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Business News

Location American Business News for 16 July 2016

Value Managers Bemoan Lack of True Bargains

Barron's - 16 Jul 2016 06:00
Value Managers Bemoan Lack of True Bargains Stockpickers are turning to names like American Express, Oracle, and Dialog Semiconductor to bolster portfolios as the market hits new highs.
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UK digital-only bank Starling gets off the starting block

Business Insider - 16 Jul 2016 10:30
UK digital-only bank Starling gets off the starting block This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. UK digital-only bank Starling has obtained a restricted banking license allowing it to test it...
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Bank of America, Samsung Look Undervalued to IVA Charles de Vaulx and Chuck de Lardemelle of International Value Advisers comb the world for bargains.
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Turkey's currency plunges amid coup attempt Read full story for latest details.
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European holiday hotspots cheaper now compared with two years ago Despite Brexit fears, Post Office survey finds visitors to Bulgaria, Portugal and Spain will spend less on meals and drinks than they would have in 2014 If you'd given up on the prospect of a cheap European holiday follo...
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Who Got Rich This Week: Trump Backer Sheldon Adelson Gets $1 Billion Boost From Macau The warm summer weather may finally be heating up the slumping casino industry in Macau. After gaming revenue fell to a near five year low in June, a strong performance in the first 10 days of July has analysts projectin...
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Consumer Reports criticizes Tesla for Autopilot: 'too much, too soon' Writers at the respected Consumer Reports were enthusiastic fans of the Tesla Model S electric car they bought and drove for more than a year, using enthusiastic language rarely seen in its sober reviews. But as reliabil...
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A huge oil producer is trying to ramp up exports -- but the market isn't buying it There's been some good news out of Libya recently. In the beginning of July, Libya's two rival oil companies — the National Oil Corp. based in the western city in Tripoli and its eastern counterpart, which sits in ...
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Baidu Open Cloud launches video streaming, image processing, IoT services Chinese technology company Baidu today announced the launch of a few new services within its Baidu Open Cloud public cloud infrastructure portfolio. Baidu TianSuan (Smart Big Data) lets customers “collect, store, proce...
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Facebook takes heat for diversity 'pipeline' remarks Recruiting methods and cultures of tech companies also to blame for lack of diversity, people say.          
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Sugary soda is going out of style, but Pepsi and Coke are adapting Getty Images/Justin Sullivan Soft drinks have been making a hard landing. Last year marked the eleventh consecutive year of declining carbonated soft drink sales in the United States, while soda consumption fell to a 30-...
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18 damaging behaviors of unsuccessful people

Business Insider - 16 Jul 2016 14:04
18 damaging behaviors of unsuccessful people Aaron Wolf/Flickr Success isn't always in our stars. Poor timing, terrible luck, and other disappointing circumstances sometimes seems to conspire to deprive us of victory. Most of the time, though, we're our own worst e...
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Given how political events in the U.K. have developed in recent weeks we should perhaps have known that the new Prime Minister, Theresa May, would not turn out to be the woman people thought her to be. While there was a ...
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Bayer isn't letting Monsanto off the hook with a $55 billion takeover offer (mon) Thomson Reuters Bayer is not letting Monsanto off the hook. The German company on Thursday said it had boosted its all-cash offer for Monsanto, the maker of Roundup, to $125 per share from $122. That's about $55 billion ...
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Cities where incomes are booming the most

USA Today - 16 Jul 2016 14:30
Cities where incomes are booming the most American Cities With Booming (and Shrinking) Incomes July 11, 2016 by Evan Comen Source: Thinkstock The American workforce earned 2.9% more income in 2014 than in the previous year.          
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Shell: The Best Big Oil Stock for Investors

Barron's - 16 Jul 2016 07:07
Shell: The Best Big Oil Stock for Investors Royal Dutch Shell's makeover could lift the shares more than 20% in a year--even without a rise in oil prices. Plus, a juicy 6.6% yield.
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Meet the young hustlers cashing in on Cuba's booming black market Reuters/Enrique de la Osa Sofía's living room is covered in clothes. Stacks of t-shirts and shorts line a faded plaid couch. Dresses are strewn across the counter, and an armchair cradles a small mountain of shoes. You ...
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Citibank: We're nearing a bull market for oil

USA Today - 16 Jul 2016 16:03
Citibank: We're nearing a bull market for oil Citigroup is "especially bullish" on commodities in 2017, the bank says.          
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AT&T wants to use drones for cell phone coverage at major events (T) PWC says drones could save businesses 7 million worldwide This story was delivered to BI Intelligence IoT Briefing subscribers. To learn more and subscribe, please click here. AT&T suggested in a blog post that it may co...
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MasterCard expands digital payment service Masterpass (MA)

Business Insider - 16 Jul 2016 07:30
MasterCard expands digital payment service Masterpass (MA) BII This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. Mastercard expanded Masterpass, its digital payment service, so that consumers can now mak...
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Cigna Looks Healthy, Deal or No Deal

Barron's - 16 Jul 2016 06:48
Cigna Looks Healthy, Deal or No Deal Shares could soar if the Anthem merger is approved. Analysts still see 30% upside if Cigna goes it alone.
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Brooklyn's New Boutique Hotels Offer Style, Service Hipsters rule in New York's trendiest borough, but parent-friendly hotels also abound. Checking into Williamsburg's McCarren Hotel & Pool.
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