Business News
Apple racing to $1 trillion in market value
USA Today - 18 May 2018 01:31
Apple is racing to become the first publicly traded stock to attain a market value of $1 trillion.
A Dell Deal That Could Please Major Stakeholders
Barron's - 18 May 2018 00:15
Holders of the Dell tracking shares lay out a reverse-merger scenario that while complex could work.
John Deere Selects EP+Co as Agency of Record After a Review
AdWeek - 18 May 2018 17:56
John Deere named South Carolina agency EP+Co (formerly Erwin Penland) as advertising agency of record for its consumer equipment business, following a review led by Hasan & Co. Incumbent GSD&M won creative and media agen...
Carl Icahn slams AmTrust board for trying to go private
New York Post - 18 May 2018 04:50
Carl Icahn is rushing to keep a New York insurance holding company from going private. The billionaire investor fired off a letter to the board of AmTrust Financial Services Thursday, blasting the firm for pursuing an "o...
Fannie Mae advocacy ban doesn't stop lawyer from pushing views
American Banker - 18 May 2018 17:17
For nearly a decade, the FHFA has restricted Fannie Mae and Freddie Mac from trying to influence the raging debate over whether they should live or die.
Trade pact: U.S. and U.K. savings banks share tips, challenges
American Banker - 18 May 2018 17:17
Call it mutual respect. Bankers from mutually owned British building societies and similarly structured U.S. thrifts recently gathered in New England to address common challenges and share ideas about staying relevant at...
Australian chain Smiggle laughs all the way to the bank after UK expansion
The Guardian - 18 May 2018 16:57
Stationery retailer with sights on kids' pocket money has pursued an aggressive store-opening plan "I was in Smiggle and my mum said 'I wish there were some chairs' but other than that Smiggle is amazing," is the profess...
2 buses collide in Lincoln Tunnel, injuring at least 32
Miami Herald - 18 May 2018 16:55
Fire officials say two buses have collided in the Lincoln Tunnel, injuring at least 32 people. FDNY says the accident happened around 10 a.m. in the center tube of the …
Facebook's IPO was 6 years ago today -- here's how much you'd have made if you invested $1,000 back in the day
Business Insider - 18 May 2018 16:39
Facebook Facebook held its initial public offering on May 18, 2012 — six years ago Friday. $1,000 of stock bought at the closing price on that day would be worth almost $4,800 today. It's the sixth anniversary of Faceb...
GOP farm bill with work rules heads toward showdown vote
Miami Herald - 18 May 2018 17:14
The House pressed ahead Friday toward a showdown vote on a bill that combines stricter work and job training requirements for food stamp recipients with a renewal of farm subsidies …
Starbucks will open new store every 15 hours in China
New York Post - 18 May 2018 17:11
While Starbucks might seem like a staple in US, the Seattle-based coffee chain is about to become even more popular abroad, as the company just announced it plans to nearly double the number of stores in China over the n...
Arkansas child-care voucher list gets help with $26M grant
Miami Herald - 18 May 2018 17:01
A new $26 million federal grant is expected to take thousands of low-income children in Arkansas off of a waiting list for child-care vouchers. The Arkansas Democrat-Gazette reports that Gov. …
Brazil club donates $3,000 to Venezuelan hotel staffers
Miami Herald - 18 May 2018 16:55
A Brazil club has donated $3,000 to hotel staffers in Venezuela before their Copa Libertadores match because of the economic crisis in the country. Corinthians shared a video on its …
China's $116B Cross-Border Market Shows Sustained Potential For Grocery, Beauty, Healthcare Brands
Forbes - 18 May 2018 16:54
Chinese shoppers continue to flock to Western brands--but they are not just seeking aspirational names in fashion and technology. Millions of China's shoppers are turning to online marketplaces to buy everyday items such...
Walmart reports strong quarter, but stock prices dip
New York Post - 18 May 2018 03:36
Despite turning in a strong quarter, Walmart wasn't getting the benefit of the doubt from Wall Street. The better-than-expected results from the largest retailer were marred by slightly lower comparable sales -- 2.1 perc...
The future of blockchain solutions and technologies
Business Insider - 18 May 2018 02:04
BII This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here. Nearly every global bank is exper...
Meet The Refugee Sisters Behind Some Of Hollywood's Most Exclusive Parties
Forbes - 18 May 2018 17:47
MVD Inc co-founder and principal Miatta David Johnson explains the business of creative marketing in Hollywood--plus what it's like to plan a party for Kayne West.
Companies are hiring Meghan Markle look-alikes for thousands of dollars
Business Insider - 18 May 2018 17:28
Toby Melville/Reuters Talent agencies in the US and the UK say Meghan Markle look-alikes are in high demand. The first step to being hired by a talent agency as a Markle lookalike is to submit a photo. The next step is g...
How Millennials Are Changing The Way We View Leadership
Forbes - 18 May 2018 17:05
Millennials are already become a major influence shaping the future of work. How will leadership change with this new generation taking the helm?
WPP investor backs chairman over unpublished Martin Sorrell report
The Guardian - 18 May 2018 16:57
Revolt expected at marketing and advertising giant's annual shareholder meeting in June WPP's largest shareholder has backed the chairman Roberto Quarta's decision not to reveal the outcome of an investigation into the c...
Verizon just announced Los Angeles will be the second city to receive 5G
Business Insider - 18 May 2018 16:56
This story was delivered to Business Insider Intelligence Apps and Platforms Briefingsubscribers hours before appearing on Business Insider. To be the first to know, please click here. Verizon plans to roll out 5G wirele...
Housing prices are soaring in America -- here's where they've climbed the most since the housing crisis
Business Insider - 18 May 2018 16:33
REUTERS/Mike Segar The average home value has risen 16% since the 2008 housing crisis. Prices have risen by as much as 75% in the hottest markets. Data from Sharestates show San Francisco, Austin, and Boston have seen th...