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Business News

Location American Business News for 20 March 2018

Why Edward Thorp Owns Only Berkshire Hathaway

Barron's - 20 Mar 2018 18:12
Why Edward Thorp Owns Only Berkshire Hathaway The market is highly priced, says quant pioneer Thorp, who warns of a coming slowdown and--maybe--another severe correction.
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14 celebrity wax figures that went terribly wrong

Business Insider - 21 Mar 2018 00:03
14 celebrity wax figures that went terribly wrong Cindy Ord/Getty Images for Madame Tussauds and Frazer Harrison/Getty Images Celebrity wax figures take time, energy, and precision to create. So when the final product looks nothing like the star it's supposed to, it's d...
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The best mesh Wi-Fi systems you can buy

Business Insider - 20 Mar 2018 23:46
The best mesh Wi-Fi systems you can buy TheInsider Picksteam writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. The Insider Pick: Mesh Wi-Fi systems are the perfect way to ...
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Tesla execs fear company is producing flawed auto parts Some execs at Tesla, which is led by CEO Elon Musk, said last week that the company is manufacturing a high ratio of flawed auto parts. Meanwhile, Musk separately said he planned a Mars spaceship but warned that there wa...
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New Florida law will loosen small-dollar lending rules

American Banker - 20 Mar 2018 06:08
The legislation, signed Monday by Gov. Rick Scott, authorizes 60- to 90-day loans of up to $1,000. It makes Florida the first state to pass a law designed to blunt the impact of the CFPB's payday lending rule.
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Zuckerberg dumped a boatload of Facebook shares before stock nosedive Facebook chief executive Mark Zuckerberg saw his net worth decline by about $5 billion Monday, but it could have been worse. Ahead of Facebook's worst one-day decline since 2012, prompted by news that data affecting 51.3...
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See the Amusing Orkin Mini-Musical That Just Won the Top Student Award at the Andys A team from Brigham Young University's AdLab program snagged the top student prize at the Andy Awards this weekend with a three-minute musical number about battling pest infestations. The spec spot, "Pests Do Not Mess Wi...
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Lawyers battle over evidence in AT&T-Time Warner suit

New York Post - 20 Mar 2018 06:51
Lawyers battle over evidence in AT&T-Time Warner suit With the curtain rising on the Justice Department's suit to block AT&T's $85 billion acquisition of Time Warner, lawyers for both sides spent Monday arguing over what evidence should be allowed into the case. The Justice...
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National debt hits $21T for first time ever

New York Post - 20 Mar 2018 06:34
National debt hits $21T for first time ever Debt owed by the US hit $21 trillion last week. That's a $1 trillion rise since September. And the current increase doesn't include any debt caused by the recent Republican tax cuts. I suggest you apologize to your kids,...
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KB Toys planning comeback after demise of Toys R Us

New York Post - 20 Mar 2018 05:48
KB Toys planning comeback after demise of Toys R Us The defunct KB Toys brand is planning a comeback -- after nearly a decade in mothballs. Hoping to capitalize on the apparent demise of Toys R Us, the California company that bought the KB brand in 2016 is in talks with p...
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How to Empower Your Company's Internal Innovators If you're looking for ground-breaking ideas that'll send shockwaves through your industry, it's time to search within.
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Higher US Interest Rates Won't Cause Another Emerging Markets Financial Crisis Something is different about emerging markets this time around.
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11 people reveal why they stayed with a partner who cheated -- and you'll be surprised by how much you relate Netflix In most cases, infidelity — AKA cheating— generally signals a definitive end to a relationship. Whatever the reasons for the infidelity may be, it can be hard for many people to carry on with a relationship a...
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The 50 best audiobooks of all time

Business Insider - 20 Mar 2018 23:20
The 50 best audiobooks of all time Shutterstock If you love to read, but haven't had the time to sit down with a good book lately, consider listening to an audiobook. Today's audiobooks can be downloaded right to your phone, and make the perfect listening...
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Facebook tracks a scary number of details about you -- here's how to find out everything it knows REUTERS/Jonathan Ernst Facebook is back in the hot seat over revelations that data on millions of its users was taken and used by a company working for Donald Trump's presidential campaign and the Brexit vote. Specifical...
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People were asked to name women tech leaders. They said “Alexa” and “Siri” The tech industry has a persistent problem with gender inequality, particularly in its leadership ranks, and a new study from LivePerson underscores just how depressingly persistent it truly is. When the company asked a ...
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Publicis Groupe Takes a Hard Pivot Toward Consulting With 3-Year 'Sprint to the Future' Plan Before CEO and chairman Arthur Sadoun took the stage today in front of shareholders in London at Publicis Groupe's first investor day since 2013, the company unveiled its "2020: Sprint to the Future" plan, detailing the ...
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Box Office: Will 'Deadpool 2' Play In China This Summer? The first 'Deadpool' is finally premiering in China, but will 'Deadpool 2' play there this summer?
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Accounting gaffe surfaces at First Bancorp in Puerto Rico

American Banker - 20 Mar 2018 18:56
The San Juan company disclosed an error in the way it calculated the provision for losses in its commercial loan book.
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The Latest on the massive spending bill Congress must passed this week to avert another government shutdown (all times local): 10:45 a.m. House Speaker Paul Ryan says he's hoping bargainers …
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German neobank N26 gets closer to US expansion

Business Insider - 20 Mar 2018 18:45
German neobank N26 gets closer to US expansion BI Intelligence This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. Germany-based neobank N26has raiseda €110 million ($134 million) Series C fund...
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You are eligible for the PF interest even if your account has been inoperative You are also eligible for the interest earned on the PF, even though you account has not been operative for 3 years continuously, as the restriction of inoperative account not earning any interest was removed in April 20...
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