Archive for the ‘Business’ category

The 30th Anniversary Of Black Monday: A Day That Made Wall Street Quake

October 19th, 2017

The 30th Anniversary Of Black Monday: A Day That Made Wall Street Quake
Author Diana Henriques says, "people remembered Black Monday as a meaningless event, when in fact, it was probably the most revelatory of our crashes."

On Oct. 19, 1987, Wall Street had its single worst trading day ever. Even after three decades, Black Monday still marks the biggest one-day crash, and its impact continues to reverberate.

(Image credit: Jennifer Kerrigan/NPR)


Source
Business : NPR

Breakingviews TV: Cooling GE’s jets

October 19th, 2017

Breakingviews TV: Cooling GE’s jets
Rob Cox and Richard Beales preview GE’s forthcoming earnings, the first for new CEO John Flannery, and likely changes ranging from grounding his predecessor’s spare airplane to possible reduced financial targets and dividend cuts.

Source
Reuters Video: Business

Climate change benefits Home Depot shares, says Ross Gerber

October 19th, 2017

Climate change benefits Home Depot shares, says Ross Gerber
Gerber Kawasaki’s CEO tells Reuters’ Fred Katayama the wave of natural disasters and real estate boom benefit the home improvement chain.

Source
Reuters Video: Business

Bull markets don't die of old age, says Andy Kapyrin

October 19th, 2017

Bull markets don't die of old age, says Andy Kapyrin
RegentAtlantic’s resesarch director tells Reuters’ Fred Katayama the bull market rally still has legs despite its late stage

Source
Reuters Video: Business

Verizon gains wireless subscribers

October 19th, 2017

Verizon gains wireless subscribers
The U.S.’ largest carrier added more phone subscribers than Wall Street expected in the latest quarter. Fred Katayama reports.

Source
Reuters Video: Business

Competition bites at Unilever, Nestle under pressure

October 19th, 2017

Competition bites at Unilever, Nestle under pressure
Unilever has reported lower-than-expected third-quarter sales, losing market share to smaller competitors. As Sonia Legg reports, Swiss rival Nestle has also said increased restructuring costs would weigh on its margins suggesting perhaps that big isn’t always beautiful in when it comes to global food and consumer goods.

Source
Reuters Video: Business

China stocks fall as GDP cools, property softens

October 19th, 2017

China stocks fall as GDP cools, property softens
China stocks fell after slightly slower economic growth in the third quarter and soft property sales caused concern the economy will see further cooling. David Pollard reports

Source
Reuters Video: Business

Black Monday anniversary: a repeat looming?

October 19th, 2017

Black Monday anniversary: a repeat looming?
On the 30th anniversary of the 1987 stock market crash, U.S. stocks are at a record high and investors are concerned that steep valuations may mean a correction is overdue. Laura Frykberg reports.

Source
Reuters Video: Business

Financial, security woes undermine Libya's oil recovery

October 19th, 2017

Financial, security woes undermine Libya's oil recovery
Libya’s oil production revival is being undermined by the same financial, economic and security problems that threaten the promise of stability and a better life for the divided North African nation.

Source
Reuters Video: Business

New employee perk: $100 a month for your student loans

October 19th, 2017

New employee perk: $100 a month for your student loans
Elaine Florentino landed a job as an accountant as soon as she graduated college, but she still worries about paying off her student debt.
Source
Latest financial news – CNNMoney.com