Get Latest Business News from All Over the World 24/7 throughout the Year: May 2019

Friday, 31 May 2019

Malaysia Air Reviews $2.75 Billion Boeing Max Order Amid Concern

from Bloomberg https://bloom.bg/2Xk8epc

Macau Gaming Returns to Growth, Yet Casinos Still Face Hurdles

from Bloomberg https://bloom.bg/2KhAODT

U.S. judge waves through D.C. case against Facebook

A U.S. judge on Friday denied Facebook Inc.'s request to dismiss a lawsuit by the Washington, D.C. attorney general over the social media giant's improper sharing of 87 million users' data with British political consulting firm Cambridge Analytica.

from Reuters: Business News https://reut.rs/2XlXuXs

Machine-A's Mia Poirier: 'Fashion Is a Reflection of What's Going on in Society'

This week, we meet BoF Professional member Mia Poirier, business manager at Machine-A.

from The Business of Fashion http://bit.ly/312ETSD

The BoF Podcast: Sabyasaschi Mukherjee and Deepika Padukone on India's Astonishing Wedding Industry

To mark the recent launch of BoF's latest print issue celebrating 'Modern Entrepreneurs," Imran Amed sits down with leading Indian bridal designer Sabyasachi Mukherjee and actress Deepika Padukone to discuss India's $50 billion bridal market.

from The Business of Fashion http://bit.ly/2W6HYNJ

U.S. Justice Department prepares Google antitrust probe: sources

The U.S. Justice Department is preparing an investigation of Alphabet Inc's Google to determine whether the tech giant broke antitrust law in operating its sprawling online businesses, two sources familiar with the matter said.

from Reuters: Business News https://reut.rs/2QEqCq5

How much? Bidder pays $4.6m for lunch with Buffett

Investment guru’s annual charity auction nets a record sum

from International homepage https://on.ft.com/2Z4Eygn

China Steps Up Trade War and Plans Blacklist of U.S. Firms

Without disclosing details, officials say they plan to retaliate against those who blockade Chinese companies, in an apparent response to Huawei’s problems.

from NYT > Business https://nyti.ms/30WJlC9

U.S. Justice Department prepares antitrust investigation of Google - sources

The U.S. Justice Department is preparing an investigation of Alphabet Inc's Google to determine whether the tech giant broke antitrust law in how it operates its sprawling online businesses, two sources familiar with the matter said.

from Reuters: Business News https://reut.rs/2Kendxa

12 Dead In Virginia Beach Shooting

from Bloomberg https://bloom.bg/2ELQoE9

Trump Administration Strips India of Special Trade Status

The status exempts billions of dollars of India’s products from American tariffs, part of a deepening clash over the country’s protections for its market.

from NYT > Business https://nyti.ms/2KiIK7Z

Trump Backs Boris

from Bloomberg https://bloom.bg/2W4lYDd

Justice Dept. Explores Google Antitrust Case

A case would renew scrutiny of the company amid a growing chorus of criticism about the power of big tech.

from NYT > Business https://nyti.ms/2KiYb06

Trump to Give Arthur Laffer, Tax-Cut Champion, the Presidential Medal of Freedom

The nation’s highest civilian award will go in June to an economist who has shaped decades of Republican tax policy.

from NYT > Business https://nyti.ms/2HMvu9P

What is the least valuable British coin ever?

Is the current 1p piece the least valuable British coin since the currency was unified in 1707?

from BBC News - Business https://bbc.in/2wCczIp

Einhorn's Greenlight Pares 2019 Surge With 1.4% Loss in May

from Bloomberg https://bloom.bg/311ogX9

South Korea Exports Slide for Sixth Month as Global Growth Slows

from Bloomberg https://bloom.bg/2W7Zjpi

Luxury Reseller The RealReal Files for Initial Public Offering

from Bloomberg https://bloom.bg/30XZSFP

Malaysian Durian Exports May Spike on China Nod for Thorny Fruit

from Bloomberg https://bloom.bg/2MjPC7J

Toshiba to Pay Total $815 Million to Exit Freeport LNG Project

from Bloomberg https://bloom.bg/2Xicl5a

U.S. Justice Department prepares anti-trust investigation of Google: WSJ

The U.S. Justice Department is preparing an anti-trust investigation of Alphabet Inc's Google, the Wall Street Journal reported on Friday, citing sources.

