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Category : Business (Archive for 2016-07-13) News by Google
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Wall Street Journal
Buybacks Pump Up Stock Rally
Wall Street Journal
Records reached this week by major U.S. stock indexes underscore the power of a popular but controversial tool: the corporate share buyback. The Dow Jones Industrial Average surged 121 points Tuesday, vaulting the 30-stock measure to its first record ...

New York Times
Business Day|As US Investigates Fatal Tesla Crash, Company Defends Autopilot System
New York Times
The dashboard of a Model S equipped with Autopilot, Tesla's autonomous driving system. Credit David Paul Morris/Bloomberg. Even as federal safety officials step up their investigation of the fatal crash of a driver operating a Tesla car with its ...

Bloomberg
Dimon Wades Into Inequality Debate With a Raise for the Little Guy
Bloomberg
It is, in some ways, a microcosm of the United States, a realm of lofty pay for some and stagnant wages for many. The place is JPMorgan Chase & Co., where Jamie Dimon, the chairman and chief executive officer, has now added his voice to the fraught ...

TechCrunch
Ousted Hyperloop One co-founder Brogan BamBrogan is suing Shervin Pishevar, claims harrassment
TechCrunch
Recently departed Hyperloop One co-founder Brogan BamBrogan has filed a restraining order against the company's former head of legal Afshin Pishevar and a lawsuit against both Afshin and his brother and BamBrogan's former startup partner Shervin ...

Crain's Chicago Business
Bob Mariano to retire
Crain's Chicago Business
Photo by Stephen J. Serio Bob Mariano, founder of Mariano's Fresh Market and CEO of its parent, Roundy's. Bob Mariano, CEO of Roundy's and founder of the fast-growing Mariano's grocery chain, will retire Sept. 1. Mariano, 66, started his supermarket ...

Bloomberg
Wanda's AMC to Buy Odeon in Global Push, Leaving Carmike Waiting
Bloomberg
AMC Entertainment Holdings Inc.'s $1.2 billion purchase of Odeon & UCI Cinemas Group extends Chinese billionaire Wang Jianlin's movie-theater empire into Europe while leaving open the fate of its deal for the No. 4 U.S. chain Carmike Cinemas Inc.

USA TODAY
5 Dow stocks dazzle in record-breaking run
USA TODAY
Big gains from a handful of big-name stocks helped propel the Dow to record-breaking heights on Tuesday. Five stocks in the Dow Jones industrial average, including McDonald's (MCD), Home Depot (HD) and insurer UnitedHealth (UNH), are the biggest ...
FDA Removes Clinical Hold On Juno Therapeutics' Cancer Drug Trial, Shares Up 27%
RTT News
Juno Therapeutics Inc. (JUNO), a biopharmaceutical company focused on treatment of cancer, Tuesday said the U.S. Food and Drug Administration has removed the clinical hold on its mid-stage clinical trial of JCAR015, a cancer drug. Under the revised ...

CNNMoney
Debt to top World War II peak within 20 years
CNNMoney
Lawmakers have twisted themselves in knots in recent years to get the federal budget "under control." But a new report Tuesday shows that those efforts have not done enough to rein in the country's debt, which remains on track to hit historically high ...

Bloomberg
Job Openings in U.S. Declined in May to Lowest Level of the Year
Bloomberg
Job openings in May dropped from a record high and hiring cooled, a Labor Department report showed Tuesday, giving a more tempered assessment of the U.S. job market following the blowout payrolls numbers reported last week.

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