Business News - The Last 24 Hours

Why India should not worry about wealth migration
Indiatimes - 1 hour 30 min ago
When seen in conjunction with the rate of growth of millionaires in India, and the economic outlook for the country, the trend seems far less overwhelming.

Why 2018 may become a blockbuster year for mergers and acquisitions
Indiatimes - 1 hour 30 min ago
Recent cash flow trend suggests merger and acquisition season is around the corner, but not all deal-makers agree
Deutsche Welle - Siemens and Alstom sign rail merger deal to compete with China - 18 hours 34 min ago

Why Facebook's privacy woes may only be the tip of the iceberg, for both the site and users
CNBC - 2 hours 1 min ago
Was Facebook's apology too little too late? Recode managing editor Ed Lee thinks so.
CNBC - UK investigators search London office of firm at center of Facebook data storm - 7 hours 42 min ago
New York Times - Zuckerberg Takes Steps to Calm Facebook Employees - 20 hours 54 min ago
Reuters - Musk deletes Facebook pages of Tesla, SpaceX after challenged on Twitter - 20 hours 56 min ago
BBC - The week Facebook's value plunged $58bn - 21 hours 37 min ago
TechCrunch - Facebook was warned about app permissions in 2011 - 40 min 34 sec ago
Fox Business - Can Facebook restore public trust after privacy scandal? - 5 hours 25 min ago
Zero Hedge - Zuckerberg Scrambles To Calm Facebook Employees - 6 hours 15 min ago
BusinessInsider - I can't bring myself to break up with Facebook - and it's because I used the login to sign into all of my other accounts (FB) - 7 hours 34 sec ago
The Japan Times - Losing control with Uber and Facebook - 10 hours 30 min ago
Washington Post - ‘Looks lame anyway’: On a dare, Musk deletes Facebook pages of Tesla, SpaceX - 20 hours 26 sec ago
WSJ Video - The Key to Understanding Facebook's Current Crisis - 10 hours 34 sec ago
CNBC Video - How to download a copy of everything Facebook knows about you - 21 hours 38 min ago
Reuters Video - Facebook naysayers cash in - 22 hours 15 min ago

Meghalaya government, World Bank ink agreement for Rs 100-crore project
Indiatimes - 2 hours 30 min ago
Meghalaya CM Conrad Sangma said that the impact of global warming is already being felt across the length and breadth of the country and the world.

How Calls for Privacy May Upend Business for Facebook and Google
New York Times - 2 hours 39 min ago
Internet companies were built on a model in which people gave up their information for free services. Now, that idea is under siege.
Fox Business - Regulating Facebook, Google will hurt internet: Zuckerberg mentor - 22 hours 11 min ago

DoorDash CEO Tony Xu: We need to know about every pothole and parking spot to perfect food delivery
CNBC - 2 hours 44 min ago
DoorDash collects data on a restaurant-by-restaurant basis, CEO Tony Xu said, noting where the kitchen is and how busy or slow the storefront is at a particular time.
Reuters - JCDecaux open to bidding for U.S. peers but nothing planned: CEO - 5 hours 16 min ago
Indiatimes - Elan Group appoints Raj Kumar Singhal as CEO - 10 hours 29 sec ago
CNBC - Rio Tinto CEO predicts 'common sense would prevail' amid escalating trade tensions - 15 hours 6 min ago

San Francisco Fed's Williams Is N.Y. Fed Frontrunner, WSJ Says
Bloomberg - 2 hours 59 min ago
Federal Reserve Bank of San Francisco President John Williams is the leading candidate to replace William Dudley as head of the New York Fed, the Wall Street Journal reported.
CNBC - San Francisco Fed’s John Williams is front runner for New York Fed President position: Report - 4 hours 38 min ago

'Intra-Africa free trade system holds great promise for India'
Indiatimes - 3 hours 28 sec ago
AfCFTA would simultaneously reduce the reliance on donor funding in many countries, they believe.
Zero Hedge - Central Banks Have Killed Free Trade - 3 hours 15 min ago

Emerging opportunity: Amid a global sell-off, developing markets may come out on top
CNBC - 4 hours 34 sec ago
Some market participants are identifying emerging markets as one value play to consider.

