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Business News

Location American Business News for 28 August 2018
Nissan produces first electric cars targeting Chinese market The Japanese carmaker's move is part of bigger push to make electric cars for world's biggest market.
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After tense year, Disney agrees to pay park workers $15 an hour Classes at the University of Central Florida began last week, and Maddy Johnson still hadn't found enough money to buy her textbooks. The safari driver at Disney's Animal Kingdom Theme Park, 23, was living on ramen noodl...
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If you like smart speakers like Google Home and Amazon Echo, you'll love the Smart Display even more - here are 8 reasons why Business Insider Smart screens are poised to replace smart speakers in people's homes. Lenovo's new Smart Display impresses as the first Google-powered smart device with a screen. The Lenovo Smart Display excels at “gl...
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Employees at First Federal Savings & Loan Association of Pascagoula-Moss Point love to eat, so much so that they started raising money for charity by selling lunches.
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Toyota Is Investing $500 Million in Uber to Get Self-Driving Cars on the Road Toyota will manufacture Sienna minivans equipped with Uber's self-driving technology
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Uber CEO is determined to expand into bike-sharing

New York Post - 28 Aug 2018 05:31
Uber CEO is determined to expand into bike-sharing Uber's boss says he's bent on expanding into bike-sharing -- despite the fact that it's peanuts compared to the car-sharing business and Uber will be pedaling uphill in New York City. Chief Executive Dara Khosrowshahi sa...
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Biggest U.S. banks slash muni-bond holdings after tax cut

American Banker - 28 Aug 2018 02:07
JPMorgan Chase, State Street, Wells Fargo, Citigroup and Bank of America decreased their holdings of tax-exempt bonds by nearly $16 billion in the first half of 2018, according to quarterly filings with the U.S. Securiti...
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After President Trump accused Google’s search engine of being “RIGGED” against him, the company hit back, saying its search queries are...
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US consumer confidence rises to 18-year high

ABC News - 28 Aug 2018 19:18
US consumer confidence rises to 18-year high US consumer confidence climbs to reading of 133.4 in August, highest level in nearly 18 years
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Nearly half of MoviePass' subscribers are considering canceling, according to a new survey Hollis Johnson/Business Insider A new National Research Group survey found that nearly half of MoviePass subscribers were considering canceling the service, and less than half were satisfied with it. That's a sharp drop ...
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11 things you think are helping your anxiety but are really making it worse Flickr/Mislav Marohnić According to the Anxiety and Depression Association of America, 18.1% of Americans over the age of 18 suffer from anxiety. At the same time, only 36.9% of those people are receiving treatment for ...
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Best Buy quarterly sales jump, but outlook weighs on shares Best Buy reports jump in quarterly sales, profit, but weak near-term outlook weighs down shares
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Thomson Reuters will buy back $9 billion worth of its common stock using the proceeds of the sale of the majority of its Financial and Risk business to Blackstone Group LP , the news and data firm said in a statement on ...
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Yale Receives $160 Million Gift for Peabody Museum

The New York Times - 28 Aug 2018 18:55
Yale Receives $160 Million Gift for Peabody Museum The donation, by Edward P. Bass, a Yale alumnus, will help the natural history museum add 50 percent more exhibition space and new classrooms.
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Oakworth Capital Bank, which topped our 'Best Banks' list this year, takes a broad view of wellness by providing employees with free healthy snacks and classes on time management.
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Most banks have an array of charitable endeavors designed to get workers involved. But the ones on our Best Banks list have built an emotional connection with employees
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China is considering introducing measures to tackle sexual harassment in the workplace in a civil code draft submitted to the country's top legislature on Monday, state news agency Xinhua reported.
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Mexico's Economy Minister Ildefonso Guajardo said on Monday that the trade accord it announced on Monday with the United States would have to be tweaked, particularly regarding rules of origin, if it ends up as a bilater...
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Why Markets Rallied on Trump's Trade Deal

Wall Street Journal - 28 Aug 2018 05:32
The bilateral trade deal with Mexico and any subsequent agreement with Canada may create some frictions for companies and consumers, but it is a relief compared to what might have been.
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CBRE Global Investors Buys Stake in Three GGP Malls

Wall Street Journal - 28 Aug 2018 03:35
One of the world's largest real-estate asset managers has purchased a 49% stake in three malls in a deal that values them at more than $1 billion and shows that investors still have an appetite for top-tier retail proper...
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The longtime head of the UFW is stepping down. His replacement will be the first woman to lead the union Longtime United Farm Workers President Arturo Rodriguez will step down from leadership of the union founded by his father-in-law, Cesar Chavez, the union confirmed Tuesday. His replacement, Teresa Romero, will be the fir...
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Four companies with Wisconsin operations announced a $100 million corporate VC fund. Apple supplier Foxconn, insurance company Northwestern Mutual, health care provider Advocate Aurora Health, and building materials supp...
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