Business News
Hedge funds paid big money for private polls on Brexit, and then made hundreds of millions as markets went haywire
Business Insider - 25 Jun 2018 17:03
Hedge funds bought polling data on the day of the Brexit vote allowing them to profit from the event, a Bloomberg investigation has shown. One hedge fund involved, Rokos Capital Management, made over a $100 million. YouG...
The gun business gets shunned by Corporate America
CBSNews - 25 Jun 2018 14:38
Why more major companies, from banks to retailers to airlines, are avoiding the firearms industry
Think bank M&A has heated up? Think again
American Banker - 25 Jun 2018 19:08
M&A activity has picked up in recent weeks as several regional banks have struck big deals. Is it a blip or a sign of what's to come?
In a Chinese Village, Elderly Farmers Are Now Yogis
The New York Times - 25 Jun 2018 00:22
The local Communist Party chief has turned to yoga to bring health and vitality to a fading, remote hamlet. Some tourist money would be welcome, too.
Trade Worries Weigh on Wall Street, Tech Stocks Suffer
The New York Times - 25 Jun 2018 16:25
Wall Street's main indexes dropped on Monday as a move to check Chinese investments in U.S. technology firms further raised tensions between the United States and its trading partners.
The Wall Street Journal: Trump seeks curbs on Chinese investment in U.S. tech firms, exports to China
Market Watch - 25 Jun 2018 02:40
President Donald Trump, already embroiled in a trade battle with China, plans to ratchet commercial tensions higher by barring many Chinese companies from investing in U.S. technology firms, and by blocking additional te...
North Texas woman turns 100, marks decades of volunteer work
Miami Herald - 25 Jun 2018 19:58
When Anna Mae Walter graduated from Roosevelt High School in Chicago during the Great Depression, going to college for nursing "wasn't in the cards," said her daughter Kathy Edman. The …
Economic Report: New-home sales rebound in May
Market Watch - 25 Jun 2018 16:43
Sales of newly-constructed homes were stronger than expected in May, offsetting prior months' revisions, and pointing to firm underlying demand for housing.
Global energy players converge on Washington as China trade war lurks
Reuters - 25 Jun 2018 13:04
(Reuters) - The world's biggest oil and gas players are gathering for a summit in Washington D.C. this week that will be overshadowed by the specter of shifting trade patterns due to a trade dispute between the United St...
China cuts bank reserve requirement ratio to free up funding
ABC News - 25 Jun 2018 04:26
China says it will cut the amount of money some banks are required to keep on hand to free up funding for small businesses
Morocco's Van Blends Folklore with New Urban Sounds
Forbes - 25 Jun 2018 01:05
Van, an award-winning Moroccan producer, composer and DJ, has been working since 2000 to develop his own compositions while launching career-defining hits for major Moroccan singers. His work is flavored by the diverse m...
The Wall Street Journal: Despite divisions, GOP again hopes to bring vote on immigration bill
Market Watch - 25 Jun 2018 00:37
The U.S. House will try this week to vote on a Republican-written immigration overhaul, its second attempt in as many weeks, as GOP lawmakers balance pressure from President Donald Trump and the party's base demanding a ...
What AT&T's Acquisition of AppNexus Means
AdWeek - 25 Jun 2018 22:06
AT&T has acquired digital advertising technology company AppNexus, it said Monday, signaling that the telecom giant is looking to become a bigger player in digital advertising and siphon digital ad dollars from Google an...
SigTuple raises $19 million from Accel, IDG, others
livemint.com - 25 Jun 2018 20:37
Bengaluru-based health technology start-up SigTuple raises $19 million in its Series B round led by Accel Partners and IDG Ventures
Florida GOP politician heckled at a showing of Mister Rogers movie over her stances on healthcare and immigration
Business Insider - 25 Jun 2018 19:27
J. Scott Applewhite/AP Florida Attorney General Pam Bondi was booed out of a Tampa movie theater by activists protesting her stances on healthcare and immigration. Bondi, a Republican, was there to see "Won't You Be My N...
#MeToo movement has singled out more than 400 high-profile people
L.A. Times - 25 Jun 2018 19:10Venmo announces debit card in latest bid to monetize the service
Market Watch - 25 Jun 2018 17:00
PayPal Holdings Inc. said Monday that it would be rolling out a debit card for Venmo users, as the company explores a new way to make money off of the peer-to-peer service.
Harley-Davidson warns European tariffs will cause a 'tremendous cost increase' (HOG)
Business Insider - 25 Jun 2018 17:00
Scott Olson/Getty Images) Harley-Davidson said Monday that new European taxes on imported motorcycles will have a "significant impact" on its business, increasing the cost of motorcycles by $2,200 on average. Harley-Davi...
Tax Guy: Yes, commuters can still save money under the new tax law
Market Watch - 25 Jun 2018 16:57
Employer benefits for parking and transit have changed, and so have moving-related expenses.
10 reasons why the keto diet could be making you gain weight
Business Insider - 25 Jun 2018 16:57
The keto diet has been quite buzz-worthy as of late, especially since the high-fat and low-carb way of eating has spawned tons of keto-friendly products and online recipes this year. But while the keto approach supposedl...
David Carey Stepping Down As President Of Hearst Magazines
Forbes - 25 Jun 2018 16:47
Carey will stay on through the end of the year, and help select his successor.
Chinese tech stocks are sinking after report says the Treasury Department is looking to block Chinese companies from investing in US companies involved with 'industrially significant technology'
Business Insider - 25 Jun 2018 16:44
REUTERS/Kim Kyung-Hoon The US Treasury Department is drawing up rules that would prevent firms with 25% or Chinese ownership from invest in US companies involved with"industrial significant technology." Chinese tech stoc...