Business News
Hedgie couple has Hamptons neighbors fuming over proposed fence
New York Post - 14 Aug 2018 06:59
SAGAPONACK, LI -- Good fences make good neighbors -- unless they're blocking a neighbor's view in the Hamptons, that is. The wife of noted hedge-fund tycoon Greg Lippmann -- the shrewd investor played by Ryan Gosling in ...
Tax cuts have boosted corporate profits
New York Post - 14 Aug 2018 06:08
There's one other thing that the tax reductions did: They raised corporate profits. The stock market was wildly overvalued coming into this year. Those extra profits that companies have been able to keep thanks to the fe...
Walmart's size may not shield it from rising prices
Chicago Tribune - 14 Aug 2018 16:15Bitcoin Slips Under $6,000 As Rout Resumes -- Here Are The Horror Stories
Forbes - 14 Aug 2018 07:00
Bitcoin has given up its support above $6,000 and fallen below the waterline for the second time in 2018...
Consumers are spending money like crazy
New York Post - 14 Aug 2018 06:06
Consumer spending is soaring -- so much so that a major trade group revised its annual forecast upwards. Thanks to the tax cuts, a tight jobs market and higher incomes, consumers are spending their hard-earned cash more ...
Foxconn Is Feeling the Sag in Smartphone Sales. Apple? Not So Much.
The New York Times - 14 Aug 2018 03:35
The world's biggest contract electronics manufacturer has recorded two straight quarters of declining profits, as smartphone sales stagnate.
Pension scam victims 'lost £91,000 each'
BBC - 14 Aug 2018 03:02
Regulators are launching a new campaign aimed at alerting people to the dangers posed by fraudsters.
How next FHFA chief can reform Fannie, Freddie without Congress' help
American Banker - 15 Aug 2018 01:08
The regulator of the government-sponsored enterprises has substantial authority to intervene as a legislative stalemate continues.
Traci Inglis, TechStyle
Retail Touch Points - 15 Aug 2018 00:37
Traci has had a love for all things retail since long before she started her career in it a couple of decades ago. Studying Business Marketing and Fashion Merchandising at the Ohio State University, she first cut her tee...
New Uber Chief Security Officer Has N.S.A. Past
The New York Times - 14 Aug 2018 19:15
Matt Olsen, the former general council of the National Security Agency, will replace Joe Sullivan, who was fired after the disclosure of a data breach.
Here's how cutting out alcohol can affect your skin
Business Insider - 14 Aug 2018 19:10
Getty/Pascal Rondeau Alcohol can have some negative impacts on your skin. It can cause puffiness and acne. After cutting out alcohol, your skin should improve over time. No matter how fun alcohol may be, it can be bad fo...
Why America should follow France's lead and ban smartphones in schools
Market Watch - 14 Aug 2018 19:06
Students who like to text and email friends during lectures should take note.
The FBI is reportedly quietly warning banks of a potential large-scale hacking scheme that could hit their ATMs
Business Insider - 14 Aug 2018 19:05
REUTERS/Noah Berger The FBI reportedly sent a confidential email to banks Friday outlining a potential ATM security threat. The scheme is known as an "ATM cash-out." Hackers use malware to access machines, lift controls ...
Amazon to open Colombia service center, employ 600 workers
Reuters - 14 Aug 2018 18:59
Amazon.com Inc on Tuesday said it will open its first customer service center in Colombia in October and employ 600 people. The center, intended to prevent and resolve problems, will serve customers worldwide in Spanish,...
Six Buffett-Inspired Stock Buys
Forbes - 14 Aug 2018 18:54
Buffett's investment strategy incorporates both qualitative and quantitative tests to identify fundamentally sound companies.
157-Year-Old Luxury Retailer Gump's Liquidates Inventory, Risks Closure
Retail Touch Points - 14 Aug 2018 18:51
Gump's, a San Francisco luxury department store founded in 1861, is holding a going-out-of-business sale, according to The Wall Street Journal. The retailer filed for bankruptcy earlier in August following a rapid declin...
Tesla's Board Moves to Oversee Musk's Efforts to Take Company Private
The New York Times - 14 Aug 2018 18:50
Three independent members of the board will have "full power and authority" to evaluate any privatization efforts proposed by Elon Musk, the chief executive.
Woman charged with embezzling $122K from plumbing company
Miami Herald - 14 Aug 2018 18:39
A former bookkeeper has been charged with stealing more than $120,000 from a Massachusetts plumbing company where she worked for 13 years. The Sentinel and Enterprise reports that Penny Soderman …
Police: 15-year-old ex-junior firefighter steals firetruck
Miami Herald - 14 Aug 2018 18:32
Pennsylvania officials say a 15-year-old ex-junior firefighter who stole a county vehicle also stole a firetruck from a community fire station in York County. Northern York County Regional Police say …
Samsung Galaxy Watch Could Make Things Easier for the Busy Entrepreneur
Small Business Trends - 14 Aug 2018 18:30
Samsung is touting the LTE connectivity of its latest Galaxy Watch as one of its best features. Here's what else they say you'll like.
Tesla board forms committee to evaluate buyout proposals
New York Post - 14 Aug 2018 18:16
Tesla's board named a special committee of three directors on Tuesday which will evaluate Elon Musk's proposals to take the company private, although it said it was yet to see a firm offer from the company's chief execut...
Market Regains Some Footing As Turkish Currency Woes Ease; Home Depot Earnings Strong
Forbes - 14 Aug 2018 18:07
This morning, tensions over the Turkish currency crisis appear to be easing, and Home Depot also appeared to help boost sentiment with better-than-expected earnings.