China says U.S. solar tariffs violate trade rules, lodges WTO complaint
A U.S. decision to subsidize its renewable energy companies and impose tariffs on imported products has seriously distorted the global market and harmed China's interests, China's Ministry of Commerce said late on Tuesday.
Source: Reuters: Business News | 14 Aug 2018 | 8:36 pm
Behind Robert de Niro's Nobu empire
Film fans are familiar with Robert De Niro's Oscar-winning roles -- but fewer people know that he is also an astute businessman.
Source: Latest financial news - CNNMoney.com | 14 Aug 2018 | 8:33 pm
Tesla Directors Do Damage Control After Elon Musk Tweets
Tesla’s board of directors has hired multiple outside law firms, and a number of board members and Tesla employees have urged Mr. Musk to stop posting on Twitter.
Source: NYT > Business Day | 14 Aug 2018 | 8:17 pm
Why Is MoviePass Losing So Much Money?
Although the subscription-based movie ticket service has three million customers, questions have been raised about the company’s viability. The New York Times’s Hollywood reporter, Brooks Barnes, explains why.
Source: NYT > Business Day | 14 Aug 2018 | 8:04 pm
Soros Fund Management adds popular tech names, BlackRock in second quarter
Soros Fund Management LLC added Facebook Inc , Apple Inc and Twitter Inc , but trimmed stakes in Alphabet Inc and Amazon.com Inc in the quarter through June, according to a regulatory filing on Tuesday.
Source: Reuters: Business News | 14 Aug 2018 | 8:03 pm
Goldman shareholders can again pursue class action over CDOs
A federal judge on Tuesday said Goldman Sachs Group Inc shareholders may again pursue class-action claims that the bank concealed conflicts of interest when creating risky subprime securities before the 2008 financial crisis.
Source: Reuters: Business News | 14 Aug 2018 | 7:53 pm
Stelter: Trump and his media boosters live in a hall of mirrors
If you've ever been in a Mirror Maze attraction at an amusement park, you'll know that it's disorienting and repetitive. You're seeing the same thing over and over again, but some of the reflections are distorted and confusing, making it difficult to find your way out.
Source: Latest financial news - CNNMoney.com | 14 Aug 2018 | 7:48 pm
Elon Musk’s Effort to Take Tesla Private to Get Board Oversight
Three independent members of the board will have “full power and authority” to evaluate any privatization efforts proposed by Elon Musk, the chief executive.
Source: NYT > Business Day | 14 Aug 2018 | 7:28 pm
The New York Times Joins Effort to Combat Trump’s Anti-Press Rhetoric
An initiative started by The Boston Globe has enlisted more than 200 newspapers nationwide to publish editorials on Thursday in favor of the news media.
Source: NYT > Business Day | 14 Aug 2018 | 7:20 pm
Chief executive pay jumps 11% to almost £4m last year
Chief executive pay rose much faster than for the wider workforce in 2017, a report has claimed.
Source: BBC News - Business | 14 Aug 2018 | 7:18 pm
Amazon's one-day delivery ad banned as 'misleading'
The UK advertising regulator received 280 complaints about the online giant's one-day delivery claim.
Source: BBC News - Business | 14 Aug 2018 | 7:16 pm
Lockheed wins $2.9 billion contract for U.S. missile warning satellites
Lockheed Martin Corp has been awarded a U.S. Air Force contract worth up to $2.9 billion for three missile warning satellites, the Air Force said on Tuesday.
Source: Reuters: Business News | 14 Aug 2018 | 7:04 pm
Tribune executives will get bonuses after Sinclair deal collapses
Tribune Media Co said Tuesday it will pay bonuses to executives who worked for more than 15 months on its failed merger with Sinclair Broadcast Group Inc .
Source: Reuters: Business News | 14 Aug 2018 | 7:00 pm
Kroger's next battleground: China
Kroger is making another big push into online groceries, this time by opening a digital business in China.
Source: Latest stock market news from Wall Street - CNNMoney.com | 14 Aug 2018 | 6:57 pm
Kroger's next battleground: China
Kroger is making another big push into online groceries, this time by opening a digital business in China.
Source: Latest financial news - CNNMoney.com | 14 Aug 2018 | 6:57 pm
Square Feet: Need a Quick Inspection of a 58-Story Tower? Send a Drone
With their low cost and ease of handling, drones are saving money and time on big construction projects. They could also save lives.
Source: NYT > Business Day | 14 Aug 2018 | 6:24 pm
Rail fares rises: Grayling pleads with unions and train firms
Chris Grayling asks the industry to use a lower inflation measure for future fare and wage increases.
Source: BBC News - Business | 14 Aug 2018 | 6:05 pm
Card payment problems at Marks & Spencer
The retailer says it's having a problem accepting card payments in a quarter of its stores.
