EconomyWeb | Global Economic Outlook
Baidu's voice-controlled smart speaker and other news
November 17, 2017
BBC Click's Nick Kwek looks at some of the best of the week's technology news stories.
Business Headlines
Business World
Wall Street slips on doubts about tax plan's progress
November 17, 2017
(Reuters) - Wall Street's main indexes were on track to post small weekly losses on Friday as investors were skeptical about the Republicans' efforts to pass the tax bill.
Fox shares rise on signs of more takeover interest
November 17, 2017
(Reuters) - Twenty-First Century Fox Inc shares were up 3 percent in trading on Friday after sources said both Comcast Corp and Verizon Communications Inc were interested in buying parts of its studio and TV operations.
Tesla's unfettered ambition to drain finances: analysts
November 17, 2017
(Reuters) - Tesla Inc will face further questions about how fast it is burning through its cash pile and how soon it will have to ask creditors and shareholders for more after it unveiled its latest electric vehicles.
Reuters poll: Major U.S. tax cuts not likely this year - economists
November 17, 2017
BENGALURU (Reuters) - U.S. Republicans are not expected to push major tax cuts through Congress this year, according to a majority of economists in a Reuters poll, who in any case were skeptical that the legislation would provide a significant boost to the economy.
Apple pushes launch of HomePod smart speaker to early 2018
November 17, 2017
(Reuters) - Apple Inc has pushed the launch of its HomePod smart speaker to early next year from December, the company said on Friday.
Wireless carriers on mute as Supreme Court hears big privacy case
November 17, 2017
WASHINGTON (Reuters) - The U.S. Supreme Court is set to consider a major cellphone privacy case later this month, but leading players in the wireless industry that is at the center of the closely watched dispute are keeping their distance.
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Comcast Approached 21st Century Fox About an Acquisition
November 17, 2017
New suitors are circling 21st Century Fox, affirming that the media empire built by Rupert Murdoch is now in play. Comcast has approached the media company to express interest in buying a substantial piece of it. Verizon and Sony are also kicking the tires.
Google Has Picked an Answer for You---Too Bad It's Often Wrong
November 17, 2017
Going beyond search, the internet giant is presenting itself as an oracle by promoting a single result over all others as a definitive answer. Many of these “featured snippets” are contentious, improbable or laughably incorrect.
Company News
Business Highlights
Indian stocks surge on Moody's first upgrade in 14 years
November 17, 2017
Preview International rating agency Moody’s has improved India's sovereign rating for the first time since 2004, citing state reforms to further enhance the economy's capacity to absorb shocks.
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International Business
DealBook Briefing: Will Comcast (or Disney, or Sony) Strike a Fox Deal?
November 17, 2017
The Murdochs are in talks with a variety of suitors interested in pieces of their empire. But will they sell, and would regulators let them?
Tesla Unveils an Electric Rival to Semi Trucks
November 17, 2017
Aiming to remake a multibillion-dollar industry, the automaker said it would have a semi for sale in two years that would be nearly self-driving.
Myths of the 1 Percent: What’s Putting People at the Top
November 17, 2017
Dispelling misconceptions about what’s driving income inequality in the U.S.
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BUSINESS • Analysis
Bill George: GE's Flannery lacks the 'vision, strategy and passion' to rebuild the company
November 17, 2017
Jury still out on GE's Flannery, but he's given no indication he can return GE to greatness, says Bill George.
Laser weapons developers 'riding the wave' created by Tesla, other battery innovators
November 17, 2017
Due to battery innovation from Tesla and others, laser weapons are getting smaller and more efficient, say experts.

Business Brief
Digital ‘totalitarian marketing’ threatens privacy and security, former advertising executive says
November 16, 2017
Former U.S. advertising executive has used the freedom of retirement to deliver scathing indictments of industry’s worst practices
Seven Generations shares slide after it boosts 2018 capital spending
November 16, 2017
Shares plunged as much as 10 per cent after announcing five-per-cent increase to budget
TransCanada’s Keystone pipeline shut after 5,000-barrel leak in U.S.
November 16, 2017
Incident comes four days before Nebraska is due to decide on expansion of system
Siemens to cut about 6,900 jobs in wide-ranging revamp
November 16, 2017
The company said the revamp is inevitable amid global manufacturing overcapacity for power and gas turbines
Norway’s sovereign wealth fund aims to divest billions in oil, gas stocks
November 16, 2017
Norway, which relies on oil and gas for about a fifth of economic output, would be less vulnerable to declining crude prices without its fund investing in the industry, the central bank said Thursday.
Business Trends
Twitter says it will judge verified users’ offline behavior
November 16, 2017

Twitter’s announcement yesterday that it would begin removing verification badges from some accounts had an immediate impact, as the company stripped the blue checkmark from a handful of accounts associated with the far right. But the announcement, which arrived via five tweets and an update to a Twitter support page, left much unanswered. The most common question was why Twitter would remove a user’s badge instead of simply suspending or banning the account. And the answer, the company says, has to do with offline behavior.

The gist is this: if a user breaks Twitter’s rules on Twitter — that is to say, by tweeting — that user will still be disciplined in all the usual ways, a spokesperson said. What’s new is that Twitter now plans to do...

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25 Things To Know About The New No. 1 On The Forbes China Rich List
November 17, 2017
Hui Ka Yan's wealth on new list tops $42 billion
Business Review

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BUSINESS • Insight
Improving infrastructure outcomes through better capital allocation
November 14, 2017
In an age of fiscal uncertainty, US cities and states must optimize capital allocation to improve infrastructure planning.
Business Perspective
21st-Century Talent Spotting
November 6, 2017
Jobs are changing rapidly, and the question now is not whether people have the right skills; it's whether they have the potential to learn new ones.
Consumer Insights
Improving country reputation: Better to be great in many areas, or the best in one?
November 16, 2017
This blog was cowritten by Vadim Volos and Kristin Pondel of Social and Strategic Research at GfK. How the global public views a country strongly influences the success of its business, investment, and tourism efforts – as well as its diplomatic and cultural relations with other nations – and inattention to public perception risks diminished international…
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BUSINESS • Outlook
UFC Fight Night 121 Werdum Vs. Tybura: Odds, Predictions And DraftKings Advice For Saturday's Card
November 17, 2017
UFC Fight Night 121 DraftKings advice, odds, and predictions to help you prepare for Saturday's action in Sydney, Australia.
Business Insight
Learning to Love (or Live with) the Sharing Economy
October 5, 2017
Thursday, October 05, 2017
Traditional patterns of ownership and consumer behavior have seemingly been turned upside down by startups, leaving incumbents to ponder a fundamental threat to their businesses.
Three Ways to Beat the Odds with Capex Investments
September 7, 2017
Thursday, September 07, 2017
Ready to spend big on a new plant? Think again. For the greatest return on capex investments, top value creators apply these three principles.
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