United States Business & Economics
Longtime Farmers Market closing its doors
Downfall of bitcoin: Potential government intervention?
Latvia starts criminal probe of its central bank chief
Latvia's banking sector rocked by U.S. probe, central bank chief's detention
Latvia in turmoil amid U.S. probe, central bank chief's detention
The Startup Collaborative in Omaha helps entrepreneurs succeed
Japan exports grow, manufacturers mood sours as yen rise clouds outlook
Longtime Farmers Market closing its doors
2018-02-20 02:45:17 .... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... ALBUQUERQUE, N.M. — Another longtime Albuquerque business fixture is about to close its doors. Farmers Market, which traces its roots through three generations and was once one of the largest purveyors of produce in New Mexico, will shut up shop for good, citing the loss of its primary supply sources in drought-plagued California and pressure from large supermarket buying power   Read More ...
Japan urges U.S. to make careful steel trade ruling
2018-02-20 01:01:54 Share This Story! Let friends in your social network know what you are reading about. Facebook Japan urges U.S. to make careful steel trade ruling Japan's steel industry has criticised President Trump’s plan to impose curbs on steel imports, saying it violates the principles of free trade. As Ciara Lee reports, it’s calling for Washington to make a careful and appropriate decision   Read More ...
Latvian PM says central bank chief should resign
2018-02-20 01:01:48 Share This Story! Let friends in your social network know what you are reading about. Facebook Latvian PM says central bank chief should resign The head of Latvia’s central bank should resign following his detention by the anti-corruption agency, Prime Minister Maris Kucinskis said on Monday. As Ciara Lee reports, it comes after Latvia’s Corruption Prevention and Combating Bureau detained Governor Ilmars Rimsevics on Saturday after searching his house and office   Read More ...
Authorities crackdown on credit card skimming
2018-02-20 01:01:11 Authorities crackdown on credit card skimming WEBVTT CHIP: FEELING OF THE CAR WITH>> I HAVE NEVER THOUGHT ABOUT ITCHIP: THE U.S. SECRET SERVICE ISTHOSE DEVICES CAN ACCESS YOURAUTHORITIES SAY SKIMMING IS>> IT’S NEVER HAPPENED TO MEI’VE DEFINITELY HEARD ABOUTIT’S NOT REALLY SOMETHING ICHIP: AND CREDIT CARD SKIMMING>> I’LL STILL USE MY CARDS.I HAVE NO CASH.WE’RE SUCH A CASHLESS SOCIETYAND THEN WITH FEARS OF CARRYINGCHIP: THE SECRET SERVICE ISCREDIT CARD FRAUD IS OFTEN A>> JUST MONITOR YOUR CREDIT CARDCHIP: IN BIRMINGHAM, CHIP   Read More ...
As Amazon competition heats up, D.C. mayor heads west to talk tech
2018-02-19 22:46:30 SAN FRANCISCO — Stretched for talent, big tech firms are looking outside of Silicon Valley to expand, and increasingly one of the beneficiaries has been the D.C. area. The region has long been home to information technology contractors specializing in federal government work. But more recently, the District has become an outpost for name-brand new economy giants. It has the third-largest office of Uber and the second-largest presence of WeWork, the co-working office start-up   Read More ...
Bill Gates: 'I need to be paying higher taxes' - | WBTV Charlotte
2018-02-19 21:48:50 (CNN) - Bill Gates believes the government needs more resources to address public issues such as poverty, health care and education and that he and other members of the ultra rich need to be taxed more to fund such action. Gates is the founder of Microsoft and, according to the Bloomberg Billionaires Index, the second-richest man in the world, with a fortune of more than $90 billion   Read More ...
The Latest: Latvian central bank chief is released on bail
2018-02-19 20:12:11 LONDON (AP) — The Latest on the bribery investigation on the Latvian central bank chief (all times local): Latvian state TV reports that the country's central bank chief has been released from detention on bail pending an investigation into suspected bribery. The channel showed Ilmars Rimsevics speaking to reporters Monday evening and saying that he "rejects everything" that has been alleged about him   Read More ...
BlackRock upgrades outlook for U.S. stocks on earnings momentum
2018-02-19 20:09:44 (Reuters) - The world’s biggest asset manager BlackRock Inc () upgraded its view on U.S. stocks, citing very strong earnings momentum, while cutting European stocks to neutral. In a note on Monday, BlackRock’s global chief investment strategist Richard Turnill pointed to tax cuts in the United States and government spending plans as driving earnings growth and said the ratio of earnings upgrades to downgrades for U   Read More ...
