Posts Tagged ‘Business’

A Steel Pioneer Is Getting Out of Steel

Sunday, March 26th, 2017

Germany’s Thyssenkrupp, which CEO Heinrich Hiesinger aims to refocus on capital goods, took a big step away from its once-core steel business with the sale of its last steel plant in the Americas. Shedding its European steel unit is the next test.

Vote on this story -->>>

Global Economy Week Ahead: Yellen Speech, Eurozone Inflation, China PMI

Sunday, March 26th, 2017

The week ahead will feature a speech from Federal Reserve Chairwoman Janet Yellen and bring data from around the globe, including a first look at the February U.S. trade deficit, eurozone inflation and reports on Chinese manufacturing.

Vote on this story -->>>

Air Products & Chemicals Walks Away From Bid for Yingde Gases

Sunday, March 26th, 2017

Industrial gas maker Air Products & Chemicals Inc. backed away from its bid to buy China’s Yingde Gases Group Co.

Vote on this story -->>>

Republicans Could Have Another Fight Over Tax Overhaul

Sunday, March 26th, 2017

After a battle within the Republican party over its health-care bill, the GOP plans on moving on to something simpler: rewriting the U.S. tax code. But it might be heading right into another minefield.

Vote on this story -->>>

Eurozone Recovery Has Gathered Pace, Surveys Show

Sunday, March 26th, 2017

The eurozone’s economy may have picked up during the first three months of 2017, according to surveys of purchasing managers, raising expectations that the ECB will consider a moderation of its stimulus measures over the coming year.

Vote on this story -->>>

Judge Rules UPS Improperly Shipped Untaxed Cigarettes Into New York

Sunday, March 26th, 2017

A federal judge ruled United Parcel Service illegally shipped millions of cigarettes to New York State from Indian reservations, opening up the parcel carrier to damages and other penalties for skirting taxes on tobacco products

Vote on this story -->>>

The Future of Music: Playing for $30,000 in Tips

Sunday, March 26th, 2017

More up-and-coming musical and comedy acts are using apps like YouNow and Live.ly to live-stream performances, interact with audiences—and rake in virtual-currency tips.

Vote on this story -->>>

Apple Bites Back With iPhone Court Win in China

Sunday, March 26th, 2017

A Beijing court found Apple’s iPhone 6 and 6 Plus models don’t infringe on smartphone-design patents held by defunct local manufacturer Baili.

Vote on this story -->>>

In China, Syngenta Deal Feeds Local GMO Fears

Sunday, March 26th, 2017

In China, the opposition to genetically altered food and grains has been brought to the forefront by ChemChina’s $43 billion deal to buy Syngenta, a leading producer of genetically engineered seeds.

Vote on this story -->>>

Edward Bennett Resisted the Limitations of Quadriplegia to Run a Bank

Sunday, March 26th, 2017

Though an accident left him confined to a wheelchair, Edward Bennett went on to graduate from Yale and later served as president of the First National Bank of Santa Fe. He died March 3 at 57.

Vote on this story -->>>

From Multiplex to Living Room, in 45 Days or Less

Sunday, March 26th, 2017

Hollywood studios are planning to move ahead with “premium” video on demand, making major movies available to home viewers within weeks after they hit theaters.

Vote on this story -->>>

One CEO Got Paid $46M in a Month, but the Rest of the Year Is a Mystery

Sunday, March 26th, 2017

Johnson Controls won’t say how much Alex Molinaroli made after September because companies don’t have to disclose how much top executives were paid by a firm that disappears or becomes a subsidiary in a merger.

Vote on this story -->>>

Twilight of the Rock Gods

Sunday, March 26th, 2017

As rock ‘n’ roll loses its founding megastars—and sales juggernauts—the music industry faces pressure to revamp.

Vote on this story -->>>

Sluggish Housing Recovery Sapped $300 Billion From U.S. Economy

Sunday, March 26th, 2017

If the home-building industry had returned to the long-term average level of construction, it would have given a 1.8% boost to U.S. gross domestic product, according to a new study.

Vote on this story -->>>

The High-Speed Trading Behind Your Amazon Purchase

Sunday, March 26th, 2017

Beneath the placid surface of product pages lies an unseen world of bots, algorithms, flash crashes and fierce competition.

Vote on this story -->>>

Health Insurers Wrestle With Next Steps as GOP Bill Fails

Friday, March 24th, 2017

House Republicans’ failure to pass their bill overhauling the Affordable Care Act leaves health-care companies with continued challenges, most acutely for insurers facing decisions about whether to offer plans in the existing law’s marketplaces next year.

