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Business News

Location American Business News for 22 November 2018

Lexmark CEO, president resigns

Miami Herald - 22 Nov 2018 21:22
The president and CEO of Lexmark has resigned just a little more than a year after he took over the Lexington-based company. According to a news release on Tuesday, Rich …
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Royal DSM's Boss Explains How $16B Outfit's 180° Turn Is Reaping Great Returns In an exclusive interview, Feike Sijbesma discusses how his company, so steeped in Dutch coal and chemicals production history, came to be a market leader in food nutrients and biotech.
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Nissan Motor Co will hold a board meeting on Thursday to oust Chairman Carlos Ghosn after the shock arrest of its once-revered leader, starting what could be a long period of uncertainty in its 19-year alliance with Rena...
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Oil prices dipped on Thursday after U.S. crude inventories increased to their highest level since December 2017 amid concerns of an emerging global glut, although an expected supply cut by producer cartel OPEC prevented ...
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What's Next For Bitcoin Prices -- $2,000 Or $10,000? Bitcoin could be heading down to $2,000 or up to $10,000, depending on the forecasting model applied to estimate the digital currency's "intrinsic" or "fair" value.
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Simon Jack and DJ Sideman talk housing

BBC - 22 Nov 2018 04:17
Simon Jack and DJ Sideman talk housing Radio 1 Xtra DJ Sideman and the BBC's Simon Jack talk housing - and buying a first home.
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Why Switzerland is worried about UK trade after Brexit Switzerland may not be a European Union member - but has good reason to closely watch Brexit proceedings.
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A New Jersey man who operated a long-running scheme to defraud investment clients out of millions of dollars has been sentenced to more than eight years in prison. Scott Newsholme …
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A race by aerospace giants Rolls-Royce and Airbus to stockpile parts before Brexit is pushing some small suppliers to breaking point.
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A southern Indiana county's commissioners are backing a draft state air permit for a proposed $2.5 billion coal-to-diesel plant. The Spencer County Commissioners voted 2-1 this week for a resolution …
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Nissan Motor board fires Carlos Ghosn as chairman following arrest Nissan Motor Co. fired Carlos Ghosn as chairman Thursday, curtailing the powerful executive's nearly two-decade reign at the Japanese automaker after his arrest for alleged financial improprieties. In an hours-long meeti...
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$1M donated for nursing programs at Kearney center

Miami Herald - 22 Nov 2018 18:25
Central Community College has received an anonymous donation of $1 million for its nursing programs in Kearney. The $1 million gift will be allocated over five years and will pay …
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Nissan votes unanimously to fire Carlos Ghosn after shocking arrest YOKOHAMA, Japan/PARIS – Nissan Motor Co's board voted unanimously to oust Chairman Carlos Ghosn on Thursday after the shock arrest of the industry heavyweight, ushering in a period of uncertainty for its 19-year allian...
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5 Timeless Life & Market Lessons From Leo Melamed One of the best ways to get ahead in life is to model yourself (and learn) from the most successful people in your field. In early November, 2018, I had the great honor and great fortune to interview Mr. Leo Melamed, a l...
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European stocks wilt after tech reboot fails

Reuters - 22 Nov 2018 17:49
Europe's share markets drooped back into the red on Thursday, as investor worries about slowing global growth in the face of rising U.S. interest rates and trade tensions outweighed crucial Brexit progress.
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Board of Japanese automaker Nissan fires Carlos Ghosn as chairman Ghosn and another executive, Greg Kelly, were also dismissed as representative directors at an emergency meeting at the company headquarters in Yokohama.        
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Why More Trouble Is Ahead For Stocks

Forbes - 22 Nov 2018 16:41
Why More Trouble Is Ahead For Stocks European stocks do look more attractive from a valuation perspective and there is a strong case for the bulls to get involved. However, this could change if the current scenario becomes a reality.
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In The Hunt For Growth, Digital Banks Are Embracing The High Street Digital banks Monzo and Starling are heading back to the high street to reach more customers with missing services like cash deposits.
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Chinese e-commerce sites have removed Dolce & Gabbana products amid a spiralling backlash against an advertising campaign that was decried as racist by celebrities and on social media.
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After broad early gains, Asian stock markets have started struggling for direction with thin action amid the Thanksgiving holiday in the U.S.
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Before joining the Justice Department, acting Attorney General Matthew Whitaker earned more than $1.2 million from a right-leaning nonprofit that doesn't disclose its donors, according to the nonprofit's tax filings. …...
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Amazon Grants Australians Access to Its Main Site

The New York Times - 22 Nov 2018 06:22
The online retailer will make products from its main website available, reversing a decision that angered its customers earlier this year.
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