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Business News

Location American Business News for 26 March 2018

MUFG's big U.S. expansion is just getting started

American Banker - 27 Mar 2018 01:08
The holding company for Union Bank -- itself a unit of the Japanese giant Mitsubishi UFJ Financial Group -- is on a mission to double its size and become one of the nation's 10 largest banks. Under Steve Cummings, its fi...
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WASHINGTON
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Remington Files For Chapter 11 Bankruptcy Amid Mounting Pressure For More Gun Control The company listed assets in the range of $500 million to $1 billion and liabilities in the range of $500 million and $1 billion.
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Good Luck Trying to Beat This Market

Barron's - 26 Mar 2018 16:45
Good Luck Trying to Beat This Market It doesn't matter whether stocks are rising or falling--there's no easy time to be a stockpicker.
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Asian stocks fall for 3rd day on US-China trade tensions Asian stocks have fallen for a third day on mounting fears about U.S.-Chinese trade tensions
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Problems Initial Coin Offerings Cause Startups and Companies In Taxes & Accounting Problems Initial Coin Offerings Cause Startups and Companies In Taxes & Accounting
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Under Duterte, Philippines Enjoying An Investment Boom, But Don't Thank China The bulk of investments under Philippine President Rodrigo Duterte have come from traditional allies, namely the United States, Japan and Europe. Mainland China is yet to make a major dent on the country's overall invest...
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Mobile Wallets And Tech-Savvy Youth Driving E-Commerce Growth In Vietnam Vietnam shows strong growth potential in e-commerce, thanks to rising internet penetration, a growing economy, and mobile wallet adoption.
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Swedish Pension Fished for Value in GE, Facebook AP2 bought GE and Facebook in the fourth quarter, when it sold shares of AT&T, Verizon and DowDuPont.
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Indiana mutual to raise $22M from second-step conversion

American Banker - 26 Mar 2018 18:57
Mid-Southern Bancorp could use proceeds to make more loans or to pursue acquisitions.
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Three numbers show that a trade war is less likely

Market Watch - 26 Mar 2018 18:54
Proposed tariffs, so far, affect only a small amount of goods, says Nigam Arora.
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5 Cryptocurrency Experts To Follow On Social Media Who to follow in the blockchain world.
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Walmart is looking to innovate in-store (WMT)

Business Insider - 26 Mar 2018 18:44
Walmart is looking to innovate in-store (WMT) BI Intelligence This story was delivered to BI Intelligence "E-Commerce Briefing" subscribers hours before appearing on Business Insider. To be the first to know, please click here. Walmart has filed a number of patents ...
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JOHANNESBURG
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What Warren Buffett Gets Wrong About Leadership Great managers really can create great companies.
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Stocks rise sharply as trade war fears ease; the Dow jumps more than 400 points U.S. stocks rose sharply in early trading Monday as the market made up some of its huge losses from last week. The broad gains sent the Dow Jones industrial average up more than 400 points; last week, the Dow sank more t...
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Inside Goldman Sachs' plan to move dealmaking beyond Wall Street and Silicon Valley Luciano Mortula/Shutterstock David Dase knew moving to Atlanta wouldn't be easy. The Goldman Sachs partner had spent much of his nearly 25 years at the firm orchestrating deals in the US's busiest financial hubs — New ...
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Broker TD Ameritrade suffers system-wide outage

USA Today - 26 Mar 2018 18:22
Broker TD Ameritrade suffers system-wide outage News about the outage emerged about an hour before U.S. stocks opened for trading. The company said via its Twitter account that it had not been hacked and it was is working to resolve the issue soon, but did not give ad...
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DPD improves workers' rights after driver's death The delivery firm makes the changes after work pressures are blamed for the death of one of its drivers.
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Did 'The Walking Dead' Really Just Give Tara Rick's Huge Moment? The Walking Dead made yet another major left turn last night, ruining a few theories and giving a larger spotlight to Tara.
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Two Tips Every Investor Could Learn From Warren Buffet Buffett does not spend time building price models, or looking at charts, or studying sentiment precedents. In his opinion, that is not the way to make great longer-term investments.
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U.S. stocks rose sharply in early trading Monday as the market made up some of its huge losses from last week. The broad gains sent the Dow Jones industrial average …
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