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Primark sharpens ethical focus in bid for German customers

Reuters Business News - Thu, 10/18/2018 - 12:53
Primark, the fashion chain owned by Associated British Foods , has emphasized its commitment to environmental standards and safer working conditions as it fights for market share in discount-loving Germany and other countries.

Bank of America downgrades homebuilder stocks as Wall Street grows increasingly bearish on housing

CNBC Business - Thu, 10/18/2018 - 12:53
Bank of America Merrill Lynch downgrades homebuilder stocks Toll Brothers, PulteGroup and NVR and lowers its homebuilding estimates for 2018 and 2019.

Workers would pay to have a boss with these 10 traits, new research finds

CNBC Business - Thu, 10/18/2018 - 12:45
These traits are 'must-haves' for successful leaders.  

Billionaire investor Leon Cooperman: I made my fortune thanks to luck and common sense

CNBC Business - Thu, 10/18/2018 - 12:45
The self-made billionaire was born to working-class Polish immigrants and grew up in a modest one-bedroom apartment.

Saying this to Elon Musk could get you fired from SpaceX

CNBC Business - Thu, 10/18/2018 - 12:45
It's the "absolute worst" thing a SpaceX employee can do.

Greenspan to the Fed: 'Put earmuffs on,' Trump's criticism is nothing new for US presidents

CNBC Business - Thu, 10/18/2018 - 12:23
"You'll find every president has an insight into how the markets work," says the former Fed chairman whose tenure spanned four administrations.

Trump warns Mexico on migrant caravan and threatens to close border

CNBC Business - Thu, 10/18/2018 - 12:22
President Donald Trump said he would to deploy the U.S. military and close the southern border if Mexico did not move to halt large groups of migrants headed for the United States from Guatemala, Honduras, and El Salvador. 

Heavier rains and catastrophic floods force cities to drain lakes, ponds with the help of cloud tech

CNBC Business - Thu, 10/18/2018 - 12:20
Intense storms are becoming much more frequent, damaging local infrastructures and budgets. New companies are turning to technology to find ways to mitigate the impact of costly flooding nationwide.

Loews chairman: The Kavanaugh debacle and our national debt are part of the same problem

CNBC Business - Thu, 10/18/2018 - 12:15
Short-term thinking has poisoned the political environment, making it impossible for lawmakers to manage today's problems, from Supreme Court confirmations to the national debt. 

Price increases underpin sales growth at Nestle, Unilever

Reuters Business News - Thu, 10/18/2018 - 12:03
Nestle and Unilever , two of the world's biggest consumer goods makers, both reported a pick-up in quarterly sales on Thursday after getting higher prices for their products.

Stocks making the biggest move premarket: TRV, BX, BK, DHR, TXT, PM & more

CNBC Business - Thu, 10/18/2018 - 11:54
Names on the move ahead of the open.

Blackstone third-quarter profit beats estimates amid market rise

Reuters Business News - Thu, 10/18/2018 - 11:50
Blackstone Group LP , the world's largest manager of alternative assets, modestly exceeded analyst expectations with an 11 percent jump in third-quarter earnings on Thursday, as climbing equity markets buoyed its holdings.

JP Morgan downgrades Gap, saying it's not ready for the holidays and faces higher costs from tariffs

CNBC Business - Thu, 10/18/2018 - 11:50
J.P. Morgan downgraded Gap shares to underweight Thursday, predicting the clothier could face profit pressure throughout the holiday season as it struggles with operational issues and skewed inventory.

Ericsson has dismissed 50 employees following U.S. corruption probe

Reuters Business News - Thu, 10/18/2018 - 11:48
Mobile telecom gear maker Ericsson said on Thursday that it has dismissed 50 people over a U.S. corruption probe it warned could lead to a financial penalty.

Ex-Fed chief Greenspan: This is the tightest labor market I've ever seen

CNBC Business - Thu, 10/18/2018 - 11:45
Greenspan suggests the nearly 50-year low unemployment rate coupled with American corporations clamoring for workers will force up wages and inflation.

Futures slip after Fed minutes signal more rate hikes

Reuters Business News - Thu, 10/18/2018 - 11:40
U.S. stock futures fell on Thursday after the Federal Reserve's minutes showed policy makers broadly agreed on the need to raise interest rates further, fanning concerns that triggered a brutal selloff last week.

Dollar steadies as Fed minutes weigh on stocks, yuan

Reuters Business News - Thu, 10/18/2018 - 11:39
The dollar held near a one-week high on Thursday and stocks were mixed after minutes showing the Federal Reserve may favor more rate hikes next year.

Oppenheimer upgrades Nike, saying the sneaker giant is becoming a technology play

CNBC Business - Thu, 10/18/2018 - 11:35
Oppenheimer raises its rating of Nike shares to outperform from perform, saying the sportswear company is enhancing a globally dominant brand by investing in all things digital.

This is how parents are paying for their kid's college

CNBC Business - Thu, 10/18/2018 - 11:30
In order to send a child to college, most families rely on a combination of savings, scholarships, grants and loans. 

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