Business

Trending stories

More

Latest stories

1m
Zero Hedge
Commerzbank To Cut Over 100 Bankers In NYCGermany's Commerzbank announced that it is cutting more than 100 investment ban
Commerzbank To Cut Over 100 Bankers In NYC
Zero Hedge / Posted moments ago
Germany's Commerzbank announced that it is cutting more than 100 investment banking related jobs in its New York office as part of its efforts to streamline its operations and boos profitability the WSJ reports, as a sluggish trading environment... Read more
1m
Zero Hedge
Biotechs Building Base? ...Or Bursting Bubble?Via Dana Lyons' Tumblr, The bruised and bloodied Biotech sector is testing a t
Biotechs Building Base? ...Or Bursting Bubble?
Zero Hedge / Posted moments ago
Via Dana Lyons' Tumblr, The bruised and bloodied Biotech sector is testing a trendline that may determine whether it has one more bull bounce – or if its bubble has burst. Today’s Trendline Week feature takes us back to the U.S. to look at one of... Read more
1m
Zero Hedge
How To 'Win' 91% Of The Time When Trading OilSeriously... For the 10th day of the last 11, the minutes before the NYMEX clo
How To 'Win' 91% Of The Time When Trading Oil
Zero Hedge / Posted moments ago
Seriously... For the 10th day of the last 11, the minutes before the NYMEX close (1430ET) have seen a remarkable sudden panic-buying spree... We note yesterday was exciting as crude crashed right as NYMEX closed... are the pattern-fitting algos... Read more
1m
Yorkshire evening post
Council’s £44m office block deal ‘shows strength of Leeds’ as business destinationTHE £43.7m acquisition of a major office block by Leeds Council, believed to be
Council’s £44m office block deal ‘shows strength of Leeds’ as business destination
Yorkshire evening post / Posted moments ago
THE £43.7m acquisition of a major office block by Leeds Council, believed to be the largest post-Brexit deal in the country, demonstrates the strength of the city as a business destination, developers have said. Work is due to be complete on the... Read more
1m
Zero Hedge
Pershing Square Lays Off More Than 10% Of EmployeesWhile we await the latest weekly update from a crushed Pershing Square, to see
Pershing Square Lays Off More Than 10% Of Employees
Zero Hedge / Posted moments ago
While we await the latest weekly update from a crushed Pershing Square, to see how far the latest collapse in Valeant stock has slammed the P&L of Bill Ackman's hedge fund, we know that the picture is not pretty: as of a week ago, the fund was down... Read more
1m
NBC 12 Richmond
Missing pregnant 14-old found safeHoliday weekend gas prices at lowest level in more than 10 yearsHoliday weekend
Missing pregnant 14-old found safe
NBC 12 Richmond / Posted moments ago
Holiday weekend gas prices at lowest level in more than 10 yearsHoliday weekend gas prices at lowest level in more than 10 years Gas prices are at their lowest July 4 price since 2005. (Source: NBC12) The average price of a gallon of regular gas in... Read more
1m
Channel NewsAsia
Brexit triggers surprise emerging market asset rallyNEW YORK: When British voters shocked world markets by voting to leave the Euro
Brexit triggers surprise emerging market asset rally
Channel NewsAsia / Posted moments ago
NEW YORK: When British voters shocked world markets by voting to leave the European Union last week, emerging markets assets seemed among the most vulnerable to a full-on retreat to safe havens from riskier investments. Yet as investors have... Read more
2m
Fortune
Here's What International Banks in the U.K. are Doing About BrexitWill London see its crown as the financial center of the Europe be tarnished, n
Here's What International Banks in the U.K. are Doing About Brexit
Fortune / Posted 2 minutes ago
Will London see its crown as the financial center of the Europe be tarnished, now that the U.K. has decided to leave? J.P. Morgan previously said that it may have to move 4,000 of its 16,000 jobs out of the U.K.—though following the Brexit vote, CEO... Read more
2m
Fortune
Americans' Coffee Guzzling Is Pushing Bean Prices HigherU.S. coffee drinkers are consuming more of the brew than ever, helping to send
Americans' Coffee Guzzling Is Pushing Bean Prices Higher
Fortune / Posted 2 minutes ago
U.S. coffee drinkers are consuming more of the brew than ever, helping to send global coffee consumption to an all-time high and sending prices for the beans soaring. World demand for coffee beans is poised to hit a record this year as people around... Read more
3m
Los Angeles Times
Anaheim bans short-term rentals in residential areasIn response to vocal complaints from residents, the Anaheim City Council voted
Anaheim bans short-term rentals in residential areas
Los Angeles Times / Posted 3 minutes ago
In response to vocal complaints from residents, the Anaheim City Council voted to ban all future short-term rentals in residential areas of the city and gave existing rental operators 18 months to close up shop. Following a five-hour meeting that... Read more
3 related stories
3m
Los Angeles Times
How low can bonds go after 'Brexit' sends investors fleeing to them once again?Britain’s vote to leave the European Union has sent rattled investors fleeing o
How low can bonds go after 'Brexit' sends investors fleeing to them once again?