OOPS: Bill Gates makes a ‘remarkable admission’ when expressing guilt about taxes
2018-02-19 20:04:44 Billionaire Bill Gates wishes the government would turn the tax screws on him a lot more than they currently do: THIS again? There’s no limit to how much one can pay. If he wants to pay more, just send a check. Billionaire Bill Gates is also free to write the Treasury as big a check as he wants   Read More ...
I Tried to Build My Business By Doing Favors, But It Got Me Nowhere
2018-02-19 20:03:53 Share Add to Growth Strategies Favors I Tried to Build My Business By Doing Favors, But It Got Me Nowhere If you want people to do something for you in return, you have to make them "pay" for the favor.   Read More ...
How to Live Within Your Means Without Feeling Cheap
2018-02-19 20:03:50 Share Add to Finance Personal Finance How to Live Within Your Means Without Feeling Cheap Just because you get a raise, it doesn't mean you should raise your spending.   Read More ...
How Much Caution is Necessary in Business? 3 Lessons From the Crypto Craze.
2018-02-19 20:03:44 Share Add to Finance Cryptocurrency How Much Caution is Necessary in Business? 3 Lessons From the Crypto Craze. People are investing their hard-earned cash in Bitcoin, Ethereum and Other Cryptocurrencies. Should they?   Read More ...
More Than Just Bitcoin: Blockchain Has Value Across Multiple Industries
2018-02-19 20:03:34 Share Add to Technology Blockchain More Than Just Bitcoin: Blockchain Has Value Across Multiple Industries Beyond cryptocurrency, the new ledger technology offers huge benefits for health care, crowdfunding and the cloud.   Read More ...
If You Want to Win Over Customers, Appeal to Their Emotions
2018-02-19 20:03:26 Share Add to Marketing Customer Engagement If You Want to Win Over Customers, Appeal to Their Emotions Shopping data often looks at website visitors through hard numbers, but humans are more driven by irrationality.   Read More ...
Stop Focusing on 'Right' and Start Building Your 'Right Now'
2018-02-19 20:03:16 Share Add to Starting a Business Project Grow Stop Focusing on 'Right' and Start Building Your 'Right Now' Here are the ways to know when you should throw 'best practices' out the window and Just. Get. Started.   Read More ...
If you get too sick to work, don’t count on your disability payments for help
2018-02-19 19:39:23 People too ill to work are now waiting more than two years for the federal government to cut their first disability check. Disability checks are meager – averaging about $1,060 a month – but are often the primary source of income for people with mental illness, cancer and other chronic conditions that can reduce once-productive, energetic employees to poverty and dependency   Read More ...
Feathers fly as chicken shortage shuts KFCs in UK
2018-02-19 19:37:43 London – Fast-food fans were in a flutter Monday after most of the 900 KFC outlets in the U.K. and Ireland were forced to close because of a shortage of chicken. The company apologized to customers, blaming “teething problems” with its new delivery partner, DHL. KFC first apologized for the problems on Saturday. In an update Monday, it listed almost 300 stores as open, but did not say when the rest might join them   Read More ...
Riot Blockchain shares plummet; CEO fires back at CNBC
2018-02-19 19:18:28 O'Rourke fired back at CNBC after the report aired, calling it "a negative one-sided piece" that "failed to tell the full story and latched on to innuendo and 'empty chair' reporting."   Read More ...
Venture Bank will be acquired by Choice Financial of North Dakota
2018-02-19 19:03:41 Golden Valley-based Venture Bank, the largest independent small business lender in the Twin Cities, on Monday closed on a deal to be acquired by to Choice Financial of Fargo. Choice Financial sought a Twin Cities-market entry and to diversify its agricultural-and-energy loan portfolio. The price was not disclosed. However, Venture Bank, a fast-growing, 17-year-old lender of $730 million in assets, has equity of about $70 million   Read More ...
EMERGING MARKETS-Brazil stocks up on corporate newsflow; trading volumes thin
2018-02-19 18:44:09 By Bruno Federowski SAO PAULO, Feb 19 (Reuters) - Brazilian stocks rose on Monday on thin trading volumes following a heavy batch of corporate updates. The benchmark Bovespa stock index rose 0.3 percent, supported by shares of state-controlled oil company Petróleo Brasileiro SA on the heels of rising crude prices. Shares in electronics and appliance retailer Via Varejo SA rose 1   Read More ...
