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Business News

Location American Business News for 23 March 2018
What The U.S. Navy's Supercarriers Give America That No Other Nation Has Large-deck, nuclear-powered supercarriers like the new Ford class deliver unique operational advantages to America's military.
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Wayne Huizenga, Blockbuster and Miami Dolphins owner, dies at 80 Huizenga, who began as a garbage hauler, eventually owned the largest trash company in the world. He was also founding owner of baseball's Florida Marlins and the NHL Florida Panthers.
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Viacom's Hidden Charms May Tempt CBS

Wall Street Journal - 23 Mar 2018 18:51
As CBS weighs making an offer, it may discover more value than it did last time round.
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Steve Wynn Agrees to Sell Entire Stake in His Casino Company

The New York Times - 23 Mar 2018 06:47
Steve Wynn Agrees to Sell Entire Stake in His Casino Company Mr. Wynn, who resigned as chief executive last month after sexual misconduct claims from women who had worked for him, sold his remaining shares in Wynn Resorts.
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Nike Rides Out its #MeToo Moment

Wall Street Journal - 23 Mar 2018 19:17
Nike has bounced back from some sizeable scandals, so it isn't surprising that the company has gotten ahead of the problem of alleged inappropriate behavior by top executives.
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What Boeing Has to Lose in a U.S.-China Trade War

Wall Street Journal - 23 Mar 2018 21:51
Boeing has become an unofficial proxy for fears about an escalating U.S.-China trade war. Investors are right to be worried.
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Mueller just scored a massive win in the Russia investigation Alex Wong/Getty Images Defense attorney John Dowd was the biggest roadblock standing in the way of an interview between President Donald Trump and special counsel Robert Mueller. Dowd's resignation on Thursday likely ind...
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Here's why a modern torpedo sinks a ship with one hit

Business Insider - 23 Mar 2018 21:21
Here's why a modern torpedo sinks a ship with one hit Daniel Brown/Business Insider In World War II, torpedos did the most damage by directly hitting the targeted ship, punching a hole in the hull and capsizing it. This was a problem — as defensive anti-aircraft capabilit...
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Warren Buffett Says You Should Ask This 1 Question to Become the Best Version of Yourself The Oracle of Omaha recently shared some of his best advice for becoming the best version of yourself with a group of 20 students from China.
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How To Write A Job Posting People Actually Want To Apply To Chances are your job descriptions are fossils from back when people faxed in their applications. Let’s fix that. Most job descriptions suck. And the reason they suck is, in a sense, archaeological: Job postings tend t...
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BEIJING/SHANGHAI
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China may hike tariffs on US pork, aluminum, other goods China has announced a $3 billion list of U.S. goods including pork and aluminum pipe it says may be hit by higher tariffs in response to President Donald Trump's higher import duties on steel and aluminum
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Saudi Arabia's Crown Prince is set to meet with Wall Street executives Saudi Press Agency via AP Saudi Arabia’s Crown Prince will meet with top figures from Wall Street and corporate America next week. Mohammed bin Salman will take part in the 2018 Saudi US-CEO Forum and will host a gala ...
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Zuckerberg's apology was not enough for Wall Street

New York Post - 23 Mar 2018 06:34
Zuckerberg's apology was not enough for Wall Street Mark Zuckerberg's words did little to soothe anxious shareholders. The Facebook chief executive last Wednesday finally addressed the social network's Cambridge Analytica scandal -- but his "very sorry" mea culpa couldn't...
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The world's largest oil trader is changing its strategy

Business Insider - 23 Mar 2018 05:46
The world's largest oil trader is changing its strategy Joe Raedle/Getty Images Vitol, the world's largest oil trader, is talking with Abu Dhabi, Bahrain, and Kuwait. Ian Taylor, former Vitol CEO, is still the chairman, and is helping run negotiations. The news is part of a c...
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These are the largest companies in each state by revenue

Business Insider - 23 Mar 2018 04:11
These are the largest companies in each state by revenue howmuch.net Pretty much every state has at least one workhorse company that posts a revenue number in the billions. In a state like California or Texas, these companies tend to be gargantuan in size even from a national ...
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Toys R Us says liquidation sale likely to start Friday Toys R Us cited "unforeseen circumstances" as the reason that wouldn't post deep liquidation discounts        
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Graham unveils Senate measure to repeal CFPB payday rule

American Banker - 24 Mar 2018 01:08
The congressional resolution to overturn the payday regulation comes as acting CFPB Director Mick Mulvaney has already said the agency will reconsider the rule internally.
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A passenger who was bumped off a full flight has scored the maximum prize -- a $10,000 travel voucher. A spokesman for United Airlines confirmed Friday that a passenger got …
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Hoodline - March 23 - Miami …
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This $118 Million Electric Scooter Company Created a Phenomenon in Los Angeles and Now Wants to Take Over the World Travis VanderZanden, a former Uber executive, launched electric scooter company Bird seven months ago and is preparing to expand its popular rentable scooters to 50 markets this year.
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How To Play The Coming Acquisitions Boom

Forbes - 23 Mar 2018 20:13
How To Play The Coming Acquisitions Boom As interest rates rise, CEOs need to grow their businesses to earn big incentive bonuses. The easiest way to create growth is through acquisitions. Here are 2 ways to play the coming acquisitions boom.
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