Business News
Who's in the Middle of a Spat Between the U.S. and China? Canada
The New York Times - 14 Dec 2018 02:23
Canada is in a tricky spot, boxed in the middle between its two largest trading partners, and worried about having to choose sides.
Oprah Winfrey hasn't pulled her weight at WW: analysts
New York Post - 14 Dec 2018 05:05
Oprah Winfrey hasn't just slimmed down with Weight Watchers -- she's slimmed down her role as the company's spokeswoman. That's the concern from Wall Street analysts, who fret that the billionaire media mogul has grown i...
America, Not China, Is The Largest 'Donor' To Africa
Forbes - 14 Dec 2018 03:31
America's donor leadership in Africa is certainly in sharp contrast with China's claim that it has saved Africa.
Travellers see pound close to dollar parity
BBC - 14 Dec 2018 02:01
Airport currency exchanges are offering rates as low as $1.05 for a pound
Costco margin dip overshadows sales beat, shares slide
Reuters - 14 Dec 2018 01:43
Costco Wholesale Corp's gross margins fell in the first quarter, as the warehouse operator paid higher wages, ramped up investments in its online business and cut prices amid intense competition in the grocery industry.
Panama Canal consortium ordered to repay $847M in advances
Miami Herald - 14 Dec 2018 00:51
An international arbitration panel has ruled the Spanish-led consortium that built the expansion of the Panama Canal must repay $847 million in advances it received during the construction project. A …
Brexit has more to do with elitism than outrage over immigrants
Business Insider - 14 Dec 2018 00:37
Reuters While Prime Minister Theresa May survived a no-confidence vote on Wednesday, Brexit's future remains uncertain. Initially, the UK loved the idea of opening up Britain to the world and fostering business opportuni...
How Bob Eisiminger Brings Vision To His Role As CEO
Forbes - 14 Dec 2018 21:52
When Knight Point Systems CEO, Bob Eisiminger, realized that outdated recruiting practices were costing his company up to $75,000 a month, along with a host of downrange effects, he launched a campaign to solve the probl...
Trade War With China Hits Small Amazon Sellers
Small Business Trends - 14 Dec 2018 17:00
Here is how the current trade war impact on Amazon sellers is affecting small businesses that are trying to sell things via the ecommerce giant.
Insolvent Air Berlin's administrator sues Etihad for up 2 billion euros
Reuters - 14 Dec 2018 16:51
German airline Air Berlin's insolvency administrator is suing Abu Dhabi's Etihad, its former owner, for damages of up 2 billion euros ($2.26 billion), a Berlin court said on Friday.
Johnson & Johnson Knew About Asbestos In Baby Powder, Didn't Report To FDA
The Huffington Post - 14 Dec 2018 16:47
The earliest mentions of tainted J&J talc that Reuters found come from 1957 and 1958 reports by a consulting lab.
Weak economic data send world stocks tumbling
Reuters - 14 Dec 2018 16:45
Stocks worldwide tumbled on Friday after weak economic data from China and Europe fanned concerns of a global economic slowdown and left investors fretting over the wider impact of a still-unresolved Sino-U.S. trade disp...
Markets Right Now: Concerns about China's economy hit stocks
ABC News - 14 Dec 2018 16:41
U.S. stocks are falling after new reports raised more concerns about China's economy. Markets were also lower in Europe and Asia.
US industrial production climbed 0.6 percent in November
ABC News - 14 Dec 2018 16:29
US industrial production climbed 0.6 percent in November on surging output at mines, utilities
Single women are buying homes more than single men
USA Today - 14 Dec 2018 16:29
Single women in America are taking homeownership pretty seriously. Veuer's Natasha Abellard has the story.
Jury awards $1M to family of Chicago man shot by police
Miami Herald - 14 Dec 2018 16:29
A jury has awarded more than $1 million to the family of a man fatally shot by a Chicago police officer. Attorneys representing relatives of Alfontish Cockerham said in a …
Environmentalists say 11 Georgia coal plants leaking
Miami Herald - 14 Dec 2018 16:19
A study by environmental groups says 11 coal powered plants in Georgia are leaking chemicals into ground water. The Atlanta Journal Constitution reported the Environmental Integrity Project and Earthjustice released …
Culling Unstable Coins - Crypto Correction Or Market Crash?
Forbes - 14 Dec 2018 16:11
2018 has proven to be a year of crypto corrections, where blockchain has come out of beta and billions in market losses have culled unstable coins, illicit funding schemes and vaporware projects. From this correction, li...
Heat's rising on Deutsche Bank; foreign banks get tax relief
American Banker - 14 Dec 2018 16:07
Two U.S. senators demand an investigation into the German bank over security, criminal risks; the Treasury has proposed rules to help foreign banks deal with last year's tax law.
Study: When Leaders Take Sexual Harassment Seriously, So Do Employees
Harvard Business Review - 14 Dec 2018 16:00
It’s on management to set the tone.
Three Psychological Biases That Prevent Effective Financial Management
Forbes - 14 Dec 2018 16:00
Understanding these common biases, as well as practicing humility, is a must for financial managers.
Amazon-owned Whole Foods ends partnership with Instacart
USA Today - 14 Dec 2018 15:59
The move comes a little over a year after Amazon acquired Whole Foods for $13.7 billion.Amazon has its own delivery service called AmazonFresh.