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Business News

Location American Business News for 12 September 2018

I’m betting $523,111 on this 1 stock

USA Today - 12 Sep 2018 15:00
I’m betting $523,111 on this 1 stock This under-the-radar company has so much potential.        
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Total conviction buy signal is flashing now

USA Today - 12 Sep 2018 15:00
Total conviction buy signal is flashing now There’s a new buy alert flashing right now for a what some experts believe is a promising stock.        
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With oatmeal growing in popularity, Quaker pitches to health-conscious consumers Quaker Oats had an "aha moment" about a year ago, said Robbert Rietbroek, senior vice president and general manager for Quaker Oats North America. The brand, which traces its history back to 1877, was largely being marke...
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Jimmy Buffett gets into the marijuana business

New York Post - 12 Sep 2018 04:47
Jimmy Buffett gets into the marijuana business The distinction between "Margaritaville" and "Marijuanaville" just got hazier -- courtesy of Jimmy Buffett. The singer with the laid-back attitude has scored a licensing deal to slap the name of his Coral Reefer band on ...
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Don't believe the hype about Amazon 'savings' at Whole Foods Whole Foods shoppers may think they are paying less for their kale, organic milk, blackberries and bison filets since Amazon bought the pricey grocer more than a year ago -- but they really aren't, according to a new rep...
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Orlando healthcare staffing contractor Loyal Source Government Services brags on its website about serving government agencies such as NASA, the Army and Navy. It probably won't brag about being caught …
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The estimated cost for the Seattle-Tacoma International Airport's new International Arrivals Facility has reached almost $1 billion. The Seattle Times reports that the project is expected to open eight months …
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AT&T pressing ahead with Time Warner merger despite DOJ appeal Appeal? What appeal? AT&T boss Randall Stephenson said the telecom giant is pushing ahead full-speed with integrating its acquisition of Time Warner -- despite the fact the Justice Department has appealed a federal judge...
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Tobacco stocks are surging after the FDA threatens to pull flavored e-cigarettes (MO, BTI) REUTERS/Eduardo Munoz Tobacco stocks are surging after the Food and Drug Administration threatenedthe industryto combat thewidespread flavored electronic cigarette use among young people. The FDA found top-selling brands...
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McDonald's Workers Are Going on Strike Over Sexual Harassment Inspired by #MeToo, the one-day strike will take place in 10 U.S. cities
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Will President Donald Trump's trade wars raise grocery prices? America's food imports are at all-time highs and account for 20-25 percent of total U.S. supermarket sales. If trade wars escalate, will your food bill rise?        
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General Motors is recalling more than 240,000 vehicles, mainly in the U.S. and Canada, to fix a problem that could hamper rear brake performance. The recall covers many GMC Terrain, …
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Gas shortages, long lines worsen in North, South Carolina as Hurricane Florence nears While most stations have gas in North and South Carolina, some are running out and lines are forming as locals rush to fuel up ahead of the hurricane.        
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How Inclusion And Transparency Create World-Class Economies How do you build a strong economy? It takes more than technological innovation, entrepreneurship, capital investing, fiscal spending, the free flow of global trade, and sound monetary policy. It requires both financial i...
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Bad day for cryptocurrency, Goldman

American Banker - 12 Sep 2018 15:08
Court gives securities regulators a victory on initial coin offerings; bank's stock suffers its longest losing streak.
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Erika Alexander is using the blockchain to make journalism more inclusive With help from Civil’s blockchain-based platform, a new site called The Blackness will tell long-form multimedia stories about marginalized communities. Civil, the blockchain-based journalism platform, is adding a new ...
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Stablecoins: The Latest Entrant In Crypto's Search For Utopia This week the NYDFS approved two more stablecoins. These innovations are hailed as the missing link to the widespread adoption of crypto. However, they are not without their drawbacks and limitations.
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Governor's car show postponed because of hurricane

Miami Herald - 12 Sep 2018 10:57
Virginia Gov. Ralph Northam's planned classic car show is postponed because of Hurricane Florence. State officials said the show planned for Saturday was rescheduled to Sept. 29. Northam is a …
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Are suggestions to abolish Hindu Undivided Family (HUF) justified? Recently, the Law Commission recommended doing away with the system of HUF altogether all over India
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Why Choice Financial takes April Fools' Day seriously

American Banker - 12 Sep 2018 05:28
For each of the last three years, Choice Financial has unveiled an elaborate practical joke on April 1 as part of a quirky marketing campaign.
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Nevada's prisons chief testified Tuesday that after more than 200 drug companies refused to supply drugs for use in an execution, a supplier's mistake on a buyers' list gave the …
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Asian stocks slipped to 14-month lows on Wednesday, as investor confidence was chilled by the latest round of verbal threats in an intensifying U.S.-China trade conflict.
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