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Business News

Location American Business News for 27 October 2018
After a Slide in Chinese Stocks, Where to Look for Bargains Valuations are low and earnings for Chinese companies are expected to grow robustly. But there are risks in Beijing's efforts to stimulate the economy.
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S&P 500 Drops 3.9% -- Is It Time to Panic?

Barron's - 27 Oct 2018 03:57
S&P 500 Drops 3.9% -- Is It Time to Panic? What caused the selloff? "You can circle any one of 15 different things," says a strategist. Here's why some investors are buying now.
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A northeast Mississippi housing authority will spend $8.5 million to tear down 24 existing buildings and replace them with 48 new units. Aberdeen Housing Authority Director Denise Dobbs tells WTVA-TV …
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Epic Games, maker of Fortnite, raises $1.25 billion from venture capitalists and real-world sports backers Epic Games, the maker of the wildly popular online battle royal game "Fortnite," announced Friday that it had raised $1.25 billion from a group that included several big-name sports team owners. The financing comes as in...
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How to Bet on a Value-Stock Revival

Barron's - 27 Oct 2018 02:43
How to Bet on a Value-Stock Revival Value could be poised to lead the market after a long period of dominance by growth stocks. The challenge for investors: Which value measure is best?
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The 'Motto' of the new Hilton hotel brand is small but hip The latest hotel brand by Hilton was introduced last week with a string of well-worn cliches: "a fresh approach to modern travel culture" and "a micro-hotel with an urban vibe." The new brand, dubbed Motto, will offer ro...
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Lingerie brand calls for boycott of Victoria's Secret Fashion Show Taking potshots at Victoria's Secret has become a rite of passage for its upstart lingerie rivals. The latest salvo was fired by ThirdLove, a lingerie maker that counts former Victoria's Secret Chief Executive Lori Greel...
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Why Bank of America's Conservative Approach Is Good for Its Shares The big bank stocks have been hit hard. But Bank of America has a collection of strong businesses that are valued cheaply.
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Forget Amazon and Google. Chip Stocks Are the Problem. While earnings from Tesla, Amazon, and Google-parent Alphabet received most of the attention, a series of less exciting semiconductor reports may hold the keys to where the market goes next.
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Pumpkin prices rise as East Coast harvest shrinks

New York Post - 27 Oct 2018 04:02
Pumpkin prices rise as East Coast harvest shrinks These prices are scary. After a long, wet summer drowned out many crops, the specter of inflation is haunting East Coast pumpkin patches this season, with some growers experiencing shortages so extreme, they're importing...
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A new state law is designed to help public schools screen students for dyslexia and help them overcome the reading disorder. Republican Gov. Charlie Baker has signed into law the …
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A Mississippi city hopes to finish an amphitheater in the next 18 months, but is looking to lawmakers for state money or permission to resume collecting a tax. Columbus City …
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We found out why more satellite customers cut cord - higher fees Over 1 million pay TV subscriptions have been lost by the satellite and cable companies so far in 2018, as more cable alternatives become popular, or people just use Netflix or Hulu to be entertained instead.       ...
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Investors for years have seemingly adored technology stocks as much as most people love their smartphones. But Wall Street has suddenly soured on Silicon Valley and the rest of tech, …
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This Time It's Different For NASDAQ

Forbes - 27 Oct 2018 17:54
This Time It's Different For NASDAQ Popular stock momentum is driven by revenue and earnings growth rather than plain air back in the late 1990s.
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Savings plans shortchange public-school teachers. Here's how to fix it It's no secret that public-school teachers are paid too little, or that the problem won't be remedied overnight. But there is something the U.S. can do right now to give teachers a more prosperous future, and the cost to...
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New UltraFICO score could boost credit access for consumers. Here's how it will work A new FICO credit score, launching in 2019, could be good news for consumers who don’t quite have the credit scores they need to qualify for a loan.        
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Italy's premier has welcomed Standard & Poor's decision to maintain Italy's rating while still lowering the financial outlook for the country to "negative" from "stable." Premier Giuseppe Conte said Saturday …
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The bull market for dividends is still strong: A Foolish Take U.S. companies are flush with cash, and they've been more likely to return it to their shareholders through either dividends or stock repurchases.        
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Enrollment beginning on Health Insurance Marketplace

Miami Herald - 27 Oct 2018 18:12
Open enrollment begins Thursday on the Health Insurance Marketplace. The nonprofit organization Nebraska Appleseed says more than 88,000 Nebraskans found their insurance through the Health Insurance Marketplace during th...
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Democrat Gretchen Whitmer says Michigan "deserves better" from the next governor -- improved schools, smoother roads, healthier drinking water -- and her legislative vote to expand health coverage to low-income …
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Dialysis companies have contributed an extraordinary $111 million and counting to defeat a California ballot initiative that would cap their profits, the most any one side has spent on a …
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