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Business News

Location American Business News for 5 February 2016
VW, Reeling From Emissions Scandal, Delays Reporting Earnings The highly unusual move reflects the struggles of the German carmaker in the face of official inquiries and potential lawsuits over the cheating.
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Swiss bank Julius Baer Group AG on Thursday admitted to helping U.S. taxpayers hide billions of dollars in offshore accounts and agreed to pay $547 million.
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This is the face of the Zika outbreak

Business Insider - 5 Feb 2016 21:12
This is the face of the Zika outbreak The Zika outbreak in Brazil may be linked to thousands of babies being born with microcephaly. This mother and child are one of the many cases the country is seeing. Story and editing by Adam Banicki Follow INSIDER on F...
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U.S. job growth likely slowed in January

Reuters - 5 Feb 2016 07:04
WASHINGTON
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Kohl's, Ralph Lauren among brands taking a beating

New York Post - 5 Feb 2016 07:40
Kohl's, Ralph Lauren among brands taking a beating Apparel stocks are getting stripped naked and flogged. Clothing companies and the retailers that hawk their threads took a beating Thursday, after Ralph Lauren and Kohl's reported results that badly missed expectations. ...
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Richard Ravitch under fire for signing on to help Puerto Rico Richard Ravitch -- the go-to guy for cash-strapped municipalities -- is taking some heat for volunteering to help Puerto Rico recover from its debt crisis. Ravitch, who helped save New York in the 1970s and more recently...
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Here's One Thing Bernie Sanders Could Have Told Hillary Clinton About Wall Street Influence Former Secretary of State Hillary Clinton insisted at Thursday night's Democratic debate that campaign contributions and speaking fees from Wall Street and other major corporate sectors have not influenced her politicall...
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What's Google's End Game For Machine Learning And Semantic Search? Google has dedicated the past several years to breaking down the language barriers and learning difficulties that its machine algorithms have faced, but what's the end game?
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Kurt Russell destroyed a priceless 145-year-old guitar on the set of 'The Hateful Eight' -- and the manufacturer is furious The Weinstein Company It turns out Kurt Russell went a little too far in portraying a cagey bounty hunter in Quentin Tarantino’s latest movie "The Hateful Eight." The actor is responsible for destroying a 145-year-old ...
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Here's How Much Apple, Facebook And Other Tech Companies Make In A Second Trading portal Penny Stocks Lab is letting people follow just how much the tech companies make in real-time.
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5 Mistakes Narcissistic Leaders Make

inc - 5 Feb 2016 16:31
5 Mistakes Narcissistic Leaders Make Their need for admiration often becomes their downfall.
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U.S. economy adds just 151,000 jobs in January

L.A. Times - 5 Feb 2016 16:11
U.S. economy adds just 151,000 jobs in January Job growth in the U.S. slowed sharply last month, the latest in recent signs of economic weakening amid turbulent global financial markets, lower corporate profits and a contracting manufacturing sector at home. The gove...
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Hiring Slows in U.S. but Unemployment Drops to 4.9% Employers are still hiring steadily, though at a slower pace
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A Harvard psychologist reveals the best way to fake it till you make it Harvard psychologist Amy Cuddy, author of "Presence," talks about the best way to fake it till you make it in life. Produced by Eames Yates Follow BI Video: On Facebook
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Asian stock markets were uneven on Friday as investors awaited U.S. job numbers that could provide clues on how far the Fed raises interest rates this year
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Undocumented worker injured on job seeks aid in court But employer says the man shouldn't be compensated because he was working illegally.          
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A $63 million winning lottery ticket is going to waste

Business Insider - 5 Feb 2016 05:34
A $63 million winning lottery ticket is going to waste ://syndication.ap.org/AP.Distro.ContentBroker2/ContentBroker.aspx?contentid=6db285d9573c74068f0f6a706700b194&iid=01bd524fbd8a40cd9f55d950d2cc790d&rsn=0&recordid=01bd524fbd8a40cd9f55d950d2cc790d&filingId=b832fa962b95487ab...
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Community Bankers Sound Off on Loan-Losses Accounting Plan

Wall Street Journal - 5 Feb 2016 01:44
A proposal from the Financial Accounting Standards Board would require firms to record loan losses more quickly and set aside more in reserves should loans go bad.
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Joseph Ziyaee The first month that Uber driver Joseph Ziyaee made over $20,000 through the service, he gave only one ride. No, Ziyaee didn't cart someone across the country. He makes nearly all of his money through the ...
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Why European Banks Keep Getting Clobbered

Wall Street Journal - 5 Feb 2016 15:44
After years of lackluster results, financial scandals, painful share sales, disruptive management changes, onerous regulations and strategic U-turns, many European bank investors are throwing in the towel.
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Given that a small percent of family businesses survive two generations, it's imperative owners train their heirs in financial literacy early on.
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Can Trump Trademark Ted Cruz's 'Trumpertantrum'? One question that trademark lawyers hear all the time is “they can’t trademark that, can they?” Take the recent news about the “Trumpertantrum.” Did Donald coin the term? Maybe not. But that does not mean he ca...
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