Featured Articles in Business

Boelter Joins Special Investment Bank Program

Kathy Boelter, Billings, founder and President of Arrow Solutions Group, was recently accepted into the Goldman Sachs 10,000 Small Businesses program, a very coveted award for small business owners who demonstrate dynamic leadership in business. The program, a co-investment between Goldman Sachs and Bloomberg Philanthropies, focuses on job creation and economic development. It offers participants Read More…

Supreme Court to consider major digital privacy case on Microsoft email storage

The Supreme Court on Monday accepted a second important case on digital privacy, agreeing to hear a dispute between the federal government and Microsoft about emails stored overseas. The justices increasingly have been called upon to settle legal battles between law enforcement and technology companies, and to interpret laws written before the technology revolution that Read More…

All in: Business

Kobe Steel data fabrication continued after misconduct discovered: Nikkei

TOKYO (Reuters) – Data fabrication at Kobe Steel Ltd (5406.T) continued at its aluminum and steel unit after an internal investigation discovered the misconduct, the Nikkei newspaper reported on Friday. FILE PHOTO: A man walks past the signboard of Kobe Steel at the group’s Tokyo headquarters in Tokyo, Japan October 10, 2017. REUTERS/Issei Kato/File Photo Read More…

Britain leads smart revolution with deployment of most advanced smart meter

LONDON, Oct. 20, 2017 /PRNewswire/ — Landis+Gyr (LAND.SW), global provider of energy management solutions, today announces the introduction of the next generation of smart meters for electricity and gas. Building on its longstanding presence in the UK metering market, Landis+Gyr has worked with British Gas to launch the first of a new standard in smart technology. The Read More…

Chevron Temporarily Suspending Operations in Iraqi Kurdistan

Iraq’s backlash against Kurdish independence is reordering the region’s booming energy business, forcing Chevron Corp. to suspend operations in Iraqi Kurdistan, opening potential opportunities for BP PLC and unsettling Russian companies’ bet on the Kurds. Chevron said Thursday that it was temporarily halting drilling in the region. The decision was taken because of fighting in Read More…

Unilever, Nestlé Test Investor Patience With Slower Sales

Two of the world’s biggest consumer goods companies—both caught in investors’ crosshairs—reported another round of weak sales, ratcheting up pressure to accelerate promised turnarounds. Unilever PLC missed analysts’ sales forecasts by a wide margin, Thursday, reporting growth in the third quarter of 2.6% compared with a year earlier. Analysts had expected the maker of Dove Read More…

Imprimis Pharma to take on Allergan's Restasis with cheaper product

(Reuters) – Shares of Imprimis Pharmaceuticals Inc (IMMY.O) sky-rocketed as much as 91 percent on Thursday, after the company said it would launch a cheaper alternative to Allergan Plc’s (AGN.N) controversial dry eye drug, Restasis, by next month. San Diego-based Imprimis’ therapy will cost 99 cents for a month’s supply, with refills starting at $79 Read More…

Ackman urges ADP to consider acquiring Ceridian amid proxy fight

BOSTON (Reuters) – Activist investor William Ackman, currently battling for board seats at Automatic Data Processing Inc (ADP.O), on Thursday said the human resource software company should buy rival Ceridian, in a move that could woo customers with a better product. Ackman said Minnesota-based Ceridian could be acquired for roughly $4 billion, adding, “This may Read More…

Japan government wants to get actively involved in Kobe Steel issue: trade minister

TOKYO (Reuters) – The Japanese government wants to get actively involved in the issue of Kobe Steel’s (5406.T) data fabrications, Hiroshige Seko, the minister of economy, trade and industry, said on Friday. Kobe Steel, Japan’s third-biggest steelmaker, admitted earlier this month that it had falsified specifications on the strength and durability of its products. The Read More…

Exclusive: Tech companies to lobby for immigrant 'Dreamers' to remain in U.S.

