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Business News

Location American Business News for 5 December 2019

Shh! Companies Are Fixing Accounting Errors...Quietly

Wall Street Journal - 5 Dec 2019 12:33
Shh! Companies Are Fixing Accounting Errors...Quietly Companies are more likely to correct accounting problems by quietly updating past numbers, rather than alerting investors and reissuing financial statements. An example is Papa John's.
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China won't sign a trade deal while there's still chaos in DC Stocks went down sharply Tuesday because President Donald Trump was pessimistic about the trade talks with China. Then, stocks went up Wednesday after Bloomberg News wrote nice things about the talks. Bloomberg News quot...
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Home Depot Introduces New Slogan Targeted to Doers Home Depot is making over its tagline to "How doers get more done." According to a statement from the home improvement retailer, the new catchphrase will be touted in a robust digital campaign, social media and via a ser...
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Meet Wall Street's Rent Collector

Wall Street Journal - 5 Dec 2019 15:00
Redwood Trust, one of Wall Street's biggest bundlers of mortgage bonds, has moved into rentals.
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Treasury to Sell $156 Billion of Debt

Wall Street Journal - 5 Dec 2019 23:49
The U.S. Treasury Department's auctions next week will range from 13-week bills to 30-year bonds.
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Here's What Amazon Prime Members Loved Most in 2019 What were Amazon's more than 100 million Prime members doing with their ever-faster shipping and ad-free streaming this year? The Best of Prime 2019 list is out with all the details. The report remains slim on specifics ...
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The Treasury secretary suggested a role for lawmakers in containing any fallout with financial contracts stemming from the transition to a new interest rate benchmark.
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MDC Partners Forms New Agency Network With Doner at the Helm MDC Partners is combining seven of its agencies into a new network led by Detroit-based Doner, marking the latest shake-up under chairman and CEO Mark Penn's leadership. Called Doner Partners Network, the North American ...
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Automakers, ride-hailing and technology companies plowing money into the development of electric, self-driving and shared car services will find more enthusiastic consumers in China than in Europe and the United States, ...
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FTC Faces Push to Study Ads Targeting Children

Wall Street Journal - 5 Dec 2019 07:26
FTC Faces Push to Study Ads Targeting Children Pediatricians and consumer advocates are calling on the Federal Trade Commission to investigate practices for collecting online data about children, amid concerns advertisers might be manipulating children with targeted ...
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Cryptocurrencies proving to be a threat to US government As I've mentioned in this column, the US government has been looking into whether rogue governments like Iran and North Korea have been using cryptocurrencies to evade international trade sanctions. I had a good source f...
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Huawei Unveils Latest Legal Challenge Against the U.S.

Wall Street Journal - 5 Dec 2019 04:34
Huawei Unveils Latest Legal Challenge Against the U.S. Huawei Technologies filed a fresh legal challenge against the U.S., seeking to block a Federal Communications Commission decision last month that further restricts the Chinese telecom giant's ability to operate there.
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Target's gift card sale is coming back. Here's what you need to know and how to save 10% Target's popular gift card sale returns Sunday, Dec. 8. For one day, store gift cards $10 or more are 10% off.       
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In a sprawling new profile in New York Magazine, Attorney General Bill Barr weighed in on his relationship with President...
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Traders Eye Long-Term Hedges on the S&P 500

Wall Street Journal - 5 Dec 2019 19:51
Market volatility recently receded to the lowest level in months. But traders have picked up contracts that would pay out if stocks fall over the next year, driving up the cost of hedges on the S&P 500.
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Christmas Box Office: 'Spies In Disguise' And 'Little Women' Hope To Break Out Alongside 'Star Wars' And 'Jumanji' The four big year-end flicks could be two Disney movies and two Sony films.
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Prices for a rare metal used to filter emissions in gasoline car engines continue rising, defying predictions that substitution of a cheaper alternative by auto makers would halt a yearslong rally.
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Macy's Executive Departs to Run Tractor Supply

Wall Street Journal - 5 Dec 2019 15:26
Macy's Executive Departs to Run Tractor Supply Tractor Supply said it named outgoing Macy's executive Hal Lawton its next president and CEO.
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The U.S. Furniture Industry Is Back---but There Aren't Enough Workers Consumer preferences and tariffs have led companies to expand their American furniture production. They are finding a dearth of skilled workers to support the renaissance.
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NFL Week 14 Picks: Schedule, Odds And Expert Predictions Against The Spread There will be a nine-game flurry of kickoffs at 1 p.m. ET, headlined by a pair of 10-2 teams in the San Francisco 49ers and New Orleans Saints going head-to-head in a clash that may not only determine which team earns a ...
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President Donald Trump’s inner circle blew up at Stanford Professor Pamela Karlan, one of the Democrats’ impeachment witnesses, on Wednesday...
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Aramco offered just 1.5% of its shares and opted for a local listing
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