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American Express Reports First Loss in Quarter-Century - Wall Street Journal

Thu, 01/18/2018 - 4:27pm

Wall Street Journal

American Express Reports First Loss in Quarter-Century
Wall Street Journal
American Express Co. AXP -0.89% on Thursday recorded its first quarterly loss in over a quarter-century and said it would suspend its share-buyback program in the first half to rebuild capital as it absorbed a hit from tax changes in the U.S ...

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IBM shares fall despite first growth in 23 quarters - CNBC

Thu, 01/18/2018 - 4:19pm

CNBC

IBM shares fall despite first growth in 23 quarters
CNBC
IBM saw its stock go down more than 4.5 percent after it reported better-than-expected earnings for the fourth quarter and full year of 2017 on Thursday. EPS: Excluding certain items, $5.18 in earnings per share vs. $5.17 in earnings per share as ...
IBM Falls After Sales in New Business Fail to Impress BullsBloomberg
IBM's Guidance and Margins Are Overshadowing Its Return to Revenue GrowthTheStreet.com
IBM Ends 22-Straight Quarters of Declining Revenue. But Wall Street Is UnimpressedFortune
TechCrunch -Barron's -ZDNet -Business Insider
all 59 news articles »

IBM shares fall despite first growth in 23 quarters - CNBC

Thu, 01/18/2018 - 4:19pm

CNBC

IBM shares fall despite first growth in 23 quarters
CNBC
IBM saw its stock go down more than 4.5 percent after it reported better-than-expected earnings for the fourth quarter and full year of 2017 on Thursday. EPS: Excluding certain items, $5.18 in earnings per share vs. $5.17 in earnings per share as ...
IBM Falls After Sales in New Business Fail to Impress BullsBloomberg
IBM Sags: Margins Scrutinized on Conference CallBarron's
IBM Ends 23-Straight Quarters of Declining Revenue. But Wall Street Is UnimpressedFortune
Reuters -TechCrunch -New York Times -ZDNet
all 44 news articles »

American Express earnings: $1.58 per share vs. $1.54 expected - CNBC

Thu, 01/18/2018 - 4:18pm

CNBC

American Express earnings: $1.58 per share vs. $1.54 expected
CNBC
American Express announced it will be temporarily suspending its buyback program after the recent tax overhaul. In the company's Thursday earnings release, CEO Ken Chenault said AmEx will suspend its buyback program for the first half of the year. The ...
AmEx posts first loss in 26 years on tax charge, suspends buybacksReuters
American Express Reports Earnings, But The Stock Has Already Reached My Price Target For JanuarySeeking Alpha
Financial Newsletter - Zacks Investment ResearchZacks Investment Research
Zacks Investment Research -SEC.gov
all 80 news articles »

Is CFPB's Mulvaney waging war on the agency he runs? - American Banker

Thu, 01/18/2018 - 4:16pm

American Banker

Is CFPB's Mulvaney waging war on the agency he runs?
American Banker
If anyone has doubted that acting Consumer Financial Protection Bureau Director Mick Mulvaney intends to overhaul the agency, the last three days alone have put those doubts to rest. Just this week, the CFPB reportedly withdrew an April 2017 lawsuit ...

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HSBC to Pay $100 Million to End US Currency-Rigging Probe - Bloomberg

Thu, 01/18/2018 - 3:51pm

Bloomberg

HSBC to Pay $100 Million to End US Currency-Rigging Probe
Bloomberg
HSBC Holdings Plc has agreed to pay about $100 million in penalties to resolve a U.S. Justice Department investigation into the rigging of currency rates, part of a probe that has already led to the conviction of one of its former bankers and charges ...
HSBC to pay $101.5m to settle currency rigging probeBBC News
HSBC To Pay More Than $100 Mln To Resolve US Forex InvestigationNasdaq
HSBC in $100 million forex fraud settlementPhys.Org
Financial Times -Washington Times -Independent.ie -Sky News
all 23 news articles »Google News

Accusations Of 'Frat House' Behavior Trail 'LA Times' Publisher's Career - NPR

Thu, 01/18/2018 - 3:46pm

NPR

Accusations Of 'Frat House' Behavior Trail 'LA Times' Publisher's Career
NPR
Updated at 5:02 p.m. ET. The Los Angeles Times has given prominent coverage to recent revelations of sexual harassment of women by prominent men, particularly in entertainment and media. Yet a review by NPR finds that the newspaper's own CEO and ...
Coast to coast Mr. Fix-It: Jim Kirk to oversee New York Daily News newsroomPoynter (blog)
It looks like Los Angeles Times publisher Tronc is eyeing a contributor modelBusiness Insider
Tronc names Jim Kirk interim editor of New York Daily NewsRobert Feder (blog)
The Cut
all 13 news articles »

