Business News
VW, Reeling From Emissions Scandal, Delays Reporting Earnings
The New York Times - 5 Feb 2016 15:55
The highly unusual move reflects the struggles of the German carmaker in the face of official inquiries and potential lawsuits over the cheating.
The Wall Street Journal: Julius Baer admits to U.S. tax fraud, to pay $547 million
Market Watch - 5 Feb 2016 06:05
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.
This is the face of the Zika outbreak
Business Insider - 5 Feb 2016 21:12
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...
U.S. job growth likely slowed in January
Reuters - 5 Feb 2016 07:04
WASHINGTON
Kohl's, Ralph Lauren among brands taking a beating
New York Post - 5 Feb 2016 07:40
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. ...
Richard Ravitch under fire for signing on to help Puerto Rico
New York Post - 5 Feb 2016 07:34
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...
Here's One Thing Bernie Sanders Could Have Told Hillary Clinton About Wall Street Influence
The Huffington Post - 5 Feb 2016 06:22
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...
What's Google's End Game For Machine Learning And Semantic Search?
Forbes - 5 Feb 2016 23:55
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?
Kurt Russell destroyed a priceless 145-year-old guitar on the set of 'The Hateful Eight' -- and the manufacturer is furious
Business Insider - 5 Feb 2016 23:34
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 ...
Here's How Much Apple, Facebook And Other Tech Companies Make In A Second
Tech Times - 5 Feb 2016 22:24
Trading portal Penny Stocks Lab is letting people follow just how much the tech companies make in real-time.
5 Mistakes Narcissistic Leaders Make
inc - 5 Feb 2016 16:31
Their need for admiration often becomes their downfall.
U.S. economy adds just 151,000 jobs in January
L.A. Times - 5 Feb 2016 16:11Hiring Slows in U.S. but Unemployment Drops to 4.9%
Time - 5 Feb 2016 16:09
Employers are still hiring steadily, though at a slower pace
A Harvard psychologist reveals the best way to fake it till you make it
Business Insider - 5 Feb 2016 13:22
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
Asian Stocks Directionless Ahead of US Jobless Report
ABC News - 5 Feb 2016 07:58
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
Undocumented worker injured on job seeks aid in court
USA Today - 5 Feb 2016 07:14
But employer says the man shouldn't be compensated because he was working illegally.
A $63 million winning lottery ticket is going to waste
Business Insider - 5 Feb 2016 05:34
://syndication.ap.org/AP.Distro.ContentBroker2/ContentBroker.aspx?contentid=6db285d9573c74068f0f6a706700b194&iid=01bd524fbd8a40cd9f55d950d2cc790d&rsn=0&recordid=01bd524fbd8a40cd9f55d950d2cc790d&filingId=b832fa962b95487ab...
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.
How this Uber driver made $90,000 in 6 months while barely driving at all
Business Insider - 5 Feb 2016 00:12
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 ...
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.
Early finance training could save your family biz
CNBC - 5 Feb 2016 23:36
Given that a small percent of family businesses survive two generations, it's imperative owners train their heirs in financial literacy early on.
Can Trump Trademark Ted Cruz's 'Trumpertantrum'?
Forbes - 5 Feb 2016 23:18
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...