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Category : Business (Archive for 2017-06-23) News by Google
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Bloomberg
How You Know the CEO Is a Goner
Bloomberg
After a string of scandals and embarrassments, Uber's embattled CEO Travis Kalanick was forced to resign. The assumption is that he was pushed out for bad behavior. The truth is more prosaic: The other problems compounded the basic one that he lost a ...

Washington Post
Trump visited this Boeing factory to celebrate jobs. It just announced layoffs
Washington Post
Five months ago at a Boeing factory in South Carolina, President Trump proclaimed, “We are going to fight for every last American job.” On Thursday, workers at the North Charleston plant learned they'd soon face layoffs. The airplane manufacturer ...

Reuters
Toshiba stock listing status downgraded, deeper losses flagged
Reuters
The logo of Toshiba Corp is seen behind cherry blossoms at the company's headquarters in Tokyo, Japan April 11, 2017. REUTERS/Toru Hanai. By Makiko Yamazaki | TOKYO. TOKYO Crisis-wracked Toshiba Corp suffered further indignities on Friday, ...

Reuters
Biggest US banks clear first hurdle in Fed's annual stress tests
Reuters
A combination file photo shows international banks Morgan Stanley, Barclays, Goldman Sachs, JPMorgan, Credit Suisse, Citigroup and Bank of America Merrill Lynch from Reuters archive. REUTERS/File photos. 1/2. left. right. A J.P. Morgan logo is seen in ...

Nasdaq
US bans fresh Brazil beef imports over safety concerns
Nasdaq
(Adds China context) By Tom PolansekCHICAGO, June 22 (Reuters) - The United States halted imports of fresh Brazilian beef on Thursday, the U.S. Department of Agriculture (USDA) said, after a high percentage of shipments failed to pass safety checks.

NPR
Man Accused Of Making Millions Of Robocalls Faces Biggest-Ever FCC Fine
NPR
Federal regulators on Thursday said they've identified "the perpetrator of one of the largest ... illegal robocalling campaigns" they have ever investigated. The Federal Communications Commission has proposed a $120 million fine for a Miami resident ...

New York Times
Tesla in Talks to Set Up Electric Car Factory in Shanghai
New York Times
A Tesla Model X car at the G Festival in Beijing in April. Credit Mark Schiefelbein/Associated Press. HONG KONG — Tesla Motors is in discussions to establish a factory in Shanghai, its first in China, a move that could bolster its efforts in one of ...

Bloomberg
China Bulls, Don Your Hard Hats
Bloomberg
The timing of this information-gathering exercise is curious ahead of the Communist Party congress later this year. By. Nisha Gopalan. @nishagopalanhk More stories by Nisha Gopalan. Fri Jun 23 2017 00:09:27 GMT-0700 (PDT). From. Photographer: Greg ...

ExtremeTech
This Is Why Nvidia and AMD Continue to Ride the Cryptocurrency Mining Wave
TheStreet.com
Shares of GPU makers Nvidia Corp. (NVDA) and Advanced Micro Devices Inc. (AMD) have gotten a shot in the arm recently thanks to a resurgence in the cryptocurrency mining market. But what's behind the recent boost in cryptocurrency mining demand?

Motley Fool
Grocery Aisles and E-Commerce Collide With Whole Foods-Amazon Deal
Motley Fool
The e-commerce giant's biggest acquisition took many by surprise -- here's what you need to know about the $13.7 billion deal. Chris Hill. (TMFWizard). Jun 22, 2017 at 9:30PM. In this segment from the Motley Fool Money show, Chris Hill is joined by ...

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