Business News
A Fed Rate Increase Is Expected. But What Comes Next?
The New York Times - 11 Dec 2017 00:32
The Federal Reserve has signaled its move this week. Investors, though, want to know whether the central bank will continue with its patient approach to rates.
Facebook is challenging Google and Apple for mobile gaming (FB, GOOG, GOOGL, AAPL)
Business Insider - 11 Dec 2017 17:05
BII This story was delivered to BI Intelligence Apps and Platforms Briefingsubscribers. To learn more and subscribe, please click here. Facebook is enhancing Instant Games withtwo new features— live streaming and video...
The Fed seems to be giving up on a key driver of the economy
Business Insider - 11 Dec 2017 16:56
Thomson Reuters Federal Reserve officials are pinning their interest rate hikes on recent job market strength, with the unemployment rate at a 17-year low of 4.1%. However, signs of weakness in the economy remain, includ...
Snap erases the entire drop from its earnings disaster (SNAP)
Business Insider - 11 Dec 2017 16:36
Snap is now trading at the price it was at before its disastrous third-quarter earnings report. Shares plummeted by as much as 18% after missing revenue and user growth numbers. Barclay's released a report recently that ...
Why JPMorgan, Amex, HSBC are backing 'isolation' web browsing
American Banker - 11 Dec 2017 17:14
In a rare show of public support for a security technology, the banks are leading a $40 million funding round for Menlo Security, provider of browser technology that keeps malware at bay -- and they're using it, too.
Former IRS Investigator Joe Banister Loses Appeal Of Aiding And Abetting Penalties
Forbes - 11 Dec 2017 04:18
Joseph Banister KPMG accountant, turned IRS investigator, turned anti-tax activist loses appeal on aiding and abetting penalties.
The Wall Street Journal: Bitcoin futures begin trading with a bang, Cboe website stalls
Market Watch - 11 Dec 2017 02:50
The first bitcoin futures started trading Sunday, sparking a swift run-up in the price of the digital currency as the exchange provider's website experienced outages from heavy traffic.
Once the W.T.O.'s Biggest Supporter, U.S. Is Its Biggest Skeptic
The New York Times - 11 Dec 2017 02:21
The Trump administration isn't alone in criticizing the World Trade Organization. But it may be the only country trying to subvert it.
A group of former Gawker employees launched a Kickstarter to buy back Gawker.com
Business Insider - 11 Dec 2017 17:11
Former Gawker employees have launched a Kickstarter to buy Gawker.com. Gawker.com ceased publication in 2016 and was not included in the sale to Univision. Gawker founder Nick Denton is not involved. A group of former Ga...
This Pop-Up Entrepreneur Is Saving 10,000 Christmases in Puerto Rico
inc - 11 Dec 2017 17:00
Operation Toy Story will send a ship-load of toys to hurricane victims. And there's time to help!
WTO losing focus, must rethink development: U.S. trade chief
Reuters - 11 Dec 2017 16:59
BUENOS AIRES
Markets Right Now: US stocks open slightly higher
Miami Herald - 11 Dec 2017 16:48
The latest on developments in financial markets (All times local): 9:35 a.m. Stocks are opening mostly higher on Wall Street led by gains in technology and energy stocks. Advanced Micro …
The UK alternative finance market is still healthy
Business Insider - 11 Dec 2017 16:47
BII This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. The UK's alternative finance market — including marketplace lending, crowdfunding, and inv...
Mall giant GGP rejects buyout offer from Brookfield
New York Post - 11 Dec 2017 16:33
GGP, one of the largest owners and operators of US shopping centers, has rejected a $14.8 billion buyout offer from its biggest shareholder, Brookfield Property Partners, people familiar with the matter said on Sunday. B...
Will misconduct scandals make men wary of women at work?
News Observer - 11 Dec 2017 07:50
Some women, and men, worry the same climate that's emboldening women to speak up about sexual misconduct could backfire by making some men wary of female colleagues. Forget private meetings …
Life After Demonetization: Meet The Local Startups Driving Digitization In India's New Economy
Forbes - 11 Dec 2017 04:49
Over a year ago, the Indian government withdrew more than 86% of its currency from the system, and forever changed the country's business landscape. These are some of the startups helping to usher India into a new era of...
Why Trump's Travel Ban Is A Loss For America But Gain For Japan
Forbes - 11 Dec 2017 04:13
With President Trumps' third travel ban temporarily upheld, the growing number of Muslim middle class travelers are looking elsewhere for their holiday retreat. With open arms and halal-friendly food and facilities, Japa...
Tax Guy: Why a Roth IRA conversion might be even smarter next year if the tax bill passes
Market Watch - 11 Dec 2017 03:59
Here's an updated scoop on the strategy, taking into account the possibility of tax reform.
Canada to sell legal pot in liquor stores
USA Today - 11 Dec 2017 03:59
The Canadian province Nova Scotia, has announced that they will start selling marijuana in their liquor stores when the drug becomes legalized in Canada in July 2018. For more on the story here is Zachary Devita. �...
Winning Health Tech Entrepreneurs Will Focus On Implementation, Not Fetishize Invention
Forbes - 11 Dec 2017 03:36
Powerful emerging technologies afford the opportunity to radically reconceptualize our world, and profoundly refine our understanding of health and disease. But our greatest challenge may be the long, complex path toward...
Huge US mall operator rejects a deal that would have made a retail property giant
CNBC - 11 Dec 2017 03:22
Brookfield had made a $23-per-share cash offer for the U.S. mall owner last month.