Uber Completes Sale of $9.3 Billion in Stock Led by SoftBank - Bloomberg

Thu, 01/18/2018 - 2:53pm

Bloomberg

Uber Completes Sale of $9.3 Billion in Stock Led by SoftBank
Bloomberg
Uber Technologies Inc. completed its deal with SoftBank Group Corp., triggering a slate of governance reforms at the ride-hailing company. Uber shareholders sold about $8 billion at a discounted price to a group of investors led by SoftBank, making the ...
Uber's former CEO said to cash in at $1.4B in Softbank dealCNET
Uber's Kalanick ignored warnings from execs about buying self-driving truck start-up Otto, says reportCNBC
Uber agrees investment from SoftBankBBC News
Gizmodo -Financial Times -Quartz -Breitbart News
all 25 news articles »

Horrifying moment shows passengers brace for impact as plane makes emergency landing - AOL

Thu, 01/18/2018 - 2:38pm

AOL

Horrifying moment shows passengers brace for impact as plane makes emergency landing
AOL
Dramatic footage captured on a cell phone of passengers on an American Airlines flight bracing for an emergency landing is going viral online. Steve Ramsthel, one of the pilots aboard the Wednesday flight, recorded the horrifying moment he and other ...
American Airlines passengers told to brace for landing in scary vidFox News
During This American Airlines Emergency Landing, a Pilot Filmed What Happened (It's Chilling)Inc.com
Watch American Airlines passengers brace for emergency landingNOLA.com
Travel+Leisure -Rare.us -ABC News -Metro
all 15 news articles »Google News

White House complains about Congress as risk of government shutdown grows - Washington Post

Thu, 01/18/2018 - 2:32pm

Washington Post

White House complains about Congress as risk of government shutdown grows
Washington Post
Growing opposition to a short-term spending bill in the Senate Thursday increased the risk of a federal shutdown, as the White House expressed frustration with the Republican-led Congress for “being unable to do its job.” White House deputy press ...
Shutdown looms as Republicans struggle for votesPolitico

all 1,281 news articles »

The World's Most Popular Liquor Becomes Scarce On Many Shelves - NPR

Thu, 01/18/2018 - 2:20pm

NPR

The World's Most Popular Liquor Becomes Scarce On Many Shelves
NPR
Moutai baijiu reigns as China's favorite brand of its favorite liquor — but the famously fiery drink is getting hard to find, as bottles are snatched up by market speculators. Renewed thirst for baijiu has sent the value of brand parent Kweichow ...

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Amazon releases list of metro areas being considered for its second HQ - Washington Post

Thu, 01/18/2018 - 2:00pm

Washington Post

Amazon releases list of metro areas being considered for its second HQ
Washington Post
Amazon.com has released a list of 20 regions in the United States and Canada that the online retail giant is considering as possible sites for its second headquarters. The list, released Thursday, includes major metropolitan areas such as Los Angeles ...
Washington, DC, and Austin are shaping up as strong contenders for Amazon's new headquartersCNBC
Amazon reveals top 20 city candidates for its second HQTechCrunch
Amazon competitors narrowed to 20Youngstown Vindicator
Chicago Daily Herald -News 12 Westchester -STLtoday.com -WEAU
all 37 news articles »

Pharma Has Another Reason To Look Out -- Healthcare Systems Now Plan To Make Their Own Drugs - Forbes

Thu, 01/18/2018 - 1:40pm

Forbes

Pharma Has Another Reason To Look Out -- Healthcare Systems Now Plan To Make Their Own Drugs
Forbes
There's Apple, Google, and Amazon looking at the healthcare marketplace and it's making pharma a bit fearful. And beyond this industry, new distribution channels may also disrupt the pharmacy benefit management (PBM) business. Today, Intermountain ...
Fed Up With Drug Companies, Hospitals Decide to Start Their OwnNew York Times
These Hospitals Are Sick of High Drug Prices. So They're Starting Their Own Nonprofit Drug CompanyFortune
Hospital groups and the VA are trying to upend the generic drug businessBusiness Insider
CBS Baltimore / WJZ -STLtoday.com -Axios -STAT
all 17 news articles »

