Business news

• Loeb's Third Point takes share stake in Apple, Visa and Dell

  10-11-2016 23:59 via news.yahoo.com
  
  NEW YORK (Reuters) - Dan Loeb's Third Point hedge fund took a new share stake in Apple Inc, Visa Inc and Dell Inc during the third quarter, according to regulatory filings late on Thursday. Third Point, closely followed in the investment community because of its pattern of delivering strong returns, took a 2.5 million stake in Apple, a 2.1 million class A share-stake in Visa and a 2.3 million share-stake in Dell Technologies. In early November, Loeb told clients that Third Point's bets on corpor
  
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• Yahoo took 18 months to launch probe after breach detected

  10-11-2016 23:50 via cbc.ca
  
  Yahoo detected evidence that a hacker had broken into its computer network at least 18 months before launching an investigation that discovered personal information had been stolen from about 500 million user accounts.
  
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• Shari Redstone says she did not support a Viacom/CBS split

  10-11-2016 23:49 via news.yahoo.com
  
  Shari Redstone, a controlling shareholder of Viacom Inc and CBS Corp , never wanted to separate the two media companies 10 years ago, she told attendees of The New York Times DealBook conference on Thursday. Sumner Redstone decided to split the two companies a decade ago.
  
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• ​Google won't build ad-blocking feature into Chrome

  10-11-2016 23:49 via cnet.com
  
  It's better to reform misbehaving, power-sucking ads than to block them, the head of engineering for Google's browser says.
  
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• KKK For Trump: Ku Klux Klan Victory Parade To Celebrate 2016 Presidential Election

  10-11-2016 23:33 via ibtimes.com
  
  The Ku Klux Klan has planned a parade to celebrate Donald Trump’s presidential victory, the infamous white nationalist group announced Thursday. The "victory klavalkade Klan parade" is scheduled for Dec. 3 in North Carolina.
  The parade is set to be organized by The Loyal White Knights of the Ku Klux Klan, in Pelham, North Carolina, which sits just south of the Virginia border. It was not immediately clear where in North Carolina the parade would take place.
  
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• Fear Rocks Mexican Markets

  10-11-2016 23:19 via feeds.foxbusiness.com
  
  Mexico's peso sank again on Thursday, taking its biggest two-day tumble in more than 20 years, while bonds and stocks had their worst day in five years on fears U.S. President-elect Donald Trump's anti-free trade rhetoric could hit exports.
  
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• FCC Cracks Down on AT&T

  10-11-2016 23:08 via feeds.foxbusiness.com
  
  The Federal Communications Commission sent a letter to AT&T Inc. to express concerns over the telecom company's practice of exempting its own streaming video services from data-usage caps for its wireless customers.
  
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• Awww. Lonely mutant snail finds love with matchmaker's help

  10-11-2016 23:05 via cnet.com
  
  A one-in-a-million snail with a strange shell makes a romantic connection with the help of a determined scientist.
  
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• Trump wins and superheroes are in shock

  10-11-2016 22:54 via cnet.com
  
  Technically Incorrect: A parody mashup video shows how Thor, Iron Man and friends can't believe what's happened.
  
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• ​LinkedIn faces ban in Russia after court ruling

  10-11-2016 22:52 via cnet.com
  
  A Moscow court upholds a decision saying the social network must store Russian citizens' personal data on servers in Russia, or else.
  
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• ​Uber driver charged with raping unconscious teen

  10-11-2016 22:51 via cnet.com
  
  The ride-hailing company is seeing a steady stream of sexual-assault allegations against its drivers.
  
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• Trump bets blast Dow to new high, bank sector hits 2008 levels

  10-11-2016 22:46 via news.yahoo.com
  
  (Reuters) - U.S. banking sector shares on Thursday surged to levels not seen since the midst of the 2008 financial crisis, pushing the Dow to an all-time high, while technology shares sank as Wall Street rearranged its bets to benefit from Donald Trump's presidency.
  
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• George R.R. Martin's perfect reaction to the election

  10-11-2016 22:42 via cnet.com
  
  The mind behind "Game of Thrones" clearly isn't a fan of President-elect Trump and offers a snappy one-liner to sum up his feelings.
  
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• Canadian tech companies take wait-and-see approach to Trump's election win

  10-11-2016 22:41 via cbc.ca
  
  Kitchener-Waterloo's tech sector is watching closely to see what economic policies Donald Trump will enact when he takes office in January. But several business leaders see an opportunity to bring Canadian workers home from Silicon Valley.
  
