Category Archives: Business

Macri’s hopes brighten as Argentina’s economy improves

After months of turmoil and a $ 56bn IMF bailout, talk of economic recovery in Argentina may be relative — but it is enough to give President Mauricio Macri renewed hope ahead of October’s election. Investors dumped Argentine assets three months ago after an opinion poll suggested Mr Macri’s re-election bid was in danger. The […]

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UnitedHealth’s Optum strikes deal with Bay Area hospital in bid to keep it independent

UnitedHealthcare office Michael Nagle | Bloomberg | Getty Images UnitedHealth Group has bought up thousands of medical practices all over the country through its Optum unit, which have helped its insurance networks hold down costs. Now, the health-care giant says it’s setting its sights on small hospitals – but not to buy them — to […]

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Lower US interest rates squeeze bank lending margins

For US banks, the future finally arrived this week. Investors have long fretted about falling interest rates hitting growth at even the best-managed lenders. On Tuesday, the blow came, and it landed on the strongest US bank of all, JPMorgan Chase. Announcing a mixed set of second-quarter results, JPMorgan cut its 2019 outlook for lending […]

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World Trade Organization opens the way for Chinese sanctions against US tariffs in Obama-era

U.S. President Barack Obama and Chinese President Hu Jintao attend an official south lawn arrival ceremony for Hu at the White House in Washington. Brooks Kraft | Corbis Historical | Getty Images The United States did not fully comply with a World Trade Organization ruling and could face Chinese sanctions if it does not remove […]

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Asia stocks set to trade lower amid renewed US-China trade uncertainty

Stocks in Asia slipped in Wednesday morning trade following overnight developments on the US-China trade front. The Nikkei 225 in Japan slipped 0.31% in early trade, with shares of index heavyweight and conglomerate Softbank Group dropping 1.89%, while the Topix shed 0.21%. Over in South Korea, the Kospi traded 0.68% lower, as chipmaker SK Hynix […]

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Uptick in ‘Canceling Amazon Prime’ Searches Spotlights Some Consumers’ Shop and Drop Plans

Internet searches for “Canceling Amazon Prime” were 18 times higher on Monday—the beginning of Amazon’s two-day sale—than the previous day, according to search intelligence firm Captify. The data suggest shoppers want to snatch up discounted gadgets and appliances without making a long-term commitment to the world’s biggest online retailer. “If Amazon is hoping to use […]

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Land O’Lakes CEO: Big Data Is Helping Farmers Deal With Climate Swings

What role should big data play on the farm? According to Land O’Lakes president and CEO Beth Ford, a vital one. The use of big data and technology in agriculture has long been growing in the U.S. But the necessity of using farm data to help mitigate inherent industry risks has never been more paramount. […]

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