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Business News

Location American Business News for 8 December 2018
How Subscriptions Are Remaking Corporate America Subscription models are changing the relationship between businesses and their customers. And investors are mostly benefiting.
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A Top Money Manager Sees Rally Nearing Its End Long-term value player Matthew McLennan, who's posted a 9% annual return over 10 years, favors Exxon Mobil, Oracle, and Weyerhaeuser.
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NYSE is 'freaking out' looking for leakers after Post exposé The New York Stock Exchange scrambled to contain the fallout from The Post's exclusive Friday report that revealed a special side deal allowing Morgan Stanley to trade large blocks of stock after the closing bell. Exchan...
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Shoe brands beat a path to downtown L.A.'s 'Sneaker Row' USC freshman Mahmood Alfayoumi, 18, had heard about "Sneaker Row" in downtown Los Angeles, but even this seasoned fan of athletic footwear wasn't prepared for what he found. At a recently opened Jordan-Nike-Footaction co...
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Meet the Tumblr refugees trying to save its adult content from oblivion Tumblr posters of porn and kink fear a ban on naughty content will eviscerate not only their blogs, but the communities they’ve built on the networks. “The internet is for porn,” goes the song from musical Avenue Q...
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Smith & Wesson owner's stock surges on long gun sales bump Shares of Smith & Wesson's parent company, American Outdoor Brands, jumped 15 percent on Friday after the gun maker beat expectations for its second fiscal quarter and raised guidance through January 2019. A 20 percent s...
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Dow Drops 4.5% as the Market Panics Over Everything What's an investor to do? Own high-quality, low-volatility stocks, but most of all, don't chase the market moves, says one strategist.
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Lessons From the Bernie Madoff Fraud, 10 Years Later Sophisticated Ponzi schemes persist even after regulatory changes. Here are some of the warning flags that investors should keep in mind.
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WATCH: Dow down nearly 556 points, more than 4% lower for week It's the worst start to December since 2008, and it's due to fears that the U.S. economy could face a slowdown in 2019.
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Residents and businesses impacted by severe weather and tornadoes this month in central Illinois' Christian County may request waivers of penalties and interest on state taxes if they can't file …
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Uber Technologies filed paperwork this week for its initial public offering, according to people familiar with the matter, as it races with smaller rival Lyft Inc. to be the first to market.
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General Motors' planned shutdown of its Detroit-Hamtramck plant would leave only one auto assembly factory in the city known for "putting America on wheels," but the closure and job losses …
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Forget China: This Will Trigger the Next Massive Rally If you want to grab the biggest gains on offer here, you need to move soon.
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Germany luxury carmaker BMW said on Saturday Alejandro Vukotich will be the new head of its driver assistance and autonomous driving development department from January 2019.
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Vehicles that will make it over 200,000 miles

USA Today - 8 Dec 2018 14:01
Vehicles that will make it over 200,000 miles        
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Delta Air Lines raises drink prices, following a similar hike by American Airlines Only two months after its biggest rival raised drink prices, Delta Air Lines quietly hiked what it charges for most onboard booze by $1. That means that cocktails, imported and craft beer, liquor and wine are now priced ...
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China reported far weaker than expected November exports and imports, showing slower global and domestic demand and raising the possibility authorities will take more measures to keep the country's growth rate from slipp...
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Ethical gifts: let your money work for a small business Entrepreneurs in troubled countries can struggle to find funding - but you can help It's the ethical Christmas gift that offers a financial helping hand to people trying to survive in the toughest conditions. Lendwithcar...
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China exports weaken ahead of US trade talks

Miami Herald - 8 Dec 2018 09:37
China's export growth sank in November as global demand weakened, adding to pressure on Beijing ahead of trade talks with Washington. Exports rose 5.4 percent over a year ago to …
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More harassment allegations surface against Ted Baker CEO There's more to the hugging problem at Ted Baker than what was originally reported. The London-based fashion house -- whose founder and chief executive, Ray Kelvin, has been accused by employees of sexual harassment incl...
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Uber confidentially files for IPO: sources

Reuters - 8 Dec 2018 05:46
Uber Technologies Inc has filed paperwork for an initial public offering, according to three people with knowledge of the matter, taking a step closer to a key milestone for one of the most closely watched and controvers...
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A Guatemalan living in the U.S. illegally who says she faced abusive working conditions as a maid at Donald Trump's New Jersey golf club doesn't regret speaking out, even though …
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