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Business News

Location American Business News for 16 November 2017
MEXICO CITY
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The crypto coin offering that raised $232 million in non-refundable donations has been sued by people who thought they were investors Thomson Reuters A lawsuit alleges that a cryptocurrency initiativethat raised $232 million misled participants The cyrpto project, called Tezos, raised money from people who believed they were investors. But the funds we...
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In Just 9 Words Elon Musk Shows Us How to Be Visionary Leaders Whether you like Musk or not, there is no denying his perfect vision statement.
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Car Makers Count Costs of Global Warming Emissions Standards

Wall Street Journal - 16 Nov 2017 17:06
Car makers are spending billions to develop electric vehicles and comply with emissions rules designed to combat global warming. But the effort may not be enough to avoid hefty fines in Europe.
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How Australia's slow march toward same-sex marriage compares to the US TORSTEN BLACKWOOD/AFP/Getty Images This week, Australians overwhelmingly voted in favor of changing the law to allow same-sex marriage. Despite Australia's role as host of one of the world's largest LGBTQI pride parades,...
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Why India's Bitcoin Scene Is Thriving Despite A Cold Shoulder From The Central Bank At a banking event, RBI executive director Ganesh Kumar said that the organization won't be using bitcoins anytime soon. This isn't the first time the RBI has expressed its discomfort about cryptocurrency in India. But i...
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Leonardo Da Vinci's Salvator Mundi Sold For Over $450 Millions Breaking World Record It's not every day that one of Leonardo's masterpieces goes on the block - hence, its extraordinary price.
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Two Lawsuits Hit Express Scripts Unit on Pricing Eli Lilly, Mallinckrodt, and Lab Corp. of America subsidiary named as well.
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The G.O.P.'s "Boil the Frog" Strategy to Save Trump

The New Yorker - 16 Nov 2017 17:59
The G.O.P.'s Ryan Lizza writes about the Trump Administration's hope that the slow drip of news on the Russia scandal will blunt its impact.
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Bitcoin Prices Could Reach $196,165.79

Forbes - 16 Nov 2017 03:35
Bitcoin Prices Could Reach $196,165.79 The average Bitcoin investor expects the digital currency to reach $196,165 per coin - roughly 30x the digital currency's current value--before selling it.
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A self-made billionaire shares secrets for starting a business — and succeeding Clay Mathile became a self-made billionaire by growing Iams into a national pet food giant. Now he's trying to help entrepreneurs get their own start.        
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Elon Musk Uses This 6-Step Process to Make Decisions 'It's really helpful for figuring out the tricky things,' says the founder of SpaceX and Tesla.
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The Air Force's top officer wants the light-attack aircraft to be part of a high-tech battlefield US Air Force Photo by Ethan D. Wagner The Air Force is still considering adopting a light-attack aircraft to provide close air support and other low-level missions. The force's chief of staff wants a light-attack aircraf...
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Goldman Sachs' lending platform is booming (GS)

Business Insider - 16 Nov 2017 16:51
Goldman Sachs' lending platform is booming (GS) BI Intelligence This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. Goldman Sachslaunchedits digital consumer lending platform, Marcus, in October 2...
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6 insidious American work habits people in other countries resist at all costs Alexander Image/Shutterstock.com The way Americans work has people in other countries scratching their heads. Although people in the United States are known for working hard — and much longer than those in other countr...
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Yes, You Can Make Office Politics Less Toxic

Harvard Business Review - 16 Nov 2017 15:05
Here’s how to avoid dysfunction and maintain integrity.
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Facebook, Twitter, Google and Bing are teaming up with the nonpartisan Trust Project to fire the latest salvo in the skirmish against fake news. The Trust Project is funded by the Craig Newmark Philanthropic Fund, Google...
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Russia's central bank just said ICOs have 'huge potential'

Business Insider - 16 Nov 2017 03:19
Russia's central bank just said ICOs have 'huge potential' Shutterstock "Hopefully, ICO[s] will take a rightful place on Russia’s financial market," a senior Russian central bank official reportedly said. The non-regulatory Bank of Russia published a stern warning about ICOs i...
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Cost of living: Here’s where inflation is hitting your wallet the hardest Your individual inflation rate depends a lot on your personal household budget. Here are some of the biggest price changes over the last 12 months for a range of goods and services.        
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3 Things to Look For in Your Next Software Developer Hiring engineers is only getting harder. Here's how to get it right.
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Nelson Peltz wins P&G board seat in vote recount

New York Post - 16 Nov 2017 16:52
Nelson Peltz wins P&G board seat in vote recount Now it is Procter and Gamble's turn to demand a recount. One month after the Bounty and Crest maker declared victory over billionaire activist investor Nelson Peltz in the largest proxy fight ever waged, a second vote co...
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Walmart shares jump on better-than-expected sales

New York Post - 16 Nov 2017 16:37
Walmart shares jump on better-than-expected sales Wal-Mart, the world's largest retailer, reported better-than-expected quarterly sales at established US stores on Thursday, boosted by hurricane-related purchases and soaring online sales, sending its shares up 6 percent...
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