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Business News

Location American Business News for 29 January 2019

Insolvencies 'highest for seven years'

BBC - 29 Jan 2019 12:32
Insolvencies 'highest for seven years' Insolvencies, including bankruptcy, are the result of people facing unmanageable debts.
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Where a six-figure salary is a must for home buyers

Market Watch - 29 Jan 2019 20:22
Rising home costs have priced 3.5 million households out of the market.
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Prevent Cash Flow Problems in Your Small Business - Read These 3 Tips Cash flow issues? Here is how you can avoid them.
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Apple earnings: Here’s why the stock is up despite disappointing iPhone sales Apple’s services business looks strong, and the stock is up 3% in after-hours trading on Tuesday. Apple announced slightly better-than-expected holiday-quarter earnings on Tuesday afternoon. The company’s stock is u...
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Stocks open slightly higher on upbeat earnings, forecasts Stocks are opening slightly higher on Wall Street on a mix of upbeat fourth-quarter earnings and forecasts from big U.S. companies.
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Non-traditional models are increasing appearing in major ad campaigns        
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Shooting parents call for furniture company boycott

Miami Herald - 29 Jan 2019 02:34
The parents of some victims of the Florida high school massacre protested Monday outside a furniture company whose CEO's support, they say, has helped prevent the firing of the local …
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Amid investor uncertainty about the state of China's economy and the effect of trade tensions, Alibaba Group Holding Ltd. will provide its take about consumer spending in the country Wednesday.
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Citigroup expects its China wealth management client base to grow faster in 2019 than last year, at more than 30 percent, the bank's country chief said, despite the world's second-largest economy slowing and feeling the ...
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Bank regulators are getting serious about innovation

American Banker - 29 Jan 2019 17:17
Despite complaints about the slow pace of change within government, policymakers, including agency heads, are increasingly focused on modernizing regulation, an important step forward for the industry.
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Toronto-Dominion Bank is seeking to win back customers with home-equity loans -- even as concerns grow over elevated consumer debt amid a slowing Canadian economy.
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The Guns Were Coming. In Kenya, Peacebuilders Stood Their Ground. The story of a visit to to the famous Kenyan nonprofit, SHOFCO, as riots loomed in Kenya offered an inside look at the international peacebuilding movement.
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Visa Empowers Female Entrepreneurs With She's Next Campaign

Retail Touch Points - 29 Jan 2019 16:57
Visa Empowers Female Entrepreneurs With She's Next Campaign Visa has launched a global initiative -- dubbed She's Next, Empowered by Visa -- designed to support the advancement of women-owned SMBs around the world. The program is part of Visa's ongoing commitment to support femal...
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PG&E files for bankruptcy amid California wildfire lawsuits, citing billions in claims The utility filed bankruptcy documents despite investigators determining last week that its equipment was not to blame for a 2017 fire that killed 22.        
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China calls on US to end ‘unreasonable crackdown’ on Huawei, other Chinese firms “For some time, the U.S. has been using national power to tarnish and crack down on specific Chinese companies in an attempt to strangle their lawful and legitimate operations," said Chinese foreign ministry spokesman ...
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Robotic Process Automation Just Got 'Intelligent' Thanks to Machine Learning The fundamentals of robotic process automation combined with machine learning capabilities to robotize the mundane tasks, plus learning to do a job even better is what intelligent process automation all about.
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The Trump administration on Monday imposed sweeping sanctions on Venezuelan state-owned oil firm PDVSA, aimed at severely curbing the OPEC member's crude exports to the United States and at pressuring socialist President...
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U.S. refiners on Monday said they would comply with the Trump administration's new sanctions on dealings with Venezuelan state-run oil company Petroleos de Venezuela (PDVSA) and take steps to lessen any impacts on consum...
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5 Lessons On Creating Better Company Cultures From The Culturati Summit So, how do we protect ourselves from creating negative company cultures? How do we ensure that our teams, staff and community better see themselves in the systems that comprise our businesses and organizations? Those are...
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Americans expected to place $6B in bets on Super Bowl 53 The NFL will kick off more than Super Bowl LIII on Sunday. The championship game between the LA Rams and the New England Patriots marks the first major pro sports event since states outside Nevada legalized sports bettin...
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New Film Challenges Social Entrepreneurs To Reinvent Humanity Filmmakers Michael Shaun Conaway and Kate Maloney screened their film WeRiseUp in Park City today. The film advocates for a new, more socially conscious model for the world, calling on social entrepreneurs to change thin...
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Sears creditors call Eddie Lampert plan 'fantasy'

New York Post - 29 Jan 2019 03:59
Sears creditors call Eddie Lampert plan 'fantasy' Sears' creditors registered their most forceful objection yet to Eddie Lampert's $5.2 billion bid to buy the bankrupt retailer, describing it as a "fantasy" in a 360-page court filing on Monday. The group of landlords, s...
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