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Business News

Location American Business News for 27 October 2017

George Soros' investment firm sheds employees

New York Post - 27 Oct 2017 05:32
George Soros' investment firm sheds employees Nine people, including two portfolio managers, left George Soros' massive $26 billion investment office this week, The Post has learned. One manager exited to start his own fund with money seeded from Soros, sources told...
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Tesla is set to dominate in China (TSLA)

Business Insider - 27 Oct 2017 03:03
Tesla is set to dominate in China (TSLA) Ng Han Guan/AP Tesla this week confirmed talks with the Chinese government to build a factory near Shanghai. Tesla made$1 billion from China last year and $4.2 billion in the US. No deal is confirmed yet, but a Chinese f...
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Drinkers don't care about Anheuser-Busch anymore

New York Post - 27 Oct 2017 04:24
Drinkers don't care about Anheuser-Busch anymore Americans last year continued to lose their thirst for Bud. The flagship brew of Anheuser-Busch InBev saw US shipments of the famous lager fall to 14.4 million barrels last year -- down 60 percent from the 35.2 million b...
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No end in sight for tech giant share gains

Reuters - 27 Oct 2017 16:29
(Reuters) - The world's biggest technology companies are only getting bigger and, for now, Wall Street analysts think there's no stopping them.
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iPhone X Preorders Are Selling on eBay--for Up to $10,000 Can you put a price on love (of a new iPhone)? Apparently, yes.
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Is George Soros Funding Riots Planned on November 4th? Is George Soros funding riots planned on November 4 in America? That’s the claim by several web sites on the alt-right. The post Is George Soros Funding Riots Plan...
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Inside billionaire Warren Buffett's unconventional marriage, which included an open arrangement and 3-way Christmas cards Scott Olson / Getty Images • Warren Buffett married Susan Thompson in 1952. • She ultimately left Warren to pursue a singing career, but they remained amicably married until her death in 2004. • Susan also introduc...
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WASHINGTON
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The Language of Leadership In 5 Basic Steps Words have power. Before you open your mouth learn to master the key elements of creating a cohesive culture at work.
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Twitter may turn a quarterly profit for the first time ever Twitter got Wall Street buzzing as it said it could turn a quarterly profit for the first time ever -- despite admitting it has been overstating monthly user numbers for the past three years. The social network has never...
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Amazon now employs a whopping 542,000 people and plans to hire thousands more (AMZN) Ted S. Warren/AP Amazon's employee base swelled an astounding 77% from the end of June to the end of September. Theretail giant now employs541,900 people, up from382,400 last quarter and306,800 a year ago. It is one of o...
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Amazon's $18 billion cloud business continues to crush Microsoft and Google -- here's the latest scorecard for the cloud war (AMZN) Amazon Amazon, Microsoft, and Google all reported earnings on the same day, giving us an update on the state of the cloud computing war. It's hard to directly compare Amazon's $18 billion Amazon Web Services business wit...
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Music producers Jimmy Jam and Terry Lewis will be behind a series of free concerts in Minneapolis during the 10-day Super Bowl Live festival that leads up to the big …
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The Federal Emergency Management Agency (FEMA) is looking into how a contract between Puerto Rico and a tiny power company -- whose CEO and partner are friendly with the Trump administration -- was procured, according to...
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Starbucks is launching three new bottled coffee drinks Get ready coffee lovers, Starbucks is launching three new bottled coffee drinks in 2018.        
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A sleek sports car once owned by Steve Jobs could sell for over $300,000 at a Manhattan auction. But its price is practically pocket change compared to some of the …
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Design Thinking and Business Building: Why You Need Both Design thinking is not just for product development. It can be applied to solving your biggest business challenges.
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6 Can't Miss Conferences If You Want to Grow Your Business Want to make better teams? These 6 conferences are trying to help you just do that.
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Microsoft, Amazon push S&P, Nasdaq higher

Reuters - 27 Oct 2017 16:07
(Reuters) - Gains in technology stocks powered by strong earnings from Microsoft, Amazon and Alphabet lifted the Nasdaq and the S&P on Friday, but losses in Chevron and Merck kept the Dow in the red.
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Ex-Dividend Reminder: Hasbro, Casey's General Stores and AES Hasbro, Inc. will pay its quarterly dividend of $0.57 on 11/15/17, Casey's General Stores, Inc. will pay its quarterly dividend of $0.26 on 11/15/17, and AES Corp. will pay its quarterly dividend of $0.12 on 11/15/17.
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New questions and searches greet travelers flying to the US Some travelers startled by questions under enhanced screening for US-bound flights
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5 Ways To Improve Your Elevator Pitch Today Use these simple tips to successfully pitch a prospective client or investor.
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