Whole Foods Has a Stunning Problem No One Saw Coming (and Customers Are Blaming Amazon) - Inc.com

Thu, 01/18/2018 - 1:36pm

Inc.com

Whole Foods Has a Stunning Problem No One Saw Coming (and Customers Are Blaming Amazon)
Inc.com
Absurdly Driven looks at the world of business with a skeptical eye and a firmly rooted tongue in cheek. It used to be such a calm, happy place. You could wander around a Whole Foods for hours and simply marvel at what was on offer. Now, though, things ...
Americans Are Wondering Why Whole Foods' Shelves Suddenly Look Like They're Straight out of VenezuelaIndependent Journal Review
Whole Foods Has an Empty-Shelf Problem — and a 'Militaristic' Stocking System Is Reportedly to BlameGrub Street

all 16 news articles »Google News

Amherst Whole Foods seems to have avoided national inventory problems - Buffalo News

Thu, 01/18/2018 - 1:21pm

Buffalo News

Amherst Whole Foods seems to have avoided national inventory problems
Buffalo News
The Whole Foods store in Amherst seems to be avoiding rampant out-of-stock issues that are affecting stores elsewhere in the country. Shelves at the Sheridan Drive store were stocked to normal levels Thursday morning and employees said the store hasn't ...

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I'm from Pittsburgh — here's why it is the clear best pick from Amazon's HQ 2 shortlist - Business Insider

Thu, 01/18/2018 - 1:04pm

Business Insider

I'm from Pittsburgh — here's why it is the clear best pick from Amazon's HQ 2 shortlist
Business Insider
About the only thing that could break through what has been a days-long period of sports-induced depression in the Steel City after the Steelers shocked the world and lost to the Jacksonville Jaguars while the Pirates sold off their two greatest stars ...
Amazon just released the list of metro areas it's considering for its second HQWashington Post
Newark in the running for Amazon's new HQAsbury Park Press
Amazon narrows shortlist for second HQ to 20 regionsFinancial Times
Chicago Daily Herald -Phoenix Business Journal -STLtoday.com -Curbed SF
all 32 news articles »

Multiple Implications Of Apple's Move Back Toward The US - Seeking Alpha

Thu, 01/18/2018 - 12:33pm

Multiple Implications Of Apple's Move Back Toward The US
Seeking Alpha
AAPL has announced an acceleration of capital and human capital investments in the US following December's tax reform legislation. When the world's most influential company does this, many others may do the same thing. The markets may be anticipating ...

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Mulvaney asks Fed to withhold additional consumer bureau funding - The Hill

Thu, 01/18/2018 - 10:47am

The Hill

Mulvaney asks Fed to withhold additional consumer bureau funding
The Hill
The acting director of the Consumer Financial Protection Bureau asked the Federal Reserve on Wednesday to withhold additional funding from the agency for the second quarter of fiscal 2018. Acting CFPB Director Mick Mulvaney · John (Mick) Michael ...
Trump's consumer protection bureau has an odd budget request: ZeroCNBC
Mulvaney requests no funding for Consumer Financial Protection BureauPolitico
Win for taxpayers as Consumer Protection Bureau chief seeks $0 for agencyWashington Examiner
The Daily Caller -American Banker -TPM -Online Athens
all 31 news articles »

South Florida makes first cut in Amazon's HQ2 search - Palm Beach Post

Thu, 01/18/2018 - 10:40am

Palm Beach Post

South Florida makes first cut in Amazon's HQ2 search
Palm Beach Post
Amazon narrowed its search to 20 contestants. Aside from Miami, they are: Atlanta, Austin, Boston, Chicago, Columbus, Ohio; Dallas, Denver, Indianapolis, Los Angeles, Montgomery County in Maryland; Nashville, Newark, New York City, Northern Virginia ...

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The Latest: More flights canceled in Atlanta and Charlotte - Charlotte Observer

Thu, 01/18/2018 - 9:50am

Charlotte Observer

The Latest: More flights canceled in Atlanta and Charlotte
Charlotte Observer
Airlines have canceled another 200 flights at Atlanta's airport — the world's busiest — and dozens of other flights at another major U.S. airport in North Carolina as the South continues to recover from a snow and ice storm. The flight tracking ...
More than 200 Atlanta flights canceled ThursdayAtlanta Journal Constitution (blog)
View from the Pier: Where, oh where, has my flight gone?hngnews.com

all 32 news articles »

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