Business News
Factories stockpile at record rates over Brexit
Sky News - 1 Mar 2019 16:27
UK factories are stockpiling at record levels as they brace for Brexit, a survey has revealed.
ICICI-Videocon case: ED raids homes, offices of Chanda Kochhar, Venugopal Dhoot
livemint.com - 1 Mar 2019 13:09
The ED raids were is connection with a money laundering case filed against Chanda Kochhar, Deepak Kochhar, Venugopal Dhoot.CBI had last week issued a lookout notice against the trio to ensure that they do not leave the c...
City offsets nearly all of its electricity costs with solar
Miami Herald - 1 Mar 2019 07:10
A Maine city has offset almost 90 percent of its electric costs with the help of solar power. The Bangor Daily News reports Belfast's newest 660-kilowatt solar installation went online …
Tim Mullaney: GDP comes in close enough to 3% -- not bad, but probably as good as it gets for Trump
Market Watch - 1 Mar 2019 17:52
The economy performed well in 2018, but it's not an outcome that Donald Trump is going to be able to say, convincingly, that he changed much.
JPMorgan keeps Venezuela in emerging bond indexes: fund managers
Reuters - 1 Mar 2019 12:11
JPMorgan has retained dollar-denominated debt issued by Venezuela and its state-run oil company PDVSA in a key emerging market bond index as part of its monthly rebalancing, according to two fund managers.
LL Bean partners on small batch, co-branded boot
Miami Herald - 1 Mar 2019 07:08
L.L. Bean's latest version of its iconic boot features something old and something borrowed to make something new. The Maine-based retailer is partnering with outdoor gear startup Flowfold for the …
China's fledgling junk bond market spawns new breed of vulture funds
Reuters - 1 Mar 2019 01:27
When the Shanghai-traded bonds of conglomerate China Minsheng Investment Group plunged 40 percent over two days in January after news it had missed a repayment, Beijing-based hedge fund manager Jash Zhang smelled blood.
What's driving these fintech companies' deposit grab?
American Banker - 1 Mar 2019 00:22
Aspiration, Wealthfront and SoFi have all begun offering high-yield savings accounts during the past few weeks.
Amazon Plans to Open Even More Grocery Stores
AdWeek - 1 Mar 2019 21:16
In yet another sign Amazon is taking over the world, it is reportedly looking to open dozens of grocery stores in major U.S. cities including San Francisco, Seattle, Chicago, Washington, D.C., and Philadelphia--and one i...
80% Of Shoppers Give Thumbs Up To Chatbot Experiences, But 59% Remain Uninterested In Using Them
Retail Touch Points - 1 Mar 2019 18:44
As many as 80% of people who have interacted with a chatbot say the experience was positive, according to a survey from Uberall. Even so, 30% of consumers have a tepid response to chatbots, saying they were "somewhat uni...
New York officials to Amazon: Please don't go
CBSNews - 1 Mar 2019 15:50
Politicians and business leaders are asking CEO Jeff Bezos to give them another chance for a second headquarters
Man faked own kidnapping to avoid paying $50K Super Bowl bet
CBSNews - 1 Mar 2019 15:49
He told troopers two men tied him up and drove around with him in the back of his truck for two days - police say that's a lie
During Trump Interview Hannity Admits He Spoke With Cohen About Hush Payments
TPM - 1 Mar 2019 14:43
During an interview with President Trump that aired on his show Thursday evening, Fox News host Sean Hannity made a...
Marriott's revenue, full-year forecast miss estimates on weak demand
CNBC - 1 Mar 2019 12:54
Marriott on Thursday missed Wall Street estimates for quarterly revenue and forecast a lower-than-expected full-year profit, blaming weak demand in North America, its its largest market.
Medical transport company agrees to $1 million penalty
Miami Herald - 1 Mar 2019 07:15
The St. Louis-based medical transportation company that was recently put in charge providing Rhode Islanders transportation to medical appointments has agreed to pay a $1 million penalty. The state Executive …
Gap closing roughly 230 stores and spinning Old Navy into its own company
USA Today - 1 Mar 2019 05:16
Gap Inc.will spin Old Navy off into its own company, as it also prepares to close roughly 230 of its namesake stores worldwide.
Californians are losing hundreds of millions of dollars in recycling deposits
L.A. Times - 1 Mar 2019 05:10Walmart CEO outlines 'specific steps' stores can take to support disabled greeters
USA Today - 1 Mar 2019 05:01Fed's Powell says US economy in a 'good place'
ABC News - 1 Mar 2019 04:53
Fed's Powell says US economy in 'good place' but long-term problems need to be addressed
HBO CEO Richard Plepler to step down amid AT&T restructuring
New York Post - 1 Mar 2019 04:28
Winter has come for Richard Plepler. The suntanned, smooth-talking Hollywood mogul -- who as boss of HBO for the past 27 years has greenlighted a slew of hits including "Game of Thrones" -- is stepping down amid a brutal...
JPMorgan stays with Venezuela in emerging bond indexes: fund managers
Reuters - 1 Mar 2019 03:57
JPMorgan has retained dollar-denominated debt issued by Venezuela's state-run oil company PDVSA in a key emerging market bond index as part of its monthly rebalancing, according to two fund managers.
Tesla is finally selling a car for $35,000
New York Post - 1 Mar 2019 01:35
Yes, it's nearly three years after Elon Musk promised it, but now you can finally order a Tesla for $35,000. Tesla on Thursday unveiled a "Standard Range" Model 3 sedan that sells for $35,000 before tax incentives -- wel...