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Business News

Location American Business News for 26 October 2017

The most popular Halloween candy in every US state

Business Insider - 26 Oct 2017 19:30
The most popular Halloween candy in every US state Texans prefer 3 Musketeers,New Yorkerswant Kit Kats, and Californians likeAlmond Joy. That's according toa recent surveybyInfluenster, a website that hosts product reviews. The company asked 23,154 Americansto name their...
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F.C.C. to Loosen Rules on Local Media Ownership

The New York Times - 26 Oct 2017 03:35
F.C.C. to Loosen Rules on Local Media Ownership The Federal Communications Commission chairman, Ajit Pai, said in a congressional hearing that the agency would vote to roll back cross-ownership rules.
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Is CSX's Comeback Spiked?

Barron's - 26 Oct 2017 18:07
Is CSX's Comeback Spiked? Our bullish turnaround trade has now become riskier than anticipated.
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Kellogg's to replace 'racist' Corn Pops cereal boxes after tweets Kellogg’s was called out on Twitter for having racist art on their Corn Pops box and say it will be replaced. Veuer's Sam Berman has the full story.        
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Amazon is ticking higher ahead of earnings (AMZN)

Business Insider - 26 Oct 2017 16:55
Amazon is ticking higher ahead of earnings (AMZN) Markets Insider Amazon is set to report its third-quarter earnings results after the bell on Thursday, and Wall Street isfairlybullish ahead of the report. Shares arelittle changed, up 0.07% at $973.63 a piece, ahead of ...
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Technology, banks lead early rebound

L.A. Times - 26 Oct 2017 16:50
Technology, banks lead early rebound Stocks are opening higher on Wall Street on Thursday, led by technology companies and banks as the market regains most of the previous day's losses. McKesson jumped 5.2% after the prescription drug distributor had a bett...
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How leading American newspapers got people to pay for news Past ... SOMETIMES it feels like the 1970s in the New York Times and Washington Post newsrooms: reporters battling each other to break news about scandals that threaten to envelop the White House and the presidency of Do...
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5 countries that could push oil prices up

Business Insider - 26 Oct 2017 02:59
5 countries that could push oil prices up Thomson Reuters An unexpected disruption in oil markets can occur at any moments, as it has happened in the past, leading to a sudden and sharp drop in prices. Five countries to watch in particular are Iran, Iraq, Libya,...
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Arista May Be Eating Juniper's Lunch

Barron's - 26 Oct 2017 21:15
Arista May Be Eating Juniper's Lunch Juniper insists it isn't losing share but Arista looks like a tough rival in the key vertical in the 100G transition.
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The 14 countries with the most billionaires

Business Insider - 26 Oct 2017 17:02
The 14 countries with the most billionaires Chip Somodevilla/Getty Images There are 1,542 billionaires in the world, according to a new report by UBS. More than 560 billionaires live in the US — the most of any country — and they control the most wealth. If cu...
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House Republicans just cleared the way for tax reform

Business Insider - 26 Oct 2017 16:28
House Republicans just cleared the way for tax reform Getty Images The House passed the Senate's budget resolution by a vote of 216-212. Passing the budget resolutionallows Republicans to start on the fast track to their tax plan. Some GOP memberswere upset over a key provi...
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GE doubles down on Predix at the edge

Business Insider - 26 Oct 2017 17:00
GE doubles down on Predix at the edge BI Intelligence This story was delivered to BI Intelligence IoT Briefing subscribers. To learn more and subscribe, please click here. GEannouncedmajor upgrades to the edge-computing capabilities of its Predix industrial ...
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Data-Driven Decision Making: Beware Of The HIPPO Effect! One of the biggest barriers to data-driven decision-making in an organization is the HiPPO Effect, when the highest paid person's opinion gets acted upon even if it's not backed by data or if others don't believe it's th...
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Bank of Internet was under 16-month SEC investigation

New York Post - 26 Oct 2017 04:55
Bank of Internet was under 16-month SEC investigation Online lender Bank of Internet was the subject of a formal 16-month Securities and Exchange Commission investigation, according to a report. The company, led by Chief Executive Greg Garrabrants, was the subject of scruti...
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A First Time CEO's Guide to Choosing Board Members - Part 2 Zo Barry, Founder and CEO of ZappRx, on how to choose board members for new entrepreneurs.
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US 30-year mortgage rates rise to 3.94 percent

ABC News - 26 Oct 2017 16:59
US 30-year mortgage rates rise to 3.94 percent US 30-year mortgage rates rise to 3.94 percent, higher than a year ago but still below historic average
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US stocks higher as banks and technology companies rebound Stocks are higher as technology companies and banks regain some of their losses from the day before following a better round of company earnings
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UPS tops Street 3Q forecasts, sees strong holiday season United Parcel Service beats 3Q net income and revenue expectations
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(Reuters) - Twitter Inc said on Thursday it may become profitable for the first time next quarter after slashing expenses over the past year and diversifying its advertising-heavy revenue by ramping up deals to sell its ...
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Ashley Judd on what she'd say to Harvey Weinstein: 'I love you and I understand that you are sick' Actress and activist Ashley Judd is one of the many women to accuse film producer Harvey Weinstein of sexual harassment or assault. On Thursday, Judd spoke about the allegations for the first time on camera, with Diane S...
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Alphabet's Waymo will begin testing its robot cars in Michigan next week to see how they perform in snow (GOOGL, GOOG) Waymo Waymo will begin testing its self-driving cars in Michigan next week so the cars can learn to drive in snowy conditions. Waymo also tests its vehicles in Texas, Arizona, Washington State, Nevada, and California. WA...
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Amazon got a bid to build its $5 billion headquarters on the US-Mexico border -- here's what it would look like The Mesilla Valley Economic Development Alliance/The Border Industrial Association This month, Amazon received 238 bids from cities and regions that want to build its $5 billion headquarters, dubbed HQ2. In September, th...
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