Business News
The most famous picture of Earth ever taken turns 50 today -- here's the fascinating story behind it
Business Insider - 24 Dec 2018 18:11
NASA "Earthrise" is the first image of Earth captured by humans from space. The photo of Earth was taken aboard Apollo 8 on December 24, 1968, by lunar module pilot Bill Anders. The image made people aware of Earth's fra...
Asia Markets: Asian markets mostly lower as investors await Wall Street's next move
Market Watch - 24 Dec 2018 06:17
Asian stocks were mostly lower with light trading on Monday as a Wall Street slump and a partial U.S. government shutdown stemmed holiday cheer.
China imports zero U.S. soybeans in November
NBC News - 24 Dec 2018 16:20
China has leaned on Brazilian imports to replace soybeans from the U.S.
Mnuchin held calls with bank CEOs to discuss market turmoil
NBC News - 24 Dec 2018 05:22Treasury Secretary talks to bank CEOs amid Wall St. jitters
Miami Herald - 24 Dec 2018 02:52
U.S. Treasury Secretary Steven Mnuchin called the CEOs of six major banks Sunday in an apparent attempt to reassure jittery financial markets coming off a turbulent week in the stock …
Metals Stocks: Gold hovers near 6-month high as dollar, stocks struggle
Market Watch - 24 Dec 2018 16:34
Gold futures markets try for fresh six-month highs Monday as bullion marks early gains, underpinned by a weaker dollar.
Wall Street set to open lower in shortened session
Reuters - 24 Dec 2018 16:31
Wall Street was set to open lower in a shortened session on Monday, with investors digesting a slew of news from White House over the weekend amid the benchmark S&P 500's worst December since the Great Depression.
Concord Police surprise shoppers to spend $50,000 gift
Miami Herald - 24 Dec 2018 16:23
Concord Police officers have been surprising shoppers as they seek to spend a generous anonymous donation. The Concord Monitor reports that the police department got $50,000 a few weeks ago …
Dow, stocks poised for lower open Christmas Eve after weekend of Washington, D.C., turmoil
USA Today - 24 Dec 2018 16:18
Stock futures were slightly lower ahead of the market open as investors contend with a rash of Washington drama over the weekend.
Implied iShares Russell 1000 Value ETF Analyst Target Price: $139
Forbes - 24 Dec 2018 15:54Oil falls in line with stricken stock markets
Reuters - 24 Dec 2018 15:52
Oil fell on Monday, in line with another decline across global stock markets, which came under pressure from concern about a U.S. government shutdown and a worsening world economy.
Why Ohio bitcoin tax gimmick is like paying with Beanie Babies
USA Today - 24 Dec 2018 15:06
Will more states follow Ohio in accepting bitcoin for tax payments? Doubtful, given that no one knows what bitcoin will be worth tomorrow.
Norwegian Air shores up its balance sheet
Reuters - 24 Dec 2018 15:01
Norwegian Air announced a $230 million cost savings program on Monday along with steps including the refinancing of one Boeing 787 Dreamliner that the budget airline said would generate more than $30 million in liquidity...
California Inc.: Pot shops do big business, but where to put all that cash?
L.A. Times - 24 Dec 2018 15:00These young entrepreneurs are dreaming big this Christmas
New York Post - 24 Dec 2018 14:58
With the rise of selling platforms like Shopify, Amazon and Etsy, young entrepreneurs are getting an early start at making their mark. Take Zandra Cunningham, of Buffalo, NY, who at age 9 created Zandra Beauty, an all-na...
New Haven airport to offer weekend flight to Charlotte
Miami Herald - 24 Dec 2018 07:18
Tweed New Haven Airport in Connecticut has added a new direct flight to North Carolina. American Airlines launched the flight from New Haven to Charlotte, North Carolina Saturday. The flight …
Oil rises on signs low prices crimping U.S. output though economic worries weigh
Reuters - 24 Dec 2018 06:21
Oil prices rose more than 1 percent on Monday on signs that the recent price plunge may start crimping supply from the U.S., currently the world's biggest oil producer, though concerns about global economy continues to w...
Asian shares mixed on US partial shutdown, Wall Street slump
Miami Herald - 24 Dec 2018 05:40
Asian stocks were mostly lower with light trading on Monday as a Wall Street slump and a partial U.S. government shutdown stemmed holiday cheer. KEEPING SCORE: South Korea's Kospi dropped …
The Wall Street Journal: Trump 'now realizes' he can't fire Fed's Powell, Mulvaney says
Market Watch - 24 Dec 2018 05:35
White House advisers say President Donald Trump doesn't have the authority to remove Federal Reserve Chairman Jerome Powell for raising interest rates, aiming to quell speculation that Trump's anger over monetary policy ...
Retailers Wrapping Up Holidays With Cheer
Wall Street Journal - 24 Dec 2018 04:52
Stores have met the lofty sales expectations set by analysts, showing that many chains continue to reap the benefits of a strong U.S. economy and rising consumer confidence. Delivery companies have also held up so far du...
Asian markets a reluctant spectator to U.S. political theater
Reuters - 24 Dec 2018 04:46
Asian stocks were subdued on Monday as investors fretted that political instability in the United States was leaving the country rudderless at a time when the global economy was showing signs of faltering.
OPEC, allies will hold extra meeting if output cuts 'not enough'
livemint.com - 24 Dec 2018 04:07
OPEC and allied oil producers are ready to hold an extraordinary meeting and will do what is needed if the current cut in oil output by 1.2 million bpd does not balance the market next year