LOS ANGELES -- A judge on Friday tossed out a $417 million jury award to a woman who claimed she developed ovarian cancer by using Johnson & Johnson talc-based baby powder for feminine hygiene. Los Angeles County Superio...
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Slot machine revenue at New Mexico horse-racing tracks has declined to its lowest point since the opening of the state's newest track in 2005, but no one is certain what's …
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Every Business Today For An AI-Driven World. Here's How Focus less on where value is shifting from and more on where value is shifting to
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Unconscious Bias Training Perpetuates The Problems America Strives To Fix Uncovering unconscious bias is not a strategy that solves for inclusion. It's a tactic that solves for diversity - and divides us more
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A Wall Streeter who started his career on Black Monday recalls the biggest one-day crash in stock market history Gluskin Sheff Thursday, October 19, marks the 30th anniversary of Black Monday, when the Dow Jones industrial average suffered a record 22% crash. David Rosenberg, now the chief economist at Gluskin Sheff, was just start...
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Morgan Stanley is making a boatload of cash lending money to rich people -- and it's just getting started (MS) Yuri Gripas/Reuters Morgan Stanley's wealth-management business produced record revenue in the third quarter. Most of its clients are very wealthy — its CEO says 98% of assets come from people with more than $100,000 a...
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These cities and states are throwing hundreds of millions at Amazon for its new headquarters Mike Segar/Reuters In 2018, Amazon willname one North American cityas the future home of the company'ssecond headquarters, dubbed HQ2. The company says HQ2 will bring 50,000 jobs, and recentlylaunched an open call for ci...
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Deutsche Lufthansa Has More Room to Climb

Barron's - 21 Oct 2017 06:46
Deutsche Lufthansa Has More Room to Climb Germany's flagship airline stands to benefit from its competitors' troubles.
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Here are your chances of winning at popular casino games

Business Insider - 21 Oct 2017 15:00
Here are your chances of winning at popular casino games What are your odds at winning casino games? It's extremely difficult for players to go home with winnings. All casino games have a house advantage, which means players will lose money in the long run. A 1% house advantag...
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