Los Angeles Times / Posted 3 minutes ago
Britain’s vote to leave the European Union has sent rattled investors fleeing once again to the perceived safety of bonds, renewing a question that has befuddled markets since the 2008 financial crisis: How low can already rock-bottom yields... Read more
4 related stories
4m
Santa Rosa Press Gazette
Guy Thompson Community Center’s art activities expandxxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxx
Guy Thompson Community Center’s art activities expand
Santa Rosa Press Gazette / Posted 4 minutes ago
xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx... Read more
397 related stories
4m
The Topeka Capital-Journal
Walmart rolls out online grocery pick-up program in TopekaTwo local Walmart Supercenters started offering free online grocery order and p
Walmart rolls out online grocery pick-up program in Topeka
The Topeka Capital-Journal / Posted 4 minutes ago
Two local Walmart Supercenters started offering free online grocery order and pickup on Wednesday. The stores featuring the service are located at 2600 N.W. Rochester Road and 1301 S.W. 37th St. The online ordering, which is free to all customers... Read more
4m
Philly.com
Feds: Ousted Montco stockbroker defrauded clients for 6 more years, bought a South Street barA former Montgomery County stockbroker has been indicted on fraud charges, accu
Feds: Ousted Montco stockbroker defrauded clients for 6 more years, bought a South Street bar
Philly.com / Posted 4 minutes ago
A former Montgomery County stockbroker has been indicted on fraud charges, accused of swindling clients - many elderly - out of $415,000 and spending their money on himself, his family, and to buy a bar on Philadelphia's South Street, the U.S.... Read more
4m
WZZM 13 Grand Rapids
Stocks higher as 'Brexit' losses shrink furtherU.S. stocks, coming off a big three-session rally amid fading Brexit fears, kic
Stocks higher as 'Brexit' losses shrink further
WZZM 13 Grand Rapids / Posted 4 minutes ago
U.S. stocks, coming off a big three-session rally amid fading Brexit fears, kicked of the first trading day of the third quarter in a positive mood, putting the market within striking distance of wiping out all of its Brexit-driven losses. Friday's... Read more
7m
The Star
Sumatec to pay RM818mil for full ownership of Kazakh oil concessionHalim, who is Sumatec's substantial shareholder, also owns Markmore Energy (Lab
Sumatec to pay RM818mil for full ownership of Kazakh oil concession
The Star / Posted 7 minutes ago
Halim, who is Sumatec's substantial shareholder, also owns Markmore Energy (Labuan) Ltd -- the concession owner of the Rakushechnoye oil and gas field. KUALA LUMPUR: Sumatec Resources Corp Bhd, which is currently entitled to only half of the profits... Read more
7m
The Star
London bankers face Brexit choice: lobby or leave“Politicians can’t dictate where things are done,” HSBC's Flint says. - Reuters
London bankers face Brexit choice: lobby or leave
The Star / Posted 7 minutes ago
“Politicians can’t dictate where things are done,” HSBC's Flint says. - Reuters pic LONDON: A week after Britons voted themselves out of the European Union, many London-based bankers and their employers face two options if they are to secure their... Read more
9 related stories
7m
Market Watch
This is what Brexit did to the average investor’s portfolioGiven what a wild ride the past week has been, you might not be shocked to lear
This is what Brexit did to the average investor’s portfolio
Market Watch / Posted 7 minutes ago
Given what a wild ride the past week has been, you might not be shocked to learn that the average investor lost money last month—even with the Brexit selloff representing what many analysts called a “screaming buy for stock investors.” According to... Read more
7m
Market Watch
SEC is investigating SoftBank Group and former executive Nikesh AroraThe Securities and Exchange Commission is investigating Japanese internet and t
SEC is investigating SoftBank Group and former executive Nikesh Arora
Market Watch / Posted 7 minutes ago
The Securities and Exchange Commission is investigating Japanese internet and telecommunications giant SoftBank Group Corp., and its former executive Nikesh Arora, according to a lawyer for disgruntled investors in the company. “We do know that the... Read more
7m
Market Watch
Scammers using disabilities to scoreI have been a consumer reporter for 20 years. And actually nothing that scammer
Scammers using disabilities to score
Market Watch / Posted 7 minutes ago
I have been a consumer reporter for 20 years. And actually nothing that scammers do really surprises me anymore. They will take from the elderly, children, even people with serious illnesses. When a natural disaster hits, you can count on scammers... Read more
7m
EuroNews
Saddled with 1.3 billion euros of debt, top Greek retailer, Marinopoulos, gets bankruptcy protectionGreece’s biggest supermarket chain has won a reprieve. Out of money and with h
