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Business News

Location American Business News for 16 December 2017
Hungry for Income? The Best--and Worst--Yield Plays for 2018 MLPs, dividend stocks could offer the most upside, while utilities and Treasuries bring up the rear. The outlook for 10 yield sectors
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Merrill Lynch's Noel Weil Has the Right Touch

Barron's - 16 Dec 2017 05:43
Merrill Lynch's Noel Weil Has the Right Touch For Merrill Lynch's Noel Weil, guarding his clients' ultrahigh net worth includes municipal bonds, blue-chip stocks, and a nice dash of private equity.
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3 Things Investors Should Watch in China in 2018 Holding growth to a sustainable pace, reining in debt and runaway property prices, and including A shares in the MSCI emerging markets index are keys to the outlook for Chinese stocks.
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Sunnier Forecast for Greek Stocks

Barron's - 16 Dec 2017 05:56
Sunnier Forecast for Greek Stocks Economic growth, rising employment, and a budget surplus improve the forecast. Bonds have jumped. Are stocks next?
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4 things that could cause bitcoin's price to explode

Business Insider - 16 Dec 2017 16:11
4 things that could cause bitcoin's price to explode Reuters / Brendan McDermid The price of bitcoin has risen 1700% so far this year. Some are calling it a bubble, but there are things that could send the price even higher. Bitcoin has risen from less than one penny in 20...
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The Tax Bill Is Finalized: Who's Happy, And Who's Not? The final tax law is here, and it appears the bill will pass by the middle of next week. Who should be happy, and who shouldn't?
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Nelson Peltz finally gets his spot on P&G board

New York Post - 16 Dec 2017 06:26
Nelson Peltz finally gets his spot on P&G board Activist investor Nelson Peltz finally gained a spot on Procter & Gamble's board -- and he didn't even need to win a majority of the votes. After more than two months of wrangling and vote-counting, the Pampers maker sai...
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There's Still Life in Spark Therapeutics

Barron's - 16 Dec 2017 05:48
There's Still Life in Spark Therapeutics Spark Therapeutics shares have sold off sharply--but there's more to the biotech than one treatment.
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Thousands of Disney workers could be laid off upon merger For Disney employees, the forecast on Friday was for pain. Lots of it. The expected synergies to come from Disney's $52.4 billion purchase of most of Twenty-First Century Fox's assets could mean job cuts of between 5,000...
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Why Investors Should Steer Clear of Steinhoff

Barron's - 16 Dec 2017 04:18
Why Investors Should Steer Clear of Steinhoff The global retail giant's shares have crashed by 80% after an accounting probe and the CEO's exit. The situation could get worse.
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U.S. stocks have been trading near record levels all year, but that hasn't stopped companies from buying back more of their own stock.
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8 money mistakes to avoid in your 20s

Business Insider - 16 Dec 2017 17:15
8 money mistakes to avoid in your 20s Iryna Inshyna/Shutterstock Set yourself up for financial success in your 30s and 40s by avoiding common money mistakes in your 20s. Even if you don't have money to your name yet, it's important to think about your financ...
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A federal judge made public late Friday a letter Uber Technologies Inc. paid $7 million to keep quiet, that laid out in explicit detail the company's alleged corporate espionage program that included wiretapping, hacks, ...
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A mobile banking service is transforming how the poor transfer money -- here's how it works Chris Weller/Business Insider In 11 countries around the world, some 30 million people use a mobile money service that is transforming how people handle their finances. It's called M-Pesa,and it has lifted hundreds of th...
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Claims made by a former Uber official in a 37-page letter delivered in May to management paints the ride-hailing firm as a paranoid company with a sophisticated intelligence apparatus designed to gain an edge on rivals a...
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A group of state lawmakers have approved sweeping proposals aimed at encouraging people and businesses to move to rural Georgia. The Atlanta Journal-Constitution reports that the group recently voted to …
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Why You Shouldn't Discount This Holiday Season Two brands aren't offering steep discounts this holiday season and the results are surprising.
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The Next Crisis for Puerto Rico: A Crush of Foreclosures

The New York Times - 16 Dec 2017 16:22
The Next Crisis for Puerto Rico: A Crush of Foreclosures The island has been hammered by a financial crisis and a hurricane. Now, tens of thousands of people are at risk of losing their homes to foreclosure.
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Big-money investors single out the biggest risk to markets over the next year Reuters Geopolitical risk is the biggest fear in markets right now, according to a Barclays survey of over 700 institutional clients. The firm says it's a combination of developments on the Korean peninsula, tensions wit...
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Iowa's egg farmers and a regional grocery chain have partnered for a promotion to donate eggs to the Food Bank of Iowa this holiday season. The Iowa Egg Council and …
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How Serena Williams makes and spends her millions

Business Insider - 16 Dec 2017 16:08
How Serena Williams makes and spends her millions Serena Williams has won a record 23 Grand Slam singles titles. $84M in career prize money, $50M more than any other female tennis players. Winning percentage: 86%. The 36-year-old turned pro in 1995. Endorsements include...
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6 Silly Mistakes To Avoid When Applying For Small Business Loans In 2018 Small business borrowers must do their homework in preparing a loan application.
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