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Business News

Location American Business News for 18 November 2017
Why Asian Shares Can Double in the Next Two Years Bank of America Merrill Lynch strategist Ajay Kapur, who correctly called the current rally, says it should last.
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Will Heavy Debt Kill the Bull Market?

Barron's - 18 Nov 2017 05:57
Will Heavy Debt Kill the Bull Market? The corporate debt market could be signaling that a bear market is coming sooner than expected. Also, Tesla's creative cash-burn ploy.
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Apple, Cisco, Google, Microsoft And Oracle Already Have A Tax Rate Below 20% Apple, Cisco, Google/Alphabet, Microsoft and Oracle already pay less than 20% tax rate
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Wall Street needs to start worrying about a key change in Fed policy The Fed's plan to shrink its balance sheet gradually may have greater market impact than expected. The planned $450 billion reduction in the Fed's assets between last month and the end of 2018 could be equivalent to a fu...
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Starbucks Thought It Had Avoided Christmas Controversy. Then This Happened It seemed like it was going to be a quiet Christmas for the coffee chain.
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Fired Wells Fargo banker gets exec booted for trash talk Hell hath no fury like a banker scorned. A Wells Fargo banker who was let go for his role in a mortgage-pricing scam turned around and ratted out his superior for trashing regulators during his exit interview. The dismis...
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Officials in southeastern Idaho say a fire gutted a nursing home early Saturday morning, but all the patients and staff made it out without serious injuries. Safe Haven Health Care …
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Here's why AT&T's proposed $85 billion merger with Time Warner is a bad deal for you and me (T) Getty/Donald Bowers AT&T wants to buy Time Warner for $85 billion. AT&T's past moves have shown that it will likely use its control over Time Warner's shows and movies to thwart rivals and charge customers more. The comp...
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A Foolish Take: Here's how much debt the average U.S. household owes Americans are living beyond their means.        
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Yale's Endowment Learns Hard Diversification Lesson Over the past decade, the performance of university endowments has lagged behind the U.S. stock market.
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Spirit Airlines turns to Disney to improve its customer service Spirit Airlines, the ultra-low-cost carrier from Florida, has reported some of the biggest profit margins of any airline in the country because of its practice of charging passenger fees for a long menu of basic services...
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Walmart and Amazon are waging an escalating battle over your closet (WMT, AMAZN) Both Amazon and Walmart are beefing up their online assortment of premium clothing offerings. Walmart is teaming up with Lord and Taylor and new subsidiaries, while Amazon is drastically increasing its delivery options a...
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WATCH: Art agents frantically bid on a rare $450 million painting Eduardo Munoz Alvarez/Getty Images Leonardo da Vinci's "Salvator Mundi," the world's most-expensive painting, was auctioned off for a staggering $450 million. You can't rush art. The world's most expensive painting was a...
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Tech stocks once again look unstoppable

Business Insider - 18 Nov 2017 16:09
Tech stocks once again look unstoppable Reuters / Beck Diefenbach Tech stocks have been an invaluable part of broader stock market strength in 2017, returning more than double the benchmark S&P 500. Skeptics said for months that the air would have to come out ...
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A $3 billion marijuana merger could soon shake up the entire industry Anthony Bolante/Reuters For years, Canopy Growth has had a comfy seat as the largest marijuana stock. Aurora Cannabis has offered to buy rival CanniMed Therapeutics, which could create a $3 billion company. The deal coul...
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'Wall Street has gone completely mad' -- One market bear forecasts a decade of stock losses AP Images / Kathy Willens By multiple measures, US equity valuations are close to the highest on record. Investor and former professor John Hussman doesn't think this is a sustainable situation, and forecasts that stocks...
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A French entrepreneur who reinvented his startup twice to survive in San Francisco shares what it took to get Americans to take him seriously Plato HQ/Facebook Quang Hoang, a French entrepreneur, had to reinvent his startup while trying to attract American investors. Hehad to change his startup's goals and hire new developers after some setbacks. Birdly was re...
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This Controversial Brand is valued More Highly Than Coke, Starbucks or Nike (No, It's Not Uber) What has got into us? See what this study says.
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Zimbabwe's Grace Mugabe: How Her Addiction to Luxury Caused Her Fall From Power Zimbabwean Vice-President and First Lady Grace Mugabe -- derisively known in her husband's failed kleptocracy as the "First Shopper" and as "Gucci Grace" for her extravagance in European capitals -- is the target of this...
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Mine Shutdown Heats Up Uranium Prices

Barron's - 18 Nov 2017 08:21
Mine Shutdown Heats Up Uranium Prices Cameco will close mine and mill operations to cope with weak prices. Less supply could end seven-year slide in prices.
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The Market's Journey: Don't Stop Believing

Barron's - 18 Nov 2017 08:15
The Market's Journey: Don't Stop Believing The S&P 500 has now gone 62 weeks without a drop of 2% or more, the longest such streak since 1965
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Seeking Safe Dividend-Paying Stocks in a Pricey Market Pamela Corrigan says her biggest challenge in a time of higher markets is to push back on clients who want more-aggressive trading.
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