Business News
Bestival owes London Grammar £175,000
BBC - 30 Nov 2018 14:45
The band are part of a list of creditors filed by the festival in its administration papers.
Before You Invest in Mexico, Read This
Barron's - 30 Nov 2018 21:52
Andrés Manuel López Obrador, the nation's new leader, must deal with migrants on the border and potentially budget-busting legislative proposals. Is he up to the task?
Former Autonomy CEO is charged with fraud tied to Hewlett-Packard deal
L.A. Times - 30 Nov 2018 05:00Trade deal possible at G20 but Chinese paper says U.S. must be 'fair minded'
Reuters - 30 Nov 2018 04:49
China and the United States can reach a trade agreement at the G20 meeting in Argentina this week, the state-run China Daily newspaper said in an editorial on Friday, but Washington must be "fair minded" if it wants to d...
Holiday's hot toys already in short supply at big-box retailers
New York Post - 30 Nov 2018 04:17
The disappearance of Toys 'R' Us has left a big, empty hole in the US toy industry -- and retailers are already falling behind in a scramble to fill it. Toy supplies at Walmart, Target and Amazon are looking spotty six m...
Oil prices edge up on expected OPEC output cuts, but swelling U.S. supply caps gains
Reuters - 30 Nov 2018 04:11
Oil prices firmed on Friday as traders expected OPEC and Russia to agree on production cuts next week, although swelling U.S. supplies kept markets in check.
Venezuela's president boosts wages, compares Trump to Hitler
Miami Herald - 30 Nov 2018 03:45
Venezuela's socialist president boosted the minimum wage 150 percent Thursday to combat what he called an economic war being waged by the United States as he compared U.S. President Donald …
Samsung Elec says it will cancel $4.4 billion worth of shares
Reuters - 30 Nov 2018 03:33
Samsung Electronics Co Ltd said on Friday it would cancel 4.9 trillion won ($4.4 billion) worth of its shares.
Are You An Imitator Or An Initiator?
Forbes - 30 Nov 2018 22:04
Eye-opening research suggests ways for us to become effective idea initiators, rather than imitators.
CECL will strengthen, not hinder, financial system
American Banker - 30 Nov 2018 17:23
Banks have criticized the new accounting standard, but it would likely soften future bubbles and reduce subsequent credit crunches by requiring that reserves be held upfront when loans are made.
Deutsche Bank raid pulls CEO Sewing deeper into 'vicious circle'
American Banker - 30 Nov 2018 17:23
The new CEO is trapped in the same feedback loop of negative news, rising funding costs and declining revenue that foiled his predecessor.
Project Syndicate: Ex-ECB research director warns EU could soon face twin crises
Market Watch - 30 Nov 2018 17:19
European Union risks an economic crisis as well as a political one.
U.S.-China dispute casts shadow as world leaders gather in Argentina
Reuters - 30 Nov 2018 17:18
The leaders of the world's top economies gathered in Argentina on Friday for talks overshadowed by a U.S.-China trade war that has roiled global markets, bracing for the kind of geopolitical drama U.S. President Donald T...
U.S., Canada, Mexico sign trade deal, Trump predicts Congress approval
Reuters - 30 Nov 2018 17:17
The United States, Canada and Mexico signed a North American trade pact on Friday, and President Donald Trump predicted an easy passage through U.S. Congress to approve the deal, despite opposition from some lawmakers.
Stocks waver before trade meeting; oil prices fall again
ABC News - 30 Nov 2018 17:15
Stocks are little changed ahead of a meeting between President Donald Trump and Chinese President Xi Jinping, where investors hope to see signs of progress in the U.S.-China trade dispute
Wall St. treads water ahead of high-stakes U.S.-China trade meeting
Reuters - 30 Nov 2018 17:12
U.S. stocks treaded water on Friday heading into a U.S.-China trade meeting on the sidelines of the G20 Summit, whose outcome would decide the fate of the ongoing trade dispute that has roiled financial markets.
JetBlue will gift wrap you and deliver you for the holidays
USA Today - 30 Nov 2018 17:08
The season of giving is upon us, and there’s nothing better you could give than yourself! Buzz60's Maria Mercedes Galuppo has more.
Marriott says as many as 500 million Starwood guests' data may have been breached
USA Today - 30 Nov 2018 17:04
Marriott says a data breach allowed access to a database of information on as many as 500 million customers who have stayed at a Starwood property.
Could Your Small Business Use an Autonomous, Wireless Underwater Drone?
Small Business Trends - 30 Nov 2018 17:00
The iBubble underwater drone now captures your experience hands-free and underwater. What can your small business do with this tool?
U.S. appeals court upholds Sprint patent verdict against Time Warner Cable
Reuters - 30 Nov 2018 16:56
A U.S. appeals court on Friday upheld a roughly $140 million jury verdict in favor of Sprint Corp in its lawsuit accusing Time Warner Cable Inc, part of Charter Communications Inc, of using patented technology without au...
Bank of England defends £100,000 summer party
The Guardian - 30 Nov 2018 16:51
London bash for staff and families was budgeted for carefully, Bank says The Bank of England has defended spending £100,000 on its summer party, saying it "carefully budgeted" for the lavish event. The governor, Mark Ca...
Key player in $19M stock fraud scheme gets 3 months
Miami Herald - 30 Nov 2018 16:49
A key player in a stock fraud scheme that cheated about 12,000 investors out of $19 million has been sentenced to three months in prison. Federal prosecutors in Connecticut say …