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Reuters: Business News

Judge rejects U.S. move to disqualify states' lawyer New! 2019-11-21 17:48:19A federal judge on Thursday rejected a U.S. government effort to disqualify a lawyer arguing for 15 states and the District of Columbia in their effor

Gap's Old Navy brand to exit China in New! 2019-11-21 17:47:18Gap Inc said on Thursday it would not sell its Old Navy apparels in China from early 2020 and instead would focus on its North America market to boos

Wall Street dips as investors await U.S.-China trade New! 2019-11-21 17:41:19U.S. stock indexes moved slightly lower on Thursday as investors moved to the sidelines with mixed messages and no concrete signs of progress on U.S.-

Nordstrom bucks trend of grim retail forecasts; share New! 2019-11-21 17:38:07Nordstrom Inc raised its 2019 forecast unlike many competitors and reported third-quarter profit above Wall Street expectations on Thursday, sending

Microsoft granted license to export 'mass market' software New! 2019-11-21 17:31:06Microsoft Corp on Thursday said it has been granted a license to export software to Huawei Technologies Co Ltd.

Fiat Chrysler brushes off GM lawsuit, sees Peugeot New! 2019-11-21 17:27:06Fiat Chrysler Automobiles NV on Thursday brushed off a shock lawsuit from General Motors Co and said it was confident of reaching a binding merger dea

JPMorgan lowers account minimum, expands free trades for New! 2019-11-21 17:22:47JPMorgan Chase & Co said Thursday it is giving free online trades to more customers and lowering the amount of money needed to open one of its ro

House Democrats see progress on U.S.-Mexico-Canada trade deal, New! 2019-11-21 17:13:13U.S. House Democrats said on Thursday they ironed out some differences with the White House over a trade agreement with Canada and Mexico, and Congres

Pelosi says progress was made on USMCA in New! 2019-11-21 17:13:13U.S. House Speaker Nancy Pelosi said on Thursday that progress was made on the U.S.-Mexico-Canada trade pact in a meeting she held with U.S. Trade Rep

Vivendi ready to sell part of Mediaset stake New! 2019-11-21 17:08:57French media group Vivendi is prepared to sell part of its stake in Mediaset at a loss in an attempt to reach a deal to end years of bitter legal di

Facebook agrees to provide additional documents in California New! 2019-11-21 16:58:06Facebook Inc has agreed to turn over additional documents after the California state attorney general's office went to court earlier this month to c

Schwab-TD Ameritrade deal shows Trump rule-easing boon for New! 2019-11-21 16:57:46A possible purchase by brokerage giant Charles Schwab Corp. of rival TD Ameritrade reflects a more relaxed mood under Trump administration regulator

L.A. Times - Business

Former SEC chair Christopher Cox brings Laguna Niguel New! 2019-11-21 17:01:49Politician Christopher Cox, who formerly served as the U.S. Securities and Exchange Commission chairman, is asking $6.888 million for his ocean-view m

Wrestling star Bill Goldberg seeks $3.2 million for New! 2019-11-21 16:23:10Wrestling great Bill Goldberg has put his home in the northern San Diego County community of Bonsall on the market for $3.2 million.

Jake Burton Carpenter, pioneer who turned snowboarding into New! 2019-11-21 14:42:03Jake Burton Carpenter, who helped turn snowboarding into a billion-dollar business and an Olympic showpiece, has died at 65.

Hiltzik: UC contracts place religious restrictions on treatment New! 2019-11-21 14:28:31Catholic hospital chains subject University of California medical faculty and students to religious rules limiting medical treatments, contracts show.

What $750,000 buys with a view right now New! 2019-11-21 08:00:22Take a look at what roughly $750,000 buys with a view right now in Fillmore, Simi Valley and Ventura in Ventura County.

'Frozen 2' will be a box office monster. New! 2019-11-21 08:00:12The animated Disney sequel is expected to dominate as theaters look to holiday movies to thaw a chilly box office.

PayPal just struck L.A.'s biggest ever tech deal 2019-11-20 19:12:25PayPal is buying Honey, whose popular browser extension is used to compare prices at online shopping sites, for $4 billion.

Robin Williams' Northern California home hits the market 2019-11-20 17:19:51In Paradise Clay, a waterfront enclave north of San Francisco, the estate of late comedian and actor Robin Williams is for sale at $7.25 million.

'Purge' actress Paola Núñez pays full price and 2019-11-20 14:32:42Mexican actress Paola Núñez has paid $1.349 million — or $100,000 over the asking price — for a chic hillside home in Laurel

'American Gods' star Ricky Whittle scoops up a 2019-11-20 12:47:19In Woodland Hills, actor Ricky Whittle has bought a custom home for $1.425 million — or $125,000 more than the asking price.

