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Business News

Location American Business News for 25 September 2018
Oil markets remained strong on Tuesday, with Brent crude near a four-year high reached the previous session.
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Comcast shares slide over concerns about Sky price tag

New York Post - 25 Sep 2018 04:09
Comcast shares slide over concerns about Sky price tag Shares of Comcast fell 6 percent on Monday, as investors feared the cable giant overpaid for UK pay-TV provider Sky. Comcast outbid rival Fox for the London-based broadcaster by $3.6 billion to win Saturday's three-round...
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Oil markets opened strongly on Tuesday, with Brent crude remaining near a four-year reached the previous session.
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Let's look ahead to the Fed's December meeting

New York Post - 25 Sep 2018 04:24
Let's look ahead to the Fed's December meeting The Federal Reserve's policy committee is meeting Tuesday and Wednesday. But let's not talk about that. Instead, let's jump ahead to the December meeting where there is still a chance -- albeit a small one -- that intere...
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The mass retirement of baby boomers and the growing affluence of women are the biggest disruptive forces in the industry, says Gunjan Kedia. Here's how she's dealing with them.
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Jerome Powell expected to make rare comments this week

New York Post - 25 Sep 2018 03:42
Jerome Powell expected to make rare comments this week This was pointed out to me the other day. Fed chief Powell hardly ever makes comments on economic events outside of his regular official meetings. Well, there will be a press conference Wednesday after the Fed meeting, a...
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Snapchat is partnering with Amazon to let users shop through their smartphone cameras See something out in the world that you want to buy? Now you can just Snap it up. Santa Monica's Snap Inc. announced a partnership with Amazon on Monday that will enable users to point their smartphone cameras at a pair ...
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Starbucks planning layoffs, 'significant changes' to company structure The Seattle-based coffee giant is hoping an organizational shake-up will boost slumping sales.        
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Ernst & Young faces 2nd sexual harassment complaint Accounting firm Ernst & Young hit with second sexual harassment complaint this year
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Small banks' big challenge: Growing deposits

American Banker - 25 Sep 2018 22:07
New data from the FDIC shows that banks with less than $10 billion of assets are ceding deposit share to their larger rivals. What can they do to keep pace?
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Instagram’s loss is not necessarily Snapchat’s gain Instagram’s founders are leaving, but that doesn’t mean Snapchat will suddenly become appealing for Instagram users. News broke last night that Instagram founders, Kevin Systrom and Mike Krieger, are leaving the comp...
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One of the largest business organizations in the U.S. is endorsing Republican Mike Braun in the Indiana Senate race. The U.S. Chamber of Commerce announced Tuesday that it was backing …
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Stacy Bash-Polley, who plays a key role with clients in Goldman Sachs Group Inc's trading business, plans to retire at year-end, according to an internal memo sent on Tuesday.
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Activists seeking to repeal California's gas tax increase are proposing another ballot measure aimed at providing replacement transportation funding and nixing the state's high-speed rail project. Supporters of Propositi...
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Verizon Communications Inc said on Tuesday it is offering voluntary separation buyout packages to thousands of management employees in the United States.
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US consumer confidence rises to 18-year high in September US consumer confidence climbs to 18-year high in September on strong economy
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Arby's-owner Inspire Brands Inc said on Tuesday it would buy Sonic Corp for about $1.57 billion in cash, adding more than 3,600 drive-in restaurants to its portfolio that includes brands such as Buffalo Wild Wings and Ru...
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A story collection by Lauren Groff and a middle grade novel by Jacqueline Woodson are among the finalists for the $50,000 Kirkus Prize. On Tuesday, the trade publication Kirkus Reviews …
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Inspire Brands buys Sonic burger chain for $2.3 billion Arby's owner Inspire Brands buys Sonic burger chain for $2.3 billion
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Analysts Anticipate the iShares Edge MSCI USA Value Factor ETF Will Reach $100 For the iShares Edge MSCI USA Value Factor ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $99.83 per unit.
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Ryanair's CEO says we'll see 'pilot-less planes' in the next 40 to 50 years shutterstock/Evgheni Kim CEO of Ryanair, Michael O'Leary, has predicted that we'll see autonomous aircraft in the next 40 to 50 years. UBS research suggests only 17% of travellers would be willing to fly without a pilot,...
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Flair Writing Industries files IPO papers with Sebi

livemint.com - 25 Sep 2018 11:23
Flair Writing Industries files IPO papers with Sebi The initial public offering comprises equity shares of face value of Rs 10 each of Flair Writing aggregating up to Rs 450 crore, according to the draft red herring prospectus filed with Sebi
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