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Business News

Location American Business News for 7 February 2019
Fighting for a client in a divorce, legally protecting intellectual property, handling estates ... all tasks people associate with attorneys racking up hourly fees. But they're also tasks handled for …
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How major US stock indexes fared Thursday

ABC News - 7 Feb 2019 23:57
How major US stock indexes fared Thursday Stocks closed broadly lower Thursday as traders were discouraged by more disappointing news on the global economy and company profits
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Shares of Barbie owner Mattel skyrocketed as much as 20 percent on Thursday, after the company reported better-than-expected fourth-quarter earnings and revenue after the closing bell.
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The real problem with posting about your kids online The issue with sharenting isn’t just that your kids might hate you for it later; it’s that companies are profiting off it. In a recent essay published in The Washington Post, a mother explained her decision to contin...
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A massive security issue enabling users to spy on FaceTime call recipients has been addressed in new versions of Apple's operating systems.
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After trade fight, Delta's new small jetliner takes flight Delta's newest plane has made its first few flights, and it's part of a trend of airlines giving high-paying passengers more comfort on smaller jets
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Four things to consider when picking funds in a 401(k) plan Here are guidelines for evaluating and picking funds from a 401(k) plan run by your employer.        
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California utility PG&E Corp plans to increase the controversial practice of shutting off the power to communities at risk of wildfire when dangerous conditions such as high winds and dry heat are present.
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Major video game stocks dropping thanks to Fortnite's success It was "game over" for video gaming stocks on Wednesday after two of the biggest industry names reported weak quarterly guidance in the face of intense competition from "free-to-play" games like "Fortnite." Both Electron...
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Kmart stiffed St. Jude Children's Research Hospital on donations: court docs It's not just lawyers, landlords and financial types who are after billionaire Eddie Lampert in the Sears bankruptcy case. Now, St. Jude Children's Research Hospital wants to know where its cash went. The venerable chari...
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Fed Chairman Powell urges plain speaking at Fed Powell says he relies on jargon-free speech to boost public support of the central bank
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Australia's Qantas Airways Ltd said on Thursday it formally canceled a longstanding order for eight Airbus SE A380 superjumbo jets.
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Kevin Tomlinson, the broker convicted of extorting two prominent rivals in South Beach's high-end real estate market is sentenced to 364 days in jail for probation violation. …
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Stocks around the world pulled back sharply on Thursday on fears of a global growth slowdown spreading to Europe and renewed worries about any near-term resolution of U.S.-China trade tensions, while the U.S. dollar stre...
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Volvo Cars is talking to Chinese and U.S. tech investors as the company seeks external finance for its Polestar performance electric car brand, the Swedish company's chief said on Thursday.
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President Trump cannot fast track his appeal to stop evidence-gathering in an emoluments case because “the President is neither above...
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U.S. stock indexes sank in early trading Thursday, following European markets and the price of crude oil lower as pessimism built about the strength of the global economy and upcoming …
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A man whose wife died days after collapsing outside a locked hospital emergency room hopes Massachusetts lawmakers will act to prevent such tragedies in the future. Laura Levis was having …
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BB&T, SunTrust to combine in $66B merger

American Banker - 7 Feb 2019 17:08
The industry's largest acquisition in more than a decade will create the sixth-biggest bank in the country, with assets of more than $442 billion.
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Fisher-Price recalls 44,000 children's Barbie Campers over potential injury risk Toy manufacturer Fisher-Price is about44,000children’s Power Wheels Barbie Campers due to a malfunctioning gas pedal.        
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The number of people who applied for jobless benefits in early February fell back toward recent post-recession lows after a holiday-related spike pushed them to a 16-month high at the end of last month.
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Fiat Chrysler (FCA) shares fell 11 percent on Thursday after weaker-than-expected guidance for profits and industrial free cash flow this year raised doubts about the Italian-American carmaker's longer-term targets.
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