Business News
2018 Energy Roundtable: Don't Give Up on Oil
Barron's - 24 Feb 2018 07:09
Our panelists see upward pressure on crude prices. Eight intriguing picks in the oil patch, including three MLPs.
China may be eager to sell Waldorf Astoria after seizing control
New York Post - 24 Feb 2018 07:23
The Chinese government just took control of the Waldorf Astoria -- but it doesn't seem to be interested in revamping the lobby or improving the room service. Industry insiders say Beijing looks eager to unload the Park A...
Bank and car rental giants are cutting ties with the NRA
USA Today - 24 Feb 2018 05:05
Companies being urged to cut ties with the gun rights group, advocating a NRA boycott. Veuer's Nick Cardona has that story.
Venezuelan Free Fall Would Give Oil a Pop
Barron's - 24 Feb 2018 05:56
More signs of economic hardship raise the odds that the country's oil output will drop further
An Advisor Takes Profits as the Bull's Charge Slows
Barron's - 24 Feb 2018 06:13
In the weeks before the volatility hit, Morgan Stanley's James Moriarity decided to slash stock positions by up to 15%. What he recommends now.
Airbnb Adds Hotels As It Tries To Shed 'Alternative' Travel Image
Forbes - 24 Feb 2018 18:00Wall Street looks for clues from tight-lipped new Fed chair
New York Post - 24 Feb 2018 07:03
The biggest riddle on Wall Street is about the man in the middle of it. Investors on Friday scrambled to interpret the first major report issued by Jerome Powell, the new head of the Federal Reserve -- and how high the c...
What Will It Take For Bitcoin To Replace The Dollar In Everyday Transactions
Forbes - 24 Feb 2018 06:21
60.3% of cryptocurrency holders see cryptocurrency volatility as the most important barrier of using cryptocurrencies in everyday transactions.
Renewed Stock Volatility Beckons Day Traders
Barron's - 24 Feb 2018 06:08
Where fledgling traders can learn and possibly get some funding. Plus more from Overstock.com, Merrill Edge, and E*Trade.
The community banker who got tangled up in the Russia probe
American Banker - 24 Feb 2018 02:08
Stephen Calk is in the national media glare because his small Chicago-based bank made two enormous loans to Paul Manafort, President Trump's onetime campaign manager and a key figure in the investigation into Russian med...
JPMorgan is building a new headquarters in New York City (JPM)
Business Insider - 24 Feb 2018 20:53
Getty/Andrew Burton JPMorgan Chase will start building a new headquarters next year that will house 15,000 employees. It will replace the current headquarters at 270 Park Avenue, which was built in the 1950s and designed...
Ken Livingstone could rejoin the Labour party as a full member
Business Insider - 24 Feb 2018 19:01
Carl Court/Getty Images Former London mayor Ken Livingstone may rejoin the Labour Party as a full member following his two-year suspension, The Observer reported on Saturday. The newspaper said that sources inside the La...
Investor Warren Buffett says good deals tough to find
Miami Herald - 24 Feb 2018 18:58
Investor Warren Buffett says the acquisition frenzy on Wall Street is making it hard for him to find deals at the right price, but his Berkshire Hathaway conglomerate recorded a …
Latest Mueller indictment could pose risks for banks
CBSNews - 24 Feb 2018 18:41
Recently filed federal charges against Paul Manafort could pose legal and regulatory risks for the banks that loaned him millions of dollars against his N.Y. real estate
Bank of America strategists shatter a widespread myth about interest rates and stocks after being bombarded with questions
Business Insider - 24 Feb 2018 18:34
Andrew Burton/Getty Images Stocks actually have a "weak and inconsistent correlation" with interest rates, according to Bank of America Merrill Lynch strategists. They've been receiving lots of questions from clients fol...
Warren Buffett lays out the 'gory details' of the 4 times Berkshire's stock suffered huge drops -- and his advice for surviving a market downturn
Business Insider - 24 Feb 2018 18:26
Reuters/Shannon Stapleton Warren Buffett laid out the four times Berkshire Hathaway shares got crushed. He says these big drops show why investors should never use borrowed money. Warren Buffett delivered his annual lett...
Berkshire Hathaway says tax law gives it $29B boost in 4Q
Miami Herald - 24 Feb 2018 18:20
Berkshire Hathaway's fourth-quarter profit more than quadrupled as it received a $29 billion boost from the new tax law that easily offset any weakness in the company's businesses. Berkshire said …
What correction? $6.3 trillion manager BlackRock just boosted its outlook on US stocks
Business Insider - 24 Feb 2018 18:15
Getty Images / Spencer Platt BlackRock raised its outlook on US stocks to overweight from neutral, citing the positive effect of fiscal stimulus on earnings growth. The firm notes the ratio of upward profit revisions for...
Workplace: 5 tips onhow to keep employee turnover low
USA Today - 24 Feb 2018 18:02
One core aspect of successfully running a business is keeping staff happy and motivated so that they continue to perform at effective levels.
Berkshire Hathaway Beats S&P 500 Again, Cites Tax Cuts For Windfall
Forbes - 24 Feb 2018 18:02
Thank you, President Trump? Warren Buffet says Berkshire Hathaway's 23% gain in book value is mostly due to the new tax code.
The Growing Corporate Backlash Against The NRA
TPM - 24 Feb 2018 17:58
NEW YORK (AP) -- The National Rifle Association is facing a corporate backlash as companies take a closer look at their investments, co-branding deals and other ties to the gun industry following the latest school massac...