Source: BBC News - Business | 14 Aug 2018 | 5:05 pm
Google parent company invests $375 million in Oscar Health
Alphabet is pouring $375 million into Oscar Health, a small insurer that thinks it can use big data to revolutionize its industry.
Source: Latest financial news - CNNMoney.com | 14 Aug 2018 | 4:42 pm
Tinder's founders and former boss sue dating app owners
Tinder's owners are accused of undervaluing it, cheating executives out of shares worth billions.
Source: BBC News - Business | 14 Aug 2018 | 2:17 pm
British tech firm Dyson to invest 2 billion pounds in electric car
(ChinaPost.com.tw) - British technology firm Dyson announces plans to invest 2 billion pounds (2.6 billion dollars) to develop a battery powered electric car to be marketed from 2020.
Source: China Post Online - Taiwan Business,World Business | 27 Sep 2017 | 2:33 am
US second quarter GDP revised higher as it notches quickest pace of growth in two years
The US economy grew faster than initially thought in the second quarter, notching its quickest pace in more than two years, and there are signs that the momentum was sustained at the start of the third quarter.
Gross domestic product increased at a 3.0 per cent annual rate in the April-June period, the Commerce Department said in its second estimate on Wednesday. The upward revision from the 2.6 per cent pace reported last month reflected robust consumer spending as well as strong business...
Source: South China Morning Post - Business feed | 30 Aug 2017 | 6:15 pm
Hurricane Harvey shuts down LPG exports to Asia by the US
Asian buyers of liquefied petroleum gas are already paying for disruptions half a world away in Texas as record rainfall halted shipments of propane and butane from ports that handle more than 90 per cent of US exports to the region.
Marine export terminals operated by Enterprise Products Partners LP, Targa Resources Inc and Phillips 66, all suppliers of the fuel, are shut because of closures at the Houston Ship Channel, Port of Beaumont and Port of Freeport, according to statements from the...
Source: South China Morning Post - Business feed | 30 Aug 2017 | 3:30 pm
Alibaba Pictures first half revenue soar on back of online promotion and distribution business
Alibaba Pictures Group, the entertainment subsidiary of e-commerce titan Alibaba Group Holding, recorded a 313 per cent year on year jump in revenue for the six months ended June 30 amid aggressive moves to build its infrastructure for the mainland Chinese film industry.
“Having laid the foundation for its core business segments over the last two years, the group is expected to advance to a new phase of development,” said Alibaba Pictures chairman Yu Yongfu in a regulatory filing...
Source: South China Morning Post - Business feed | 30 Aug 2017 | 2:00 pm
Mengniu Dairy’s profits first-half rise 4.7 per cent
China Mengniu Dairy, the country’s second largest dairy, announced that its profits for the first half of the year increased by 4.7 per cent from the same period last year, in line with analysts’ expectations.
Mengniu reported profits of 1.13 billion yuan for the six months to the end of June, up from 1.08 billion in the first half of 2016.
The profit came primarily from Mengniu’s core activities, liquid milk and ice cream products, which helped compensate for a loss at its...
Source: South China Morning Post - Business feed | 30 Aug 2017 | 11:31 am
China Construction Bank profits up 3.69 per cent
China Construction Bank announced late on Wednesday that its profits rose by 3.69 per cent, a performance in line with analysts’ expectations.
The bank, China’s second most profitable, reported net profits of 138.3 billion yuan, up from 133.4 billion yuan last year.
The profit growth was broad based, with net interest income up 3.25 per cent, net fee and commission income up 1.32 per cent, and some improvements in costs.
In its statement to the Hong Kong Stock Exchange, the bank...
Source: South China Morning Post - Business feed | 30 Aug 2017 | 11:13 am
Jimmy Garoppolo Is The Smartest QB Investment NFL Teams Can Make This Offseason
In a league where quarterback play gets coaches fired or promoted, every penny counts. For my money, I'd take a risk on Garoppolo and bank on his experience with Brady and Belichick.
Source: Forbes Real Time | 22 Feb 2017 | 11:46 pm
'Suits' Season 6 Episode 15 Recap: 'Quid Pro Quo'
Tonight, the groundwork was laid for the future on Suits.
Source: Forbes Real Time | 22 Feb 2017 | 11:00 pm
Mapping Global Happiness In 2016 Through A Quarter Billion News Articles
How the power of the cloud makes it possible to sentiment mine, machine translate, geocode and map a quarter billion news articles to map global happiness in 2016 as seen through the eyes of the world’s press
Source: Forbes Real Time | 22 Feb 2017 | 10:58 pm
Job Search Going Nowhere? Here Are Ten Ideas To Try
Is your job search going nowhere? Here are ten ways to get it moving again!
