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Business News

Location American Business News for 23 June 2018
I finally tried Amazon's free, two-hour Whole Foods delivery, and I was shocked to discover it isn't free (AMZN) Business Insider I tested Amazon's free, two-hour delivery from Whole Foods stores. I loved the convenience of the service but was shocked to find that it wasn't technically free. The app tacks on an optional tip for the...
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Goldman Sachs recommends GE suspend dividend

New York Post - 23 Jun 2018 05:31
Goldman Sachs recommends GE suspend dividend General Electric ended a bad week on an ugly note when Goldman Sachs recommended Friday that the Thomas Edison-founded company suspend its dividend for the first time in 119 years. The bank's gloomy report came days afte...
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What a Trade War With China Looks Like on the Front Lines

The New York Times - 23 Jun 2018 16:00
What a Trade War With China Looks Like on the Front Lines How trade disputes play out will vary depending on the product and how hard it is to find a workaround. But tariffs on more countries mean more economic risk.
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The 20 Most Influential People In ESG Investing From "Blood and Gore" to gender-lens investing, here's who is setting the agenda in the sustainable space.
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Boeing's robot submarine is back roaming off the California coast Boeing Co.'s Echo Voyager has headed back to sea for a second round of testing, as the aerospace company looks to demonstrate the underwater drone's more sophisticated capabilities for a U.S. Navy contract competition. T...
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Managing expenses: As a business, your costs are up. What about your prices? The percentage of small businesses raising their prices in May jumped to the highest level since 2008, at a net 19 percent, according to a survey by the National Federation of Independent Business.        
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Amazon workers ask Bezos to stop selling tech to law enforcement There was another social activism uprising in tech land this week -- and this one got in Jeff Bezos' face. An undisclosed number of Amazon employees penned an open letter to the e-commerce giant chief executive asking th...
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The Bureau of Land Management has agreed to pay SG Interests $1.5 million after the energy company sued over the cancellation of 18 oil and gas leases covering more than …
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All the US states that ship more than $1 billion worth of goods to China that would be slammed by tariffs Reuters/Carlos Barria President Donald Trump escalated his trade dispute with China and is planning for $200 billion worth of Chinese goods to be subjected to an additional 10% tariff. In turn, China said it would slap t...
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Fund Manager Says Oil Is Going Higher Buy Oil Drillers James Brilliant, chief investment officer at CM Advisors, thinks the oil market has been fundamentally misunderstood and that oil is going to $100. He expects the entire industry to benefit, but he especially likes oil d...
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Trump threatens tariffs on European auto imports in escalation of trade dispute President Trump on Friday reiterated his threat to place a hefty tariff on automobiles imported from the European Union if the trading bloc doesn't remove tariffs placed on a variety of U.S. products as part of an escala...
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SEC probes whether companies nudged earnings per share higher, report says The Security and Exchange Commission reportedly is investigating whether companies rounded up their quarterly earnings per share to make financial results look better. The probe comes after a study found possible evidenc...
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Democratic Gov. Tom Wolf and the Republican-controlled Legislature have wrapped up a budget a week before Pennsylvania state government's new fiscal year starts. It's an about-face after three years of …
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The Democrat-led Vermont House of Representatives has approved a new state budget, but the future of the plan is uncertain. The bill passed just before midnight Friday does not lower …
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Money isn't everything: Situations where it pays to accept a lower salary Money is important, but it certainly isn't everything -- especially when it comes to your job.        
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An Ohio company has donated $2 million to the Cincinnati Children's Hospital Medical Center for transgender patient care. The Cincinnati Enquirer reports Pure Romance CEO Chris Cicchinelli announced the gift …
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Rupert Murdoch's Fortune Jumps By $1.2 Billion Following Disney's Latest Bid For Fox 21st Century Fox's stock rose this week, despite criticism from some of the company's talent over Fox News' coverage of the separation of migrant children from their parents at the border.
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Nigeria And The Oil Upswing: An Interview With Tor Langoy, CEO Of Karra Oil & Gas An Interview With Tor Langoy, CEO Of Karra Oil & Gas, on Nigeria And The Oil Upswing
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Vermont budget vote delayed for last minute changes

Miami Herald - 23 Jun 2018 05:00
The Vermont House repeatedly delayed a vote on its $5.8 billion budget bill Friday while Democratic leaders held closed door meetings and negotiations with Republican Gov. Phil Scott. The House …
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Kraft interested in buying Campbell Soup

New York Post - 23 Jun 2018 04:49
Kraft interested in buying Campbell Soup There could soon be a line forming in front of Campbell's HQ. Campbell Soup, which last month said it was reviewing all aspects of its strategic plans and portfolio composition, will have at least one deep-pocketed suito...
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Border Outrage Shows Limits of CEO-Statesmen

Barron's - 23 Jun 2018 03:37
Border Outrage Shows Limits of CEO-Statesmen Compromise and civil discourse are missing from the debates over immigration and other social issues. If corporate leaders want change, they will need to be more political.
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China Wants India To Make Peace With Pakistan. It Won't Work China wants to help ease the long-standing conflict between India and Pakistan. And it has a couple of unofficial reasons for it.
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