Business

Business

Chinese tourists are taking over, one selfie at a time - and showing the way to

(c) 2018, Bloomberg. One of the strongest drivers of global economic growth isn’t factories or financial services or internet startups, it’s what we do when we’re not working. We are becoming a planet of tourists. For the past seven years, the travel-and-tourism sector has outperformed the overall...


Business

Volvo cars returns to family roots with V60 station wagon

(c) 2018, Bloomberg. Volvo Car Group unveiled its V60 station wagon, returning to a family-oriented model to bring back traditional customers after years of sport utility vehicles dominating the Swedish brand’s delivery growth. The V60, which will compete with BMW’s 3-Series Touring, Audi’s A4...


Business

JPMorgan plans soaring HQ in Midtown

(c) 2018, Bloomberg. It will be the house that Jamie Dimon built -- a soaring monument to JPMorgan Chase & Co. and, in some ways, to its longtime CEO. JPMorgan announced on Wednesday it will tear down its Park Avenue headquarters and construct a modern tower that will mark a new era for both...


Business

Sales of existing U.S. homes fall unexpectedly in January

(c) 2018, Bloomberg. Sales of previously owned U.S. homes unexpectedly fell in January to a four-month low, indicating a shortage of available properties is increasingly hindering the real-estate industry, a National Association of Realtors report showed Wednesday. --Contract closings fell 3.2% m/m...


Business

Spotify's founders aren't giving up control any time soon

(c) 2018, Bloomberg. Spotify’s co-founders are taking a page from the Google-Facebook playbook, with plans to maintain control over the music service after its stock listing by holding shares with super voting power, according to three people with knowledge of the matter. Chief Executive Officer...


Business

A Louisiana sheriff just denied a tax exemption for a local small business. Can he do

Special To The Washington Post. Shreveport-based Inferno Manufacturing is a 21-person maker of high pressure valves and gaskets used in the oil industry. In 2016, the company bought a $480,000 piece of machinery that it says will increase its production capabilities and also add three employees. As...


Business

Small-business sentiment is no help to investors

(c) 2018, Bloomberg View. President Donald Trump took a brief break from tweeting about Russian electoral interference (” No Collusion!”), #MeToo ( Fake News!) and gun violence ( Very Sad!) to tweet about small-business optimism. This is an issue near and dear to me, involving actual business...


Business

Soybeans could dethrone corn as U.S. crop king after 35 years

(c) 2018, Bloomberg. For the first time in 35 years, soybeans are poised to steal the crown of U.S. crop king from corn. American farmers are set to increase their soy plantings to a record 90.69 million acres, according to the average estimate in a Bloomberg survey of 21 trading firms and analysts....


Business

With Google and Amazon at $1,000, a market fixture goes hungry

(c) 2017, Bloomberg. What’s more important, being in the Dow Jones Industrial Average, or showing the world you’re too cool for conventions like splitting your shares? It’s a question that many are asking as the century-old benchmark tries to stay relevant in today’s tech-driven economy. At the...


Business

Investors abandon trapped Canada oil as pipeline woes deepen

(c) 2018, Bloomberg. Canada’s energy companies can’t get any love, even from many Canadians. With pipeline, regulatory and political frustrations reaching new heights, the nation’s energy stocks slumped to their lowest level in almost two years this month. The iShares S&P/TSX Capped Energy Index...


‹ Newer Older ›
2018 Standard-Examiner Readers' Choice Vote
×