Business News
Papa John's now facing 'bro' culture scandal as nightmare continues
New York Post - 20 Jul 2018 04:28
The John Schnatter stink will be harder to clean up at Papa John's than first expected. The chief executive and a second high-ranking executive at the pizza chain -- pals of Schnatter whom he installed in key positions -...
Elon Musk's bizarre tweets are raising red flags on Wall Street
New York Post - 20 Jul 2018 03:44
Tesla's Elon Musk has been tweeting as if he's as high as one of his SpaceX rockets. Wall Street analysts, regulators and the media have all been recent victims of the eccentric billionaire. But his calling a member of t...
One giant sale: Neil Armstrong's collection goes to auction
Miami Herald - 20 Jul 2018 17:12
Admirers of Neil Armstrong and space exploration have a chance to own artifacts and mementos that belonged to the modest man who became a global hero by becoming the first …
Losing Streak Emerges As NYC, Hired Guns Lose Climate Change Case Against Big Oil
Forbes - 20 Jul 2018 04:41
Federal judges continue to reject the efforts of private lawyers who hold a financial stake in lawsuits brought by government officials against the oil industry over the alleged effects of climate change.
Tesla stock downgraded amid Model 3 order cancellations
New York Post - 20 Jul 2018 04:13
If Elon Musk's outbursts suggest a distracted if not disturbed man, an analyst's report on Thursday seems likely to leave the Tesla CEO unhinged. The ratings downgrade by Needham's Rajvindra Gill cut 3 percent off Tesla'...
John Paulson pushes to overhaul gold mining firm's board
New York Post - 20 Jul 2018 03:43
Hedge fund billionaire John Paulson is stepping up his campaign against Canadian gold-miner Detour Gold. Paulson & Co. is pushing for an overhaul of Detour's board and plans to call for a special shareholder meeting to b...
Lay's to release lobster roll chips and other outlandish flavors
New York Post - 20 Jul 2018 03:33
Some of the most outlandish potato chip flavors are about to hit store shelves -- including Deep Dish Pizza, Fried Pickles With Ranch, and New England Lobster Roll. The new flavor lineup, from Lay's, will hit retail July...
Oil prices look poised to weaken -- but the market is still vulnerable to shocks
Business Insider - 20 Jul 2018 02:15
Andrew Burton/Getty There have been mounting oil supply concerns over recent months. But now Saudi Arabia is promising record production and the US is mulling an SPR release. Still, the oil market remains vulnerable to s...
How Trump's Tariffs Tripped Up Alcoa
The New York Times - 20 Jul 2018 02:00
The aluminum producer's shares plunged 13 percent after it detailed how the trade war was disrupting its business.
Why regional bank CEOs are lukewarm on more M&A
American Banker - 20 Jul 2018 01:08
While the regulatory environment is more accommodating for big deals, many regionals still have their reasons for staying on the sidelines.
Wall Street Rushes Into a New Asset Class
Barron's - 20 Jul 2018 23:53
Hedge funds, private equity firms, and asset managers have flocked to the market for loans for small and midsize companies. Investors need to be wary.
Autoliv and Delphi: A Tale of Two Spinoffs
Barron's - 20 Jul 2018 22:07
Robocars are a hot investment theme, but companies that supply traditional auto components are priced for better returns.
Facebook suspends Boston analytics firm over data usage
L.A. Times - 20 Jul 2018 20:15The Fed: Fed won't be swayed by Trump's interest-rate complaints, Bullard says
Market Watch - 20 Jul 2018 17:01
St. Louis Fed President James Bullard said Friday that the central bank would be swayed by President Trump's public criticism of monetary policy.
Texas jobless rate for June 4 percent, same as US figure
Miami Herald - 20 Jul 2018 16:59
The Texas unemployment rate improved to 4 percent during June to mirror the nationwide jobless figure. The Texas Workforce Commission on Friday announced last month's statewide jobless figure compares to …
Where do rich people go for financial advice? Social media
Market Watch - 20 Jul 2018 16:59
Investors with advisers are even more likely to do research on their own
GE beats on EPS, but trims cash flow target, shares fall
Reuters - 20 Jul 2018 16:54
General Electric Co reported a smaller-than-expected drop in profit on Friday, but cut a key financial target, raising questions about its outlook for the year and sending shares sharply lower.
Google, Facebook, Microsoft, and Twitter are making it easier to transfer your data between their websites
Business Insider - 20 Jul 2018 16:51
Drew Angerer/Getty Images Google, Facebook, Microsoft, and Twitter are collaborating on an open-source project that will make it easier to transfer your data between websites. Files like contacts, photos, mail, calendars...
US probes complaints that some Ford Escapes overheat, stall
ABC News - 20 Jul 2018 16:40
Federal safety investigators are looking into complaints that engines on some Ford Escape vehicles can overheat and suddenly stall while being driven
It's the E.U. vs the U.S. and Google is in the middle
NBC News - 20 Jul 2018 16:39
President Donald Trump and the European Union, who don't agree on much, have a new dispute: How to handle the enormous power of modern tech companies.
Trump ups tariff threat and slams the Fed and big trading partners
L.A. Times - 20 Jul 2018 16:35Stocks wobble, dollar slips as traders shrug off trade talk
ABC News - 20 Jul 2018 16:30
US stocks are drifting between small gains and losses as traders shrug off the latest trade threats from President Donald Trump