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Business News

Location American Business News for 26 October 2019

Walmart Sparks Panic and Confusion in the Dish Soap Aisle

Wall Street Journal - 26 Oct 2019 13:30
Walmart Sparks Panic and Confusion in the Dish Soap Aisle Procter & Gamble Co. didn't make enough dish soap, and Walmart Inc. is letting all its customers know about it.
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Stocks post gains on solid earnings, U.S.-China trade optimism The buying accelerated around midday after the U.S. Trade Representative's office said the discussions with China's negotiating team "made headway and the two sides are close to finalizing some sections of the agreement....
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Handling All Development Roles Pays Off In Era Of Specialists Handling architecture, development, construction, sales and management enables Optima, Inc. to imbue the multifamily properties it develops with a greater sense of community.
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Game Is On Again For Bitcoin, ETH, XRP, And XLM BTC,ETH,XRP, ETH, and XLM are in a rally mode that reminds 2016.
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Toys R Us kids of all ages, rejoice. The iconic brand's comeback includes the first two Toys R Us Adventure sites, new stores and a website.       
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Small finance banks offer higher FD rates than commercial banks.A look at the FD interest rate offered by small finance banks like Jana, Fincare, Utkarsh and Suryoday to senior citizens
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Microsoft Corp. has won the Pentagon's $10 billion cloud computing contract, the Defense Department said on Friday, beating out favorite Amazon.com Inc .
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Ex-Apple lawyer in charge of preventing insider trading indicted for insider trading A former top Apple lawyer who was in charge of preventing insider trading at the company was himself indicted on insider trading charges. Gene Levoff -- who worked at the iPhone maker for a decade between 2008 and 2018 -...
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PG&E has announced power outages for 2 million Californians, after acknowledging that a broken wire may have sparked the Sonoma blaze Noah Berger/AP California utility company Pacific Gas and Electric (PG&E) has notified 850,000 customers that they could lose power this weekend. The blackouts are meant to reduce wildfire risk amid warm, dry, windy cond...
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Offshore Wind Could Be A $1 Trillion Energy Giant - With The Right Support The International Energy Agency says that offshore wind will become a $1 trillion industry, with global capacity increasing 15-fold by 2040.
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Warner Bros. Faces Big Profit Share on Record-Setting 'Joker' Haul Warner Bros. could have reaped even bigger profits from 'Joker,' the top-grossing R-rated film of all time, if it hadn't unloaded a substantial share of the film to outside investors.
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The 35 best CEOs in the world, according to Harvard Business Review REUTERS/Katherine Taylor Harvard Business Review (HBR) released its annual CEO 100 list of the top chief executives globally — notably, Jeff Bezos didn't make the cut. HBR says it ranks the "best-performing" CEOs based...
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Blackstone's Online-Shopping Play: Warehouses

Wall Street Journal - 26 Oct 2019 11:30
Private-equity giant Blackstone has increased its bet on warehouses this year, accumulating facilities that benefit from the boom in online commerce and more rapid shipping times.
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General Motors Co will gradually restart operations at several idled plants in Mexico beginning this weekend, after unionized workers for the U.S. automaker ratified a new labor contract, the company's Mexican unit said ...
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Bezos foils a 1-2 punch: Billionaire regains richest man status as stocks rebound It was a whirlwind day for Jeff Bezos. The world's top billionaire briefly lost his spot as the richest man on Earth to Bill Gates on Friday morning, before recovering to reclaim the title by day's end. The Amazon founde...
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Gulliver's Gate tourist spot in Times Square files for bankruptcy A Times Square attraction showcasing major cities in miniature has a big problem. After just two-and-a-half years in business, Gulliver's Gate filed for bankruptcy Thursday, The Post has learned. Co-founder Michael Lange...
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Microsoft Beats Amazon For $10B Pentagon JEDI Contract After a bidding process that competitors had alleged was tailored for Amazon, the Pentagon has picked Microsoft to build a cloud storage system for the U.S. military. But don't count Bezos & Co. out.
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Splunk CEO: Artificial Intelligence Does Not Exist Today The CEO of Splunk offers some provocative comments on technology trends.
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Autoworkers ratify a new labor contract with GM, ending a 6-week national strike The UAW said Friday that its membership ratified a new four-year contract with General Motors bringing a six-week strike to a close.       
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Despite Amazon's disappointing earnings report this week, the company's ad revenues and streaming video offerings show real strength.
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The Best Country To Be A Social Entrepreneur In 2019 This week, a study released by Thomson Reuters revealed the best countries for social entrepreneurs to live and work in.
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The WD Black P10 Game Drive can store as much as 300 games on a PC. And a version for the Xbox One can store as many as 300 games.
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