Vote on this story -->>>

Charter Communications to Hire 20,000 U.S. Workers

Friday, March 24th, 2017

Charter Communications CEO Tom Rutledge pledged to hire 20,000 U.S. workers and invest $25 billion over the next four years at an event with President Trump, allowing the administration to trumpet a jobs announcement that had been in the works for some time.

Vote on this story -->>>

Wal-Mart Acquires Niche Sites, to the Dismay of Hipsters

Friday, March 24th, 2017

Wal-Mart is rapidly buying up hip, small online retailers that appeal to wealthier shoppers in hopes of finally taking on Amazon. The deals give Wal-Mart access to new groups of shoppers, but some have balked at the change.

Vote on this story -->>>

PBS Chief Defends Need of Federal Funding for Public Broadcasting

Friday, March 24th, 2017

The head of PBS launched a spirited defense of public broadcasting, saying the organization would like to end reliance on federal funding if access for millions of Americans wasn’t dependent on that money.

Vote on this story -->>>

Anthem Grilled as It Seeks to Save Cigna Deal

Friday, March 24th, 2017

A federal appeals court panel on Friday asked tough questions of health insurer Anthem, which is attempting to salvage its proposed $48 billion acquisition of Cigna after a trial judge blocked the combination as anticompetitive.

Vote on this story -->>>

Trump Administration Grants Permit for Keystone Pipeline

Friday, March 24th, 2017

The Trump administration has signed a presidential permit for TransCanada to build Keystone XL, bringing the oil pipeline closer to fruition more than a year after former President Barack Obama blocked its construction.

Vote on this story -->>>

Business Groups Hope Trump Can Change Health Law by Administrative Action

Friday, March 24th, 2017

Business groups hoped a quick repeal of the Affordable Care Act would give employers flexibility and create momentum for priorities like a tax overhaul. The decision by House GOP leaders and President Donald Trump to abandon a vote on the Republican health plan left them less certain.

Vote on this story -->>>

Mnuchin Says Tax Overhaul Plan Coming Soon

Friday, March 24th, 2017

Treasury Secretary Steven Mnuchin said the Trump administration is close to completing its proposal to overhaul the U.S. tax code and said any legislation to reduce corporate and individual rates needed to be comprehensive.

Vote on this story -->>>

There’s Money in Faxes—for Plaintiffs

Friday, March 24th, 2017

Lawsuits over fax spam have surged in recent years under a decades-old law that allows recipients of the unwanted ads to recover upward of $500 per message.

Vote on this story -->>>

Airplanes Boost U.S. Durable-Goods Orders

Friday, March 24th, 2017

Demand for long-lasting factory goods rose in February for the second straight month due to big-ticket orders for civilian aircraft.

Vote on this story -->>>

Brazil Meat Scandal Creates Opening for Competitors

Friday, March 24th, 2017

Brazil’s tainted meat scandal is driving up cattle prices and creating an opening for competitors in the U.S. and elsewhere that struggled to match the South American nation’s low production costs.

Vote on this story -->>>

David Rockefeller Overcame Youthful Shyness and Insecurities

Friday, March 24th, 2017

David Rockefeller grew from a shy, insecure child into a leader in banking, philanthropy and international relations. The former chief executive of Chase Manhattan Bank died Monday at age 101.

Vote on this story -->>>

Amazon Defeats IRS in Tax-Court Case

Thursday, March 23rd, 2017

Amazon.com prevailed over the Internal Revenue Service in a more-than-$1.5 billion dispute over the online retailer’s transactions with a Luxembourg subsidiary.

Vote on this story -->>>

GameStop closing at least 150 stores amid sales declines

Thursday, March 23rd, 2017

Hard hit by consumers passing up stores to download games digitally and a tough holiday-shopping season, GameStop said Thursday it plans to close at least 150 of its 7,500 stores world-wide.

Vote on this story -->>>

New WikiLeaks Documents Describe Alleged Mac, iPhone Hacking Tools

Thursday, March 23rd, 2017

WikiLeaks on Thursday released new documents it says describe hacking tools used by the Central Intelligence Agency over the past decade to infect Apple Inc. devices.

Vote on this story -->>>

THE MIAMI METROPOLIS -your source for news, music, sports, movies, restaurants, reviews, weather, travel, arts, tech and events in Miami