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Business News

Location American Business News for 15 March 2019

Maine exports increase amid trade disputes

Miami Herald - 15 Mar 2019 16:51
Data shows Maine shipped $2.8 billion worth of goods last year, but international trade disputes have experts wondering "what could have been." The Portland Press Herald reports Maine exports increased …
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Many Americans remain reluctant to invest in the stock market, a scary hangover from the 2007-09 recession.
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Snap shares jump after Wall Street analyst gives thumbs up Snap's shares jumped 12 percent Thursday, reaching a six-month high after a high-profile upgrade from a Wall Street analyst. BTIG's well-known Snap bear Rich Greenfield changed his recommendation from "neutral" to "buy" ...
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Investor who allegedly bribed his son into USC could lose hundreds of millions Not only does his kid risk being expelled, but a rich dad caught up in a nationwide bribery scandal risks losing hundreds of millions of dollars for his alleged role, The Post has learned. TPG bigwig Bill McGlashan stand...
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The Best Ways for Franchise Owners to Build Community Trust Franchise owners must earn the trust of community members in order to earn their business. Earning -- and maintaining -- high trust within their community brings in more customers and reinforces the franchise brand and t...
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Can You Afford Sleep? These Companies Are Waking Up with a Strategy! Frost & Sullivan celebrates #WorldSleepDay to raise awareness of sleep as a necessity that is often compromised by the habits of modern life and shares the most impactful insights. When 1Bn suffer from some form of sleep...
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Macy's to lay off dozens of IT employees in New York

New York Post - 15 Mar 2019 04:31
Macy's to lay off dozens of IT employees in New York Macy's is shedding dozens of workers as it outsources the bulk of its technology help desk, The Post has learned. The nation's biggest department-store chain is downsizing a business unit that supports its IT systems, in...
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U.S. stocks rose on Friday, led by technology companies, as a report on progress in U.S.-China trade talks lifted sentiment, pushing the S&P 500 to its best week since November.
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President Donald Trump issued the first veto of his presidency on Friday, rejecting legislation that aimed to strike down his emergency declaration for building a wall on the U.S.-Mexico border.
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What's behind OCC's public rebuke of Wells Fargo?

American Banker - 15 Mar 2019 19:36
Federal regulators normally hesitate even to name specific institutions, but the Office of the Comptroller of the Currency appears to be taking a different tack with Wells.
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How Questionable Media and Political Affiliations Can Shape a Brand's Response in the Face of a Crisis For the first quarter of 2019, happenings at YouTube and Fox News have had us focused on brand safety. Instances of negative attention to each channel caused brands to question their spend and presence in these spaces. S...
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MDC Partners Reports 2.5% Annual Revenue Drop But Still Claims Best New Business Quarter in Two Years One day after confirming a $100 million investment from incoming CEO Mark Penn's Stagwell Group, agency holding company MDC Partners reported net new business gains in today's earnings call despite a challenging year and...
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State hits pause button on chronic pain proposal

Miami Herald - 15 Mar 2019 17:04
Oregon health officials have delayed consideration of a controversial change under the Oregon Health Plan that could have forced many patients with chronic pain off opioids. The Bulletin reports that …
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Marriott International Inc said on Friday it was evaluating activist investor Jonathan Litt's nomination for a seat on the hotel chain's board.
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Boeing 737 Max that crashed in Ethiopia was set to dive, a piece of wreckage hints A screw-like device found in the wreckage of the Boeing Co. 737 Max 8 that crashed Sunday in Ethiopia has provided investigators with an early clue into what happened as work begins in France to decode the "black boxes" ...
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A Swiss court will decide within weeks whether UBS must hand over historical client data to French tax authorities, a ruling that could open the door to fresh financial claims against Switzerland's banks.
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The Psychology Behind Brand Storytelling and Its Effect on Consumers Before there were emojis, infographics, flowcharts and photo collages, people shared ideas through the oral tradition of storytelling. Humans are hardwired to remember stories as every person on this planet comes from a ...
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U.S. industrial production rose a slight 0.1 percent in February, as an increase in utilities and mining offset the second straight monthly drop in manufacturing. The Federal Reserve said Friday …
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Global condemnation, condolences after mosque attack

Miami Herald - 15 Mar 2019 16:40
World leaders expressed condolences and condemnation Friday following the deadly attacks on mosques in New Zealand, while Muslim leaders said the mass shooting was evidence of a rising tide of …
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A judge has tossed out a lawsuit Ohio filed against the developers of a $4.2 billion natural gas pipeline that stretches from West Virginia to Michigan. The lawsuit sought to …
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Job openings surge to 7.6M vs. 7.3M estimate, as employers struggle to fill positions Openings surged in government jobs, with 59,000 more available last month.
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U.S. employers posted nearly 7.6 million open jobs in January, near a record high set in November. It's evidence that businesses are still hungry for workers despite signs the economy …
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