Business News
China may escort Kim Jong-un with fighter jets when he flies to Singapore to meet Trump
Business Insider - 7 Jun 2018 17:01
KCNA/Reuters China could send fighter jets to escort Kim Jong-un when North Korea’s Air Force One travels through its airspace for a meeting in Singapore with US President Donald Trump. “If China does provide the esc...
Movie poster ads that were made in Omaha could fetch $15 million at auction. Will the Buffett family bid?
Market Watch - 7 Jun 2018 17:11
A film memorabilia collection that cost $2,000 in 1998 is expected to go under the hammer for an eight-figure sum.
Harvey Weinstein's contract gave him outs for harassment claims
New York Post - 7 Jun 2018 04:40
The Weinstein Co. lawyer fought to keep the employment contract of studio co-founder Harvey Weinstein under wraps, but Karin DeMasi lost her bid and predicted that its release would "create a media sideshow." Davida Perr...
Norway's Prime Minister doesn't understand why the UK would want 'the Norwegian model' post-Brexit
Business Insider - 7 Jun 2018 16:45
NTB Scanpix/Vegard Wivestad Groett/ via REUTERS Norway's PM, Erna Solberg, can't see why Britain wants a soft Brexit. Her country is a member of the European Economic Area but not the EU. Norway has to comply with Europe...
SEC still won't treat Bitcoin as a security
New York Post - 7 Jun 2018 04:40
Securities and Exchange Commission Chairman Jay Clayton said Wednesday that the agency would continue its regulatory stance of not treating bitcoin as a security. "We've been doing this a long time -- there's no need to ...
Using Design Thinking to Help Nonprofits Fundraise
Harvard Business Review - 7 Jun 2018 16:15
Instead of finding more sources of money, redesign your best one.
Carl Icahn reportedly buys small stake in Allergan
New York Post - 7 Jun 2018 03:19
Carl Icahn has built a small position in Allergan, according to a report. The size of his investment remains unclear, said sources according to Bloomberg. Icahn had a stake in Allergan in 2016, but sold it in 2017. Aller...
Eon Foundation raises $5 million for blockchain game publishing
Venture Beat - 7 Jun 2018 17:00
Eon Foundation has raised $5 million for its blockchain game publishing business. In doing so, the Palo Alto, California, and Singapore company hopes to disrupt traditional game publishing through the new technologies of...
Economic Report: The gig economy is actually smaller than it used to be, Labor Department says
Market Watch - 7 Jun 2018 16:56
The so-called gig economy is actually slightly smaller than it used to be, according to a new Labor Department report released Thursday that chronicles the jobs market in the age of Uber.
Cereal maker Post near deal to sell private-label division
New York Post - 7 Jun 2018 16:38
Post, the maker of Raisin Bran and Grape Nuts breakfast cereals, is close to a deal to sell its private-label food business, The Post has learned. Post Holdings could receive more than $1 billion for the unit, which make...
Record Number Of Billionaires On Forbes South Korea Rich List
Forbes - 7 Jun 2018 04:03
The 2018 Forbes South Korea Rich List saw a record number of billionaires. There are now 45 billionaires on this year's list, up from 38 a year ago.
Coming Soon To A City Near You - $320 Billion In Economic Losses
Forbes - 7 Jun 2018 04:02
The Lloyd's City Risk Index highlights man-made and natural threats to 279 cities around the world comprising nearly half of the world's GDP. The study shows an average annual GDP at risk of $320 billion, making 2017 the...
Brightline names new CFO. It also is seeking new investors.
Miami Herald - 7 Jun 2018 19:34
Brightline is getting a new chief financial officer. It is the latest in a series of executive changes from a company launching the country's only private high-speed rail network. In …
Supercell invests $5 million in U.S. indie studio Redemption Games
Venture Beat - 7 Jun 2018 17:01
Supercell's indie studio investment spree continues today with a $5 million bet on mobile game studio Redemption Games. The Carlsbad, California-based studio deal represents Helsinki-based Supercell’s first investment ...
Starbucks raises its coffee prices 10-20 cents across the U.S.
USA Today - 7 Jun 2018 16:52
Starbucks prices for other drinks -- like lattes, iced coffee, Frappuccinos, iced tea, cold brews and Nitros, are unchanged at most stores.
Should I pay off student debt before saving for retirement? Not exactly
Market Watch - 7 Jun 2018 16:51
Striking a balance is better in the long run.
Commerce Department settles with China's ZTE for $1B fine
New York Post - 7 Jun 2018 16:51
The United States and China have reached a deal that allows the Chinese telecommunications giant ZTE Corp. to stay in business in exchange for paying an additional $1 billion in fines and agreeing to let US regulators mo...
US homeowners are $1 trillion wealthier
CNBC - 7 Jun 2018 16:42
Rising housing prices are making homeowners wealthier and bringing thousands up from underwater on their mortgages.
The Trump Administration Is Driving Away Immigrant Entrepreneurs
The Atlantic - 7 Jun 2018 16:40
Foreign-born founders start a huge number of the U.S.'s most lucrative businesses. But new government policies are making it harder for them to stay.
GOP Sen. Kennedy: Scott Pruitt Is 'Acting Like A Moron'
TPM - 7 Jun 2018 16:20
Sen. John Kennedy (R-LA) lambasted EPA Administrator Scott Pruitt on CNN Thursday morning, saying that the Trump official is "acting...
How To Optimize Both Ends Of The Customer Experience
Retail Touch Points - 7 Jun 2018 14:46
"Who here is afraid of Amazon eating up their business?" the keynote speaker asked. Most of the merchants in the room raised their hands. You see, I was in the ballroom of the Hyatt Regency, La Jolla, attending MivaCon f...
Beer More Popular Than Wine In 48 States, New Study Of Instagram Posts Shows
Forbes - 7 Jun 2018 14:29
Beer or wine? Which is the most talked about alcoholic beverage on Instagram?