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Business News

Location American Business News for 21 March 2018
US stocks wobble as investors wait for Fed news on rates US stock indexes are mixed as investors expect the Federal Reserve will raise interest rates later in the day
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Can Investor Doubts Save AT&T?

Barron's - 21 Mar 2018 18:10
Can Investor Doubts Save AT&T? Investors have all but given up on old media. The cheap valuations could be AT&T's best argument when it tries to convince a federal judge to approve its Time Warner acquisition.
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BUENOS AIRES
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US existing-home sales climbed 3 percent in February US sales of existing homes rose 3 percent in February after declines the previous two months
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Steve Wynn looks to sell shares in former company

Miami Herald - 21 Mar 2018 18:46
Former Wynn Resorts CEO Steve Wynn plans to potentially sell all his stock in the casino-operator, a month after he resigned over sexual assault and harassment allegations. Wynn could potentially …
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Stocks wobble as investors wait for Fed news on interest rates U.S. stocks are mixed Wednesday morning as investors wait for news on interest rates from the Federal Reserve. The Fed is widely expected to raise rates, and investors will be watching closely for clues about how many mo...
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(Reuters) - U.S. stocks were little changed on Wednesday, ahead of an expected Federal Reserve interest rate hike, as weakness in Facebook's shares for a third day were countered by gains in energy stocks.
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How to Choose the Right Celebrity Endorser for Your Brand Some of the most iconic advertisements of our time have featured celebrities endorsing brands and products. "Mean" Joe Greene was famous for his hall of fame football career, but arguably as well known for his "Hey Kid, ...
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Nordstrom family fails again in bid to take company private The Nordstrom founding family has now failed twice to take the company private. Nordstrom on Tuesday said that the special committee of its board has terminated discussions with members of the Nordstrom family -- who inc...
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Zuckerberg and Sandberg silent amid Facebook scandal

New York Post - 21 Mar 2018 06:31
Zuckerberg and Sandberg silent amid Facebook scandal Regulators have launched a probe into Facebook's alleged misuse of private user data and investors continued to pummel the company's shares -- but Chief Executive Mark Zuckerberg remained quiet and out of public view on ...
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Toymaker says Toys 'R' Us was misleading about bankruptcy A Florida toymaker lashed out at Toys "R" Us management on Tuesday, saying the retailer's executives misled it about getting paid just to keep inventory levels high. "It was certainly ethical fraud and disgusting and des...
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The billionaire cofounder of WhatsApp, which Facebook acquired for $19 billion, just tweeted 'deletefacebook' (FB) REUTERS/Mike Blake WhatsApp cofounder Brian Acton jumped on the #deletefacebook trend Tuesday. The hashtag formed amidst claims that Facebook allowed data analytics company Cambridge Analytica to collect data from Facebo...
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Canadian heavy crude oil is facing a crisis

Business Insider - 21 Mar 2018 03:36
Canadian heavy crude oil is facing a crisis Thomson Reuters Western Canadian Select traded at a discount of $27 a barrel to Western Texas Intermediate. This is Canadian heavy crude oil's largest discount to WTI in six trading sessions. The drop comes after news of...
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Norwegian Air: Easy Times, Desperate Measures

Wall Street Journal - 21 Mar 2018 21:42
The long-haul airline disruptor has raised capital, but still looks financially precarious.
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Seattle's Riveter, Co-Working For Women, Raises $4.75M For Expansion Riveter, The Co-Working Spaces For Women, Have Raised $4.75M For Expansion We were around in the beginning, when WeWork was just expanding out of New York City. We knew they were onto something. Co-Working was already a ...
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Confusion over whether certain digital currency transactions are considered securities is shutting many U.S. investors out of initial coin offerings and spurring illegal behavior.
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Social networking giant's market valuation has plunged $52 billion since revelations of data misuse
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BMW's electric future; spending to hit record

USA Today - 21 Mar 2018 18:34
BMW's electric future; spending to hit record German carmaker BMW will increase research and development spending to an all-time high of up to 7 billion euros ($8.6 billion) this year as part of efforts to bring 25 electrified models to market by 2025. Ciara Lee rep...
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3 Men With Assault Rifle, Handgun and Machete Went Shopping at Walmart, Police Say The men shopped while openly carrying an assault rifle, a handgun and a machete
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Nordstrom ends buyout talks, and its stock falls

L.A. Times - 21 Mar 2018 18:25
Nordstrom ends buyout talks, and its stock falls Nordstrom Inc. shares fell early Wednesday after the department store operator ended buyout talks with family members of the company's founder. The company announced the end of talks late Tuesday, saying it couldn't get ...
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The Fed Has The 'Expert Blindness' Syndrome That Leads To Policy Errors In finance and investment, knowing which "expert" to trust is a big issue. The lethal mix of too much information and not enough knowledge is probably costing you money... and it might cost you even more.
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Comparing income taxes: How much you really need to earn to take home $100,000 To clear six figures in take-home cash, GOBankingRates determined the exact salary you'd need, weighing federal, state and local taxes plus withholdings. In Oregon, that comes out to $152,810; in Nevada and New Hampshire...
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