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Business News

Location American Business News for 14 December 2019
Home of the Week: Modern Beverly Hills mansion makes a splash In Beverly Hills, a modern mansion features theatrical water elements, a two-story atrium entry and a water lounge. Asking price: $75 million.
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Huge Disparity in Corporate Profits Hints at Something Amiss

Wall Street Journal - 14 Dec 2019 15:00
Are U.S. companies making more money than ever before, or are they stuck at one of their longest profit slumps since World War II? The standard measures have diverged in recent years, and that worries many investors.
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Amarin Corp.'s stock rises in the extended session Friday after being halted for half the trading day as the pharmaceutical company hikes its sales outlook following a Food and Drug Administration marketing approval that...
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American consumers have kept the U.S. economy barreling toward a record 11th year of expansion, but the locomotive might be running out of steam.
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Huge Disparity in Corporate Profits Hints at Something Amiss

Wall Street Journal - 14 Dec 2019 15:00
Huge Disparity in Corporate Profits Hints at Something Amiss Are U.S. companies making more money than ever before, or are they stuck at one of their longest profit slumps since World War II? The standard measures have diverged in recent years, and that worries many investors.
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Uber's co-founder and former CEO Travis Kalanick sold off close to $166 million shares over the past three days, continuing to offload his stake in the ride-sharing giant (UBER) Justin Sullivan/Getty Images Uber's co-founder and former CEO Travis Kalanick continues to cash out his stake in the ride-hailing company, selling off close to $166 million worth of shares this week. The ousted chief exe...
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JPMorgan Chase CEO denounces 'racism and hate in any form' in memo to staff JPMorgan Chase & Co Chief Executive Officer Jamie Dimon told employees that he's "disgusted by racism and hate in any form" after a New York Times report detailed instances of racial discrimination at some of the bank's ...
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The U.S. government said on Friday China would buy an additional $32 billion in U.S. farm goods over the next two years as part of an initial trade deal.
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MDC Energy CEO Collected $8.5 Million in Consulting Fees, Lender Says Mark Siffin, the chief executive of bankrupt oil-and-gas driller MDC Energy, collected about $8.5 million in consulting fees in the months before his company filed chapter 11, a lender's lawyer said.
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Chipotle's new secret weapon could make its CEO's quesadilla dreams a reality Irene Jiang / Business Insider Chipotle has not been able to add a quesadilla to the menu, despite CEO Brian Niccol saying it is customers' top-requested new menu item and one of his personal favorites. However, BTIG ana...
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Cyber Monday the Biggest Day Ever for Third-Party Amazon Sellers

Small Business Trends - 14 Dec 2019 16:00
Cyber Monday the Biggest Day Ever for Third-Party Amazon Sellers Third-party sellers are thriving on Amazon.
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Staysure Tour's Indian Ocean Swing Offers Hope As Well As Paradise The senior stage is usually where golfers seek to end a career in style, but for Madagascar's Jean Baptiste Ramarozatovo the last three weeks have more or less been his first opportunity at the top level.
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How To Choose A Small Business 401(k) Plan

Forbes - 14 Dec 2019 13:00
How To Choose A Small Business 401(k) Plan Entrepreneurs want strong employees. To attract top talent, they have to help employees eventually retire.
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Cognitive search is a burgeoning segment of AI and machine learning in the enterprise. Here's why it's growing -- and why it matters.
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Reinventing Reality, an exhibit aimed at getting girls excited about science and virtual reality, opens today at the Lawrence Hall of Science.
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6 Things Successful People Never Do

Forbes - 14 Dec 2019 16:29
6 Things Successful People Never Do Far more of you will end this year with disappointment - maybe even regret - about all the things you wanted to accomplish but didn't.
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Real Opportunity or Real Distraction? The Truth About Real Estate Investing Real estate is often pushed as a lucrative hobby, but as long as you see it that way, you'll always be behind success. Learn to go about real estate as an actual business. Smart investments, learning to predict the marke...
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Oculus Quest system software v12 is now rolling out, adding Voice Commands, AMD support for Link, and experimental controller-free hand tracking.
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After The U.K. Election Can Europe Move On, Or Will There Be More Delay? The U. K. general election of December 12 delivered a decisive victory for Boris Johnson and the Conservative Party.
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The Devil Wears Prada Musical Has Found Its Miranda Priestly Tony winner Beth Leavel is coming back to Broadway for her 14th show.
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Saks Fifth Avenue owner Hudson's Bay Co has fallen short of securing enough shareholder support for a C$1.9 billion($1.4 billion) deal to take the department store operator private, people familiar with the matter said o...
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RPA (Robotic Process Automation): What's In Store For 2020? Expect the growth to continue as well as the aggressive expansion into areas like AI (Artificial Intelligence)
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