Business News
WPP to sell stake in 'Davos in the Desert' firm
Sky News - 30 Jan 2019 17:11
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.
US pending home sales fell 2.2 percent in December
ABC News - 30 Jan 2019 17:03
Contract signings to buy homes dropped 2.2 percent in December to lowest level since the middle of 2014
Damage from natural gas outage leads to business closure
Miami Herald - 30 Jan 2019 17:00
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 …
December pending home sales drop to lowest point in five years, despite much lower interest rates
CNBC - 30 Jan 2019 17:00
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...
Facebook to pull controversial data-collection app for iOS
Venture Beat - 30 Jan 2019 12:33
Hours after reports of a data-collection research app involving teens, Facebook says it will be discontinuing the app on the iOS platforn.
Bitcoin's Three Biggest Problems In Reaching The Masses
Forbes - 30 Jan 2019 03:31
How Bitcoin can regain its price momentum.
Fruit juices, for kids and adults, may include lead and other metals, study finds
USA Today - 30 Jan 2019 19:18
The fruit juices your child and you drink may have elevated levels of arsenic, lead or cadmium, according to a new Consumer Reports study.
Big Retail Brands Are Waking Up To Ethical Fashion
Forbes - 30 Jan 2019 16:58
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.
Arguments set on Ohio ban on abortions due to Down syndrome
Miami Herald - 30 Jan 2019 07:27
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 …
Sensor Tower: EA grosses $1 billion in lifetime mobile revenue for free-to-play sports games
Venture Beat - 30 Jan 2019 03:45
Sensor Tower estimates that EA Mobile's free-to-play sports games have brought in more than $1 billion in lifetime revenue.
Asian shares inch up after Apple earnings, CEO comments
Reuters - 30 Jan 2019 03:15
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...
Trump Says the Economy Is Unstoppable. Most Economists Say Otherwise.
The New York Times - 30 Jan 2019 02:27
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.
Dow, stocks end higher after Federal Reserve signals patience on future interest rate hikes
USA Today - 30 Jan 2019 23:24How Askinosie Chocolate Survived The Great Recession: Its Founder Learned To Ask For Help
Forbes - 30 Jan 2019 19:00
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...
An Immigrant Entrepreneur's Biometric Gun Lock Saves Lives. But Can He Grow The $1M Company?
Forbes - 30 Jan 2019 18:52
Omer Kiyani has been a safety engineer for his whole career. Building a better gun lock shouldn't be that difficult, he reasoned.
Oil prices rise more than 1 percent on Venezuela sanctions
Reuters - 30 Jan 2019 17:04
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.
AT&T fourth-quarter earnings surpass Wall Street expectations
L.A. Times - 30 Jan 2019 17:00Sweden'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 …
Apple, Boeing lift stocks in morning trading
L.A. Times - 30 Jan 2019 16:55The Tell: Stock-market investors should brace for a plunge in business investment, analyst warns
Market Watch - 30 Jan 2019 16:54
There's reason to expect the downward pressure on capital expenditures to continue.
Markets Right Now: Boeing, Apple lead gains for stocks
ABC News - 30 Jan 2019 16:42
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.
Foxconn may not build LCD panels in Wisconsin, cites labor costs
Venture Beat - 30 Jan 2019 16:37
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.