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Business News

Location American Business News for 19 February 2019
Financial fraud protection startup NsKnox has raised $15 million in a funding round co-led by Viola Ventures and Microsoft's M12.
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A Chinese government propaganda app that became a huge hit was developed by Alibaba, at a time when the nation's tech firms are under global scrutiny.
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Businesses looking for the ultimate in VR quality now have a pricey solution that delivers human eye resolution for advanced 3D modeling and 2D detail.
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How Brexit hit the pound in your pocket

BBC - 19 Feb 2019 02:03
How Brexit hit the pound in your pocket The value of the pound has changed a lot over the past three years - making us all a little poorer.
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Treasurys gain ground, pulling down yields as U.S. investors return from a three-day weekend and continue to eye U.S.-China negotiations and other trade rumblings.
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The nation's homebuilders are feeling better about the state of their industry as lower interest rates boost consumer confidence.
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Can TripAdvisor Witness A Turnaround In Its Hotel Segment In Fiscal 2019? TripAdvisor's Q4 results beat revenue estimates, but missed on EPS and Hotel performance metrics. The company's Q4 performance was driven by solid demand for its Non-Hotel business, particularly the Restaurants and Exper...
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This homesick banker built a $75 million business on real Maine-style lobster rolls Luke Holden was a young investment banker in Manhattan, homesick for a true Maine-style lobster roll, so he started a business that has grown to $60 million in annual revenue and more than 30 lobster shack restaurants, i...
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'The History of the Future' is a new book by Blake Harris that chronicles the life of Palmer Luckey, the creation of the Oculus Rift, and the revival of VR.
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Walmart Inc.'s investments in e-commerce seem to be yielding top-line results. The next hurdle is generating a real profit.
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Greece's central bank chief has asked Prime Minister Alexis Tsipras to intervene after a cabinet minister phoned him to tell him how to do his job and then allegedly leaked …
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3 tips for empty nesters who want to replenish their savings If you're an empty nester, make sure you've done these 3 tasks to turbocharge your 401(k).        
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Car sales down in Hawaii and expected to drop more

Miami Herald - 19 Feb 2019 16:59
Hawaii consumers are buying fewer new vehicles, a recent report said. New-vehicle registrations declined 4.4 percent in 2018, and sales are projected to soften even further this year, according to …
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Estonia orders Danske Bank branch to shut The bank's Tallinn branch has been at the centre of a money-laundering scandal.
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Oil fell from its 2019 high of almost $67 a barrel on Tuesday as concerns about the progress of U.S.-China trade talks and slowing economic growth countered lower supplies.
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Walmart's grocery delivery pays off in fight with Amazon as online sales soar Shoppers increasingly buying bread, milk and other groceries online, helped boost Walmart's e-commerce sales 43 percent in the last quarter        
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Payless ShoeSource bankruptcy: When to use Payless gift cards and make returns by Payless ShoeSource is liquidating its stores and has already shut down its website. However, shoes are still available on Amazon.        
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Markets Right Now: Stocks open slightly lower on Wall Street Stocks are opening slightly lower on Wall Street led by declines in banks and industrial companies.
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U.S. stocks opened lower on Tuesday after rallying strongly last week, as investors focused on the latest round of trade talks between the United States and China.
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Glencore Plc is planning to cut production at one of its largest copper and cobalt mining operations in the Democratic Republic of Congo, the Wall Street Journal reported, citing sources on Tuesday.
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Market Cautious As US-China Trade Talks Set To Continue This Week With a March 1 deadline approaching, market participants appear cautious this morning ahead of a fresh round of U.S.-China trade talks in Washington
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Britain's EU workforce in decline as numbers from elsewhere soar Number workers from EU27 nations falls by 61,000 as non-EU workforce hits record level The number of workers in the UK from elsewhere in the EU fell by 61,000 at a time when the number of British and non-EU workers soare...
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