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Business News

Location American Business News for 29 November 2018
General Motors' No. 2 executive is moving from Motor City to Silicon Valley to run the automaker's self-driving car operations as it attempts to cash in on its bet that …
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There are only two options to avoid a collapse of the Social Security system, writes Martin Feldstein.
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Gold prices fall further today but silver rates recover Gold prices today fell to Rs 31,540 per 10 gram, after falling over 300 over two days.
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Patagonia Donates $10 Million Tax Break To Green Groups, Says Trump 'Irresponsible' "We're giving our $10 million tax cut back to the planet," the company said.
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These are the fundamental events plaguing the stock market Donald Trump likes to negotiate. And by that I mean that he likes to argue. But you've probably already figured that out during the first two years of his presidency. This is a special week for the president, who is sche...
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Volkswagen is deciding where to locate a new factory in North America to build electric vehicles for the U.S. market, the German automaker's new head for the Americas said on Wednesday.
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The U.S. Army said on Wednesday that it has awarded Microsoft Corp a $479.2 million contract to supply prototypes for the Army's augmented reality systems helping soldiers in training and combat missions.
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U.S. Stresses Plan to Raise Tariffs on Chinese Cars

The New York Times - 29 Nov 2018 03:01
U.S. Stresses Plan to Raise Tariffs on Chinese Cars Trump administration officials are trying to pressure Beijing to ease trade restrictions before the president and his counterpart meet this week.
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Britain's biggest carmaker Jaguar Land Rover is to reduce the workforce at its plant in Wolverhampton, central England, by about 500 in a temporary move, it said on Thursday.
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These cities have the most favorable conditions, including growing job markets and low median home prices.
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The latest on developments in financial markets (all times local): 9:35 a.m. Banks and technology companies are leading stock indexes slightly lower in early trading on Wall Street. Bank of …
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U.S. stocks opened lower on Thursday as investors took a cautious stance in the run up to U.S.-China trade talks at the upcoming G20 Summit after President Donald Trump said there was "a long way to go" on tariffs with B...
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Titan Machinery: Fiscal 3Q Earnings Snapshot

Miami Herald - 29 Nov 2018 16:38
Titan Machinery Inc. (TITN) on Thursday reported fiscal third-quarter earnings of $10.8 million. On a per-share basis, the West Fargo, North Dakota-based company said it had profit of 48 cents. …
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Falling Oil Prices May Make Trump Happy but They Pose Risks for U.S. While falling prices help consumers, another big decline of the kind the president is seeking could hurt the economy in oil-producing states like Texas.
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Deutsche Bank offices raided in money-laundering probe

New York Post - 29 Nov 2018 16:27
Deutsche Bank offices raided in money-laundering probe Police raided six Deutsche Bank offices in and around Frankfurt on Thursday over money laundering allegations linked to the “Panama Papers,” the public prosecutor’s office in Germany’s financial capital said. Inv...
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BMW CEO talks Brexit, future of electric cars

USA Today - 29 Nov 2018 16:25
BMW CEO talks Brexit, future of electric cars BMW announced its fully electric, fully autonomous concept car this week at the Los Angeles Auto Show. In an interview with The Associated Press, CEO Harald Krueger discussed Brexit and the future of electric vehicles. (...
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Analysts Anticipate 17% Gains Ahead For The Invesco S&P 500 Pure Growth ETF For the Invesco S&P 500® Pure Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $128.51 per unit.
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German pharmaceutical giant Bayer AG says it's cutting 12,000 jobs worldwide as it seeks to reduce costs. The Leverkusen-based company said Thursday that details of the cuts to its 118,200-stong …
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Payless sold its discount shoes for $600 a pair at mock luxury influencer event Troubled footwear maker Payless staged a luxury influencer event at "Palessi" where attendees paid hundreds for its "rebranded" discount-priced shoes.        
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BitTorrent owner Tron announced it will invest $100 million in blockchain games over the next three years.
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Wall Street was set to dip at the open on Thursday following a rally led by Federal Reserve Chair Jerome Powell's dovish comments, with investors taking a cautious stance in the run up to the U.S.-China trade talk at the...
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US consumer spending up strong 0.6 percent in October US consumer spending rises strong 0.6 percent in October, while incomes up solid 0.5 percent
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