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Business News

Location American Business News for 16 October 2018
The credit-card-sized device is designed to help people take a break from their main phone.
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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.
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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 ...
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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.
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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...
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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.
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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.
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Scottish Power to use 100% wind power after Drax sale Drax is paying £702m for the rest of Scottish Power's conventional power generation assets.
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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 …
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Let's look at the real US deficit number

New York Post - 16 Oct 2018 06:25
Let's look at the real US deficit number 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...
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Trump-loving super PAC chairman might buy Tribune Media 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...
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PG&E keeps nearly 60,000 Northern California customers in the dark to reduce wildfire risk Pacific Gas and Electric purposefully shut off electricity to thousands of customers, to prevent a wildfire in Northern California.        
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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. …
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Investors need to be on the lookout for when marijuana stocks have extremely positive sentiment, a contrarian indicator.
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Legal cannabis could be pot of gold

Sky News - 17 Oct 2018 00:21
Legal cannabis could be pot of gold 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.
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Japanese bank Nomura to pay $480M for role in housing crisis Japanese bank Nomura to pay $480 million to US authorities for its alleged role in the housing market bubble
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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 ...
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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.
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How To Trade Johnson & Johnson Using Daily And Weekly Charts Here's how to trade the diverse health care giant post-earnings.
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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...
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Finding Lost Apples and Reviving a Beloved Cider

The New York Times - 16 Oct 2018 19:31
Finding Lost Apples and Reviving a Beloved Cider 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.
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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 …
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