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.

Nikkei edges up as financials rise, momentum slows after extended surge

* Nikkei up 0.23 pct, Topix climbs 0.27 pct * Nikkei’s rise slows, profit taking kicks in after days of gains * Banks, insurers, brokerages extend gains amid rise in US yields By Shinichi Saoshiro TOKYO, Sept 20 (Reuters) – Japan’s Nikkei share average inched up on Thursday as financial shares extended their rise, although advances were limited as market momentum slowed after several days of big gains. The Nikkei was up 0.23 percent at 23,728.33 and headed for its…

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Atlantic Navigation, unit receive arbitration notices for US$3m owed on cancelled order, Companies & Markets

Thu, Sep 20, 2018 – 9:58 AM ATLANTIC Navigation Holdings (Singapore) Limited and its subsidiary Atlantic Maritime Group FZE (AMG) have received notices of arbitration regarding a balance payment of about US$3 million owed to a Chinese shipbuilder for a cancelled order. In a Singapore Exchange filing on Thursday, Atlantic Navigation said the supplier, Guangxin Shipbuilding & Heavy Industry Co Ltd, had entered into a contract in April 2014 to construct a 75-metre liftboat, which it would sell to AMG.…

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RACs seek to regain reviewing privileges for Medicare claims

Recovery Audit Contractors are hoping a new report on the hundreds of millions they’ve recovered for Medicare will cause the CMS to reverse course on its decision to limit the number of claims they can review. RACs recovered $473.92 million in improper payments in fiscal year 2016, according to a report issued Monday by the CMS. That number is up from $440.69 million in fiscal year 2015. RACs argue that they could recover more money for the Medicare trust fund…

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Hologram phone calls – sci-fi or serious possibility?

Image copyright Youtube Image caption Could holograms – think Princess Leia in Star Wars Episode IV – be projected from our phones? High-speed 5G networks could lead to big changes in how we use our mobile phones, allowing us to enjoy virtual reality on-the-go, interactive live broadcasts, and even project holograms from our handsets. But will connection “not-spots” and high costs stop many of us reaping the benefits? Holograms have always felt like science fiction – think of the scene…

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RPT-UK regulator fines Equifax Ltd 500,000 pounds for 2017 security breach

(Repeats to widen distribution to certain clients) Sept 20 (Reuters) – A British regulator on Thursday fined credit reference company Equifax Inc’s UK arm Equifax Ltd 500,000 pounds for failing to protect the personal information of up to 15 million people in Britain during a 2017 cyber attack. The Information Commissioner’s Office (ICO) said in a statement its investigation found that, although Equifax systems in the United States were compromised, Equifax Ltd was responsible for the personal information of its…

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Goldman Sachs passes Citigroup in investment bank rankings

Goldman Sachs has vaulted past Citigroup to reclaim the second spot in the benchmark ranking of the world’s biggest investment banks by revenue, setting the scene for Lloyd Blankfein to bow out of the Wall Street giant on a high note.  Goldman’s ascent in the Coalition rankings for markets and investment banking revenues was fuelled by a surge in fixed-income trading and banking revenues in the first half of 2018, particularly in the Americas.  JPMorgan remains the world’s biggest investment bank…

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Danske bank chief resigns over €200bn money-laundering scandal | Business

The boss of Denmark’s biggest bank has resigned after admitting that the vast majority of €200bn (£178bn) flowing through its Estonian branch was money-laundered cash flowing illegally out of Russia, the UK and the British Virgin Islands. “It is clear that Danske Bank has failed to live up to its responsibility in the case of possible money laundering in Estonia. I deeply regret this,” Thomas Borgen said in his resignation statement on Wednesday. The bank said an independent investigation had…

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Affordable housing to get 2 billion pounds boost in UK, May says

(Reuters) – Britain’s government will invest 2 billion pounds to address an affordable housing shortage, Prime Minister Theresa May will say on Wednesday. FILE PHOTO: Affordable housing is erected on a Stockport Homes building site in Stockport, Britain, September 22, 2016. REUTERS/Andrew Yates House-building has been a stated priority as the government tries to answer voter concerns about a lack of affordable housing in many areas following decades when house prices have risen much faster than incomes. The government will…

