Wall Street, long obsessed with quarterly profits, has a message for chief executives of big established companies: Pick up the pace of innovation and make riskier bets sooner.
Technology companies, which have led the market's recent rally, are slightly lower as video game companies skid and energy companies are sliding.
Household goods companies are rising as beauty products makers Ulta and Coty climb.
Small-company stocks made huge gains last year following the presidential election, but they haven't done as well as the rest of the market this year.
Investors hoped that President Donald Trump's agenda of tax cuts and looser regulations would boost the U.S. economy and help those companies do more business.
Without much major news to move stock prices, investors continued to trade on company reports.
Costco Wholesale rose $3.13, or 1.8 percent, to $177.86 after the warehouse club had a strong quarter as sales and member payments both increased.
GameStop's first-quarter results were stronger than analysts expected, but sales of wireless devices were weaker than investors expected.
Crude oil prices inched higher after a sharp drop the day before.
On Thursday a group of 24 nations including the OPEC countries agreed to a nine-month extension of a cut in oil production.
When sales are low there are various things that can be done. You can use many strategies and make so many site modifications. A part of the strategies that can be used are connected to pricing.
When your storefront is attractive and sales are slow, although traffic is good, you can use various pricing strategies to increase sales. It does not matter if you sell textbooks online or if you sell something more expensive like refrigerators.
Try these strategies.
1. Cover All Price Ranges
The customers that visit the online store have different price points and objectives.…
WASHINGTON (Reuters) - The U.S. economy slowed less than initially thought in the first quarter, but there are signs it could struggle to rebound sharply in the second quarter amid slowing business investment and moderate consumer spending.
French designer shows off DIY robot in public for 1st time
The life-size plastic model responded to English-language commands Friday, picking up and dropping a small ball and swiveling its head to follow people.
Designer Gael Langevin unveiled the robot at a technology fair in Romania this week.
U.S. stocks were little changed in late morning trading on Friday, following six straight days of gains, as investors took a breather ahead of a three-day holiday weekend.
(Reuters) - U.S. stocks were little changed in late morning trading on Friday, following six straight days of gains, as investors took a breather ahead of a three-day holiday weekend.
DETROIT (AP) — Ford's former CEO Mark Fields is leaving the company with an estimated $51.1 million in cash, stock awards and pension benefits.
Ford made record profits during his tenure but its stock price dropped nearly 40 percent on investors' concerns about the company's future.
China’s central bank is adjusting the mechanism for setting the currency’s daily fix to smooth out fluctuations against the dollar, an acknowledgment that the country is hitching the yuan’s value closer to the U.S. currency.
U.S. economic growth in early 2017 was stronger than initially thought, and broad growth is poised to pick up in the current quarter.
Trans-Atlantic tensions over trade and climate change hung over the start of the Group of 7 summit Friday in Sicily, the last stop in President Donald Trump’s first overseas trip since taking office.
The gross domestic product — the broadest gauge of the economy — expanded in the January-March quarter at a 1.2 percent annual rate, the government said Friday.
The government's upgraded estimate of first-quarter growth reflected new-found strength in consumer spending, business investment and state and local government spending.
Many experts have dismissed the notion that the economy can achieve a consistent annual growth rate of at least 3 percent at a time of sluggish worker productivity, an aging workforce and slower spending by consumers — on top of Trump's proposed spending cuts to education, research and social programs.
Analysts generally say consumer spending is likely expanding in the current quarter at a much faster rate, lifted by modest income gains and by the tendency of consumers to spend more at a time of rising stock prices and home values.
VIENNA (Reuters) - As OPEC's latest meeting wrapped up in Vienna on Thursday night, ministers congratulated each other on its rare spirit of amity and consensus. The talks were, without a doubt, a success.
Cars.com and a handful of sponsors have pulled their ads from the Fox News star’s nightly opinion show after he advanced a conspiracy theory about the death of Democratic National Committee staffer Seth Rich.
