Business

Why Exxon Was Fined $2 Million

The U.S. Treasury Department slapped a $ 2 million fine on Exxon Mobil for violating Russia-related sanctions in 2014 when Rex Tillerson, who is now the U.S. secretary of state, was the company’s CEO. At issue are the sanctions the U.S. imposed on Russia following its invasion in 2014 of Ukraine’s Crimea and an energy deal Exxon signed soon after More...

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By martin On Thursday, July 20th, 2017
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The Limits of ‘Made in America’ Economics

The White House has branded this, the 29th week of the year, Made in America Week. As part of the week, administration officials are promoting American products and outlining a strategy to roll back the North American More...

By martin On Thursday, July 20th, 2017
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Chipotle is falling after it confirms norovirus is behind the recent illness outbreak (CMG)

Hollis Johnson Chipotle is down 2.40% on Thursday after health officials confirmed that Norovirus was behind the rash of sickness reported by people who ate at one if its restaurants. The fast-casual burrito More...

By martin On Thursday, July 20th, 2017
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China’s Tough-Talking Theme-Park Mogul Surrenders to Minnie Mouse

Without the drawing power of Disney’s familiar stories and characters, Billionaire Wang Jianlin fails to crack the industry’s U.S. dominance. “I want to be Minnie.” WSJ.com: What’s News US  More...

By martin On Thursday, July 20th, 2017
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Slack courts developers with new tools as competition heats up

(Reuters) — Slack Technologies on Wednesday showcased new tools designed to make it easier for developers to build apps for the company’s workplace collaboration software. The developer conference was More...

By martin On Thursday, July 20th, 2017
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Blackberry wins the right to sell secure messaging tools to the US government

AP (Reuters) – BlackBerry Ltd said on Thursday it has won the right to sell tools for encrypting phone calls and text messages to the U.S. federal government, garnering an endorsement from the National Security More...

By martin On Thursday, July 20th, 2017
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GOLDMAN SACHS: There’s still a killing to be made this earnings season

AMC Earnings season has the potential to be more lucrative than ever for stock traders, yet investors still haven’t caught on. In recent quarters, reporting companies have seen their shares More...

By martin On Thursday, July 20th, 2017
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Dallas is about to get its first female police chief

Detroit Police Department via Texas Tribune DALLAS — The Dallas Police Department has a new police chief. Sources told WFAA that City Manager T.C. Broadnax has hired Detroit Deputy Chief Ulysha Renee Hall, More...

By martin On Thursday, July 20th, 2017
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Receipt Bank raises $50 million to help bookkepers automate data extraction from invoices

Receipt Bank, a fintech startup that helps companies automate elements of their bookkeeping, has raised $ 50 million in a series B round of funding from Insight Venture Partners. Founded out of London in 2010, More...

By martin On Thursday, July 20th, 2017
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‘A hero to our country’: Bipartisan support pours in after John McCain’s brain tumor diagnosis

Associated Press/Mindaugas Kulbis Lawmakers are responding to news that Sen. John McCain has been diagnosed with an aggressive form of brain cancer. McCain is expected to undergo treatment for a glioblastoma found More...

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