Business News - The Last 24 Hours

Court order trips tax hounds in hunt for secret foreign assets
Indiatimes - 36 sec ago
As tax havens began sharing information, laws have been strengthened over the years to bring undisclosed foreign assets under the tax net.
Indiatimes - Localisation heat: Data bank here may help government debit taxes - 30 min 35 sec ago
CNN - California abandons plan to tax text messages - 8 hours 25 min ago
Fox Business - 4 Tax Mistakes to Avoid in 2019 - 15 hours 12 min ago
The Japan Times - Jared Kushner-linked firm targets gentrifying areas in program for poor under new tax-break law - 6 hours 30 min ago
LA Times - San Diego auditing marijuana dispensaries as tax revenue starts to roll in - 8 hours 35 min ago
NY Post - Tax cuts are causing a massive US debt deficit, believe it or not - 15 hours 39 sec ago

Modi’s plans for India’s central bank borrow from the future
SCMP - 30 min 40 sec ago
It has been a rough week for Indian Prime Minister Narendra Modi – and a troubling one for investors in South Asia’s emerging economic giant. Last weekend, voters in three key states turned away from Modi’s ruling Bharatiya Janata Party (BJP), choosing instead the opposition Congress party in ...
Reuters - Ten years on, Fed's long, strange, trip to zero redefined central banking - 13 hours 7 min ago

China’s Tesla challenger Nio ‘not worried’ by tariff cuts, sees customer service as providing edge over US competitors
SCMP - 1 hour 29 min ago
Nio, known as a Tesla challenger in mainland China, has stepped up a gear to consolidate its foothold in the mainland’s electric vehicle (EV) market, launching its second model targeting a broader customer base. William Li Bin, chairman and founder of the Shanghai-based electric carmaker, said tha ...
Indiatimes - India again postpones levying retaliatory tariffs on US goods to Jan 31 - 8 hours 36 sec ago

Mediator: More Powerful Than a Russian Troll Army: The National Enquirer
New York Times - 1 hour 39 min ago
Now that the supermarket tabloid has admitted to prosecutors that it did political dirty work for Donald Trump, here’s a look at its unlikely power.
Euronews - Poll: 62 percent say Trump isn't telling the truth in Russia probe - 12 hours 30 min ago
MarketWatch - Key Words: Russia used every major social network to aid Trump, report finds - 3 hours 5 min ago

U.S. oil prices inch up, but global economic concerns weigh
Reuters - 1 hour 41 min ago
U.S. oil prices edged up on Monday amid a fall in drilling activity in the United States, but lingering concerns about weaker economic growth in major economies kept a lid on gains.
Fox Business - Oil Prices: Is the Bear-Market Mauling Finally Over? - 5 hours 55 min ago

US-China trade war could ‘severely undermine’ global merger activity in 2019, says Baker McKenzie report
SCMP - 2 hours 27 min ago
The trade war between the United States and China could weigh heavily on sentiment for corporate deals as soon as next year if the world’s two largest economies are unable to reach an accord on trade in the coming months, legal experts said. In a new report, the law firm Baker McKenzie said an esc ...
Indiatimes - Trade war: Signs of progress in US-China talks - 22 hours 30 min ago
SCMP - There is a ceasefire in the US-China trade war. So who waved the white flag first? - 23 hours 30 min ago
BusinessInsider - Trump's trade war could cost every middle-class American family $453 and could eliminate 292,000 US jobs - 11 hours 57 min ago

Apple Masses the Biggest Heart Study Ever
Fox Business - 2 hours 42 min ago
The number of enrollees is staggering and led to much more than bragging rights.
Fox Business - Apple Stock Below $170: Time to Buy? - 10 hours 25 min ago
BusinessInsider - Apple is dropping $1 billion on a huge new campus in Austin, Texas - 12 hours 40 sec ago

Deutsche Bank ready to help German companies’ China ambitions as trade war pushes Beijing closer to Europe, says Asia chief
SCMP - 2 hours 57 min ago
Deutsche Bank said it is ready to support German companies’ growing ambitions in China. It expects German firms to increase their investments as the US-China trade war prompts Beijing to deepen its ties with Europe, according to the banking giant’s Asia-Pacific boss. As the trade war with the US ...
Reuters - Qatar considering increasing its stake in Deutsche Bank: Handelsblatt - 9 hours 11 min ago

