Business News & Articles

Business Articles and News

Welcome to our Business Articles section, There are many entrepreneurs, investors and bloggers who churn out business advice and we bring you the best daily.

Best General Business Blogs, Big Ideas for Small Business. Young Upstarts. The Work At Home Woman Entrepreneurs.

Latest small business advice on how to start a business from successful entrepreneurs and start-ups. We have compiled this list of some of the best small business blogs out there.

BP to Take $1.7 Billion Charge Over Deepwater Horizon Spill

LONDON — The energy giant BP said on Tuesday that it expected to take an additional charge of $1.7 billion in the fourth quarter for claims related to the 2010 Deepwater Horizon disaster, which killed 11 people and caused the worst oil spill in American history. The company also said that it now anticipated that cash payments related to the disaster to be about $3 billion this year, up from an estimate issued in the third quarter of more than…

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DealBook Briefing: BlackRock’s Larry Fink Goes Social Activist

The context, from Andrew’s latest DealBook column: Mr. Fink’s letter pits the investment mogul “against many of the companies that he’s invested in, which hold the view that their only duty is to produce profits for their shareholders, an argument long espoused by economists like Milton Friedman.” The assessment: Jeff Sonnenfeld of the Yale School of Management told Andrew, “It is huge for an institutional investor to take this position across its portfolio.” Mr. Sonnenfeld added that he’s seen “nothing…

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How Georgia State University Used an Algorithm to Help Students Navigate the Road to College

Executive Summary As AI continues to develop, a major test of its potential will be whether it can replace human judgment in individualized, complex ways. A research study at Georgia State University investigated a test case where AI assisted high school students in their transition to college, helping them to navigate the many twists and turns along the way. The system matched student data with text-based outreach to help students complete matriculation tasks.  For example, students who did not complete…

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Carillion directors to be investigated

Media playback is unsupported on your device Media captionThe Carillion collapse: What does it mean? The government has ordered a fast-track investigation into directors at the failed construction firm Carillion. The UK’s second biggest construction firm went into liquidation on Monday, after running up losses on contracts and struggling with heavy debts. The Business Secretary has asked for an investigation by the Official Receiver to be broadened and fast-tracked. The conduct of directors in charge at the time of company’s…

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Just Eat offers £10 to woman after a driver sent her unwanted messages

Image caption Michelle said the driver’s behaviour was “outrageous” Just Eat offered a £10 voucher to a woman who complained a delivery driver sent her unwanted messages. Michelle Midwinter posted screenshots of the conversation on Twitter in which the man appears to call her “baby” and sends her a pair of lips as an emoji. She also posted Just Eat’s reply to her complaint in which they offered her a £10 goodwill voucher. Just Eat says its initial response was…

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UK weather: Britain is hit by snow and ice warnings

Parts of Britain are under a white blanket today after three inches of snow fell overnight, causing travel chaos and school closures – with more on the way as Storm Fionn sweeps in. Forecasters have warned of plunging temperatures and travel disruption as motorists were urged to drive carefully, with Met Office warnings issued for snow and ice across much of Scotland, Northern Ireland and Wales. More than 50 schools and nurseries in the Highlands have been shut due to the…

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Citigroup reports first annual loss since 2009 on $22bn charge

Alistair Gray January 16, 2018 Citigroup has swung to its first annual loss since 2009 after the Republican tax reforms forced the US bank to take a $22bn accounting hit, one of the biggest such charges in corporate history. The larger-than-expected write-down disclosed on Tuesday pushed the group to a $18.3bn loss for the final three months of 2017, a bigger loss even than those it posted during the financial crisis. Executives have urged investors to look past the non-cash…

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Canada’s six biggest banks accused of rigging rate to boost profits

A Colorado-based pension fund accused Canada’s six biggest banks and three foreign lenders of conspiring to manipulate a Canadian interest rate benchmark to boost “illegitimate profits” on derivatives trades for several years until 2014. The Fire & Police Pension Association of Colorado alleged in a New York court filing that the banks sought to boost their earnings from derivatives trades by manipulating the Canadian Dealer Offered Rate, or CDOR, a benchmark lending rate. The alleged violations, including conspiracy under the…

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The hottest jobs—and who’s hiring – Morning 10

1. The 10 hottest jobs—and who’s hiring in Chicago Whether you’re looking to broaden your skill set or change careers entirely, Crain’s highlights 10 in-demand jobs in Chicago this year. Plus: Who’s hiring and how much you can expect to earn. 2. Trump says ‘Dicky’ Durbin ‘misrepresented what was said’ at meeting The president tweeted that “Deals can’t get made when there is no trust!” and blamed the Illinois senator for the failure of a bipartisan compromise on immigration while…

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Obama Foundation defends Presidential Center plans for Jackson Park – Consumer News

Since it was unveiled last May, the design for the Obama Presidential Center has undergone major changes, many after months of public meetings regarding the $350 million endeavor. Earlier this month, the Obama Foundation officially filed a rezoning application and Lakefront Protection Application, both necessary steps toward a late-2018 groundbreaking for the project, which will occupy 19.3 acres in historic 543-acre Jackson Park. Crain’s editorial board recently visited Obama Foundation’s Hyde Park offices to view the latest model of the…

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Bitcoin price skids after South Korea suggests crackdown

SEOUL, South Korea — Prices of bitcoin and other digital currencies have skidded after South Korea’s top financial policymaker said a crackdown on trading of crypto currencies was still possible. Finance Minister Kim Dong-yeon said Tuesday in an interview with local radio station TBS that banning trading in digital currencies was “a live option.” He said the decision was subject to a thorough government review. Bitcoin was trading at $13,209.25, down 2.8 percent from the day before as of 7:13…

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What does 2018 hold for the corporate deals market?

MHA Broomfield Alexander manager Katherine Broadhurst gives her thoughts on the year ahead… How do you expect the corporate deals market to perform in 2018 vs 2017? Last year was busy for us with the number of deals being slightly up on the year before. A key feature of the last 12 to 18 months has been the return of the management buy out; our pipeline suggests that this structure will increase in popularity with Vendors forming a key funding…

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Home Based Business Opportunity Seeker

Any home based business opportunity seeker should know one important fact, namely that the number of home businesses is continuously rising. This thing highlights at least two important aspects: the first one relates to the fact that more and more people are searching for methods to get some extra incoming or make a full-time living based on a home business, while the second one underlines the fact that the market already presents a huge number of offers that include all…

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10 Things That Will Help You Get Promoted in 2018

From day one, your boss probably made it clear how to succeed on their team, or at your company. If you listened, you already know the clear steps to take and the skills that your boss admires. If you don’t, start paying attention to the co-workers they are constantly congratulating or the people they recently promoted. With a little hard work and focus on the specific skills your boss wants you to have, you’re going to get that promotion. “We hire consistently…

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Inflation falls back for first time since June as Brexit hit wanes

LONDON (Reuters) – British inflation eased off its post-Brexit vote high in December, official data showed on Tuesday, suggesting the financial squeeze on many households could be about to get a little bit easier. Shoppers cross the street at Oxford Circus in London, Britain, November 25, 2017. REUTERS/Darrin Zammit Lupi Consumer price inflation slipped to an annual rate of 3.0 percent in December, below November’s nearly six-year high of 3.1 percent and the first fall since June. The figure was…

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