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Business News

Location American Business News for 20 December 2017
As clothing rental grows, even retailers try it on for size The millennial generation's embrace of renting rather than owning has spread far beyond housing and ride-sharing, and even some traditional major retailers are taking notice. Online rental subscription services for cloth...
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Apple is reportedly merging iPhone, iPad, and Mac apps as early as next year (AAPL) Getty/Carl Court Apple reportedly plans to combine its various apps across its platforms into universal apps that work on all devices, according to Bloomberg. That would mean developers could make one app that works equa...
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US home sales climb 5.6 percent in November to 11-year high Americans bought homes at the fastest pace in nearly 11 years, as sales climbed 5.6 percent in November
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Facebook's bet on 'snackable content' could be worth $12 billion (FB) Shailesh Andrade/Reuters Facebook's video on-demand service, "Watch," could easily bring in $12 billion in sales by 2022, Brent Thill, an analyst at Jefferies, wrote in a note. The social media company's data-driven appr...
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YouTube signs deal with UMG, Sony over streaming policies It's seems like its all systems go for YouTube's expected subscription music service. The Google-owned streamer on Tuesday reached a multiyear licensing deal with Universal Music Group , the world's largest music label, ...
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Republicans in Congress are barreling ahead on their sweeping revamp of the nation's tax code, with votes in the House and Senate on Tuesday and a final vote in the …
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The price of bitcoin plunged more than 14% -- more than $2,500 -- late Tuesday after cryptocurrency trading site Coinbase said it would allow its customers to buy and sell its offshoot currency, bitcoin cash.
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DuPont lays off undisclosed number of Iowa workers Despite layoffs, Gov. Kim Reynolds said she's bullish on DuPont Pioneer's future in Iowa.        
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PNC to acquire M&A advisory firm Fortis

American Banker - 20 Dec 2017 23:08
The deal for the San Diego company would be PNC's second nonbank acquisition in less than a month.
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It's Official: What the New Tax Bill Means for You Congress cleared all hurdles and passed its sweeping tax legislation on Wednesday. What to look out for next year--and a few moves you can make this year.
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Building a Business is a Marathon

inc - 20 Dec 2017 17:31
Building a Business is a Marathon Embrace the journey, or don't start to run.
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She Went From Taking Notes for Tony Robbins To Building a 7 Figure Business Online. Here's How She Did It. From working with Tony Robbins to building herself an engaged following of 250,000 entrepreneurs, Amy Porterfield shares how to grow your audience online.
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Trump says tax reform will hurt him -- here's how much money he makes and where it comes from Ethan Miller / Getty Images President Donald Trump has claimed the tax reform bill will hurt him. But White House press secretary Sarah Huckabee Sanders admitted it "could" help his business interests. Business Insider s...
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How the final tax bill will affect four tax returns. The highest earners get the biggest break The Times ran the numbers again on four California households eager to see how the final GOP tax plan would affect them.
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Paul Ryan just undercut a major Republican argument about the GOP tax bill Alex Wong/Getty Images Paul Ryan said Wednesday that "nobody knows" if the tax bill will pay for itself, after GOP leaders argued for months that it would. Most major analyses show that the bill would not pay for itself....
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JD.com will open hundreds of unmanned stores

Business Insider - 20 Dec 2017 17:15
JD.com will open hundreds of unmanned stores BI Intelligence This story was delivered to BI Intelligence "E-Commerce Briefing" subscribers. To learn more and subscribe, please click here. JD.com and real estate developer China Overseas Land & Investment Ltd (COLI) ...
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How Rough Was Uber's 2017? Let Us Count the Ways An important new court ruling comes out against the company, and it's only like the seventh roughest challenge the company faced in 2017.
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(Reuters) - Wall Street's main indexes opened higher on Wednesday after the U.S. Senate approved a sweeping $1.5-trillion tax bill that is expected to boost corporate earnings and lead to higher dividends and stock buyba...
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Chase incentivizes mobile wallet usage (JPM)

Business Insider - 20 Dec 2017 17:04
Chase incentivizes mobile wallet usage (JPM) BI Intelligence This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. Chase Freedom cardholders will be ableto earnadditional rewards by paying with ...
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Holiday Travel With Kids Can Be One Big Hassle. These Entrepreneurs Promise to Help These enterprising entrepreneurs are solving problems and building businesses.
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Elon Musk accidentally shares his cell phone number on Twitter Billionaire innovator Elon Musk apparently accidentally shared his cell phone number on Twitter for the world to see Tuesday.        
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The US government is lifting a ban on engineering deadly viruses to make them more dangerous CDC The NIH is ending a three-year pause on funding research into ways to genetically engineer viruses so they become more contagious or deadly. This sort of work is known as "gain of function" research. It could help us...
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