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Business News

Location American Business News for 29 August 2019

Deere Replaces CEO as Machinery Sales Sag

Wall Street Journal - 29 Aug 2019 18:14
Deere Replaces CEO as Machinery Sales Sag Deere & Co., the farm machinery maker, said Thursday its president, John May, would succeed Samuel Allen as chief executive in November.
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Alphabet Dips Its Toe Into Infrastructure Investing

Wall Street Journal - 29 Aug 2019 13:00
The white-hot world of infrastructure investing has attracted a notable new entrant: Alphabet.
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The Weight

The New Yorker - 29 Aug 2019 11:00
Anne Enright writes a flash-fiction short story, "The Weight," about a trip on an airplane.
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THIRTY KILOMETRES off the coast of Denmark, in the dark, churning North Sea, 91 white turbines slice through the air. The Scandinavian country is the birthplace of the offshore-wind industry. In 1991 the world's first su...
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What Should Be Next For Electric Vehicles: Real All-Wheel Steering If you've ever struggled to parallel park a car (or any vehicle), new ideas about how electric vehicles can maneuver in almost impossible ways may be coming to an EV near you soon.
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'The Spy' Creator Talks Sacha Baron Cohen's Turn Israeli Spy Eli Cohen And Potential As Freddie Mercury All six episodes of The Spy premiere on Netflix in September
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U.S. President Donald Trump said negotiators for the United States and China were scheduled to have talks aimed at easing their trade tensions later on Thursday "at a different level," but did not provide additional deta...
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Comerica Can't Fight the Fed

Wall Street Journal - 29 Aug 2019 13:00
Comerica is among the U.S. banks most sensitive to lower interest rates, which means its shares probably have further to fall.
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The Engineers Captivating Pharma Make Cells Not Software The ambitions of startups in the cell therapy space illustrates just how incredibly audacious - and routinely audacious -- biological engineering has become.
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India's Restaurants Rebel Against Food Delivery Apps

The New York Times - 29 Aug 2019 18:24
India's Restaurants Rebel Against Food Delivery Apps Frustrated by the steep commissions and discounts that apps like Zomato and Uber Eats push on restaurants, thousands have started a movement to #Logout from them.
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U.S. Companies Say Trade War Is Hitting China Operations

Wall Street Journal - 29 Aug 2019 17:00
U.S. Companies Say Trade War Is Hitting China Operations More American companies are hurting as the U.S.-China trade war intensifies, a new survey of businesses shows, with many saying they are losing sales in China and either slowing or canceling investments.
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Switzerland's biggest bank UBS on Thursday appointed former Credit Suisse manager Iqbal Khan to co-lead its flagship wealth management business, as part of a broader shake-up of its executive board.
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Tiffany sales hurt by Hong Kong political unrest

New York Post - 29 Aug 2019 03:33
Tiffany sales hurt by Hong Kong political unrest Political unrest in Hong Kong is hurting sales of Tiffany & Co.'s pricey baubles, the luxury jeweler said Wednesday. The retailer, known for its Robin’s egg blue boxes, recently lost six sales days in Hong Kong -- its ...
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Argentina will negotiate with holders of its sovereign bonds and the International Monetary Fund to extend the maturities of its debt obligations as a way of ensuring the country's ability to pay, Treasury Minister Herna...
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The International Monetary Fund is analyzing the impact of a new debt plan announced by Argentina's Treasury Ministry on Wednesday, an IMF spokesman said.
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Making surfboards is a dying craft in California. But at least one surfboard maker hopes the tide will turn once Trump's latest tariffs take effect.
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Use The MAPS Method To Create Your Next Goal To achieve your financial goals, you need a measurable, actionable plan.
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Control's story and world are kind of dumb, but it's a lot of fun anyway.
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Lower-Income Shoppers Fuel Gains at Dollar Chains

Wall Street Journal - 29 Aug 2019 22:58
Lower-Income Shoppers Fuel Gains at Dollar Chains Dollar General and Dollar Tree separately said sales rose during the most recent quarter and that executives are working to manage the cost of new tariffs on Chinese goods.
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When Yoho! Met Dazed: How the New Media-Retail Supergroup Plans to Captivate China's Gen Z Today's launch of new culture-commerce-events coalition between British group Dazed Media - the original window onto countercultural youth - and hyper-influential Chinese streetwear empire Yoho! heralds an unprecedented ...
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Could 2020 Be A Graveyard For DTC Brands?

Forbes - 29 Aug 2019 22:25
Could 2020 Be A Graveyard For DTC Brands? With a booming Direct to Consumer (DTC) market in 2019 could 2020 spell trouble for the industry with a flooded market and rising customer acquisition costs?
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Superstar developer and Oculus CTO John Carmack remains skeptical about consumer uses for augmented reality, and says early AR devices were overhyped.
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