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Business News

Location American Business News for 6 February 2018
Science Says This Is the Simplest Way to Remember More of What You Read Hit pause. Reflect on the content. Excel. Repeat.
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Big Buys in Halliburton, Walgreens; Selling GE Crossmark Global more than tripled Investments in Corning and Halliburton. It also sold DowDuPont.
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Stock market sell-off a wake-up call for investors

New York Post - 6 Feb 2018 07:30
Stock market sell-off a wake-up call for investors Fear is back in fashion. After getting lulled into a nowhere-but-up frame of mind, investors were violently jolted into reality on Monday as the US stock market tumbled to two-month lows. The 1,175-point decline on the D...
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'Have the courage to speak out'

BBC - 6 Feb 2018 19:17
'Have the courage to speak out' Chief exec of Lloyd's of London Inga Beale and retail guru Mary Portas give their advice for women.
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Las Vegas provides blueprint for small-bank resurgence

American Banker - 6 Feb 2018 23:08
Its small, locally owned banks were as decimated after the crisis as in any big city. But community bankers say changes to the economy and their lending practices offer them a shot at challenging the big banks that domin...
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Market Plunge Lays Bare the Peril of 'FOMO'

Wall Street Journal - 6 Feb 2018 22:30
The only thing investors have to fear, Franklin Delano Roosevelt might have said, is the fear of missing out. As investors struggle to grasp the recent sell-off, it is worth taking a look at popular recent advice.
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Financial advice after the Dow plunge

USA Today - 6 Feb 2018 18:43
Financial advice after the Dow plunge The Dow Jones industrial average plunged more than 1,100 points Monday as stocks took their worst loss in six and a half years. (Feb. 5)        
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Stocks take a historic hit -- and it may only get worse The best stock market advice you will ever get probably came from your mother: "If it's too good to be true, then it probably is." Stock prices were up more than 40 percent since Donald Trump got elected -- and the gener...
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Lululemon CEO exits due to poor conduct

USA Today - 6 Feb 2018 06:48
Lululemon CEO exits due to poor conduct Drama has returned to Lululemon.        
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China is moving to eliminate all cryptocurrency trading with a ban on foreign exchanges ANTHONY WALLACE/AFP/Getty Images) China has previously taken steps to curb cryptocurrency trading in the country, but recent moves may eliminate trading in the country completely. People's Bank of China said on Sunday th...
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Credit growth reviving but banks must ensure quality of loans, says N.S. Vishwanathan The govt's recapitalization of public sector banks along with signs of slower additions to the bad loan pile have improved the prospects of the banking sector, said RBI deputy governor
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Job referrals generally lead to white men hiring more white men When it comes to landing a good job, knowing the right person can make a big difference -- but not to a company's diversity.
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IDFC Alternatives buys IL&FS's Madhya Pradesh solar project IDFC Alternatives buys a 40MW solar power project in Madhya Pradesh, which is part of the Jawaharlal Nehru National Solar Mission
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Staying Healthy Through The Financial Flu Season As much as you want to avoid shaking hands with someone who just caught their sneeze in their palm, you need to avoid the talking heads, newsletter writers, and professional pundits who claim authority on what is best fo...
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A Louisiana man has pleaded not guilty to charges he scammed investors and banks out of more than $96 million in a scheme that allegedly included his use of a …
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Dow opens sharply lower but recovers after briefly entering 'correction' territory The blue-chip average briefly pushed into "correction" territory        
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Pence downplays stock market drop

USA Today - 6 Feb 2018 18:41
Pence downplays stock market drop Vice President Mike Pence is downplaying Monday's stock market drop, saying the fundamentals of the economy remain strong. Pence commented in Alaska, on his way to the Winter Olympics in South Korea. (Feb. 6)       ...
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Wall Street took another massive nosedive Tuesday as investors ditched stocks to buy up more secure assets like bonds and Treasury notes.
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Economist Ken Rogoff: Cryptocurrencies will eventually be regulated and issued by the government Business Insider's Sara Silverstein spoke with Ken Rogoff, former IMF chief economist and author of "The Curse of Cash," at the World Economic Forum about the use of cryptocurrencies and the possible regulatory challenge...
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Dow tumbles another 500 points at open

New York Post - 6 Feb 2018 18:39
Dow tumbles another 500 points at open The Dow Jones industrial average fell as much as 500 points in early trading, bringing the index down 10 percent from the record high it reached on January 26. The drop in early trading Tuesday marked the third straight ...
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Meet India's women open source warriors

livemint.com - 6 Feb 2018 06:40
Meet India's women open source warriors Women programmers from India are pushing the barriers in a male-dominated world, fast becoming top contributors to Linux and other Free and Open Source Software
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Quiksilver parent Boardriders announces new leadership after CEO is lost at sea Boardriders Inc. announced Tuesday that its chief turnaround officer, David Tanner, has been appointed chief executive of the sportswear company earlier than planned. He replaces Pierre Agnes, who was lost at sea last we...
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