Business News
Is Facebook The Next Amazon?
Forbes - 19 Jun 2018 15:23
Amazon appears to be an unstoppable force, gaining market share, growing globally and evolving into an omni-channel, omni-present retailer with Amazon.Com, Whole Foods, Amazon Books and Amazon Go. A question I am often a...
Ignore the OPEC Drama, More Oil Is Coming
Wall Street Journal - 19 Jun 2018 05:25
OPEC is back to its squabbling ways. But investors who are bidding up oil prices in the expectation of a split are misunderstanding both the history of the cartel and the current state of the oil market.
Before modernizing CRA, consider its history
American Banker - 19 Jun 2018 23:08
The Community Reinvestment Act needs to be updated, but in doing so Congress should remember why the law was created in the first place, argues Rep. Gregory Meeks.
We can thank Trump's tax cuts for economic growth this quarter
New York Post - 19 Jun 2018 04:20
One thing that the president has going for him is the fact that the US economy seems to have picked up nicely in the second quarter of 2018. The quarter ends in 11 days and it's looking like growth will be higher than th...
Toys 'R' Us says more than 115 companies interested in brand
New York Post - 19 Jun 2018 04:10
As Toys 'R' Us fades to black, scores of businesses are scrambling to keep it alive. The bankrupt retailer says that interest in its intellectual property, which includes its Babies 'R' Us, Toys 'R' Us and Geoffrey trade...
More and more companies are dumping their corporate jets
New York Post - 19 Jun 2018 04:02
Message to jet-setting CEOs: it may be wheels down until your bottom line improves. Rent-A-Center, which faced pressure from activist investors over the last year over alleged bloated expenses, sold its Cessna 680 earlie...
Card payments have overtaken cash for the first time in the UK as Brits give up on cash
Business Insider - 19 Jun 2018 03:11
Matt Cardy/Getty Images Brits are turning their backs on cash. The number of debit card payments overtook the number of payments made by cash in 2017 — for the first time ever. There were 13.1 billion cash payments las...
Bold agenda for new FDIC chief: ILC decisions, pot banking and more
American Banker - 19 Jun 2018 23:08
In her first speech as chairman, Jelena McWilliams signaled a focus on reviewing old policies, speeding up decisions on new bank applications and helping banks navigate marijuana laws.
Congressional Black Caucus raises alarm over Otting's comments
American Banker - 19 Jun 2018 23:08
Rep. Cedric Richmond, D-La., the CBC's chair, requested with a meeting with the comptroller of the currency to "enlighten" him about discrimination in banking.
McDonald's Ads Win Cannes Outdoor Grand Prix by Turning Golden Arches Into Arrows
AdWeek - 19 Jun 2018 22:22
CANNES, France--A clever and minimalist approach to sending motorists toward the nearest McDonald's has won the Grand Prix at this year's Cannes Lions, as has a Daily Show activation that created a "presidential library"...
Wells Fargo is weighing changes to wealth unit amid cost-cutting
American Banker - 19 Jun 2018 17:17
Wells Fargo is considering restructuring its wealth-management business as the bank pushes for $4 billion in cost-cuts by the end of next year.
Activist Carl Icahn gains control of board in proxy fight at SandRidge Energy
Reuters - 19 Jun 2018 17:12
OKLAHOMA CITY
China calls Trump's newest trade attack 'blackmail,' says US 'initiated a trade war'
Business Insider - 19 Jun 2018 17:07
President Donald Trump instructed the US Trade Representative to identify another $200 billion in Chinese imports that could be subject to a 10% tariff. China responded by calling the move "blackmail" and stated that the...
Global indexes slump as Trump threatens more China tariffs
ABC News - 19 Jun 2018 16:50
US stocks are sliding and indexes in Europe and Asia are also falling after President Donald Trump stepped up a trade dispute with China
Trade Wars: What 401(k) investors, consumers need to know
USA Today - 19 Jun 2018 16:45Bryce Harper shaved his beard and everyone made the same Yankees joke
Business Insider - 19 Jun 2018 16:45
Nick Wass/AP Bryce Harper, one of the biggest stars in baseball, shaved off his beard, a well-known part of his look, before a game with the Yankees. Harper is an impending free agent and has often been linked to the Yan...
The Typing Game Makes Entrepreneurs Faster and More Accurate at the Mobile Keyboard
Small Business Trends - 19 Jun 2018 16:30
If you're not a Millennial, you may need an app like The Typing Game to up your mobile communications game. Check it out after the jump.
5 Places Entrepreneurs And Teachers Should Visit While Attending ISTE In Chicago
Forbes - 19 Jun 2018 16:24
If you are attending ISTE in Chicago and have some spare time, here are 5 hidden gems education entrepreneurs and teachers will enjoy visiting. These rare finds in the city can spark inspiration for founders, and teacher...
This tween wellness line gives puberty a chic makeover
Fast Company - 19 Jun 2018 15:00
Blume is the first cohesive line of self-care products just for girls. Can it make puberty less daunting–for both tweens and moms? Today’s teens have plenty of access to information, but that hasn’t necessarily mit...
Maryland crab houses may shutter amid "broken" visa system
CBSNews - 19 Jun 2018 14:10
Visas for seasonal workers were awarded by lottery for the first time, leaving many crab houses short handed
Trump Thinks He’s Being Mistreated By Media Coverage Of Family Separations
TPM - 19 Jun 2018 13:39
While advisers to President Donald Trump are whispering in his ear that his immigration policies at the U.S.-Mexico border are...
10 Topics to Discuss with a Lawyer Before Starting a Business
Small Business Trends - 19 Jun 2018 13:30
Don't waste your time with a lawyer. Be prepared when you meet by having these 10 questions to ask an attorney before starting a business in hand.