Business News
The curse of the Honeycrisp apple
L.A. Times - 9 Nov 2018 02:40Top banks in cyber-attack 'war game'
BBC - 9 Nov 2018 12:18
The Bank of England is testing the UK's ability to withstand a major cyber-attack on financial institutions.
How the teddy bear became a million dollar idea
BBC - 9 Nov 2018 04:08
The BBC's Aaron Heslehurst explains how the teddy bear became a million dollar idea.
Satanist group wants $50M from Netflix for copying demonic goat statue
New York Post - 9 Nov 2018 07:20
A satanist group is suing Netflix and Warner Bros. for $50 million, claiming that the companies unlawfully copied its statue of a demonic goat god for use in the series "The Chilling Adventures of Sabrina." The Satanic T...
Siemens Expects Moderate Growth Next Year
The New York Times - 9 Nov 2018 06:08
Shrugging off global trade tensions, the German conglomerate said it saw limited risks next year and expected sales to increase.
Uber fined $750,000 for letting drivers work after customers complained of drunk driving
L.A. Times - 9 Nov 2018 05:55Oil prices down 20 percent in a month as fundamentals weaken
Reuters - 9 Nov 2018 05:54
Oil markets on Friday remained weak as rising supply and concerns of an economic slowdown pressured prices, with U.S. crude now down by 20 percent since early October.
Initiative Q Won't Solve Bitcoin's Problem
Forbes - 9 Nov 2018 05:05
Initiative Q should be compared with Stellar, not Bitcoin.
Four Forex Tips For Trading Success
Project Eve - 9 Nov 2018 21:50
Rise above the noise in the forex trading market advice arena and use the forex tips below to keep your trades profitable, and your professional career lengthy. Many forex currency traders dive directly into the deep end...
Blankfein was at meeting with accused 1MBD fraudster; UBS hit on two fronts
American Banker - 9 Nov 2018 19:07
The former Goldman CEO is said to be the unnamed executive at a meeting with Asian financier; the bank faces multibillion-dollar penalties in two countries.
Europe Markets: Europe stocks fall along with broad-market slide, poised for weekly skid
Market Watch - 9 Nov 2018 19:05
European stocks head for a losing week, with Friday's session adding to a slide amid jitters over a hawkish U.S. Federal Reserve and disappointment after some big corporations produced poorly received quarterly results.
Former Tesla employee charged with embezzling $9.3 million
USA Today - 9 Nov 2018 19:04
A former Tesla employee has been charged with embezzling around $9.3 million from the company between 2016 and 2017. Veuer's Sam Berman has the full story.
Why the Social Security program will never run out of cash
USA Today - 9 Nov 2018 19:02
The question folks are asking about Social Security, given its many problems, is when, exactly, will it run out of cash? The honest answer: Never.
GE stock price target slashed to $6 from $10 by JPMorgan, lowest of Wall Street analysts
Market Watch - 9 Nov 2018 18:57
General Electric Co. shares slid another 3.4% Friday to put them on track for their lowest level since November of 1994, after JPMorgan analyst Stephen Tusa slashed his stock price target to $6 from $10 and said the comp...
Goodbye, Tampon Tax (at Least for Some)
The New York Times - 9 Nov 2018 18:50
Nevada became the 10th state to eliminate the so-called tampon tax, freeing consumers of sales tax when buying tampons and sanitary pads.
Markets Right Now: Stocks start lower as crude oil falls
ABC News - 9 Nov 2018 18:43
Stocks are falling as energy companies are dragged lower by the continuing plunge in crude oil prices
This Once-Mighty Company's Troubles Don't Bode Well for the U.S. Economy
Lombardi Letter - 9 Nov 2018 18:38
General Electric’s Downsizing Reflects the Tough Reality Facing the U.S. Economy It's hard to believe that General Electric Company (NYSE:GE), the darling of Wall Street in the 1990s, a company that has been synonymous...
Americans are more concerned with data privacy than job creation, study shows
USA Today - 9 Nov 2018 18:29
Americans believe that companies should have a mission that goes beyond the money. The latest Harris Poll data show how people think they're doing.
US wholesale prices jump 0.6 percent, most in 6 years
ABC News - 9 Nov 2018 17:52
US wholesale prices rose 0.6 percent in October, biggest gain in 6 years
UBS sued by U.S. for fraud tied to mortgage-backed securities
American Banker - 9 Nov 2018 07:07
UBS Group sold tens of billions of dollars' worth of residential mortgage-backed securities by "knowingly and repeatedly" making false and fraudulent statements to investors about the loans backing those trusts, the U.S....
Asia stocks pull back from one-month high as Fed tempers rally
Reuters - 9 Nov 2018 06:52
Asian stocks pulled back from a one-month high on Friday as the Federal Reserve appeared poised to deliver another interest rate hike next month, paring gains made earlier this week after U.S. midterm elections triggered...
Disney's Profit Soars, but Focus Remains on Its Coming Streaming Service
The New York Times - 9 Nov 2018 06:25
Despite Disney's record annual profit of $12.6 billion, Wall Street is waiting for its high-risk plan to roll out a streaming service late next year.