(Reuters) - General Motors Co said on Friday proxy adviser Glass Lewis & Co LLC recommended shareholders to vote for GM's board nominees and against Greenlight Capital's proposal at the company's annual shareholder meeting in June.
VIENNA (Reuters) - First, they ignored each other. Then, they went into a bruising fight. Finally, they are talking, albeit with opposing agendas.
The kingdom is hoping to launch what would be the world’s largest IPO, but first it has to decide whether the oil giant will continue as a de facto arm of the monarchy.
Senior Trump administration officials split with each other publicly Thursday on a core feature of the president’s tax plan.
Best Buy, the electronics giant left for dead a few years ago, is bucking America’s retail slump by turning its cavernous stores from a potential drag on its business into a way to fend off Amazon.
After a weak outlook from video game retailer GameStop, Activision Blizzard fell 1.3 percent and Electronic Arts lost 1.3 percent.
The Standard & Poor's 500 index slipped 2 points, or 0.1 percent, to 2,412, a day after setting its latest record high.
The U.S. economy slowed less than initially thought in the first quarter, but there are signs it could struggle to rebound sharply in the second quarter amid slowing business investment and moderate consumer spending.
So, you’ve just grabbed yourself a brand new office space and, quite simply, you don’t know what to do with it. So much room, yet you can’t think of a way to optimise it. Even if you think the perfect office is within your grasp without any elbow grease, there’s always something to improve.
Most businesses don’t feel as though they need to change much. Most will have everything they need, where they need it, at any time. One area that seems to cause a small issue is the warehouse.
Warehouses are usually full of space, but are only used for the function of deliveries and holding company stock.…
The top 200 chief executives, who make more than last year, are holding meetings with President Trump, who is considering rolling back Dodd-Frank regulations.
(Reuters) - U.S. home prices look poised to rise at a robust pace over the next few years, mainly because of a chronic shortage of houses and steady demand, a Reuters poll showed on Friday.
BMW says the doors may appear to be closed and latched but can inadvertently open due to road conditions or occupant contact with the door.
The recall came after the National Highway Traffic Safety Administration, the government's road safety agency, asked BMW about owner complaints about doors opening unexpectedly.
Some advocates of global climate action think the pact would be stronger if the United States simply left, rather than remaining in and demanding big changes.
WASHINGTON (AP) — U.S. orders for long-lasting manufactured goods dropped in April for the first time in five months, and a key category that tracks business investment went nowhere for the second straight month.
Orders for capital goods, excluding aircraft and military equipment, were flat for the second straight month — potentially worrisome because that category offers clues about where business investment is headed.
The Institute for Supply Management, a trade group of purchasing managers, reported earlier this month that its manufacturing index showed U.S. factories expanding in April for the eighth straight month.
We’re following major developments in the markets throughout the day. Check here for the latest updates.
WASHINGTON (AP) — US orders for long-lasting manufactured goods fell in April for the first time in 5 months.
WASHINGTON (AP) — US economy grew at modest 1.2 percent rate in Q1, better than first believed but well below Trump goal.
For those on the outside looking in, running a business might seem like a luxury. While it does have its benefits, these individuals often ignore the complications and hardships associated with running a successful business.
As a business owner, it often feels like there are innumerable tasks to juggle simultaneously. You’re responsible for keeping a smile on the faces of your workers and customers.
Keeping your employees motivated is pertinent for ensuring their productivity level remains at the peak. Within this guide, you will discover tips that can help you keep your employees content and motivated!
1. Consistent Communication
Effective communication is truly a necessity for success in any relationship, whether personal or professional.…
Boards of directors increasingly require that CEOs push their stock price higher to collect their maximum possible payout, and the Standard & Poor's 500 index returned 12 percent last year.
Over the last five years, median CEO pay in the survey has jumped by 19.6 percent, not accounting for inflation.
The media business is full of big paychecks, where actors and other employees far from the executive suites can make millions of dollars, and the industry's CEOs have traditionally pulled down some of the country's biggest packages.
