Business News
This 80-year-old department store is thriving while Macy's, JCPenney, and Sears close locations
Business Insider - 2 Jun 2018 16:20
Boyds Boyds is an upscale department store in downtown Philadelphia that has been run by the same family since 1938. The store, which has a team of 39 in-house tailors and pressers, is one of the last of its kind in the ...
Xerox may be stuck with Fujifilm deal
New York Post - 2 Jun 2018 04:17
Carl Icahn may be running out of options in his Xerox play. Fujifilm, the Japanese copier company that signed a deal to buy its US rival for $6.1 billion -- only to have Icahn push to scrap the deal -- quietly filed cour...
What a $1 million home looks like in 25 major American cities
Business Insider - 2 Jun 2018 16:10
Image from Trulia listing Million-dollar listings have become commonplace in the US real estate market. But when you compare the cost-per-square-foot for million-dollar listings across the country, you'll find very diffe...
Buffalo Wild Wings apologizes for crude Twitter posts, says account was hacked
USA Today - 2 Jun 2018 06:44
"We’re sorry that our fans had to see those awful posts, which obviously did not come from us," Buffalo Wilds Wings said about its Twitter posts.
Trump says he wouldn't mind replacing NAFTA with 2 deals
Miami Herald - 2 Jun 2018 05:32
President Donald Trump on Friday floated the idea of replacing the North American Free Trade Agreement with two separate trade deals -- one with Canada and one with Mexico -- …
Florida's largest nursing home chain survives despite legacy of poor care
USA Today - 2 Jun 2018 03:17U.S. Non-Farm Payrolls Live Up To 'Trump's Billing', But Don't Discount 4 Fed Hikes
Forbes - 2 Jun 2018 02:48
The latest U.S. non-farm payroll jobs numbers lived up to President Trump's billing via Twitter today, with the unemployment rate at 3.8% and the Dow Jones Industrial Average rising almost 1%. But how many more times wil...
Lincoln National Is a Bargain as Annuity Sales Rebound
Barron's - 2 Jun 2018 02:00
Insurer Lincoln National is poised to capitalize on increased sales of variable annuities.
Crypto Investment Trusts Can Trade Like Stocks
Barron's - 2 Jun 2018 02:00
The vehicles represent stakes in digital coins, but trade at enormous premiums to their underlying net asset values.
US employers keep on hiring despite growing trade concerns
ABC News - 2 Jun 2018 16:20
US unemployment rate falls to 18-year low, defying fears of trade war
Box Office: 'Solo: A Star Wars Story' Plunges 77% For $8M Friday
Forbes - 2 Jun 2018 16:05
Alas, it's goodbye, 'Solo,' as the 'Star Wars' prequel failed to make a post-debut rebound.
The most disproportionately high-paying job in every state
Business Insider - 2 Jun 2018 15:29
Sarah Jacobs/Business Insider Some jobs are paid better in one part of the US than in other parts. Using data from the Bureau of Labor Statistics, we found the job in each state that pays the highest relative to the typi...
Flipkart to focus on scale, growth in near term: Binny Bansal
livemint.com - 2 Jun 2018 06:55
Group CEO Binny Bansal says there is a clear meeting of minds with Walmart, in a way that the US firm wants Flipkart to focus on expanding the market and signing on more new customers
Mormons grapple with race decades after ban on black leaders
Miami Herald - 2 Jun 2018 06:10
The Mormon church on Friday celebrated the 40th anniversary of reversing its ban on black people serving in the lay priesthood, going on missions or getting married in temples, rekindling …
From distillers to farmers, trade war would cause casualties
Miami Herald - 2 Jun 2018 06:06
If a trade war is coming, the cheesemakers of Wisconsin are standing in the line of fire. So are the farmers of the Great Plains and the distillers of Kentucky. …
US unemployment hits an 18-year low despite trade concerns
News Observer - 2 Jun 2018 06:05
Defying fears of a global trade war, U.S. businesses have made it abundantly clear that they see no reason to stop hiring. Employers added a robust 233,000 jobs in May, …
From distillers to farmers, trade war would cause casualties
ABC News - 2 Jun 2018 06:05
From distillers to cheesemakers, trade wars would leave casualties
Illinois pension buyouts may not bring savings budget claims
Miami Herald - 2 Jun 2018 05:53
Illinois' new state budget relies on more than $400 million in savings from a new pension buyout plan that finance experts caution is highly speculative and may not save as …
The Latest: Price of lunch with Warren Buffett is $3.3M
Miami Herald - 2 Jun 2018 05:32
The Latest on the winning bid for a lunch with investor Warren Buffett (all times local): 10:30 p.m. An anonymous bidder has offered more than $3.3 million to win a …
Trump meets with families affected by the Santa Fe high-school shooting that killed 10 people in Texas
Business Insider - 2 Jun 2018 05:01
Evan Vucci/AP President Donald Trump spent over an hour speaking privately with some of those impacted by the Santa Fe High School shooting that killed 10 and wounded more than a dozen on May 18. Trump met with more than...
Athleisure brand Bandier to open NoHo store with fitness studio
New York Post - 2 Jun 2018 04:25
One of the boldest real estate deals in the Big Apple was recently inked by an athleisure shop that made a name for itself selling $300 leggings in tony Southampton, LI. In August, 5-year-old Bandier is opening a massive...
Dow Shows Nerves of Steel Amid Trade Tensions
Barron's - 2 Jun 2018 03:01
The week was filled with events that, in the moment, looked like major game-changers. The market showed surprising resilience.