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Business News

Location American Business News for 29 November 2017
Aston Martin Vantage Threatens Ferrari Expansion Plans Aston Martin's new Vantage sports car is causing some angst amongst Ferrari shareholders because it promises competition in a sector where it formally prowled alone.
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See the Special Toyota Ad That Aired on NBC Last Night Between The Voice and This Is Us Toyota's holiday Toyotathon commercials aren't exactly known for their subtlety. They usually punch you in the face with holiday cheer, 30 seconds at a time. This year, though, the automaker and agency Saatchi & Saatchi ...
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OPEC has an impossible job when it comes to stabilizing oil prices OPEC will likely extend production cuts for another nine months to help inflate oil prices. However, US crude oil production is booming, threatening to offset any supply cuts from the organization. OPEC is on the verge o...
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Fossil watches heading for 'an epic blow-up'

New York Post - 29 Nov 2017 04:59
Fossil watches heading for 'an epic blow-up' What's in your wallet, Fossil Group? The answer is, not much. The watch and leather goods maker, which produces time pieces for Michael Kors, Karl Lagerfeld, Marc Jacobs, DKNY and more than a dozen others, is sitting on ...
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World leaders are embracing bitcoin because they're scared of losing control Reuters/Alexander Zemlianichenko World leaders are embracing cryptocurrencies so that they have some say in its future. Russian President Vladamir Putin pulled a complete 180. Last yea rthe country considered jailing bit...
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Automation could kill 73 million U.S. jobs by 2030 Sixteen million to 54 million workers, or as much as a third of the workforce, will need to be retrained for entirely new occupations.        
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California's marijuana industry may be in deep trouble

Business Insider - 29 Nov 2017 02:35
California's marijuana industry may be in deep trouble REUTERS/Kimberly White Among states that have legalized recreational marijuana, none is more vital to the success of the pro-legalization movement, or to the industry, than California. Two regulations unveiled recently c...
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Retail group: Those using both online, stores spending more A retail trade group says people who shopped both online and in stores from Thanksgiving to Cyber Monday were the biggest spenders
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4 Things to Start Doing Before 2018 to Help You Land Your Dream Job How to network efficiently and make connections that can get you the job of your dreams. Getting a recommendation from your peers is valuable.
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How Consumer Brands Can Succeed In An Amazon World Brands needn't fear Amazon - quite the opposite really. There are a few valuable lessons we can learn from Amazon that, when combined with a mobile-first strategy, will enable brands to thrive and coexist peacefully with...
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The 50 best beaches in the world, according to travel experts sueleymancoskun/Shutterstock There's plenty to enjoy about a destination that's merely sand and sea. But these beaches have more to offer. Some shores are lined with black or pink sand instead of white. Some spots featur...
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Ten Things The Air Force Won't Tell You About Its Plan To Kill Recap Of The J-Stars Radar Plane The Air Force wants to to cancel a planned replacement of radar planes that can track enemy ground forces in the fog of war, but it has left key details out of its public explanation for the move.
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Partnerships with financial technology companies could be effective in helping banks meet small-dollar credit demand, but those partnerships face a legal cloud. Thankfully Congress is considering adding needed clarity.
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Amazon dominates Thanksgiving and Black Friday online sales (AMZN) BI Intelligence This story was delivered to BI Intelligence "E-Commerce Briefing" subscribers. To learn more and subscribe, please click here. Amazon pulled in 45% of all online transactions — or purchases — on Thank...
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Taken for a ride? Ambulances stick patients with surprise bills One patient got a $3,660 bill for a four-mile ride. Another was charged $8,460 for a trip from one hospital that could not handle his case to another that could. Still another found herself marooned at an out-of-network ...
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Amazon smashed all records on Cyber Monday for its best day in history (AMZN) AP Images / Peter Wynn Thompson Cyber Monday 2017 is now the single biggest shopping day in Amazon’s history, surpassing Prime Day 2017. Amazon App orders on Cyber Monday rose 50% over last year. The best-selling item ...
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Uber losses widen as scandals pile up

New York Post - 29 Nov 2017 16:51
Uber losses widen as scandals pile up Uber's quarterly losses widened, a source familiar with the matter told Reuters on Tuesday, as the ride-hailing company wades through legal troubles and faces regulatory scrutiny across the globe. The Silicon Valley-base...
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Bitcoin Topping $11k And Ethereum Hitting $515 Shouldn't Surprise Anyone, Here's Why Here's the inside scoop on what's happening.
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S&P, Dow open higher on tax bill hopes

Reuters - 29 Nov 2017 16:37
(Reuters) - The S&P and the Dow opened higher on Wednesday, fueled by optimism following progress on U.S. tax legislation and hints of lighter regulation in the banking sector.
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This rare reptile has two arms and no legs, and it gets around just fine Evolution is responsible for some weird animals on Earth, but this two-armed worm might just be the weirdest. Following is a transcript of the video. This creature is like a worm with two little arms! It's known as a Bip...
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Katie Couric once said Matt Lauer pinched her 'on the a-- a lot' Associated Press/Richard Drew NBC News fired Matt Lauer following a complaint from a colleague accusing him of "inappropriate sexual behavior," the network said Wednesday. NBC News Chairman Andrew Lack told staff in a me...
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Disney eliminates 150 jobs at ESPN

Reuters - 29 Nov 2017 16:36
(Reuters) - Walt Disney Co's ESPN unit is laying off about 150 employees, ESPN President John Skipper said in a memo to employees on Wednesday.
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