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Business News

Location American Business News for 29 October 2019

Futures Exchange Reins In Runaway Trading Algorithms

Wall Street Journal - 29 Oct 2019 21:29
The Chicago Mercantile Exchange is cracking down on runaway algorithms in one of the world's biggest futures markets. A surge in the volume of data tied to Eurodollar futures wasn't caused by an increase in trading.
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With rumors of new features for the Apple iPhone, Samsung begins its own game of leaks.
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Over 28% Of US Adults Read Both Physical and Digital Books While e-book revenues are down according to data reported by the Association of American Publishers, a new survey conducted by Pew Research Center indicates that e-book readership is steady.
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Demonic Designers Have Created Hellvetica, a Typeface of Torment Copywriters might be able to spin a haunting yarn, but what can art directors do to chill the blood during Halloween season? This. They can do this. Two R/GA associate creative directors have launched Hellvetica, a fiend...
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Geopolitics weighs on Mastercard's global B2B ambitions

American Banker - 29 Oct 2019 17:10
Mastercard is aggressively building a business payments ecosystem as it keeps an eye on political headwinds it has little control over.
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21 collector's items that are actually worthless today

Business Insider - 29 Oct 2019 16:42
21 collector's items that are actually worthless today Ben Birchall/PA Images/Getty Images While some vintage items can make you filthy rich, others are basically doomed to collect dust in your basement. Some collectibles like Beanie Babies, Barbie dolls, or vintage band T-s...
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Merck & Co Inc on Tuesday said it expected immunotherapy Keytruda to continue its market dominance as an initial treatment for advanced lung cancer as sales of the drug topped $3 billion in a quarter for the first time, ...
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Why Is Daimler AG Set To Have A Drop in Revenue Of $3 Billion In the Financial Services Division Daimler AG (OTCMKTS: DDAIF) has its headquarters in Stuttgart, Germany. The main business of the company is the development, production, and distribution of cars, trucks, and vans across the globe. The company also has a...
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Merck & Co Inc blew past Wall Street expectations for third-quarter profit on Tuesday, as sales of its blockbuster immunotherapy Keytruda crossed the $3-billion mark for the first time in a quarter and beat lofty estimat...
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This sponge-like nanomaterial uses HVAC systems to create water from thin air Using the material in a large HVAC system on a commercial building could produce thousands of gallons of water an hour. In cities hit by drought—including Harare, Zimbabwe, where the city turned off taps in some neighb...
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GM and Toyota Back Trump Administration on Emissions Rules

Wall Street Journal - 29 Oct 2019 04:41
GM and Toyota Back Trump Administration on Emissions Rules GM and Toyota are siding with the Trump administration as environmental groups challenge its proposed rollback of California emissions rules.
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New political perils mean it's a dangerous time to be an investor The experts think there will be only one more interest rate cut from the Federal Reserve this year. And they expect it this week. I think the "experts" are wrong. I think there will be more cuts, but it won't be because ...
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American Banker Capitol Hill reporter Neil Haggerty shares how the D.C. community reacted to Mark Zuckerberg's congressional testimony and how they look at the project now.
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Shares of Mattel jumped as much as 20% in extended trading Tuesday after the company posted better-than-expected earnings and announced it would be hiring a new chief financial officer in the wake of a whistleblower inve...
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'Stunning': Boeing CEO Dennis Muilenburg drilled by Senate after 737 Max crashes In the Senate hearing, family members of people who died in 737 Max crashes stood holding photos of their loved ones. CEO Dennis Muilenburg apologized       
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Dollar Edges Lower as Investors Await Fed, Data

Wall Street Journal - 29 Oct 2019 19:53
Investors are gearing up for a Federal Reserve meeting and key economic data later this week that could prove pivotal for the becalmed U.S. dollar.
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20 great gifts your coworkers will actually use

USA Today - 29 Oct 2019 17:53
20 great gifts your coworkers will actually use 20 great gift ideas for your coworkers, from the best travel mugs and skincare products to office accessories and coffee tools.       
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Why it’s better to be efficient rather than productive These days, it seems like everyone is trying to achieve optimal productivity. But that might be the wrong measure to aim for. I’m not here to make a semantic argument, really. But there’s a difference between being p...
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What to Expect When Boeing's C.E.O. Faces Congress Today

The New York Times - 29 Oct 2019 12:57
What to Expect When Boeing's C.E.O. Faces Congress Today Dennis Muilenburg will appear before Congress for the first time since the crashes of two 737 Max jets mired the company in crisis.
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AI interprets code much more efficiently than humans ever will. On the other hand, only people can sincerely show the full range of human emotions.
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EA stuffs NBA Live 20 to focus on next-gen consoles

Venture Beat - 29 Oct 2019 23:47
EA cancels NBA Live 20. Instead, it is planning to focus on launching a new game on the next-generation consoles that builds on what it has already built.
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EA puts Battlefield on ice until at least April 2021

Venture Beat - 29 Oct 2019 23:46
Don't expect a new Battlefield game for a few years, as EA noted in a conference call for its fiscal earnings today that the series is taking a break.
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