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American Business News for 28 May 2017

Wall Street's big brokeragesWall Street's big brokerages -- or wirehouses, as they were once known -- are ending the era of the high-priced broker for hire. They do not wish to compensate the rich and famous multimillionaire... advisers who have grown their empires managing wealthy customers' portfolios. A trio of brokerages, Morgan Stanley, Merrill Lynch and UBS Group,...
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Why are so many women droppingMari Villaluna never wanted to be a stay-at-home mom. The 36-year-old spent a decade building up a resume as a career counselor and tutor in San Francisco schools after serving in the U.S. Army. She... made about $42,000 at an employment agency, and was regularly sought out by potential employers....
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Craft soda makers adds fizz toUnusual flavors, healthier ingredients and the local distribution make it a hit.        
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Box Office: 'Fate Of TheMeanwhile, Disney's 'Beauty and the Beast' just crossed $500 million domestic.
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6 truths about money that are tripping you up

Business Insider - 28 May 2017 16:15
6 truths about money that areStrelka Institute for Media, Architecture and Design/Flickr "If your only goal is to become rich, you will never achieve it." -- John D. Rockefeller The irony of a strong financial life is that you... don't really want it. You want what a strong financial life represents: options. the ability to fail and try again someday more time, to be spent in personally meaningful ways stronger choices for our loved ones, e.g. schools and neighborhoods the chance to continue to develop yourself through travel and education But wealth is a weird thing. Like happiness and success, it can't be pursued directly. A lot of people try, but they're never satisfied. Once they make the money they used to think would make them happy, they find something else that's missing. Often times, it's just more money. It's...
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Why Lean Startup Training Is Not Enough

Forbes - 28 May 2017 16:03
Why Lean Startup Training IsWithin the lean startup movement, we have a great tool box for innovators to use in their work (e.g. business model canvases and experiment boards). What we now need to work on most diligently are... tools for the leaders who manage innovators. How do they make decisions? How do they track progress?
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Amazon Launches Best Seller Lists

Forbes - 28 May 2017 14:00
Amazon Launches Best SellerIn the wake of cuts to the New York Times Best Seller lists, Amazon has stepped in with lists of its own.
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How to take the heat off your summer budget

USA Today - 28 May 2017 13:00
How to take the heat off yourWith a little work now, you can enjoy the hot season and avoid pinching pennies in the fall.        
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German police say a businessman on a motorcycle lost a plastic bag stuffed with his day's earnings while driving along a southern highway, sending a shower of cash across the …
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Money in the bank isn't safe from inflation

L.A. Times - 28 May 2017 12:00
Money in the bank isn't safeDear Liz: I am 68 and not in very good health due to heart disease. I'm not sure what do with my savings of over $1 million, which sits in online bank accounts, earning 1.25% to 1.35% in 18-month... certificates of deposit. (No account contains more than $250,000 to remain under the FDIC insurance...
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GUEST: At Amazon's prototype grocery store, Amazon Go, customers can walk in, pick up what they want and walk out, without ever waiting in a checkout line or pulling out a wallet. Amazon will... automatically charge their account and send them a receipt. Run out of paper towels? No problem. Amazon Prime customers can place an […]
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SEOUL/BEIJING
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Kasich joining economic development trip to Japan

News Observer - 28 May 2017 02:59
Ohio Gov. John Kasich (KAY'-sik) will join a delegation of state officials and business leaders for an economic development trip to Japan. The group leaves Wednesday on the four-day trip. …
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Why Wall Street Is In LoveThe stock market loves Trump! Whenever he's in trouble, securities exchanges plummet and vice versa. Mainly, this is because they think he'll roll back annoying regulations of business. Cartoon by Ted... Rall.
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GUEST: Why do chatbots work? Because a quick chat resolves a lot of problems. The workplace is no different and yet we spend a lot of our time managing processes and slogging through impersonal... workflows to manage mundane but essential tasks. It would be better to handle these with a chat too and that’s exactly what conversational […]
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Hackers Hide Cyberattacks in Social Media Posts

The New York Times - 28 May 2017 21:00
A recent attack on the accounts of Defense Department employees suggests how easily people can be duped into clicking on dangerous links.
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5 Ways WWE Can Win Back Its Fans

Forbes - 28 May 2017 20:00
5 Ways WWE Can Win Back ItsWWE fans are tuning out in droves since WrestleMania 33. What can the company do to win them back?
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ARTS Margaret Ledford has been named artistic director at City Theatre in Miami. She was previously festival artistic director at City Theatre, and she was theater technical manager in the …
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The desire to make a tangible difference in the world through one's investment activities is not new, but it is gaining popularity. In a 2017 survey of institutional investors, three-quarters …
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Pole sitter Scott Dixon was knocked out of the Indianapolis 500 on Sunday by a terrifying crash that saw his car fly over the car of Jay Howard and land …
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Some Republicans in the Michigan Senate are hoping to restore tax credits eliminated in 2011 that benefited taxpayers making charitable donations to food banks, homeless shelters and certain... nonprofits. Republican …
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By the end of the 2026, the chairman of the Tampa International Airport wants it to function as its own little city. By then, airport officials would have spent more …
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Adam Clyde Braseel clocked out of work, borrowed his mother's car and headed to the mountain for a weekend of four-wheeling with friends. He took about a 45-minute break in …
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Jacksonville's ship channel dredging project is getting $17.5 million in federal funds after the Trump administration included the money in the U.S Army Corps of Engineers' work plan for 2017. …
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WASHINGTON (AP) -- Homeland Security Secretary John Kelly said Sunday he’s considering banning laptops from the passenger cabins of all international flights to and from the United States. That... would dramatically expand a ban announced in March that affects about 50 flights per day from 10 cities, mostly in the Middle East. The current ban was put in place because of concerns about terrorist attacks. The ban prevents travelers from bringing laptops, tablets and certain other devices on board with them in their carry-on bags. All electronics bigger than a smartphone must be checked in. Kelly was asked on “Fox News Sunday” whether he would expand the ban to cover laptops on all international flights into and out of the U.S. His answer: “I might.” The current U.S. ban applies to...
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