Trump is reportedly preparing to expel Russian diplomats in response to UK poisoning incident
CNBC - 4 hours 2 min ago
The U.S. considers Russian diplomats to be undeclared spies, conducting intelligence operations under the guise of being embassy staff.
Bloomberg - Trump Plans Expulsion of Russian Envoys Over U.K. Attack - 5 hours 19 min ago
Zero Hedge - Trump To Expel "Dozens Of Russian Diplomats" In Response To Skripal Poisoning - 3 hours 41 min ago

Students March to Demand Stricter Gun Laws After Mass Shootings
Bloomberg - 4 hours 38 min ago
Thousands of high school students and other gun-control advocates gathered in Washington and across the U.S. Saturday to demand tougher firearms restrictions from an older generation that’s delivered little change after years of mass shootings.
LA Times - A survivor says the mass shooting in Las Vegas should have been stopped - 58 min 34 sec ago
BusinessInsider - This 15-year-old Florida shooting survivor was shot 5 times while saving 20 of his classmates — and now his family is trying to raise $1 million for his hospital bills - 5 hours 11 min ago

You’re probably paying more for your car loan or mortgage than you should
CNBC - 4 hours 48 min ago
Most Americans fail to shop around for interest rate bargains.

Foreigners worked for Cambridge on NC Senate campaign, ex-staffer says
Euronews - 5 hours 41 min ago
A former Cambridge Analytica staffer says foreigners were embedded in U.S. campaigns and making decisions, despite a legal memo that advised otherwise.
Euronews - UK regulators search Cambridge Analytica offices following Facebook data scandal - 18 hours 4 min ago
CNBC - UK High Court grants Cambridge Analytica search warrant to ICO - 23 hours 54 min ago
TechCrunch - Cambridge Analytica raided by UK data watchdog - 3 hours 30 min ago
BusinessInsider - New details emerge about Steve Bannon's ties to Cambridge Analytica - 5 hours 2 min ago
Zero Hedge - UK Data Regulator To Raid Cambridge Analytica Offices - 23 hours 52 min ago

Apple's Tim Cook urges calm amid US, China trade war fears
Indiatimes - 6 hours 29 sec ago
Tension between the two countries mounted after Trump announced tariffs on up to $60 billion worth of Chinese goods annually to counter Beijing's allegedly unfair trade practices in the technology sector.
CNBC - Meet the man who created Apple's most iconic sounds: Sosumi, the camera click and the start-up chord - 7 hours 34 sec ago
Indiatimes - Apple's Tim Cook calls for calm heads on China, US trade - 15 hours 29 sec ago
BusinessInsider - Here's how Amazon's and Apple's new smart speakers stack up with consumers (AMZN, AAPL) - 8 hours 52 min ago
Fox Business - Some Android Rivals Simply Can't Afford to Compete With Apple's Face ID - 19 hours 8 min ago
CNBC Video - Meet the man who designed Apple's most iconic sounds - 7 hours 2 min ago

Punjab brings new tax for salaried class, budget focuses on fiscal consolidation
Indiatimes - 7 hours 29 sec ago
The budget's key focus areas remained agriculture and farmer welfare, industry, health, employees and students.
CNBC - These tax breaks are vanishing. Grab them while you can - 10 hours 30 min ago
Fox Business - Is This Tax Change a Crushing Blow to MLPs? - 5 hours 13 min ago

Trump’s Tariffs Keep Allies, Markets and Industry Guessing
New York Times - 8 hours 28 sec ago
A chaotic rollout of steel and aluminum tariffs, including a last-minute list of countries temporarily exempted from them, has left trade experts puzzled.
Indiatimes - No more free reign to China: Trump after announcing tariffs - 15 hours 29 sec ago
New York Times - Trump’s Tariff Moves: What You Need to Know - 23 hours 39 min ago
Fox Business - Some fear steel tariff could hurt auto industry in the South - 4 hours 27 min ago
SCMP - US politicians may face voters’ ire as China hits US farm products over Donald Trump’s tariffs - 20 hours 36 min ago
LA Times - California farmers, winemakers kick dirt over Chinese tariffs - 21 hours 10 min ago
CNBC Video - China fights back on steel, aluminum tariffs - 23 hours 5 min ago

Airlines Draw U.K. Scrutiny Over Extra Fees
Bloomberg - 8 hours 50 min ago
Airlines are coming under U.K. government pressure to disclose more information about hundreds of pounds worth of extra fees that can hit passengers after they book flights.
Reuters - American Airlines: 'No final decisions have been made' on jet order - 22 hours 39 min ago
LA Times - United Airlines passenger gets $10,000 voucher to give up seat on overbooked flight - 4 hours 34 sec ago
BusinessInsider - Airlines are increasingly using vouchers over cash — here are the secrets for how to use them (AAL, UAL, DAL, LUV) - 22 hours 2 min ago

Indian economy growing, but not generating jobs: Rahul Gandhi
Indiatimes - 9 hours 30 min ago
Gandhi, who is on a two-day visit to the poll-bound Karnataka's old Mysuru region, was taking questions from the students in the 30-minute long interaction.

