Archive for the ‘Business’ category

Wall Street ends down

August 19th, 2017

Wall Street ends down
Stocks pared earlier losses Friday after another shake-up in the White House. As Fred Katayama reports, shares of sport apparel makers and sports retailers got slammed.

Source
Reuters Video: Business

Stock rally could be on last legs

August 19th, 2017

Stock rally could be on last legs
Investors are questioning whether stocks are in the first stages of a correction they’ve dodged for years. Chris Dignam reports.

Source
Reuters Video: Business

Foot Locker drags down sports retailers

August 19th, 2017

Foot Locker drags down sports retailers
The athletic wear retailer’s dismal quarterly sales caused its stock to plunge and took down those of other sports retailers and sporting goods makers. Fred Katayama reports.

Source
Reuters Video: Business

Time for long-term investors to consider Wal-Mart, says Chad Morganlander

August 19th, 2017

Time for long-term investors to consider Wal-Mart, says Chad Morganlander
Washington Crossing’s portfolio managers tells Fred Katayama Wal-Mart shares will outperform the S&P 500, and he likes its rising dividend.

Source
Reuters Video: Business

Palm Beach chamber leader to charities: Rethink your business with Trump

August 19th, 2017

Palm Beach chamber leader to charities: Rethink your business with Trump
A leader of the Palm Beach Chamber of Commerce, of which President Trump’s Florida resort Mar-a-Lago is a member, wants all charities to do a moral gut check before doing business at the club.
Source
Latest financial news – CNNMoney.com

Steve Mnuchin's Yale classmates want him to resign: 'You are better than this'

August 19th, 2017

Steve Mnuchin's Yale classmates want him to resign: 'You are better than this'
Hundreds of members of Yale’s Class of 1985 want former classmate Steven Mnuchin to resign as President Trump’s Treasury secretary.
Source
Latest financial news – CNNMoney.com

Steve Bannon returns to Breitbart after ouster from White House

August 19th, 2017

Steve Bannon returns to Breitbart after ouster from White House
That didn’t take long.
Source
Latest financial news – CNNMoney.com

Billionaire Carl Icahn steps down as adviser to President Trump

August 19th, 2017

Billionaire Carl Icahn steps down as adviser to President Trump
Billionaire investor Carl Icahn said Friday he has stepped down as a special adviser to President Trump on regulatory reform.
Source
Latest financial news – CNNMoney.com

Robert P. Jones: Charlottesville, Trump presidency inspired by fear of 'cultural replacement'

August 19th, 2017

Robert P. Jones: Charlottesville, Trump presidency inspired by fear of 'cultural replacement'
Imagining America as a dining room table, there was a time when white Christians felt entitled to the patriarch’s chair — the one with armrests, the one that looks like a throne.
Source
Latest financial news – CNNMoney.com

Echo Dots briefly sold for free on Friday

August 19th, 2017

Echo Dots briefly sold for free on Friday
Online shoppers got Amazon’s Echo Dot speaker for free on Friday.
Source
Latest financial news – CNNMoney.com