Business News
4 Profit Champs for Your Portfolio
Barron's - 6 Jul 2018 23:30
After widespread profit increases earlier this year, the real heroes will be firms that continue to see gains
An oil buyers club is threatening OPEC's dominance
Business Insider - 6 Jul 2018 00:46
Heinz-Peter Bader/Reuters India and China are forming an oil buyer's club, a formation that could stand to threaten OPEC's strong position in the oil market. The boom in US oil production is giving the two countries the ...
14 fashion 'faux pas' that Americans make that French women don't
Business Insider - 6 Jul 2018 23:30
Jan Zahradka/Shutterstock There’s something about "French-girl style" that is endlessly intriguing to anyone who is not from France. Many Americans, in particular, seem to fawn over the wardrobe choices of stylish Fren...
Trade war already threatens to ruin Christmas for retailers
L.A. Times - 6 Jul 2018 16:4011 careless ways you're wasting money every day -- and how to stop
Business Insider - 6 Jul 2018 21:45
CK Ma/ Shutterstock Who doesn't waste money? We all pay too much at times because we want somethingright now. And on occasion, if we’re being honest with ourselves,we buy things we don'treallyneed. Sometimes, though, w...
AML software vendor ThetaRay raises $30 million
American Banker - 6 Jul 2018 17:19
The fundraising is a sign of the rise in the anti-money-laundering market, which is expected to reach $4.26 trillion worldwide in less than a decade.
Bitcoin has been plummeting in value -- but the world's largest crypto exchange still expects to net up to $1 billion in profits
Business Insider - 6 Jul 2018 17:06
The world's largest cryptocurrency exchange, Binance, expects to bring in as much as $1 billion in profit in the course of 2018, Bloomberg reports. The exchange has netted $300 million in profits since the start of 2018 ...
iHeartMedia could find a buyer soon
New York Post - 6 Jul 2018 03:57
Interest in the country's largest radio company is growing, The Post has learned. Private equity firm Silver Lake Partners has recently shown interest in buying the bankrupt iHeartMedia operation -- challenging John Malo...
Silicon Valley's real estate market is so absurd that this 1-acre dirt lot in Palo Alto is selling for $15 million
Business Insider - 6 Jul 2018 21:53Stocks Rise Following Solid Jobs Report, Led by Health Care
The New York Times - 6 Jul 2018 16:29
The major U.S. stock indexes were mostly higher in early trading Friday following a solid jobs report, keeping the market on track for a weekly gain after two weeks of losses.
Trump threatens China with tariffs on more than $500 billion of goods
Market Watch - 6 Jul 2018 03:17
President Donald Trump said Thursday the U.S. could soon impose tariffs on more than $500 billion in Chinese imports, about the amount of total goods the U.S. imported from China last year.
9 things you didn't know you could buy at the Disney parks
Business Insider - 6 Jul 2018 17:05
Flickr There’s no shortage of ways to spend money at the Disney parks. The parks carry everything from iconic food offerings to alcoholic drinks to classic souvenirs like character tees, keychains, pens, and, of course...
Amazon will print toy catalog to fill Toys 'R' Us void
New York Post - 6 Jul 2018 03:34
Jeff Bezos is going old school. The Amazon CEO will have the e-commerce giant publish a print toy catalog this fall -- which will be mailed to millions of Amazon customers and be available at its Whole Foods chain. The d...
The Wall Street Journal: Avon sells its last U.S. factory
Market Watch - 6 Jul 2018 17:06
After more than 100 years of making beauty products in the U.S., Avon is selling its last domestic factory to a French cosmetics manufacturer.
The Wall Street Journal: Winklevoss twins hire NYSE official for bitcoin exchange Gemini
Market Watch - 6 Jul 2018 16:59
A bitcoin exchange hires the New York Stock Exchange's top technology executive--the latest sign that cryptocurrency trading platforms are seeking to move beyond their rebellious roots and look more like traditional fina...
Mazda recalls 270,000 vehicles over Takata airbags
ABC News - 6 Jul 2018 16:58
Mazda recalls nearly 270,000 vehicles because of potentially deadly Takata airbags
How To Immigrate To The U.S. With A Start-Up Business
Forbes - 6 Jul 2018 16:45
How can a foreign investor start-up a new business in the U.S. to get a work permit and capitalize on his foreign connections? This article uses the example of a wine bar start-up to immigrate to the U.S. and then to exp...
'Stop the casinos called banks': Comments of the week
American Banker - 6 Jul 2018 05:08
Readers weigh in on inequality in financial services, opine on falling bank reputations, chime in on the evolving role of the chief risk officer and more.
This financial public relations company is all female
New York Post - 6 Jul 2018 03:46
Women are making a breakthrough in fintech -- at least when it comes to financial public relations. Bevel PR, launched last year by Jessica Schaefer, a communications alum from Steve Cohen's hedge fund Point72 Asset Mana...
Feds announce $5B for Texas flood control projects
Miami Herald - 6 Jul 2018 03:21
The U.S. Army Corps of Engineers has announced Texas will be getting nearly $5 billion to help build critical flood mitigation projects in the state, which is still recovering from …
How Rhode Island Is Sparking Another Industrial Revolution
Forbes - 6 Jul 2018 03:02
Rhode Island has recruited 24 companies in the past two years to either come to the state or expand the presence the company already has in the state. Gov. Gina Raimondo is calling it a modern industrial revolution.
Forbes Asia Biz Briefing: HSBC Believes Next Steps in Trade Spat Crucial
Forbes - 6 Jul 2018 03:00
The latest episode of the Forbes Asia Biz Briefing comes from HSBC's chief ASEAN economist, Joseph Incalcaterra. He tells us what's caught his eye this week, and what he'll be watching for next week.