admin June 27, 2018

Millennials say their finances cause them more stress than politics, work or health, according to a new study. “Politics is a huge stress for people and we know work is a big stress,” says Michael Katchen, CEO and co-founder of Wealthsimple, the online investment management service behind the study. “But we found that money is […]

admin June 27, 2018

The maker of Hungry-Man is getting hitched to the owner of Marie Callender’s in a deal worth nearly $11 billion. ConAgra Brands (CAG) — the food giant that owns Chef Boyardee, Hunt’s and Orville Redenbacher’s as well as Marie Callender’s — is buying Pinnacle Foods (PF), the parent company of Birds Eye, Duncan Hines, Vlasic […]

admin June 27, 2018

Bloomberg News/Landov Federal Reserve Vice Chairman for supervision Randal Quarles on Wednesday defended the Swiss-based Financial Stability Board, saying the global body of regulators can’t impose rules on the U.S. Federal Reserve Vice Chairman Randal Quarles on Wednesday defended the Swiss-based Financial Stability Board. “The FSB…addresses problems–problems that are of great importance to the […]

admin June 27, 2018

Beer is being rationed in the United Kingdom because of a shortage of carbon dioxide. Booker, a major UK wholesaler owned by Tesco (TSCDY), has confirmed that it’s limiting customers such as bars and grocers to 10 cases of beer (300 cans) per brand a day, the most dramatic consequence to date of a shortage […]

admin June 27, 2018

The Trump administration has decided against imposing outright limits on Chinese investment in the United States. Instead, it will rely on Congress to strengthen an existing government body that evaluates individual corporate deals for national security risks, senior administration officials told reporters early Wednesday. The Commerce Department is still looking into enhanced export controls, which […]

admin June 27, 2018

American companies operating in China are likely to find themselves in the firing line as the trade fight between Washington and Beijing intensifies. But making life difficult for big US brands could bring painful consequences for Chinese industries, too, experts say. The Chinese government has a track record of disrupting the businesses of companies from […]

admin June 27, 2018

Starbucks wants to be the place you pick up your coffee and go, but also the place where you order and stay. Competitors like Dunkin’ Donuts (DNKN) have been focused on getting you in and out faster, pouring funds into drive-thrus, digital kiosks and bottled iced coffees. Starbucks is embracing these concepts, too. CEO Kevin […]

admin June 27, 2018

The Federal Reserve is raising interest rates, and that’s led some to worry that mortgage rates will spike and put an end to the housing boom in the United States. Not so fast, according to the head of a big homebuilder. Stuart Miller, executive chairman of Miami-based builder Lennar, said Tuesday that “concerns about rising […]

admin June 27, 2018

The Federal Reserve is raising interest rates, and that’s led some to worry that mortgage rates will spike and put an end to the housing boom in the United States. Not so fast, according to the head of a big homebuilder. Stuart Miller, executive chairman of Miami-based builder Lennar, said Tuesday that “concerns about rising […]