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Business News

Location American Business News for 7 June 2018
China may escort Kim Jong-un with fighter jets when he flies to Singapore to meet Trump 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...
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A film memorabilia collection that cost $2,000 in 1998 is expected to go under the hammer for an eight-figure sum.
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Harvey Weinstein's contract gave him outs for harassment claims 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...
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Norway's Prime Minister doesn't understand why the UK would want 'the Norwegian model' post-Brexit 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...
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SEC still won't treat Bitcoin as a security

New York Post - 7 Jun 2018 04:40
SEC still won't treat Bitcoin as a security 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 ...
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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.
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Carl Icahn reportedly buys small stake in Allergan

New York Post - 7 Jun 2018 03:19
Carl Icahn reportedly buys small stake in Allergan 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...
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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...
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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.
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Cereal maker Post near deal to sell private-label division 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...
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Record Number Of Billionaires On Forbes South Korea Rich List 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.
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Coming Soon To A City Near You - $320 Billion In Economic Losses 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...
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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 …
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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 ...
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Starbucks raises its coffee prices 10-20 cents across the U.S. Starbucks prices for other drinks -- like lattes, iced coffee, Frappuccinos, iced tea, cold brews and Nitros, are unchanged at most stores.        
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Striking a balance is better in the long run.
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Commerce Department settles with China's ZTE for $1B fine 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...
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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.
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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.
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Sen. John Kennedy (R-LA) lambasted EPA Administrator Scott Pruitt on CNN Thursday morning, saying that the Trump official is "acting...
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How To Optimize Both Ends Of The Customer Experience

Retail Touch Points - 7 Jun 2018 14:46
How To Optimize Both Ends Of The Customer Experience "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...
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Beer More Popular Than Wine In 48 States, New Study Of Instagram Posts Shows Beer or wine? Which is the most talked about alcoholic beverage on Instagram?
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