Business News
New Tariffs Threaten to Boost Prices of Imported Cars, Parts
Wall Street Journal - 15 Feb 2019 19:55
The Commerce Department is wrapping its probe into whether imported cars and parts pose a national-security threat under U.S. trade law. Its findings could lead to levies that would make autos from Japan, Germany and els...
Rachel Johnson strips naked for Brexit
Fast Company - 15 Feb 2019 14:05
Brexit negotiations have gotten wild. Rachel Johnson has a surefire way to make her voice heard above the crowd—strip naked. Read Full Story
Here’s how teens edit their selfies for social media likes
Fast Company - 15 Feb 2019 11:00
A famed photographer asked teenagers to edit their own portraits for social media. The twist? The subjects like their unaltered “before” shots better. Most mere mortals will never be lucky enough to sit for someone l...
Ex-telecom execs acquitted of paying bribes in Uzbekistan
Miami Herald - 15 Feb 2019 13:53
Three former executives of telecom company Telia were acquitted Friday of paying bribes in Uzbekistan, with the Swedish court citing lack of evidence. The executives were accused of bribing an …
Airbus A380 production halt to fuel transatlantic trade spat
Reuters - 15 Feb 2019 04:59
Airbus's decision to shut production of the A380 looks set to reignite a translatlantic trade row over mutual claims of illegal aircraft subsidies, even as Airbus implements a two-year plan to stop making the world's lar...
Man accused of embezzling $36M sent back to Los Angeles
Miami Herald - 15 Feb 2019 04:14
A man accused of embezzling more than $36 million from a Los Angeles technology firm and using most of it to pay off his credit card bills has been extradited …
Can You Make More Sales By Making Everything Free?
Forbes - 15 Feb 2019 04:00
Michael Maven reveals an experiment that tells you the winning price to sell at, every single time.
'Productive Meeting' Between Amazon and Unions, Then a Shock
The New York Times - 15 Feb 2019 02:53
Labor groups aiming to organize a Staten Island warehouse were in talks with the company a day before it abandoned plans for a Queens headquarters.
How Umami Burger is leading the meatless revolution with the best-tasting 'Impossible' veggie burger we've ever had
Business Insider - 15 Feb 2019 02:50
Umami Burger Los Angeles-born restaurant chain Umami Burger features the new Impossible Burger recipe on its menu. INSIDER tested out how the new version stacks up to other veggie burgers. It's by far and away the best m...
Citigroup CEO gets $24 million as compensation in 2018
Reuters - 15 Feb 2019 23:53
Citigroup Inc said on Friday its Chief Executive Michael Corbat will get a 4.35 percent raise, bringing his total compensation for 2018 to $24 million.
Mexico to inject $3.6 billion in Pemex, seeks to prevent credit downgrade
Reuters - 15 Feb 2019 21:59
Mexico will inject $3.6 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-...
Burger King is on Tinder for Singles Awareness Day with a deal for matching with The King
USA Today - 15 Feb 2019 20:16
Friday, Feb. 15 is Singles Awareness Day and the Tinder dating app has teamed up with Burger King.
London bankers will need 'chaperones' for EU clients under no-deal Brexit: sources
Reuters - 15 Feb 2019 19:09
Investment banks have warned M&A teams in Britain they cannot pitch business to clients in the European Union if there is a no-deal Brexit without an EU "chaperone" sitting in on their meeting, sources familiar with the ...
Retail Has Biggest Monthly Sales Dip In 9 Years -- But Did Government Shutdown Skew The Numbers?
Retail Touch Points - 15 Feb 2019 17:09
Retail got hit with a rough -- albeit controversial -- dose of news indicating that many merchants didn't have a jolly holiday season after all. Overall retail sales fell 1.2% in December, marking the industry'sbiggest m...
Nvidia forecasts demand rebound, Wall Street not so sure
Reuters - 15 Feb 2019 16:59
Nvidia Corp's forecast of a demand rebound by the end of the year calmed investor nerves and pushed its shares up 5 percent on Friday, but several Wall Street analysts said the outlook was "aggressive" given weak demand ...
Volkswagen Names Johannes Leonardo Lead Creative Agency in the U.S.
AdWeek - 15 Feb 2019 16:56
Less than three months after consolidating its North American marketing business with WPP's VW Partnership, Volkswagen has named Johannes Leonardo lead brand agency in the United States. The agency will now be part of th...
Amazon HQ2 debacle may haunt New York for generations, experts say
NBC News - 15 Feb 2019 16:48
Amazon's withdrawal from plans for a second headquarters in New York may affect the city and state's economies for decades to come.
Markets Right Now: Stocks rise early, boosted by trade talks
ABC News - 15 Feb 2019 16:46
Stocks are opening higher on Wall Street after Chinese and U.S. officials agreed to continue trade talks in Washington next week.
FTC reportedly negotiating multibillion-dollar fine for Facebook
New York Post - 15 Feb 2019 16:45
The US government and Facebook Inc are negotiating a settlement over the company's privacy lapses that could require the online social network to pay a multibillion-dollar fine, the Washington Post reported on Thursday. ...
Mexico to pump $3.6 billion into ailing oil firm Pemex in relief plan
Reuters - 15 Feb 2019 16:41
Mexico will inject $3.6 billion into ailing state-owned oil company Pemex, including by reducing taxes and refinancing debt, officials said Friday, a move aimed at boosting its finances and preventing a further credit do...
US industrial output tumbled 0.6 percent in January
ABC News - 15 Feb 2019 16:40
US industrial production fell 0.6 percent in January, led by a plunge in the making of motor vehicles and auto parts
Digital Gifting Platform Swych Is To Start Accepting Crypto Payments Next Week
Forbes - 15 Feb 2019 16:30
Swych, a digital gifting platform, is reportedly going to start accepting crypto payments from next week as it aims to champion this "revolutionary technology" to become a viable method for shopping and gifting.