Monthly Archives: June 2019

Iran tensions put ExxonMobil’s $53B Iraq oil deal on hold: report

Amid heightened tensions between the U.S. and Iran and reports of a nixed plan to strike Iran following the downing this week of a U.S. drone, business in neighboring Iraq is reportedly being hampered. Continue Reading Below Specifically, a $53 billion deal ExxonMobil was pursuing in the country is now indefinitely on hold, Iraqi government […]

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Should retailers hit by tariffs move back to the US?

President Trump is threatening to institute a 25 percent tariff on $300 billion worth of Chinese products if President Xi does not meet with him to discuss a trade deal. Curtis Ellis, America First policy director, believes that companies taking a stand against the President's tariffs should instead support his trade tactics. Continue Reading Below "I would […]

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S&P 500 soars to record high as investors expect interest rate cut

The S&P 500, a closely watched index of large corporation stocks, soared to a record high Thursday on Wall Street expectations for the Federal Reserve to cut interest rates. Continue Reading Below Despite equity gains, the second consecutive day of gains, the yield on the 10-year Treasury dipped to 2 percent, a signal that many investors […]

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Mexico ratifies USMCA trade deal with US, Canada

Mexico’s Senate took the lead on Wednesday by ratifying a trade deal with the U.S. and Canada by a large margin. Continue Reading Below The U.S.-Mexico-Canada Agreement (USMCA) – which was designed as a substitute for the North American Free Trade Agreement (NAFTA) – sailed through the country’s upper chamber with a vote of 114 […]

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Is Trump’s new deal with Mexico a game changer?

Acting Immigrations and Customs Enforcement Director (ICE), Mark Morgan believes President Trump's new deal with Mexico is a “game changer.” Continue Reading Below “Make no mistake, this is absolutely a game changer. If Mexico continues to follow through with what they promised, this is unprecedented, the 6,000 troops to their southern border, hundreds and hundreds […]

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Boeing CEO acknowledges ‘mistake’ in handling of cockpit warning problem before fatal Max jet crashes

Boeing CEO Dennis Muilenburg said Sunday that the company made a “mistake” in its handling of the implementation of the troubled cockpit warning system in its 737 Max jets prior to two fatal crashes, and said its communication with regulators and customers “was not consistent.” Continue Reading Below "We clearly had a mistake in the […]

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Boeing CEO acknowledges ‘mistake’ in handling of cockpit warning problem before fatal Max jet crashes

Boeing CEO Dennis Muilenburg said Sunday that the company made a “mistake” in its handling of the implementation of the troubled cockpit warning system in its 737 Max jets prior to two fatal crashes, and said its communication with regulators and customers “was not consistent.” Continue Reading Below "We clearly had a mistake in the […]

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What’s New with China’s Luxury Spending? Read Tencent x BCG 2019 Report

With a large pool of luxury players currently diving into China’s market, the country has become one of the most competitive business environments in the entire industry. The intensified competition requires brands to stay abreast of quickly-evolving Chinese shopping behaviors if they want to win the market’s daily battles — and, ideally, the long-term war. […]

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Cities where most residents have credit card debt of $10,000 and higher: report

A new analysis estimates which cities had the most amount of people living with a five-figure credit card debt. Continue Reading Below The report by CompareCards found about 1 in 6 cardholders living in some of America’s largest cities have a balance of $10,000 or more. The analysis found people living in the country’s richest […]

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A Brand Audit is the Only Way to Reach Millennials

Recently, a top manager at an indie beauty care brand confided that she was having a hard time describing her brand at one of their recent customer events. One wouldn’t assume anything was wrong with the brand. The leadership team members are all millennials — just like the target audience. The brand gets consistent 5-star […]

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