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BUSINESS • Today
Pound's gains erased amid Brexit deal jitters
October 17, 2019
Sterling jumps at first on news of a deal, but falls back after the DUP reiterates its opposition.
Business Headlines

Business World
Saudi Aramco delays planned IPO: FT
October 17, 2019
Saudi Aramco has delayed the planned launch of its initial public offering (IPO), the Financial Times reported on Thursday, citing three people familiar with the matter.
Southwest delays return of its Boeing 737 MAX jets to February
October 17, 2019
Southwest Airlines Co said on Thursday it was postponing the return of Boeing Co's 737 MAX jets to its flight schedule until Feb. 8, the latest delay for the plane involved in two fatal crashes with other carriers over five months.
NTSB to determine probable cause of fatal Uber self-driving crash
October 17, 2019
The U.S. National Transportation Safety Board (NTSB) will hold a Nov. 19 hearing to determine the probable cause of a March 2018 Uber Technologies Inc self-driving vehicle crash that killed a pedestrian in Arizona.
Renault warns sales to fall in 2019 as automakers struggle
October 17, 2019
France's Renault on Thursday cut its revenue guidance for 2019 further and lowered its profitability forecast, citing difficulties in markets such as Turkey and Argentina as carmakers grapple with a broad-based slump in auto sales.
U.S. boutique banks woo French bankers in Paris advisory push: sources
October 17, 2019
Several U.S. boutique investment banks are looking to hire senior staff in Paris in the wake of Britain's departure from the EU and have poached bankers from France's most established advisory firms, including Lazard, sources told Reuters.
In trading revamp, Goldman's message to staff: be like dealmakers
October 17, 2019
Over the past decade or so, Goldman Sachs Group Inc has watched its annual trading profits fall a whopping 84%, as post-financial crisis regulations upended Wall Street. Now, bank executives are hoping they have figured out the key to a turnaround: asking traders to be more like investment bankers.
U.S. homebuilding retreats, manufacturing still struggling
October 17, 2019
U.S. homebuilding tumbled from more than a 12-year high in September, but single-family home construction rose for a fourth straight month, suggesting the housing market remains supported by lower mortgage rates even as the economy is slowing.
Netflix and Amazon face censorship threat in India: source
October 17, 2019
India is deliberating potential censorship on streaming platforms such as Netflix and Amazon Prime Video, a senior government source told Reuters.
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BUSINESS • World
Russia plans to issue its first 'Panda' bonds next year – finance ministry
October 17, 2019
Preview Russia wants to issue sovereign debt denominated in Chinese currency and sell it on the Moscow Stock Exchange starting next year, Russia's Deputy Finance Minister Alexey Moiseev has announced.
Read Full Article at RT.com
Trade war with China no longer helping Trump position himself as 'Mr. America First' – Prof. Wolff tells Boom Bust
October 17, 2019
Preview US and Chinese trade negotiators are working on nailing down a Phase 1 deal for their presidents to sign next month, US Treasury Secretary Steven Mnuchin has said.
Read Full Article at RT.com
China cuts US debt holdings to lowest level in more than two years amid simmering trade war
October 17, 2019
Preview Beijing cut the holdings of US Treasuries by $6.8 billion in August, reaching the lowest level since May 2017, the latest data from the US Treasury Department, released on Wednesday, shows.
Read Full Article at RT.com
Company News
International Business
Working to Benefit Society, Not Just Companies
October 17, 2019
Andrew Kassoy and the other two co-founders of B Lab are encouraging businesses to focus on more than just profits.
Working to Benefit Society, Not Just Companies
October 17, 2019
Andrew Kassoy and the other two co-founders of B Lab are encouraging businesses to focus on more than just profits.
Signs of Discord as U.A.W. Locals Consider G.M. Deal
October 17, 2019
Union leaders are meeting in Detroit to discuss a tentative contract agreement that could end a monthlong strike. The closing of the Lordstown plant remains a sore point for workers.
A Scotch Maker’s Challenge: First Brexit. Now Tariffs.
October 17, 2019
The 25 percent U.S. tariffs to be imposed Friday trigger headaches for single malt distilleries, already struggling with Brexit.
A Scotch Maker’s Challenge: First Brexit. Now Tariffs.
October 17, 2019
The 25 percent U.S. tariffs to be imposed Friday trigger headaches for single malt distilleries, already struggling with Brexit.
Netflix’s Top 10 Original Movies and TV Shows, According to Netflix
October 17, 2019
The streaming giant has been hush-hush about how many people watch its original content. Until now.
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BUSINESS • Analysis
Vaping illness deaths climb to 33 as outbreak spreads; doctors worry flu season could make it worse
October 17, 2019
At least 33 people have died and 1,479 have fallen ill from a vaping-related lung disease that continues to worsen as flu season ramps up, the Centers for Disease Control and Prevention said Thursday.
The most important Netflix series right now may not be in English
October 17, 2019
Netflix Chief Content Officer Ted Sarandos referred to the "phenomenal success" of a single show in overseas markets in Q3 as the streaming giant looks to international as a key to future subscriber growth.
Stocks making the biggest moves midday: Netflix, Morgan Stanley, IBM, Honeywell & more
October 17, 2019
Check out the companies making headlines in midday trading:

Business Trends
Primavera Sound festival switches to mobile-only tickets to combat bots and scalping
October 16, 2019
Image: Rolf Klatt

Popular Barcelona festival Primavera Sound has become the first major music festival to completely ditch paper tickets in favor of mobile-only ticketing, as reported by the BBC. It’s partnered with digital ticketing platform Dice, which will service Primavera Sound and all other Primavera events, like Primavera tours and the club night Nitsa at Sala Apolo, in Barcelona, starting in 2020.

