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Business News

Location American Business News for 12 October 2019
A Spice Company Spent $92,000 on Pro-Impeachment Facebook Ads in a Week A Wisconsin-based purveyor of pepper, paprika and poppy seeds spent more on impeachment-related Facebook ads than any entity besides President Trump.
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An Opinion Over The Latest U.S. Increase In Wine Tariffs The Trump Administration announced a 25% increase in the import tariff on EU wines to begin October 18, 2019, and it's been reported the increase applies to wines under 14% AB. In addition, the new tax does not apply to ...
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Google Shuts Out Payday Loans With App Store Ban

Wall Street Journal - 12 Oct 2019 16:07
Google has barred high-interest consumer loan services from the Google Play app store, limiting payday lenders' ability to access users of Android devices.
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Revolut targets $1.5bn to join fintech elite

Sky News - 12 Oct 2019 13:41
Revolut targets $1.5bn to join fintech elite British-based digital payments and banking group Revolut is trying to raise $1.5bn (£1.2bn) from investors as part of a quest to become one of the world's most highly-prized fintech companies.
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Higher tariffs. Slower growth. The countdown to Brexit.
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A failed ATM or debit card transaction is one which has not been completed due to any reason not attributable to the customer.The RBI has specified compensation if the failed transactions are not reversed within a specif...
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Boeing names new board chairman in setback to CEO

New York Post - 12 Oct 2019 03:17
Boeing names new board chairman in setback to CEO CHICAGO -- Boeing CEO Dennis Muilenburg has lost his title as chairman of the troubled aircraft manufacturer, nearly a year after the first of two crashes of its 737 Max that together killed 346 people. Boeing announced ...
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PG&E, Apple, Bed Bath & Beyond: Stocks That Defined the Week

Wall Street Journal - 12 Oct 2019 02:26
Here are seven major companies whose stocks moved on the week's news
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Bankruptcy Judge Pushes Purdue Into Talks With States Over Sackler Family Legal Shield A bankruptcy judge granted a brief legal reprieve to the Sackler family, owners of Purdue Pharma, shielding them from answering in court for their alleged role in feeding the nationwide opioid crisis.
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LVMH Leans Into Luxury's Future With Its Investment In Mission-Driven Madhappy LVMH risks little but stands to gain much in its investment in fashion-startup Madhappy. That investment is less about the brand's fashions than with how it has instilled meaning relevant to GenZ and Millennial customers...
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Wall Street giants Blackstone and Citadel have reportedly held talks about a massive deal to combine their powers Hollis Johnson/Business Insider Wall Street giants Blackstone Group and Citadel have reportedly held deal talks. Blackstone has held discussions to take a stake in the hedge fund itself as well as its securities-trading ...
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Marijuana Madness Turns Into a Cannabis Crash

Wall Street Journal - 12 Oct 2019 16:00
Marijuana Madness Turns Into a Cannabis Crash Share prices of marijuana producers tumbled this week, some by nearly 40%, after a string of disappointing quarterly reports and mounting skepticism about the industry's rosy growth forecasts.
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Finding Your Purpose In Becoming An Entrepreneur A self-reliant entrepreneur is many things, but in a way, it is simply someone who believes that their life is a work in progress.
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Hot Property Newsletter: No time like the present for luxury real estate deals For home buyers and sellers, the time is right to wrap sales up before the end-of-the-year holiday slowdown.
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Facebook's global digital currency Libra has suffered severe setbacks as eBay, Stripe, Mastercard, Visa, and Mercado Pago quit the project.
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Are you having trouble getting paid? Learn how remove friction in the payment process and spend more time servicing customers in this VB Live event.
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Uber Technologies Inc said on Friday it would buy a majority stake in Chilean online grocery provider Cornershop as the ride hailing company seeks to widen its fast-growing food delivery app to include groceries and othe...
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Anheuser-Busch is diving headfirst into authentic experiential marketing when it comes to esports. And Joe Barnes and Stuart Saw are leading the way.
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Are you ready for America's data protection laws?

Venture Beat - 12 Oct 2019 19:25
If your company is still grappling with Europe's data protection laws, then watch out. You'll soon have American data protection laws to deal with, too.
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EA Sports is launching its latest FIFA competitive gaming series tournament and media campaign. It has grown significantly in three years.
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Google Shuts Out Payday Loans With App Store Ban

Wall Street Journal - 12 Oct 2019 16:07
Google Shuts Out Payday Loans With App Store Ban Google has barred high-interest consumer loan services from the Google Play app store, limiting payday lenders' ability to access users of Android devices.
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AI (Artificial Intelligence): What's The Next Frontier For Healthcare? Here are predictions from top experts in the field.
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