| Latest News, Videos and Live Video

Thursday August 25th 2016

Business News Latest Real-Time Updates

Business latest news updated in real-time by rss feeds.

Gold PricePlatinum PriceSilver PriceCopper PriceAluminium

Business – Google News

WHY IT MATTERS: Trade – New York Times


Yahoo Sports

WHY IT MATTERS: Trade
New York Times
WASHINGTON — THE ISSUE: In this angry election year, many American voters are deeply skeptical about free trade — or downright hostile to it. The backlash against trade threatens a pillar of U.S. policy since World War II: Through trade pacts and …
Trump Lays Out Seven Steps to 'Bring Back' and 'Create' Jobs for FL CrowdBreitbart News
Trump: I Will Label China A Currency Manipulator And Enforce WTO Rules They BreakRealClearPolitics
Donald Trump ramps up rhetoric on China tradeFinancial Express

all 6 news articles »

Posted on 25 August 2016 | 7:33 am

Monsanto steps up India cotton seed dispute – Financial Times


Financial Times

Monsanto steps up India cotton seed dispute
Financial Times
Monsanto, the US chemicals groups that revolutionised Indian cotton farming, said it had scrapped plans to launch a new generation of pest-resistant cotton seeds in India, in protest at its acrimonious dispute with New Delhi over royalties.
India fwd/annualised dlr premia-Aug 25Reuters
Monsanto withdraws new GM cotton seed in India rowDaily Mail
Monsanto Withdraws GMO Cotton Seed Application in IndiaBloomberg
Business Standard –St. Louis Business Journal –Scroll.in –RT
all 14 news articles »

Posted on 25 August 2016 | 5:53 am

Dollar Rally Fades Away Before Yellen as European Stocks Retreat – Bloomberg


Bloomberg

Dollar Rally Fades Away Before Yellen as European Stocks Retreat
Bloomberg
A dollar rally ran out of steam as most financial markets stabilized ahead of a Friday speech by Federal Reserve Chair Janet Yellen that may shed light on the likely scale and timing of U.S. interest-rate increases. Chinese stocks and iron ore dropped.
Asia Stocks Hold Gains Ahead of Yellen's SpeechFortune
Asian shares wobble as markets await comment from YellenU.S. News & World Report
Asian Shares Flat Ahead of Fed MeetingWall Street Journal
New York Times –Reuters –Nasdaq –GMA News
all 28 news articles »

Posted on 25 August 2016 | 4:30 am

HP Inc. tops Street 3Q forecasts but outlook clips stock – News & Observer


News & Observer

HP Inc. tops Street 3Q forecasts but outlook clips stock
News & Observer
Shares in HP Inc. tumbled in extended trading Wednesday after the personal computer and printer maker beat expectations with its results for its fiscal third quarter but its outlook for the current quarter fell short of Wall Street estimates. In this
HP Inc beats estimates, weak printer demand weighs on forecastReuters
HP Profit Slides, PC Sales Pick Up — WSJNasdaq
HP's Outlook Still Down Despite Improved PC SalesFortune
MarketWatch –VentureBeat –The Mercury News –TechCrunch
all 106 news articles »

Posted on 24 August 2016 | 11:11 pm

States Start to Approve Steep Increases in Health Premiums – Wall Street Journal


Wall Street Journal

States Start to Approve Steep Increases in Health Premiums
Wall Street Journal
WASHINGTON—The first handful of states have released approved 2017 rates for people who buy health insurance on their own and the results so far are consistent with what many expected: There are significant increases in premiums for next year.
Illinois submits Obamacare insurance premium increases to fedsChicago Tribune
Obamacare premiums expected to spike; taxpayer subsidies to help consumers foot billWashington Times
Prices Up, Choices Down on Illinois Health Insurance MarketCBS Local
Omaha World-Herald –Waco Tribune-Herald –CNBC –Chattanooga Times Free Press
all 177 news articles »