Market Snapshot: Dow futures slip with traders on Presidents Day break
2018-02-19 18:21:35 U.S. stock futures were trading lower on Monday, reversing Friday’s mostly upbeat action, though analysts warned against reading too much into the moves, given traders are off for Presidents Day. American stock markets and the bond market are closed for the holiday, and there are no economic releases expected, as federal agencies are shuttered. What are the main benchmarks doing? Dow Jones Industrial Average futures shed 133 points, or 0   Read More ...
Jeff Reeves's Strength in Numbers: This stock may be your best bet in the recovering energy sector
2018-02-19 18:21:28 Well, that market correction didn’t last long. Some investors are already moving back into “risk on” trades. But before you dive back into big tech, it’s worth taking a look at other corners of the market. Namely, energy stocks. In an era of comparatively lower oil prices and regular underperformance for the big names in the space, many traders have written off the oil and gas sector   Read More ...
CryptoWatch: Ethereum chief warns cryptocurrencies could ‘drop to near-zero at any time’
2018-02-19 18:21:24 The co-founder of Ethereum has put out a stark warning for crypto fans: Don’t bet the farm on cyberassets, because prices could “drop to near-zero” at any moment. Vitalik Buterin took to Twitter over the weekend to caution people about digital currencies, which delivered blockbuster rises in 2017, before taking a beating at the start of this year. “Reminder: Cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near-zero at any time   Read More ...
BRIEF-The Hartford Enters Renewal Rights Agreement For Foremost Insurance's Commercial Independent Agent Business
2018-02-19 18:11:21 Feb 19 (Reuters) - Hartford Financial Services Group Inc : * THE HARTFORD ENTERS RENEWAL RIGHTS AGREEMENT FOR THE SMALL COMMERCIAL INDEPENDENT AGENT BUSINESS OF FOREMOST INSURANCE * THE HARTFORD - TERMS OF TRANSACTION WERE NOT DISCLOSED * THE HARTFORD SAYS TRANSACTION WILL NOT HAVE A MATERIAL IMPACT ON HARTFORD‘S FINANCIAL RESULTS Source text for Eikon: Further company coverage: Our   Read More ...
First-year presidential economies: From Carter to Trump
2018-02-19 18:11:08 Unemployment at a 17-year low. The stock market setting records. Consumer confidence near its best level since 2000. There’s a lot to like about the economy during the first year of the Trump administration. Economists and historians will tell you that presidents get too much credit or blame for the state of the economy, especially in their first year when their policies have only barely started to affect businesses and consumers   Read More ...
Latvia starts criminal probe of its central bank chief
2018-02-19 17:47:16 HELSINKI (AP) - Latvia's anti-corruption agency says it suspects the nation's central bank chief of demanding and receiving bribes of at least 100,000 euros ($125,000) and has started a criminal investigation against him. The agency said Monday that no formal charges have so far been filed against Ilmars Rimsevics, who is also on the top policymaking council of the European Central Bank   Read More ...
Downfall of bitcoin: Potential government intervention?
2018-02-19 17:38:34 Liberty Government Affairs President Brian Darling on concerns potential government regulations would hurt bitcoin and President Trump suggesting a gas tax and online sales tax.   Read More ...
For this start-up, the secret to selling wine online is making it yourself
2018-02-19 17:12:55 In 2012, a Los Angeles start-up named Club W set out to help millennials find and buy decent wine on the internet. With bottles from a few boutique vintners, a slick web platform and a simple recommendation algorithm, the company had a propitious plan. If there was ever a product in need of what Silicon Valley calls a discovery engine, it's wine   Read More ...
Dogtown apartments project gets $20 million financing
2018-02-19 17:09:47 The developers behind the Hibernia Apartments have secured $20 million in construction financing to help complete the Dogtown project that will be anchored by a Fields Foods grocery store. Minneapolis-based NorthMarq Capital, a commercial real estate debt and equity provider, arranged the financing through The Bank of Washington for Indianapolis-based Pearl Companies. The project, which will include 100 apartments and approximately 16,000 square feet of retail on street level, was reported to cost $25 million overall   Read More ...
