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Business News

Location American Business News for 22 July 2015
Microsoft's quarter dinged by big Nokia writedown Software giant's earnings results spotlight its focus on the cloud and enterprise growth.          
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The average value of homes across Britain rose by 2.75% during the first six months of 2015, with all regions seeing price growth, according to new figures. At the start of July the average price stood at £270,674, up �...
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How to Get a Free IKEA Kit To Fix Risky Drawers Kids climbing up the furniture isn't just an annoyance, it could be deadly.
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Toshiba CEO Steps Down Amid $1.2 Billion Profit Scandal Hisao Tanaka, the CEO of Toshiba steps down amid profit inflation scandal. Masashi Muromachi, the current Chairman of Toshiba , will replace Tanaka temporarily.
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Citigroup to Close Banamex USA

Wall Street Journal - 22 Jul 2015 21:48
Citigroup confirmed it will close its Banamex USA unit and agreed to pay $140 million to regulators who accused the unit of weak antimoney-laundering controls.
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When Selling A Bunch Of 'Crapola' Is A Good Thing About nine years ago, Brian Strom told his wife, Emily, it would be funny if they made their own cranberry-apple granola and called it “Crapola." They couldn’t stop laughing.
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New York (TheStreet) -- AT&T , the country's second-largest pay-TV provider, is about to become No. 1. Federal Communications Commissioner Tom Wheeler on Tuesday signaled that he will ask the agency to support Dallas...
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Goodwood goldmine.
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Jewelry Retailer Digs Into Real Estate Down Under Buying binge.
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NEW YORK (TheStreet) -- Identity theft company Lifelock saw some favorable action today after the news came out yesterday that it falsely advertised its product. The stock dropped almost 42% before close yesterday. But ...
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NEW YORK -- Officials here on Wednesday abruptly abandoned plans to rein in the powerful tech company Uber, dropping a fiercely contested proposal to cap the company's growth in its largest market.The city council had pl...
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Banamex USA Fined for Lack of Safeguards Against Money Laundering Federal and state regulators said the bank, a unit of Citigroup, did not have adequate controls to detect illicit financial transactions.
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Watch a Republican candidate destroy his cell phone after Donald Trump gave out his number at a rally Republican presidential candidate and US Sen. Lindsey Graham (R-South Carolina) is exploring a lot of ways to get rid of his phone after Donald Trump's decision to give out the senator's personal cell phone number. In a ...
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Rupert Murdoch wants his top executive at Fox News to rein in the network's coverage of Donald Trump's presidential campaign, but the executive has so far refused to comply, according to a report published Wednesday.
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Use the backdoor Roth IRA while you still can

USA Today - 22 Jul 2015 18:08
Use the backdoor Roth IRA while you still can A closer look at the backdoor Roth, why it's so valuable, and why it might disappear.          
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Twitter Inc Debuts Safety Center To Help Battle Trolls, Shores Up Privacy On Monday, Twitter Inc. (NYSE:TWTR) revealed its plans to launch an online Safety Center to ensure that users can access privacy policies, tools, and security settings in one place. Twitter updates users on how its aims ...
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Spotify inks deal with Beatport for exclusive content and curated playlists Spotify is grasping for exclusive content as new competitors snag select artists and albums for their own platforms. Today the company announced a contract with streaming service Beatport for exclusive access to Beatport...
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5 credit card fees you didn't know existed

Washington Post - 22 Jul 2015 17:23
Citigroup was fined more than $700 million on Tuesday, partly for misleading customers when it came to fees and using confusing language to make it more likely that customers would buy services they didn't need.
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Here Is Why UBS Short Call On Tesla Motors Inc Could Hurt Sellers Tesla Motors Inc (NASDAQ:TSLA) stock tanked 5.49% to $266.77 on Tuesday, and is currently down 1.53% in pre-market trading today, after investment firm UBS downgraded the company's stock from Neutral to Sell, and slashed...
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Herbalife Ltd. Requests To Obtain User Information From Twitter Inc Herbalife Ltd. (NYSE:HLF) is seeking user information from social networking website Twitter Inc. (NYSE:TWTR). It has filed a petition seeking to identify an anonymous account user of the micro blogging website who poste...
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Study: You Should Be Nicer to Your Colleagues Workplace rudeness is quite contagious
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Knight Foundation ponies up $3.2M to help reinvent American elections The money will support 22 projects designed to stimulate civic participation as we approach the 2016 national elections.
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