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Business News

Location American Business News for 13 July 2018
There's 1 Blockbuster left in the US and its owner refuses to close ANCHORAGE, Alaska -- Alaska’s last two Blockbuster video stores are calling it quits, leaving just one store open in the U.S. The stores in Anchorage and Fairbanks will close for rentals after Sunday night and reopen T...
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The dollar is set to come out on top of the trade-war trap

Business Insider - 13 Jul 2018 02:14
The dollar is set to come out on top of the trade-war trap REUTERS/Jo Yong-Hak There isn’t just one major source of market risk today. That makes the global investment environment particularly challenging. But the dollar looks set to conquer risks on multiple fronts throughout...
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The Japanese yen isn't behaving like a safe-haven currency, and Deutsche Bank thinks it knows why Yuya Shino/Getty Images For a currency regarded as being a safe-haven asset, the Japanese yen hasn’t been behaving like one of late. While divergent monetary policy settings between the US and Japan has contributed to ...
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Rep. Paul Gosar (R-AZ), citing his experience as a dentist, claimed he read body language very well and grilled FBI...
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A panel created to attract commercial air service to Wyoming has come up with a draft plan. At a meeting Thursday in Riverton, the Wyoming Air Service Improvement Council voted …
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Teacher discount! Target offering teachers a way to save on classroom supplies Teachers, take note. For the first time ever, Target is offering teachers nationwide a 15 percent discount on select classroom items.        
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Papa John's has already scrubbed its controversial founder from its logo and marketing (PZZA) REUTERS/Danny Moloshok Papa John's is pulling its founder, John Schnatter, from marketing, the company confirmed to Business Insider. Schnatter is no longer pictured in the chain's logo on social media or Papa John's web...
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The Federal Reserve says it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years. By …
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U.S. economic growth has been solid during the first half of the year and the Federal Reserve continues to expect to raise interest rates gradually, the central bank said on Friday in an upbeat semi-annual report to Cong...
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Geopolitical Risks and Trade Wars Will Restore the Bullish Course of the Gold Price Having reached the midpoint of 2018, analysts are starting to admit that gold has been one of the most difficult assets to analyze. Quit...
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Trump twice repeats falsehood that he was in the UK the day before Brexit and predicted it would happen Kevin Lamarque/Reuters President Donald Trump twice on Friday the falsehood he was in the United Kingdom the day before Brexit and predicted the British people would vote to leave the European Union. But Trump was actual...
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Build-A-Bear Workshop Inc's chief executive on Friday apologized to disappointed customers and offered an extended discount, a day after its one-day pay-your-age event prompted massive crowds and shortages at some stores...
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Nvidia and Intel are safe from China's tariffs on US semiconductors, Cowen says (NVDA, INTC) Rick Wilking/Reuters Nvidia and Intel are sheltered from China's retaliatory tariffs on semiconductor chips, according to Cowen analyst Matthew Ramsay. Even though US chipmakers have strong exposure to the Chinese market...
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New Assessment Urges UK To Capitalise On Green Revolution The National Infrastructure Commission (NIC) Assessment committee has urged the government to take decisive action on infrastructure. It says its proposals can be achieved within the Government's existing plan to spend u...
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Did Pfizer Blink And What Will Pharma Do Now? Pfizer confirmed that time has run out for raising prices without blow-back. The renewed attention to drug price hikes means business as usual has ended and two questions loom large for Pharma. Is talk of regulation of d...
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Women Claimed Johnson & Johnson's Talc Powder Gave Them Cancer. They Just Won $4.7 Billion in Damages Johnson and Johnson must pay $4.14 billion in damages to women who claimed asbestos in its products caused them to develop ovarian cancer
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Top firms change up outings to avoid boozy disasters

New York Post - 13 Jul 2018 04:11
Top firms change up outings to avoid boozy disasters Booze is out and ax-throwing is in. At the country's most prestigious law firms, the wining, dining and over-the-top wooing of summer associates this year includes a lot less alcohol and a lot more cocktail-free team-bui...
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Larry Page has backed another crazy flying car startup called BlackFly Opener Canadian startup Opener came out of stealth to unveil its flying vehicle BlackFly on Thursday. BlackFly can travel 25 miles at 62 mph, is fully amphibious, and allegedly so easy to use that you don't need a licenc...
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Commerce Secretary Wilbur Ross says he will sell all his equity holdings after a government ethics office noted inaccuracies and omissions in his financial disclosure reports. Ross says in a …
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Best time to be an investor? Yes. Best time to invest? Meh This may be the best time in history to be an investor. Never has it been so cheap to put money into the market, and it's about to get even cheaper following Vanguard's recent decision to end online commissions for most ...
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Asian shares were higher on Friday following gains on Wall Street overnight, as concerns over an escalating U.S. trade war with China took a breather.
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Ex-NY pension fund official gets 21 months in prison

Miami Herald - 13 Jul 2018 03:34
A former official at the pension fund for New York state public employees who was charged with accepting bribes that included prostitutes, strippers, cocaine and a $17,000 wristwatch has been …
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