Posted on 24 August 2016 | 10:47 pm

Viacom May Tighten Reins on Paramount – Wall Street Journal


Wall Street Journal

Viacom May Tighten Reins on Paramount
Wall Street Journal
LOS ANGELES—Paramount Pictures Chief Executive Brad Grey is facing the pitch meeting of his life. As head of one of Hollywood's oldest and most iconic movie studios, Mr. Grey has overseen many duds of late, most recently a remake of “Ben-Hur” that …
Viacom Said to Rethink Resistance to $12 Billion Debt DowngradeBloomberg
All of the Outrageous Details from Viacom's CEO $72 Million Pay OutFortune
Brief Essay On Viacom's FutureSeeking Alpha
Broadcasting & Cable –CampaignLive –Newcanaanitect.com –Ecigintelligenceinfo.com
all 17 news articles »

Posted on 24 August 2016 | 8:56 pm

Latest Target In The Drug Price Wars? The Ubiquitous EpiPen – NPR


NPR

Latest Target In The Drug Price Wars? The Ubiquitous EpiPen
NPR
EpiPens are in your friend's purse and your kid's backpack. The school nurse has a few, as does Grandma. The medicine inside — epinephrine — has been around forever, and the handy gadget that injects it into your leg is not particularly new either.
Another Drug Pricing RipoffNew York Times
Are drug companies overcharging?CNN
Mylan Faces Scrutiny Over EpiPen Price IncreasesWall Street Journal
Washington Post –Daily Beast –Fortune –Bloomberg
all 667 news articles »

Posted on 24 August 2016 | 8:51 pm

Ex-CEO Admits to Options Fraud After Decade on Lam in Africa – Bloomberg


New York Post

Ex-CEO Admits to Options Fraud After Decade on Lam in Africa
Bloomberg
The former chief executive of Comverse Technology Inc. who hid in Africa for a decade pleaded guilty to backdating stock options and was jailed immediately by a U.S. judge who said the defendant's intelligence and guile meant he couldn't be trusted to …
Ex-Comverse CEO pleads guilty to fraud, a decade after fleeing to AfricaReuters
10 years later, indicted tech CEO pleads guilty to one count of securities fraudCNBC
Fugitive Tech CEO Kobi Alexander Returning to US in Plea Deal in Stock-Options CaseWall Street Journal
New York Daily News –New York Post –Yahoo News
all 37 news articles »

Posted on 24 August 2016 | 7:30 pm

SEC Says 71 Muni Borrowers Lied About Disclosure Histories – Bloomberg


TODAYonline

SEC Says 71 Muni Borrowers Lied About Disclosure Histories
Bloomberg
The U.S. Securities and Exchange Commission said it reached settlements with 71 state and local borrowers for lying to investors about their compliance with disclosure requirements when they sold bonds in the $3.7 trillion municipal market. Issuers
US SEC charges 71 municipal bond issuers for misleading investorsReuters
SEC accuses Fulton County of keeping bond investors in the darkAtlanta Journal Constitution
Cedar Rapids among 71 public entities charged with SEC violationsThe Gazette: Eastern Iowa Breaking News and Headlines
ThinkAdvisor –The Boston Globe –Bond Buyer
all 15 news articles »

Posted on 24 August 2016 | 5:09 pm

U.S. Treasury Steps Up Pressure on EU Over Apple Tax Dispute – Bloomberg


Bloomberg

U.S. Treasury Steps Up Pressure on EU Over Apple Tax Dispute
Bloomberg
The U.S. is stepping up its effort to convince the European Commission to refrain from hitting Apple Inc. and other companies with demands for possibly billions of euros in underpaid taxes. In a white paper released Wednesday, the Treasury Department
Apple could be on the hook for $19 billion in taxes, and the Obama administration is lividBusiness Insider
US criticises EU tax probes ahead of Apple rulingBBC News
Treasury Department Criticizes EU on Corporate Tax ProbesWall Street Journal
CNBC –AppleInsider (press release) (blog) –Washington Post –The Mac Observer (blog)
all 49 news articles »

