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Category : Business (Archive for 2018-06-03) News by Google
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TIME
The US Trade War with China Has Reached a Dangerous New Phase
TIME
Not so long ago, U.S. leaders predicted that economic development and the birth of a middle class in China would inevitably move that nation toward democracy. Instead, China's leadership has profited from a weaker West. It has seized on opportunities ...

Bloomberg
Italian Drama Reawakens Fear of Europe's Sovereign-Bank Loop
Bloomberg
Italian government bonds have blown up, with the yield on two-year notes skyrocketing by as much as 192 basis points on Tuesday to the highest level since 2012. Spreads on subordinated debts from euro-area financial companies, meanwhile, have jumped ...

CNN
Dog dies during Delta Air Lines layover in Michigan
CNN
(CNN) A dog being flown by Delta Air Lines from Phoenix to Newark, New Jersey, died during the trip Wednesday, according to a spokeswoman for the airline. The owners, Michael Dellegrazie and his girlfriend, were moving from Phoenix to New York and ...

Bloomberg
Walmart's Tuition Offer Comes as More Americans Are Quitting Their Jobs
Bloomberg
Walmart Inc.'s offer to fund college degrees for its U.S. employees comes as businesses nationwide fight against growing turnover among workers. Job-quitting rates have risen as unemployment has plummeted and Americans have gained the confidence to ...
A 9% Yield, Record Earnings Again, 6 Straight Hikes, And No K-1
Seeking Alpha
Reported record earnings again: Q1 '18 revenue, EBITDA, and adjusted profit grew over 30%; DCF grew 16%. The common yields 8.72%, with 1.18X coverage. Management raised the payout for the sixth straight quarter and is targeting 5-7% distribution ...

Fortune
Buffalo Wild Wings' Twitter Was Hacked and Its Tweets Were Wilder Than Anything on Its Menu
Fortune
Happy Hour ended suddenly Friday night for Buffalo Wild Wings, as its official Twitter account was hacked, and racist, crude tweets spewed forth from the restaurant chain's official feed for 20 minutes before the messages were deleted. Below are ...

Washington Post
Breaking from GOP orthodoxy, Trump increasingly deciding winners and losers in the economy
Washington Post
President Trump is increasingly intervening in the economy, making decisions about corporate winners and losers in ways that Republicans for decades have insisted should be left to free markets — not the government. The shift amounts to a major change ...

USA TODAY
Southwest flight diverts after passenger allegedly smokes in lavatory
USA TODAY
A Southwest Airlines jet made an emergency landing in California following reports that a passenger was smoking in a bathroom. Southwest says Flight 1250 from Los Angeles to San Francisco was diverted Wednesday. The carrier confirmed to NBC Bay ...

Wall Street Journal
Unemployment Rate Falls to 18-Year Low; Solid Hiring in May
Wall Street Journal
WASHINGTON—Americans traditionally left behind as jobs and wages grow—high-school dropouts, blacks and Latinos—are reaping the benefits of a tightening labor market, with an unemployment rate that hasn't been lower in nearly half a century.

CNBC
Los Angeles backs 'risk taking' of Elon Musk's Boring Company — Residents fear damaged homes, earthquakes
CNBC
Elon Musk is no stranger to controversy. Even his "boring" company — The Boring Company — can't steer clear of it. It is in the very early stages of trying to solve a legendary traffic problem here on earth. In May, Musk detailed his plans to dig ...

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