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Business News

Location American Business News for 22 November 2017
AT&T CEO claims merger is to compete with tech companies Fears are growing that the Justice Department's suit to block AT&T's proposed takeover of Time Warner could upend business-as-usual in an unexpected place -- Silicon Valley. AT&T CEO Randall Stephenson has repeatedly str...
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3 Ways Young Professionals Can Combat Loneliness When Working From Home How do you maintain a social life if you live alone and don't have to work in an office anymore?
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Business Planning With Austrian Economics: Marginal Analysis Marginal analysis was the heart of early Austrian economics and was quickly adopted into mainstream economics. Amazingly, many people in business forget all about it on the job. Yet marginal analysis explains many things...
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Fitbit Insiders Sell $16.6 Million in Stock

Barron's - 22 Nov 2017 13:40
Fitbit Insiders Sell $16.6 Million in Stock Stock sales have cooled down considerably from 2016, and so has Fitbit's dramatic stock-price drop.
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Bitcoin's eight-fold surge in value this year is forcing Wall Street banks to balance clients' interest in speculating on the cryptocurrency with executives' skepticism about its future.
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Yellen says Fed needs to avoid 'boom-bust'cycle in economy Yellen says biggest challenge facing the central bank will be to craft an interest rate policy that avoids 'boom-bust' cycle
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Who Needs a Tax Cut? Companies Are Spending Anyway

Wall Street Journal - 22 Nov 2017 19:50
Tax cut or no tax cut, companies could be spending a lot more money in the year ahead.
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(Reuters) - Meg Whitman on Tuesday announced that she will step down as chief executive of Hewlett Packard Enterprise Co , ending a 6-year tenure that included overseeing one of the biggest corporate breakups in history.
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One of the biggest shopping days of the year is coming up, and that means retail companies will be seeing a lot of action--both by consumers getting ready for Christmas, and from Wall Street traders playing the action.
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E-Commerce Is Boosting This Hidden Part Of The Retail Market E-commerce raked in $3.34 billion in online sales on Black Friday last year and $3.45 billion on Cyber Monday. But there's also a lesser-known fact about online shopping.
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Trump administration, in a gift to telecom firms, is pulling the plug on net neutrality Black Friday is still a couple of days away, but the Trump administration already has handed out gifts to the telecom industry. The Republican-controlled Federal Communications Commission on Wednesday took the wraps off ...
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Q&A: Famed economist Henry Kaufman says robots are 'greatest challenge' to workers Henry Kaufman, famed Wall Street economist, says workers will be replaced by technology and markets could some day be tripped up by a computer glitch.        
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The trial of Stefan Buck was an unusual courtroom showdown in the decade-old fight by the U.S. against tax evasion aided by financial institutions in Switzerland.
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Applications for US unemployment benefits drop 13,000 US unemployment benefit claims drop 13,000 to 239,000 last week, sign of strong labor market
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Gearing up for Thanksgiving dinner, with a nod to Made in America This Thanksgiving, La Brea Bakery is one of many companies showing love to the U.S. worker, on the farm and in the factory.
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How Intuition Can Be Your Secret Weapon As an Entrepreneur Your inner voice is your most powerful and least-used tool.
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DryShips' Strong Quarterly Results Show The Company's Earnings Potential DryShips' third quarter results show the revenue power from its old fleet and the earnings potential of its new ships.
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Cross state lines to shop tax-free on Black Friday In Delaware, Maryland residents can leave their 6% sales tax behind.        
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Lane furniture brand switching parent companies

News Observer - 22 Nov 2017 19:46
The Lane furniture brand is being sold from one company to another. United Furniture Industries Inc. says it will buy Lane from Heritage Home Group LLC. The two companies announced …
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Govt plans to fast-track hydropower projects in Jammu and Kashmir Jammu and Kashmir deputy CM Nirmal Kumar Singh says the state plans to add more than 5,000 megawatts of hydropower using the flow of its rivers within the next five to six years
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China's CEFC denies links to alleged Africa bribery plot Chinese energy company denies links to alleged bribery scheme in Africa
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(Reuters) - Uber Technologies Inc paid hackers $100,000 to keep secret a massive breach last year that exposed the data of some 57 million accounts of the ride-service provider, the company said on Tuesday.
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