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Business News

Location American Business News for 16 August 2018
Sebi cuts listing time for public issue of debt securities The new rule would be applicable for all public issues of debt securities from 1 October, 2018, the Securities and Exchange Board of India (Sebi) said in a circular
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Xbox Live is down, so how will teens yell at me now?

Venture Beat - 16 Aug 2018 04:57
Xbox Live isn’t working for everyone at the moment. Microsoft has confirmed the issue on its Xbox Live status site, and players are complaining about the outage on social media. This is preventing people from signing i...
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New York City saw an onslaught of registration applications just before it enacted a temporary cap on app-based rides like Uber and Lyft. Under a bill signed Tuesday by Democratic …
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Rare nickel sells for $4.5 million at auction

Miami Herald - 16 Aug 2018 07:33
A rare nickel has sold for $4.5 million at a Philadelphia auction. Stack's Bowers Galleries sold the Eliasberg 1913 Liberty Head nickel Wednesday night during the American Numismatic Association's World's …
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The US sanctioned Chinese and Russian entities for helping North Korea cash in on its billion-dollar smuggling schemes Thomson Reuters The US sanctioned Chinese and a Russian entities on Wednesday for helping service the illegal cigarette and alcohol trade in North Korea. According to the US Treasury, North Korea's cigarette smuggling ha...
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China sending trade envoy to Washington for talks China sending trade envoy to Washington for talks amid spiraling tariff dispute
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There is no indication that Turkish authorities are considering asking for IMF financial assistance, a spokesperson for the International Monetary Fund said on Wednesday.
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Disney puts luxury hotel plan on hold in feud with Anaheim over $267 million in subsidies Walt Disney Co. has put a hold on plans to build a luxury hotel in the Disneyland Resort's shopping district, citing a feud with Anaheim officials over tax subsidies that the Burbank media giant was expecting to get from...
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The Myths About China's Economic Slowdown

Forbes - 16 Aug 2018 05:00
The Myths About China's Economic Slowdown A debt-induced financial crisis in China is sheer fantasy.
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People are roasting Motorola's new phone for looking like an exact copy of the iPhone X Motorola/Apple Motorola launched a new phone this week, the P30. Promotional images make it look nearly identical to Apple's marketing for the iPhone X — all the way down to the wallpapers. If you're in the market for ...
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Industrial software giant PTC has announced a new IIoT cybersecurity initiative (PTC) This story was delivered to Business Insider Intelligence IoT Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here. Industrial software giant PTC hasannounceda new...
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U.S. stock indexes rose on Thursday, helped by a string of robust earnings reports, a dip in the dollar and after China said it will hold talks with the United States later this month.
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Citigroup has agreed to pay $10.5 million to settle charges related to bad loans made by its Mexican subsidiary, Banamex, between 2008 and 2014, and to trader mismarking and unauthorized proprietary trading by Citigroup ...
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I spent 5 years studying rich people, and here are the 9 best pieces of advice I can give you about money Theo Wargo / Getty Images What secrets about managing money do the rich know that the average person doesn't? I spent five years trying to answer that question. I asked 233 millionaires 144 questions and discovered that ...
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Analysts See 12% Upside For The iShares Russell 1000 Value ETF For the iShares Russell 1000 Value ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $139.64 per unit.
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Nearly 200 consumers have reported widely sold product melting, exploding or catching fire
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Average US mortgage rates fall; 30-year at 4.53 percent Average US mortgage rates fall for second straight week; 30-year at 4.53 percent
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Turkish Finance Minister Berat Albayrak hosted a conference call with global investors on Thursday in a bid to reassure them that policymakers are able to tackle the worst currency crisis the country has suffered since 2...
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Walmart Inc reported quarterly earnings and sales that topped estimates on Thursday, driven by strong grocery sales and a revamped website that boosted online purchases, and the company's shares soared over 10 percent in...
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Analysts are sounding the alarm on JCPenney (JCP)

Business Insider - 16 Aug 2018 18:49
Analysts are sounding the alarm on JCPenney (JCP) Business Insider/Jessica Tyler JCPenney reported second-quarter earnings on Thursday that fell short of Wall Street's expectations, sending its share price down. In a call with investors, CFOJeffrey Davis said that the c...
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Walmart reveals the most bizarre top-selling items in every state J.D. Pooley / Stringer/ Getty Walmart.com analyzed the hottest-selling items in every state and found some unusual top sellers. According to the data, New Yorkers love Cheerios, Californians love protein powder, and Ohio...
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eBay 'Retail Revival' Brings Akron Entrepreneurs To New York City eBay is giving SMBs from Akron, Ohio an opportunity to display and sell their products on a much bigger stage. The e-Commerce giant sent 17 SMBs to set up shop in The New Stand, a retail concept store in New York City wi...
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