United Airlines shows why it’s time to deplane corporate-speak #SmallBusiness
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United Airlines has been compared to Gerald Ratner…
Report: Japan pushing for Trans-Pacific Partnership without US #Business
Tokyo (dpa) – Japan is attempting to keep the stalled Trans-Pacific Partnership (TPP) trade agreement alive by pushing for a new deal without the United States, local media reported Saturday. Tokyo is currently trying to persuade the TPP’s other members to continue without the US and is planning a meeting of ministers from the deal’s 11… (more…)
VW’s US chief defends open markets in face of Trump protectionism #Business
New York (dpa) – The chief executive of Volkswagen’s North American operations defended free trade and open markets in the face of US President Donald Trump’s “America First” trade policy. “The openness of markets has been a guarantee of success for all producers in recent decades,” Hinrich Woebcken told dpa in an interview at the New… (more…)
Delta OKs offers of up to $9,950 to flyers who give up seats #Business
ATLANTA — Delta is giving airport employees permission to offer passengers up to almost $10,000 in compensation to give up their seats on overbooked flights. Delta’s move comes as United Airlines struggles to recover from images of a passenger’s forced removal from a sold-out flight. The passenger, David Dao, was already seated on the plane when… (more…)
Apple Will Start Testing Self-Driving Cars In California #Technology
Apple is now allowed to test self-driving cars in California, according to the state’s Department of Motor Vehicles’ webpage. Few details have been revealed about Apple’s autonomous driving plans, but the company has hinted about its interest in the field recently. In December, Apple confirmed in a letter to the National Highway Traffic and Safety Administration… (more…)
Easter Weekend Also Includes Big Sales #SMB #SmallBusiness
The Easter holiday is far more of a shoppers’ weekend than many might think. It coincides with spring sales and seasonal turnover for retailers, but it can be a big spending holiday, from the candy to the Easter apparel purchases. The National Retail Federation estimated that consumers were expected to spend a record amount for 2017—about… (more…)
The Whole US Energy Picture in a Single Chart (Almost) #Business
(3BL Media/Justmeans) — Lawrence Livermore National Laboratory has released their annual US energy consumption chart (Click for larger image). Yes, it looks like spaghetti, but it contains a lot of useful information. It shows, on one page, how much energy we used in 2016, and specifically, what sources we got it from and what we used… (more…)
China’s self-driving truck passes test #Technology
CHANGCHUN — A Chinese-made self-driving truck has passed a navigation test, heralding the era of intelligent, automated heavy vehicles. FAW Jiefang, the leading truck manufacturer, debuted the self-driving truck at FAW Tech Center in Changchun city, Jilin province. The truck was able to recognize obstacles, slow down, make a detour, and speed up. The truck reacted… (more…)
Apple Is Considering Teaming Up With Foxconn To Bid For Toshiba Chip Unit
Apple is reportedly considering getting together with its iPhone assembler Foxconn Technology to bid for Toshiba’s semiconductor business, a Japan public broadcaster NHK reported Friday, according to Reuters. Apple would be making its own bid next to Foxconn’s bid, and is considering investing at least several billion dollars for a stake of more than 20 percent.… (more…)
What to Know About Investing in the Internet of Things
This story originally appeared on The Motley Fool. The stock market today offers investors a plethora of compelling portfolio candidates to take advantage of the Internet of Things — that is, the trend of adding internet connectivity to everyday things in our lives — ranging from early-stage businesses to massive, well-established tech juggernauts. Let’s explore the… (more…)
Sales Slump Seen as Reflection of Changes in Retail Landscape
Retail sales had their worst two-month stretch in more than two years in February and March, according to government data released Friday. The U.S. Census Bureau said overall retail sales declined two-tenths of a percent in March, driven by lower fuel prices and lower auto profits. The National Retail Federation (NRF) said the delayed issuance of… (more…)
Further opening investment, trade an opportunity for China, US: Former treasury
NEW YORK — Both China and the United States have the opportunity to do well if they further open investment and trade to each other, former US Secretary of the Treasury Jacob Lew said Friday. Lew said that China will benefit from increased US investment in service sectors such as finance and insurance, while the United… (more…)
N.J. considers $38.4M tax break for Atlantic City roller coaster
The company building an entertainment complex anchored by a massive a 350-foot vertical roller coaster in Atlantic City is seeking up to $38.4 million in state tax incentives for the project. The state’s Economic Development Authority listed the request by ACB Ownership for 27.8 percent of the total project costs on the agenda for its meeting… (more…)
Can you guess which country’s businesses face the highest taxes?
American corporations face the highest statutory tax rate in the world. But the US could become one of the most appealing tax havens on Earth if some lawmakers have their way. The US federal corporate tax rate is 35 percent, but when you add in state taxes, that climbs to close to 40 percent. The European… (more…)
Journalism in the era of clickbait
In an age overwhelmed with clickbait stories, where clicks mean money, is mainstream journalism losing its relevance? And are there any alternative sustainable business models, which allow professional journalists the freedom to produce meaningful and balanced journalism? These were some of the questions put to a panel of TV and radio directors from across the globe… (more…)
Shanghai becomes world’s biggest trading city
Official figures are suggesting Shanghai is now the world’s largest international trading city due to the government’s measures to encourage and upgrade trade. Imports and exports through the city’s ports were nearly 6.9 trillion yuan ($1 trillion) last year, accounting for 28.3 percent of national value and 3 percent of global trade. Shanghai overtook Hong Kong… (more…)
HomeBanc is Named Top Workplaces in Tampa Bay
TAMPA, Fla., April 11, 2017 /PRNewswire/ — HomeBanc announces it has been selected as one of the Tampa Bay Times “Top Workplaces” for the fifth year in a row. HomeBanc was ranked as the top bank to work for out of 50 companies in the small business category. The complete “Top Workplaces” list is featured in… (more…)
Half of Students Receive Financial Literacy Education: Survey
John Hope Bryant thinks financial literacy is the new civil rights issue. “To quote Ambassador [Andrew] Young … ‘to live in a free enterprise and to not understand the rules of free enterprise, just might be the next definition of slavery,’” Bryant told ThinkAdvisor. Bryant is the founder, chairman and chief executive officer of Operation HOPE,… (more…)
In Zimbabwe, Cows May Soon Be Used to Secure Loans
Banks in Zimbabwe could soon be forced to accept cows, sheep and other livestock as collateral from small businesses applying for cash loans. The country’s finance minister, Patrick Chinamasa, put forward the Movable Property Security Interests Bill for its second reading in parliament on Tuesday, Bloomberg Markets reported. The purpose of the bill is to enable… (more…)
Maryland Passes Bill Aimed at Stopping Drug “Price Gouging”
A new piece of legislation aimed at stopping the “unconscionable” spikes in drug pricing has been passed with enthusiastic bipartisan support in Maryland. The bill, which was passed 38-7 in the Senate and 137-2 in the House of Representatives, would allow the state’s attorney general to seek legal action against pharmaceutical companies for price gouging life-saving… (more…)