Compensation dropped for nine of the 10 companies scoring the lowest on "Say on Pay" votes, where shareholders give thumbs up or down on top executives' earnings.
Auto supplier BorgWarner had last year's second-lowest passing rate in the survey on "Say on Pay," with 60 percent of voting shares saying no or abstaining.
The typical health care CEO made $12.9 million, a touch below the $13.2 million made by their counterparts in industrial goods.
To calculate CEO pay, Equilar adds salary, bonus, stock option awards and other pay components that include benefits and perks.
First to board or join the horde; is elite travel worth it?
(AP) — Summer travelers may well find themselves stuck in long security lines and squeezed into cramped seats.
For frequent travelers, or those who can and want to pay extra, perks are available including upgrades to first-class seats, airport lounges and free food.
The Associated Press sent two journalists on a two-day visit to Orlando, Florida — one with perks, and one without.
Scott Mayerowitz, who until recently covered the airline industry, has elite status with airlines, hotels and car rental agencies.
Premium credit cards aimed at frequent travelers get him into airport lounges.
There was also a delay after she forgot to remove a bottle of water from her purse, and found herself waiting shoeless for her belongings as a TSA agent searched her bag.
On the return flight, Scott cleared security in about 3 minutes.
Scott headed for the roomy airline lounge, and took advantage of the free Wi-Fi, newspapers and breakfast spread that included bagels, muffins, hard-boiled eggs, fruit, yogurt and coffee.
A day pass costs more than $50, but credit cards aimed at frequent travelers often include lounge access as one benefit that comes with a hefty annual fee of $450 to $550.
Scott's airline status means he boards early, and often gets upgraded for free to first class — where there are no middle seats and passengers still get hot meals.
Scott was rousted from sleep at 6:45 a.m. the next morning, when an electrical fire meant an evacuation and a trek down 26 flights of stairs.
BEIJING (Reuters) - China's structural reforms will slow the pace of its debt build-up but will not be enough to arrest it, and another credit rating cut for the country is possible down the road unless it gets its ballooning credit in check, officials at Moody's said.
The chief executive of Jive Software says that she learned through experience not to assume that others had better answers than she did.
BOSTON (Reuters) - Fidelity Investments may support shareholder proxy proposals calling on companies to report on sustainability matters this year, a major shift by the Boston asset manager as climate activists gain more traction at large U.S. corporations.
MUNICH (Reuters) - German industrial gases group Linde's supervisory board is due to vote on a merger agreement with U.S. peer Praxair on June 1, two people close to the matter told Reuters on Friday.
RocketLab, a startup widely seen as a trailblazer for frequent, ultralow-cost access to space, failed to reach orbit on its first flight.
Like many companies that juiced sales with sweet leases during the past few years, Nissan's luxury brand now faces a hefty supply of nice, low-mileage used cars at a time when most people want SUVs.
For the U.S. auto industry, about 3.5 million vehicles will come off lease this year, after 3 million returned last year, according to Automotive Lease Guide.
— Competition from used cars likely will push down the price of new ones.
Since the lightly used cars are entering a market that favors trucks and SUVs, the prices will fall, says Jim Lentz, Toyota's CEO in North America.
Cars were holding their values and automakers expected to sell them at a tidy profit when leases ended in two or three years.
General Motors cut sales to rental car companies last year to control the used car supply, Chief Financial Officer Chuck Stevens says.
[...] GM is reallocating incentive spending away from leases toward conventional financing, as new-car sales are expected to back off slightly from last year's record 17.5 million.
Eric Lyman, lead analyst for Automotive Lease Guide, advises consumers now is a good time to lease a car, before leasing cuts become more widespread.
Most millennials have saved virtually nothing for a down payment on a home, according to a new study, suggesting many will face steep obstacles to homeownership in the years ahead.
China’s Lenovo Group is shaking up its operations as it seeks to reclaim the title of global leader in personal computers and shore up its smartphone business.
Coal-mine companies in the U.S. and Germany are trying to turn their old mines into enormous power-storage systems, using century-old technology to keep the lights on when a shortage of wind or sun makes new technologies inadequate.
