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Business News

Location American Business News for 9 January 2019

Sanford donates $55M to Children's Home Society

Miami Herald - 9 Jan 2019 04:05
South Dakota philanthropist T. Denny Sanford has donated $55 million to Children's Home Society, with the gift aimed at expanding services for victims of domestic violence and supporting the organization's …
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Pepsi Rolls Out a New Tagline and Can Design in More Than 100 Global Markets In the 1980s, Diet Coke wanted you to drink its products "Just for the Taste of It." Now Coke's arch-rival Pepsi is encouraging you to embrace life (and, presumably, Pepsi products) "For the Love of It." The new global t...
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Apple's Answer to Slower iPhone Sales? The Trade In

Wall Street Journal - 9 Jan 2019 07:06
Apple's Answer to Slower iPhone Sales? The Trade In The tech giant is pushing a trade-in program that often pays more than carriers do to persuade people to exchange older devices.
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Energous' wireless charging tech is real, and it's coming to a store near you -- if all goes according to plan. We checked it out at CES 2019.
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Lending preview: C&I will surge, CRE will slump in 2019

American Banker - 9 Jan 2019 22:08
Consumer lending should also be a bright spot, while mortgage lending could be suppressed by rising rates and tight housing supplies.
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In venturing into what's normally a province of large banks, nbkc in Kansas City, Mo., discovered innovative tax-management and other products that it could offer to its own customers or sell to other banks.
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Oil prices rose on Wednesday, extending gains from the previous session on hopes that Washington and Beijing can resolve a trade dispute that has triggered a global economic slowdown.
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Delaware lawmakers convened a new session of the General Assembly on Tuesday with a host of new faces, and a few old issues to be revisited over the next six …
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More than 40 state attorneys general have announced a $1.5 million settlement with The Neiman Marcus Group LLC over a data breach the Dallas-based retailer disclosed in January 2014. The …
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This Friday, thousands of federal workers won't be getting a paycheck. They're already struggling to pay their bills. Adriana Diaz spoke to one worker who is feeling the pinch.
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Sears' Eddie Lampert gets another chance to try to buy the company Eddie Lampert will get another shot at rescuing Sears Holdings Corp. from liquidation. The Sears chairman and former chief executive must put up $120 million by Wednesday to get a chance to take part in an auction agains...
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SoftBank Vision Fund shies away from WeWork. Alarm bells are ringing The tech bubble's financial backer of last resort, the $100-billion SoftBank Vision Fund, seems to be having second thoughts about its role as booster-in-chief of very expensive and very unprofitable start-ups. That's he...
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Carlos Ghosn, chief executive of French carmaker Renault and ex Nissan chairman, has not had his tax domicile France since 2012, opting instead for the more fiscally favorable Netherlands, French newspaper Liberation rep...
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Your dad has probably lectured you about how your money is wasting its potential if it’s not in the stock market. But in 2018, high-yield savings accounts actually gave people more bang for their buck than the stock ma...
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Facebook Commissions Study to Say Facebook Is a Great Tool for Challenger Brands Brands are growing weary of Facebook, but the social media giant says otherwise--at least according to a new Ipsos study commissioned by the company. The new study, released as a tie-in to CES, describes numerous ways "d...
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Wall Street Aims for Fourth Day of Gains on Trade Hopes

The New York Times - 9 Jan 2019 19:52
U.S. stocks rose modestly on Wednesday, angling for a fourth day of gains led by technology and other trade-sensitive sectors following signs of progress in trade talks between the United States and China.
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CES Editors' Choice Awards: The best and coolest tech to expect in 2019 Reviewed names its 2019 CES Editors' Choice Award winners.        
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Volkswagen AG said on Wednesday it had hired an executive from Apple as a director responsible for technical development at its commercial vehicles division.
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John Lasseter comes out of #MeToo hiding to run animation at Skydance David Ellison, head of Skydance Animation, has said that Lasseter’s former employer Pixar has long been an inspiration for his company and how he runs it. John Lasseter, the director of Toy Story and Cars and the creat...
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The unit is under investigation by federal agencies for misrepresenting pricing; investment bankers are looking at a possible 15-20% drop in bonus money.
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A new study from the nation's leading real-estate agent advocacy group shows how the federal government shutdown is curbing economic activity.
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Global stocks sustain rally as US-China trade talks wrap up Stocks around the world built on their early 2019 rally Wednesday after negotiators from the U.S. and China extended their round of trade talks to a third day
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