Business News
May in talks with Ineos chair as tax row loomed
Sky News - 20 Feb 2019 15:12
Theresa May has held private talks with the Ineos founder Sir Jim Ratcliffe, Britain's richest man, about his blueprint for a new off-road vehicle amid growing scrutiny of his personal tax affairs.
Billionaire Icahn wants Caesars Entertainment to sell itself
ABC News - 20 Feb 2019 03:24
Billionaire investor Carl Icahn plans to drive casino giant Caesars Entertainment to sell itself
Asia shares rally to four-and-a-half month peak on hopes of U.S.-China trade deal
Reuters - 20 Feb 2019 05:28
Asian stocks advanced to 4-1/2-month highs on Wednesday as investors bet that Chinese and U.S. trade negotiators would be able to secure a deal to de-escalate their year-long tariff war.
Companies were boxed off to avoid spies at this year's Toy Fair
New York Post - 20 Feb 2019 05:02
Espionage is taking all the fun out of the toy industry. Corporate spying and counterfeiting have become such problems among makers of dolls, cars and unicorn poop that this year's Toy Fair on Manhattan's West Side felt ...
Qualcomm urges U.S. regulators to reverse course and ban some iPhones
Reuters - 20 Feb 2019 04:48
Qualcomm Inc is urging U.S. trade regulators to reverse a judge's ruling and ban the import of some Apple Inc iPhones in a long-running patent fight between the two companies.
Amid trade talks, China urges U.S. to respect its right to develop, prosper
Reuters - 20 Feb 2019 04:36
The United States should respect China's right to develop and become prosperous, the Chinese government's top diplomat told a visiting U.S. delegation, reiterating that the country's doors to the outside world would open...
Oil dips from 2019 highs as rising U.S. supply erodes OPEC cuts
Reuters - 20 Feb 2019 03:49
Oil prices slipped from 2019 highs on Wednesday as soaring U.S. production and expectations of an economic slowdown undermined efforts led by producer club OPEC to cut supply to tighten global markets.
Solar installers are struggling to find Tesla Powerwall battery systems
L.A. Times - 20 Feb 2019 01:25Companies Roll Out Gunshot Detectors at the Office
Wall Street Journal - 20 Feb 2019 00:58
Corporate executives worried about workplace shootings are quietly installing gunfire-detection systems in U.S. offices and factories. Most don't tell employees what the sensors are, for fear of alarming them.
Key Words: Kamala Harris's dad: Our family wants to 'dissociate ourselves from this travesty'
Market Watch - 20 Feb 2019 20:49
That's professor Donald Harris, the Jamaican father of Kamala Harris, reportedly sounding off in a statement to Jamaica Global Online about his daughter's interview on the New York Breakfast Club radio show earlier this ...
Consumer lenders could feel most pain from CECL
American Banker - 20 Feb 2019 19:33
Credit card issuers would have to set aside more in reserves because of higher loss histories, according to research by Keefe, Bruyette & Woods on the impact of the new loan-loss standard.
Revenue at Nutella maker Ferrero reaches $12 billion after Nestle acquisition
Reuters - 20 Feb 2019 18:05
Revenue at Ferrero reached $12 billion in the fiscal year ended in August, as the group included sales of products like Butterfinger and BabyRuth chocolate bars bought from Nestle at the end of March.
What's missing from FDIC's brokered deposits notice
American Banker - 20 Feb 2019 17:10
The agency's effort is a good first step to updating brokered deposit rules, but regulators excluded several important considerations in their advance notice of proposed rulemaking.
EU governments endorse copyright reform - statement
Reuters - 20 Feb 2019 17:06
Representatives of European Union governments endorsed on Wednesday a deal reached with the EU Parliament on the overhaul of the bloc's copyright rules, the Romanian presidency of the EU said in a statement on Twitter.
Palestinian leader will refuse Israeli tax transfers
Miami Herald - 20 Feb 2019 17:04
Palestinian President Mahmoud Abbas says he will not accept a monthly tax transfer from Israel if it carries out its decision to deduct amounts the Palestinians pay to the families …
2 ex-West Texas public officials sentenced in bribery scheme
Miami Herald - 20 Feb 2019 17:04
A federal judge in West Texas has sentenced two former public officials to prison for accepting bribes in awarding a document management system to a company. Judge David Counts on …
Estonia investigates alleged Swedbank link to money laundering scandal
Reuters - 20 Feb 2019 17:02
Estonia is investigating allegations linking Swedbank to suspicious transactions in the country involving Danske Bank, Estonia's state prosecutor said on Wednesday.
Why Great Innovation Needs Great Marketing
Harvard Business Review - 20 Feb 2019 17:00
Ideas don’t sell themselves.
Markets Right Now: Stocks waver in early trading
ABC News - 20 Feb 2019 16:47
Stocks are wavering in early trading on Wall Street as investors sized up the latest company earnings reports.
'Sustained' drone attack closed Gatwick, airport says
BBC - 20 Feb 2019 16:42
Gatwick's decision to suspend operations was taken after a risk assessment with police, authorities say.
Nebraska county enacts distance rules for wind turbines
Miami Herald - 20 Feb 2019 16:41
County officials in southeastern Nebraska have approved a rule aimed at protecting residents who aren't being paid to participate in a wind farm project. The Lincoln Journal Star reports that …
Wall St. opens flat as investors assess U.S.-China trade talks
Reuters - 20 Feb 2019 16:37
U.S. stocks opened little changed on Wednesday, after a handful of downbeat earnings reports, while investors weighed the latest developments in trade talks between the United States and China.