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Category : Business (Archive for 2017-11-10) News by Google
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Washington Post
Trump's antitrust chief's views on AT&T merger have shifted since last year
Washington Post
Two days after Donald Trump said that he would block the merger of AT&T and Time Warner because “deals like this destroy democracy,” a supporter — antitrust expert and law professor Makan Delrahim — expressed a far different view. “I don't see this ...

Reuters
China lifts foreign ownership limits on financial firms
Reuters
BEIJING (Reuters) - The Chinese government on Friday said it will raise foreign ownership limits in domestic financial firms, a long-anticipated step that grants greater access to overseas investors into the Asian giant's financial services market ...

Bloomberg
Chinese Media Giant to Buy Karaoke App Musical.ly for $800 Million
Bloomberg
The Beijing ByteDance Technology headquarters in Beijing. The company is best known for a mobile app called Jinri Toutiao. Photographer: Giulia Marchi/Bloomberg. Beijing ByteDance Technology Co., the company behind giant Chinese media startup Jinri ...

Footwear News
Nordstrom Lost $20 Million in Q3 Sales Due to Hurricanes
Footwear News
Nordstrom Inc. shares have slipped into the red in after-hours trading after the firm's third-quarter sales missed expectations as a result of several natural disasters during the period. As of 4:45 p.m. ET, Nordstrom shares were down nearly 3 percent ...

Reuters
Disney profit, revenue misses Street as cable business weighs
Reuters
(Reuters) - Walt Disney Co (DIS.N) reported lower-than expected quarterly revenue and profit on Thursday, dragged down by a poor performance at its cable business, including a drop in subscribers at ESPN. FILE PHOTO: The logo of the Disney store on the ...

Chicago Tribune
Black Friday isn't for two weeks, but some stores are already offering deals
Chicago Tribune
Thanksgiving is still two weeks away, but Black Friday has already begun - at least for some retailers. Best Buy on Wednesday began offering "Black Friday" discounts on hundreds of items, including big-screen TVs, Apple Watches and tablets. Walmart ...

Fortune
Macy's Hasn't Seen Sales Grow in 3 Full Years
Fortune
The largest U.S. department store operator said on Thursday that comparable sales fell 3.6% in the third quarter, their 12th straight decline, and one that was a percentage point worse than what Wall Street analysts were expecting, according to Thomson ...

CNBC
A self-driving shuttle in Las Vegas got into an accident on its first day of service
CNBC
A Navya Arma autonomous electric shuttle prepares to move along Fremont Street in downtown Las Vegas, U.S., on January 14, 2017. A Las Vegas-based self-driving shuttle service celebrated its launch day by getting into an accident with a human driver, ...

Yahoo Finance
Tech stocks tug Wall Street lower; investors fret about US tax cut delays
Yahoo Finance
(Reuters) - Wall Street stocks dropped on Thursday, weighed down by losses in Microsoft and other technology issues, as investors turned their attention to a U.S. Senate Republican plan that would delay expected corporate tax cuts. The S&P 500 index ...

Chicago Tribune
TripAdvisor, under fire for removing claims of rape, will now flag hotels with reported incidents
Chicago Tribune
TripAdvisor says it has changed its rules about reviews that contain allegations of rape or other crimes, following a published report that quoted several users who said such postings were deleted. (Steven Senne / AP). Marwa Eltagouri and Rachel ...

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