Police can keep video from Ring doorbells indefinitely, 2019-11-20 12:32:33Once Ring doorbell owners give law enforcement access to video captured by their cameras, police can keep the video as long as they want and share it.

Column: The future for local news looks bleak 2019-11-19 20:53:14Gannett and GateHouse will merge into the largest U.S. newspaper company, but its future looks anything but certain.

Economy

US services companies growth rebounds in October 2019-11-05 10:00:00Measures of sales, new orders and employment all rebounded from the previous month.

The trade deficit got smaller in September as 2019-11-05 08:30:00The U.S. international trade deficit was forecast to narrow to $52.20 billion in September from $55 billion in August, according to economists polled

China presses Trump to remove more tariffs in 2019-11-04 22:00:00The fate of the Dec. 15 China tariffs is being considered as part of negotiations and a potential signing trip this month.

US GDP rose a better-than-expected 1.9% in the 2019-10-30 08:30:00The growth in GDP was slightly slower than in the second quarter as business investment declined.

Private payrolls increase by 125,000 in October, topping 2019-10-30 08:15:00Private payrolls grew at a faster-than-expected pace in October, but the solid growth was offset by a sharp downward revision for the previous month.

Weekly mortgage demand is flat as interest rates 2019-10-30 07:07:00Higher mortgage rates give homeowners little incentive to refinance their home loans

Third-quarter economic growth is expected to be a 2019-10-29 16:16:00Third quarter growth is expected to come in at a weakish 1.6%, with the biggest hits from slowing business investment.

The Fed is expected to cut rates, but 2019-10-29 15:01:00The Fed is widely expected to cut interest rates on Wednesday, but what it says about future moves could have a big impact on markets.

US consumer confidence dips in October, misses expectations 2019-10-29 10:00:00U.S. consumer confidence dipped slightly in October as worries over business conditions and employment prospects ticked up.

Pending home sales rise 1.5% in September, thanks 2019-10-29 10:00:00Pending home sales, which measure signed contracts to buy existing homes, rose for the second straight months. Realtors credit low mortgage rates, des

Home price gains heat up in August but 2019-10-29 09:00:00Home prices rose 3.2% in August, up from the 3.1% gain in July, according to the S&P CoreLogic Case-Shiller National Home Price Index.

Fed to cut rates again, but other economic 2019-10-29 07:00:00The latest CNBC Fed Survey finds concerns over recession, monetary policy and worries about future economic policy.

NYT > Economy

Fed Unlikely to Cut Rates Again Unless Economy 2019-11-20 15:31:25Minutes of the Federal Reserve’s last policy meeting reinforced the central bank’s message that it may be done cutting rates barring econo

How FedEx Cut Its Tax Bill to $0 2019-11-19 06:27:29The company, like much of corporate America, has not made good on its promised investment surge from President Trump’s 2017 tax cuts.

Trump Meets With Fed Chair Powell for a 2019-11-18 16:12:15The president has made a habit of criticizing the chair of the Federal Reserve, Jerome H. Powell, whom he picked to lead the central bank.

For Start-Ups, Cash Is King (Again) 2019-11-17 18:44:15Some are preparing for a potential downturn by cutting spending and raising money earlier than planned. Just as they did before.

Warren Would Take Billionaires Down a Few Billion 2019-11-16 18:19:34Elizabeth Warren’s tax proposals would significantly curb the gigantic fortunes of America’s richest families over time.

Subzero Interest Rates Are Luring Insurers to Risk 2019-11-14 12:39:22Usually the most strait-laced of investors, insurance companies are letting loose to gain some income, drawing the attention of regulators.

Fed Chair Paints Rosy Economic Picture but Says 2019-11-13 16:00:15In testimony before Congress, Jerome Powell also suggested the Fed can test the labor market’s limits.

As Push for Higher Minimum Wages Grows, New 2019-11-13 10:27:01Fed research suggested higher minimum wages did not cost jobs in border counties. Industry-level analysis and real-life stories back that up — w

In Data Journalism, Tech Matters Less Than the 2019-11-13 09:00:12Ben Casselman, an economics reporter, uses a programming language called R and works with vast data sets. But he says interviews still make for the be

The SoftBank Effect: How $100 Billion Left Workers 2019-11-12 14:26:17SoftBank poured money into start-ups that use armies of contractors. That has upended the lives of drivers, hotel operators and real estate agents aro

How Bad Is China’s Debt? A City Hospital 2019-11-11 00:30:53The city of Ruzhou spent big, then used its health care workers to raise money, as local governments look for ways to keep the economy going.

