Objectief

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American Express still faces hurdles from Costco

After a series of tough quarters, American Express beat analyst expectations in Q3.<p>The firm's success was propelled by "strong operating discipline and credit quality," according to CEO Ken Chenault. But as Amex looks to cut $1 billion in costs over the course of the next several quarters in the …

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This is Rally 4 | The best scenes of Rallying (Pure sound)

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Politics will be so much more boring without Donald Trump – and so much less dangerous

If Trump does not win the Presidential prize, I predict that the next big story will be the collapse of his business empire.<p>He has taken his eye off …

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Banks ponder the meaning of life as Deutsche agonizes

WASHINGTON (Reuters) - It wasn't just Deutsche Bank that was grappling with big questions about the future at the International Monetary Fund meetings in Washington last week.<p>The German bank is scrambling to overhaul its operations as it faces a multi-billion dollar fine for selling toxic …

Ex-Wells Fargo Branch Manager Says She Was Fired for Not Meeting Aggressive Goals

Former Wells Fargo employee Julie Miller traveled to Washington, D.C. this week to see her former CEO, John Stumpf, testify before the House financial services committee.<p>She was happy to see Stumpf on the hot seat, questioned aggressively by Republicans and Democrats.<p>"We were led by fear and …

The 30-year long bond bull market is over

Those days are long gone though. With overnight rates hovering just over 0% and long rates sinking ever lower the days of high bond returns are in the rear view mirror. Sure, inflation could jump in the coming years, but we still know that current yields predict low future returns and I think …

10 things you need to know today

<b>The Bank of England says Brexit isn't killing the economy.</b> "As yet, there was no clear evidence of a sharp general slowing in activity," said the BOE's July "Agents' summary of business conditions." The central bank did suggest, however, that there was still a high degree of uncertainty as …

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A huge oil producer is trying to ramp up exports — but the market isn't buying it

In the beginning of July, Libya's two rival oil companies — the National Oil Corp., based in the western city in Tripoli, and its eastern counterpart, which sits in Tobruk — agreed to merge.<p>It's a complicated deal because of Libya's complicated government. The Wall Street Journal reported at the …

5 Billionaires Who Grew Up Poor

Humble beginnings on Chicago's South Side shaped Larry Ellison's perspective.<p>What does it take to become rich? While many of today’s millionaires and …

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What Is Cap Rate? The Key to Real Estate Riches

If you're thinking of investing in real estate by buying a home and renting it out, there's just one term you'll need to know above all else: "cap rate." So what is it?<p>Cap rate, or capitalization rate, is the ratio of a property's net income to its purchase price. It's an essential number for …

Download contacts from iPhone to Mac

The improvements in technology are making people a bit lazy. There was a time when you had to rack your brains or search your phone book for …

Trump teases Newt as possible VP: He 'is going to be involved with our government'

The former Republican congressman, who ran for president in 2012, is rumored to be on Trump's vice-presidential shortlist.<p>During a Trump campaign rally in Ohio, the crowd starting cheering, "Newt! Newt! Newt!," to which Trump replied, "Wow. ... I like that too. We like Newt."<p>He continued: "Newt has …

Jobs report crushes expectations

It was the biggest gain in eight months and was stronger than even the most optimistic forecasts among economists. Their median estimate was for a nonfarm-payroll gain of 180,000, according to Bloomberg.<p>At stake in this jobs report was confirmation that a hiring slowdown had not hit the US economy. …

Dallas Shooting: Donald Trump And Hillary Clinton Strike Different Tones

This week's police-related shootings have added more uncertainty to an already tumultuous campaign. NPR editor Domenico Montanaro discusses the possible political fallout with NPR's Lynn Neary.<p>Transcript<p>LYNN NEARY, HOST:<p>This is WEEKEND EDITION from NPR News. I'm Lynn Neary. We're going to take a …

Hugh Hefner Agrees to Sell Playboy Mansion

The famed Los Angeles mansion of Hugh Hefner, founder of the Playboy empire, is under contract to be sold to private equity executive Daren Metropoulos, a Playboy Enterprises spokesman said on Monday.<p>The Gothic Tudor-style mansion, which has an area of 20,000 square feet (1,858 square meters), was …

Even Before Harambe, CEOs Forced to Acknowledge Animal Rights

Even before the backlash of Harambe, the Cincinnati Zoo gorilla who was shot and killed after a three-year-old boy fell into his exhibit, major corporations and high profile CEOs were already shifting their business models in regards to animal protection.<p>“There’s an incredible revolution that is …

De 7 leukste hotspots van Breda

Stedentrip in Nederland? Kom naar het zonnige zuiden! Breda is een heerlijke stad om een weekendje door te brengen, maar ook voor een dagje is het …

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