SAN FRANCISCO (Reuters) - California regulators said Volkswagen AG's spending plan on clean vehicle infrastructure had shortcomings and that it lacked details on how it would help disadvantaged communities as well as promote hydrogen fuel cell technology.
Microsoft on Thursday is launching its own videogame live-streaming service called Mixer, setting up yet another battle among some of the biggest names in the technology industry.
Energy inflation will likely peak in the July-September quarter and then weaken, Marcel Thieliant of Capital Economics said in a commentary.
Since wage growth remains weak, cost pressures are not strong enough to sustain stronger inflation.
HONG KONG (AP) — Asian stock markets are mixed Friday as investors weighed Wall Street's latest gains on strong earnings reports against the latest oil production cut, which dragged down crude prices and commodity shares.
Japan's benchmark Nikkei 225 index slipped 0.3 percent to 19,761.98 but South Korea's Kospi climbed 0.4 percent to 2,353.07.
An alliance of oil-producing nations extended production cuts for nine months to shore up crude prices.
QUOTEWORTHY: "The extent of oil's selloff demonstrates that, even with the extended production cuts now agreed, the U.S. oil price may struggle to get past the early to mid-$50's range for some time yet," said Ric Spooner, chief analyst at CMC Markets.
Viacom Inc.’s television networks will make at least a limited return to the lineup of Suddenlink Communications, ending a more than two-year dispute over costs to carry the media giant’s channels.
Companies are sticking by Sean Hannity as he promotes his conspiracy theory surrounding the murder of a D.N.C. staff member, claiming he is not violating their core values.
SALT LAKE CITY (AP) — Utah lawmakers hope a new, unusual law cuts down on increasingly troubling forms of cyber harassment by giving authorities the ability to send online bullies to jail for a year.
Law enforcement, school officials and support groups back the effort, but some lawyers and a libertarian-leaning group have balked at what they call vague language in the law.
The regulation won unanimous approval in the Legislature and makes it a crime to post information online that can identify someone, including their name, photo and place of employment, to "intimidate, abuse, threaten, harass, frighten, or disrupt the electronic communications of another."
An advocacy group says the measure might have helped a gay Utah State University student who was afraid to come forward in 2013 to report being sexually assaulted after someone started posting his photo and phone number on Craigslist along with details on the forms of sex he was interested in.
The treatment of a reporter by Greg Gianforte, the Republican candidate in a Montana special election, was either “outrageous” or “totally out of character,” depending on whom you ask.
A class-action case alleges that the automaker programmed heavy-duty pickups to cheat on pollution tests. The company denied the charge.
Saudi Arabia’s largest sovereign wealth fund will make a $20 billion investment in a new Blackstone infrastructure project, which could then double in size.
TOKYO (AP) — While world attention has focused on Kim Jong Un's recent missile tests, a monthlong surge in gasoline prices in Pyongyang is showing no signs of letting up — a puzzling problem that if allowed to drag on could be very bad news for the North Korean economy.
The North's by now pervasive market economy, which is tolerated by the ruling regime in exchange for its own cut of the profits, has made fuel and the ability to transport goods and people so essential that demand for gasoline is not so sensitive to price.
The long queues and mad dashes to fill gas tanks and large plastic storage cans that marked the beginning days of the surge appear to have subsided, though stations' operations remain irregular and unpredictable.
North Korean gas stations generally belong to chains associated with large government enterprises or sometimes the military.
Gas prices can also rise in tandem with the farming cycle, when more fuel is needed for tractors and pumps.
North Korea completed construction of a major high-rise residential area in the capital and held a lavish celebration and military parade last month.
The more central role played by capitalist-style markets in the North Korean economy, he believes, has amplified the impact of speculative buying and selling and the price-gouging in uncertain times that goes along with it.
In any case, Brown said, the volatility of gasoline prices underscores the North's dependence on markets that have expanded dramatically since Kim Jong Un took power more than five years ago.