Globalisation's backlash is here, at just the wrong time
Indiatimes - 10 hours 29 sec ago
It is tempting to think of globalization as a constant process, but historically that’s not the case. The tariff war between the US and China may reset the terms of global economy.

Row in Italy's Center-Right Raises Risk of Populist Government
Bloomberg - 10 hours 18 min ago
A row between Italy’s League leader Matteo Salvini and ex-premier Silvio Berlusconi has raised the prospect of a government formed by the League and the Five Star Movement -- a worst-case populist pact that alarms investors.

India may move WTO alone against US
Indiatimes - 10 hours 30 min ago
Brazil, South Korea, Japan and EU questioned the US action (without naming it) when trade ministers and envoys from over 50 countries met in the Capital on Tuesday.
Indiatimes - Nations’ bilateral parleys with US threat to WTO: Experts - 15 hours 30 min ago
The Japan Times - U.S. metal-tariffs showdown at WTO to shake world trade order - 14 hours 30 min ago

Top economists and business leaders weigh in on the risks of a US-China trade war
CNBC - 10 hours 58 min ago
World-renowned economists and executives discussed the possible impact of a trade war from an annual meeting in Beijing.
Bloomberg - Executives Voice Trade-War Concerns at China Forum - 11 hours 17 min ago
New York Times - For the U.S. and China, a Technology Cold War That’s Freezing Over - 22 hours 45 min ago
SCMP - China should not seek high growth as financial risks mount, warns government official - 12 hours 29 min ago
Fox Business - China's economic czar tells US Beijing will defend interests - 16 hours 32 min ago

Stocks now in downward spiral, as political risk becomes bigger threat than rising interest rates
CNBC - 20 hours 47 min ago
Political risk has replaced rising interest rates as the bigger fear in the stock market.
BusinessInsider - The Fed just raised interest rates — here's how it happens and why it matters - 5 hours 29 min ago
The Japan Times - Mega-banks to slash new hires in spring 2019 as ultralow interest rates take toll - 6 hours 30 min ago

Boeing reportedly set to win American wide-body jet order
CNBC - 21 hours 22 min ago
Boeing is close to winning a keenly fought contest to supply 787 Dreamliner jets to American Airlines.
Reuters - Boeing set to win American wide-body jet order: sources - 22 hours 17 min ago
24/7 Wall St. - Boeing Reportedly Beats Airbus for American Airlines Order - 6 hours 50 min ago

Wall Street nosedives as investors flee on trade war fears
Reuters - 22 hours 54 min ago
NEW YORK (Reuters) - Wall Street tumbled on Friday with more than 1,000 points knocked off the Dow in two days as investors, increasingly nervous about a potential U.S. trade war with China, shied away from risk ahead of the weekend and sought shelter from further losses.
Reuters - Wall Street nosedives on trade-war worries - 23 hours 52 min ago
BusinessInsider - The most successful banks on Wall Street in 2017 (JPM, GS, C) - 6 hours 25 min ago
SCMP - After US$900 billion plunge in global equity markets, here’s what Wall Street is saying - 23 hours 18 min ago
Reuters Video - Wall St nosedives on trade war fears - 22 hours 55 min ago

Start-up factory Y Combinator notched its first IPO with Dropbox, and others are on the horizon
CNBC - 22 hours 57 min ago
Influential start-up accelerator Y Combinator has seen its portfolio companies snapped up in deals worth over $1 billion before, but Dropbox marked its first alumnus to go public.
Reuters - Dropbox shares close up 35 percent in biggest tech debut since Snap - 23 hours 40 min ago
BusinessInsider - Dropbox just went public and is now worth $20 billion — now read the CEO's application for its first round of funding (DBX) - 5 hours 19 min ago
Fox Business - Considering Buying Dropbox Stock? Read This First. - 22 hours 23 min ago
TechCrunch - Drew Houston on wooing Dropbox’s IPO investors: “We don’t fit neatly into any one mold” - 22 hours 41 min ago
CNBC Video - Cramer: Dropbox deserves to trade like a cloud king, but be careful buying - 21 hours 34 sec ago

What Warren Buffett says to do when the market tanks
CNBC - 23 hours 24 min ago
In 2016, when the market fluctuated, Warren Buffett gave some great advice.
CNBC - Warren Buffett recommends investing in index funds — but many of his employees don’t have that option - 23 hours 48 min ago

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