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Business News

Location American Business News for 24 March 2018
The Fed just raised interest rates -- here's how it happens and why it matters Mark Wilson/Getty; Samantha Lee/Business Insider The Federal Reserve on Wednesdayraised its benchmark interest ratefor the sixth time since late-2015. The Fed adjusts the interest rates that banks charge to borrow from o...
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Authorities say a 48-year-old man was killed in an accident at a home building site in northwest Colorado. Steamboat Today reports Eric Becker was struck by a piece of steel …
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Is a trade war scare a big deal?

USA Today - 24 Mar 2018 18:19
Is a trade war scare a big deal? Ken Fisher, founder and executive chairman of Fisher Investments, give his insights into the Trump tariffs and the potential for sending the economy into a downturn.        
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Sales began on Friday.
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Toy tycoon leads crowdfunding effort to save Toys R Us brand A budding campaign to buy Toys 'R' Us has hit a few bumps in the road, but its billionaire backer said he's just getting started. Toy tycoon Isaac Larian -- founder and chief executive of MGA Entertainment, maker of Litt...
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How Elon Musk's Stock Award Compares To Tim Cook's Elon Musk's stock award could be worth 46 times what Apple awarded Tim Cook. However, there are major milestones for Musk to receive the full value, while Cook only needs to be at Apple until August 2021.
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Big Banks Could Eventually Warm Up To Bitcoin And Ripple Ripple can be very valuable to banks.
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Facebook CEO Mark Zuckerberg lost $10 billion in wealth this week Facebook shares tumbled 14% in 5 days amid the scandal tied to Cambridge Analytica and the mishandling of people's private information.        
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Trade War Fears Deal U.S. Stock Market Its Worst Week in 2 Years Tech and banks have slumped hard
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Dropbox just went public and is now worth $20 billion -- now read the CEO's application for its first round of funding (DBX) Dropbox Dropbox went public on Friday, and is now worth $20 billion. In 2007, Houston was just trying to get his startup off the ground as a solo founder, and applied to the presitigous Y Combinator program for his first...
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Why Trump's latest steps heighten risk of a global trade war Risk of a US-China trade war raises fears and recalls memories of '80s clashes with Tokyo
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Murphy wants $2.1M to help immigrants with legal aid

Miami Herald - 24 Mar 2018 18:34
Poor immigrants facing deportation in New Jersey could get access to legal aid under a $2.1 million cash infusion in Democratic Gov. Phil Murphy's proposed budget. Murphy's proposed spending, which …
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Doctor Choices Will Narrow After Congress Denied Obamacare Funds Narrower doctor networks won't go away for Obamacare plans after Congress failed to include a stabilization package in its massive spending bill signed Friday by President Trump.
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How the founder of Edible Arrangements turned a fruit basket no one knew they wanted into a $600 million business Edible Arrangements Tariq Farid is the founder and CEO of Edible Arrangements. He immigrated to Connecticut from Pakistan in the 1980s, and opened his first flower shop with borrowed money at 17. He doubled down on fruit...
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Dick's faced boycott threats when it changed its gun policies -- but the majority of America agrees with the retailer (DKS) Reuters/Rick Wilking Dick's Sporting Goods faced backlash afterit changed its gun policies in the aftermath of the Parkland, Florida shooting. However, foot traffic actually increased in the two weeks after Dick's announ...
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In a Bold Move, Elon Musk Deleted The Tesla and SpaceX Facebook Pages--Here's Why That's Amazing It's never a dull day with Elon
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The most successful banks on Wall Street in 2017 (JPM, GS, C) Shutterstock/Alexey Lesik Data-analytics company Coalition has released the latest ranking of each key Wall Street business. JPMorgan once again reigned supreme on Wall Street in 2017,securing first place not just for ov...
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How Wall Street Got Tariffs So Wrong!

Forbes - 24 Mar 2018 17:21
How Wall Street Got Tariffs So Wrong! Wall Street saw what it wanted to believe when Trump launched Steel tariffs and walked them back. They were wrong and will continue to be wrong until they recognize the depth of the administrations conviction to fight un...
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Wisconsin researchers aim to help cranberry industry

Miami Herald - 24 Mar 2018 09:01
Cranberries are so entrenched in Wisconsin that there are significant research efforts under way in the state to support the industry. Last year, the Wisconsin Cranberry Research & Education Foundation, …
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Interactive Brokers Takes Top Spot in Online Broker Ranking In a year that focused on mobile trading enhancements and client experience, Interactive Brokers pushed Fidelity into second, with TD Ameritrade third.
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Uber is more vulnerable than ever after its fatal self-driving car crash -- but it could end up saving the company Darren Weaver A fatal accident involving a self-driving vehicle was inevitable, but Uber is not currently in a position to handle one. Last weekend's fatal, self-driving car crash could make cities less likely to trust t...
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Benefits of lobbying evident for small drugmaker

Miami Herald - 24 Mar 2018 08:42
Tucked in the massive congressional budget bill is a provision that props up the price Medicare pays for a handful of medications, costing taxpayers millions at a time when the …
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