Business News
The business behind Michelin stars
BBC - 13 Oct 2018 00:55
The unseen financial influence of the "Oscars of the restaurant industry".
TCS's return to double-digit growth is old hat, but also commendable
livemint.com - 12 Oct 2018 06:02
TCS has grown about 20% in size compared to about two years ago, when it had last grown in double digits
Hugh Hefner's trademark black pajamas, captain's hat will be auctioned to benefit LGBT and marijuana rights
Market Watch - 13 Oct 2018 01:42
Hugh Hefner's black silk pajamas and red smoking jacket, the trademark attire for his Playboy mansion parties, are among a robust lot of ephemera and memorabilia from the late publisher to go up for auction next month.
How Netflix Expanded to 190 Countries in 7 Years
Harvard Business Review - 12 Oct 2018 16:05
The majority of its revenue now comes from outside the U.S.
Can Indian Ocean region power global growth?
livemint.com - 12 Oct 2018 03:18
Sri Lanka-based Lakshman Kadirgamar Institute of International Relations and Strategic Studies analysed the region's economies to show how they could become an engine for global economic growth in a new research paper
Earnings Outlook: IBM earnings: Investors want to see how Watson holds on to AI, machine learning market
Market Watch - 13 Oct 2018 00:03
International Business Machines Corp.'s artificial intelligence product Watson appears to be losing ground to competitors and investors will likely focus on how that's affecting the tech giant's cognitive-solutions busin...
Most S&P 500 stocks are deep in correction territory
Reuters - 12 Oct 2018 23:31
As Wall Street steadied on Friday after its worst two-day slide in eight months, the U.S. stock market remained fragile, with nearly three quarters of the S&P 500's components in correction territory, or worse.
Helping Health Care Workers Avoid Burnout
Harvard Business Review - 12 Oct 2018 21:00
Help them find meaning, and give them room to decompress.
Asia Markets: Stocks in Japan and China fall, but losses at least slow down
Market Watch - 12 Oct 2018 07:02
An uncertain start for some Asian stock markets following Thursday's drubbing evolved into broad gains Friday as trading progressed -- with the notable exceptions of Japan and China. Still, the region will post big weekl...
Rescue plan for Patisserie Valerie
BBC - 12 Oct 2018 19:14
Entrepreneur Luke Johnson, who owns 37% of the firm, has offered up to £20m in the form of loans.
Report: GOP candidate settled sexual discrimination case
Miami Herald - 12 Oct 2018 19:00
The Republican candidate for governor is angrily denouncing suggestions that he mistreated an employee when he fired her after she gave birth. The Maine GOP called a New York Times …
Tech stocks push Wall Street to rebound after two-day slide
New York Post - 12 Oct 2018 18:56
Wall Street climbed more than 1 percent on Friday following its worst two-day slide in eight months, with technology and other high-growth stocks leading a fight back. Ten of the 11 major S&P sectors were higher, led by ...
What is the stock market doing today? Dow opens sharply higher
USA Today - 12 Oct 2018 18:56
Stocks opened higher following a two-day rout that shattered a period of calm on market. The Dow Jones Industrial Average rose more than 350 points.
Walmart Shoppers Will Get Cash Access From PayPal Accounts
Retail Touch Points - 12 Oct 2018 18:41
For the first time, PayPal is letting shoppers get cash from their accounts in a brick-and-mortar store. The payments company will start offering deposit and withdrawal services at Walmart stores. The partnership will al...
Citigroup profit beats on higher bond trading, lower costs
Reuters - 12 Oct 2018 18:36
Citigroup Inc reported a better-than-expected quarterly profit on Friday, helped by lower expenses, higher bond trading revenue and strength in its consumer banking business in Mexico.
Tech stocks lead Wall Street's bounce after two-day slide
Reuters - 12 Oct 2018 18:36
Wall Street climbed more than 1 percent on Friday following its worst two-day slide in eight months, with technology and other high-growth stocks leading a fight back.
How Netflix Expanded to 190 Countries in 8 Years
Harvard Business Review - 12 Oct 2018 16:05
The majority of its revenue now comes from outside the U.S.
Cisco Systems is vulnerable for a further loss of 11%
Forbes - 12 Oct 2018 06:37
Cisco Systems, Inc (NASDAQ: CSCO) is already down by 11% from its recent peak. Elliott Wave analysis of this stock suggests that it could go down by another 11% or more. The trigger will be a close below $45 this week.
WeWork sued over sexual assaults, 'frat-boy culture'
New York Post - 12 Oct 2018 05:42
The "frat-boy culture" at the $20 billion shared-office-space company "WeWork" breeds drunken sexual misconduct, according to a former employee who's suing over multiple alleged attacks. Ruby Anaya, 33, was "director of ...
The Sprawling Piano Odyssey of Igor Levit's "Life"
The New Yorker - 12 Oct 2018 20:00
Alex Ross reviews Igor Levit's "Life," a two-CD album by the formidable piano virtuoso.
Endless tees off with American Golf deal
Sky News - 12 Oct 2018 19:15
The turnaround investor Endless has beaten the Sports Direct tycoon Mike Ashley to the clubhouse by sealing a cut-price takeover of American Golf, the UK’s biggest specialist golf retailer.
U.S.-China trade talks must cover currency, U.S. Treasury chief says
Reuters - 12 Oct 2018 19:02
U.S. Treasury Secretary Steven Mnuchin said on Friday that he told China's central bank chief that currency issues need to be part of any further U.S.-China trade talks and expressed his concerns about the yuan's recent ...