Monday, April 15, 2019

Business notes for April 15, 2019 - Concord Monitor

Business notes for April 15, 2019 - Concord Monitor

Business notes for April 15, 2019 - Concord Monitor

Posted: 14 Apr 2019 01:30 PM PDT

Published: 4/14/2019 4:28:17 PM

St. Mary's Bank has been named 2019's best credit union by the N.H. Business Review's Best of Business Awards.  The annual readers' poll recognizes the best New Hampshire companies in more than 90 business-to-business categories.

For the Love of Dogs Everywhere recently opened at 114 Dover Road, Chichester. The business is open Wednesday through Sundays and sells food, toys and accessories for dogs and their owners. 

More CFOs See Worse Business Environment After Brexit: Survey - Bloomberg

Posted: 14 Apr 2019 04:01 PM PDT

[unable to retrieve full-text content]More CFOs See Worse Business Environment After Brexit: Survey  Bloomberg

An increasing number of chief financial officers expect Britain's long-term business climate to worsen after the U.K. leaves the European Union, according to a ...

The Week in Business: Uber’s Bumpy Ride and Apple’s Star-Studded Trial - The New York Times

Posted: 13 Apr 2019 11:05 AM PDT

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You're a busy person, so here's your quick and breezy catch-up on the latest in tech and business news, plus what to know for the week ahead. Your Monday self will be better for it.

APRIL 7-13

Your ride is (almost) here, but how much is it worth? Uber's widely anticipated initial public offering, on track for early May, is said to aim for a valuation of $90 billion to $100 billion. That's significantly lower than the $120 billion that many investors had expected, although it would still be the largest I.P.O. since 2014. Why the falling numbers? For one thing, the ride-sharing company lost $1.8 billion last year, and its growth is slowing. Plus, everyone has been taking note of what happened after the recent I.P.O. of Uber's smaller rival Lyft. Its shares have already dropped roughly 20 percent below their offering price.

The National Enquirer, the checkout-line mainstay known for peddling headlines about aliens on the moon and, more recently, aiding President Trump's 2016 candidacy, is for sale. The tabloid is led by David J. Pecker, a longtime friend of Mr. Trump's, and there's word of a surprising potential buyer: the billionaire Ron Burkle, a Democratic donor with ties to former President Bill Clinton. The publication came under scrutiny for helping Mr. Trump's political rise by buying the rights to a story from a Playboy model who said she had an affair with him and then never publishing it — a tabloid practice known as catch-and-kill. The Enquirer is now under federal investigation for claims that it threatened Amazon's founder, Jeff Bezos, with "extortion and blackmail" after exposing details about his extramarital affair.

Just what no one wanted: Six more months of Brexit drama. European Union leaders agreed on Wednesday to extend Britain's withdrawal deadline — again — this time to Oct. 31. Now, British lawmakers will have more time to argue over their long-overdue departure plan, which they've already had three years to discuss. While they haggle, businesses will continue to plan for the worst until Brexit trade policies are settled, compromising the country's economic growth. On the upside, Britain did not crash out of the bloc on Friday without a deal, which could have wreaked economic havoc. But is the extension just prolonging the inevitable?

CreditGiacomo Bagnara

APRIL 14-20

Thursday is the deadline for Tesla's chief executive, Elon Musk, and the Securities and Exchange Commission to work out their differences on Mr. Musk's Twitter practices. A federal judge in New York has asked both parties to submit a joint letter with clear guidelines about Mr. Musk's tweets — namely, when Mr. Musk must get approval from a Tesla lawyer before posting. The S.E.C. sought more oversight of Mr. Musk's communications after he tweeted erroneous information about Tesla more than once, first about taking the company private and later about its production numbers. (Presumably, he will be allowed to keep tweeting about cheese-related flatulence and multicolored squirrels whenever he pleases, as he recently did.)

A jury will get to decide whether Apple owes money to the chip manufacturer Qualcomm, which might sound dull if not for the cast of tech stars involved. Apple's chief executive, Tim Cook, and Steve Mollenkopf, his counterpart at Qualcomm, are both expected to take the stand at the trial, which begins in San Diego this week. Top brass from other technology companies, like the manufacturing giant Foxconn, are also expected to testify. The showdown is a culmination of a two-year global fight between tech giants, with Qualcomm seeking back payment for chips used in iPhones and Apple disputing Qualcomm's claims to certain technology.

More big banks will release their first-quarter earnings this coming week, and the results may be stronger than expected if JPMorgan's report on Friday was any indication. Analysts had lowered their projections for bank profits in recent months for a mix of reasons, including the slowing economy and the Federal Reserve's changing stance on interest rates. Banks' performances are often seen as a litmus test for overall economic health, and the latest numbers may offer clues to how much we should be worried about a recession — or whether we're overly paranoid.

Disney unveiled plans to take on Netflix with its own streaming service, which will cost $7 a month when it becomes available on Nov. 12. In other news, J. Crew is considering a spinoff of its smaller, fast-growing brand Madewell to raise some much-needed cash. Speaking of crunches, Boeing still has no timetable for getting its grounded 737 Max jets back in the air, and the costs of fixing the planes — and convincing regulators, airlines and passengers that they're safe to fly — are starting to pile up.

An initiative to get more Latino business owners - KWQC-TV6

Posted: 14 Apr 2019 06:55 PM PDT

MOLINE, Ill. (KWQC) - Western Illinois University hosted a business workshop in Spanish last Thursday. The goal of the workshop is to help all kinds of Quad Citians get started in becoming business owners.

Attendees learned things like how to choose a business name, different kinds of marketing, permits, payroll, and more.

Monserrat Magellon, Graduate Assistant at WIU'S QC Campus said, "We give them the tools to open the business to sell over there and it's our way to contribute with the community and support Latin Americans in the Quad Cities."

If you missed this workshop and still want to learn in Spanish how to start a business, there will be another workshop on June 3 at the Moline Public Library.

Business prepares for tourism season - KEVN Black Hills Fox

Posted: 14 Apr 2019 10:36 PM PDT

Business prepares for tourism season

It may be hard to think of tourism season when we just experienced another snow storm, but some businesses are already gearing up for the influx of customers.

KEVN Radar

Station Contact Info:

KEVN Black Hills FOX

2001 Skyline Drive, Rapid City, SD 57701


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