Business News Archives

  • How Trump Transfers Wealth to Kin Without Paying TaxesHow Trump Transfers Wealth to Kin Without Paying Taxes
    This story was co-published with The Real Deal. In April 2016, as Donald Trump was on the cusp of clinching the Republican nomination for the White House, he sold two luxury condos near Manhattan’s
  • Ford Names New CEO to Head Troubled Car CompanyFord Names New CEO to Head Troubled Car Company
    RepublishReprint Ford Executive Chairman Bill Ford, unhappy with the auto-maker’s slipping market share and declining share prices, has named James Hackett, 62,  to replace current CEO Mark
  • Markets React Positively to Emmanuel Macron VictoryMarkets React Positively to Emmanuel Macron Victory
    There has been a collective sigh of relief on the markets following Emmanuel Macron’s victory in the French presidential election. The euro hit a six-month high against the dollar on Monday and
  • Chinese Economy Surges 6.9 %  in 1st Quarter of ’17Chinese Economy Surges 6.9 % in 1st Quarter of ’17
    Beijing (dpa) – China’s economy grew 6.9 per cent in the first quarter of 2017, a government bureau said Monday. China’s gross domestic product (GDP) was 18.07 trillion yuan (2.63
  • Trump Cash: President Can Draw Unreported Funds from Business DealsTrump Cash: President Can Draw Unreported Funds from Business Deals
    When President Donald Trump placed his businesses in a trust upon entering the White House, he put his sons in charge and claimed to distance himself from his sprawling empire. “I hope at the end
  • Sears Reveals ‘Substantial’ Doubts About FutureSears Reveals ‘Substantial’ Doubts About Future
    {Reuters} Sears Holdings, once the largest U.S. retailer, warned on Tuesday about its ability to continue as a going concern after years of losses and declining sales. “Our historical operating
  • Uber CEO Pledges to ‘Grow Up’Uber CEO Pledges to ‘Grow Up’
    RepublishReprint Uber Chief Executive Travis Kalanick has apologized, saying he admits he needs “leadership help,” after a video showed him berating one of the company’s drivers. The dashcam
  • Bill Gates Worries New Nationalism Could Hurt PlanetBill Gates Worries New Nationalism Could Hurt Planet
    The evolution of Bill Gates has seen the Microsoft cofounder master both technology and philanthropy. Now he just may need to conquer diplomacy. For the first time since creating the Bill &
  • Apple Looking to Make iPhones in IndiaApple Looking to Make iPhones in India
    President Trump wants U.S. companies to bring manufacturing jobs back home. Apple seems to have other ideas. Apple executives met with Indian government officials on Wednesday to discuss a plan to
  • Europe’s Debt Crisis Widens InequalityEurope’s Debt Crisis Widens Inequality
    Europe’s debt crisis has hit the poor harder than the rich and has caused inequalities to widen, according to the European Central Bank. Between 2010 and 2014, net household wealth fell by about 10
  • Walgreens Deal Helps Rite Aid Stock SoarWalgreens Deal Helps Rite Aid Stock Soar
    Shares of Rite Aid Corp. RAD, +5.26% shot up 6% in active premarket trade Tuesday, after the drug store chain announced a deal with Walgreens Boots Alliance Inc.WBA, +0.46% to sell 865 Rite Aid
  • Police Complaints Lead Walmart to Pull Black Live Matter ShirtsPolice Complaints Lead Walmart to Pull Black Live Matter Shirts
    Black Lives Matter T-shirts only matter so much to Walmart. The retail chain announced Tuesday it will stopping selling a Black Lives Matter shirt on its website after the country’s largest police
  • Economic Indicators Pointing in Opposite DirectionsEconomic Indicators Pointing in Opposite Directions
    Look at the two stories captured in this clipping from today’s Google News at 1o:15 AM EST. The first article reports that the U.S. trade deficit increased sharply in October, according to The
  • Uber Drivers to Strike Across U.S. CitiesUber Drivers to Strike Across U.S. Cities
    Uber drivers across the U.S. are to take part in strikes as part of a “day of disruption” organized by a coalition of workers seeking a liveable wage. The Fight For $15 group is organizing
  • SpaceX Plans to Launch 4,425 Internet SatellitesSpaceX Plans to Launch 4,425 Internet Satellites
    SpaceX, the private aerospace company founded by Elon Musk, is making plans to encircle the planet in high-speed internet satellites. Documents filed with the U.S. Federal Communications Commission

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