US stock futures fall slightly in early trading after Friday's big losses
CNBC - 3 hours 24 min ago
Dow futures fell to start the week on Wall Street after all three major U.S. indexes closed in correction territory for the first time since March 2016 in the prior trading session.
CNN - 15-year-old climate activist accuses world leaders at COP24 of stealing kids' futures - 5 hours 50 min ago
Zero Hedge - S&P Futures Break As CME Reports Globex Connectivity Issues - 2 hours 15 min ago

Facebook's Pay-TV Plans Don't Make Much Sense
Fox Business - 4 hours 40 sec ago
Do people really want to watch HBO shows on Facebook?
New York Times - Facebook’s Version of YouTube Takes Shape With Pranksters, Magicians and Cartoons - 6 hours 7 min ago
Zero Hedge - "They Used Us For Crisis PR" - Facebook's Factcheckers Are In Open Revolt - 6 hours 55 min ago

These 3 Retailers Are Growing Digital Sales Much Faster Than Amazon
Fox Business - 4 hours 11 min ago
These brick-and-mortar stores may have cracked to code for competing with the online juggernaut.
Fox Business - Better Buy: Netflix vs. Amazon - 4 hours 13 min ago
BusinessInsider - Apple threw shade on Amazon with the stealthy selection of its very own HQ2 - 11 hours 59 min ago

Start your Monday smart: Weinstein, asylum rule, Fed rates, Putin, shutdown, winter
CNN - 4 hours 14 min ago
Harvey Weinstein heads to court. Michael Flynn learns his fate. Asylum rules face scrutiny. Interest rates may go up. Putin takes the mic. James Comey goes to the Hill. Here's what the next six days will bring.
Indiatimes - White House digs in on border wall demand, risking shutdown - 7 hours 30 min ago
The Japan Times - Democrat leader Chuck Schumer says it’s up to Trump to avert government shutdown - 6 hours 30 min ago
LA Times - White House moves toward government shutdown, vowing 'whatever is necessary' to secure money for a border wall - 7 hours 10 min ago
Zero Hedge - "No Wall In Any Form": Govt Shutdown Odds Explode Amid Trump-Schumer Standoff - 10 hours 45 min ago

Renault seeks Nissan shareholder meeting as Ghosn crisis deepens
Reuters - 4 hours 32 min ago
Renault requested a full Nissan shareholder meeting, a source close to the company said - appearing to escalate the carmaker's standoff with its Japanese alliance partner in the wake of the pay scandal engulfing Chairman and CEO Carlos Ghosn.
CNBC - Renault said to demand Nissan shareholder meeting amid crisis over Carlos Ghosn's arrest - 5 hours 19 min ago

Disney fires actor after police say he tried to meet a 13-year-old for sex
CNN - 4 hours 57 min ago
Stoney Westmoreland has been released from his recurring role on the Disney Channel show "Andi Mack" after being arrested by police in Salt Lake City, according to the Disney Channel.
Fox Business - If Disney Gets 100% of Hulu, Watch Out, Netflix - 15 hours 14 min ago

Revenue Trends Remain Stable at JetBlue and Southwest Airlines
Fox Business - 5 hours 10 min ago
Shares of JetBlue Airways and Southwest Airlines have plunged in recent weeks, but there's no reason for investors to be concerned.

Millennials Have Lofty Savings Goals, but Also Have the Potential to Achieve Them
Fox Business - 6 hours 11 min ago
It's all about setting priorities.
CNBC - Chicago Cubs manager Joe Maddon reveals the book he says is helping him manage millennial players - 11 hours 20 min ago

Shareholders call on ExxonMobil to set greenhouse gas reduction targets
Reuters - 6 hours 13 min ago
A number of institutional investors in ExxonMobil Corp have said they will file a shareholder resolution which calls on the world's largest oil company to set targets for lowering its greenhouse gas emissions.
Fox Business - Better Buy: ExxonMobil Corporation vs. Chevron Corporation - 7 hours 28 min ago

French government may back Michelin CEO for Renault chairman: paper
Reuters - 6 hours 41 min ago
The French government is considering backing Michelin chief executive Jean-Dominique Senard for the chairmanship of Renault , replacing embattled CEO Carlos Ghosn, Le Figaro reported on Sunday, citing several sources.
Fox Business - Insider Q&A: CVS Health CEO seeks bigger role in your care - 11 hours 29 min ago

Renault calls for Nissan shareholder meeting: WSJ
Reuters - 6 hours 53 min ago
Renault SA has sent a letter to its alliance partner Nissan Motor Co Ltd , urging the Japanese carmaker to call a meeting of its shareholders "as promptly as practicable", the Wall Street Journal reported on Sunday.