Source: Forbes Real Time | 22 Feb 2017 | 10:44 pm
Texas High School Wrestler's Case Shows Ridiculousness Of Anti-Transgender Rules
Mack Beggs is the unwitting center of a debate over whether athletes should compete against those with whom they identify, or the gender on their birth certificate.
Source: Forbes Real Time | 22 Feb 2017 | 10:27 pm
GM's Opel, Peugeot lagging rivals in strong European market: ACEA
BERLIN (Reuters) - General Motors and PSA Group posted weaker European sales in January than any other major carmaker as they discuss a possible purchase of GM's European auto operations by PSA. A combination between GM and PSA would create a manufacturer with about 16 percent of the European passenger car market, ahead of French rival Renault and behind Germany's Volkswagen . New passenger car registrations at PSA, including the Peugeot, Citroen and DS brands in the European Union and the European Free Trade Association rose 6.5 percent in January, compared with 5. ...
Source: Business News Headlines - Yahoo! News | 16 Feb 2017 | 2:13 am
Snap sets valuation at lower end of expectation: WSJ
(Reuters) - Snap Inc, the owner of the popular messaging app Snapchat, has set a valuation range for itself of $19.5 billion to $22.2 billion in its initial public offering, the Wall Street Journal reported, citing sources. The valuation range, which represents $14 to $16 per share, is close to the lower end of the expected range of $20 billion to $25 billion, the Journal reported. Snap Inc filed its IPO registration statement in early February and was expected to record the biggest valuation in a U.S. technology IPO since Facebook Inc. The company had confidentially registered with the U.S. Securities and Exchange Commission late last year for an IPO.
Source: Business News Headlines - Yahoo! News | 16 Feb 2017 | 1:50 am
Ericsson launches 5G platform with federated network slicing
Following its trial of federated network slicing with Deutsche Telekom and SK Telecom, Ericsson has launched its 5G platform combining the technology with a 5G radio system and core network.
Source: Business News Headlines - Yahoo! News | 16 Feb 2017 | 1:31 am
Argentina's rising grains production strands vessels in river traffic
By Hugh Bronstein ROSARIO, Argentina (Reuters) - When a boat carrying soy oil destined for India ran aground on the Parana River near Buenos Aires in late January, ships loaded with most of Argentina's grains exports were blocked for hours. Increasing congestion on the Parana, which carries 80 percent of Argentina's grains exports, could hamper President Mauricio Macri's efforts to expand farm output and pull the country out of recession. Macri wants Argentina to grow 25 percent more grains to boost rural income and has cut export taxes to attract more investment in the sector.
Source: Business News Headlines - Yahoo! News | 16 Feb 2017 | 1:24 am
Newspapers aim to ride 'Trump Bump' to reach readers, advertisers
By Jessica Toonkel NEW YORK (Reuters) - The Trump administration's combative view of traditional news media as the "opposition party" and "fake news" is turning out to be the best hope in 2017 for newspapers struggling to attract more digital readers and advertisers. The New York Times , the Financial Times, The Wall Street Journal and Gannett Co are building on the online readership they gained during the 2016 presidential election by marketing unbiased reporting as a sales strategy. The New York Times, which President Donald Trump has referred to as "failing" in his Twitter messages, added a record 276,000 digital news subscribers in the last quarter and sees digital ad revenue up 10 to 15 percent in the current quarter.
Source: Business News Headlines - Yahoo! News | 16 Feb 2017 | 1:21 am
Will the next iPhone charge wirelessly?
The days of plugging in an iPhone to charge won't last forever.
Source: World business news - CNNMoney.com | 13 Feb 2017 | 2:42 pm
How 'America First' could turn into to 'India First'
Nandan Nilekani, co-founder of one of India's biggest outsourcing companies, says an H-1B visa crackdown would ultimately hurt the U.S.
Source: World business news - CNNMoney.com | 13 Feb 2017 | 2:20 pm
Mexico ready to retaliate by hurting US farmers
Mexican Senator Armando Rios Piter told CNN that he plans to introduce a bill this week that would stop Mexican purchases of American corn.
Source: World business news - CNNMoney.com | 13 Feb 2017 | 12:37 pm
Stocks hit record again. Is Trump the reason?
The market is at all-time highs and many say Trump is the reason. But stocks were rallying when investors thought Hillary Clinton would win. Janet Yellen and the Fed may deserve more of the credit for the market's move.
Source: World business news - CNNMoney.com | 13 Feb 2017 | 12:35 pm
Apple stock nears record high
Apple stock is less than $1 away from its all-time high amid renewed optimism for the iPhone.
Source: World business news - CNNMoney.com | 13 Feb 2017 | 12:24 pm