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Category : Business (Archive for 2018-11-30) News by Google
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Wall Street Journal
China's Manufacturing Engine Starts to Sputter
Wall Street Journal
BEIJING—China's critical manufacturing sector appears to be stalling, with a gauge of activity ticking down in the latest sign of weakness for the economy. The government reported Friday that the official manufacturing purchasing managers index fell ...

Forbes
SEC Fines Floyd Mayweather And DJ Khaled For Illegally Promoting A Fraudulent ICO
Forbes
The SEC has fined two celebrities for failing to disclose payments they received for promoting initial coin offerings (ICOs). Professional boxer and promoter Floyd Mayweather paid a total of $614,775 in fines, disgorgement and pre-judgement interest ...

USA TODAY
Payless sold its discount shoes for $600 a pair at mock luxury influencer event
USA TODAY
Troubled discount footwear chain Payless Shoesource may want to change its name. The privately-held Topeka, Kansas-based shoe seller executed the reverse of a bait-and-switch operation recently with a luxury influencer event held in Santa Monica, ...

Jalopnik
Making Good Cars Isn't Enough
Jalopnik
Yesterday, General Motors shocked the business world with news that despite strong profits as of late, it will close several North American plants and lay off some 15,000 workers as part of a massive restructuring. There's a theory that if GM just made ...

The Mercury News
FDA: Turns out, contaminated romaine lettuce is from California
The Mercury News
By Lena H. Sun | Washington Post. Federal health officials said Monday that only romaine lettuce from certain parts of California is unsafe to eat and romaine lettuce entering the market will now be labeled to give consumers information about when and ...

Reuters
SoftBank becomes first Japan firm to forgo IPO price range, keeps view at £10
Reuters
TOKYO (Reuters) - SoftBank chalked up another first in Japan on Friday, setting a single indicative price of 1,500 yen (£10) for its telco IPO rather than a price range as usual, pegging the deal at 2.4 trillion yen in the country's biggest-ever ...

The Desert Sun
'Cease and desist,' Palm Springs tells scooter company that popped up unannounced Thursday
The Desert Sun
Bird scooter-sharing announced Thursday that it has arrived in Palm Springs — the first city in the Coachella Valley to have an e-scooter business. “The launch happened quite quickly,” Bird Co. officials told The Desert Sun. The company dropped a ...

Wall Street Journal
AT&T Plans 3-Tiered WarnerMedia Streaming Service to Take On Netflix
Wall Street Journal
AT&T Inc., trying to reassure investors it can capitalize on its big acquisition of Time Warner, said it plans to offer three versions of a new streaming video service next year that will feature original movies and television series from Warner Bros ...

Wall Street Journal
Bayer to Cut 12000 Jobs, Shed Coppertone and Dr. Scholl's Brands
Wall Street Journal
BERLIN— Bayer AG BAYRY -1.28% on Thursday said it would cut 12,000 jobs and sell its animal-health business, Coppertone sunscreens and Dr. Scholl's foot-care products in an effort to win back investors' trust after a string of setbacks and a sharp ...

CNBC
Asia markets cautious as investors look to crucial Trump-Xi talks at G-20 summit
CNBC
Asia Pacific markets ended mixed on Friday as investors waited for a highly anticipated meeting between President Donald Trump and his Chinese counterpart Xi Jinping at the G-20 summit in Argentina, which many hope will help ease escalating trade ...

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