Business News
Corporate Boards Are Pessimistic About Trade Between the U.S. and China
Harvard Business Review - 29 Mar 2019 15:00
And they’re planning accordingly.
U.S. consumer spending soft, inflation benign as economy slows
Reuters - 29 Mar 2019 18:55
U.S. consumer spending barely rose in January and income increased modestly in February, suggesting the economy was fast losing momentum after growth slowed in the fourth quarter.
White House's Kudlow says U.S.-China trade talks making headway
Reuters - 29 Mar 2019 21:09
White House economic adviser Larry Kudlow said on Friday the United States and China are making progress in trade talks.
Nestle to face lawsuit saying Poland Spring water not from a spring: U.S. judge
Reuters - 29 Mar 2019 00:52
A federal judge on Thursday rejected Nestle SA's bid to dismiss a revised lawsuit claiming that it defrauded consumers by filling bottles of its Poland Spring water with ordinary groundwater.
1-year-old Bison shot and killed on Sanborn farm
Miami Herald - 29 Mar 2019 23:36
Authorities in Redwood County are investigating the death of a 1-year-old bison that was shot in the eye at a farm in rural Sanborn. KEYC-TV reports that the owner of …
Huawei rips US government over China spying accusations
New York Post - 29 Mar 2019 22:15
Chinese smartphone maker Huawei lashed out at Uncle Sam Friday after reporting a record $105 billion in sales for 2018. "The US government has a loser's attitude," Chairman Guo Ping said at a press conference. "They want...
These amazing PC gaming accessories are at the best prices we've ever seen
USA Today - 29 Mar 2019 20:48
PC gamers rejoice! This Logitech sale is perfect for an upgrade or two.
How Sovereign Citizens Helped Swindle $1 Billion From the Government They Disavow
The New York Times - 29 Mar 2019 16:19
Tens of thousands of far-right extremists subscribe to a paranoid ideology that lends itself seamlessly to financial crime.
Amazon Web Services to open infrastructure location in Colombia
Reuters - 29 Mar 2019 04:30
Amazon Web Services (AWS), a unit of Amazon.com Inc, said on Thursday it will open a Latin America infrastructure location in Colombia and help train 2,000 students in cloud technology.
U.S.' Mnuchin says had 'productive working dinner' in China
Reuters - 29 Mar 2019 02:45
U.S. Treasury Secretary Steven Mnuchin said on Friday he had a "productive working dinner" the previous night in Beijing, as he headed to a state guest house to begin a day of trade talks.
The Fed: White House's Kudlow calls for Fed to 'immediately' make half-point cut -- and then walks it back a bit
Market Watch - 29 Mar 2019 23:22
The White House ramped up the political pressure on the Federal Reserve Friday as top economic adviser Larry Kudlow called for an immediate 50 basis point rate cute.
Stocks fueled by trade hopes, Brexit setback hits pound, German yields
Reuters - 29 Mar 2019 20:02
Stock markets around the world moved higher on Friday following signs of progress in U.S.-China trade talks, while the British pound and German bond yields fell after lawmakers rejected Prime Minister Theresa May's Brexi...
10 years after bailouts: How GM and Chrysler have transformed since near-death experience
USA Today - 29 Mar 2019 18:23
In March 2009, the Obama auto task force found that GM and Chrysler weren't financially viable and needed to go through unprecedented bankruptcies.
Trade optimism pulls Wall Street higher on final day of quarter
Reuters - 29 Mar 2019 17:34
U.S. stocks rose on Friday, with the S&P 500 set to post its best quarterly performance in more than nine years, boosted by optimism over the latest round of trade negotiations between the United States and China.
Plant owner fined $250K for toxic leak that closed bridge
Miami Herald - 29 Mar 2019 17:34
A chemical plant owner is facing nearly $250,000 in penalties after a toxic gas leak that closed the Delaware Memorial Bridge for hours in November. Department of Natural Resources and …
Report: Anti-stall system was on before Ethiopian jet crash
Miami Herald - 29 Mar 2019 17:33
Investigators have determined that an anti-stall system automatically activated before an Ethiopian Airlines Boeing 737 Max jet plunged into the ground, a newspaper reported Friday. The Wall Street Journal reported …
Judge blocks Trump's small-business health insurance plan
Miami Herald - 29 Mar 2019 17:30
A federal judge has struck down a small-business health insurance plan widely touted by President Donald Trump, the second setback in a week for the administration's health care initiatives. U.S. …
Science Says: Why scientists prize plant, animal genomes
Miami Herald - 29 Mar 2019 17:26
Just about every week, it seems, scientists publish the unique DNA code of some creature or plant. Just in February, they published the genome for the strawberry, the paper mulberry …
Republican lawmaker loses in lawsuit over 2018 tax law
Miami Herald - 29 Mar 2019 17:20
The Oregon Tax Court has sided with Democratic lawmakers on a lawsuit filed last year by a Republican state senator hoping to overturn a controversial tax law. The Oregonian/OregonLive reports …
Thai Election Commission blames software for counting errors
Miami Herald - 29 Mar 2019 17:15
Thailand's Election Commission, facing widespread criticism for inconsistent and delayed vote totals from last Sunday's general election, says computer software was partly to blame. It said Friday that during early …
Officials: Flooded Iowa roads could take months to repair
Miami Herald - 29 Mar 2019 17:13
Transportation officials say it will take months to repair major roads in western Iowa damaged by spring flooding. The Des Moines Register reports that state transportation official Scott Suhr says …