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Business News

Location American Business News for 4 August 2018
The Dividend Aristocrats Are Worth Another Look The S&P 500 stocks--which have raised their dividend for at least 25 years--have lagged behind the broad market, thanks to a lack of tech exposure.
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Alphabet, CVS Are Lee Cooperman Favorites

Barron's - 4 Aug 2018 02:51
Alphabet, CVS Are Lee Cooperman Favorites Cooperman, CEO of Omega Advisors, and Steven Einhorn, vice chairman, see U.S. stocks hitting new highs. What these value-investing veterans like now.
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Israel's Fledgling Hedge Funds Post Strong Gains Their active approach is the best way to navigate a volatile market.
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Multiple agencies are looking into its purchase of certain credits tied to low-income housing developments, the bank said in a securities filing Friday.
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MoviePass parent company's stock tanks as reverse-split backfires Sometimes the sequel is a whole lot worse than the original. MoviePass parent company Helios and Matheson learned that the hard way after its stock sank to 7 cents a share in a little over a week after it underwent a des...
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Kushner Cos. to lease out New York tower

NBC News - 4 Aug 2018 04:24
Kushner Cos. to lease out New York tower The Kushner Cos. building at 666 Fifth Ave., which it purchased for a record $1.8 billion in 2006, had been $1.1 billion in the hole.
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Fintech could be bigger than ATMs, PayPal, and Bitcoin combined BII This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence,click here. Fintech broke onto the scene as a ...
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China, Trade, and Technology: A Worst-Case Scenario The primary worry is that China turns to other measures, like letting its currency devalue or taking the battle into the technology sector.
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Deutsche Bank report reveals shortcomings in its screening process, raises anti-money laundering concerns REUTERS/Kai Pfaffenbach Deutsche Bank has uncovered shortcomings in its ability to fully identify clients and the source of their wealth. The bank was previously fined nearly $700 million for allowing money laundering. S...
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Wells Fargo foreclosed on 400 people who may have had chance to keep their homes Wells Fargo & Co. foreclosed on 400 homeowners after improperly denying them loan modifications that could have allowed them to stay in their homes, the bank said in a regulatory filing Friday. From 2010 to 2015, amid th...
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Would you pay $2 for a straw ? San Francisco bubble tea shops wrestle with plastic ban San Francisco voted to ban plastic straws. For boba shops, this could be a problem: There aren't any non-plastic jumbo straws available.        
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Berkshire Hathaway Inc. on Saturday reported a $12 billion second-quarter profit. Warren Buffett's conglomerate reported a profit of $4.87 per Class B share. A year ago, Berkshire reported $4.3 billion …
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This is how banks can use digital tools to stay ahead of a trillion-dollar opportunity in the bill pay market This is apreview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence,click here. Between housing costs, utilities, taxes...
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Facebook employees are obsessed with the foxes that hang out on their office roof Robert Bieber/Flickr (CC) Facebook employees are obsessed with a family of foxes that lives on their campus and hangs out on their roof. Business Insider understands that employees have an internal channel where they sha...
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Apple is worth $1 trillion. What does that even mean? What does $1 trillion really mean? Put it like this, Apple could buy 1 billion people a $999 iPhone X and still have $1 billion left over.
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Condé Nast Seeks Buyers for 3 Titles That Can 'Realize Their Full Potential' Cond? Nast CEO Bob Sauerberg confirmed Thursday to staffers in a email that after a review to determine which titles were "vital" to growth, the publisher of Vogue and The New Yorker would sell off Brides, Golf Digest an...
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The backstory of how America coordinated with some of the world's most powerful nations to tank the dollar (Photo by Michael Evans/The White House/Getty Images) Officials of the Trump administration have said they want a weak dollar. The US government pushing for a weak greenback breaks with recent tradition. But 35 years ago...
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As Apple becomes the first $1 trillion U.S. company, what were the first companies to reach the $100 billion and $500 billion milestones?
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Tesla just crushed its most recent crisis -- here's a look back at the ones it's overcome in the past (TSLA) Bill Pugliano / Getty Tesla has a long history of dealing with crisis after crisis. Tesla's most recent crisis was with production of the Model 3 sedan — but it now appears that the company has stabilized its problems....
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China's state media said on Saturday the government's retaliatory tariffs on $60 billion of U.S. goods showed rational restraint and they accused the United States of blackmail.
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Time To Worry About Inflation -- And The Fed's Effort To Stop It I'm beginning to worry about inflation. The economy is running hot and demand growth is about to exceed supply growth. Now I predict that inflation will accelerate. The Federal Reserve won't tolerate this, so look for th...
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Germany's central bank is changing its terms and conditions to provide for deeper scrutiny of cash transfers, a move that comes as Iran seeks to repatriate cash held in a …
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