Business

Latest headlines for business news around the world.



Morgan Stanley equity strategist warns clients to stop yawning at his bearish call and get defensive

Morgan Stanley's lead domestic strategist repeated his call for second-quarter earnings reports to lead to lukewarm responses from companies' shares. 

Posted on 16 July 2018 | 2:14 pm


UBS downgrades FedEx on trade war risks, upgrades UPS on domestic performance

UBS swapped out its pick of parcel delivery services Monday.

Posted on 16 July 2018 | 9:02 am


FaceGym founder: Why you shouldn’t let perfection delay your product launch

As entrepreneur Reid Hoffman once said, “If you're not embarrassed by the first version of your product, you've launched too late.”

Posted on 16 July 2018 | 8:55 am


3 entrepreneurs reveal what they learned after setting up their businesses

The three businesswomen talk about what they wish they’d known at the beginning.

Posted on 16 July 2018 | 7:31 am


Tesla shares fall after British diver mulls legal action over Elon Musk's baseless 'pedo guy' claim

Spelunker Vernon Unsworth is considering legal action against Elon Musk after the Tesla CEO made the baseless claim that he was a paedophile.

Posted on 16 July 2018 | 7:16 am


Tell us what you think: What are you expecting from earnings this quarter?

All eyes will be on corporate earnings this week as earnings season shifts into high gear.

Posted on 15 July 2018 | 11:53 pm


Bourbon is winning in millennial 'cocktail culture,' says distillery president

Bourbon is buzzing in cocktail culture with more millennials enjoying the drink, according to Michter's Distillery President Joseph Magliocco.

Posted on 15 July 2018 | 9:48 pm


Uber's troubled culture persists, as sensitivity 'blind spots' raise new questions

Uber Chief Operating Officer Barney Harford was hired last year to help fix problems at the ride-sharing giant. Instead, he may have created some new ones.

Posted on 14 July 2018 | 6:11 am


People are 'numb' to Trump's behavior, says Wall Street veteran

President Trump continues his unorthodox approach to the presidency, upsetting some people, while others are left "numb" to his behavior, says Wall Street investor. 

Posted on 13 July 2018 | 7:05 pm


Soon there will be only one Blockbuster video store left in the US

Blockbuster Alaska announced the closure of its two Anchorage stores, meaning there will be only one remaining location of the iconic franchise left in America, USA Today reports.

Posted on 13 July 2018 | 12:28 pm


Dysautonomia Int'l rings the opening bell at the New York Stock Exchange

The mission of the organization is to work with researchers and physicians worldwide to help improve a patient's quality of life.

Posted on 13 July 2018 | 11:55 am


Trump's SCOTUS nominee thinks ISPs have First Amendment rights, which could hurt privacy laws

Kavanaugh's First Amendment argument against net neutrality could be applied to data more broadly, potentially making regulation more difficult if he were approved.

Posted on 13 July 2018 | 11:35 am


India execs raise concerns about potential trade war with US

Executives from India met in Washington at the Annual Leadership Summit of the U.S.-India Strategic Partnership Forum. Many expressed their concern about an ongoing trade dispute. 

Posted on 13 July 2018 | 11:30 am


Avoid AT&T stock during DOJ appeal of Time Warner merger, says Raymond James: 'This is a significant overhang'

AT&T shareholders aren't likely to enjoy the Justice Department appealing the company's bid for Time Warner, Raymond James wrote in a note to investors Friday. 

Posted on 13 July 2018 | 10:38 am


DOJ challenge to AT&T-Time Warner deal could affect Disney and Comcast's bidding war for Fox, says AT&T's Stephenson

AT&T CEO Randall Stephenson would not say whether he thought the move by the DOJ was politically motivated.

Posted on 13 July 2018 | 9:50 am


PNC shares gain after higher commercial lending leads to better-than-expected earnings report

Shares of PNC Financial Services rose nearly 2 percent in premarket trading Friday after beating estimates in its second-quarter earnings report.

Posted on 13 July 2018 | 8:18 am


Jack Dorsey loses 200,000 followers on Twitter after fake user purge

Twitter has been deleting so-called “locked accounts” as part of an initiative to cleanse the platform of bots.  

Posted on 13 July 2018 | 3:19 am


Bill Gates thinks this woman is a 'hero.' Here's how you can replicate her success

To many, Bill Gates is a hero. But the billionaire philanthropist has shown that even world-class icons have idols of their own.

Posted on 13 July 2018 | 1:26 am


WWE’s Stephanie McMahon on why she’s at the gym ‘all the time’

The former WWE women’s champion says she loves ‘feeling strong’ — both physically and mentally.

Posted on 13 July 2018 | 1:25 am


Northrop Grumman CEO Wes Bush to step down

Kathy Warden, who currently acts as company president and COO of the global security company, has been selected by the board to step up as CEO in January.

Posted on 12 July 2018 | 6:27 pm


Football and private equity could benefit from similar changes, says NFL Hall of Famer

Former NFL quarterback Steve Young said the key to private equity and football right now is solid teamwork as the fields undergo change.

Posted on 12 July 2018 | 5:00 pm


Justice Department appeals Time Warner-AT&T merger approval

The Justice Department argues that the combined company would decrease competition and raise prices for consumers.

Posted on 12 July 2018 | 4:19 pm


Swimwear sales 'on fire' as year-round summers fill Instagram with string bikinis and beach posts

Retailers like Aerie and Abercrombie & Fitch are seeing a dramatic surge in swimwear sales, thanks to the year-round summers and string bikini posts on Instagram.

Posted on 12 July 2018 | 4:02 pm


Walmart reportedly weighing bids for credit-card business from Capital One, Synchrony

Walmart is weighing a bid from Capital One for its credit cards, alongside its current partner Synchrony Financial, according to a Bloomberg report Thursday. 

Posted on 12 July 2018 | 2:39 pm


Tower of secrets: the Russian money behind a Donald Trump skyscraper

While Alex Shnaider poured funds into the Trump Toronto skyscraper, the U.S. president's steel mill was promoting Vladimir Putin's reach into the west, the Financial Times reports.

Posted on 12 July 2018 | 2:02 pm


NBA Commissioner Silver ‘rooting’ for Disney in the battle against Comcast for Fox

He did say, however, that ‘whatever happens will be positive for us.’

Posted on 12 July 2018 | 11:13 am


Papa John's shares surge after founder John Schnatter resigns as chairman following N-word comment

Papa John's founder John Schnatter has resigned as chairman of his company's board after admitting and apologizing for using the N-word during a May conference call. Shares surge.

Posted on 12 July 2018 | 11:00 am


Amazon shares hit a record as Canaccord calls it 'the most robust and durable' among the FANG stocks

Amazon shares continue a steady climb this year and Canaccord Genuity named it king of the most revered tech stocks.

Posted on 12 July 2018 | 9:39 am


Fed official: 'We could end up getting behind if we don’t keep moving things up'

Members of the Federal Reserve are telegraphing two more rate hikes this year.

Posted on 12 July 2018 | 8:46 am


Earnings will turn the market positive even after tariffs: Market analyst

Despite the recent round of tariffs, Tony Dwyer, chief market strategist at Canaccord Genuity, says the upcoming earnings cycle will move the market higher. 

Posted on 12 July 2018 | 7:56 am