NEW YORK (AP) — Mark Zuckerberg returned Thursday to Harvard, where he launched Facebook and then dropped out, telling graduates it's up to them to bring purpose to the world, fight inequality and strengthen the global community.
He shared stories about graduates such as David Razu Aznar, a former city leader who led the effort to legalize gay marriage in Mexico City, and Agnes Igoye, who grew up in conflict zones in Uganda and now trains law enforcement officers.
In February, he sketched out an ambitious, if vague, vision for Facebook that committed the company to developing "social infrastructure" that would help build a "global community that works for all of us."
It has connected people who would have never met otherwise, letting them form supportive networks online and offline.
[...] it has allowed people to communicate in developing countries even if they don't have a phone number or a smartphone.
[...] it has also served to spread misinformation bordering on propaganda, hateful views and bullying, reflecting the worst parts of humanity back to us.
Later in the speech, Zuckerberg's voice cracked with emotion as he talked about a high school student he mentors who is living in the U.S. illegally.
Others receiving honorary degrees included the actress Judi Dench, the composer John Williams (known for Star Wars, ''Harry Potter and many other scores) and Somali human rights activist and physician Hawa Abdi Dhiblawe.
A program that handles more than $1 trillion in debt for 43 million students is in play, and the head of it has resigned in protest.
Senator Ron Wyden told Treasury Secretary Steven Mnuchin that the administration was using accounting that would “make Bernie Madoff blush.”
Acquiring a second home for vacation purposes is something that's normally associated with a "lifestyle of the rich and fabulous" variety – especially if it's a waterfront property. But apparently it doesn't have to be.
NEW YORK (AP) — A federal court has ruled that Wells Fargo is liable for a negligence penalty in a tax case that involved foreign tax credits, but the bank prevailed in another part of the case that could mute any payment.
A court found Wells liable for a 20 percent penalty Wednesday tied to tax credits, but also that it could deduct interest expenses from the loan.
The lawsuit filed by lawyers for two truck owners in U.S. District Court in Detroit alleges that trucks with Duramax diesel engines have three devices on them that are rigged to allow more pollution on the road than during treadmill tests in the Environmental Protection Agency laboratory.
"The Duramax Diesel Chevrolet Silverado and GMC Sierra comply with all U.S. EPA and CARB (California Air Resources Board) emissions regulations," the company said in a statement.
The complaint on behalf of the truck owners alleges that the devices were installed on diesel engines in the Chevrolet Silverado and GMC Sierra heavy-duty pickups.
The lawsuit demands a jury trial and seeks punitive damages, restitution, and recovery of the purchase price of the trucks or the decrease in their values because of the devices.
Federal prosecutors charged Vitaly Borker, who spent over three years in prison for threatening customers of his previous online business, with wire and mail fraud.
Ford Motor Co. has wooed back a senior engineer who left the auto maker to develop autonomous vehicles at Uber Technologies Inc.
Ad agencies are looking to trim costs, from hiring to spending on Cannes, as the ad business runs into headwinds.
The Facebook chief plans to visit every state in the union and learn more about a sliver of the nearly two billion people who use the social network regularly.
Older women who have had their pain alleviated by cannabis are starting businesses to help others.
A manager wonders about the ethics of recruiting new workers while simultaneously pursuing a job elsewhere.
The Senate Foreign Relations Committee linked the penalties to Iran’s continued support for terrorism. The full Senate could vote on the measure as early as next month.
They have been yelled at, exposed to pepper spray, pinned by security and even arrested on the job. Now a reporter has accused a House candidate of assault.
Whether Brexit or Brazil, scandal or crisis, what seems momentous news can be shaky ground for investment decisions, as some hedge funds have found.
Federal Reserve officials expected at their meeting this month that it would “soon be appropriate” to raise rates, according to minutes of the gathering, a signal the central bank could lift its benchmark rate in June.
Lidar, the sensing technology, is the centerpiece of an intense court fight in California between two key players on the road, Uber and Waymo.
