Business

2018 January. Page #1. Latest story: Income Inequality Debates Churn as Rich Get Richer: QuickTake

Income Inequality Debates Churn as Rich Get Richer: QuickTake

The Washington Post | Friday January 19, 2018

Apollo’s ADT IPO Seems Quick, But Don’t Call It an Exit: Gadfly

The Washington Post | Friday January 19, 2018

Wall St. ends higher even as government shutdown looms

Reuters | Friday January 19, 2018

(Reuters) - Wall Street rose on Friday, led by gains in consumer stocks, even as a possible government shutdown loomed.

Fed's Quarles details steps to ease rules from Volcker to stress tests

Reuters | Friday January 19, 2018

WASHINGTON (Reuters) - A top bank regulator at the U.S. Federal Reserve is planning several imminent changes that Wall Street has wanted involving capital rules, proprietary trading and a process known as "living wills" that aims to prevent taxpayer bailouts.

Remembering That Moment We All Became a 'Brand'

The New York Times | Friday January 19, 2018

How the internet, the self-help industry and the changing nature of celebrity gave rise to the era of “Me, Inc.” in the 1990s.

Delaware sues opioid manufacturers, distributors over epidemic

Reuters | Friday January 19, 2018

(Reuters) - Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies involved in making, distributing and selling prescription painkillers.

FTC set to make second request on Broadcom's bid for Qualcomm: sources

Reuters | Friday January 19, 2018

(Reuters) - The U.S. Federal Trade Commission is set to make a second request for information on chipmaker Broadcom Ltd's $103 billion hostile bid for Qualcomm Inc , people familiar with the matter said on Friday, indicating heightened antitrust scrutiny.

Marriott and other firms bow to China to protect business interests

The Washington Post | Friday January 19, 2018

Further extending its political reach on the web and through social media, the Chinese government has demanded public apologies from companies over survey questions, a slideshow and a tweet.

Welcome to the Neighborhood: America's Sports Stadiums Are Moving Downtown

The New York Times | Friday January 19, 2018

New sports arenas are altering the financial formula for building these behemoths by surrounding themselves with apartments, bars and office towers — not parking lots.

Why Private Equity Isn't Cheering the Tax Overhaul

The New York Times | Friday January 19, 2018

The tax overhaul could force private equity firms to change the way they do deals for the first time since the industry got revved up in the 1980s.

As Big Firms Exit Broker Pact, Investors Are Uneasy

The New York Times | Friday January 19, 2018

An alliance over broker recruitment rules is falling apart as wealth management firms threaten legal action to stop departing advisers from taking clients with them.

Fed's Quarles says regulators have begun work to 'streamline' Volcker Rule

Reuters | Friday January 19, 2018

WASHINGTON (Reuters) - U.S. financial regulators have begun work on a proposal to "streamline" the Volcker Rule banning banks from making risky bets with their own money, the country's top banking regulator said on Friday, in a development that will be cheered by banks that have long complained the rule is too onerous.

Your Questions Answered on Government Shutdown: QuickTake Q&A

The Washington Post | Friday January 19, 2018

Union membership remained steady in 2017. The trend may not hold.

The Washington Post | Friday January 19, 2018

Why each new Dow record is a bit of a snoozefest

The Washington Post | Friday January 19, 2018

It doesn’t take much these days to push it to a new high.

Nike at two-year high as analysts tout margin benefits of direct sales

Reuters | Friday January 19, 2018

(Reuters) - Nike Inc's shares surged to a two-year high on Friday after two Wall Street brokerages said the footwear maker's profitability would soon reap the benefits of its recent move to sell directly to consumers.

Most States Don't Require Specific Financial Literacy Classes

The New York Times | Friday January 19, 2018

A new report gave only Alabama, Missouri, Tennessee, Utah and Virginia an A for their efforts. There's a debate on how best to teach the subject.

Are Felons Fit to Be Lawyers? Increasingly, the Answer Is Yes

The New York Times | Friday January 19, 2018

State licensing boards appear to be more willing than in the past to find that felons have been rehabilitated and should be eligible to practice law.

U.S. regulators have begun work to 'streamline' Volcker Rule: Fed official

Reuters | Friday January 19, 2018

WASHINGTON (Reuters) - U.S. financial regulators have begun work to "streamline" the Volcker Rule banning banks from making risky bets with their own money, the country's top banking regulator said on Friday.

General Electric shares drop for fifth straight session

Reuters | Friday January 19, 2018

NEW YORK (Reuters) - General Electric shares tumbled for a fifth straight session on Friday, flirting with their biggest weekly percentage drop since the financial crisis, after the company flagged a possible breakup and more than $11 billion in charges earlier in the week.