Posted on 24 August 2016 | 3:40 pm

Business – BingNews

Saudi Arabia is facing a ‘squeeze’

Saudi Arabia has a new problem to worry about: borrowing costs. A bunch of ugly warning signs have been bubbling up in Saudi Arabia lately. The economy grew at just a 1.5% clip in the first quarter, its slowest rate in 13 years. The non-oil private sector …

Posted on 25 August 2016 | 12:48 am

Asian shares wobble as markets await comment from Yellen

NEW YORK (AP) — Shares wavered in thin but volatile trading in Asia on Thursday, following a bleak day on Wall Street led by declines in health-care stocks as outrage mounts over steep price hikes for Mylan’s EpiPens. Investors are awaiting a speech by …

Posted on 25 August 2016 | 12:47 am

Asia markets mixed; dollar edges higher while oil reverses morning losses

Asian stocks were mixed Thursday, as traders stayed on the sidelines ahead of a speech from Federal Reserve Chair Janet Yellen that analysts said could provide clues about the central bank’s next move. Chinese mainland markets reversed some of their early …

Posted on 25 August 2016 | 12:43 am

The biggest buyers of gold aren’t buying like they used to

The world’s central banks are still net buyers of gold, but they may be slowing down those purchases. Central banks bought an estimated 166 tonnes of gold and sold 22 tonnes in the first half of 2016, making a net purchase of 144 tonnes, according to …

Posted on 25 August 2016 | 12:42 am

Union Bankshares Corporation Names John C. Asbury President; To Succeed G. William Beale as CEO in 2017

Photos accompanying this announcement are available at http://www.globenewswire.com/NewsRoom/AttachmentNg/8cbf1576-00aa-4914-8448-73650f664cc7 http://www.globenewswire.com/NewsRoom/AttachmentNg/341e71e9-b4de-475e-b565-bb7612041b09 “Today’s announcement …

Posted on 25 August 2016 | 12:41 am

Epipen was Mylan CEO’s ‘baby’: Now she’s in the hot seat

Drug company CEO Heather Bresch affectionately describes the humble EpiPen as her “baby,” a once-middling product that she turned into a blockbuster. With aggressive advertising — and even more aggressive price hikes — Bresch has fostered the …

Posted on 25 August 2016 | 12:41 am

Martin Marietta’s Fort Calhoun Quarry to transition from open-pit to underground mining

Martin Marietta’s Fort Calhoun Quarry plans to transition from an open-pit mine to an underground mine over the next four to five years. The Pilot-Tribune & Enterprise reports that Todd Clock, vice president of Martin Marietta’s Des Moines District …

Posted on 25 August 2016 | 12:39 am

Trump Tried to Takeover American Airlines & Holiday Inn…sort of

Did you know that in 1989, American’s CEO, Bob Crandall, had to make a public statement declaring that the airline wouldn’t negotiate or pay ransom to Trump in order to fend off a takeover? According to a CNN investigation, Trump was heavily involved …

Posted on 25 August 2016 | 12:35 am

Fly Leasing Ltd. (FLY) Price Target Cut to $15.00 by Analysts at Citigroup Inc.

Fly Leasing Ltd. (NYSE:FLY) had its price objective reduced by Citigroup Inc. from $17.00 to $15.00 in a research report report published on Friday morning. Citigroup Inc. currently has a buy rating on the stock. A number of hedge funds recently modified …

Posted on 25 August 2016 | 12:34 am

CSU Monterey Bay has ambitious plans to double in size in less than 15 years, relying heavily on private dollars.

Welcome to California State University, Monterey Bay in the year 2030. It’s 36 years after a 1,350-acre tract of land littered with toxic sites and decrepit asbestos-filled buildings of the former Fort Ord Army base was given to the California State …

Posted on 25 August 2016 | 12:34 am