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Business News

Location American Business News for 22 April 2016
Uber has agreed to pay up to $100 million and make several policy concessions to settle a pair of major class-action lawsuits in two states that will keep its drivers independent contractors instead of employees, both si...
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Millennial Mom Revolutionizes An Age-Old Product, Gets A Huge Shark Tank Push Up Sara Moylan had a huge problem that other women pay an average of $3,600 to have. The voluptuous, nationally-ranked, fitness competitor and fitness model couldn’t find a bra that held her rack right. So she revolutioni...
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CFPB Rebuked by Judge for Exceeding Authority

American Banker - 22 Apr 2016 16:52
A federal district judge ruled that the Consumer Financial Protection Bureau has no power to investigate the Accrediting Council for Independent Colleges and Schools, an embattled accreditor of for-profit colleges. The r...
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It Pays to Upgrade Your Skills in a Knowledge Economy Knowledge is power. In today's workplace, it's about what you know, not who you know.
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Retiring: Thinking Beyond Money in Retirement

The New York Times - 22 Apr 2016 16:40
Retiring: Thinking Beyond Money in Retirement For some people, preparing for life after work includes finding meaning and purpose beyond their careers.
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How Going Viral Boosts Your Brand--and the Strategy for Making It Happen Nobody can guarantee viral content. But you can always learn from others' success.
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Work begins on computer chip plan near Utica

Miami Herald - 22 Apr 2016 08:57
Work is underway on a new computer chip manufacturing facility near Utica. …
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Stocks Sell-Off And Alphabet, Inc. (Google) Disappoints. Are Amazon, Apple and Facebook Next? GOOGL (Alphabet, Inc. Class A) showed significant weakness after Thursday’s close when they reported Earnings and Revenues short of Analysts’ Expectations. While it remains to see where the shares will reopen tomorro...
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Daimler to Investigate Its Diesel Emissions in the U.S.

The New York Times - 22 Apr 2016 06:44
At the request of the Justice Department, the German automaker said it was conducting an internal investigation regarding diesel exhaust emissions.
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How to Set the Perfect Goal in 6 Easy Steps How you set, track and achieve goals is often fraught with discrepancies. If, however you get them right, your performance improves.
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People who own one of 482,000 Volkswagen vehicles with 2-liter diesel engines will be able to sell them back to the company or have them fixed under terms of a deal announced Thursday by a federal judge. …
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Uber to pay up to $100 million in driver status suits The ride-hailing company's drivers will remain independent contractors under the settlement          
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Valeant may have found its new CEO

Business Insider - 22 Apr 2016 06:21
Valeant may have found its new CEO Thomson Reuters Valeant Pharmaceuticals International Inc is seeking to name Perrigo Co Plc's Joseph Papa as its new chief executive, CNBC tweeted, citing Dow Jones. Valeant is finalizing a contract with the Perrigo CEO ...
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McDonald's profits up more than a third

BBC - 22 Apr 2016 19:01
McDonald's profits jump by 35% in the first three months of the year helped by the continued popularity of all-day breakfast and cut price offers in the US.
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Google and Microsoft drag on US markets

BBC - 22 Apr 2016 18:57
Google and Microsoft drag on US markets Wall Street markets were mixed in early trading on Friday, as disappointing earnings from Google's parent, Alphabet, and Microsoft weighed on the tech sector.
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The 3 Things Venture Capitalists Say All Startups Must Do Venture capitalist Bill Gurley thinks unicorns are in for a rough ride in the months ahead. He wants other startups to stop making the same fundraising mistakes.
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China Blocks Apple iBooks Store And iTunes Movies

Tech Times - 22 Apr 2016 18:35
China Blocks Apple iBooks Store And iTunes Movies The Chinese media regulatory body has reportedly banned access to two popular services from Apple - iTunes Movies and iBooks Store. The closure is allegedly in a bid to have more control on content distribution.
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Another emissions scandal? Mercedes-Benz parent Daimler opens probe German automaker to look at how it certifies its emissions at U.S. Justice Dept. request.          
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U.S. stock indexes edge mostly higher in early trading as rising oil prices push energy companies higher
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American Airlines beats expectations despite tax bill American Airlines beat expectations, but reported a 25% drop in first-quarter earnings because of a changed federal tax bill          
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Qualcomm Forecast Q3 Profit Below Estimates As Chip Shipments Decline Qualcomm is projecting lower-than-expected third quarter sales due to a slowing down smartphone market. It is banking on its Snapdragon 820 processors and chip technology licensing agreement business to maintain momentum...
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