If your small business doesn’t have an online presence, it doesn’t exist in the minds of millions of potential customers and clients. A study by Google found that “4 in 5 consumers use search engines to find local information.” In today’s world of business, you must have an online presence to be successful. That’s simply a fact of modern life.
There are a couple of ways you can accomplish this. You can hire an internet marketing firm or you can do it yourself. If you choose the latter option, consider free profile sites to start.
Apple’s LinkedIn business profile page
A few of these sites are discussed here, in no particular order:
The conservative parties in the U.S. and U.K., buoyed by a nationalist push against immigration and trade, face a once-in-a-generation choice: shift toward small-government conservatism, or reach across traditional divides by appealing to workers? Trump and May appear to have chosen differently.
Professional services marketing is ever-changing. There’s a lot that goes into marketing, and when a business is small, it’s not uncommon for mistakes to be made and questions to go unanswered.
Whether you’re a business owner or a marketer, you can use these tips to help properly market a service:
1. Social Media: How Does It Help?
Social media connects businesses to billions of people. A lot of traffic is driven to websites and turned into leads thanks to social media, and everyone is doing it. Businesses have social media presences just to avoid missing the trend, but a lot of professionals don’t know how social media is helping them attract new clients.…
Law firms need to stay at the forefront of marketing to expand and grow. And the rules keep changing every year. Software is an integral part of a law firm’s marketing campaign, and there’s a lot new and established firms can do in 2017 to expand their reach, bring in new clients and make more money.
Your firm can implement the right strategies today to help spur growth tomorrow.
1. Referral Tracking Via CRM Solutions
If your firm is still using Excel to categorize your leads and clients, you’re doing it wrong. It’s time to step into the world of an all-in-one CRM and client intake solution that allows you to properly track:
- Conversion rates
- Lead sources
Lexicata offers an all-in-one solution that also incorporates intake forms, automatic email reminders, status updates, engagement letters and so much more.…
Americans with disabilities are protected under the Americans with Disabilities Act (ADA). Signed into law in 1990, the ADA is a civil rights legislation that allows disabled persons to enjoy the same products and services as people without disabilities.
Businesses must meet ADA compliance to avoid breaking the law.
Fines and penalties are imposed on small businesses that fail to remain compliant. Businesses must take the appropriate steps to accommodate disabled patrons.
Businesses must meet the needs of their patrons, and there are a few methods to fast-track your business to ADA compliance.
1. Focus on Accessibility
Businesses have a legal right to focus on accessibility, and this is in the retail and restaurant space especially.…
Small businesses just starting out online are at a disadvantage compared to businesses that have been online for years. The idea of overtaking Amazon, a Fortune 500 company or a large law firm that has a long presence on the Internet, can seem daunting and impossible.
And while these entities do have the advantage of age and years of search engine optimization on their side, small businesses can still compete.
You can get your business to the top of Google and increase your visibility, but it will take time. A lot of hard work and effort needs to go into your online advertising much in the same way it has to go into your offline advertising.…
Upon proactively recognizing the specific challenges on motivating and managing staff, salon owners or managers need to find effective ways to attend to these. However, there is actually no definite way to resolve those issues considering the fact that there are many types of salon business models.
Diverse approaches could be employed depending on the type and case of your operation. But the good news is, there are other solutions that can be instituted to maintain a creative, busy salon environment full of hard working and motivated staff.
Whether you are a first-hand or experienced manager, we have some ideas and tips for effectively managing and motivating your salon staff.…
Limo services need to continually come up with interesting and creative ways to promote their business. By accomplishing this challenge, you’ll get a better reputation in the industry, increase your service’s sales, and ultimately add more clients clamoring for your phenomenal services.
It’s certainly possible to promote your limo service in a number of different ways. We will provide several simple methods you can implement today to begin growing your limo brand. These methods are manageable, inexpensive, and certainly effective, so give them a try sooner rather than later.
1. Take Advantage of Content Marketing and Distribution
First and foremost, limo service providers need to start sharing valuable content on the web.…