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Business News

Location American Business News for 20 May 2018
America's only significant state fishery for baby eels has blown past records for value as high demand from overseas aquaculture companies is driving prices to new heights. Fishermen in Maine …
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An investment chief at a trillion-dollar firm has a wake-up call for anyone who's bullish Screengrab/YouTube Northern Trust Wealth Management recently downgraded its forecasts for the US economy. The investor doesn't expect a recession but says the benefits of tax reform will likely be front-end loaded and ma...
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Iowa students get career experience before college

Miami Herald - 20 May 2018 07:01
So far this semester, Adrianna Schroeder has observed a bladder tumor removal, two knee replacements and two tonsil removals. Shadowing surgeries at UnityPoint Health-Finley Hospital has given the Wahlert Catholic …
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US banks want to restart risky proprietary trading

New York Post - 20 May 2018 04:28
US banks want to restart risky proprietary trading Willie Sutton was right. US banks are rolling in so much dough they are begging regulators to let them return to the days of risky proprietary trading -- all the while stiffing their interest-starved customers, critics s...
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Strong earnings give retailers new hope

New York Post - 20 May 2018 04:12
Strong earnings give retailers new hope Last week's good earnings report from Macy's appeared to jump-start the beleaguered retail sector. The resurgence in retail stocks also followed the Census Bureau's report of a 0.3 percent increase in April retail sales ...
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The CBI just made a major intervention to keep Britain in a customs union after Brexit Reuters Britain's largest business group, the CBI, makes a major intervention in the Brexit debate. The group argues that Britain should remain a customs union with the EU "unless and until an alternative is ready and wo...
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5 Tips For Building An International Business On A Budget It's now possible to run an international business, even as a cash-strapped startup. But, doing business can be fraught with challenges, from differences in communication to perceptions of time. Learn five easy tips to m...
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WASHINGTON
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Treasury Secretary Steven Mnuchin says efforts to renegotiate a trade agreement with Canada and Mexico could spill into next year. The Trump administration missed an informal deadline last Thursday that …
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The charts suggest retail stocks are a buy

Business Insider - 20 May 2018 15:46
The charts suggest retail stocks are a buy Oli Scarff/Getty Images Retail as we know it may not be dead. Buying these stocks when they pullback periodically might be a good strategy. Last summer I wrote a pretty controversial post about the fact that everyone jus...
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The 5 Best Dividend Aristocrats For The Next 25 Years Have you always wanted to buy a safe stock like Coca-Cola and get rich from it like Warren Buffett?
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GOLDMAN SACHS: Buy these 13 stocks for their explosive sales growth as market-wide profits dry up Reuters / Steve Nesius Investors had a surprisingly sour reaction to first-quarter earnings results, even though the majority exceeded analyst forecasts. That doesn't bode well for the future of equities as traders begin...
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Medicaid Expansion Ballot Measures Could Aid 4.5M Eligible For Coverage If 19 states expanded Medicaid, 4.5 million more people would have health coverage in 2019, the Urban Institute says.
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Stocks are 'coiling for a break higher'

Business Insider - 20 May 2018 14:13
Stocks are 'coiling for a break higher' Reuters/Paulo Santos The S&P 500 has formed a bullish triangle pattern that's setting it up for a break higher, according to David Sneddon, Credit Suisse's global head of technical analysis. The index's recent sideways t...
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Why your grocery bill is so high -- and how to lower it Too often "we all need to eat" becomes an excuse for spending more than we need to.
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Fashion's Woman Problem

The New York Times - 20 May 2018 09:00
Fashion's Woman Problem Why is it that an industry aimed at women and buoyed by female dollars is still run mostly by men? A new study tries to find out.
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The welcome mat is out for children with autism and it's in the form of bags filled with items to calm the children, a specially designed story time and a …
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Kenny Calliham sat alone in the dark of a prison cubicle when it finally hit him: He couldn't live like that anymore. He needed something different, something better. The Houston …
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Oklahoma works to keep cellphones out of prisons

Miami Herald - 20 May 2018 07:01
After complaining for years about the problem of cellphones in prisons, corrections officials in South Carolina said the inevitable finally happened. On April 15, large groups of inmates at the …
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Sports betting may not be all that good for New Jersey

New York Post - 20 May 2018 04:18
Sports betting may not be all that good for New Jersey New Jersey won its wager in getting the Supreme Court to overturn the ban on sports betting, but this isn't necessarily a good thing for the state. Jersey has had financial problems for a long time, and this gamble to tr...
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Vodafone tax dispute: Arbitration panel to begin hearing in February 2019 While Vodafone is supposed to file its response to the government objection by July, India will respond by December
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Suzuki, Toyota may decide on tie-up by end of 2018-19 The Suzuki-Toyota tie-up in India relates specifically to exchanging, rebadging and selling each others' cars in the country
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