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Business News

Location American Business News for 15 December 2015

Fed's call: Twin threats could raise red flags

USA Today - 15 Dec 2015 13:35
Fed's call: Twin threats could raise red flags As Federal Reserve nears decision on first rate hike since 2006, Wall Street outlines two risk scenarios.          
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China is headed for a 4.5-day workweek

Business Insider - 15 Dec 2015 03:59
Reuters/Sean Yong China has begun implementing an official policy for a 4.5-day working week as part of an effort to increase domestic consumption and leisure spending. Chongqing is the first city taking steps to reduce ...
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Wednesday's vote will show whether the European commission upholds the interests of its citizens, or sides with large corporations, says Corbyn advisor On Wednesday, the European commission will vote on a series of deman...
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Holiday Shipping Deadlines You Need to Know

ABC News - 15 Dec 2015 17:17
Holiday Shipping Deadlines You Need to Know Don't count on a Christmas miracle to make sure your packages arrive on time.
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3M Lowers Full-Year Earnings Forecast

ABC News - 15 Dec 2015 16:41
3M cuts full-year earnings outlook, cites continued slow growth of global economy
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Share Prices Bounce Back As Oil Steadies

Sky News - 15 Dec 2015 16:01
Share Prices Bounce Back As Oil Steadies The FTSE 100 Index rises by 100 points as investor sentiment finally turns positive after a series of declines.
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Jaguar to join Formula E championship

The Guardian - 15 Dec 2015 13:36
Owner Jaguar Land Rover said that electric vehicles will play a key role in its future car portfolio Jaguar Land Rover is to enter a team into the Formula E racing championship as the luxury carmaker steps up its investm...
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Seattle Becomes First in U.S. to Let Uber Drivers Unionize Seattle becomes the first city in the nation to allow drivers of ride-hailing companies like Uber and Lyft to unionize over pay and work conditions.
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New EU privacy rule could cost U.S. firms billions Fines could be as high as 4% of a company's global revenue          
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Chicago-based Cision to buy PR Newswire for $841 million

Chicago Tribune - 15 Dec 2015 16:57
Chicago-based Cision to buy PR Newswire for $841 million Chicago-based Cision will acquire news release distribution company PR Newswire for $841 million, the companies said Tuesday. Cision, a media intelligence company, is owned by Chicago-based private equity firm GTCR. PR N...
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Germany's Boehringer Ingelheim, France's Sanofi eye multibillion health care asset swap deal
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Manufacturing in New York contracts for 5th straight month, though at slower pace
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Members of the federal open market committee will also discuss unemployment, inflation and the global economy when they meet this week Is something big happening at the Federal Reserve this week? Yup. The federal open ma...
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China's Appetite for Semiconductor Chips Not Easily Satisfied

Wall Street Journal - 15 Dec 2015 13:54
Tsinghua Unigroup has entered tricky territory with its bid to buy a stake in Taiwanese chip maker Siliconware Precision.
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FTSE bounces back from three-year low ahead of US Fed meeting The FTSE 100 rebounds from three-year lows buoyed by supermarket and commodity stocks
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Terrorists Use Credit Cards Too -- Anti-Fraud Software Could Catch Them Terrorists use credit cards to travel -- Brighterion's anti-fraud detects behavioral changes which might help stop them.
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Flickr / Audrey Have a cable Internet subscription and noticing slower-than-normal download speeds? If you live in New York, it might not be just you. On Sunday, New York Attorney General Eric Schneiderman invited subscr...
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YouTube Red Streaming video-on-demand services such as Netflix, Amazon.com Prime, and Hulu spend billions of dollars every year to license content from movie and television studios. Over the past couple of years, prices...
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Asian Shares Steady as Oil Regains Some Ground

Wall Street Journal - 15 Dec 2015 03:40
Asian shares stabilized early Tuesday as jitters about the high-yield bond market receded and oil prices recovered slightly, a reprieve from deep selling across the region a day earlier.
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Natural Gas Sinks to 14-Year Low

Wall Street Journal - 15 Dec 2015 03:26
Natural-gas prices plunged to a 14-year low Monday, as an unusually warm winter saps demand and deals another blow to struggling energy companies.
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Q2 is the most important quarter for the shipping giant because of heavy demand for its services during the holiday season. If all goes well, the company could be handsomely rewarded and could see great gains on its reve...
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Sheryl Sandberg: Racial and gender inequity is everyone's problem Quoting a Facebook mantra, COO Facebook Sheryl Sandberg said that gender and racial “inequities” are “everyone’s problem” in an Ask Me Anything-style forum on Quora. She was answering a question about what men ...
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