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Category : Business (Archive for 2016-07-06) News by Google
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Bloomberg
Hostess Bets on Twinkies as Pabst Blue Ribbon of Junk Food
Bloomberg
It's a playbook that worked with Pabst Blue Ribbon: Breathe new life into a moribund brand by cultivating hipster credentials. Now, the investors who helped revive Pabst beer are taking Hostess Brands public, banking on introducing a new generation of ...

Reuters
Stocks and bond yields sink as growth fears set in
Reuters
LONDON Fear of instability in the European Union and of decades of global stagnation sent stock markets sharply lower on Wednesday as Britain's pound sank below $1.30 for the first time in more than three decades. After a steadier few days as investors ...

WJXT Jacksonville
Brexit Britain: Pound drops to $1.28
WJXT Jacksonville
LONDON (CNNMoney) - This is what a currency crash looks like. The pound has slumped to $1.28, its lowest level in more than three decades. Investors are dumping the pound following Britain's vote to leave the European Union on June 23. The pound has ...

Washington Post
A Chipotle executive was supposed to save the chain. Now, he's caught in a cocaine ring.
Washington Post
Mark Crumpacker was at the helm of a mission: Help rehabilitate Chipotle's image after food safety scares led to plunging sales. The 53-year-old executive had his work cut out for him. Two E. coli outbreaks and norovirus had left dozens sick, prompting ...

Washington Post
China wants bookseller back but Hong Kong says no chance
Washington Post
HONG KONG — Hong Kong officials said Wednesday there's little chance a bookseller wanted in mainland China will be sent back after mainland authorities threatened him with tougher punishment if he didn't return. Security officials also said they will ...

CNBC
Here's how traders are playing the news on Tesla, Delta Air Lines and more
CNBC
The "Fast Money" traders debated a slate of transportation companies, after a slew of bad news pressured the stocks. Trader Steve Grasso remains skeptical of Tesla Motors, after the company missed its delivery target for the second consecutive quarter ...

Wall Street Journal
Brexit Aftershocks Shake UK Real Estate, Pound
Wall Street Journal
LONDON—Two big British asset managers blocked worried investors from pulling money out of real-estate funds, and the pound sank to a new 31-year low Tuesday, twin signs that the U.K.'s vote to leave the EU was injecting new turbulence into financial ...

Wall Street Journal
PRECIOUS-Gold hits 2-year high as Brexit fears shake markets
Reuters
... * Gold priced in sterling hits over 3-year high * U.S. Fed June FOMC meeting minutes due Wednesday * GRAPHIC-2016 asset returns: reut.rs/1WAiOSC (Updates throughout, changes dateline, pvs BENGALURU) By Sethuraman N R and Vijaykumar ...

Business Today
For Oil's Outlook, Check the Pump
Wall Street Journal
The key to where oil prices are headed next could be found at the gas pump. Gasoline often leads crude prices higher during the busy summer driving season, but right now it is dragging the market down. Gasoline futures on Tuesday fell 8.48 cents, or 5 ...

Reuters
Saudi Arabia's oil reserves: how big are they really? - Kemp
Reuters
LONDON “How much oil lies beneath the desert sands of Saudi Arabia and how long will it last before running out?” is a question that has intrigued and confounded oil experts for five decades. The kingdom has proven reserves of 266 billion barrels ...

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