Business News
Tiny Palm smartphone baffles gadget fans
BBC - 16 Oct 2018 15:29
The credit-card-sized device is designed to help people take a break from their main phone.
As digital banks proliferate, so do risks
American Banker - 16 Oct 2018 03:08
Banks looking to build online-only affiliates to turbocharge deposit-gathering can expect intense competition and heightened regulatory scrutiny.
Google will charge Android device makers a licensing fee to preinstall its apps in Europe
Venture Beat - 16 Oct 2018 22:00
Google has announced that is shaking up how its suite of apps are distributed through Android in Europe. The news comes after the Alphabet subsidiary was hit with a $5 billion fine by EU antitrust regulators, though the ...
U.S. job openings hit record high of 7.14 million
Reuters - 16 Oct 2018 19:00
U.S. job openings jumped to a record high in August, far outpacing a rise in hiring, suggesting that companies could be increasingly having difficulties finding qualified workers.
U.S. judge approves SEC settlement with Tesla, Musk; shares jump
Reuters - 16 Oct 2018 23:35
A U.S. judge on Tuesday approved a settlement between a federal regulator, Tesla Inc and its chief executive officer, Elon Musk, over his tweets promising to take the company private, signaling an end to a tumultuous per...
Walmart warns it will 'test a lot, fail a lot;' cuts profit forecast
Reuters - 16 Oct 2018 20:21
Walmart Inc's chief executive officer on Tuesday urged investors to rethink the company's business, touting its various tech investments to grow online sales at a time it is battling Amazon.com for market share.
Need to Know: Why stocks are nowhere near a bear market and ready for a reboot, says trader
Market Watch - 16 Oct 2018 15:39
Stocks look ready to ramp higher on Tuesday, but some investors may still be a bit wary after last week's mini meltdown. Our call of the day says push those bear-market thoughts to the back of your mind.
Scottish Power to use 100% wind power after Drax sale
BBC - 16 Oct 2018 11:57
Drax is paying £702m for the rest of Scottish Power's conventional power generation assets.
Microsoft co-founder, philanthropist Paul Allen dies at 65
Miami Herald - 16 Oct 2018 07:03
Paul G. Allen, who co-founded Microsoft with his childhood friend Bill Gates before becoming a billionaire philanthropist who invested in conservation, space travel, arts and culture and professional sports, died …
Let's look at the real US deficit number
New York Post - 16 Oct 2018 06:25
The US government said Monday that its deficit rose by 17 percent in its 2017 fiscal year that ended in September, as Washington spent $779 billion more than it collected in taxes. But let's look at the real number, whic...
Trump-loving super PAC chairman might buy Tribune Media
New York Post - 16 Oct 2018 06:10
Tribune Media and its 42 TV stations have a new suitor -- and this one likes President Trump, too. The owner of local TV stations like WPIX in New York and WGN in Chicago is expected to get a buyout bid from Tom Hicks Jr...
PG&E keeps nearly 60,000 Northern California customers in the dark to reduce wildfire risk
USA Today - 16 Oct 2018 06:00IRS offering Hurricane Michael victims relief in the form of a tax extension
Miami Herald - 16 Oct 2018 04:31
For the 16 Florida counties that FEMA declared a Major Disaster because of Hurricane Michael, the Internal Revenue Service is offering some relief in the form of a tax extension. …
What could hurt marijuana stocks? Too much love from investors
Market Watch - 17 Oct 2018 01:25
Investors need to be on the lookout for when marijuana stocks have extremely positive sentiment, a contrarian indicator.
Legal cannabis could be pot of gold
Sky News - 17 Oct 2018 00:21
Today, Canada is making history - after 95 years of prohibition it is now the second country in the world to legalise cannabis for recreational use.
Japanese bank Nomura to pay $480M for role in housing crisis
ABC News - 16 Oct 2018 23:41
Japanese bank Nomura to pay $480 million to US authorities for its alleged role in the housing market bubble
Walmart CEO points to new company culture, cuts profit forecast
Reuters - 16 Oct 2018 23:08
Walmart Inc's chief executive officer on Tuesday urged investors to revise their view of the company's business, touting its tech investments to grow online sales at a time that Walmart is battling Amazon.com for market ...
Cannabis Watch: Marijuana stocks to watch: Aphria is positioning itself as a low-cost pot producer
Market Watch - 16 Oct 2018 23:04
Founded by two greenhouse operating veterans in the farming town of Leamington, Ontario, Aphria Inc. has grown into a company with a market of more than $6 billion thanks to a focus on cheaper production of cannabis.
How To Trade Johnson & Johnson Using Daily And Weekly Charts
Forbes - 16 Oct 2018 22:32
Here's how to trade the diverse health care giant post-earnings.
Arm's Neoverse will be the infrastructure for a trillion intelligent devices
Venture Beat - 16 Oct 2018 21:30
Arm is introducing something called the Arm Neoverse, a cloud-to-edge infrastructure to support a world with a trillion intelligent devices. I suppose you can call this optimistic brand name the logical extreme of the in...
Finding Lost Apples and Reviving a Beloved Cider
The New York Times - 16 Oct 2018 19:31
George Washington was among the many fans of Newark cider, a long-missing treat now being recreated by a former ad man on a mission.
Egyptian president urges Russia to resume flights to resorts
Miami Herald - 16 Oct 2018 19:11
Egyptian President Abdel-Fattah el-Sissi is urging Russia to resume direct flights to Egyptian resorts. Moscow suspended such flights after a hidden bomb brought a Russian passenger plane down over Sinai …