The hope is that using Dice will curtail ticket scalping, as the platform locks every ticket purchase directly to your phone. Dice has also taken a lot of other steps to minimize scalping where possible. Tickets bought on Dice can’t be resold on other sites, but they can be transferred between devices if, say, you bought one for a friend, but the other...

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Hulu is giving customers much more control over its recommendations
October 16, 2019
Image: Hulu

Not long after rolling out a long-awaited feature (offline downloads), Hulu is today announcing a slew of improvements to the experience of actually using Hulu. First up, it’s changing the method by which subscribers give feedback on the service’s recommendations. Hulu is introducing a like and dislike system, letting you give a thumbs-up or thumbs-down to individual movies and TV shows that the algorithm suggests.

Disliking a piece of content will prevent it from being recommended again. This replaces the “stop showing this” option that Hulu already had. Liking something tells Hulu that you want to see similar shows and movies surfaced by the app. The like and dislike system is rolling out today on the web and Amazon Fire TV devices,...

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Meetup wants to charge users $2 just to RSVP for events — and some are furious
October 15, 2019
Image: Meetup

Meetup, an online platform that lets you find events and meet people offline that have similar interests, has announced it is testing out a new payment structure that will charge users to RSVP for an event. The company tells The Verge it began this test last month, and it’s been charging a subset of users $2 simply to say they’re going to an event. The change has naturally upset some in the Meetup community.

Prior to this test, the only people who were charged to use the service were event organizers. Organizers pay between $9.99 and $23.99 a month, depending on location and the subscription model of choice. This allows you to organize up to three groups with unlimited members. In the new payment version Meetup is testing, the...

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BUSINESS • Report
Optical Communication Segment Should Help Corning’s Revenue Cross $12 Billion This Year
October 17, 2019
Trefis highlights the trends in Corning’s Revenues over recent years in an interactive dashboard along with our forecast for fiscal 2019. We expect Corning’s total revenue to increase by 7.5% to $12.1 billion in FY 2019, primarily driven by growth in the Optical Communication Segment.
Eurosport Partners With Twitter For Real-Time Tokyo 2020 Olympic Video
October 17, 2019
Eurosport will offer real-time highlights on Twitter across Europe, increasing exposure and opening up new commercial opportunities.


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BUSINESS • Insight
Reviving innovation in Europe
Innovation is of fundamental importance for Europe’s economic and social system. These five paths could build on its strengths and help the continent regain its competitive edge.
Business Perspective
HBR Presents: The Anxious Achiever with Morra Aarons-Mele
October 17, 2019
On The Anxious Achiever, Morra Aarons-Mele explores the way anxiety, depression, and other mental health issues affect people at work – for better or worse. In this episode, she speaks with clinical psychologist Ellen Hendriksen and Arvind Rajan, the CEO of Cricket Health, about the tension between work and social anxiety. "The Anxious Achiever with Morra Aarons-Mele" is part of HBR Presents, a new network of business podcasts curated by HBR editors. For our full lineup of shows, search “HBR” on your favorite podcast app or visit hbr.org/podcasts.
Consumer Insights
The importance of localizing your global e-commerce strategy
October 16, 2019
One in every four US dollars spent on Technical Consumer Goods (TCG) today are for transactions made online, but it’s not a consistent global story of expansion. Therefore it’s time to rethink if your global e-commerce strategy on a local level. The growth of online shopping has slowed in some markets and where spend happens…
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BUSINESS • Outlook
Tentative Contract With Striking GM Workers Gives Pay Hikes While Factory Closings Move Forward
October 17, 2019
Factory level union officials will meet to decide if they'll approve the deal
Business Insight
Seven Key Steps for the Evolving CIO
October 17, 2019
Many CIOs have been invited into the C-suite to help transform their organizations and win competitive battles about all things digital. Unfortunately, many CIOs are unprepared for the unique challenges of the role, and survey data shows that they are often too deeply in the technology trenches to manage other priorities and aspirations. As “digital” […]
Winning With AI: An Interactive Discussion
October 16, 2019
On Oct. 15, 2019, MIT Sloan Management Review and Boston Consulting Group published their most recent collaborative research report examining the corporate adoption of and impact from artificial intelligence. We invite you to join us on Twitter for an engaging discussion of some of the themes we address in the report. Please join report writer […]
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