May defies calls for second referendum & waits on Europe
Euronews - 7 hours 30 min ago
British Prime Minister Theresa May appears convinced the EU will supply her with something to win her parliamentary vote, now due in January, but more and more voices are calling for a second referendum.
Fox Business - UK spat: Theresa May, Tony Blair trade Brexit snipes - 13 hours 1 min ago
Euronews - Theresa May accuses Tony Blair of 'undermining' Brexit negotiations - 15 hours 5 min ago
Zero Hedge - May's Cabinet Denies "Second Referendum" Rumors As MPs Wonder: "What On Earth Do We Do Next?" - 8 hours 45 min ago

Netflix’s Movie Blitz Takes Aim at Hollywood’s Heart
New York Times - 7 hours 37 min ago
“Roma” is just the start of the company’s film plans. Traditional studios and multiplex chains are wondering if the strategy will cause people to skip theaters.
MarketWatch - Netflix reportedly set to produce 90 movies a year, with budgets up to $200 million - 1 hour 22 min ago
TechCrunch - Original Content podcast: Netflix’s ‘Mowgli’ offers a darker take on Kipling’s ‘Jungle Book’ - 4 hours 28 min ago

The global stock market sell-off was 'not an isolated event' — expect more sharp falls next year
CNBC - 7 hours 39 min ago
The latest wave of heavy selling in financial markets offers a clear sign of things to come, according to a new report from the BIS.
MarketWatch - NewsWatch: Here’s why the Fed won’t save the stock market, despite its worst December start since 1980 - 4 hours 30 min ago

Forget big oil. Google is the new target for activists
Indiatimes - 8 hours 30 min ago
60 human rights groups want Google to end its efforts to launch a censored search engine in China.
CNBC - Google CEO Sundar Pichai had a tough and terrible year — but it was still better than Facebook's - 11 hours 9 min ago

US and China feud. Canada pays the price
CNN - 9 hours 38 min ago
Canada may have simply honored a routine extradition warrant, but it now finds itself in an unenviable tug of war between the US and China, as the two superpowers debate their trade deals.
The Japan Times - USTR Robert Lighthizer called tough negotiator in Trump’s shadow, shares mistrust over China - 6 hours 30 min ago

UK flirts with second referendum to escape eternal Brexit chaos
CNN - 10 hours 47 min ago

Indiatimes - Brexit pressure rises, but UK government says no to second vote - 14 hours 36 sec ago
BBC - Ministers deny planning no-deal Brexit holiday warnings - 15 hours 37 min ago
The Guardian - Brexit hasn't broken UK plc but it has stopped much-needed repairs - 11 hours 33 min ago
The Japan Times - British minister says any decision on Brexit deal will happen in New Year - 12 hours 30 min ago

Wall Street looks to Fed outlook Wednesday for early Christmas gift
Reuters - 12 hours 2 min ago
Investors are eager for a touch of Christmas cheer from the U.S. Federal Reserve next week, hoping for signs the central bank may ease up on interest rate hikes next year and spark a Santa Claus rally.
CNN - This is why presidents shouldn't mess with the Fed - 13 hours 12 min ago

Will landing be soft or "chaotic" as Fed begins to stop rate hike cycle
Reuters - 13 hours 3 min ago
In June 2006, the U.S. Federal Reserve raised interest rates for a 17th consecutive time but cushioned the increase with a strong signal that officials were ready to stop the tightening cycle.
New York Times - With Interest: The Week in Business: Apple Expands in Austin, and the Fed Gears Up on Interest Rates - 14 hours 30 min ago
NY Post - Obscene interest rates continue to bury students in loan debt - 15 hours 25 min ago
The Guardian - Fed chairman in Trump’s sights as decision on interest rates nears - 19 hours 30 min ago

Indonesia, EFTA sign long delayed free trade deal
Reuters - 14 hours 18 min ago
Indonesia on Sunday signed an economic agreement with the European Free Trade Association (EFTA) aimed at increasing trade and investment, concluding almost eight years of negotiations.

UN calls for 'credible' probe into Jamal Khashoggi murder
Indiatimes - 14 hours 30 min ago
Saudi Arabia has repeatedly rejected Turkish demands to extradite suspects connected to the murder of the journalist, a critic of Crown Prince Mohammed bin Salman.
CNBC - Turkish foreign minister criticizes Saudis; says 'didn't share anything' on Khashoggi murder - 15 hours 50 min ago
The Japan Times - U.N. chief calls for ‘credible’ probe into slaying of journalist Jamal Khashoggi at Saudi Consulate - 3 hours 30 min ago
CNBC Video - US probably knows more than we do about Khashoggi killing, Turkey says - 16 hours 44 min ago

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