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Business News

Location American Business News for 8 June 2018

UPS and Teamsters might have a strike looming (UPS)

Business Insider - 8 Jun 2018 16:57
UPS and Teamsters might have a strike looming (UPS) This story was delivered to Business Insider Intelligence Transportation & Logistics Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here. More than 90% of Teamste...
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USAA sues Wells Fargo over remote-deposit patents

American Banker - 8 Jun 2018 21:08
When asked if other banks were being sued, USAA said the lawsuit names only Wells Fargo because the bank is one of the biggest adopters of remote mobile deposit capture and has failed to license the technology.
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The Best Way To Bet $100 At The 2018 Belmont Stakes With a Triple Crown title on the line, it's hard to bet against Derby and Preakness winner Justify. But if you want to win some money, you may have to do just that.
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Trial date set for showdown between CBS and Redstone

New York Post - 8 Jun 2018 04:51
Trial date set for showdown between CBS and Redstone The legal fight between CBS and controlling shareholder National Amusements Inc. now has a trial date: Oct. 3 in Delaware Chancery Court. CBS, led by Les Moonves, has also rescheduled its annual meeting, which will take ...
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Gold isn't an effective equity hedge right now

Business Insider - 8 Jun 2018 03:04
Gold isn't an effective equity hedge right now Stocks are producing lower returns with higher volatility. Hedges like bonds and gold have become less reliable. Gold has been better than bonds but also a drag on stock returns. One of the many ways this year differs fr...
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US tariffs on Mexico and Canada would hurt the entire North American auto industry The automobile industry has been a focus as the Trump administration rolls out tariffs on Mexico and Canada. Canada and Mexico are the top two US exporters of vehicles to the United States. The entire North American auto...
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Developing technology in-house and then licensing it is one way a small bank can build a reputation as an innovator.
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The Potential UPS Strike Is Evidence Of Labor's Growing Confidence It's said that the strongest protection for any worker is not his/her membership in a union or protectionist government regulation, but a growing economy that makes his/her threat to quit credible.
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I tried the fancy 'ruby chocolate' that's become a food phenomenon -- here's what it's actually like Fortnum and Mason I taste-tested Fortnum and Mason's Ruby Chocolate Bar, which launched in April. The wrapper was fancy, and the chocolate bar itself was pink. I rated Ruby Chocolate 5/10 because it just tasted like a st...
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LA MALBAIE, Quebec
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The Air Force is cutting 72 jobs from its base in Colorado Springs as the service's computer warfare efforts will no longer be overseen by the Air Force Space Command. …
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An Oil Auction Provides Brazil a Needed Boost

The New York Times - 8 Jun 2018 02:35
An Oil Auction Provides Brazil a Needed Boost Global oil companies see a promising future in Brazil's offshore fields, setting the country apart from the rest of the world.
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How the Gig Economy Is Reshaping Work: Not So Much

The New York Times - 8 Jun 2018 02:35
How the Gig Economy Is Reshaping Work: Not So Much Defying expectations, the first official survey of "alternative work arrangements" since 2005 shows that nontraditional employment has become less common.
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QUEBEC CITY
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The indicator that heralds impending US recessions is starting to flash -- but one huge factor is different this time AP The US yield curve is flattening, driven by ongoing rate hikes from the US Federal Reserve. The current spread between US two- and 10-year bond yields is around 40 basis points, and could turn negative in the not-too-...
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Activist investors back plan for companies to limit quarterly guidance The recently launched effort by Jamie Dimon and Warren Buffett to get public companies to curb short-term thinking got some surprising allies on Thursday. Activist investors Nelson Peltz and Paul Singer -- managing more ...
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5 Reasons Why College Is The Best Time To Start A Business If you're still in college and you think you're not ready to start a business, think again. There are endless resources for student entrepreneurs, and this article makes a case for why you should seriously consider getti...
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Europe Tries Saving Venezuela, Gives 'Dictator' Maduro $47 Million The European Commission gives Venezuelan strongman a lifeline. But how much of it will go to putting foods on the shelves in this Latin American failed state?
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The firms were initially slated to be included in a newly merged trade association, but they were blocked after some executives objected to adding more Wall Street banks.
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The leadership change comes at a time that Verizon is racing competitors to deploy next-generation 5G coverage
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Nebraska tax credit program sees decline in use

Miami Herald - 8 Jun 2018 16:58
Demand for a Nebraska tax credit program has dwindled ever since the initiative was implemented three years ago. State officials are hoping to pique interest by holding promotional tours to …
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15 things you should never eat at a restaurant

Business Insider - 8 Jun 2018 16:52
15 things you should never eat at a restaurant For various reasons, there are certain things you shouldn't order at a restaurant. If you're a germaphobebe wary of free bar snacks and warm tap water. Pizza, edamame, and ice cream are all incredibly overpriced at resta...
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