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Category : Business (Archive for 2017-10-20) News by Google
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Washington Post
What would happen if Amazon brought 50000 workers to your city? Ask Seattle.
Washington Post
SEATTLE — Amazon.com has driven an economic boom in Seattle, bestowing more than 40,000 jobs upon a city known for Starbucks coffee and Seahawks fandom. Its growth remade a neglected industrial swath north of downtown into a hub of young ...

Fox News
Ikea dresser, already recalled, reportedly kills 8th child
Fox News
FILE: A California boy is reportedly the eighth child to be killed by an Ikea dresser that was recalled in June 2016. (Reuters). A 2-year-old boy in California is reportedly the eighth child to be killed by an Ikea dresser that was recalled in June ...

Bloomberg
Trump Advisers Are Said to Lean Toward Taylor or Powell for Fed
Bloomberg
President Donald Trump's closest advisers are steering him toward choosing either Stanford economist John Taylor or Federal Reserve Board Governor Jerome Powell to be the next Fed chief, according to several people familiar with the process. Trump has ...

NPR
The 30th Anniversary Of Black Monday: A Day That Made Wall Street Quake
NPR
Hysteria. Panic. Those were words reporters were using on this day 30 years ago to describe the stock market crash, now remembered as Black Monday. Oct. 19, 1987, brought the single biggest one-day percentage drop in history — and yes, that includes ...

Reuters
Nissan's inappropriate inspections started at least 20 years ago: NHK
Reuters
TOKYO (Reuters) - Inappropriate inspection practices at Nissan Motor Co Ltd had been going for at least 20 years, Japanese national broadcaster NHK reported on Friday, in a new revelation that could further roil Japan's second-biggest automaker.

Reuters
Facebook to launch news subscription feature, some big names opt out
Reuters
(Reuters) - Facebook Inc (FB.O) said on Thursday it has signed up 10 news publishers including the Washington Post and The Economist to take part in a trial that gives its mobile app users access to a limited number of articles a month and then the ...

Financial Times
Dollar gains as US Senate clears tax-cut hurdle
Financial Times
The US dollar strengthened on Friday as the Senate passed a budget blueprint that will help push forward the Republican party's planned $1.5tn tax-cut package. Hot topic. The Senate voted 51-49 late on Thursday to pass the bill, in a move that stands ...

USA TODAY
Shares of United Airlines tumble after 3Q financial report
USA TODAY
DALLAS — Shares of United Airlines dropped more than 12% on Thursday — their biggest one-day percentage decline in eight years — after a contentious conference call that caused analysts to question whether United executives are making progress on ...

Bloomberg
Tesla Model 3 Reliability Likely to Be Average, Consumer Reports Says
Bloomberg
Tesla Inc. probably will pull off average reliability with the Model 3 sedan Elon Musk is counting on to dramatically expand demand for his electric cars, according to Consumer Reports magazine. Consumer Reports made the prediction based on the amount ...

TechCrunch
When $100BN is not enough… Softbank is planning Vision Fund sequels
TechCrunch
Softbank looks to be preparing follow on raises to its first ~$100BN Vision Fund. Speaking to Nikkei today CEO Masayoshi Son said: “The Vision Fund was just the first step, 10 trillion yen ($88BN) is simply not enough. We will briskly expand the scale ...

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