Business News
American Business News for 20 Aug 2019
Crystals' Resurgence in the Self-Care Age
The New Yorker - 20 Aug 2019 11:00
The U.S. Extends a Limited Reprieve on Technology Sales to Huawei by 90 Days
Time - 20 Aug 2019 04:44
Brazilian hotel company interested in Four Seasons restaurant
New York Post - 20 Aug 2019 04:38
Apollo Global looking to buy $2.4B Hilton time-share operator
New York Post - 20 Aug 2019 04:32
Wide Implications as Germany Teeters Toward Recession
Time - 20 Aug 2019 04:08
CEOs say corporations should no longer put shareholders first
New York Post - 20 Aug 2019 04:02
Bankers turn curiously optimistic about the economy
American Banker - 20 Aug 2019 03:59Competition for deposits is tight, the outlook for loan demand is uncertain, and regulatory relief is slow-moving. Yet community bankers are feeling better about the economy than they have in two... years, a Promontory Interfinancial Network survey found.
CBS-Viacom merger equals $70M payout to top executive Joe Ianniello
New York Post - 20 Aug 2019 03:40
How Small Hotel Brands Are Making A Big Mark In Luxury Travel
Forbes - 20 Aug 2019 00:46
BlackRock Unit Gets Approval to Take Russia-Linked Firm's Stake in Cybersecurity Company
Wall Street Journal - 20 Aug 2019 23:34A national-security panel that oversees foreign investment in U.S. businesses approved the transfer of a stake in cybersecurity company Cofense from a Russia-linked private-equity firm to funds... managed by BlackRock.
Shrinking U.S. Crude Discount Threatens Exports
Wall Street Journal - 20 Aug 2019 17:38The discount of the U.S. crude-oil benchmark to the global Brent price has fallen to its lowest level in more than a year, driven by an expansion in pipelines.
On Apple Card launch day, Goldman CEO says card is 'a beginning': memo
Reuters - 20 Aug 2019 17:11Goldman Sachs Group Inc officially became a credit-card lender on Tuesday by rolling out its first product with Apple Inc , but the bank has aspirations to grow much bigger in consumer lending, its... chief executive said in an internal memo viewed by Reuters.
Investors Don't Love Elanco's New Tricks
Wall Street Journal - 20 Aug 2019 17:06Elanco is smart to buy Bayer's animal-health business, but a high deal price could mean shares languish.
Facebook's New Tool Lets You See Which Apps and Websites Tracked You
The New York Times - 20 Aug 2019 17:00
U.S. regulators finalize changes easing post-crisis 'Volcker Rule'
Reuters - 20 Aug 2019 17:00Two U.S. banking regulators on Tuesday approved changes easing a rule introduced after the 2007-2009 financial crisis that bans banks from trading on their own account, giving Wall Street one of its... biggest wins under the Trump administration.
Steinhoff 'clearly plotted' Tekkie Town transfer path - judge
Fin24 - 20 Aug 2019 16:57The transfer path of Tekkie Town and its shares in late 2016 to Steinhoff subsidiary Pepkor was clearly plotted even before the first transfer took place, says a Cape High Court judge.
Apple Card Launches For Everyone. Now Credit Is As Private As Cash
Forbes - 20 Aug 2019 16:44
Wall Street set to snap three-day win streak as financials weigh
Reuters - 20 Aug 2019 16:43U.S. stocks eased on Tuesday after three sessions of strong gains, weighed by declines in financial companies, while better-than-expected results propped up retailer Home Depot.
Home Depot is bracing for tariffs: Company cuts expectations as lumber prices slide
USA Today - 20 Aug 2019 16:28Prime Real Estate: Amazon HQ2 Adds $200,000 To Crystal City Home Prices
Forbes - 20 Aug 2019 16:25
AI start-up H2O.ai raises $72.5 million from Goldman Sachs, Ping An
Business Standard - 20 Aug 2019 16:16
Disney to take on Netflix as streaming war heats up
Reuters - 20 Aug 2019 16:13The crowded market for video streaming, currently dominated by Netflix Inc, is expected to heat up further as Walt Disney Co rolls out its Disney+ service on Nov. 12 in the United States, Canada and... the Netherlands.
3 budget mistakes you're probably making
USA Today - 20 Aug 2019 16:00
Should a Pension Fund Try to Change the World?
Harvard Business Review - 20 Aug 2019 15:30Harvard Business School professors Rebecca Henderson and George Serafeim discuss the impact investing efforts of Hiro Mizuno, CIO of GPIF, Japan’s government pension fund. He says that improving... corporate governance, increasing inclusion and gender diversity, and addressing climate change would expand Japan’s economy. But, should a pension fund try to change the world?
Market Movers: What changed for D-Street while you were sleeping
The Economic Times - 20 Aug 2019 04:30Here is breaking down the pre-market actions.