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Business News

Location American Business News for 8 February 2018

Zelle's next phase takes shape at BNY Mellon

American Banker - 8 Feb 2018 04:08
The banks behind the Zelle network had more in mind than P-to-P payments between consumers, and BNY Mellon is beginning the network's evolution by targeting business payments market.
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How to Cope When Your Own Boss Doesn't Know What You Do There's a simple approach you can use to avoid confusion but still provide enough detail to a clueless boss.
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A science artist uses math to make magic angle sculptures

Business Insider - 8 Feb 2018 22:52
A science artist uses math to make magic angle sculptures See Also: This "chef" makes the tiniest food A designer built a peephole for his office door -- and the result is incredible 9 incredible things to eat and do in Jamaica
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(Reuters) - BlackRock Inc plans to raise about $10 billion as part of a new business that would take direct stakes in companies, according to a person familiar with the matter.
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Lululemon's CEO resigned in wake of inappropriate relationship, and other poor conduct Lululemon CEO's poor conduct included inappropriate relationship with one of the company's designers        
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Tesla Inc. on Wednesday reported the biggest quarterly loss in its history, more than half a billion dollars, wrapping up a year in which the company lost more than $1.4 billion while failing to meet many of Chief Execut...
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Time To Go Bargain Hunting In Bitcoin, Ripple, Litecoin And Other Cryptocurrencies? With many currencies trading anywhere from 60 to 80 percent below their all-time highs, and the advance/decline ratio improving, the time may be ripe to go bargain hunting.
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For Millennial Investors, a Harsh Lesson in Market Gyrations

The New York Times - 8 Feb 2018 03:35
For Millennial Investors, a Harsh Lesson in Market Gyrations Severe stock swings rattled young investors, many of whom had never experienced such an intense sell-off and were left feeling "a punch to the gut."
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Here's the last shot SpaceX got of Elon Musk's Tesla Roadster and its dummy driver 'Starman' YouTube / SpaceX SpaceX successfully launched its Falcon Heavyrocket carrying Elon Musk's 2008 Tesla Roadster, complete with adummy driver named "Starman"wearing a SpaceX spacesuit, into space on Tuesday. The payload was...
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Marquette Bank is proof that community banks don't have to be the fastest or flashiest to compete with online lenders. Instead, the Chicago bank closely mirrored fintech offerings while promoting personal service to set ...
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House clears bill to ease limits on QM points and fees

American Banker - 8 Feb 2018 22:08
The legislation, a similar version of which passed in the last Congress, would give favorable regulatory treatment to certain loans even if real estate-related fees were paid to an affiliate of the lender.
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Ancestry.com Looks at Where the 'Miracle on Ice' U.S. Hockey Players Really Came From On the eve of the Winter Games in PyeongChang, South Korea, five members of the "Miracle on Ice" 1980 gold-medal-winning U.S. men's Olympic hockey team reunite for an Ancestry.com ad, reminding us that, in America, "Grea...
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Twitter Reports Its First-Ever Quarterly Profit, Earning $91 Million The company is still struggling to increase its number of monthly active users.
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Tax Reform and Small Businesses: The Good and the Bad The best course of action for businesses looking to reap the benefits of tax reform? Act with confidence and plan for the best.
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Millennials are loading up on Nvidia ahead of earnings (NVDA) AP Photo / Paul Sakuma Nvidia reports fourth-quarter earnings after the bell on Thursday. Millennials and Wall Street are bullish ahead of earnings, but enthusiasm is waning. The company will have to prove it can grow it...
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The media company's stock skyrocketed during 2017, even as President Trump labeled the New York Times as "failing."
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Viacom misses estimates as ad, affiliate sales drop

New York Post - 8 Feb 2018 18:54
Viacom misses estimates as ad, affiliate sales drop Viacom, which is exploring a merger with CBS, missed analyst forecasts for quarterly revenue on Thursday due to steep declines in US advertising and sales through cable and satellite companies. The New York-based media c...
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5 Things Genworth Executives Told Wall Street

ThinkAdvisor - 8 Feb 2018 18:46
Tom McInerney says many jurisdictions have already approved the China Oceanwide deal.
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Amazon launches free, 2-hour Whole Foods deliveries in four cities Amazon is opening up free, two-hour deliveries from Whole Foods stores to its Prime members in Austin, Cincinnati, Dallas and Virginia Beach, Va. beginning Thursday.        
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The Dow slipped in early trading and global stocks were mixed following the week's market turbulence
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3 Ways to Wreck Your Employer Brand Project Bring your employer brand to life by avoiding these mistakes.
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NATO and the EU are facing 'an environment of contested security' -- and the risk of accidental war with Russia is rising Thomson Reuters BERLIN
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