Virginia's historic tax credits have spurred additional development, studies show
2018-02-19 17:09:41 Thousands of historic buildings around Virginia have been restored and put back into commercial or residential use under state and federal programs that offer tax credits for developers, lenders and investors in historic building rehabilitation projects. Two recent studies show those tax credits have been worth the cost, producing benefits through job creation, higher property values and economic revitalization in otherwise neglected neighborhoods   Read More ...
Why Alleged North Korean Links Froze a Baltic Bank: QuickTake
2018-02-19 16:46:42 European banks know that violating U.S. sanctions hurts, paying billions of dollars in fines for providing countries like Iran and Sudan access to the U.S. financial system. Now Latvia’s third-largest lender, ABLV Bank AS, has been plunged into crisis after the U.S. said it may label the firm a money launderer for North Korea. That prompted the European Central Bank to tell Latvia to freeze payments by ABLV after some of the bank’s clients fled   Read More ...
How to deal with currency while in Vietnam, and other money-saving tips
2018-02-19 16:14:39 Question: I will be traveling to Vietnam. Am I legally permitted to bring Vietnamese currency into Vietnam from the United States? Just for background: The dong is the national currency issued by the State Bank of Vietnam, the central bank. It is one of those currencies that makes doing math in your head a challenge. Last week 100,000 dong equaled about $4   Read More ...
Egyptian firm to buy $15 billion in Israeli natural gas
2018-02-19 16:13:28 TEL AVIV (Reuters) - An Egyptian company will buy $15 billion of Israeli natural gas in two 10-year agreements announced on Monday, marking a major export deal that Israel hopes will strengthen diplomatic ties. The partners in Israel’s Tamar and Leviathan offshore gas fields said they have signed with private Egyptian firm Dolphinus Holdings to supply a total of around 64 billion cubic meters of gas over a decade - with half coming from each field and the proceeds split equally between them   Read More ...
Why You Are Losing 10 IQ Points Every Time This Happens
2018-02-19 16:04:51 Share Add to Social Media Distractions Why You Are Losing 10 IQ Points Every Time This Happens You might even be better off smoking marijuana at work or missing a night's sleep.   Read More ...
You Can Start This 6-Figure Service Business Tomorrow Morning for Under $100
2018-02-19 16:04:46 Share Add to Starting a Business You Can Start This 6-Figure Service Business Tomorrow Morning for Under $100 The people delivering bread to grocery stores make good money but never get a vacation. That's a lucrative problem you can solve.   Read More ...
How An Odd Macadamia Nut Milk Company Caught Walmart's Attention Without Doing Any Marketing
2018-02-19 16:04:41 Share Add to News and Trends The Digest How An Odd Macadamia Nut Milk Company Caught Walmart's Attention Without Doing Any Marketing Milkadamia started as an experiment in coffee shops. It's now carried by 5,000 stores in the U.S.   Read More ...
4 Rules for Keeping the Staff (You Want) on Staff
2018-02-19 16:04:39 Share Add to Leadership Employee Retention 4 Rules for Keeping the Staff (You Want) on Staff Employee retention is keeping CEOs the world over awake at night, but it's not that hard to sleep a little easier.   Read More ...
3 Simple Things You Can Do to Grow Your Business
2018-02-19 16:04:32 Share Add to Growth Strategies Growing a Business 3 Simple Things You Can Do to Grow Your Business These three things can serve as building blocks for your business.   Read More ...
Birmingham's auto insurance provider bought for $1.4 billion
2018-02-19 15:47:57 Birmingham's auto insurance provider bought for $1.4 billion BIRMINGHAM, Ala. — A Birmingham-based auto insurance provider has been bought for $1.4 billion. Local media reports that Kemper Corp. acquired Infinity Property and Casualty in a cash and stock transaction, making it one of the largest nonstandard auto insurers in the country. The merger will create a combined company with $2.2 billion in nonstandard auto insurance premiums   Read More ...
The ECB’s Latvia Containment Dome Is Fully Operational: Gadfly
2018-02-19 15:47:07 The speed with which the European Central Bank’s systemic controls have contained a major anti-graft crackdown in Latvia is impressive. Slam, bang and the nation’s third-largest bank is ring-fenced and along with it the country’s financial system. The rest of the euro-area can purr along unaffected. For evidence of this, look no further than the fact that former program nation Spain announced a 30-year syndicated bond issue on Monday   Read More ...