Business News
If consultants ran Christmas
The Economist - 18 Dec 2018 18:11
MEMO FROM: Bognor Consulting Group. To: Santa Claus, North Pole HQ, Lapland. Thanks for asking us to have a look at your business model. Our staff have now recovered from their frostbite and have a number of significant ...
Indian technology talent is flocking to Canada
The Economist - 18 Dec 2018 18:11
WHAT WOULD induce a software developer to quit a good job in Silicon Valley and trade California's sunshine for Toronto's wintry skies? For Vikram Rangnekar, born in India and educated in America, the triggers were the r...
Rooftop solar remains marginal in America
The Economist - 18 Dec 2018 18:11
AMERICANS LOVE the concept of rooftop solar, according to opinion polls. Well they might. Large solar farms may be the most cost-efficient way to harvest energy from the sun, but the case for homeowners to put panels on ...
Look Under The Hood: The Invesco S&P 500 Low Volatility ETF Has 10% Upside
Forbes - 18 Dec 2018 16:36Is China playing Trump in the trade negotiations?
New York Post - 18 Dec 2018 05:35
It's called "pretend and extend" by people who watched decades ago the negotiations taking place between the Japanese and the US. Now, some people are wondering if that's what the Chinese are doing to Trump in the two co...
South Korea to provide $3 billion in financial support for troubled auto suppliers
Reuters - 18 Dec 2018 05:35
South Korea unveiled a policy package to support its embattled car parts makers industry that includes providing financial support worth over 3.5 trillion won ($3.10 billion) and encouraging the use of electric cars.
The New York Post: Mueller releases memo on Michael Flynn's interview with FBI
Market Watch - 18 Dec 2018 05:30
Michael Flynn said "I don't remember" when asked by FBI agents about discussing sanctions with a Russian diplomat during Trump's transition to office, according to a memo filed by Special Counsel Robert Mueller that give...
The Wall Street Journal: Goldman Sachs ignored warning signs in ill-fated 1MDB dealings
Market Watch - 18 Dec 2018 05:17
Goldman Sachs Group Inc.'s push for Asian business and lax oversight of partners led the bank to dismiss warning signs in its dealings with a corrupt Malaysian investment fund, internal documents and interviews with peop...
Jack in the Box seeking 'financing alternatives' amid struggles
New York Post - 18 Dec 2018 05:03
Jack in the Box, struggling in the very competitive burger market, is now hoping a buyer will pop up. The 67-year-old fast-food chain has been talking to potential acquirers as it explores "strategic and financing altern...
SEC says Orange County money manager lied to investors, misspent client funds
L.A. Times - 18 Dec 2018 03:15Cut Loose The Corkscrew With Coravin
Forbes - 18 Dec 2018 17:31
Coravin, started by medical device innovator Greg Lambrecht, delivers wine from the bottle to a glass without removing the cork, using a needle and cartridge based system.
Ex-Wilmington Trust president gets six years for hiding bad loans
American Banker - 18 Dec 2018 17:19
Richard Harra was also fined $300,000 for painting a false picture of the bank's financial health at the height of the financial crisis.
Market Snapshot: Dow rises some 300 points as stocks attempt recovery from two days of pummeling
Market Watch - 18 Dec 2018 17:14
U.S. stock indexes are rebounding Tuesday after a multisession rout took the Nasdaq and the S&P 500 to the lowest levels since the autumn of 2017.
Can The Fed Achieve Sustainable Growth And Quit Raising Rates?
Forbes - 18 Dec 2018 17:03
Fears of slowing economic growth have driven financial markets lower, but growth cycles have far more potential than most people realize. How the Fed balances sustainable growth and interest rates will go a long way in d...
The Current Hurdles of eInvoicing Worth Keeping an Eye Out for
Forbes - 18 Dec 2018 16:59
Digital invoicing has its quirks like every other form of digital transaction. Sometimes we may send an invoice to the wrong recipient through pressing the wrong buttons on our keyboards and thus the wrong e-mail address...
Battered Dow, stock market, trade higher as investors look ahead to Fed rate decision
USA Today - 18 Dec 2018 16:54Mexico doubles minimum wage in northern border zones
Miami Herald - 18 Dec 2018 16:51
Mexico's new government is increasing minimum wages across the country by 16 percent and doubling the minimum wage in a narrow stretch of territory along the border with the United …
South Africa eatery ad spoofs colonialism; regulators miffed
Miami Herald - 18 Dec 2018 16:46
A South African restaurant chain has been ordered to withdraw a television commercial deemed to have trivialized the brutal history of colonial rule in Africa. The ad for Chicken Licken …
Trade War Update: Can Stimulus Save China From Trump's Tariffs
Forbes - 18 Dec 2018 16:45Volkswagen may have to step up electric car plans to meet EU CO2 targets
Reuters - 18 Dec 2018 16:39
Volkswagen may have to step up its plans for mass production of electric vehicles in order to meet tougher-than-expected European targets to cut greenhouse emissions from cars, its chief executive said on Tuesday.
Miniaturizing Tech To Let Small Fry Capture, Reuse CO2
Forbes - 18 Dec 2018 16:37
Can hundreds of little guys capture more CO2 faster than a few, massive emitters? That's the central idea behind Austin-based startup Earthly Labs.
The Blade Forgers of New York City
The New Yorker - 18 Dec 2018 14:00
The "Forged in Fire" contestant Frank Sausto walks through the making of his Kukri sword.