Business > Economy

Mellody Hobson Wants Less Talk and More Action When It Comes to Corporate Diversity

59 minutes ago   |   Fortune

Mellody Hobson is tired of having the same conversations about the merits of diversity . “There's a lot of good intention, but nothing's happening. There's a lot of...
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JP Morgan Warns Donald Trump's Confidence in Economy Could Result In 'Major Miscalculation'

1 hour ago   |   Newsweek

Although the economy has remained strong despite sanctions, JP Morgan warned Trump not to get overly optimistic.
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Can Nigeria Solve Its Energy Crisis?

2 hours ago   |   Foreign Affairs

To meet the economic aspirations of its booming, youthful population, Nigeria needs to solve its energy crisis. Small-scale solutions, such as renewable home systems, are...
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U.S. consumer confidence hits 18-year high; house prices slowing

2 hours ago   |   Reuters

U.S. consumer confidence surged to an 18-year high in September as households grew more upbeat about the labor market, pointing to sustained strength in the economy despite an...
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Disrupting the supply chain: What happens to the black market when cannabis becomes legal?

Disrupting the supply chain: What happens to the black market when cannabis becomes legal?

2 hours ago   |   National Post

The federal government hopes that cannabis legalization will eliminate the black market, but not everyone wants to get out of the illegal pot business. The National Post spoke...
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Trump has leaders from around the world openly laughing at him at UN: ‘I didn't expect that reaction'

Trump has leaders from around the world openly laughing at him at UN: ‘I didn't expect that reaction'

3 hours ago   |   National Post

NEW YORK - President Donald Trump is highlighting U.S. gains under his watch as he opens his address to the U.N. General Assembly. Trump told leaders from around the world...
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Ride-Hailing Drivers Have Lost Half Their Income in the Last Five Years, Study Shows

4 hours ago   |   Fortune

Ride-hailing drivers are growing in numbers. But along the way, they're also hurting everyone's earning potential, according to a new study. Between 2013 and 2018, ride-hailing...
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US consumer confidence rises to 18-year high in September

4 hours ago   |   National Post

WASHINGTON - U.S. consumer confidence shot up to an 18-year high in September. The Conference Board, a business research organization, says its consumer confidence index...
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Latinos: A powerful force fueling small-business growth and driving $700 billion into the US economy

5 hours ago   |   CNBC

Latinos are driving small business growth and contributing $700 billion to the US economy every year. Despite challenges including access to capital their revenues jumped 26.5...
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Trump, Brexit, hit German growth: BDI

6 hours ago   |   Reuters

Germany's BDI industry association on Tuesday lowered its 2018 growth forecast for Europe's largest economy, citing weaker demand for German goods due to increased business...
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Versace fans are terrified that a $2 billion deal with Michael Kors will...

Versace fans are terrified that a $2 billion deal with Michael Kors will 'kill' the fashion brand. Here's what the companies say will actually change

Michael Kors is buying Versace in a $2.12 billion deal, the companies announced on Tuesday. Many fans expressed concern that the deal would be the death of Versace's reputation... Read more ...

Detroit ballpark employee arrested after being caught on video spitting on...

Detroit ballpark employee arrested after being caught on video spitting on customers' pizza

A video of a 20-year-old food service worker spitting on a pizza before serving it to customers at Comerica Park in Detroit went viral Saturday. Detroit Sportservice, the... Read more ...

Trump defends Kavanaugh and attacks his second accuser: She 'admits she was...

Trump defends Kavanaugh and attacks his second accuser: She 'admits she was drunk'

President Donald Trump on Tuesday defended Supreme Court nominee Brett Kavanaugh as he faces multiple allegations of sexual misconduct. At least two women have accused... Read more ...

Protesters heckled Ted Cruz and his wife out of a DC restaurant, and Beto...

Protesters heckled Ted Cruz and his wife out of a DC restaurant, and Beto O'Rourke has come to his opponent's defense

Rep. Beto O'Rourke defended Sen. Ted Cruz after protesters forced Cruz and his wife, Heidi Cruz, out of a Washington, DC restaurant on Monday. Protesters opposed to Brett... Read more ...

Dunkin' Donuts is officially dropping the 'Donuts' from its name despite...

Dunkin' Donuts is officially dropping the 'Donuts' from its name despite earlier backlash

Dunkin' Donuts announced it is officially dropping the "Donuts" from its name, going by simply "Dunkin'." The doughnut chain tested the new name at roughly 50 locations over... Read more ...

Santander poaches UBS investment bank chief Andrea Orcel as new CEO

Santander poaches UBS investment bank chief Andrea Orcel as new CEO

UBS investment banking head Andrea Orcel has been appointed the new group CEO of Santander. Orcel, a nine-year veteran of Switzerland's largest bank, will join Santander from... Read more ...

'You can kiss the midterms goodbye': Republicans fear for their election...

'You can kiss the midterms goodbye': Republicans fear for their election fate if Democrats defeat Brett Kavanaugh

Republicans fear that a failure to confirm Supreme Court nominee Mitch McConnell could hurt their chances of keeping House and Senate majorities in the midterm... Read more ...

Michael Kors agrees to buy Versace

Michael Kors agrees to buy Versace

Michael Kors has agreed to buy the Italian designer Versace in a deal that has an enterprise value of 1.83 billion euros. The global fashion luxury group also announced it will... Read more ...

Facebook has started hemorrhaging key executives, and the timing couldn't be...

Facebook has started hemorrhaging key executives, and the timing couldn't be worse

Facebook has lost six key executives over the past year, following the departure of Instagram cofounders, Kevin Systrom and Mike Krieger. It means CEO Mark Zuckerberg is... Read more ...

Labour officially says it will vote down Theresa May's Brexit deal

Labour officially says it will vote down Theresa May's Brexit deal

Labour is officially planning to vote down Theresa May's Brexit deal. The party will vote against the deal if it doesn't meet Labour's six Brexit tests "no ifs, no buts... Read more ...