Why the Fed, Long Reticent, Has Started to 2019-11-08 17:56:07Severe weather carries economic and financial stability risks, officials say. The nation’s top economic authority is paying attention.

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SC stays tributal order that held Sebi had 2019-11-18 08:47:56The tribunal had also pointed out that SEBI has no authority to look into the quality of audit and auditing services

Lawyers' expect CJI SA Bobde to dispose of 2019-11-18 08:13:45New CJI, Bobde, has succeeded Justice Ranjan Gogoi who retired on November 17 after remaining in office for over 13 months.

IT companies may shed up to 40,000 mid-level 2019-11-18 07:56:56'It's going to happen again and again and again every five years,' said Pai

Govt should have consulted RS before converting J&K 2019-11-18 07:38:21He said the Upper House has a central role to play in the form of "checks and balances to a majority government" as it presents the interests of the

Pawar meets Sonia to discuss possibility of govt 2019-11-18 07:36:29Maharashtra was placed under President's rule on November 12 after no party or alliance staked claim to form government

India leads mobile ad fraud in Asia, blockchain 2019-11-18 07:29:58Only 37% respondents are aware of Blockchain and its application to fraud prevention

Replacing Pratt engines in IndiGo fleet by January 2019-11-18 07:28:35India's aviation regulator on Nov. 1 ordered IndiGo to replace all Pratt & Whitney (P&W) engines on its fleet of twin-engined Airbus A320neo

Global goods growth in Q4 to remain below 2019-11-18 07:04:55Its latest quarterly barometer showed growth in global merchandise trade rose by 0.2% in the second quarter of this year against 3.5% in same period o

Grant 3-yr moratorium, extended timelines for payment of 2019-11-18 06:02:56Airtel, Vodafone Idea and other telecom operators have to pay the government a whopping Rs 1.4 trillion

MARKET WRAP: Sensex slips 73 pts amid selling 2019-11-18 05:31:45All that happened in markets today.

Why the Essar judgment has scored a win 2019-11-18 05:24:33The verdict will rekindle hope in the integrity of India's bankruptcy process, but it will take a lot more work to allay concerns about its effective

Parties can win people's hearts without rushing to 2019-11-18 05:20:47Modi said parties, including his BJP, has to learn from the NCP and BJD in this regard

Insider.pro

Ubisoft Partners with Blockchain Distribution Platform New! 2019-11-21 16:02:16 Thus, Ubisoft has become the first top gaming company to bolster its UOS blockchain, as a corporate block producer.

LG Partners with Kakao's Subsidiary to Expand Blockchain New! 2019-11-21 14:01:26 Both companies agreed to build mutually compatible infrastructure.

The Block: Binance Closes Office in Shanghai After New! 2019-11-21 12:23:47 Cryptocurrency exchange Binance has closed its office in Shanghai after a raid by law enforcement agencies.

Margin Trading: 6 Secrets of Bitcoin Millionaires New! 2019-11-21 09:56:20 A significant amount of Bitcoin millionaires have built their fortunes by utilizing margin trading to translate the cryptocurrency’s volatility

Monex Subsidiary Launches Crypto Brokerage Platform New! 2019-11-21 08:30:24 A subsidiary of the Japanese financial services firm Monex Group has just launched a crypto brokerage platform.

Mining Firm Canaan Raises $90M during its IPO New! 2019-11-21 06:25:22 Chinese crypto mining device maker Canaan has just gone public.

Binance Acquires Indian Crypto Exchange WazirX New! 2019-11-21 04:51:04 Binance has just acquired the Indian trading platform in order to offer its services to more than 1 billion users in the country.

Bitcoin.com Announces $200M BCH Fund 2019-11-20 16:52:26 Details of the fund are yet to clarified but bitcoin.com reports the fund will allow institutional investors to join the fund.

National Gendarmerie is Using Tezos to Validate Expenses 2019-11-20 14:17:15 The new program allows C3N to acquire cryptocurrency from Europol-allocated funds in order to cover operational costs.

Ripple Partners with Oxford Foundry 2019-11-20 12:42:16 As the announcement states, students will be given the opportunity to learn how to code in Python and build smart contracts.

Chinese Companies Launch $1B Blockchain Investment Fund 2019-11-20 11:35:09 The fund goal is to invest in and digitally transform a bank.

What Will It Take for DEXs to Compete 2019-11-20 10:30:00 Decentralized exchanges, which emerged to replace traditional centralized ones, are struggling to achieve their goal.

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