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Business News

Location American Business News for 31 October 2019
Japan Must Either Open Up To Foreigners Or Face Economic Collapse Japan faces a stark choice these days: Either open up to gaijins--foreigners--or face economic collapse.
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Apple's $24 billion wearables segment is now almost as big as its Mac business (AAPL) Crystal Cox/Business Insider Apple's wearables and accessories products accounted for nearly as much revenue in the company's just-completed fiscal year as its Mac computers. Sales of those products, which include Apple ...
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Shares in the lender fell after it reported lower third-quarter profits, said nonperforming assets rose and cautioned that it had lost multifamily loan deals to competitors offering easier terms.
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Ford, auto workers union reach tentative contract agreement DETROIT -- The United Auto Workers union has reached a tentative contract agreement with Ford after three days of intense bargaining. The union said the deal was reached Wednesday night but didn’t give details. The dea...
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Building A Circular Economy: A Society Where 'There's No Concept Of Waste' A new report provides insights into the circular economy, which would keep resources in circulation for a long time, then recover, recycle and reuse them when their day is done.
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A new paradigm as IT firms chase digital designs

livemint.com - 31 Oct 2019 17:23
Information technology (IT) service companies, management consultancies and advertising holding companies have bought digital design and technology firms over the last few years. The pursuit has gathered pace over time. ...
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Spirit AeroSystems Buys Wing-Making Unit to Diversify beyond MAX Spirit AeroSystems agreed to buy an aircraft wing-making business from Bombardier, as the supplier works to diversify its customer base beyond Boeing's troubled 737 MAX.
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The purchase of Bombardier's plant in Belfast by Spirit AeroSystems is great news for workers and a welcome investment in the United Kingdom, Britain's junior business minister Nadhim Zahawi said on Thursday.
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Why Hasbro Stock Has Been Trending Lower

Forbes - 31 Oct 2019 16:30
Why Hasbro Stock Has Been Trending Lower Hasbro (NASDAQ: HAS), a global play and entertainment company which primarily produces toys and board games, saw its stock decline by about 20% over the last week. The sell-off came after the company published weaker tha...
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Are Chinese Developers Building Sandcastles in the Sky?

Wall Street Journal - 31 Oct 2019 11:03
China's property developers have been on a borrowing binge this year, including from one creative source that seems to be reaching its natural limit.
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How Apple Used Dramatic Outdoor Ads for the Surprise Reveal of AirPods Pro When Apple launched AirPods three years ago, there was some understandable skepticism from consumers about the wireless devices. Would they stay in your ear? (Conan O'Brien doubted it.) Would they hold a charge? Would th...
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Ford and U.A.W. in Tentative Contract Deal

The New York Times - 31 Oct 2019 04:36
Ford and U.A.W. in Tentative Contract Deal 'It appears both parties took a sane approach and avoided a painful strike that would have benefited neither of them,' an economist said.
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Fugitive financier Jho Low is ready to address issues related to the 1MDB scandal in Malaysia or elsewhere, a spokesman from the Wells Haslem Mayhew Strategic Public Affairs agency who handles press matters on behalf of ...
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Chile withdrew on Wednesday as the host of an APEC summit next month at which the United States and China had been expected to sign a deal to ease a trade war that has hurt the global economy, as raging street protests g...
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Is Citigroup's Stock Undervalued?

Forbes - 31 Oct 2019 18:10
Is Citigroup's Stock Undervalued? Citigroup (NYSE: C) is a geographically diversified banking giant with offices in over 160 countries. Trefis has a price estimate of $82 for Citigroup's stock which is 15% higher than its current market price. Our price ...
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Ford avoided a lengthy strike -- thanks to GM

NBC News - 31 Oct 2019 17:47
Ford avoided a lengthy strike -- thanks to GM Sources close to the negotiations say the deal echoes many of the key details of the new GM contract, which includes billions in new investments meant to safeguard jobs.
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HoliFrog: How This Female Founder Went From PR Maven To Product Maker Emily Parr has spent her entire career cultivating the images of some of the most recognizable beauty brands in the world. Now, she has launched her own.
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The women who flashed an Astros pitcher on live TV spent $80,000 on tickets to pull off the stunt Will Newton/Getty Images Julia Rose and Lauren Summer, executives at Shagmag — an online lifestyle and sports publication that features topless photos of models and Instagram influencers —were banned from MLB games i...
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Google's Holiday Shopping Report Points Retailers to 3 Key Areas to Focus On Each year, the holiday season creeps just a bit earlier, and 2019 is no exception. Target and Walmart each rolled out holiday deals back-to-back, with the former introducing one-day shipping starting Nov. 1 and the latte...
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Philadelphia Phillies Off-Season Preview: With Joe Girardi Hired, It's Time To Get Bryce Harper Help Joe Girardi is in place, but Bryce Harper needs help at the top of the Phils' roster before they can be considered bona fide NL pennant contenders.
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A Crash Course In Copywriting From A Million-Dollar, One-Person Business Founder Justin Goff built two million-dollar businesses with no employees but the owners. Now he's used what he learned there to write copy for fast-growing companies and teach copywriting to apprentices.
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The announcement of World of Warcraft's next expansion will be the centerpiece of WoW's BlizzCon story this year. Classic fans may have to wait.
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