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Business News

Location American Business News for 19 Aug 2019

How I Went From Buddy to BossI remember the day clearly. Lee Clow asked me into his office, and we sat down on his two big leather chairs facing each other. "We're going to make you the ecd of the office," he said. "I'm tired of... dealing with everybody's crap." Lee was the spiritual leader and creative force of the agency....

"Open Gesture of an I," by D. A. Powell

The New Yorker - 19 Aug 2019 11:00
Poetry by D. A. Powell: "Your life is not your own and / never was."

Pot Industry Underestimates Old-School Dealers

Wall Street Journal - 19 Aug 2019 13:34
Traditional drug dealers are still formidable competitors in states where cannabis is legal. Governments planning for huge tax windfalls and investors expecting rapid market-share gains have to adjust... to a slower burn.
Stocks to watch: M&M, DHFL,Here's a look at some of the counters that are likely to trade actively in today's trading session.
Nifty outlook and tradingTechnical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Motorola, Adobe, and TractorLast week Motorola, Adobe, and Track Supply showed the kind of strength and Wayne Himelsein likes to buy.
Japan's exports slipped for an eighth month in July, while manufacturers' confidence turned negative for the first time in over six years as China-bound sales slumped again in a fresh sign the... Sino-U.S. trade war could tip the economy into recession.
Asian shares were higher Monday, as investors continue to rejigger their
Market outlook and stock picksStock calls and market outlook by Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking Ltd.
Exec's style puts HBOPlans by HBO's new parent company to launch a Netflix rival is coming under fire from insiders -- many of whom are pointing the finger at their new boss, John Stankey. Critics told The Post that... AT&T's plans to launch a new streaming service to compete with the likes of Netflix and Amazon are off...
Do We Need A LinkedIn ForKnowledge work has changed how companies run but many of these changes severely impede relationships with co-workers, and in turn, the ability to access what they know. A new platform called Rimeto... aims to change that.
SoftBank Group is leaning on its employees, including Chief Executive Masayoshi Son, for cash as the firm rushes to raise an ambitious technology fund amid volatile markets.
2 Key Roles on Your Team ThatThere are only two types of employees: Advancers and Protectors. They are both important members of your team, and knowing the difference between them when hiring and when setting up your staff can... make all the difference in your success or failure as a team.
A Push to Let the U.S. ChargeA new bill in Congress seeks to expand a prohibition that covers Americans who pay bribes but not the foreigners who accept them.
PTC inks pact for 720 MWThe government has designated PTC as the nodal agency from Indian side to purchase surplus power from Bhutan, a company statement said.

Tech and Financial Stocks Help Drive U.S. Stocks Higher

The New York Times - 19 Aug 2019 17:00
Stocks marched broadly higher on Wall Street in early trading Monday, building on solid gains for the market after a rally late last week.
Growth in fitness is strong now, but analysts are already warning of a slowdown if the economy goes into a recession.
The Implied Analyst 12-MonthFor the iShares S&P Mid-Cap 400 Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $249.07 per unit.

Greene King in £4.6bn Hong Kong takeover

Sky News - 19 Aug 2019 16:51
Greene King in £4.6bnBritain's largest pub and brewery company Greene King has agreed to a £4.6bn sale to Hong Kong-based CK Asset Holdings.
Credit Default Swaps Are NotSince the onset of the financial crisis in 2007/8, many EU countries have taken action to suspend or ban short selling in Credit Default Swaps (CDS).
Dow, S&P 500, Nasdaq AndMajor indexes ended last week below semiannual pivots.
British Steel arm engineersThe engineering division of British Steel is racing to secure a sale days after Turkey's military pension fund secured the exclusive right‎ to buy the UK's second-largest steel producer.
Six juiciest football financeThe football season is back with bang but what happened off the pitch in the summer when it comes to money created major talking points.
The rally was also helped by easing demand for safe-haven government bonds, with investors looking for bargains in beaten-down stocks after three weeks of declines
Will Neuromarketing Drive 2020Neuromarketing tools have measured voter reactions to candidate messaging and have shown that survey answers can be incorrect. Look for more consumer neuroscience in 2020 political campaigns.