Saddled with 1.3 billion euros of debt, top Greek retailer, Marinopoulos, gets bankruptcy protection
EuroNews / Posted 7 minutes ago
Greece’s biggest supermarket chain has won a reprieve. Out of money and with huge debts, the Marinopoulos group, on Friday, gained temporary protection from its creditors by an Athens court. It now has until September 21 to restructure – a mammoth... Read more
8m
The Register
Sources: Nutanix poised to gobble PernixdataFour independent sources say hyper-converged poster child Nutanix is buying hyp
Sources: Nutanix poised to gobble Pernixdata
The Register / Posted 8 minutes ago
Four independent sources say hyper-converged poster child Nutanix is buying hypervisor flash-cacher PernixData, thus gaining crucial technology to speed up its appliances. Nutanix spokesman Declan Waters told us: "No comment." A PernixData... Read more
8m
Salon.com
6 Williams Cos. board members quit after failing to dump CEONEW YORK (AP) — Nearly half of the board members of Williams Cos. quit this wee
6 Williams Cos. board members quit after failing to dump CEO
Salon.com / Posted 8 minutes ago
NEW YORK (AP) — Nearly half of the board members of Williams Cos. quit this week after they unsuccessfully tried to force out the energy company’s CEO. In a letter made public Friday, former board member Eric Mandelblatt says he and five others quit... Read more
3 related stories
10m
Canberra Times
ECB officials want clear-cut roadmap for UK exit from EUTwo of the European Central Bank's top policymakers pressed Britain on Friday t
ECB officials want clear-cut roadmap for UK exit from EU
Canberra Times / Posted 10 minutes ago
Two of the European Central Bank's top policymakers pressed Britain on Friday to provide a clear-cut plan for leaving the European Union, to prevent more economic damage. In what appeared to be co-ordinated statements, ECB chief economist Peter... Read more
3 related stories
10m
Dallas Morning News
Pipeline dealmaker Kelcy Warren's legacy could be marked by the $33 billion bet that went badBillionaire Kelcy Warren's legacy as a pipeline dealmaker may now be defined by
Pipeline dealmaker Kelcy Warren's legacy could be marked by the $33 billion bet that went bad
Dallas Morning News / Posted 10 minutes ago
Billionaire Kelcy Warren's legacy as a pipeline dealmaker may now be defined by his most ambitious misstep. Warren built a reputation as a visionary by scooping up small pipeline companies just as the U.S. shale boom exploded. It helped him build a... Read more
12m
Accounting Today
RGL Forensics Merges in Stahl Forensic and Valuation ExpertsRGL Forensics, a Denver-based financial investigations company, has added Stahl
RGL Forensics Merges in Stahl Forensic and Valuation Experts
Accounting Today / Posted 12 minutes ago
RGL Forensics, a Denver-based financial investigations company, has added Stahl Forensic and Valuation Experts, a Florida-based forensic accounting and litigation firm, effective July 1. As part of the deal, Stahl’s two principals, Briggs Stahl and... Read more
13m
Nottingham Post
My Local Nottingham stores closeMy Local could axe its third Nottingham store in the space of a week after the
My Local Nottingham stores close
Nottingham Post / Posted 13 minutes ago
My Local could axe its third Nottingham store in the space of a week after the convenience retail chain was placed into administration. The branches in Melbourne Road, in Aspley, and Carlton Hill were closed earlier this week and the Post... Read more
15m
Greenwich Time
Stop Selling the 'What' and Start Selling the 'Why'You gotta love entrepreneurs. All their passion and excitement around the innov
Stop Selling the 'What' and Start Selling the 'Why'
Greenwich Time / Posted 15 minutes ago
You gotta love entrepreneurs. All their passion and excitement around the innovative new products they are building. And, they love talking about their products with others, detailing every feature and functionality of their offering. They are... Read more
2 related stories
16m
WVVA Bluefield
Commission rules rate review freeze is constitutionalRICHMOND, Va. (AP) - The Virginia State Corporation Commission has ruled a 2015
Commission rules rate review freeze is constitutional
WVVA Bluefield / Posted 16 minutes ago
RICHMOND, Va. (AP) - The Virginia State Corporation Commission has ruled a 2015 law that froze electric rate reviews and could cost customers hundreds of millions of dollars is constitutional. The commission issued ruling 2 to 1 Friday dismissing a... Read more
17m
San Francisco Chronicle
US: Up to 116 civilians killed in drone, other air attacksPresident Barack Obama talks before signing the FOIA Improvement Act of 2016 an
US: Up to 116 civilians killed in drone, other air attacks
San Francisco Chronicle / Posted 17 minutes ago
President Barack Obama talks before signing the FOIA Improvement Act of 2016 and the Puerto Rico Oversight, Management, and Economic Stability Act in the Oval Office of the White House in Washington, Thursday, June 30, 2016. less President Barack... Read more
457 related stories
More