Business News
Why man who won $289M weedkiller award won't get most of the money
CBSNews - 16 Aug 2018 01:08
Because of a change in the tax law, man who won massive weedkiller award could end up with much less
Soros Fund Management adds popular tech names, BlackRock in second quarter
Reuters - 15 Aug 2018 05:22
Soros Fund Management LLC added Facebook Inc, Apple Inc and Twitter Inc, but trimmed stakes in Alphabet Inc and Amazon.com Inc in the quarter through June, according to a regulatory filing on Tuesday.
Airbnb to donate $10M to city charities as symbolic gesture
New York Post - 16 Aug 2018 00:31
Its lobbying didn't work, so Airbnb is hoping charity will convince lawmakers that its services should be legalized. The home-sharing announced Wednesday that it is donating $10 million to seven select charities as a sym...
US factory output rose solid 0.3 percent in July
Miami Herald - 15 Aug 2018 19:06
U.S. manufacturing output rose a solid 0.3 percent last month, led by increased production of cars, electronics, and appliances. The Federal Reserve said Wednesday that overall industrial production -- which …
The top-paying jobs in the US
USA Today - 15 Aug 2018 17:57
These are some of the highest paying jobs in the U.S. right now, according to a new report published by Glassdoor. Veuer's Sam Berman has the full story.
US retail sales rose at robust 0.5 pct. annual rate in July
Miami Herald - 15 Aug 2018 16:57
Americans shopped at a healthy pace in July, buying more cars, clothes and appliances, evidence that confident consumers are helping drive robust economic growth. Retail sales rose at a 0.5 …
Qatar to aid Turkey, currency rallies but U.S. says tariffs to stay
Reuters - 16 Aug 2018 01:31
The United States on Wednesday ruled out removing steel tariffs that have contributed to a currency crisis in Turkey even if Ankara frees a U.S. pastor, as Qatar pledged $15 billion in investment to Turkey, supporting a ...
9 red flags you can spot on a first date
Business Insider - 16 Aug 2018 01:11
Shutterstock When you are dating someone new, it can take a while for certain deal breakers — like an inability to help with chores or bad financial habits — to become apparent. But some red flags can show up as soon...
This McDonald’s chicken is getting sweet and spicy
USA Today - 16 Aug 2018 00:50As Publishers Build Experiential Events, Bustle Digital Group's Newest Acquisition Will Help It Compete
AdWeek - 15 Aug 2018 20:34
Bustle Digital Group acquired Flavorpill Media Inc. to build out the company's experiential programming, Bustle said. Additional terms of the acquisition, which is effective immediately, were not made public. Flavorpill ...
Tech We're Using: When You Track Oreos, Exercise and Everything Else
The New York Times - 15 Aug 2018 19:40
Tim Herrera, editor of The New York Times's Smarter Living section, does not believe the answer to happiness is less technology. Here's why.
Macy's sales surge slows even as store pushes ahead with mobile checkout and other changes
USA Today - 15 Aug 2018 19:07
Macy's sales surge slowed in the most recent quarter, signaling that the pay off from the department store's efforts at reinvention may have a ways to go.
Saudi fund may only play minor part in Musk's $72 billion Tesla plan: bankers
Reuters - 15 Aug 2018 13:49
Elon Musk told investors this week that "obviously, the Saudi sovereign fund has more than enough capital needed" to finance taking Tesla private.
Members of Tesla's board of directors are lawyering up as crisis around Elon Musk deepens (TSLA)
Business Insider - 15 Aug 2018 07:05
Getty Some members of Tesla's board of directors are hiring lawyers to protect themselves in the ongoing fallout from CEO Elon Musk's public declarations about taking the company private. Fellow board members are also ur...
China can play the oil card if its trade rift with the US deepens
Business Insider - 15 Aug 2018 04:14
Beijing last week decided to exclude crude oil from the latest list of US goods targeted for tariffs. When China began reducing US crude orders in anticipation of tariffs, other Asian buyers stepped in, as reported by Bl...
Chief executive pay jumps 11% to almost £4m last year
BBC - 15 Aug 2018 03:18
Chief executive pay rose much faster than for the wider workforce in 2017, a report has claimed.
3 Well-Financed Startups Aspire To Displace Splunk
Forbes - 16 Aug 2018 00:07
Splunk's market capitalization of $15 billion values it at nearly 12 times sales. It targets a $4.5 billion market and is growing at over 30%. But three well-financed startups say they're eating Splunk's lunch. Will that...
Why Turkey's Crisis Feels Familiar for Emerging Markets: It's the Debt
The New York Times - 16 Aug 2018 00:00
The country has unique challenges, but other emerging markets where big borrowing fueled rapid growth and strong returns could feel the pinch of a stronger dollar.
Another judge tosses lawsuit over LL Beans' return policy
Miami Herald - 16 Aug 2018 00:00
Another federal judge has dismissed a lawsuit targeting L.L. Bean's new return policy, this time in California. District Judge Yvonne Gonzalez Rogers on Tuesday granted the retailer's motion to dismiss …
Google provides data on U.S. political advertising
Reuters - 15 Aug 2018 23:59
Google has added a section to its twice-yearly transparency report to show who buys U.S. election ads on its platform and how much money is spent on political advertising, the search engine giant said on Wednesday.
Customers on front line of defense to prevent ATM cash-out heists worth millions
USA Today - 15 Aug 2018 22:49
Consumers can help prevent cybercriminals from committing multi-faceted heists called ATM cash-outs, wherethievessimultaneously withdraw millions from scores of banks.
Futures Movers: Oil down sharply as U.S. crude inventories rise
Market Watch - 15 Aug 2018 19:16
Oil futures extend losses after data show an unexpected jump in U.S. crude inventories.