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Business News

Location American Business News for 23 November 2018
Kaya undergoes brand revamp to target young consumers Company drops 'Skin' from its brand name, invests Rs 15 crore in revamping its clinics, besides introducing hair-care treatments, including spas and transplants
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Fashion designers say their Instagram feeds were hacked after marketing videos and messages are criticized as racist
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Samsung apologises to sick factory workers The formal apology comes after a long battle to win compensation for sick Samsung factory staff.
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'Most' internships unpaid in retailing and the arts The vast majority of graduate internships in retail, arts and the media are not paid, research suggests.
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Urban Ladder eyes profitability by next December, IPO in 3 years Starting next quarter, Urban Ladder will start issuing financial statements to potential new investors, among others.
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Oil fell to its lowest level in more than a year on Friday on continued concerns about a rising global surplus, even as producers considered cutting output to curb supply.
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Consulting chief leads race to run Deloitte

Sky News - 23 Nov 2018 11:56
Consulting chief leads race to run Deloitte The head of Deloitte's consulting business is poised to land the top job at the 'big four' accountancy firm, a mandate that will be dominated by impending reforms to the profession following a string of corporate scandal...
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InvenTel showing interest in buying bankrupt Ronco

New York Post - 23 Nov 2018 22:41
InvenTel showing interest in buying bankrupt Ronco The Showtime Rotisserie oven may be joining forces with the maker of the 20 Minute White Smile. Ronco -- whose late-night TV spots hawked the rotisserie oven, Veg-O-Matic, and other quirky products over the past half-cen...
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Oil prices slumped more than 6 percent to the lowest in more than a year on Friday amid fears of a supply glut even as major producers consider cutting output.
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One of the oldest (and largest) AI and machine learning conferences of the year -- NeurIPS, formerly NIPS -- is nearly upon us. Here's what to expect.
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Properties for sale for around £500,000

MoneyWeek - 23 Nov 2018 10:30
From a 17th-century house built in Dunoon for the Duke of Argyll, to a house overlooking the River Rea in Neen Sollars, Shropshire The post Properties for sale for around £500,000 was first published on MoneyWeek.
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Asian stocks fall on risks, while US closes for Thanksgiving Asian stocks mostly lower on risks, without fresh leads from Wall Street on Thanksgiving
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Oil hits 2018 lows on emerging supply glut

Reuters - 23 Nov 2018 07:09
Oil prices slumped to 2018 lows on Friday in thin but volatile trading, pulled down by concerns of an emerging global supply overhang amid a bleak economic outlook.
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Samsung Electronics on Friday apologized for the sickness and deaths of some of its workers, saying it failed to create a safe working environment at its computer chip and display …
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The Fed cannot agree on what they're doing about interest rates This is confusing! Federal Reserve Chairman Jerome Powell said recently that interest rates are a "long way from neutral" and that rates might even have to go beyond neutral. Neutral is the point where borrowing costs ar...
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Trade talks between the United States and China should be equal and mutually beneficial, Chinese Vice Commerce Minister Wang Shouwen said on Friday, adding that he hoped the two countries can find ways to manage their di...
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Big banks are moving regulators out of New York City

New York Post - 23 Nov 2018 03:41
Big banks are moving regulators out of New York City Wall Street doesn't mind hiring compliance officers -- it just wants them a few thousand miles away. New York City has seen an exodus of banks' back-office workers this year -- and can expect to see even more shedding in...
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Warning on 'misleading' Black Friday deals Advertising watchdog days consumers can find it hard to tell if "sale" prices are actually good deals.
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Some stores are open as early as 2 p.m. on Thanksgiving this year.
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Markets Q&A: Stocks slide into another 'correction'

Miami Herald - 23 Nov 2018 23:12
For the second time this year, stocks have gone into what's known on Wall Street as a correction -- a drop of 10 percent or more from a recent high. …
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Netflix originals coming to the streaming platform in December include Alfanso Cuarón's 'Roma,' Andy Serkis's 'Mowgli: Legend of the Jungle,' and 'Dumplin',' starring Jennifer Aniston.
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Shoppers across the United States snapped up deep discounts on toys, clothing and electronics both online and at stores on Black Friday, giving retailers' a strong start to their make-or-break holiday season.
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