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Top 100 Stories to Know for 24 Aug 2019 - Global

It's hard to time the next economic slowdown. But lenders, many with lingering memories of the financial crisis, are taking steps now to limit exposure in commercial real estate, construction and... other loan segments.
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How I Went From Buddy to BossI remember the day clearly. Lee Clow asked me into his office, and we sat down on his two big leather chairs facing each other. "We're going to make you the ecd of the office," he said. "I'm tired of... dealing with everybody's crap." Lee was the spiritual leader and creative force of the agency....
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Precision-scheduled railroading, the industrywide system to boost efficiency pioneered by the late Hunter Harrison, led to widespread improvements in recent years. But the momentum from that shift is... now fading.
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Pot Industry Underestimates Old-School Dealers

Wall Street Journal - 19 Aug 2019 13:34
Traditional drug dealers are still formidable competitors in states where cannabis is legal. Governments planning for huge tax windfalls and investors expecting rapid market-share gains have to adjust... to a slower burn.
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Billionaire Stephen Ross facesStephen Ross, the billionaire real estate developer getting flak for his Trump fundraiser in the Hamptons, is facing yet another headache -- thanks to the Long Island Railroad, The Post has learned.... The Related Companies chief and Miami Dolphins owner wants to kickstart the second phase of his Hudson Yards mega-development project on Manhattan's far...
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Wood Pellets Draw Fire as Alternative to Coal

Wall Street Journal - 7 Aug 2019 13:46
Wood Pellets Draw Fire asThe wood-pellet business is thriving based on the argument that trees are a clean-energy alternative to coal, but the science behind it is facing challenges from researchers who say cutting and... burning trees takes a heavy environmental toll.
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America's Public Pensions Are Stuck In The Clouds

Wall Street Journal - 26 Jul 2019 11:30
The funding strength of retirement systems across the U.S. rests on rosy assumptions
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Beyond Meat Investors Will Choke on Their Optimism

Wall Street Journal - 23 Aug 2019 16:02
Investors in the maker of pea-based burgers will almost certainly be disappointed, due to absurd growth expectations that ignore the realities of an economic downturn.
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"Open Gesture of an I," by D. A. Powell

The New Yorker - 19 Aug 2019 11:00
Poetry by D. A. Powell: "Your life is not your own and / never was."
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Ryanair expects minimal cancellations with affected passengers flying out at different times if pilots in Britain and Ireland go ahead with a two-day strike next week, the airline's chief people... officer said on Thursday.
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Employees fear layoffs afterThe merger of CBS and Viacom has staffers bracing for layoffs -- but the companies are keeping mum about when and where they'll wield the ax. "The bigwigs are concerned for their jobs," said a CBS... source, explaining that corporate-level execs, like those with human resources, communications and ad sales, are concerned their jobs could...
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John Bolton Says the U.S. IsNegotiating a post-Brexit trade deal with the U.K. "in pieces" would help speed the process, he says
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Commodity outlook byCommodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.
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Uber trying to put brakes onA single mother from Florida is gearing up for battle with ride-hailing behemoth Uber over an app she is building. Carolina Vengoechea, 45, tells The Post that Uber has demanded she give up the name... of her beauty salon app, called "BeauBer." But she has refused, arguing that the name is the combination of her...
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Stocks to watch: M&M, DHFL,Here's a look at some of the counters that are likely to trade actively in today's trading session.
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Jeffrey Epstein had all theJeffrey Epstein managed to creep his way into some of the highest places in the world on the back of a meticulously made-up mosaic of phony accolades.
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General Electric stock bouncesLight bulb maker General Electric bounced back from fraud allegations Friday after CEO Larry Culp bought stock and Wall Street analysts stood up for the company. Culp, who took over the troubled... conglomerate last year, bought nearly $2 million worth of GE stock, or 252,200 shares, for $7.93 a share, he said in a regulatory...
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Could New Jersey's AmericanThe largest U.S. retail development of the 21st century is nearing completion. The 15-year history of American Dream in New Jersey's Meadowlands has been a story of multiple failed development... attempts along with epic delays and much controversy.
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With US President Donald Trump waiting in the wings with offers of a trade deal, the European Union is drifting into a crisis.
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Dealers Dangle Deals to Move Outgoing Models

Wall Street Journal - 15 Aug 2019 15:00
Dealers Dangle Deals to MoveDealership lots remain crowded with aging vehicles at a time when car companies typically focus on selling newer models, posing a threat to dealers' profits while promising bigger discounts for... shoppers.
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Boston Startup Signs UpSingleCare, headquartered in Boston, offers a savings card for prescription drugs that has attracted millions of users in just four years.
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Hong Kong protests play intoWall Street's summertime slump continued as dramatic protests in Hong Kong dimmed hopes that the US will come to a trading truce with China. The Dow Jones industrial average fell 391.00 points -- or... 1.5% -- Monday, with losses accelerating late in the session, to close at 25,896.44. Monday's Dow dip followed news that Hong...
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President Trump is expected to sign legislation soon that would expand the number of farmers who could file under the more lenient Chapter 12. Ag lenders are worried because farm bankruptcies recently... rose and the trade war with China could worsen.
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Mattel pulls a bond sale overMattel said it would pull a bond sale because of "an anonymous whistleblower letter."
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President Donald Trump fired off a midnight tweet mocking Beto O’Rourke’s “phony” nickname “to indicate Hispanic heritage,” to which the...
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