Category: Business and Finance

Pound falls on May’s Brexit comments

Pound falls on May’s Brexit comments

Pound falls on May’s Brexit comments The value of the pound has fallen to a two-month low against major currencies after Prime Minister Theresa May signalled the UK would pursue a so-called “hard Brexit” from the EU. Sterling fell about 1% across the board. The only currency against which it gained ground was the Turkish lira. The Prime Minister told […]

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Amazon Business Expands To Germany & India

Amazon Business Expands To Germany & India

Amazon Business Exceeds 45K Sellers, Expands To Germany & India E-commerce giant Amazon shared some updated facts and figures about its  sellers in a press release Wednesday, including the number of Amazon Business sellers and customers, while it also shared global expansion news. The company said Amazon Business now has more than 45,000 different sellers, the first time it has […]

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UK 3q GDP growth revised up to 0.6%

UK 3q GDP growth revised up to 0.6%

UK third quarter GDP growth revised up to 0.6% The UK economy grew by 0.6% in the third quarter, according to official figures, faster than previous estimates. Growth for the July-to-September period had originally been estimated at 0.5%. New data from the Office for National Statistics (ONS) suggested that the business and financial sector was more active than previously estimated. […]

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Twitter Surprises Wall Street

Twitter Surprises Wall Street

Twitter Surprises Wall Street With Modest Growth, Lays Off 9% Of Workforce   Twitter is struggling to keep the interest of Wall Street as a standalone company, but its solid third quarter earnings may stem a downward spiral as investors flee the stock on fears its growth has petered out. On Thursday morning, Twitter delivered slightly better than expected third quarter […]

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The founders of Jimmy Beans Wool

The founders of Jimmy Beans Wool

How Two Former Silicon Valley Engineers Amped Up Sales For Their Yarn Company With Subscriptions     This August Laura and Doug Zander, the founders of Jimmy Beans Wool, a small but rapidly growing online yarn retailer based near Reno, Nev., launched what they thought would be an easy experiment: selling their customers subscriptions. It’s worked almost too well.” These […]

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7 Lessons for Small Businesses

7 Lessons for Small Businesses

7 Lessons Small Businesses Can Learn From Tech Startups Starting a small business in the United States has never been easier and, in fact, small businesses make up the backbone of the American economy. 9 out of every 10 employees works for one of the 28 million small businesses across the country. Each month, half-million new businesses enter the market, […]

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