SAN FRANCISCO (Reuters) – Nearly two dozen major U.S. companies in technology and other industries are planning to launch a coalition to demand legislation that would allow young, illegal immigrants a path to permanent residency, according to documents seen by Reuters. The Coalition for the American Dream intends to ask Congress to pass bipartisan legislation Read More…

WeWork: A $20 Billion Startup Fueled by Silicon Valley Pixie Dust

When Adam Neumann pitches potential investors on his startup, WeWork Cos., he likes to rev them up with a jaunt through his company’s shared office spaces. Before arriving, the 38-year-old chief executive typically sends staffers a directive: “Activate the space.” WeWork’s employees swarm a lounge to host an impromptu party with pizza, ice cream or Read More…

SABESP: First Amendment to the Private Transaction Agreement and Other Adjustments

SAO PAULO, Oct. 19, 2017 /PRNewswire/ — Companhia de Saneamento Básico do Estado de São Paulo – Sabesp (“Company” or “Sabesp”), pursuant to article 157, paragraph 4 of Law 6,404/76 and CVM Instruction 358/02, hereby informs its shareholders and the market in general that, in addition to the Material Fact dated October 28, 2016, entitled “Private Read More…

Nissan's inappropriate inspections started at least 20 years ago: NHK

TOKYO (Reuters) – Inappropriate inspection practices at Nissan Motor Co (7201.T) had been going for at least 20 years, Japanese national broadcaster NHK reported on Friday, in a new revelation that could further roil Japan’s second-biggest automaker. Nissan said late on Thursday it was suspending domestic production of vehicles for the Japanese market for at Read More…

ACC Calls Upon Global Leaders To Take Action Against IARC Over Deliberate Manipulation Of Data

“Today’s Reuters report undermines IARC’s conclusions about glyphosate, but it also raises troubling new evidence that IARC has shown a lack of objectivity, credibility and integrity. The deliberate omission of critical evidence demonstrated by this news report should cause deep concern among all individuals and institutions who believe that dispassionate science should be the great Read More…

PayPal tops profit estimates, lifts target on mobile payments growth

(Reuters) – Sharp growth in mobile payments led PayPal Holdings Inc (PYPL.O) to report a better-than-expected third-quarter profit on Thursday and lift its guidance for earnings through the rest of the year. The San Jose, California-based payments company has been working hard in recent years to expand its reach to new customers through partnerships and Read More…

Generac: Hurricanes, Earthquakes, Electrical Storms. How To Continue With Your Life And Your Business?

MEXICO CITY, Oct. 19, 2017 /PRNewswire-HISPANIC PR WIRE/ — Recently, hurricane Irma made landfall in Puerto Rico and the consequences were devastating. According to the island’s Emergency Management Agency, almost one million people ran out of electricity and there are more than 50,000 without water; 14 hospitals used generators due to loss of power, and Read More…

Termination of Program for the Disposal of Ecopetrol Shareholder Interest in Empresa de Energía de Bogotá S.A. E.S.P (EEB).

BOGOTA, Colombia, Oct. 19, 2017 /PRNewswire/ — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that as of today it has terminated the program for the disposal of Ecopetrol’s shareholder interest in the EEB, which was approved by the national government under Decree 2305 of November 13, 2014 and Decree 2110 of 2016, which extended its Read More…

PayPal quarterly profit beats on higher mobile transaction volume

(Reuters) – Payment processor PayPal Holdings Inc (PYPL.O) reported a better-than-expected quarterly profit on Thursday, helped by growth in mobile payments volume. The company’s shares rose 4.3 percent to $70.18 in extended trading after closing barely changed at $67.25. San Jose, California-based PayPal has been expanding its services to gain advantage over rivals in the Read More…

MSA Announces Third Quarter Results

PITTSBURGH, Oct. 19, 2017 /PRNewswire/ — Global safety equipment manufacturer MSA Safety Incorporated (NYSE: MSA) today reported results for the third quarter of 2017. Quarterly Highlights Revenue was $296 million, increasing 6 percent from a year ago on a reported basis and 5 percent on a constant currency basis. GAAP earnings from continuing operations increased 26 Read More…