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• Democrats 2020: Bernie Sanders Explains What The Party Should Do After The Hillary Clinton Loss To Donald Trump

  10-11-2016 22:40 via ibtimes.com
  
  Sen. Bernie Sanders, who gave Hillary Clinton a serious challenge during the primaries, appeared to take a swipe at the former secretary of state on Thursday, saying the party cannot cozy “up to Wall Street.
  Sanders, who describes himself as a Democratic socialist, urged Democrats in a tweet to side with working families, forsaking the campaign dollars that flow from special interests and billionaires.
  
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• Nvidia Shares Up 13% On Strong Earnings, Sales Beat

  10-11-2016 22:35 via feeds.foxbusiness.com
  
  Shares of Nvidia Corp. skyrocketed late Thursday after the chip maker reported fiscal third-quarter 2017 earnings well above expectations and raised its dividend.
  
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• Michael Kors Shares Sink On Weak Outlook

  10-11-2016 22:31 via feeds.foxbusiness.com
  
  Michael Kors Holdings Ltd. shares fell 2.4% in Thursday after-hours trading after the luxury apparel and handbag company forecast fiscal full-year results that were below consensus.
  
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• Why Ferroglobe PLC Stock Soared 17.3% Today

  10-11-2016 22:30 via feeds.foxbusiness.com
  
  Earnings await on the other side of the weekend.
  
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• After massive layoffs, Calgary oilfield company struggles to find staff

  10-11-2016 22:29 via cbc.ca
  
  An oilfield services company that laid off almost two-thirds of its workers over the past two years is now warning it can't find enough new staff to take full advantage of a recent increase in activity.
  
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• England vs. Scotland 2016: Time, Prediction, TV Channel For Wembley World Cup Qualifier

  10-11-2016 22:28 via ibtimes.com
  
  For the first time in 17 year, the oldest rivals in international soccer will lock horns in a competitive match on Friday as England and Scotland go head-to-head at Wembley in a crucial qualifier for the 2018 World Cup. As well as offering vital points on the road to Russia, the match could be decisive in the future of the two coaches.
  
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• Disney Earnings Disappoint As ESPN Suffers

  10-11-2016 22:26 via feeds.foxbusiness.com
  
  The Walt Disney Co. reported disappointing earnings and revenue Thursday, as the company's cable networks took a hit from lower advertising revenue and higher costs for ESPN.
  
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• Edward Snowden Livestream: Whistleblower To Discuss Donald Trump, Privacy

  10-11-2016 22:25 via ibtimes.com
  
  The world’s most notorious whistleblower, Edward Snowden, is set to host a livestream on Donald Trump, privacy under a Trump administration along with questions relating to technology, security and more. Snowden is partnering with StartPage, a Dutch search engine.
  “ The world’s most famous whistleblower is here to address questions about how the US Election results will affect your privacy and his pardon, as well as other questions submitted via social media,”StartPage sa
  
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• Disney Stock Falls on Earnings Miss

  10-11-2016 22:25 via feeds.foxbusiness.com
  
  Walt Disney Co reported a 2.7 percent fall in quarterly revenue, reflecting lower advertising revenue from sports network ESPN as well as an extra week last year.
  
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• Here's Why Grupo Aeroportuario del Pacifico's Stock Hit Some Extreme Turbulence Today

  10-11-2016 22:24 via feeds.foxbusiness.com
  
  Mexican airport companies have started descending since the U.S. elected Donald Trump as president.
  
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• Comcast's NBC News in talks with Euronews about potential investment

  10-11-2016 22:24 via feeds.foxbusiness.com
  
  Comcast Corp's NBC News is in discussions with Euronews about a potential investment and a partnership, an NBC spokesman told Reuters on Thursday.
  
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• Watch deviant drones take on seagulls, R2-D2, pizza delivery

  10-11-2016 22:23 via cnet.com
  
  Imagine a sky filled with flaming superheros, pooping seagulls, flying pinatas and airborne R2-D2s. These oddball drones are very real.
  
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• How To Apply For Obamacare: Affordable Care Act Open-Enrollment Application Process Is Straightforward

  10-11-2016 22:20 via ibtimes.com
  
  American’s have until Jan. 1, 2017 to sign up for Obamacare. Open enrollment started on Nov. 1, but more than 100,000 people have already signed up for the health care coverage. The Obama administration announced a record-breaking number of people signed up for Obamacare plans following Donald Trump’s big win during the election in a tweet on Thursday and said that Wednesday was the “best day yet” for Obamacare.
  
