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Business News

Location American Business News for 2 September 2019
Asian markets were a mixed bag Monday as the latest round of tariff hikes in the U.S.-China trade war took effect.
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Global stock prices fell on Monday after the United States and China imposed new tariffs on each other's goods, reinforcing investors' worries over slowing global growth.
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Floating Day Clubs May Be The Next Big Thing In Travel And Hospitality Having pioneered skyscraper rooftop restaurants and helped change the face of Thailand's dining scene, Lebua CEO Deepak Ohri is hoping to start a worldwide trend with what's believed to be the world's first floating day ...
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Facebook Stock To Propel With $6 Billion Yelp Acquisition? Per Trefis estimates, Facebook could potentially pay $5.8 billion to acquire Yelp and still accrue billions of dollars in value for its own shareholders. We detail the rationale behind Facebook potentially acquiring Yelp...
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Ailing Chinese Bank Stops Paying Coupons on CoCo Bonds

Wall Street Journal - 2 Sep 2019 13:49
Bank of Jinzhou said it would skip a year's worth of interest payments to international bondholders, days after reporting that losses and problem loans had soared.
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Lawyers for owners of 98,000 Volkswagen AG U.S. vehicles that had fuel economy labels that overstated efficiency will ask a U.S. judge for $26 million in attorney's fees and costs, court documents show.
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Fewer U.S. Oil & Gas Rigs Can't Slow Record Production Despite a rapidly falling rig count, U.S. oil and natural gas production continues to climb to all-time records. Looking forward, the future is obvious: more oil, more gas.
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U.S. stock futures weakened on a holiday Monday as tariffs on Chinese goods went into effect.
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Apple's iPhone 11 - What Would A 30-Year Old Steve Jobs Do? Steve Jobs balanced incremental and discontinuous innovations
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Jeremy Kopman joined InXile Entertainment during what I consider the most exciting time in its history — the crowdfunding chapter. He signed on shortly after the Kickstarter campaign for Wasteland 2, working on another...
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As Hurricane Dorian Dawdles Private Jets Are Speeding Rescue And Aid Missions Often used a lightning rod for its detractors, once against private aviation is playing a critical role with evacuation and emergency relief even as Hurricane Dorian still churns across the Bahamas headed for the U.S. co...
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With price parity, presumably higher-performing SSDs would kill off slower HDDs. But as storage needs increase, HDDs have an important role to play.
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Nick Berry, a former Facebook data scientist, has stage IV cancer. He doesn't know how much time he has, but he hopes to see his kids finish high school.
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Creative Entrepreneur Ian Mills On Why He Launched His Commercial Choreography Firm In South Africa Ian Mills, the founder of Ian Mills Productions, on why he launched his commercial choreography practice in South Africa
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Trade Disputes Curb Global Factory Activity as Confidence Wanes The fallout from an escalating trade war between the U.S. and China is rippling through the global economy, crimping growth in Asian industrial giants such as Japan and South Korea and hitting factories as far away from ...
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No Relief for Big Tech Under New EU Leadership

Wall Street Journal - 2 Sep 2019 16:34
No Relief for Big Tech Under New EU Leadership The incoming head of the EU executive arm is promising new laws on artificial intelligence and the use of big data within 100 days of taking office on Nov. 1, as the bloc's antitrust enforcer gathers evidence to probe th...
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29% of Small Businesses Spend Less Than $1,000 on IT Security Annually How much are you spending on IT security every year?
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China has lodged a complaint against the United States at the World Trade Organization over U.S. import duties, the Chinese Commerce Ministry said on Monday.
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Argentina's international dollar and euro-denominated bonds fell to record lows on Monday and the official peso diverged from the black market after President Mauricio Macri imposed capital controls on Sunday as the coun...
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As New Tariffs Take Effect, China Vows No Concessions To Trump With new tariffs taking effect, China's Communist party newspaper warned against any concessions to President Trump.
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The Murder Of Daphne Caruana Galizia And The Issue Of Corruption in Malta Ahead of the Venice premiere of the Laundromat, Meryl Streep paid a tribute to a Maltese journalist, Daphne Caruana Galizia, who was murdered for her investigative reporting. While the Laundromat is a comedy-drama, in he...
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When Rupert Murdoch's Fox Corp launches the FOX Bet sports betting platform on Monday, it will do what no other major media company has done in North America: become the face of a sports gambling platform.
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