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Business News

Location American Business News for 30 January 2019
WPP to sell stake in 'Davos in the Desert' firm WPP Group is selling its stake in the organiser of last year's "Davos in the Desert" conference in Saudi Arabia, months after the murder of Jamal Khashoggi prompted dozens of global companies to snub the event.
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US pending home sales fell 2.2 percent in December Contract signings to buy homes dropped 2.2 percent in December to lowest level since the middle of 2014
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A Rhode Island business is closing permanently and the owner is blaming the weeklong natural gas outage that affected the Newport area. Tim Johnson says he had to close his …
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House hunters signed 2.2 percent fewer contracts to buy existing homes in December, according to the National Association of Realtors. These so-called pending sales are a future indicator of closings in one to two months...
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Hours after reports of a data-collection research app involving teens, Facebook says it will be discontinuing the app on the iOS platforn.
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Bitcoin's Three Biggest Problems In Reaching The Masses How Bitcoin can regain its price momentum.
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Fruit juices, for kids and adults, may include lead and other metals, study finds The fruit juices your child and you drink may have elevated levels of arsenic, lead or cadmium, according to a new Consumer Reports study.        
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Big Retail Brands Are Waking Up To Ethical Fashion Today, J.Crew and Madewell are launching their first round of Fair Trade Certified™ products, indicating that even the big brands are beginning to think more deeply about their production process.
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Lawyers are preparing to make their cases to a federal court for and against the constitutionality of an Ohio law prohibiting doctors from performing abortions based on a fetal diagnosis …
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Sensor Tower estimates that EA Mobile's free-to-play sports games have brought in more than $1 billion in lifetime revenue.
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U.S. stock futures and Asian equities eked out modest gains on Wednesday as investors seized on Apple Inc's earnings and comments from its chief that U.S.-China trade tensions were easing, sending the iPhone maker's shar...
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Trump Says the Economy Is Unstoppable. Most Economists Say Otherwise. The administration's growth forecasts are much rosier than independent analysts', reflecting the president's faith in his tax and trade policies to fundamentally improve the economy.
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Dow, stocks end higher after Federal Reserve signals patience on future interest rate hikes The Dow and other stock indexes closed higher after the Federal reserve signaled patience on future interest rate hikes.        
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How Askinosie Chocolate Survived The Great Recession: Its Founder Learned To Ask For Help He took to Google and searched for the term "advisory board." That led him to a magazine article that suggested he ask people in his community to form a volunteer board whose members would share their business wisdom wit...
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An Immigrant Entrepreneur's Biometric Gun Lock Saves Lives. But Can He Grow The $1M Company? Omer Kiyani has been a safety engineer for his whole career. Building a better gun lock shouldn't be that difficult, he reasoned.
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Oil prices rose more than 1 percent on Wednesday, boosted by concerns about supply disruptions following U.S. sanctions on Venezuela's oil industry but pegged back by uncertainty over the global economy.
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AT&T fourth-quarter earnings surpass Wall Street expectations AT&T Inc. on Wednesday reported fourth-quarter net income of $4.86 billion. The Dallas-based company said it had net income of 66 cents per share. Earnings, adjusted for one-time gains and costs, were 86 cents per share....
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Sweden's jobless agency to fire a third of its staff

Miami Herald - 30 Jan 2019 16:59
Sweden's unemployment agency is to shed a third of its staff as part of a cost-cutting measure to meet the demand of lawmakers. The Public Employment Service said around 4,500 …
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Apple, Boeing lift stocks in morning trading

L.A. Times - 30 Jan 2019 16:55
Apple, Boeing lift stocks in morning trading Strong results from Boeing and Apple are helping send stocks higher in early trading on Wall Street, putting the market on track to rise after two days of losses. Apple rose 4.8% after reporting results that weren't as b...
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There's reason to expect the downward pressure on capital expenditures to continue.
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Markets Right Now: Boeing, Apple lead gains for stocks Strong results from Boeing and Apple are helping send stocks higher in early trading on Wall Street, putting the market on track to rise after two days of losses.
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Foxconn says it's too expensive to manufacture LCD screens in the U.S., so it may add more R&D jobs at a new Wisconsin plant than manufacturing jobs.
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