Business News
Is it a wise idea to opt for repo-linked loan?
livemint.com - 21 Aug 2019 19:18
RLLR-based home loan will ensure faster rate cut transmission.In the past, there has been a lot of talk of banks not being able to effectively transmit rate cuts to customers
Royal Bank of Canada's Profit Increases
Wall Street Journal - 21 Aug 2019 12:53
Royal Bank of Canada report that third-quarter profit grew as net interest income rose by almost 10%, but its credit-loss provision climbed 23%.
Santander to cut 80 U.S. mortgage jobs as it exits TPO loan channel
American Banker - 21 Aug 2019 18:19
Santander Bank's U.S. unit will be eliminating 80 mortgage-related positions as it withdraws from the third-party origination sales channel and refocuses on producing home loans through its branch network.
New Accounting Rules Limit Transparency And Harm Investors
Forbes - 21 Aug 2019 15:12
We raise awareness for both regulators and investors of how recent changes in disclosures affect average investors.
Dell unveils new XPS, Inspiron, and Vostro models with Intel Comet Lake processors
Venture Beat - 21 Aug 2019 15:00
Ahead of the IFA 2019 conference in Berlin, Dell unveiled a slew of new XPS, Vostro, and Inspiron models packing Intel's latest-generation Core processors.
Texas shale towns grapple with growth as oil-bust fears fade
Reuters - 21 Aug 2019 13:08
In west Texas, the center of the U.S. oil boom, about 3,800 students at Permian High School are crammed into a campus designed for 2,500, with 20 portable buildings to help with the overflow.
London Markets: British stocks bid higher for third gain in four sessions
Market Watch - 21 Aug 2019 11:55
The path of least resistance was higher on Wednesday as British stocks rallied with little macroeconomic or corporate news.
Trump looking at possible tax cuts amid economic jitters
Reuters - 21 Aug 2019 01:51
President Donald Trump said on Tuesday his administration was considering potential tax cuts on wages as well as profits from asset sales, and sought to play down market anxieties that the world's top economy could be he...
Once listed for $1 billion. Sold for $100,000. What just happened?
L.A. Times - 21 Aug 2019 00:48"Salome" Is the Opera That Fascinates Me Most
The New Yorker - 21 Aug 2019 17:40
Alex Ross writes about Richard Strauss's opera "Salome," whose staggeringly original score, unsettling sexual and racial politics, and disjointed scale effectively raised the curtain on twentieth-century music.
U.S. markets regulator proposes new guidelines on shareholder advisers
Reuters - 21 Aug 2019 16:43
The U.S. Securities and Exchange Commission on Wednesday proposed new guidance that aims to clarify how investors and advisory firms that vote on their behalf should cast their votes in corporate elections on issues like...
7 Things That Really Grind Consumers' Gears, And What You Can Do About It
Forbes - 21 Aug 2019 16:33
Are you getting on your customers' nerves?
For Manufacturers in China, Breaking Up Is Hard to Do
Wall Street Journal - 21 Aug 2019 16:33For This Global Leader, Smart Money Follows Smart Ideas
Forbes - 21 Aug 2019 15:57
Tom Costabile, Exec.Dir. of the American Society of Mechanical Engineers, explains why engineering at its best is first about ethics, not tech.
Market Snapshot: Dow rises 200 points amid good earnings from Target and Lowe's
Market Watch - 21 Aug 2019 15:46
U.S. stocks head higher Wednesday after upbeat quarterly results from some of the nation's biggest retailers Target Corp., and Lowe's.
Q2 Roundup: Walmart Wins Big, Department And Apparel Stores Must Prepare For Tariffs
Retail Touch Points - 21 Aug 2019 15:01
With another major earnings week underway, the biggest names in retail continue to grab the most attention, albeit for quite contradictory reasons: Walmart was a big winner despite its internal struggle over high e-Comme...
Book in the news... the inside story of Spain's tumultuous crisis
MoneyWeek - 21 Aug 2019 12:23
After the Fall Crisis, Recovery and the Making of a New SpainA book that goes beyond politics to offer a deeply sympathetic portrayal of a country. The post Book in the news... the inside story of Spain's tumultuous cris...
Exclusive: Alibaba postpones up to $15 billion Hong Kong listing amid protests - sources
Reuters - 21 Aug 2019 05:10
China's biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15 billion listing in Hong Kong amid growing political unrest in the Asian financial hub, two people with knowledge of the matter told R...
Asia Markets: Asian markets pull back after recession fears weigh on Wall Street
Market Watch - 21 Aug 2019 04:51
Asian markets were mostly lower in early trading Wednesday, after recession worries led to losses on Wall Street.
Walmart Is Suing Tesla for Solar Panels That Went up in Flames
Time - 21 Aug 2019 03:49
The retailer said fires broke out at seven store rooftops between 2012 and 2018, causing millions of dollars in damage.
Store executives starting to worry about tariffs’ effects on consumers
USA Today - 21 Aug 2019 01:54
Americans continue to shop, vacation and buy cars but businesses are worried that President Donald Trump's tariffs will depress consumer spending.
Google's Nest Mini will reportedly succeed the Home Mini
Venture Beat - 21 Aug 2019 23:20
Google Nest will reportedly replace the Google Home Mini with a second-gen Nest Mini, a device with better sound and a wall mount.