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Category : Business (Archive for 2017-06-29) News by Google
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Reuters
New computer virus spreads from Ukraine to disrupt world business
Reuters
FRANKFURT/WASHINGTON A computer virus wreaked havoc on firms around the globe on Wednesday as it spread to more than 60 countries, disrupting ports from Mumbai to Los Angeles and halting work at a chocolate factory in Australia. Risk-modeling ...

TechCrunch
Amazon's 2017 Prime Day sale will be July 11th
TechCrunch
Amazon just announced its third annual Prime Day, the retailer's answer to Black Friday that originally started to celebrate its 20th anniversary. While Amazon had previously said they would be doing a third year of Prime Day, this is the first time we ...

New York Times
Shkreli's Lawyer Calls Him 'Strange' but Berates Fraud Case Against Him
New York Times
Martin Shkreli is on trial on fraud charges in the Federal District Court in Brooklyn. Credit Lucas Jackson/Reuters. An odd duck. Perhaps autistic. Weird. Maybe with Asperger's. A guy who shuffled around his office in bunny slippers with a stethoscope ...

New York Times
Big Banks Set to Pay Out Largest Dividends in a Decade
New York Times
The largest banks all passed stress tests, but the Federal Reserve is requiring Capital One to resubmit its new capital plan. Credit Mark Lennihan/Associated Press. All of the nation's largest banks passed the latest stress test on Wednesday, the first ...

TravelPulse
Trump Name to Be Removed From Toronto Hotel
TravelPulse
PHOTO: Trump International Hotel and Tower in Toronto could become a St. Regis. (photo via Flickr/Richard Alvin). The Trump Organization will receive millions of dollars so that JCF Capital ULC—the U.S. firm that owns the Trump International Hotel ...

Reuters
Meal-kit maker Blue Apron goes public, demand underwhelms as Amazon looms
Reuters
Blue Apron Holdings Inc (APRN.N), the biggest U.S. meal kit provider, raised $300 million as it went public on Wednesday, a third less than it had hoped, as Amazon.com's (AMZN.O) industry-changing deal to buy Whole Foods Market Inc (WFM.O) weighed on ...

CNBC
Trump takes another swipe at Amazon, saying Bezos isn't 'paying internet taxes'
CNBC
This tweet comes one day after The Washington Post put out a story saying a fake issue of Time magazine with Trump on the cover was hanging in some of the president's golf clubs. The Post is owned by Amazon CEO Jeff Bezos. Just last week, Bezos, ...

Independent.ie
H&M profits increase on the back of improved online sales and brand development
Independent.ie
Profits at fashion giant H&M increased by almost 10pc to SEK 7.7bn (€793m) in the three months to 31 May 2017, according to the group's latest financial statement. The development of its online sales platform, greater cost control, as well as the ...

New York Times
Staples to Sell for $6.9 Billion, and Its New Owner Has an Uphill Battle
New York Times
The retailer Staples is said to have agreed to sell itself to a private equity firm, Sycamore Partners. Credit Lucy Nicholson/Reuters. As online shopping claims ever more casualties, Staples, a mainstay of office supplies, has agreed to sell itself to ...

Fortune
ABC, meat producer settle in $1.9B 'pink slime' libel suit
ABC News
FILE - This March 29, 2012, file photo, shows the beef product that critics call "pink slime" during a plant tour of Beef Products Inc. in South Sioux City, Neb. Beef Products Inc. says the settlement reached with ABC in a $1.9 billion defamation ...

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