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Business News

Location American Business News for 10 April 2017
This 36-year-old CEO is betting $560,100,000 on 1 stock We think this company is strikingly similar to an early Amazon.com...        
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FHA can't put off technology upgrades any longer

American Banker - 10 Apr 2017 16:53
The Federal Housing Administration needs additional funds to replace a 1960s-era computer operating system and make other necessary tech updates.
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Sergio Garcia finally wins the Masters -- here's how he spends his millions and lives his life off the course Sergio Garcia has finally done it. After a thrilling back-9, going head-to-head with Justin Rose, Garcia won the Masters, his first major, with a birdie putt on the first hole of the playoff. The win came in the 74th maj...
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8 reasons you didn't make it past the first interview

Business Insider - 10 Apr 2017 21:05
8 reasons you didn't make it past the first interview You breezed through the phone screening and your first interview went surprisingly well. But weeks go by and you never hear back. If you do end up getting a rejection email, you're left staring numbly at an auto-response...
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A glass-bottomed sky pool just opened in Houston -- and it's both terrifying and amazing @blackforestmom67 / Instagram The INSIDER Summary: A new luxury apartment complex in Houston, Texas, has a rooftop pool. There's a section of the pool that has a glass bottom and extends out over the building. Swimmers c...
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3 Ways You're Screaming 'I'm Average' at Work These behaviors are dead giveaways that you're not thinking big enough for yourself.
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Amazon at $1,000, Wall Street's Not-So-Bold Call

Wall Street Journal - 10 Apr 2017 16:39
Ten analysts now predict Amazon's shares will eclipse the $1,000 mark in the next year, and 13 others have price targets within 5% of that goal.
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Asian shares mixed as attacks in Egypt add to uncertainties Asian shares are mixed after attacks by suicide bombers on churches in Egypt added to uncertainties in the Middle East
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The Deeper Scandal of That Brutal United Video

The Atlantic - 10 Apr 2017 22:03
The footage is shocking. So is the law.
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How companies and consumers benefit from AI-powered networks GUEST: With more than 12,500 patents, eight Nobel prizes, and a 140 year history of field-testing crazy ideas, no one should be surprised that AT&T would be an important player in artificial intelligence. "AT&T is a back...
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Washington's Metro system can't handle what it already has, and this light-rail line project will never cover its costs, says Diana Furchtgott-Roth.
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Avi Gilburt expects the S&P 500 to rally to around 2,500 this summer.
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What's at Stake in Trump's Proposed E.P.A. Cuts

The New York Times - 10 Apr 2017 19:17
What's at Stake in Trump's Proposed E.P.A. Cuts President Trump's proposed cuts in environmental programs go far beyond climate change. They would also affect clean water, law enforcement and pollution cleanup.
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Wells Fargo claws back $75M more from Stumpf, Tolstedt

American Banker - 10 Apr 2017 16:53
The latest compensation-related punishments were announced Monday in a long-awaited report from the firm's board of directors.
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Foxconn Technology Group of Taiwan has told Toshiba Corp. that it is ready to pay as much as 3 trillion yen ($27 billion) for Toshiba's computer-chip business, people familiar with the matter said.
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Raw: Multi-million dollar earrings shown in U.K.

USA Today - 10 Apr 2017 16:46
Raw: Multi-million dollar earrings shown in U.K. The most valuable earrings to ever be put up for auction have gone on display in London. The "Apollo Blue" and "Artemis Pink" diamonds have a combined valuation of $50-$70 million dollars. (April 10)        
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Toyota announces $1.33 billion investment in Kentucky plant Toyota said Monday it is investing $1.33 billion to retool its largest factory _ in Georgetown, Kentucky _ where the company's flagship Camry sedan vehicles are built
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Vivendi relaunches Dailymotion to take on YouTube

New York Post - 10 Apr 2017 16:37
Vivendi relaunches Dailymotion to take on YouTube Universal Music Group owner Vivendi is aiming to relaunch its video-sharing site Dailymotion in the hopes of creating a premium online destination to eventually rival YouTube. The service aims to aggregate content and cu...
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The Future Of Online Gambling Under Attorney General Jeff Sessions Trump's pick for Attorney General hasn't got any love for online gambling. State administrations, on the other hand, want him to stay out of their business. What is the future of online gambling?
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Shell Knew Of Bribe Payments To Nigerian Official, Global Witness Report Alleges A recent publication of leaked emails has found evidence that Shell knowingly bribed ministers in the Nigerian government. Global Witness, an anti-corruption NGO, described the episode as "one of the worst corruption sca...
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Energy companies led U.S. stock indexes to modest gains in early trading Monday as the price of crude oil headed higher. Utilities stocks were the only laggard. Investors had their …
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A state worker has sued the Kentucky Transportation Cabinet, alleging sex discrimination and claiming that someone defecated in her office and urinated on her chair. Sandy Sizemore Jackson said janitors …
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