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Business News

Location American Business News for 19 November 2015
Stonegate, Mastercard announce deal to enable debit cards in Cuba Cards can be used at restaurants, hotels, other merchants but not ATMs …
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2,000 Contract Workers Go on Strike at Seven U.S. Airports About 2,000 baggage handlers and other airport workers at seven of America's biggest hubs went on strike Wednesday night over pay and union rights.
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Square's IPO in bad shape, shares priced below earlier estimates Jack be nimble, Jack be quick -- Jack jump under the limbo stick! Square Chief Executive Jack Dorsey was forced to play "Limbo Rock" late Wednesday, as he priced the payments startup's initial public offering even lower ...
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VW: 25% of diesel-car owners accept debit card, credit offer so far About one of four owners have accepted the "goodwill package"          
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While at Salomon Brothers in the 1970s, Mr. Dall oversaw the first sale of bonds backed by American home mortgages to large private investors.
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UnitedHealth suggests Obamacare is being gamed

Market Watch - 19 Nov 2015 23:02
The biggest health insurer in the U.S. suggests people are cheating the Obamacare system.
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Saba Ahmed's American Flag Hijab Is A $10 Scarf Sold In Times Square Just before appearing on Fox News Nov. 18, Saba Ahmed sat in the makeup room tinkering with her hijab, a headscarf worn by Muslim women. She had originally planned to don a purple hijab with an American flag scarf around...
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Does Deutschland do digital?

The Economist - 19 Nov 2015 17:57
Does Deutschland do digital? SINCE it was founded in 1923 Trumpf, a family-owned company based near Stuttgart, has had one main mission: making things that make things. It started out with motorised hand shears and other tools to work sheet metal. I...
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The business of going bust

The Economist - 19 Nov 2015 17:57
The business of going bust Finally grounded IN THE 19th century, when a Hindu merchant could not pay his debts, he would announce his insolvency by burning a lamp of ghee (clarified butter) at his doorstep. Unable to face the ignominy of default, ...
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How Women Entrepreneurs Are Changing the World with Only $50 "Women United for Change" is a movement to improve the lives of women in developing nations, and our world as a whole, through entrepreneurship.
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NIGHTWATCH Smart Halter: A Great Example of ARM Holdings IoT Innovation Ecosystem Diversity We’ve all seen examples over the past few years of complex IoT technology solutions to help solve real-world problems from a variety of small companies. In fact, last week while I was at the ARM Holdings annual industr...
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Barclays to pay $150M, fire traders amid 'rigging' accusations This is no way to treat your clients. Barclays agreed to pay $150 million and fire two traders Wednesday after New York's top financial regulator accused it of rigging its own currency-trading platform to boost its botto...
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Treasury plans to get tough on tax inversions

USA Today - 19 Nov 2015 05:41
Treasury plans to get tough on tax inversions Move comes a year after Obama administration imposed rules to make them less profitable.          
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Apple, Google, and Microsoft-backed group rejects calls for weaker encryption after Paris attacks Weakening encryption to help the government monitor electronic communications in the name of national security "simply does not make sense," the Information Technology Industry Council said...
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Airbnb Short-Sheeting Midtier Hotels

Barron's - 19 Nov 2015 17:43
Airbnb Short-Sheeting Midtier Hotels A survey shows the home-rental service is drawing customers from Holiday Inn, Hampton Inn, Comfort Inn and others.
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Fed Setting Long-Range Goal of 0% Real Interest Rates While good for stocks and bonds, money for nothing is an indication of the economy's dire straits.
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Average US rate on 30-year mortgage slips to 3.97 percent; 15-year loan down to 3.18 percent
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Women are finding paths to launching more businesses in industrialized and developing nations, according to a new report.
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Stocks mixed as Wall Street adjusts to idea of coming rate hike Investors come to grips with release of Fed's October minutes which point to Dec. hike.          
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7 Step Killer Action Plan to Compete with the Ecommerce Giants If you're a startup or small business, there are some very effective ways to compete against the big guys.
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Dunkin' Donuts Testing Mobile Ordering And Delivery To Better Compete With Starbucks On Wednesday, the company began testing mobile ordering in 124 Portland, ME. locations, while 19 locations in Dallas are also experimenting with delivery service.
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His name is Joe Campbell, and he claims he went to bed Wednesday evening with some $37,000 in his trading account at E-Trade. One notable development on the pharma front later, and Campbell woke up to a debt of $106,445....
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