Business News
A Long-Time Capitol Hill Reporter on the Art of the Hallway Interview
The New York Times - 14 Nov 2017 20:52
"I have chased members of Congress down hallways in high heels, rain boots and, once, because a shoe fell off, sock-footed."
China may have peaked -- and the world should prepare
Business Insider - 14 Nov 2017 00:48
Reuters/Jonathan Ernst As President Trump travels through Asia this week trying to rally support against North Korea, we are missing what is an even greater challenge, something that could very well change the very natur...
Yes, R&B Sensation H.E.R. Is Gabi Wilson
Forbes - 14 Nov 2017 16:45
Anonymity can serve as protection for a developing artist--and a useful marketing tool.
Ray Dalio's Bridgewater Boosts Gold And Emerging Markets Holdings
Forbes - 14 Nov 2017 17:03
The $160 billion fund has more than half its long portfolio in emerging markets
Wells Fargo softens overdraft policies as part of image overhaul
American Banker - 14 Nov 2017 17:01
Under changes announced Tuesday, the San Francisco company will provide a one-day grace period on overdraft fees to its direct deposit customers. It also eliminated overdraft fees on all transactions of under $5.
4 Top Tips I Learned In My Early Days As An Entrepreneur
inc - 14 Nov 2017 16:40
Want to start your own business? Read this first.
B of A, JPMorgan, Wells, Amex launch vendor management firm
American Banker - 14 Nov 2017 17:01
TruSight will assess, validate and monitor vendors on behalf of the consortium, which is expected to expand.
TheStreet shares soar after company unloads $55M in stock
New York Post - 14 Nov 2017 05:38
Shares of TheStreet soared 34 percent on Monday after the financial news Web site got rid of $55 million in preferred stock -- which was seen as a hindrance for any possible takeover. The company, co-founded by Jim Crame...
EU Regulator Follows U.S. SEC With Stark 'ICO Risk' Warnings
Forbes - 14 Nov 2017 04:55
After a U.S. SEC statement this month on celebrity endorsements to encourage the public to invest in Initial Coin Offerings (ICOs) that may be unlawful, EU financial regulator ESMA has issued a strong warning over ICO ri...
Prosper reports $26M loss despite spike in lending
American Banker - 14 Nov 2017 04:08
The San Francisco company is one of numerous online lenders that are struggling to become profitable.
WATCH: Price differences between shopping in stores and on the internet
ABC News - 14 Nov 2017 03:33
Walmart sells some items for more online than in person.
Chinese Singles' Day spending blows Black Friday and Cyber Monday out of the water
Business Insider - 14 Nov 2017 03:04
Americans see Black Friday and Cyber Monday as the ultimate consumer spending extravaganzas, but the annual "record breaking " sales days have nothing on China'sso-called Singles' Day.As we can see in this chart from Sta...
3 Holiday Shopping Hacks That'll Save You Hundreds
NBC News - 14 Nov 2017 02:55
Consumers are expected to spend more than last year on holiday shopping -- but you don't have to be one of them.
3 Dead In Northern California Shooting, Shooter Killed After Wounding Children
TPM - 14 Nov 2017 20:34
RED BLUFF, Calif. (AP) -- Authorities say 3 dead in shooting in rural Northern California; shooter killed after also wounding kids at school.
Heartland in Iowa to buy Minneapolis-area bank
American Banker - 14 Nov 2017 17:01
The company will pay $53 million in cash and stock for Signature Bank.
Feds head to court to seek dismissal of Twin Metals lawsuit
Miami Herald - 14 Nov 2017 16:57
Government lawyers go to federal court Tuesday to seek dismissal of a lawsuit by developers of the proposed Twin Metals copper-nickel mine who are seeking to regain their mineral rights …
9 wild stories that reveal the brutally competitive side of Amazon CEO Jeff Bezos
Business Insider - 14 Nov 2017 16:56
Brendan McDermid/Reuters • Amazon is known throughout the business world for being a ruthless competitor — and is on track to become the first trillion-dollar company. • Reports from Brad Stone's "The Everything St...
Goldman can hit $13 billion in new consumer loans in three years: CFO
Reuters - 14 Nov 2017 16:49
(Reuters) - Goldman Sachs Group Inc can hit $13 billion in new consumer loans in the next three years through its Marcus online lending business, Chief Financial Officer Marty Chavez said on Tuesday.
Startup founders are following Bill Gates' example and going off the grid for weeks at a time
Business Insider - 14 Nov 2017 16:42
Susan Walsh/AP It can be difficult to clear your head when you're surrounded by information and checking notifications. Bill Gates has a tradition of taking two weeks off just for deep reflection every year, a ritual oth...
U.S. producer prices rise 0.4% in October on higher food prices
USA Today - 14 Nov 2017 16:34
Prices at the wholesale level climbed 0.4% in October and 2.8% over the past year, biggest annual jump in more than five years.
Wall Street opens lower as tax plan doubts weigh
Reuters - 14 Nov 2017 16:33
(Reuters) - U.S. stocks opened lower for the fifth straight day on Tuesday as worries about Republican tax plans and the economy's ability to deal with more interest rate hikes weighed on the mood among investors.
A $10 billion provision in the House tax plan is really bugging the AARP -- and one expert thinks that's enough to kill it
Business Insider - 14 Nov 2017 16:32
J. Scott Applewhite/Associated Press TheHouse Republican tax reform billincludes the repeal of an itemized deduction related to medical expenses, a measure that costs the federal government $10 billion. Therepeal, which ...