Bank of America takes aim at gun-making clients
(Reuters) - Bank of America Corp on Saturday became the latest financial heavyweight to take aim at gunmakers, saying it would ask clients who make assault rifles how they can help end mass shootings like last week's massacre at a Florida high school.
Source: Reuters: Business News | 25 Feb 2018 | 12:40 am
Delta, United Airlines become latest companies to cut NRA ties
NEW YORK (Reuters) - Delta Air Lines and United Airlines on Saturday became the latest major corporations to sever marketing ties with the National Rifle Association as the fallout from last week's massacre at a Florida high school took its toll on the gun advocacy group.
Source: Reuters: Business News | 25 Feb 2018 | 12:28 am
A List of the Companies Cutting Ties With the N.R.A.
Several companies — including Delta Air Lines and MetLife — have ended partnerships with the National Rifle Association after the mass shooting in Parkland, Fla.
Source: NYT > Business Day | 24 Feb 2018 | 8:47 pm
Five ideas on teaching children about saving money from the Money Advice Service
Five ideas on teaching children about saving money from the Money Advice Service.
Source: BBC News - Business | 24 Feb 2018 | 7:09 pm
EIB investigates loans to Daimler in light of diesel questions: Welt
FRANKFURT (Reuters) - The European Investment Bank may ask Daimler to pay back loans extended for research and development in light of a report linking the Mercedes maker to diesel emission-test cheating, Welt am Sonntag reported.
Source: Reuters: Business News | 24 Feb 2018 | 6:35 pm
Bank of America wants to talk to its customers who make guns
Bank of America wants to talk to gun makers about assault weapons.
Source: Latest financial news - CNNMoney.com | 24 Feb 2018 | 4:10 pm
Buffett says Berkshire can handle $400 billion mega-catastrophe
(Reuters) - A giant hurricane, earthquake or other conflagration inflicting unprecedented, catastrophic damage is likely at some point to strike the United States.
Source: Reuters: Business News | 24 Feb 2018 | 3:11 pm
Buffett says 'terrible mistake' for long-term investors to be in bonds
NEW YORK (Reuters) - Billionaire Warren Buffett prodded ordinary investors on Saturday to stay invested in U.S. stocks, ignoring price swings, guidance from people with fancy credentials and the temptation to load up on bonds.
Source: Reuters: Business News | 24 Feb 2018 | 3:11 pm
Volkswagen Settles Emissions Lawsuit in U.S.
The case would have been the first to go to trial involving the German automaker’s emissions scandal.
Source: NYT > Business Day | 24 Feb 2018 | 2:56 pm
Warren Buffett beat the hedge funds. Here's how
One decade ago, Warren Buffett took a $1 million wager that stashing money in an index fund would make you richer than if you entrusted it with hedge fund managers.
Source: Latest financial news - CNNMoney.com | 24 Feb 2018 | 2:25 pm
To Cover Louisiana’s Crises, The Times and Times-Picayune Team Up
A special Times collaboration with New Orleans’ NOLA.com | The Times-Picayune on the environmental threat to the Gulf Coast took nearly a year to put together.
Source: NYT > Business Day | 24 Feb 2018 | 1:46 pm
Trump tax reform gives Buffett $29bn boost
Billionaire Warren Buffett says his conglomerate has been "delivered" billions by the US tax cuts.
Source: BBC News - Business | 24 Feb 2018 | 1:12 pm
Buffett’s Annual Letter: Berkshire Records $29 Billion Gain From Tax Law
Warren Buffett released his annual letter to Berkshire Hathaway’s shareholders and it discussed why the conglomerate largely avoided big deals last year.
Source: NYT > Business Day | 24 Feb 2018 | 12:48 pm
Florida shooting: Firms abandon NRA amid consumer boycott
A growing number of corporate partners abandon the US gun lobby after the deadly school shooting.
Source: BBC News - Business | 24 Feb 2018 | 11:34 am
Companies Cut Ties to the N.R.A., but Find There Is No Neutral Ground
Caught in an angry social media storm, a number of marketers have ended promotions linked to the N.R.A. But it’s unclear whether boycotts have a lasting impact.
Source: NYT > Business Day | 24 Feb 2018 | 10:53 am
NBC's $12 billion investment in the Olympics is looking riskier
In 2011, NBC paid a total of $4.38 billion for the rights to the next four Olympics. Three years later it bought another six for $7.7 billion. At the time, the deals looked to many like a sure thing. Now, they have started looking like they could end up being more of a burden than a boon.
Source: Latest financial news - CNNMoney.com | 24 Feb 2018 | 10:45 am
Warren Buffett's annual letter: Berkshire got a $29 billion gift from new tax code
Warren Buffett published his annual letter on Saturday, and it came with some of the usual trimmings: sage advice and reflections on the past year's success.
Source: Latest financial news - CNNMoney.com | 24 Feb 2018 | 10:37 am
As the Olympics end, South Korea asks: Was the cost worth it?
Over 100 events, nearly 3,000 athletes, more than 300 medals -- and a check for $13 billion.
Source: Latest financial news - CNNMoney.com | 24 Feb 2018 | 9:11 am
British seafood: On the menu after Brexit?
Could trading terms after Brexit see more Brits eating cuttlefish, spider crabs and gurnards?
Source: BBC News - Business | 24 Feb 2018 | 4:22 am
'Crash and burn'
Students are suffering from stress and anxiety owing to the pressures of housing costs, a survey has suggested.
Source: BBC News - Business | 23 Feb 2018 | 7:56 pm
A cloud hangs over the gun industry
The ongoing negative rhetoric over guns and mass shootings drags down gun stocks including American Outdoor Brands, Vista Outdoor and, for the week, Sturm Ruger.
Source: Latest stock market news from Wall Street - CNNMoney.com | 23 Feb 2018 | 7:23 pm
China's big conglomerates are no longer buying up the world
Some of China's biggest companies are now much more focused on selling international assets rather than buying them.
Source: Latest stock market news from Wall Street - CNNMoney.com | 23 Feb 2018 | 7:51 am
China seizes control of deal-hungry insurer Anbang
Chinese authorities say they are prosecuting the chairman of the Chinese insurance firm that owns New York's Waldorf Astoria, accusing him of "economic crimes."
Source: Latest stock market news from Wall Street - CNNMoney.com | 23 Feb 2018 | 6:27 am
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