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Business News

Location American Business News for 28 September 2016

No one is buying Deutsche Bank's 'comfortable' story

Business Insider - 28 Sep 2016 00:01
No one is buying Deutsche Bank's 'comfortable' story REUTERS/Kai Pfaffenbach Shares of Deutsche Bank got bashed 7.6% today, to €10.49 in Frankfurt, down 67% from April 2015, to the lowest level since they started trading on the Xetra exchange in 1992. They traded below t...
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Silicon Valley The Sequel: Taiwan's Bold Plan To Save A Troubled High-Tech Industry Few conversations about high-tech go by in Taipei without a reference to the Silicon Valley. A Taiwanese startup founder might have just visited the fabled California tech hub or a venture capital firm there is traveling...
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CU Bancorp in Calif. Hit with BSA-Related Reg Order

American Banker - 28 Sep 2016 17:24
CU Bancorp in Los Angeles has agreed to a consent order to address deficiencies in its Bank Secrecy Act and anti-money laundering compliance program.
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(Reuters) - Brewing company Anheuser-Busch has agreed to pay $6 million to settle charges that it violated U.S. anti-bribery laws and also "chilled a whistleblower," the U.S. Securities and Exchange Commission said on We...
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A trendy NYC restaurant didn't find out the Obamas were coming for dinner until 5 minutes before they arrived Yelp When the Obamas showed up for dinner at Cosme last Monday night it was a surprise to everyone, including the restaurant's maître d', its waiters, and even its chef.  That's because when the Barack and Michelle ...
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SAN FRANCISCO
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Toy Ad Uses Beyoncé Song To Smash Gender Stereotypes

The Huffington Post - 28 Sep 2016 17:34
Toy Ad Uses Beyoncé Song To Smash Gender Stereotypes A new toy store ad is receiving high praise for a simple but meaningful reason. Smyths Toys Superstores, which sells toys across Ireland and the U.K., released a new ad that shows a little boy singing a version of Beyonc...
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Venezuela crisis: I flew to U.S. to buy toilet paper Venezuelans, who can, are traveling to the United States to buy basic goods as chronic shortages erode a sense of normalcy.
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5 Ways to Keep Your Biggest Competitor at Bay Rather than fearing the competition, here's how to become their worst nightmare.
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Big-ticket orders at U.S. factories dip a bit

CBSNews - 28 Sep 2016 18:42
August's durable goods report slipped from July's reading, mainly due to the volatile commercial aircraft category
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WASHINGTON
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The Apple co-founder knew how to captivate an audience. Here are a handful of traits that made him a powerful public speaker and leader.
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The 27 colleges where engineering students go on to earn the most money Stanford University/Facebook At Columbia University, most undergraduate students must pass a swim test in order to graduate. Engineering students at the school's Fu Foundation School of Engineering and Applied Science, h...
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These 10 companies control almost everything you eat and drink Oxfam Only 10 companies control almost every large food and beverage brand in the world. These companies — Nestlé, Pepsico, Coca-Cola, Unilver, Danone, General Mills, Kellogg's, Mars, Associated British Foods, and Mo...
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BlackBerry to stop making its own phones Read full story for latest details.
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From Idea To Industry: Dave Asprey, Bulletproof The secret to great public relations is to think of your audience first, according to Bulletproof founder Dave Asprey. Here's how he's made his idea--biohacking--into a global phenomenon.
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Here's How To Punch Martin Shkreli In The Face Here's something that may actually be priced at free market value. Former hedge fund manager and Turing Pharmaceutical CEO Martin Shkreli is now auctioning off an opportunity to punch him in the face.
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23 ways to make your life more luxurious without spending a fortune TissueDesign You don't need a pet tiger or private island to live luxuriously. As thousands of Redditors recently avowed in an AskReddit thread, sometimes high-quality toilet paper and a soothing cup of tea can make you ...
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Cable TV companies could lose nearly $1 billion to cord-cutters in the next year 20th Century Fox Cable TV companies could lose nearly $1 billion to people cutting the cord over the next year, according to a new study by management consulting firm cg42. The firm estimates that 800,000 cable customers...
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With 66% unemployment, Mogadishu, Somalia is the world's most fragile city Thomson Reuters Earlier this year, global security expert Robert Muggah released a report that outlined the most "fragile" cities in the world — basically, cities that were flirting with economic or physical collapse. ...
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Wells Fargo claws $41M from CEO

USA Today - 28 Sep 2016 06:04
Wells Fargo claws $41M from CEO The board of directors at Wells Fargo took monetary action as testimony looms.          
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Wells Fargo Claws Back Part of CEO, Other Executive's Salary Wells Fargo says CEO John Stumpf and the executive who ran the bank's retail banking division will forfeit tens of millions of dollars in bonuses as the bank tries to stem a scandal over its sales practices
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