Business News
Nike's Colin Kaepernick ad has become a meme -- and it's great news for the brand (NKE)
Business Insider - 7 Sep 2018 17:14
Nike/Colin Kaepernick via Twitter Nike's polarizing Colin Kaepernickad has inspired countless memes. Everyone from meme accounts to Donald Trump Jr. are posting their own versions of the "Just Do It" ad. The meme-ificati...
Target's car seat trade-in event is back and the perks are even better
USA Today - 7 Sep 2018 16:49
Whether your kid just outgrew their car seat or it’s been long lost in the garage fermenting from Goldfish and sippy cup residue, Target will take it.
Asia shares worn down by trade tension, yen a safe harbor
Reuters - 7 Sep 2018 05:06
Asian shares carved out a 14-month trough on Friday as investors feared a new salvo of Sino-U.S. tariffs could come at any moment, while a slump in U.S. chip stocks rippled through the tech-heavy region.
Officials say reported mortar explosions in Baghdad happened near a US Embassy
Business Insider - 7 Sep 2018 03:20
REUTERS/Lucas Jackson The US State Department confirmed there was a mortar attack near the USembassy in Iraq. Officials say the embassy was not impacted and that staffers are taking appropriate safety precautions. Source...
Smith & Wesson parent company defends directors, sways Glass Lewis
Reuters - 7 Sep 2018 02:41
The parent company of gunmaker Smith & Wesson on Thursday defended its directors and its contribution disclosures ahead of a proxy vote that will test how far leading fund firms will press concerns about firearms safety,...
Federal Reserve Is Sued, Accused of Limiting Competition
The New York Times - 7 Sep 2018 02:34
A former Fed official, James McAndrews, is suing, saying the central bank is blocking his plan to create a new kind of bank that would pay higher interest rates on deposits.
Nike Kaepernick billboards go up in NYC, San Fran
USA Today - 7 Sep 2018 02:13
Large Nike billboards featuring Colin Kaepernick have gone up in New York City and San Francisco. (Sept. 6)
U.S. probing Wells Fargo's wholesale banking unit: WSJ
Reuters - 7 Sep 2018 01:13
The U.S. Justice Department is probing whether employees committed fraud in Wells Fargo & Co's wholesale banking unit, following revelations that employees improperly altered customer information, the Wall Street Journal...
Robots Can Manage Your Money. But Even They Need Humans.
The New York Times - 7 Sep 2018 22:56
Betterment, among the largest so-called roboadvisers, is one of the latest online services to reduce even further the cost of advice from a mix of algorithms and warm-blooded professionals.
CEO's doodles go a long way with First Bank employees
American Banker - 7 Sep 2018 18:07
First Bank Financial Centre's Mark Mohr personalizes work anniversary cards by drawing sketches on them highlighting employees' interests.
Futures Movers: Oil prices decline, eye first weekly loss in 3 weeks
Market Watch - 7 Sep 2018 17:19
Oil futures decline Friday as concerns surrounding an unexpected weekly rise in U.S. gasoline inventories and the potential for a trade-dispute triggered decline in global energy demand set prices up for their first week...
CFPB defends its toughness; Freedom Mortgage's rapid rise
American Banker - 7 Sep 2018 17:07
Agency's first supervisory report under Mulvaney finds little change; the nonbank lender surpasses Citigroup and Bank of America in home loans.
How tariffs will affect the top US ecommerce companies
Business Insider - 7 Sep 2018 17:04
Rick T. Wilking/Getty Images Smaller players who sell on Amazonand eBay through their marketplaces and rely on Chinese suppliers may raise prices or have fewer offerings. TVs and electronics could see higher prices due t...
BA apologizes after 380,000 customers hit in cyber attack
Reuters - 7 Sep 2018 17:03
British Airways was forced to apologize on Friday after the credit card details of hundreds of thousands of its customers were stolen over a two-week period in the most serious attack on its website and app.
Alibaba jumps after Chairman Jack Ma says he could 'retire earlier' (BABA)
Business Insider - 7 Sep 2018 16:59
Ruben Sprich/Reuters Alibaba shares jumped on Friday after Chairman Jack Ma told Bloomberg he could "retire earlier." In a profile, Ma said he wanted to follow the playbook of the billionaire andphilanthropistBill Gates....
Cher revealed her workout routine that keeps her in amazing shape at 72 -- and it's surprisingly simple
Business Insider - 7 Sep 2018 16:56
TheEllenShow/YouTube Cher appeared on "The Ellen DeGeneres Show" and revealed her "old-fashioned" workout routine. The singer does planks, squats, and fire hydrant moves to achieve a toned body. She also does Zumba and o...
Elon Musk's high and Tesla's low: Stock and bonds tumble on CEO's latest shenanigans
Market Watch - 7 Sep 2018 16:50
Tesla shares fell sharply and its junk bonds hit a new low on Friday after CEO Elon Musk appeared to smoke marijuana during a filmed interview.
A romance novelist has been arrested on the charge of killing her chef husband
Business Insider - 7 Sep 2018 16:37
Portland Police Bureau Romance novelistNancy L. Crampton-Brophy has been arrestedin connection to the murder of her husband, police say. Daniel Brophy was shot on June 2 at theOregon Culinary Institute. Brophy had worked...
Zara Parent Inditex Will Sell All Brands Worldwide By 2020
Retail Touch Points - 7 Sep 2018 19:32
Inditex, the Spain-based fashion group that operates fast fashion retailer Zara, will make all of its brands available online worldwide by 2020. Inditex sells brands including Pull&Bear, Massimo Dutti, Bershka, Stradivar...
Canada optimistic NAFTA deal can be struck this month: source
Reuters - 7 Sep 2018 16:36
Canada is increasingly optimistic it can reach a deal with the United States to salvage the North American Free Trade Agreement, although it may take until the end of September, a source with direct knowledge of the talk...
China, ExxonMobil discuss $10 billion investment in Guangdong: state TV
Reuters - 7 Sep 2018 16:35
Chinese officials and executives of ExxonMobil Corp discussed a $10 billion investment by the U.S.-based firm in the southern province of Guangdong, Chinese state television reported on Friday.
A member of the rich family behind OxyContin was granted a patent for addiction treatment
Business Insider - 7 Sep 2018 16:34
AP Photo/Toby Talbot, File Dr. Richard Sackler, a member of the family that owns Purdue Pharma, was one of the six inventors awarded a patent for a treatment for opioid-use disorder. Critics told the Financial Times that...