Business News
IRCTC IPO allotment status: How to check
livemint.com - 9 Oct 2019 12:03
IRCTC IPO saw bumper demand for its shares.The issue was subscribed over 110 times
Trade War Spins Out Of Control
Forbes - 9 Oct 2019 02:07
Washington is upping the trade war game with Beijing--it won't work.
As 'Joker' Tops $300 Million, Why Its Biggest Artistic Weakness Is Also The Key To Its Box Office Success
Forbes - 9 Oct 2019 17:00
'Joker' jumped 43% on Tuesday and passed $300 million worldwide as audiences are realizing the DC Films flick isn't nearly as extreme or as dangerous as they've been told.
How Ad Executive Karina Dobarro Is Having The Time Of Our Lives
Forbes - 9 Oct 2019 16:35
Call her Ms. 305 Worldwide. Karina Dobarro has been named Chief Strategist and the highest-ranking woman at a venture launched by Cuban-American rapper Pitbull (Armando Peréz) and Horizon Media founder and CEO Bill Koen...
Apple Angers China by Approving Cop-Tracking Map App for Hong Kong
Wall Street Journal - 9 Oct 2019 13:34U.S. companies walk a fine line when doing business with China
L.A. Times - 9 Oct 2019 03:17
The furor over a tweet by the Houston Rockets general manager in support of Hong Kong protesters is highlighting the fine line that U.S. companies must walk when doing business with China.
Judge opens door to PG&E noteholders filing their own reorganization plan
Reuters - 9 Oct 2019 23:54
The judge overseeing the bankruptcy of PG&E Corp on Wednesday issued an order opening the door to a group of noteholders to file their own reorganization plan for the California power provider.
Fed's Latest Move Needs a Name
Wall Street Journal - 9 Oct 2019 19:28
The jury is out on what to call the central bank's increased purchases of short-term Treasurys.
James River's stock craters after insurer cancels all policies issued to Uber unit
Market Watch - 9 Oct 2019 16:37
Shares of insurer James River Group Holdings Ltd. tumbled 22% Wednesday, putting them on track for their biggest one-day percentage decline since February of 2018, after the insurer said it plans to cancel all policies i...
U.S. Dips in Global Competitiveness Index as Singapore Takes Top Spot
Time - 9 Oct 2019 04:38
The U.S. is losing ground in measures such as "healthy life expectancy" and preparedness for the future skills needed in the 21st century
Johnson & Johnson Hit With $8 Billion Jury Verdict in Risperdal Suit
The New York Times - 9 Oct 2019 03:47
A Philadelphia jury found that a subsidiary downplayed the risks that the anti-psychotic drug could lead to breast growth in boys.
Atlanta becoming hot spot for branch expansion
American Banker - 9 Oct 2019 03:00
A strong economy, low-cost deposits and disruption from M&A are presenting opportunities.
A $40 billion pile of leveraged loans is battered by big losses
American Banker - 9 Oct 2019 20:59
Barely noticed in a corner of the financial markets, leveraged loans originally worth about $40 billion are staging their own private meltdown.
No-deal Brexit could send U.K. stocks and pound plunging
Market Watch - 9 Oct 2019 17:16
A no-deal Brexit could weaken the U.K. stock market by 15% and send the pound plunging a further 10% against the U.S. dollar, index provider MSCI has warned.
It Takes Unions Many Years To Get Contracts At This United Express Carrier, Where Flight Attendants Start At $15,000
Forbes - 9 Oct 2019 17:02
The little-known Appleton, Wis.-based company is the largest privately held U. S. airline and the only one with a woman - onetime TWA executive Christine Deister - as CEO.
Open Banking 101: How Financial Institutions Can Take Advantage of a Global Movement
Business Insider - 9 Oct 2019 17:02
Open banking, which has been implemented in the U.K., involves sharing customers' financial information electronically and securely, but only under conditions that customers approve. Open banking forces lenders to offer ...
Chrome’s new AI feature solves one of the web’s eternal problems
Fast Company - 9 Oct 2019 15:00
To help blind and low-vision users, Google is using machine learning to generate descriptions for millions of images. The internet—and social media in particular—is dominated by images. But not everyone can see them....
PG&E Shutoff: Up To 800,000 Californians Could Lose Power This Week
Forbes - 9 Oct 2019 14:55
The embattled electricity company is proactively working to prevent wildfires.
U.S. Army Is Treating Two Soldiers for Vaping-Related Lung Illness
Wall Street Journal - 9 Oct 2019 14:31Trump's trade war means America lost the top spot as the world's most competitive country
Business Insider - 9 Oct 2019 12:53
Ian Walton/Getty Images The US is no longer the most economically competitive country in the world. That's according to the World Economic Forum, which has has been assessing economic competitiveness for the last 40 year...
Goldman Sachs is setting up a WeWork office in London as an emergency trading floor
Business Insider - 9 Oct 2019 11:19
Chris Hondros/Getty Images Goldman Sachs has set up a "disaster recovery" trading floor in a WeWork office space in London. The site is near the bank's new headquarters in Farringdon in central London. Goldman also has a...
Oil falls a third day as U.S.-China trade tensions may limit demand
Reuters - 9 Oct 2019 08:59
Oil prices slipped for a third consecutive session on Wednesday as tensions escalated between the United States and China prior to this week's trade talks, raising uncertainties for global economic growth and oil demand.