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Business News

Location American Business News for 21 April 2017
Volkswagen to pay $2.8 billion in US diesel emission scandal Volkswagen has been ordered to pay a $2.8 billion criminal penalty in the United States for cheating on diesel emissions tests
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100 songs everyone should listen to in their lifetime

Business Insider - 21 Apr 2017 18:32
100 songs everyone should listen to in their lifetime AP/Hermann J. Knippertz Some of these songshave gone down in the history books for breaking records and reaching new heights. Others might have been terribly received by critics, but are still adored by the masses to thi...
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Arconic used 'fake news' to scare shareholders: lawsuit Arconic, the aluminum parts maker under fire from an activist investor, used "fake news" to scare shareholders from voting in new board members, the Atlanta Firefighters' Pension fund claimed in a lawsuit filed Thursday....
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China created an enforcement team to crack down on fake economic data Guang Niu/Getty Images China is cracking down on fake economic data, perhaps partially in response to concerns from those outside the country that much of the nation's data is fabricated to reflect what the government wa...
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MBA outlines privatization plan for Fannie, Freddie

American Banker - 21 Apr 2017 00:08
The Mortgage Bankers Association released a detailed transition plan Thursday designed to help policymakers turn the government-sponsored enterprises into private guarantors of mortgage-backed securities.
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The Air Force is preparing to test a laser cannon on its 'Ultimate Battle Plane' DOD Ever since the Air Force announced the development of the AC-130J Ghostrider to replace older generations of Lockheed Martin's reliable fixed-wing gunship, Air Force Special Operations Command just can't seem to resi...
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The highest-paying job in every state

Business Insider - 21 Apr 2017 16:18
The highest-paying job in every state Phalinn Ooi/flickr Anesthesiologist is the highest-paying job in America, on average -- but it's only the top-paying profession in 17 states. We sifted through the US Bureau of Labor Statistics' Occupational Employment a...
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Bebe Is Closing All Of Its Stores After Years Of Losses The beleaguered women's retailer has about 180 stores.
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Learning From Juicero's Response To A Very Bad Day In PR A negative article has unleashed a storm of bad PR for Juicero. But here's what entrepreneurs can learn from their artful response.
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3 phone scams are costing Americans billions of dollars

Business Insider - 21 Apr 2017 05:16
3 phone scams are costing Americans billions of dollars MLazarevski/Flickr Cyber scams get a lot of attention these days, but swindling strangers the old-fashioned way -- via phone -- is still netting crooks billions in ill-gotten cash. Almost one in 10 American adults admit ...
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Trump's REUTERS/Jonathan Ernst U.S. President Donald Trump signedan executive order on Tuesday that would promote his "Buy American, Hire American" trade policy, an agenda that is worrying oil pipeline companies. Trump's executi...
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The newest 'Call of Duty' game is returning to where the series started: World War II Every year, a new "Call of Duty" game comes out-- it's an annual franchise, like "Madden" and "FIFA," except it's a first-person shooter instead of a sports game. 2017 is no different, and this year's "Call of Duty" is o...
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The Unicorn Frappuccino is cool ... for now

USA Today - 21 Apr 2017 20:10
The Unicorn Frappuccino is cool ... for now Food gimmicks create buzz for companies, then vanish.        
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The euro weakened against the dollar on Friday after a terror attack in Paris left one policeman dead and two others injured just days before the first-round vote in the French presidential election.
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US stocks meander as energy companies sink, industrials rise U.S. indexes are little changed in early trading as disappointing revenue from Schlumberger weighs on energy companies and strong results from Honeywell and Rockwell Collins send industrial stocks higher
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Momentum in the manufacturing and service sectors has slowed, according to data from Markit.
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Wells Fargo is agreeing to expand a recently settled class-action lawsuit by an additional $32 million as well as extend claims for fraudulent accounts that may have been opened going …
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If the government shuts down, IRS employees will likely be furloughed. This means late filers could see a delay in their tax refunds. The Center for American Progress estimates 2.5 million families will have $8 billion i...
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Social Media Advertising Spend Was Up 60% Year-Over-Year in Q1 (Report) With the changes in consumer behavior and so many options for digital media, channels and devices, deciding where to allocate your advertising budget can be a challenge. A first-quarter-2017 report from 4C Insights exami...
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Amex earnings show it's on the rebound after Costco sale (AXP) BI Intelligence This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. In its Q1 2017 earnings call, American Express posted results showing that it's...
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From Here To Where? Bitcoin And The Future Of Cryptocurrency Isn't it about time cryptocurrencies received mainstream recognition? Should governments be worried about altcoin being used to fuel illegal trading? What is the future of Bitcoin and Ether? These are all questions answe...
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Trump's Steel Battle Looks Unwinnable

Wall Street Journal - 21 Apr 2017 14:29
A big steel tariff is unlikely do much to boost U.S. growth or employment, given China's advantages.
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