Tellus Business News Updates

  • Trump’s Planned Hotel Expansion Plans QuestionedTrump’s Planned Hotel Expansion Plans Questioned
    Trump's new brand, American IDEA, was touted as a modestly priced and patriotically themed U.S. hotel chain. So far, however, there are no signs of actual developments in progress.
  • Finland Shoots Down Trump’s Claims About F18 PurchaseFinland Shoots Down Trump’s Claims About F18 Purchase
    Finland's Defense Ministry tweet denies they have agreed to purchase "a large number" of F18 fighters from Boeing that President Donald Trump announced during a joint appearance with Finnish president Sauli Niinistö
  • Microsoft Terminates Support for Office 2007Microsoft Terminates Support for Office 2007
    RepublishReprint If you use Microsoft Office 2007, you’re in for a surprise today when you open your Word or Excel systems today. When you do so, you will get a message saying that Microsoft is discontinuing support for Office 2007 in 2017. If you try to access the online help system for Word or Excel (or […]
  • Starbucks Stock Tanks – Teavana Unit to be Shut DownStarbucks Stock Tanks – Teavana Unit to be Shut Down
    Starbucks shares fell 5.6 percent to $56.15 in after-hours trading yesterday after the  company reported disappointing global sales growth Thursday. The company also announced the closing of its Teavana brand.
  • 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 Central Park for less than half the price his company had said they were worth. The lucky buyer: Trump’s son, Eric. […]
  • 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 Fields, 56, as part of of a company-wide shakeup designed to streamline decision making and improve operating efficiency. The move reflects growing unhappiness with the company’s financial performance […]
  • 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 Asian shares gained. The single European currency rose to as high as $1.1024, its highest in about six months, before stepping back to […]
  • 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 trillion dollars) in the first quarter of 2017, the National Bureau of Statistics said. China Premier Li Keqiang in March announced a growth target for […]
  • 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 of eight years I’ll come back and say, ‘Oh you did a good job,’” Trump said at a Jan. 11 […]
  • 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 results indicate substantial doubt exists related to the company’s ability to continue as a going concern,” Sears said in the annual report for the fiscal […]

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