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Business News

Location American Business News for 17 January 2019
Vanguard's Bogle bet that most active fund managers would lag behind the stock market, and he won big.
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Zimbabwe's Monetary Death Spiral

Forbes - 17 Jan 2019 03:01
Zimbabwe's Monetary Death Spiral President Mnangagwa's pledge that Zimbabwe is "open for business" rings hollow. With a recent surge to an annual inflation rate of 236%, protests have sparked. As long as Zimbabwe continues to produce its own money, name...
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A hamburger a week, but no more -- that's about as much red meat people should eat to do what's best for their health and the planet, according to a …
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M&T expects C&I lending to drive growth in 2019

American Banker - 17 Jan 2019 23:07
Demand for commercial loans surged in the fourth quarter and executives at the Buffalo company see the momentum continuing in the new year.
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Is Google an evil genius?

The Economist - 17 Jan 2019 17:52
Is Google an evil genius? AS A CHILD, Shoshana Zuboff accompanied her grandfather as he walked through his factory, greeting workers. He was an inventor and had made his fortune creating a mechanism to release drinks from vending machines. It was...
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Tesla customer referral plan to end due to cost, Musk tweets Tesla customer referral incentive plan will end on Feb. 1, the electric carmaker's Chief Executive Officer Elon Musk tweeted on Thursday, citing costs. Musk tweeted that the referral program is ending because "it's addin...
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For years, tech companies have been under fire for causing soaring housing prices in certain areas. Now, Microsoft Corp. is doing something about it.
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Goldman Sachs shares surge despite growing fallout from 1MDB scandal Bribery scandal? What bribery scandal? Goldman Sachs shares surged 9.5 percent on Wednesday -- their biggest single-day gain since 2009 -- as the Wall Street behemoth reported blowout earnings and eased fears about possi...
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U.S. government attorneys have asked a federal judge in Montana to dismiss allegations that a Trump administration panel reviewing royalties paid by fossil fuel companies is stacked with industry supporters. …
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Clothing retailer Gymboree files for bankruptcy for second time Children's clothing retailer Gymboree Group filed for Chapter 11 bankruptcy protection, the second time in almost two years, and said on Wednesday it will close more than 800 Gymboree and Crazy 8 stores. The San Francisc...
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Houseparty Is Taking Its First Monetization Steps With The Ellen Degeneres Show Video chatting application Houseparty is making its first foray into monetization with a fairly high-profile partner: The Ellen Degeneres Show. Heads Up! is an application based on a game Degeneres plays during her dayti...
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3 colleges that help you handle student debt

ABC News - 17 Jan 2019 16:59
3 colleges that help you handle student debt These three universities help you handle student debt
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7 tips to make your small business an Instagram star Give customers an inviting way to post to Instagram, and they'll advertiseyour business for free.        
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Markets Right Now: Stocks open slightly lower as banks slide US stocks are taking small losses in early trading after Morgan Stanley and other banks reported weaker-than-expected fourth-quarter results
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Microsoft pledges $500 million to tackle Seattle housing crisis Microsoft has pledged $500 million to address homelessness and develop affordable housing in response to the Seattle region's widening affordability gap. Most of the money will be aimed at increasing housing options in t...
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Morgan Stanley profit disappoints on bond-trading slump Who's bragging now? Morgan Stanley's profits unexpectedly declined during the fourth quarter in 2018, the bank reported Thursday, largely due to a drop-off in bond trading -- just months after the bank's CEO complained t...
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How to Debate Ideas Productively at Work

Harvard Business Review - 17 Jan 2019 15:05
There are better and worse ways to disagree.
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Rudy Giuliani leaves open the possibility there may have been collusion between the Trump campaign and Russia Screenshot via CNN Rudy Giuliani left open the possibility that aides who worked on President Donald Trump's 2016 election campaign could have colluded with Russian operatives, a matter now being investigated by the spec...
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California endorsed a rule Wednesday that will allow home marijuana deliveries statewide, even into communities that have banned commercial pot sales. The regulation by the state Bureau of Cannabis Control …
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The online student lender said it is reallocating some jobs and "sunsetting" others.
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This gorgeous town in Sicily is selling houses for $1 If you want your dream Italian retreat, all you need is some pocket change.        
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New York credit card woes will expand after court ruling This'll take a few bucks out of your pocket. Thanks to a court ruling, stores in New York state will be allowed to charge you more if you use a credit card than if you use cash. You already are used to this when buying g...
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