Business

Business

19 minutes with Microsoft's CEO: A new book, a new culture and a 'complete nonsense

(c) 2017, The Washington Post. Microsoft CEO Satya Nadella has long been a fan of dropping literary references into business conversation. He quoted Nietzsche in an investor call. He’s paraphrased Oscar Wilde in an employee memo. He’s tweeted book lists that include Plato and Piaget, and shared...


Business

New stores, restaurants opening at Station Park in Farmington

Station Park

Several new stores and restaurants are opening at Farmington’s Station Park as the retail complex undergoes an expansion.


Business

Crypto-mania grips Hong Kong as city looks beyond banking

(c) 2017, Bloomberg. In the mid-1990s, Johnson Leung embarked on a career in shipping. In the early 2000s, he moved to finance. And now, he runs a Hong Kong startup that aims to improve how container ships are booked using blockchain technology. Many in Hong Kong hope the city can make a similar...


Business

Having children can ruin your retirement

(c) 2017, Bloomberg. You don’t have children to get rich. From the moment a child arrives, parents pay more-for food, clothes, health care, larger homes, child care and education. The total tab for getting a kid from birth to the 18th birthday is $233,610, according to an annual estimate by the U.S....


Government

Contractors accuse Iraq of shake downs to force tax payments

US Iraq Contractors

WASHINGTON (AP) — American military contractors operating in Iraq are accusing Baghdad of employing strong-arm tactics to make them pay exorbitant income taxes, a practice they’ve warned the Trump administration is hampering the fight against Islamic State extremists. To force payment of the taxes,...


Business

In Texas oil patch, jitters mount that a bust is near

(c) 2017, Bloomberg. Steve Pruett has seen more than his share of booms in three decades in the oil business. None, though, as strange as the one gripping the Permian Basin right now. The telltale signs are the same as always, with companies like his desperate for skilled workers to man the...


Business

Equifax's breach is not its first brush with concerns over handling of personal data

(c) 2017, The Washington Post. After working largely out of the spotlight for decades, America’s thousands of credit reporting companies found themselves in trouble in the late 1960s as lawmakers grew concerned about the massive troves of sensitive information the firms had collected on private...


Business

Russian companies looking for cheap labor don't have to go far

(c) 2017, Bloomberg. Just a seven-hour drive south of Moscow, Stary Oskol could be a world away when it comes to the costs of running a business. For Metalloinvest Holding Co., the bargain was too good to pass up. Starting in July, Russia’s largest iron-ore producer is relocating some management...


Business

Springsteen tickets hit $10,000, and Wall Street gets scalped

(c) 2017, Bloomberg. We ain’t in Asbury Park anymore: prime tickets to “Springsteen on Broadway” are now going for as much as $10,000 on StubHub. Even a cheap seat will cost you $1,400. Never mind that it says $75 on the ticket. Sure, those $2.50 tickets, circa “Rosalita,” disappeared in the ‘70s....


Business

Bombardier bruised on two sides with threats to trains, jets

(c) 2017, Bloomberg. Bombardier’s turnaround plan is coming under threat from stepped-up challenges to the company’s rail business and its cutting-edge jetliner. The Canadian manufacturer risks being jilted by Germany’s Siemens, which is now exploring a rail-equipment deal with Alstom of France...


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