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Business News

Location American Business News for 23 October 2017
As Trump prepares for visit to Asia and China's Xi, U.S. increasingly finds itself behind a wall As Donald Trump prepares for his first trip to Asia as president early next month, including a meeting in Beijing with Chinese President Xi Jinping, it's worth looking at the wall that he has built around the United Stat...
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The yen is at a three-month low after Abe's win, while the euro struggles Kent Nishimura/Getty Images Japan's currency hit a three-month low on Monday following a win for Prime Minister Shinzo Abe's government. The US dollar was a major beneficiary. Meanwhile, a constitutional crisis in Spain ...
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Saudi Aramco's IPO is on track for 2018, CEO says

Business Insider - 23 Oct 2017 12:53
Saudi Aramco's IPO is on track for 2018, CEO says REUTERS/Hamad I Mohammed Saudi Aramco's initial public offering remains on track to take place in 2018,CEO Amin Nasser told CNBC on Monday. Nasser's comments come following a Reuters report out last week suggestingthe IP...
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Subway scrambles to understand plunge in sales

New York Post - 23 Oct 2017 04:27
Subway scrambles to understand plunge in sales For decades, the Subway sandwich chain was among the hottest restaurants in the world. Its healthier-than-burgers menu, wallet-friendly $5 footlongs and go-anywhere store concept helped it grow from a small regional play...
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Tillerson Warns Europe Against Iran Investments

The New York Times - 23 Oct 2017 03:03
Tillerson Warns Europe Against Iran Investments With the U.S. considering reimposing sanctions on Tehran, companies do business with it "at great risk," the secretary of state said.
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Ford Mustang revs up excitement for 2018

USA Today - 23 Oct 2017 20:25
       
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Byron Wien Measures China's Tech Success

Barron's - 23 Oct 2017 19:03
Byron Wien Measures China's Tech Success The country has a quarter of world's "unicorns." And three companies represent 16% of global digital advertising sales.
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AT&T extends Time Warner merger deadline

New York Post - 23 Oct 2017 16:20
AT&T extends Time Warner merger deadline AT&T on Monday said it had extended by a "short period" the deadline to close its proposed deal to acquire Time Warner. The telecom giant said it took the move "to facilitate obtaining final regulatory approval required ...
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Merrill Lynch fined $45.5M for failure to report transactions Action by Britain's Financial Conduct Authority focuses on exchange-traded derivatives        
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5 Ways A Saudi Aramco IPO Could Play Out

Forbes - 23 Oct 2017 04:08
5 Ways A Saudi Aramco IPO Could Play Out Amidst much speculation here are 5 forecasts for a Saudi sale of Aramco shares.
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Where Internet Orders Mean Real Jobs, and New Life for Communities Vast warehouses are being built, fueling a demand for lower-skilled workers and reviving areas that once relied on manufacturing.
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New Zealand dollar is slumping with the coalition of Labour and NZ First parties Currencymuseum.net The NZDUSD is under a huge amount of pressure overnight after New Zealand has finally formed a government andcenter-leftLabour party leader Jacinda Ardern is going to be the new Prime Minister. This wa...
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Wells Fargo woes go on; United seeks better card deal

American Banker - 23 Oct 2017 16:43
Bank fires four forex traders, while the OCC slams its auto lending practices; United wants to renegotiate its co-branded credit card agreement with JPM.
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WeWork Bets People Will Skip College, and Acquires Coding Bootcamp Flatiron School With its acquisition of Flatiron School, WeWork expands from real estate into education
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Networking giant Cisco has announced plans to pay out $1.9 billion to acquire Broadsoft, a Maryland-based cloud communications company that creates software for PBX systems, team collaboration, and other related enterpri...
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China: Where natural gas market could boom next

USA Today - 23 Oct 2017 16:05
China: Where natural gas market could boom next In the coming 20-30 years, China is expected to be the leading determinant in global natural gas demand, outpacing the U.S. as the biggest natural gas consumer.        
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A newly identified third type of diabetes is being wrongly diagnosed as type 2 Thomson Reuters A new type of diabetes has been identified: type 3c. Type 3c is caused by pancreas damage as a result of inflammation, tumors, or surgery. A study shows that many doctors have been classifying Type 3c as ...
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How To Increase Diversity Without 'Lowering The Bar' The argument that increasing the diversity of job candidates leads to "lowering the bar" is flawed because it presumes the existence of an objective, quantifiable measure of employee performance, and it ignores the impac...
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The 6 worst TV shows of the fall 2017 season, ranked

Business Insider - 23 Oct 2017 15:00
The 6 worst TV shows of the fall 2017 season, ranked ABC You've probably noticed that this year was particularly weak for fall television. There are way more stinkers than successes, particularly from the big networks like CBS and ABC. So we ranked the worst of the worst, ...
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Why You Need to Start an AI Company As Soon As Possible If there's any way you can start an AI company, making a new voicebot, or a home appliance, or a robot development platform, or a consulting company that offers to test out the AI bots from other companies--do it.
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Cryptocurrency: Only one in 10 tokens in use following initial coin offerings Of the 226 ICOs analyzed, only 20 have been found to be in use in the running of their networks
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Medicare open enrollment: How safe is your Medicare Advantage plan? Be sure you understand what's involved with private alternatives to traditional Medicare.        
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