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Business News

Location American Business News for 15 October 2018
Once the biggest retailer in the world, it pioneered everything from home delivery to product testing
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These are the biggest clothing companies in America

Business Insider - 15 Oct 2018 02:50
These are the biggest clothing companies in America Facebook/The North Face America's biggest apparel and footwear retailers rake in a massive amount of revenue each year. Companies such as Nike andTJ Maxx are dominating the US retail landscape. This list of the top retai...
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BofA looks to fill CRE lending void

American Banker - 15 Oct 2018 23:07
Bank of America is showing more interest in commercial real estate lending while other lenders are pulling back, executives said. But they also said that they learned their lesson from the financial crisis and will proce...
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Sajjan Jindal keen to buy out stressed hydroelectric plants For JSW Energy to be interested in project on the block, it would have to be upwards to 200MW in capacity
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The great battle for Indian steel

livemint.com - 15 Oct 2018 07:12
The great battle for Indian steel A fourth of India's steel production capacity is up for grabs. Which steel magnate will come on top and why does it matter?
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Ford boss warns on 'disastrous' no-deal Brexit The car giant's European boss says a no-deal Brexit could affect Ford's UK investment plans.
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Asian stocks slip on continuing global trade worries

Miami Herald - 15 Oct 2018 06:48
Asian stocks slipped Monday, as investor worries continued about global trade tensions and prospects for economic growth. KEEPING SCORE: Japan's benchmark Nikkei 225 dipped 1.2 percent to 22,426.32, while Australia's …...
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Sears Holdings Corp CEO Eddie Lampert has stepped in to contribute toward a financing package of between $500 million and $600 million that the U.S. department store operator was close to securing on Sunday to fund opera...
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Asian stock markets lost ground in early trading Monday following Friday's regional bounce that eased last week's pain.
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Burger King is America’s fastest drive-thru chain, new study shows America's fastest drive-thru chain of 2018 will not only shock you, but probably cause a fight among friends. Nathan Rousseau Smith has the results.        
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President Donald Trump predicted climate change would fix itself, said he knows more about NATO that Defense Secretary Jim Mattis and claimed the European Union was formed to take advantage of the U.S. in a wide-ranging ...
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JP Morgan & Chase Co Chief Executive Jamie Dimon and Ford Motor Co Chairman Bill Ford canceled plans to attend a Saudi investor conference, the companies said on Sunday, the latest such high-profile announcements after t...
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Cloud communications provider Twilio Inc said on Monday it would buy email marketing provider SendGrid Inc in an all-stock deal valued at about $2 billion.
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Fidelity Investments has launched a new company for its institutional clients that will trade and store digital assets such as bitcoin, the asset manager said on Monday.
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Gov. Scott Walker said Monday that if he's re-elected, he'll increase state funding for schools to two-thirds of their total costs, echoing a pledge made this summer by his Democratic …
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BofA's loans rise 1.4%, but margins exceed expectations

American Banker - 15 Oct 2018 19:07
Net income soared 32% thanks to higher interest rates that contributed to a wider net interest margin and its most interest income in a quarter in years.
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Add beer to chocolate , coffee and wine as some of life's little pleasures that global warming will make scarcer and costlier, scientists say. Increasing bouts of extreme heat waves …
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Why Marketers Don't Need to Worry About Contributing to Gen Z's Alleged Tech Addiction At a time when so much attention is being given to the negative side of teens' relationships with technology (i.e., tech addiction, isolation from the outside world, moody and impetuous behaviors), our 2018 Gen Z Passion...
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Saudi connections become personal for Laurene Powell Jobs and The Atlantic Jamal Khashoggi's disappearance has become a litmus test for business leaders, but some ties are more nuanced -- and perhaps more complicated.
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Even doubling how much American workers earn per hour would still leave millions struggling to get by
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Rising interest rates in a growing economy is helping regional banks.
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Half million dollar French wine smashes auction record A rare bottle of Burgundy wine sold at auction for 17 times the estimated selling price! Buzz60's TC Newman has more.        
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