Amazon Reportedly Changed Its Algorithm to Favor Most Profitable Products, Including Its Own
Despite internal opposition, Amazon has changed its search algorithms to prioritize listings that translate into bigger profits for the company—including its own…
Sep 16, 2019 21:49 UTC Business Read More
Nationwide White Claw Shortage May Not End Until Next Year
America is running out of White Claw hard seltzer, and the shortage might not end until next year. White Claw sales have skyrocketed over the past year,…
Sep 16, 2019 21:38 UTC Business Read More
AP investigation finds spiked CBD being sold in Maryland
TOWSON, Md. (AP) — An Associated Press investigation shows a dark side to booming sales of the cannabis extract CBD. Some people are substituting cheap…
Sep 16, 2019 15:40 UTC Business Read More
PG&E’s Settlement Is a ‘Game Changer,’ Citigroup Says
Citigroup has upgraded PG&E stock, calling the preliminary $11 billion deal between the California utility and its insurance claim holders a “game changer.”
Sep 16, 2019 15:05 UTC Business Read More
Saudi Aramco is reportedly weighing a delay to its record-setting IPO after drone attacks
Saudi officials are weighing a delay of Saudi Aramco's IPO after drone attacks cut Saudi oil production, the Wall Street Journal reported. The officials a...
Sep 16, 2019 14:43 UTC Business Read More
Saudi Officials Consider Delaying Aramco IPO After Attacks
Saudi Arabian officials are discussing delaying Aramco's initial public offering, after attacks on the company's largest oil facilities sidelined more than half of the…
Sep 16, 2019 13:34 UTC Business Read More
Designs revealed for incredible new space hotel
California company The Gateway Foundation has released plans for the Von Braun Station, a cruise ship-style hotel floating among the stars.
Sep 16, 2019 12:03 UTC Business Read More
Out-of-whack Credit Suisse security puzzles volatility traders
A small, unexplained aberration in a highly specialized corner of the vast U.S. equity and derivatives market is causing a buzz among traders already on edge…
Sep 16, 2019 11:15 UTC Business Read More
China's economy strains under disappointing data
China's economy showed more signs of strain Monday as the country published weak data for industrial output, investment and retail sales, amid a lingering…
Sep 16, 2019 08:52 UTC Business Read More
Apple Takes on EU’s Vestager in Record $14 Billion Tax Fight
(Bloomberg) -- Apple Inc. fights the world's biggest tax case in a quiet courtroom this week, trying to rein in the European Union's powerful antitrust chief ahead of…
Sep 16, 2019 04:00 UTC Business Read More
New blockade affects Newmont Goldcorp's Peñasquito mine
Just three months after the latest, 80-day blockade that affected Newmont-Goldcorp's (NYSE: NEM) (TSX: NGT) Peñasquito gold mine in Mexico, employees of…
Sep 16, 2019 01:52 UTC Business Read More
Dream Global REIT to be bought by Blackstone funds in $4.7 billion deal
Dream Global Real Estate Investment Trust said funds managed by Blackstone Group Inc would buy the Canadian firm in a C$6.2 billion ($4.69 billion) deal.
Sep 16, 2019 01:08 UTC Business Read More
It's 'very difficult' for China's economy to maintain 6% growth, says Premier Li Keqiang
Chinese Premier Li Keqiang said it would be "very difficult" for China's economy to grow at a rate of 6% or more because of the high base from which it was…
Sep 16, 2019 00:25 UTC Business Read More
Two-time cancer survivor wins $4.6 million lottery jackpot
Stu MacDonald buys a lottery ticket each week. The Bend, Oregon, resident struck it big Sept. 7, when he won a winning lottery ticket worth $4.6 million.
Sep 15, 2019 23:38 UTC Business Read More
Colman Dock's new ferry terminal opens in time for Monday commute
SEATTLE -- It may be the first day that it's open, but commuters are already taking advantage of the new terminal at Colman Dock. Many of today's commuters…
Sep 15, 2019 23:21 UTC Business Read More
3 out of 9 companies in one state have filed for bankruptcy since Trump promised to 'bring back coal'
President Donald Trump's promises to coal miners have fallen along with his other broken campaign promises. Another state is facing the harsh reality that…
Sep 15, 2019 22:56 UTC Business Read More
U.S. shale seen unlikely to quickly replace barrels lost in attack on Saudi facilities
U.S. shale producers have added millions of barrels to global crude supply in recent years, but that does not mean they can quickly replace barrels lost from…
Sep 15, 2019 21:58 UTC Business Read More
XAR: Still The Best Aerospace & Defense ETF
Back in February, I suggested the SPDR S&P Aerospace & Defense ETF (XAR) for SA readers' due diligence. Nothing has changed in the ensuing seven…
Sep 15, 2019 21:48 UTC Business Read More
SFO construction: How airport performed and what you need to know now
As a three-week reconstruction of a key section of a runway at San Francisco International Airport continues, here's how the airport is performing in terms of…
Sep 15, 2019 21:44 UTC Business Read More
MTA launches express service on F train, New York City’s slowest subway line
The MTA will bring back limited rush-hour express *service* to the F train in Brooklyn on Monday, a move agency officials hope will offer some relief to riders on…
Sep 15, 2019 21:33 UTC Business Read More
Ron Paul: US interest rates are going negative, and the Fed can't stop it
Former presidential candidate Ron Paul is warning negative interest rates will crush the global economy.
Sep 15, 2019 21:01 UTC Business Read More
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