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• When Will Nike Soho Store Open? Get Apple Watch Nike+, LeBron Soldier X By John Elliott Sneakers And More

  10-11-2016 22:17 via ibtimes.com
  
  The world's most valuable sporting brand is poised to open a new megastore in New York City on Friday. Nike Soho will be a state-of-the-art, five-story structure in the eponymous Manhattan neighborhood, the company announced Thursday. 
  
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• USA vs. Mexico Soccer 2016: Prediction, Time, Probable Lineups For World Cup Qualifier

  10-11-2016 22:13 via ibtimes.com
  
  The pressure is on both the United States and Mexico as the two historic rivals prepare to get the final round of Concacaf World Cup qualifying underway with an eagerly anticipated clash in Columbus, Ohio, on Friday.
  
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• Fitbit CEO says no one's offered to buy the company

  10-11-2016 22:11 via cnet.com
  
  Contrary to an SEC filing from a supposed hedge fund in China, Fitbit's James Park says no one has asked to buy the company.
  
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• Wall Street ends higher, helped by banks, industrials

  10-11-2016 22:07 via news.yahoo.com
  
  NEW YORK (Reuters) - Bank stocks and industrials surged on Thursday, pushing the Dow to a record closing high, while Apple and other technology shares sank as Wall Street rearranged its bets to benefit from Donald Trump's presidency.
  
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• Apple CEO urges workers to 'move forward together' postelection

  10-11-2016 21:59 via cnet.com
  
  Tim Cook tells his staff in a memo that, in spite of the "strong feelings" that follow the election, the only option is to keep on keeping on.
  
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• Jennifer Lawrence Pens Essay After Donald Trump’s Win: ‘We Shouldn’t Riot’

  10-11-2016 21:50 via ibtimes.com
  
  It’s been two days since the world learned Donald Trump would become the 45th President of the United States and in those 48 hours, many of his opponents are still coming to grips with this reality. 
  While some have taken to social media to voice their displeasure, others have taken to the streets for protests. Jennifer Lawrence shares the same sentiment as many Americans do, but the actress doesn’t want to see people passing blame or rioting.
  
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• U.S. urges court to overturn AmEx antitrust decision

  10-11-2016 21:49 via news.yahoo.com
  
  The U.S. government on Thursday asked a federal appeals court to reconsider a recent antitrust decision allowing American Express Co to stop merchants from encouraging customers to use rival cards that charge lower fees. In its Sept. 26 decision, the 2nd U.S. Circuit Court of Appeals in New York reversed a lower court ruling that had struck down AmEx's "anti-steering" rules. At issue are the more than $50 billion of fees that merchants pay annually to process transactions.
  
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• Trump And China: How Will Next US President Tackle South China Sea, Economic Cooperation With Beijing?

  10-11-2016 21:42 via ibtimes.com
  
  Chinese Vice Finance Minister Shi Yaobin said Thursday he hoped President-elect Donald Trump would maintain strong economic ties between the two nations, despite Trump's tough campaign rhetoric.
  
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• ‘Sister Wives’ Star Robyn Brown’s Divorce Plans After ‘Hot Wife’ Comment Revealed By Family Friend

  10-11-2016 21:38 via ibtimes.com
  
  The Brown family returns for another season of “Sister Wives” later this month, but the new episodes may be the last time fans see of the reality family intact.
  A family friend of the Browns has revealed to Life & Style that Kody is on the outs with his four wives, including his legal wife Robyn, who is said to be seeing a divorce.
  
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• U.S. judges probe spoofing in convicted trader's appeal

  10-11-2016 21:32 via news.yahoo.com
  
  A panel of U.S. appeals court judges sought answers on Thursday about how widespread spoofing is in U.S. financial markets and whether it represents an advancement in trading, as they considered whether to overturn the nation's first criminal conviction for the banned practice. Three judges of the U.S. Court of Appeals for the Seventh Circuit, in Chicago, heard arguments from a lawyer for trader Michael Coscia, who is appealing convictions for spoofing and commodities fraud, and from a governmen
  
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• Black Friday deals start today at Best Buy

  10-11-2016 21:32 via cnet.com
  
  No need to wait in line. The electronics retailer is already offering deals on tablets, headphones and more.
  
