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Business News

Location American Business News for 8 October 2018
U.S. Market Sentiment Under Pressure As Rate Worries Linger, Overseas Markets Falter After European and Asian markets fell overnight, the sentiment on Wall Street appears subdued this morning as worries about higher interest rates seem to linger.
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2019: The year cable dies

USA Today - 8 Oct 2018 17:00
2019: The year cable dies This stock could be like buying Netflix for $1.87.        
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A lawyer trying to recover money in a collapsed Ponzi scheme is suing three people who sold the investments, demanding they return more than $16 million in sales commissions. U.S. …
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Dunkin' shares new Halloween, Oreo treats plus a new meaty breakfast sandwich Dunkin' announces $2 iced coffee deal and release of Oreo and Halloween products and the All You Can Meat breakfast sandwich.        
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Energy sector's carbon emissions to grow for second year running IEA head says growth in renewables needs to be paired with coal plant closures Carbon emissions from the energy sector are on track to grow for the second year running, in a major blow to hopes the world might have turne...
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UK economy is 'stuck in a rut' says business body The British Chambers of Commerce says Brexit uncertainty is impacting hiring and exports.
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After Golden Week, China's Stock Market Faces Serious Threats From Washington China investors are back from holidays after a lousy week for U.S. China relations. A new Cold War is bubbling.
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Creditors put Videocon arm's overseas assets on sale A consortium of banks plans to realize at least 50-55%, or $2.5-3 billion, of the total loan value of $4.5 billion that had been lent to VOVL, formerly Videocon Oil Ventures
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Why CEOs Devote So Much Time to Their Hobbies

Harvard Business Review - 8 Oct 2018 20:00
Interviews with triathletes, marathoners, drummers, and more.
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Stocks Appear Set to Fall Further as Bond Yields Stay High

The New York Times - 8 Oct 2018 18:32
Stocks Appear Set to Fall Further as Bond Yields Stay High As investors continue to seek respectable returns in the safety of government bonds, major stock indexes look set to decline for another day.
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Plan for no-deal Brexit crunch, ADS urges Hammond The Treasury should prepare emergency measures to ease a cashflow crisis that could hit companies in the event of a "no-deal" Brexit, the leading body representing Britain's aerospace and defence industry has told Philip...
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Facebook's New Gadget Is a Video-Chat Screen With a Camera That Follows You At a time when trust in its services is eroding, the social network introduced Portal and Portal Plus, its first major effort to build consumer hardware from scratch.
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US stocks dip; European stocks slide on Italy concerns U.S. stocks start lower as technology and energy companies slip while European stocks are taking sharp losses after the Italian government said it will press ahead with its new spending plans
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Markets Right Now: Tech, energy lead US stocks lower Losses for technology and energy stocks are leading U.S. indexes lower in early trading on Wall Street.
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U.S. stocks fell at open on Monday, as a drop in crude prices hurt energy companies and on muted appetite for equities after last week's spike in Treasury yields following healthy economic data.
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Starbucks Corp on Monday named Patrick Grismer as its new chief financial officer, marking another leadership change at the company in the past year as it battles intense competition in a cooling U.S. coffee market.
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The Court of Arbitration for Sport has lifted a provisional ban imposed on one of the two Russian athletes who tested positive for doping at the Pyeongchang Olympics. CAS said …
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CEO’s “all-in” bet will give you goosebumps A star investor is bullish on an incredible tech company.        
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One stock for the coming marijuana boom

USA Today - 8 Oct 2018 17:00
One stock for the coming marijuana boom A little-known Canadian company just unlocked what some experts think could be the key to profiting off the coming marijuana boom.        
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How Much Will China Retail Contribute To Alibaba's Top-Line Growth By Fiscal 2020? Alibaba's stock has fallen 15% through the September quarter, which was in part attributable to founder Jack Ma announcing his departure from the company. In terms of core business metrics, the company has continued to r...
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How This Navient Lawsuit Affects Your Student Loans Here's what the latest Navient lawsuit means for your student loans and student loan forgiveness.
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Who Knew? These Countries Are All Oil Producers

The New York Times - 8 Oct 2018 14:52
Who Knew? These Countries Are All Oil Producers Barbados turns out only 1,000 barrels a day, while Frances produces 16,418.
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