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MetroHealth to open food clinic on main Cleveland campus

As part of a pilot program to address food insecurity, MetroHealth is opening a food clinic on the system’s main campus in Cleveland. Cuyahoga County has Ohio’s highest number of food insecure residents and children—people who don’t have reliable access to a sufficient amount of affordable, nutritious food. The idea of the food clinic is to use “food as medicine,” according to a news release. Patients will receive a food prescription from their primary care provider, covering two visits a…

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Argentine GDP in steepest fall since 2014

Image copyright AFP Image caption Argentina’s agricultural sector has been hit by drought Argentina’s economy shrank by 4.2% in the second quarter, its sharpest year-on-year slowdown since 2014. The decline was accompanied by a steep fall in exports, after a drought hurt the country’s agricultural sector. The contraction also came amid a currency crisis that has prompted the central bank to raise interest rates to 60% and the government to cut spending. The country has also requested a bailout from…

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Canadian Pot Startup Tilray Has Wild Day on Stock Market

Tilray investors could probably use a bit of the company’s products right now. The maker of cannabis extracts finished a whipsaw session 40 percent higher. That’s a great day for any stock. But Tilray was up as much as 94 percent, peaking at $300.00 at 2:50 p.m. in New York. Fifty-three minutes and four trading halts later, it was negative. The closing flourish that added $63 to the share price took just six minutes. “It left a sea of bodies,…

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Cryptocurrency exchange Coinbase hires chief legal officer from Fannie Mae

NEW YORK (Reuters) – Coinbase has hired finance executive Brian Brooks as chief legal officer, it said on Wednesday, as the cryptocurrency exchange grows its compliance and government affairs capabilities amid intensifying regulatory scrutiny of the nascent market. Brooks was most recently executive vice president, general counsel and corporate secretary of Fannie Mae, the U.S. mortgage finance company. In that role he led the company’s legal department and government relations group, and was a senior advisor to the CEO and…

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Asiatravel.com Holdings, subsidiary granted moratorium by High Court until Nov 30, Companies & Markets

Wed, Sep 19, 2018 – 8:45 PM THE High Court has granted Asiatravel.com Holdings and its subsidiary a moratorium until Nov 30 this year, the company said in a filing to the Singapore Exchange on Wednesday. As per the Court’s orders, the moratorium will restrain a number of actions until that time, including the passing of a resolution for the winding-up of the companies. Asiatravel had previously said that it, together with subsidiary AT Reservation Network, had on Aug 7 filed applications with…

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Alibaba’s Jack Ma abandons pledge to create 1m US jobs

Jack Ma, chairman of Alibaba, has abandoned a promise to create 1m new jobs in the US, in a sign of the threat that rising trade tensions with China pose to some of US President Donald Trump’s key economic goals. Mr Ma’s promise, made early last year, was one of the most prominent commitments from business leaders seeking to curry favour with the then president-elect. He said that the jobs would be created over a period of five years by…

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Jack Ma rows back on pledge to create one million US jobs

Image copyright Getty Images Image caption Mr Ma said trade should not be used as a weapon Alibaba founder Jack Ma, who once boasted his e-commerce firm would spur the creation of one million jobs in America, has rowed back on those plans. Citing the ongoing trade war between the US and China, Mr Ma told China’s Xinhua news agency: “There is no way to complete the promise.” It follows remarks by Mr Ma at Alibaba’s investor day that the…

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How Follower Counts Could Be Backfiring on Twitter

Online follower counts have become a fashionable form of currency, numbers people use as evidence of personal and professional clout. Media outlets treat it as news when celebrities amass big followings, and an entire industry has ascended around “influencers” who endorse goods via popular feeds. It’s a metric increasingly ingrained in modern life. It’s also under the microscope at Twitter. CEO Jack Dorsey has expressed a willingness to rethink not just policies but the platform’s fundamental design as Twitter continues…

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