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• What Is NATO? Donald Trump Threatens To Leave North Atlantic Treaty Organization Military Alliance As Russia Ties Questioned

  10-11-2016 21:31 via ibtimes.com
  
  The United States' membership to an international military and political alliance was in jeopardy now that Donald Trump has been elected as president-elect. Trump has repeatedly questioned whether the U.S. should unequivically defend allies of NATO, formally named the North Atlantic Treaty Organization, because he said other member nations have not "fulfilled their obligations to" America.
  
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• LG wallpaper OLED TV may arrive in 2017, leak reveals

  10-11-2016 21:26 via cnet.com
  
  The 1mm thin flexible TV may be coming to the market in 65- and 77-inch sizes. The leak also lists sizes and model numbers for LG's other 2017 OLED TVs.
  
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• Goldman CEO Blankfein says Trump's plans may be good for economic growth

  10-11-2016 21:26 via news.yahoo.com
  
  JPMorgan Chase & Co CEO Jamie Dimon also delivered a message to bank employees on Wednesday, saying business leaders and government officials needed to work together on solutions to the country's problems. Dimon said a "deep desire for change" and frustration with the economy were among the reasons Trump had been voted into office. A senior person on Trump's transition team contacted Dimon about serving as Treasury Secretary in the new administration, Reuters reported on Thursday.
  
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• FAA Flight Restrictions: No-Fly Zone Over Trump Tower Through Inauguration

  10-11-2016 21:22 via ibtimes.com
  
  TheFederal Aviation Administration has extended FAA flight restrictions in New York City for ano-fly zone over Trump Tower through Donald Trump’s inauguration date and ending Jan. 21, 2017. The original Trump no-fly zone was put in place on Election Day but after his surprise win the FAA decided to extend the “VIP” flight restriction.
  
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• WWE Survivor Series 2016: Multiple Title Changes Likely For PPV?

  10-11-2016 21:16 via ibtimes.com
  
  WWE Survivor Series 2016 could be the impetus for major changes on “Monday Night Raw” and “SmackDown.” While the WWE Universal Championship and WWE World Championship won’t be defended at the pay-per-view, the event on Nov. 20 could feature multiple title changes.
  It appears that the Intercontinental Championship and Cruiserweight Championship will be the only two belts on the line at the PPV. The stipulation added to both title matches indicates that two new champi
  
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• Jeep unveils Renegade Deserthawk, Altitude ahead of Los Angeles

  10-11-2016 21:14 via cnet.com
  
  Credit where it's due, Deserthawk is an awesome name.
  
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• Juega 'Overwatch' completamente gratis del 18 al 21 de noviembre

  10-11-2016 21:08 via cnet.com
  
  [Cazadores de ofertas] El súper popular videojuego de la editorial Blizzard estará disponible gratis para jugar en PS4, Xbox One y PC durante cuatro días enteros en todo el mundo.
  
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• Walmart ofrecerá descuentos en videojuegos este 'Black Friday' 2016

  10-11-2016 21:07 via cnet.com
  
  La gigante cadena de tiendas publicó su catálogo con ofertas para el Viernes Negro.
  
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• From avocados to autos, Mexican businesses fear tough times with Trump

  10-11-2016 20:59 via news.yahoo.com
  
  By Joanna Zuckerman Bernstein and Christine Murray TIJUANA, Mexico/MEXICO CITY (Reuters) - From avocado orchards to border factories, Mexican exporters who have prospered under two decades of NAFTA face the prospect of an abrupt end to the boom if U.S. President-elect Donald Trump carries out his threats to ditch the free trade pact. Trump says the North American Free Trade Agreement favors Mexico at the expense of U.S. workers and has vowed to either rewrite or withdraw from the deal, as well a
  
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• Pay what you want for this Lego Humble Book Bundle

  10-11-2016 20:53 via cnet.com
  
  Name your price for books that give tips on building holiday ornaments, vehicles, spaceships, robots and other brick-tastic creations.
  
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• Apple presenta su guía de regalos navideña 2016

  10-11-2016 20:43 via cnet.com
  
  La popular fabricante de dispositivos de alta gama ofrecerá envío gratis de dos días durante esta temporada de compras, pero no te esperes por los descuentos.
  
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• Keep your company competitive with these 4 talent management strategies

  10-11-2016 20:39 via techrepublic.com
  
  In a job seeker's market, it's important to focus on employee recruiting and retention. Here are some ways to do that.
  
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