from Reuters: Business News https://reut.rs/2Kq0Ipl

NYC Subway Tap-To-Pay Is Here

from Bloomberg https://bloom.bg/2HP3VwL

Get Clients to Swipe Up: a Quick and Dirty Guide to Instagram Story Ads

Many brands have experienced success using Instagram Story ads. Here's how they do it.

from Entrepreneur http://bit.ly/2WzLNPD

Work Anywhere With This 'Invisible' Laptop Stand

The MOFT "Invisible" Laptop Stand seamlessly attaches to the back of your laptop for comfortable typing anywhere.

from Entrepreneur http://bit.ly/2WfkCub

Farfetch Teams With Gucci for 'Communities' Initiative

The fast-growing fashion platform is pushing into original content to help solve a key challenge: it offers an ultra-wide product assortment and competitive prices, but lacks a strong brand identity of its own.

from The Business of Fashion http://bit.ly/2HLslqR

Customers Love Free Returns. Here's How Brands Are Navigating the Costs.

US consumers returned $369 billion worth of unwanted merchandise last year, a figure that’s likely to grow along with online shopping. Brands are getting creative with how they keep the cost of returns from spiralling out of control.

from The Business of Fashion http://bit.ly/2HKKh4U

Power Moves | Maus Frères International Announces New Kooples CEO, Tapestry Appoints COO

This week, Romain Guinier joins The Kooples as CEO following its acquisition, while Tapestry taps a VF Corp executive for the role of chief operating officer.

from The Business of Fashion http://bit.ly/2KefcID

Sneaker Fever Hits China

Foreign and homegrown players alike are gunning for a slice of China’s multi-billion-dollar sneaker market.

from The Business of Fashion http://bit.ly/2EGU36e

Amazon’s Booming Merch Business Is Upending Traditional Licensing Model

Companies like Disney are increasingly turning to Amazon's T-shirt printing service for merchandise, rivalling the wholesale-driven licensing model.

from The Business of Fashion http://bit.ly/2I7vrEB

Watches of Switzerland Prices IPO With £647 Million Valuation

Britain's biggest watch retailer has set the price for its listing at 270 pence per share and is set to raise around £220 million.

from The Business of Fashion http://bit.ly/2VWAugd

Calvin Klein Owner PVH Cuts Profit Forecast and Shares Fall

The company cut its adjusted profit outlook, citing a challenging macroeconomic environment and a stronger dollar. Shares fell 7.4 percent to $91.90.

from The Business of Fashion http://bit.ly/30VyVmk

When Retailers Lose the Thread a $2.7 Billion Wipeout Ensues

Canada Goose, Abercrombie & Fitch and Capri Holdings posted historic stock declines this week, together erasing about $2.7 billion in market capitalisation.

from The Business of Fashion http://bit.ly/2QxKD1E

The U.S. Can’t Fix Health Care Without Better Price Data

States, Congress, and the Trump administration are considering actions.

from HBR.org http://bit.ly/2Xbq4e4

Reddit, the Bustling Marketplace of Ideas: How to Preserve — and Monetize — Community-Driven Free Expression

Reddit COO Jen Wong discusses the biggest social network you never talk about, and how Reddit’s unique culture of free expression within community-moderated spaces has made it one of the most robust marketplaces of ideas on the internet.

from HBR.org http://bit.ly/2Z0oVq9

What Boards Need to Know About Sustainability Ratings

A new tool for investors has changed the game for directors.

from HBR.org http://bit.ly/2Mkmzkx

Unwanted Roles

Is your job turning into something you don’t want? Dan and Alison answer your questions with the help of Francesca Gino, a professor at Harvard Business School. They talk through what to do when your boss gives you duties you dislike, your company is grooming you for roles you can’t see yourself in, or you’ve been offered a different job than the one you applied for.

from HBR.org http://bit.ly/2YUAVJG