Business News
Alibaba, Tencent, and Baidu Are Down, Not Out
Barron's - 20 Oct 2018 04:22
Our emerging-markets roundtable assess the prospects for China's three internet giants.
What to Blame as Housing Drags on the Economy
Barron's - 20 Oct 2018 05:46
Higher interest rates aren't the only factors hurting housing.
State supreme court throws tax amendment off ballot
Miami Herald - 20 Oct 2018 08:12
The Hawaii Supreme Court on Friday threw off the November ballot a proposed constitutional amendment that would have established a surcharge on investment property to help fund public education. The …
Analyst says James Gorman is Wall Street's new banking king
New York Post - 20 Oct 2018 06:24
Move over Jamie Dimon. Wall Street has a new banking king. A leading analyst anointed Morgan Stanley's chief executive as the new leader of Wall Street on Friday following a gangbusters quarter -- calling an end to the l...
Lying hedgie pleads guilty to securities fraud, will forfeit $13M
New York Post - 20 Oct 2018 05:57
A hedge fund manager who lied about nearly everything to attract investors pleaded guilty to securities fraud Friday. Beginning in 2015, Nicholas Genovese wooed clients into his Willow Creek hedge fund by falsely claimin...
Italy's Debt Rating Is Cut to One Level Above Junk
The New York Times - 20 Oct 2018 04:54
Moody's downgrade followed the government's decision to accept higher budget deficits, a move that prompted a sell-off in Italian 10-year bonds.
EBay sues Amazon, alleging a years-long scheme to poach sellers and dodge detection
L.A. Times - 20 Oct 2018 03:25CEO of mining company tears into analysts during rant
Miami Herald - 20 Oct 2018 02:55
The CEO of a mining company exploded at short-sellers and Wall Street analysts on Friday, saying they don't know how to read financial reports and should quit their jobs. "You …
Apple CEO urges Bloomberg to retract spy chip story
Reuters - 20 Oct 2018 02:49
Apple Inc Chief Executive Tim Cook on Friday told an online news website that Bloomberg should retract a story that claimed Apple's internal computer systems had been infiltrated by malicious computer chips inserted by C...
Grant will help fund STEM after-school program at museum
Miami Herald - 20 Oct 2018 21:16
The Discovery Museum has received a $20,000 grant to help fund an after-school program focusing on science, technology, engineering and math for Bridgeport Public School students. The grant comes from …
Lamont releases tax returns, earned $18 million over 5 years
Miami Herald - 20 Oct 2018 18:20
Two of the three major candidates for Connecticut governor have now released their tax information. Democrat Ned Lamont, a wealthy Greenwich businessman, released partial information Friday about federal and state …
Gas prices decline in New Jersey, around nation
Miami Herald - 20 Oct 2018 17:43
Gas prices have declined in New Jersey and around the nation following some high prices unusual for the season over the past few weeks. AAA Mid-Atlantic says the average price …
Chinese broadens its propaganda drive to heartland America
ABC News - 20 Oct 2018 17:23
Chinese broadens propaganda drive to heartland America with an unusual placement in Iowa paper
Utility Stocks: When Rates Rise It's Time to Buy
Forbes - 20 Oct 2018 17:00Stocks Will Rally More Than 10% in 2019, Big Money Poll Predicts
Barron's - 20 Oct 2018 06:07
Our twice-yearly survey finds professional investors bullish on U.S. equities and economic growth, even with interest rates rising
Under Armour Stock Can Triple. Here's How
Barron's - 20 Oct 2018 06:03
It could be a good time to take a fresh look at Under Armour stock as a contrarian bet--before margins improve and Wall Street warms to the turnaround plan.
1 dead, dozens hurt after tour bus, pickup truck collide
Miami Herald - 20 Oct 2018 05:59
Authorities say one person has died and nearly 40 others have been injured after a tour bus and a pickup truck collided on a central Pennsylvania highway. News outlets report …
Emerging Markets Roundtable: Today's Pain Could Be Tomorrow's Gain
Barron's - 20 Oct 2018 04:53
What to make of stocks' ugly selloff? Our roundtable panelists see values surfacing from China and Russia to Mexico and Brazil.
US backs off plan for drilling on land where rare bird lives
Miami Herald - 20 Oct 2018 03:46
The Trump administration is canceling plans to sell oil and gas drilling rights on public land in Colorado where an imperiled Western bird lives. The U.S. Bureau of Land Management …
Don't Expect Gas Prices to Enjoy the Usual Post-Summer Drop
Barron's - 20 Oct 2018 03:17
U.S. sanctions on Iran, the rift between the U.S. and Saudi Arabia, and possibly higher ethanol content will unsettle gas prices for a while.
How to Play the Boom in Baby Boomers
Barron's - 20 Oct 2018 03:11
After delaying for years, baby boomers finally look like they're ready to retire.
JPMorgan to build a Silicon Valley campus for 1,000 employees
American Banker - 20 Oct 2018 03:07
JPMorgan Chase plans to open a fintech campus in Palo Alto, California, part of the bank's efforts to attract more Silicon Valley talent.