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Business News

Location American Business News for 21 November 2017

Why Wall Street's record run may soon come to an end

New York Post - 21 Nov 2017 04:58
Why Wall Street's record run may soon come to an end Mr. Bull Market keeps charging ahead. But is its run about to end? The stock market has been in a bubble for years. I'm not the only one saying that -- others, including many with loads of Wall Street experience and tons...
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BlackRock's Factor Guru Favors Momentum Stocks

Barron's - 21 Nov 2017 19:44
BlackRock's Factor Guru Favors Momentum Stocks Andrew Ang is bullish on the FAANGs and other momentum stocks but bearish on small-caps.
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Electric cars have a hidden cost

Business Insider - 21 Nov 2017 03:18
Electric cars have a hidden cost A Tesla driven in the U.S. Midwest produces 226g of carbon dioxide per kilometre over its lifecycle. That's higher than some total output by traditional combustion engine models when accounting for charging electricity a...
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FMCG firms lower prices after GST rate cut

livemint.com - 21 Nov 2017 17:11
FMCG firms lower prices after GST rate cut ITC, Dabur, HUL and Marico have reduced prices of various products already in stores to pass on the benefits of GST rate cut to consumers
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How To Find a Job You Love (Office Culture Truly Matters) Find a job you truly love by discovering what a company is really like long before you join them.
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Missing info for Tesla Semi boosts truck company stocks Elon Musk's bluster, it turned out, lasted all of one day. A deeper examination of Musk's boasts about the Tesla Semi revealed little information about two key items -- the price and weight of the semi. The lack of the k...
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The CEO of one of Asia's largest banks says bitcoin is a 'Ponzi scheme' David Gledhill, group chief information officer at DBS, condemned bitcoin at the Singapore Fintech Festival. DBS is one of the largest banks in Asia and not the first to criticize cryptocurrency. Gledhill saidbitcoin hav...
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A Super-Cheap Way to Buy VMware

Barron's - 21 Nov 2017 22:46
A Super-Cheap Way to Buy VMware Dell Technologies class V tracking stock trades at a big discount to VMware.
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Blue Lion Capital believes a heavy focus on mortgages and acquisitions is hurting HomeStreet's financial performance.
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HSBC fined a record $51M over Lehman product sales

American Banker - 21 Nov 2017 17:08
HSBC's private-banking unit was fined a record $51 million over sales of structured products linked to Lehman Brothers in Hong Kong.
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PayPal sellers can now send invoices to buyers via Facebook Messenger. PayPal director of product, next-generation commerce Shilpa Dhar detailed the new chat extension for Messenger in a blog post, saying that sellers ca...
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HSBC names Google veteran digital head

American Banker - 21 Nov 2017 20:08
Mike Warriner joins the bank with a focus on setting its digital platform strategy.
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CapStar claims Gaylon Lawrence violated the Change in Bank Control Act by building a 10% stake without prior Fed approval. The company says it's convinced Lawrence's long-term plan includes a hostile takeover.
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FETC 2018 Preview: Kami Is The Paperless Classroom Solution You've Been Looking For Saying Goodbye To Paper and Pencil Just Is So Much Easier, With Kami It’s hard to believe but if all indicators are correct, in five to ten years, paper and pencil in school may totally be a thing of the past. Many sch...
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3 Ways to Give Back to Employees During the Holidays (That Don't Involve Money) Everybody looks forward to a holiday bonus -- but when it comes to giving back to employees, these three actions inspire and empower employees well beyond the holiday season.
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Amazon holiday hiring is reaching sky-high levels -- this year's tally will be about 120,000 (AMZN) With Thanksgiving only a few days away, American consumers and retailers are gearing up for the annual post-Turkey Day holiday spending bonanza. In preparation for the madness, Amazon has said it plans to hire some 120,0...
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How To Create An Investment Culture That Supports Female Entrepreneurs In the United States today, women are starting more companies than ever before. Here is how to create an investment culture that supports female-led startups.
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We deserve to know what Congress is paying out settlements for On Monday, BuzzFeed reported that longtime Michigan Rep. John Conyers settled a sexual harassmentcomplaint with a former staff member. The public deserves to know more about these kinds of settlements. And the settlement...
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Guidance focuses on five key traits, including overseeing risk profiles; a former Congressional aide says agency must be accountable.
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Hackers steal $31M of the cryptocurrency tether

American Banker - 21 Nov 2017 17:08
The incident will fuel the debate on Wall Street over whether digital coins are secure enough to enter the mainstream of finance.
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Trump private charity received nearly $3M in donations during presidential campaign The donations arrived the same year New York's attorney general opened an investigation into its finances.        
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Police in New Hampshire have accused a woman of stealing over $300,000 worth of airline miles from a former employer's account. Thirty-six-year-old Tiffany Tomaselli, of Manchester, was charged Saturday with …
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