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Business News

Location American Business News for 8 March 2016
France has launched a 'serious' fraud probe into Volkswagen over emissions scandal © AFP/File Paul J. Richards French prosecutors have opened a serious fraud investigation into Volkswagen over devices the German automaker fitted into cars to cheat in emissions tests, a judicial source told AFP on Tue...
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Tom Hayes Denied Latest Bid to Appeal Libor Conviction

The New York Times - 8 Mar 2016 16:49
Tom Hayes Denied Latest Bid to Appeal Libor Conviction Mr. Hayes had sought to have his conviction on charges of manipulating a global benchmark interest rate reviewed by the Supreme Court of Britain.
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Bank of America Merrill Lynch is firing traders

Business Insider - 8 Mar 2016 16:32
Bank of America Merrill Lynch is firing traders REUTERS/Bobby Yip Bank of America Merrill Lynch is cutting jobs in its global banking and markets business on Tuesday. The job cuts have already taken place in Asia, and are working their way across timezones to Europe a...
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3 Reasons Why Millennials Want Long Form Storytelling Over 'Snackable' Content There's an emerging case that long-form, high quality content might be the best way to build a millennial audience.
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In Hindsight: How The Marketing Of 'Zootopia' Won Big By Getting Weird The marketing for Disney's 'Zootopia' was wacky, inventive, and even weird in the demographics it targeted - and it paid off in a huge way.
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These floors sink into the ground to become swimming pools AGOR Engineering designs hidden pools. They're made with stainless steel contraptions that are waterproof and run on hydrolic systems that don't use oil. That way, they're safe. And also: expensive. One of these units is...
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E.U. Ministers Agree to Share Tax Details on Multinationals

The New York Times - 8 Mar 2016 16:54
The measures are a response to growing concerns about corporate tax avoidance that costs the European Union billions a year.
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Internet gambling starting to emerge in Africa

Venture Beat - 8 Mar 2016 17:00
Internet gambling starting to emerge in Africa The Internet and gambling know no borders. So it’s not surprising that online gambling is emerging in Africa. It’s hard to measure how much is happening with Internet gambling, but it has grown large enough to have i...
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Coming to the Commercial Property Market: Defaults

Wall Street Journal - 8 Mar 2016 13:34
New signs of weakness are surfacing in the commercial property market, ending a half-decade run of improvement with steadily climbing values.
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This student from the Bahamas faced suspension because of her hair Tayjha Deleveaux is from the Bahamas, where 90.6 percent identify as Afro-caribbean. Her principal reprimanded her for having "uncombed and unkempt" hair in front of her entire class, and threatened her with suspension...
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How Ex-CIA and FBI Agents Taught Me to Tell if Someone is Lying Here are 4 lessons from ex-CIA and FBI agents on detecting lies.
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Airline calls the proxy fight a 'hostile action' that could distract it from executing new CEO's strategic plan.
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The governor of Pennsylvania has raised the minimum wage for state employees by 40 percent HARRISBURG, Pa.
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The 80/20 Rule And How It Can Change Your Life What is the 80/20 Rule and could it actually make 80 percent of your work disappear?
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Elon Musk and Tim Cook Attend Forum Reportedly About 'Stopping' Donald Trump Tech leaders were joined by Republican Party leaders like Senate Majority Leader Mitch McConnell and former presidential adviser Karl Rove at the American Enterprise Institute's annual World Forum.
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Bangladesh bank says hackers stole $100M from its New York Fed account The Federal Reserve Bank of New York was hacked -- and $100 million was swiped from the Bangladeshi government's account, Bangladesh's central bank charged Monday. The Central Bank of Bangladesh said the cyberthieves lau...
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As the company struggles with declining customer traffic due to food safety issues, Chipotle Mexican Grill (NYSE: CMG) announced in February that it is committing $10 million to provide education, training and financial ...
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Gary Vaynerchuk What’s the biggest "but" you hear from others that holds them back? What is your "but" and how do you get off of it? Oh my God, the excuses. When you start a sentence with "I want to ..." then end up wi...
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Apple CEO Tim Cook's family couldn't afford a typewriter when he was growing up (AAPL) AP Apple CEO Tim Cook is quietly celebrated in the small town of Robertsdale, Alabama, according to The Washington Post, which published a profile of Cook on Tuesday with lots of color about where he grew up. The basi...
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Amazon bets on universities as its brick-and-mortar expansion continues ANALYSIS: Amazon is continuing its big push into the brick-and-mortar realm today with the news that it’s opening a new staffed pickup location at the Georgia Institute of Technology, the first Amazon pickup location i...
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The Division's servers are down with intermittent 'Sierra,' 'Romeo,' and 'Mike' errors It’s weird that game companies keep celebrating new launches by setting their online servers on fire. You’d think they would eventually learn. Ubisoft debuted Tom Clancy’s The Division tonight (or early this mornin...
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Why Now Is The Time For The Middle East To Invest In Youth And Innovation Guest post by Hala Fadel
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