Business News
ZTE Will Survive The Share Plunge, But Its Problems Are Just Beginning
Forbes - 20 Jun 2018 05:00Hidden fees may make a comeback as Merrill Lynch ponders retreat from fiduciary rule
Market Watch - 20 Jun 2018 17:00
Who is looking after your best interests?
General Electric loses place in Dow, expected to be replaced by Walgreens
Business Insider - 20 Jun 2018 03:11
REUTERS/Jamie Fine GeneralElectric has lost its spot in the Dow Jones Industrial Average after over a century in the blue chip stock index. GE's place will be replaced by drug store chain Walgreens prior to the start of ...
Where are the worst places to live in the U.S.? Three of them are in Miami-Dade.
Miami Herald - 20 Jun 2018 04:28
South Florida has been saddled with the "Paradise Lost" label since that unflattering Time magazine cover in 1981. Now, another quality- of-life list asserts that things are still bad down …
As Greece Ends a Decade of Bailouts, Problems Linger for Europe
The New York Times - 20 Jun 2018 04:20
European officials are eager to paint Greece as a comeback story. But troubles in nearby Italy show that the euro's issues have not been laid to rest.
6 people who became millionaires by 30 reveal their keys to success
Business Insider - 20 Jun 2018 16:55
Scanpix/Heiko Junge/via REUTERS Do you ever think to yourself, "It must be nice," when you hear about the glamorous lives and million-dollar deals of top business leaders like Richard Branson and Bill Gates? Well, as nic...
Commerce Secretary Wilbur Ross shorted shares of a Kremlin-linked company days before a bombshell story dropped
Business Insider - 20 Jun 2018 16:51
Spencer Platt/Getty Images Commerce Secretary Wilbur Ross shorted shares of Navigator Holdings, a firm with ties to the Kremlin, days after being contacted for comment on a potentially negative story, Forbes reported. Ru...
People are complaining that Facebook is 'ruining its products' with an onslaught of relentless notifications (FB)
Business Insider - 20 Jun 2018 16:45
Getty/BI Graphics People report seeing more and more notifications from Facebook and Instagram (which is also owned by Facebook). People aren't happy about it. Cesar Kuriyama, who created the popular app "1 Second Everyd...
Stocks rise, led by tech shares, as U.S.-China trade fears ease
L.A. Times - 20 Jun 2018 16:35Goldman Sachs to invest $500 million in women-run companies
Reuters - 20 Jun 2018 04:45
(Reuters) - Goldman Sachs Group Inc will pump $500 million into companies led, founded or owned by women, as it steps up efforts to close the gender investing gap, the Wall Street bank said on Tuesday.
Private equity firm celebrates $2.5B sale of Varsity Brands
New York Post - 20 Jun 2018 04:29
Charlesbank Capital Partners gave itself a billion reasons to celebrate on Tuesday by selling Varsity Brands for $2.5 billion. The price marked a $1 billion profit over four years for the Boston-based private equity firm...
The Wall Street Journal: Mnuchin says new IRS 1040 tax form will be 'postcard' size
Market Watch - 20 Jun 2018 23:31
The new IRS Form 1040 will be released next week, and it will be significantly smaller than the current version, Treasury Secretary Steven Mnuchin said Wednesday.
JPM-Berkshire-Amazon health venture answers one big question: Who will lead it?
American Banker - 20 Jun 2018 17:16
The companies announced Dr. Atul Gawande, a professor at Harvard and the author of several books on health care, will lead the new health venture, effective July 9. But other questions remain unanswered.
Why is the CEO of high-flying startup Bird selling shares?
CBSNews - 20 Jun 2018 16:59
Travis VanderZanden's share sale comes as venture capitalists flock to the new motor-scooter sharing service
Walmart 'Surprised' Old Store Is a Migrant Shelter. Records Hinted at the Possibility.
The New York Times - 20 Jun 2018 16:55
An executive at the giant retailer signed a document that indicated the property was being purchased with a loan from a large shelter operator.
Automakers improve quality to record level in annual survey
ABC News - 20 Jun 2018 16:50
A survey of new-vehicle buyers finds that car and truck quality hit a record high this year as automakers started to clear up bugs with infotainment systems.
Volvo opens $1.1B plant in South Carolina with 4,000 jobs coming
USA Today - 20 Jun 2018 16:45
Volvo is opening its first U.S. automotive plant— a $1.1 billion factory in Charleston, South Carolina— in aserendipitous stroke amid concerns about a trade war undermining foreign imports. The plant will eventually ...
Amazon, Berkshire, JPMorgan name Atul Gawande CEO of healthcare venture
Reuters - 20 Jun 2018 16:44
(Reuters) - Berkshire Hathaway Inc, Amazon.com Inc and JPMorgan Chase & Co on Wednesday named Atul Gawande, a prominent medical professor who has criticized his industry's practices, to lead their joint healthcare compan...
OxyContin maker Purdue Pharma cuts remaining sales force
Reuters - 20 Jun 2018 16:43
(Reuters) - OxyContin maker Purdue Pharma LP, facing a wave of lawsuits blaming it for helping fuel the U.S. opioid epidemic, said on Wednesday it had laid off about 350 employees this week including the remainder of its...
Deal struck on family leave, sales tax, $15 minimum wage
Miami Herald - 20 Jun 2018 16:42
A compromise has emerged at the Statehouse that could keep three potential questions off the Massachusetts ballot in November. A House panel is voting Wednesday on a bill that would …
How to choose a credit card processing system for your business
Business Insider - 20 Jun 2018 16:35
TheInsider Picksteam writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. iStock/kadmy Credit cardprocessors help your small business ...
Doubts Rev Up Over Miami Formula One Track
Forbes - 20 Jun 2018 22:47
The proposed track for a Formula One Grand Prix on the streets of Miami is understood to have hit a speed bump due to the use of a controversial piece of land facing the Atlantic Ocean.