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Business News

Location American Business News for 15 August 2019

Care.com Needs Supervision

Wall Street Journal - 15 Aug 2019 18:44
Activist investor calls for Care.com to consider a sale, but even that may not be enough to restore parents' lost trust.
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How To Go From Zero To IPO

Forbes - 15 Aug 2019 14:00
How To Go From Zero To IPO It's a long process to start from scratch and eventually get to an IPO. Here's what it takes.
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Cisco Systems Inc. shares dipped 7% in after-hours trading Wednesday after a disappointing forecast that could be related to weakness in China and tech-spending concerns that the networking giant has so far managed to av...
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How Bad Is The U.S. Economy In 2019?

Forbes - 15 Aug 2019 18:23
How Bad Is The U.S. Economy In 2019? The United States economy is growing moderately as of August 2019, though the yield curve is flashing red. We're not in recession now, but the outlook is better than recent headlines, but a contingency plan for downturn ...
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ECB Takes Hacked Website Offline

Wall Street Journal - 15 Aug 2019 18:11
The European Central Bank, which supervises data protection at Europe's largest banks, said Thursday that it temporarily shut down one of its websites after it was hacked and injected with a malicious software.
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Ryanair expects minimal cancellations with affected passengers flying out at different times if pilots in Britain and Ireland go ahead with a two-day strike next week, the airline's chief people officer said on Thursday.
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Republican El Paso Mayor Dee Margo said on Wednesday that President Donald Trump called him a “RINO” (Republican In Name...
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UBS: Gold To Reach Almost $1,700 Next Year

Forbes - 15 Aug 2019 18:17
UBS: Gold To Reach Almost $1,700 Next Year "Investors are turning to gold amid expectations of slower US and China growth, dovish central bank policy particularly at the Fed, further declines in real rates, weaker equities and growing concerns of a recession," a ...
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Dealers Dangle Deals to Move Outgoing Models

Wall Street Journal - 15 Aug 2019 15:00
Dealers Dangle Deals to Move Outgoing Models Dealership lots remain crowded with aging vehicles at a time when car companies typically focus on selling newer models, posing a threat to dealers' profits while promising bigger discounts for shoppers.
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How Much HDD Revenues Can Western Digital Add Over The Next 2 Years? Western Digital's (NASDAQ: WDC) HDD revenue will likely grow at an average annual rate of 10.7% from $8.6 billion in fiscal 2019 to $10.5 billion in fiscal 2021, according to Trefis estimates. This growth will likely be ...
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A Look At China Unicom's Subscriber Performance Over The First Half Of 2019 China Unicom (NYSE:CHU) has underperformed its rivals China Mobile and China Telecom in terms of net subscriber additions over the first half of 2019. In this analysis, we take a look at how the major Chinese carriers fa...
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What You Can Learn About Constraints From The Author Of Frankenstein English novelist Mary Shelley spent the summer of 1816 at Villa Diodati in Cape Geneva. Thanks to an unexpectedly wet and stormy summer, Shelley was trapped indoors. She had almost nothing to do but sit around the firepl...
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Saudi Aramco debuts in an earnings call

The Economist - 15 Aug 2019 17:08
THE EARNINGS call lasted about half an hour and was, by conventional measures, underwhelming. Saudi Aramco, the world's most profitable company, gave no guidance on capital spending. Its finance chief, Khalid al-Dabbagh,...
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China's Alibaba: Cheaper Than Amazon And Beating Wall Street's Expectations Alibaba surprises, and gives China investors some good news for once.
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Lumber Liquidators: Get in on the Ground Floor

Wall Street Journal - 15 Aug 2019 13:30
Flooring retailer Lumber Liquidators suffers from negative sentiment four years after a scandal and is being pinched by tariffs on Chinese imports, but its shares are too cheap to ignore.
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The appointment of the fund managers for another term of three years has been pending with the EPFO since April last year.The EPFO had appointed multiple fund managers for the first time in July 2008
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Danish brewer Carlsberg posted a solid rise in half-year sales thanks to Asian markets, where consumers are trading up from mainstream beers to pricier premium brands, lifting its shares 5 percent on Thursday.
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PG&E outside inspectors find tree hazards that were overlooked The utility's court-appointed compliance monitor concluded that PG&E isn't trimming trees that pose wildfire threats in high-risk areas of California and didn't train its contractors properly.
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Alibaba IPO plan at risk amid massive Hong Kong protests Chinese e-commerce platform Alibaba is weighing a delay to its listing on the Hong Kong Stock Exchange due to massive anti-China protests that have shuttered the airport and captivated the world. The Chinese online retai...
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If you're traveling, be careful with free Wi-Fi and protect your data Here are six tips to beef up your digital security on the road or at your local coffee shop this summer       
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Viacom-CBS Merger Could Boost Advertising Ambitions

Wall Street Journal - 15 Aug 2019 01:02
Viacom-CBS Merger Could Boost Advertising Ambitions The tie-up is poised to fuel new ad technology and ad-supported streaming video.
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Bankruptcy filings by U.S. energy producers so far this year have already nearly matched the total for the whole of 2018, law firm Haynes & Boone reported on Wednesday, as volatile oil and gas prices drive companies to s...
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