Kelly Brothers gives a summary of business news for the last week of October, 2016.
Several businesses posting good data, including Twitter; initial jobless claims remain relatively low; Dow Jones Industrial Average was up on Thursday.
Apple delayed its shipment of its new wireless ear-pod headphones, explaining that despite the simplicity in their outer design and method of use, they are complex technologically, and more quality control testing needs to be done. Walmart announced that it is planning to introduce “holiday helpers” to its workforce for the holiday season, which is already once again upon us.
Listen to a discussion about whether or not the United States of America should be run like a business. The speaker shows that the fundamental goals of business are different in the extreme to the goals of a government, and perhaps running a government like a business is not such a great idea.
See video from NASA showing the path of Hurricane Matthew which made landfall on Tuesday night, October 4 when it hit Cuba with winds of 130 mph. It was expected to hit Florida on Thursday-Friday, October 6-7, and southeastern Georgia on Friday-Saturday, October 7-8, and later the eastern Carolinas.
Coastal areas can expect winds and flooding from Florida to the Carolinas.
Anderson Cooper of CNN interviews Carl Bernstein, the author of “Woman in Charge,” about Hillary Clinton. They discuss the meaning and repercussions of Bill Clinton’s affairs over the years, Hillary Clinton’s reactions to those affairs, and her response to Donald Trump’s accusations.
CNN News reports that former president George HW Bush has told several people in private conversations that he will be voting for Hillary Clinton for president. The video also shows former First Lady Barbara Bush saying about Donald Trump that,
“He doesn’t give many answers about how he would solve problems. He sort of makes faces and says insulting things. I mean, he’s said terrible things about women. Terrible things about military. I don’t understand why people are for him, for that reason. I’m a woman. I’m not crazy about what he says about women.”
Here what Grant Cardone, American entrepreneur and author, has to say about people investing while still in their 20s. His controversial suggestions include not to:
Borrow money to go to college
Save for “a rainy day” or “the future” or “retirement
If your goal is to be wealthy by the time you hit your 30s, Cardone says:
“Save for the opportunity to invest. And when you make that play, don’t diversify. Go all in on one thing. And you want that one thing to be a sure thing.”
After a brief summation of the highlight news stories of the week, listen to a roundup of the biggest stories in the technology sector. Emily Chang speaks to executives, entrepreneurs and VCs who are leading the way to the technologies of tomorrow.