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Business News

Location American Business News for 5 September 2018
Embattled blood-testing company Theranos Inc will soon formally dissolve, the Wall Street Journal reported on Tuesday, citing a shareholder email.
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Behind Nike's Decision to Stand by Colin Kaepernick

The New Yorker - 5 Sep 2018 01:51
Behind Nike's Decision to Stand by Colin Kaepernick Jelani Cobb writes about Nike's choice to make Colin Kaepernick a face of their latest "Just Do It" campaign, positing that the decision isn't so much a defiant recognition of dissent as an acknowledgment of the directio...
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Is AMD's Price Run Justified?

Forbes - 5 Sep 2018 19:22
Is AMD's Price Run Justified? AMD's (NYSE:AMD) stock has seen a stellar run with over a 135% surge in price over the last six months. While there are several factors that has led to such optimism in the company, the current price appears to be overva...
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Iran may use secret oil shipments to skirt US sanctions

Business Insider - 5 Sep 2018 03:00
Iran may use secret oil shipments to skirt US sanctions REUTERS/Heinz-Peter Bader Iran may ship oil secretly to reduce the impact of the US sanctions on its oil exports. During the previous round of sanctions, Iran disabled tracking on its tankers. China, India, and Turkey ar...
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Brexit may be putting a million penguins at risk The full consequences of Brexit are still unknown, but a million penguins in the Falkland Islands could be threatened by England leaving the EU. Tony Spitz has the details.        
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Trump's trade war is the biggest threat to the oil and gas industry Win McNamee/Getty Images President Donald Trump's 25% steel and 10% aluminum tariffs on a variety of countries have pushed up prices, leading to cost inflation for oil and gas projects. The application system for duty wa...
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HPCL to raise ₹28,000 crore for Rajasthan unit

livemint.com - 5 Sep 2018 19:34
HPCL to raise ₹28,000 crore for Rajasthan unit HPCL will finalize 10 of the 12 technology providers by the end of next week, with an aim to complete the project by 2022
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Don't go! Surging business sales make staff retention a must As the number of small business sales keeps rising, staff retention is a priority
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MillerCoors is slashing jobs as Coors Light struggles and millennials ditch beer (TAP) REUTERS/Rick Wilking MillerCoors is slashing roughly 350 jobs, the beer giant announced on Tuesday. "We are moving quickly and decisively to get our business back on track," MillerCoors CEO Gavin Hattersley said in an em...
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How banks can win the struggle for tech talent

American Banker - 5 Sep 2018 17:07
There are ways for banks to gain an edge against the likes of Google and Facebook for the best software developers.
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Uber is aiming to boost driver and passenger safety in an effort to rebuild trust in the brand. The ride-hailing company has created a feature on its app to reach …
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Tariffs on imported cars, parts could harm U.S. economy and auto industry, experts warn Car prices will jump and thousands of auto workers will lose their jobs if the Trump administration imposes tariffs on imported autos, trade experts say.        
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U.S. oil producer ConocoPhillips is still awaiting payment from Venezuela on a $2 billion arbitration settlement reached last month with the South American nation, Chief Executive Ryan Lance said on Wednesday.
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Amazon has added Hindi language to woo Indian shoppers (AMZN) This story was delivered to Business Insider Intelligence "E-Commerce Briefing" subscribers hours before appearing on Business Insider. To be the first to know, please click here. Consumers in India will now have the opt...
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Gold futures attempt to hold trade above $1,200 an ounce Wednesday as worries about trade negotiations and weakness in the dollar helped to boost the metal's investment appeal.
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These 5 brands are the best at customer experience -- here's how they do it Sailthru While Amazon surpassed Alphabet this year to become the second most valuable publicly listed US company, the organization falls behind 57 others in providing a personalized customer experience. The second annual...
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The best clothing subscription boxes you can try

Business Insider - 5 Sep 2018 17:00
The best clothing subscription boxes you can try TheInsider Picksteam writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. The Insider Pick: If you want the shopping experience to com...
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Detroit CFO John Hill to step down by end of year

Miami Herald - 5 Sep 2018 16:57
John Hill is stepping down as Detroit's chief financial officer. The city says Hill has told Mayor Mike Duggan and City Council President Brenda Jones that he will be leaving …
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Twenty First Century Fox said on Wednesday it made a $100 million investment in social broadcasting platform Caffeine.
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Samsung is shifting its focus to mid-range smartphones (KRX) This story was delivered to Business Insider Intelligence Apps and Platforms Briefingsubscribers hours before appearing on Business Insider. To be the first to know, please click here. Samsung announced a new strategy th...
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Snap just introduced new $200 Spectacles that look more like regular sunglasses Snap Snap has introduced new styles of its Spectacles camera glasses. The new styles, nicknamed Nico and Veronica, cost $200 and have a more fashion-forward look than Spectacles and Spectacles 2. The glasses are availabl...
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Goldman Sachs reportedly halts plans for crypto trading Goldman Sachs is ditching plans to open a desk for trading cryptocurrencies as the regulatory framework for crypto remains unclear, Business Insider reported on Wednesday, citing people familiar with the matter. In recen...
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