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BUSINESS • Today
WPP cuts growth forecast as second quarter sales slow
August 23, 2017
The advertising giant's chief executive Sir Martin Sorrell says business has been "much tougher".
Business Headlines
Business World
Asia stocks brush off Wall Street slide after Trump's comments, dollar sulks
August 24, 2017
SINGAPORE (Reuters) - Asian stocks edged up on Thursday, shaking off the risk aversion that gripped financial markets overnight after U.S. President Donald Trump's threat to shut down the government, though the dollar remained sluggish.
Mexico, Canada dismiss Trump threats to scrap NAFTA trade pact
August 23, 2017
MEXICO CITY/OTTAWA (Reuters) - Mexico and Canada on Wednesday dismissed U.S. President Donald Trump's latest threat to scrap NAFTA, describing it as a negotiating tactic aimed at winning the upper hand in talks to update one of the world's biggest trading blocs.
U.S. new home sales hit seven-month low as prices soar
August 23, 2017
WASHINGTON (Reuters) - New U.S. single-family home sales unexpectedly fell in July, dropping to their lowest in seven months amid a surge in prices, raising concerns of a slowdown in the housing market recovery.
Amazon deal for Whole Foods wins regulatory, shareholder approvals
August 23, 2017
WASHINGTON/SAN FRANCISCO (Reuters) - Amazon.com Inc and Whole Foods Market Inc on Wednesday cleared two major hurdles needed to close Amazon's $13.7 billion acquisition of the natural grocery chain, with approvals from a U.S. competition regulator and Whole Foods shareholders.
Uber second-quarter bookings increase, loss narrows
August 23, 2017
SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] on Wednesday reported a 16 percent increase in quarterly bookings and a smaller loss than the previous period as the ride-services company showed signs of inching toward profitability.
Ahead of Lee verdict, Samsung Group lacks leadership 'Plan B'
August 23, 2017
SEOUL (Reuters) - Samsung Group, South Korea's leading conglomerate, has no 'Plan B' for taking big decisions if its billionaire de facto leader Jay Y. Lee is jailed for corruption, people familiar with the matter said.
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BUSINESS • Report
Big Economies Are Growing in Sync for First Time in Years
August 23, 2017
For the first time in a decade, the world’s major economies are growing in sync, a result of lingering low-interest-rate stimulus from central banks and the gradual fading of crises that over years ricocheted from the U.S. to Greece, Brazil and beyond.
Cargill Invests in Startup That Grows 'Clean Meat' From Cells
August 23, 2017
Cargill, one of the world’s largest producers of beef and poultry, has taken a stake in a startup developing technology to grow meat from self-reproducing animal cells.
Company News
Business Highlights
Vanilla crime wave hits Madagascar after cyclone spikes prices
August 23, 2017
Preview The price of vanilla, Madagascar's largest export, has risen in recent months after storm damage and growing demand for the natural extract squeezed the market.
Read Full Article at RT.com
International Business
US Stock Indexes Sag as a Two-Day Rally Peters Out
August 23, 2017
Stocks pulled back on Wednesday and gave back some of their gains from a day earlier, when the Standard & Poor's 500 index had one of its best days of the year.
Mastermind or Naïf? Samsung Heir’s Fate Hinges on the Question
August 23, 2017
Jay Y. Lee, heir to the Samsung empire, faces a verdict in a bribery trial that has riveted South Korea and put a focus on his management style.
Student Loan Company Accused of Mismanaging Debt Forgiveness Program
August 23, 2017
The Massachusetts attorney general said the company had made errors that have potentially left students in debt far longer than they expected.
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BUSINESS • Analysis
Guess shares soar after earnings beat
August 23, 2017
CEO Victor Herrero said the company saw strong revenue growth in both Europe and Asia, where the company has been opening new stores.
Amazon and Wal-Mart might be fighting over Nordstrom next, Foursquare says
August 23, 2017
This suggested buy list, built on Foursquare data, includes retailers like Nordstrom, Warby Parker, Ulta and Lowe's.

Business Brief
BHP Billiton to replace two directors in board shake-up
August 23, 2017
Controversial director Grant King to step down six months after joining the company
BHP Billiton to replace two directors in board shake-up
August 23, 2017
Controversial director Grant King to step down six months after joining the company
Lowe’s misses earnings estimates, cuts profit margin forecast
August 23, 2017
Lowe’s results contrast with those of larger rival Home Depot Inc, which reported better-than-expected earnings last week, driven by higher consumer spending on home improvement
Oil prices fall on oversupply concern as Libyan output seesaws
August 23, 2017
Production from Libya’s Sharara oilfield, the conflict-riven country’s largest, has been seesawing
Oil prices fall on oversupply concern as Libyan output seesaws
August 23, 2017
Production from Libya’s Sharara oilfield, the conflict-riven country’s largest, has been seesawing
Business Trends
You can now purchase Nintendo Switch games with PayPal
August 22, 2017

PayPal today announced a new integration with Nintendo’s eShop so players can purchase digital versions of Switch games using a PayPal account. You can also now use PayPal as a payment option on Nintendo’s web store, so you can load up your digital wallet or purchase software direct from the site using your PayPal balance. The company says the feature is now live in a number of regions including the US, Japan, Canada, and more than two dozen countries in Europe. A full list can be found here.

The integration isn’t super groundbreaking stuff, considering PayPal is pretty ubiquitous these days. But it’s a nice addition for those who prefer the security and ease of PayPal over credit or debit. The Switch, given its portability, sounds like...

Continue reading…

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BUSINESS • Opinion
Measuring the Internet for Freedom
August 22, 2017
Internet censorship enables governments to manipulate public discourse and erode citizens’ rights. But a five-year-old software program called ooniprobe allows users to fight back, by finding our when, where, and how censorship is occurring.
Business Comment

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BUSINESS • Insight
A new map for strategic growth in banking
August 23, 2017
Portfolio strategists need to look beyond economic development when eyeing new investment.
Business Perspective
Research Shows Good Management Is Incredibly Hard to Copy
August 21, 2017
Don't underestimate the importance of basic competence.
Consumer Insights
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BUSINESS • Outlook
Amazon's Jeff Bezos Drone Prediction Was Far Too Optimistic
August 23, 2017
Almost four years ago, the CEO of Amazon went on 60 Minutes and unveiled his vision of having drones deliver packages right to customers’ door steps. So what is real? Today the first ongoing drone delivery service in an urban area was announced. But these are not doorstep deliveries.
Business Insight
What Digital Champions Do Differently
August 28, 2017
Article
Monday, August 28, 2017
Data in this infographic comes from “Beyond the Hype: The Real Champions of Building the Digital Future,” BCG article, July 2017.
Bringing Your Digital B2B Sales Up to Speed
August 24, 2017
Article
Wednesday, August 23, 2017
Digital B2B sales champions excel in seven specific areas, offering a useful guide for other companies looking to redesign their own B2B sales initiatives.
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