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Business News

Location American Business News for 29 April 2016
There are hot springs in Mexico that hang off the side of a cliff Las Grutas de Tolantongo is a natural spa resort in the Mexican state of Hidalgo. Thanks to the surrounding volcanic mountains, thermal springs spill out into incredible hot springs that hang off the side of a cliff. Sto...
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The 9 Things Recruiters Say Should Be In Your Thank-You Note A thank-you note is a critical opportunity to seal the deal on a job opportunity after an interview. Here are the things you should include. If you've reached the stage of your job search where you're sending thank-you n...
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Ex-Goldman programmer wants bank to pay $7M legal bill

New York Post - 29 Apr 2016 04:05
Ex-Goldman programmer wants bank to pay $7M legal bill Sergey Aleynikov only wants 35 minutes of Goldman Sachs Chief Executive Lloyd Blankfein's time. The Wall Street powerhouse faced off against its former computer programmer in a Delaware court on Thursday in at least its ...
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Lawsuit: Bank's coin counters shortchanged customers A proposed class-action lawsuit against TD Bank seeks damages for customers it claims were shortchanged by coin-counting machines.          
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The billionaire investor says the company is still "great," but he fears China is going to hold back its growth
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The Bancorp in Delaware Swings to Loss, Hit by AML Costs

American Banker - 29 Apr 2016 19:41
The Bancorp in Wilmington, Del., swung to a first-quarter loss on higher costs to review and improve its compliance with anti-money-laundering laws.
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Research: Vague Feedback Is Holding Women Back

Harvard Business Review - 29 Apr 2016 14:05
“Great job!” is not helpful.
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To Hire A Million People A Month, Look At The Apparel Sector: Report South Asia will have nearly one million job seekers every month for the next three decades. One area of potential employment for them is the apparel industry, says the World Bank in a new report.
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Apple employee found dead at HQ shot himself The Apple employee found dead Wednesday at the company's headquarters killed himself.
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Could Italy be the unlikely saviour of Project Europe? Italy is resuming its historic role as a source of Europe's best ideas and leadership in politics, and also, most surprisingly, in economics As the European Union begins to disintegrate, who can provide the leadership to...
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These Are The Most Popular Car Brands For Millennials As the maker of Millennials’ favorite entry-level luxury car prepares to turn 30, it seems appropriate to take a look at the brands most popular with the under-35 crowd right now.
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Construction 'Blacklist' Settlement Reached

Sky News - 29 Apr 2016 17:49
Construction 'Blacklist' Settlement Reached A four-year fight for compensation is over for workers who claimed they were struggling to find work because of a blacklist.
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Missing Didcot worker's family vow to fight further demolition Fears that controlled explosion will throw more rubble on to power station wreckage under which three bodies remain trapped The family of a worker whose body remains trapped under the wreckage of Didcot A power station h...
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Economic Trends: How You're Making Facebook a Money Machine

The New York Times - 29 Apr 2016 16:26
Economic Trends: How You're Making Facebook a Money Machine The social media addiction of customers is feeding astonishing profits.
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Ex-Dividend Reminder: Discover Financial Services, Macerich and Opus Bank Irvine Looking at the universe of stocks we cover at Dividend Channel, on 5/3/16, Discover Financial Services (NYSE: DFS), Macerich Co. (NYSE: MAC), and Opus Bank Irvine (NASD: OPB) will all trade ex-dividend for their respecti...
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Valeant Pharmaceuticals Files Long Overdue Financial Results, Curing Default Risk Valeant's 10-K filing may usher in a process of recovery after months of turmoil, but it also gives new insight into extent of the drugmaker's woes stemming from operational weaknesses, poor disclosure, and regulatory in...
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Shark Tank Saves Startup A Hair Away From Death After Rejecting It Twice Alanna York shows how success in business can be as much about luck -- on the level of winning the $1 billion Powerball -- as it is skill. She and her partner Erica Gray had invested more than $400,000 in their curly hai...
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Thomson Reuters The Islamic State may exult in online portrayals of jihadis sweeping victoriously across Iraqi battlefields, but a camera recovered from the helmet of a dead fighter offers a contrasting picture of chaos ...
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Uncle Martian/Weibo A company in China just unveiled a premium sports clothing brand that looks very similar to Under Armour. Images from Uncle Martian's launch show were shared widely on social media this week when peop...
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Fairphone: one smartphone company's search for conflict-free gold A Dutch social enterprise has created the first Fairtrade gold supply chain for consumer electronics - will other mobile phone companies follow suit? Gold is an essential material in many of today's gadgets, with the ele...
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Samsung Q1 Profit Rises On Robust Galaxy S7 And Galaxy S7 Edge Sales As iPhone Sales Declined Healthy sales of Samsung's newest flagship smartphones, the Galaxy S7 and Galaxy S7 Edge, helped the company to increase its Q1 profits over last year. Meanwhile, Apple just reported its first-ever year on year revenue d...
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China's Banks Face Bad-Loan Pinch

Wall Street Journal - 29 Apr 2016 05:34
Chinese banks' precarious balance of provisioning just enough for bad loans while keeping profits flat won't last much longer.
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