The latest Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into UK and global markets.

Cease-fire in place between Israel and Hamas in Gaza Strip

TEL AVIV — Hamas on Saturday said it has agreed to a cease fire with Israel in the Gaza Strip, a day after an Israeli soldier and three Hamas members were killed in violent clashes on the border. The truce comes after Israel carried out a wide-scale attack on militant targets inside the Gaza Strip late on Friday, and will […]

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One Family Controls Who Will Be Next CEO of Fiat Chrysler

Fiat Chrysler Automobiles N.V. (NYSE: FCAU) and Ferrari N.V. (NYSE: RACE) CEO Sergio Marchionne will not return to his posts following a hospital stay of several weeks, according to sources who spoke to Bloomberg. The boards of both companies are meeting Saturday to name replacements for Marchionne, who has been Fiat’s CEO since 2004 and Ferrari’s since it was spun […]

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Salesforce To Buy Datorama

Software giant Salesforce (CRM) has agreed to buy Datorama, a cloud-based, AI-powered marketing intelligence and analytics platform for enterprises, agencies and publishers. The deal is worth a reported $800 million, according to the Israeli news site Ctech. Datorama enables more than 3,000 leading global agencies and brands—including PepsiCo, Ticketmaster, Trivago, Unilever, Pernod Ricard and Foursquare—to optimize marketing campaigns, automate reporting […]

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How do credit bureaus make money?

Credit bureaus act as information brokers for consumer credit history. They are normally presented as agencies that sell their services to banks, mortgage lenders, credit card companies, retailers and other businesses that grant credit. There are three major national credit bureaus in the United States–Equifax, Experian and TransUnion–and all three obtain and sell information in similar ways. On the surface, […]

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Are annuities coming to your 401(k)?

For full access, Log in or Subscribe Now and get 4 weeks free! There was a flurry of excitement this week on news that Congress is poised to make the “biggest changes to U.S. retirement savings in more than a decade.” In fact, however, there was no news. The proposed changes that got everyone excited were in a bill that […]

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England Hopes To Salvage Pride, Belgium Looking For Their Best World Cup

BELGIUM-ENGLAND With their dream of entering a World Cup final dashed by stronger rivals, Belgium and England now look into the play-off for third place in Saint Petersburg Stadium tonight. The two neighboring European teams’ journey at Russia 2018 has been filled with an array of unforgettable performances. England manager Gareth Southgate admits the World Cup third-place play-off is a […]

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Are McDonald’s Salads Making People Sick?

Over 100 people have been reported sick in Illinois and Iowa linked to McDonald’s salads. The Illinois Department of Public Health has confirmed about 90 cases of cyclosporiasis, an intestinal illness caused by the microscopic Cyclospora parasite. The initial investigation indicates a link to consumption of McDonald’s salads produced for McDonald’s restaurants. About one-fourth of Illinois cases reported eating salads […]

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Does Honeywell Deserve More for This Earnings Beat?

When Honeywell International Inc. (NYSE: HON) reported its most recent quarterly results before the markets opened on Friday, it posted $2.12 in earnings per share (EPS) and $10.92 billion in revenue. The consensus estimates had called for $2.01 in EPS and revenue of $10.8 billion. In the same period of last year, Honeywell said it had EPS of $1.80 on $10.08 […]

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