181 Top CEOs Have Realized Companies Need a Purpose Beyond Profit
On August 19 the Business Roundtable issued an open letter titled “Statement on the Purpose of a Corporation.” One of the preeminent business lobbies in the…
Aug 20, 2019 17:24 UTC Business Read More
Facebook's Libra Currency Gets European Union Antitrust Scrutiny
European Union antitrust regulators are already probing Facebook Inc.'s two-month-old Libra digital currency project, according to a document seen by…
Aug 20, 2019 16:41 UTC Business Read More
Qualcomm, LG Reach New Patent-Licensing Deal
Qualcomm has reached a new patent-licensing deal with LG Electronics, helping land its technology in a suite of wireless devices while U.S. federal regulators…
Aug 20, 2019 16:39 UTC Business Read More
3 Top Growth Stocks to Buy Right Now
There are plenty of different investing strategies that, if you're patient, can pay off for years to come. Some of them are relatively safe, like investing in…
Aug 20, 2019 16:00 UTC Business Read More
Kyle Bass says US interest rates will follow the rest of the world to zero — 'This is insane'
U.S. interest rates will keep falling and follow global interest rates all the way down to zero, hedge fund manager Kyle Bass said.
Aug 20, 2019 14:27 UTC Business Read More
U.S. recession 2019: 3 reasons a serious slump may not be imminent
Despite mounting fears of a serious slump, the economy remains solid on many fronts, including GDP and hiring.
Aug 20, 2019 14:07 UTC Business Read More
U.S. oil firms challenge pipeline surcharge for steel tariff: filing
Two U.S. shale producers have challenged an energy pipeline operator's proposed surcharge for the Trump administration's 25% tariff on imported steel, raising…
Aug 20, 2019 13:25 UTC Business Read More
Don’t Expect a Meaningful Fiscal Push From Germany
The German economy needs new sources of growth. Investors shouldn't count on fiscal stimulus to be one of them, even if the government loosens the purse…
Aug 20, 2019 13:00 UTC Business Read More
Hasbro removing plastic from toy and game packaging
Hasbro Inc. said Tuesday that it will begin phasing out plastic from new product packaging starting in 2020. That will include window sheets, shrink wrap,...
Aug 20, 2019 12:59 UTC Business Read More
JP Morgan's trading guru says stock rebound to continue, yield decline not based on fundamentals
For investors still haunted by last week's monster sell-off, the market's comeback is set to last, according to J.P. Morgan's quant guru.
Aug 20, 2019 12:04 UTC Business Read More
A Disney whistleblower is accusing the company of overstating its revenue by billions
A former senior accountant at Disney has accused the entertainment titan of overstating its revenues by billions of dollars. Sandra Kuba alleged Disney em...
Aug 20, 2019 11:42 UTC Business Read More
Latest Faketoshi says he conveniently ‘lost the hard drive’ containing billions in Bitcoin
Faketoshi latest blog post deep dives into his alleged creation of Bitcoin and why he is unable to move Satoshi Nakamoto's coins, but we still don't buy it!
Aug 20, 2019 11:37 UTC Business Read More
GE controversy puts long-term care costs back in the spotlight
Individual long-term care (LTC) insurance is back in the spotlight after a hard-hitting and controversial analysis last week highlighted General Electric's (GE) risk…
Aug 20, 2019 11:36 UTC Business Read More
Kohl's second-quarter profits beat expectations, but sales miss the mark
Kohl's said Tuesday that a strong start to the back-to-school season and new partnership with Amazon helped the retailer beat Wall Street earnings expectations…
Aug 20, 2019 11:00 UTC Business Read More
AstraZeneca's diabetes drug Farxiga helps patients with heart disease and without diabetes in landmark trial
Further trial details will be presented at a later date, and the British drugmaker is set to talk to health authorities about the results, the company said. “With the…
Aug 20, 2019 10:52 UTC Business Read More
The Hill's Morning Report Trump searches for backstops amid recession worries TheHill
Welcome to The Hill's Morning Report. Happy Tuesday! Our newsletter gets you up to speed on the most important developments in politics and policy, plus…
Aug 20, 2019 10:30 UTC Business Read More
To Infinity And Beyond: The Mowbray Siblings Assembled A Billion-Dollar Fortune From Cheap Toys. Can They Create Something Grander?
Nick Mowbray is working from home, a 12-bedroom mansion in Coatesville, New Zealand. It's the former abode of cyber-renegade Kim Dotcom, and it's here that…
Aug 20, 2019 10:03 UTC Business Read More
McDonald's launching 'McCafé It Forward' with three-day pay-it-forward giveaway
McDonald's is giving away free coffee Aug. 21-23 through a pay-it-forward event. Plus, 10 people will win McCafé for Life, which equates to 50 years.
Aug 20, 2019 08:59 UTC Business Read More
Aramco to Select Lazard, Moelis for World’s Biggest IPO
Saudi Aramco has picked Lazard Ltd. and Moelis & Co. to advise on the oil giant's second attempt at the world's largest initial public offering, people with…
Aug 20, 2019 08:59 UTC Business Read More
Wall Street Poised to Get Long-Sought Changes to Volcker Limits
Wall Street regulators are set to roll out a Volcker Rule overhaul that's meant to respond to banker complaints about the trading ban's complexity and compliance…
Aug 20, 2019 07:59 UTC Business Read More
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