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Business News

Location American Business News for 22 December 2017
iPhone X Will Make Samsung Up To $22 Billion Richer In 2018 Samsung's projected earnings are estimated to reach up to $22 Billion in 2018. Apple continues to source its OLED components from the aforementioned company for the iPhone X.
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WATCH: Several businesses announce bonuses to workers after passage of tax cut bill With businesses getting a permanent tax cut, from 35 percent to 21 percent, some companies have announced bonuses to employees, new investments and pay hikes.
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Bitcoin plunges below $11,000 on Coinbase as rout accelerates; now down 40% from record Bitcoin plunges more than 40% from its all-time high reached Sunday, according to Coinbase. Recently launched bitcoin futures on CME and Cboe tumble more than 15% Friday.        
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Papa John's founder exiting as CEO weeks after NFL comments Papa John's founder John Schnatter will step down as CEO next month, about two months after he criticized the NFL leadership over national anthem protests by players -- comments for which the company later apologized. Sc...
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IBM Could Surprise Wall Street In 2018

Forbes - 22 Dec 2017 03:54
IBM Could Surprise Wall Street In 2018 IBM has got a couple of things right recently, which could help the company rise on Wall Street in 2018.
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Cryptocurrencies are now worth a grand total of $600 billion -- and climbing YouTube / Ripple Bitcoin might be slowing, but these other cryptocurrencies like Etherum, Ripple and IOTA, have made quite a name for themselves recently. Throughout history, there's been no better creator of long-term w...
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Former top commercial mortgage-backed securities strategist Trevor Murray accused the Swiss lender of illegally firing him in 2012 for blowing the whistle on attempts by traders to influence his research reports.
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Why Personal and Corporate Branding Are Critical for Entrepreneurs Create a brand that customers can trust all of the time.
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Major stock exchange wants to launch Bitcoin ETFs

Business Insider - 22 Dec 2017 16:51
Major stock exchange wants to launch Bitcoin ETFs BI Intelligence This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. The New York Stock Exchange (NYSE)has filed withthe Securities and Exchange Comm...
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UnitedHealth plans $2.8B bid to grow South America business U.S. health insurer is expanding into South America by spending about $2.8 billion to buy a health care provider and insurer that operates in Chile, Columbia and Peru.        
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The Best Meal Kit Delivery Services of 2017

USA Today - 22 Dec 2017 16:46
The Best Meal Kit Delivery Services of 2017 Eat right and eat easy.        
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(Reuters) - The pace of U.S. vehicle sales is set to slow for the third straight month in December despite aggressive discounts from manufacturers, according to industry consultants J.D. Power and LMC Automotive.
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Companies are rushing to announce special bonuses and pay hikes after the GOP tax plan REUTERS/Stephanie Keith Both the House and Senate passed thefinal version of the Republican tax billon Wednesday, and a number of companies took the opportunity to announce special bonuses or pay hikes. The billreduces t...
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Founders Who Are Serious About Their Startup Invest This Much Money at the Beginning How much money a founder should start with is not always clear, but here are seven examples that show $10,000 - $15,000 is a proven initial investment.
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(Reuters) - Wall Street opened little changed on Friday, with gains in financial stocks offsetting losses in Nike and technology shares.
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The 8 Business Lessons This CEO Teaches His Kids Raising gritty kids is the hardest job you will do.
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Goldman Sachs to set up cryptocurrency trading desk

New York Post - 22 Dec 2017 16:20
Goldman Sachs to set up cryptocurrency trading desk Goldman Sachs Group Inc. is setting up a trading desk to make markets in digital currencies like bitcoin, Bloomberg reported, citing people familiar with the matter. The Wall Street bank aims to get the business running ...
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Everything looks better on social media.
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The price of bitcoin continued its weeklong slump Thursday night, dropping more than $1,300 in a matter of hours. The cyrptocurrency is down more than 23% from its all-time high above $19,500 on Sunday.
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SAN FRANCISCO
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WASHINGTON
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Japan Cabinet OKs record $46 bln defense budget

News Observer - 22 Dec 2017 04:11
Prime Minister Shinzo Abe's Cabinet on Friday approved Japan's biggest 5.19 trillion yen ($46 billion) defense budget to bolster ballistic missile defense capability amid escalating threats from North Korea. Under …
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