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Business News

Location American Business News for 15 February 2018

Nestlé's Fortunes Melting Like Ice Cream

Wall Street Journal - 15 Feb 2018 18:40
Nestlé's Chief Executive Mark Schneider has grasped the challenge facing the world's largest food company. But making Nestlé more responsive and entrepreneurial is proving to be a very tall order.
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Shaq Fu: A Legend Reborn is getting a physical and digital release for PlayStation 4, Xbox One, Switch, and PC this spring. Wired Productions will publish the game from independent developer Saber Interactive. The sequel...
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Cash Is King--and a Harbinger of Doom?

Barron's - 15 Feb 2018 17:43
Cash Is King--and a Harbinger of Doom? Some big-name value managers have been wary of stock valuations and holding off on buying. They're not alone. So what's next?
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Sears reveals its biggest holiday sales drop in history at its namesake stores Getty Images Sears' same-store sales at its namesake chain dropped a staggering 18.1% — the worst drop in recent history — over the holiday period. The company said itexpects revenue to be $4.4 billion for the quarte...
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Warren Buffett's Berkshire Hathaway buys Teva, more Apple and dumps IBM Legendary investors sells off IBM        
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6 Ways to Be a Ruthless Cheapskate With Your Startup's Cash (and Why It's a Good Idea) For a startup CEO, stinginess is next to godliness.
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12 Really Bad Business Cliches People Still Use I know what you're thinking: Wait, only 12?
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Blankfein: Trump's economy is better than Hillary's would've been The economy is doing better under President Trump than it would have under a Hillary Clinton administration, Goldman Sachs Chief Executive Lloyd Blankfein, a staunch Hillary supporter, said on Wednesday. "I bet you the e...
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Amazon becomes third-most valuable company in the world It's a changing of the guard -- new tech leap-frogging old tech. Amazon stock surged 2.6 percent on Wednesday, allowing the company for the first time to close trading with a market cap more than that of Microsoft. Amazo...
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Chipotle stocks jump as investors cheer new CEO

New York Post - 15 Feb 2018 05:26
Chipotle stocks jump as investors cheer new CEO Chipotle Mexican Grill is having a moment -- a positive one for a change. After naming a new chief executive -- Brian Niccol, the former CEO of Taco Bell -- the burrito chain's shares rose 15 percent on Wednesday to $289...
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7 Tips For Growing Your Business Quickly and Sustainably 7 Tips For Growing Your Business Quickly andSustainably
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What Markets Tell Us About Jacob Zuma's Demise

Wall Street Journal - 15 Feb 2018 19:02
South Africa's rand has already performed strongly this year, while President Jacob Zuma's departure may help keep the country's bonds in an elite club that investors all but have to own.
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Tax cuts are still making homebuilders feel better, even as rates rise.
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New Survey Reveals the Top 3 Dangers to Your Small Business This new survey from Staples reveals the top three things that can put a small business under. Find out what they are and how to avoid them.
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Innovative insurers have a $375 billion opportunity

Business Insider - 15 Feb 2018 18:46
Innovative insurers have a $375 billion opportunity BI Intelligence This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. Major consultancy Accenture hasreleased the results of a studythat analyzed how ...
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Teens are swarming craft stores like Hobby Lobby for a viral photo challenge -- and employees hate it Twitter/_KelseyMaggart Teens are using craft store merchandise and displays to take artistic photos and post them on Twitter and Instagram. It's called the Hobby Lobby challenge, and it's gone viral. Some employees hate ...
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US factory output flat for 2nd straight month

USA Today - 15 Feb 2018 18:44
US factory output flat for 2nd straight month U.S. factory output was unchanged in January for the second straight month after three months of healthy gains.        
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McDonald's to make healthier Happy Meals

New York Post - 15 Feb 2018 18:36
McDonald's to make healthier Happy Meals McDonald's will soon banish cheeseburgers and chocolate milk from its Happy Meal menu in an effort to cut down on the calories, sodium, saturated fat and sugar that kids consume at its restaurants. Diners can still ask s...
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How Hedge Funds Found a New Tax Loophole: DealBook Briefing

The New York Times - 15 Feb 2018 18:30
How Hedge Funds Found a New Tax Loophole: DealBook Briefing The Treasury Department has been forced to close yet another Wall Street tax dodge -- one that emerged in the recent overhaul.
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Energy drives U.S. wholesale price up 0.4% in January U.S. wholesale prices rose 0.4% in January, the biggest increase since November, as a big jump in energy prices offset a small decline in the cost of food.        
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Markets fired up consumer spending and shopping. Will a drop douse the flames? Wealth effects from rising home and stock prices have fueled a third of consumer spending growth over the past year. A market drop could reverse that.        
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Bombardier reports 57% rise in profits

BBC - 15 Feb 2018 18:15
Bombardier reports 57% rise in profits The train and planemaker at the centre of a row between the US. the UK and Canada sees profits jump.
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