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Location American Business News for 3 May 2017
'The Handmaid's Tale' showrunner explains the brutal ending of episode 3 Hulu "Showrunners" is a new podcast from INSIDER, a series where we interview the people responsible for bringing TV shows to life. The following is a highlight from our interview with Bruce Miller- the showrunner of Hul...
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Michael Burry Predicts an Imminent Stock Market Crash

Lombardi Letter - 3 May 2017 16:46
Michael Burry Predictions for 2017 Michael Burry's predictions for 2017 are rather unpleasant. Unfortunately, they may also be right, because world events appear to be heading in exactly the direction. The post Michael B...
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MasterCard's quarter ends on a high note (MA)

Business Insider - 3 May 2017 16:44
MasterCard's quarter ends on a high note (MA) BI Intelligence This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. MasterCard, the second-largest US card network, posted strong growth in its Q1 ...
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The Saudis are losing market share to Iran and Iraq thanks to the OPEC deal Thomson Reuters Since the start of OPEC's production cuts, oil market analysts and experts have been focusing on how U.S. shale would respond to the relatively higher and stable oil prices, possibly eating up some of the...
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Synchrony faces its biggest test since going public

American Banker - 3 May 2017 23:08
Some investors have raised questions about the credibility of the firm's leadership since credit card issuer announced that its loss reserves would surge this year.
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Ocwen goes on the offense in fight with regulators

American Banker - 3 May 2017 23:08
In an attempt to show it went all out to help struggling homeowners, the embattled mortgage servicer Ocwen Financial provided an unusual level of detail about foreclosures it says regulators have deemed "inappropriate."
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Paladins is now playable on PS4 and Xbox One

Venture Beat - 3 May 2017 17:00
A PC gaming free-to-play success story is expanding its territory. Developer Hi-Rez Studios announced today that its team-based shooter Paladins in now available on PlayStation 4 and Xbox One in open beta. The free-to-pl...
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Sen. Sherrod Brown, the top Democrat on the Senate Banking Committee, came out swinging Wednesday after the Treasury Department confirmed it would select banking attorney Keith Noreika as the interim head of the OCC.
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US services firms grow faster in April

ABC News - 3 May 2017 16:51
US services firms grow faster in April US services firms pick up the pace in April
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Why More Executives Should Consider Becoming a CHRO

Harvard Business Review - 3 May 2017 16:45
It’s the most misunderstood role in the C-suite.
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Prices for most U.S. homes remain below precrash peaks Only about one-third of homes have topped their prerecession highs.        
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Perrigo Co. said Tuesday its offices were searched by investigators conducting a federal probe of price collusion in the generic-drug industry.
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Curry's exit heralds end of Obama-era supervision

American Banker - 3 May 2017 23:08
The Trump administration's formal ouster of Comptroller of the Currency Thomas Curry has set in motion a sea change atop financial regulatory agencies that will likely unfold slowly over the next year.
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Tim Cook: Everyone talking about next iPhone hurting sales Apple revealed a surprise drop in iPhone sales for its most recent quarter -- a sore disappointment that Chief Executive Tim Cook partly blamed on leaks about upcoming models. The Cupertino, Calif., tech giant sold 50.8 ...
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'Every single soul knows this bill won't become law'

American Banker - 3 May 2017 03:08
The House Financial Services Committee began debate Tuesday on a sweeping regulatory reform bill, yet while it is expected to pass on party lines, few expect it to standa chance in the Senate.
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Queer Community Ready To Wage War On Trump's Rumored 'Religious Freedom' Order In what could be a troubling strike against the LGBTQ community, President Donald Trump is reportedly planning to sign an executive order on religious liberty as early as Thursday. If signed, the controversial measure wo...
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The United States’ largest advocacy group for doctors on Wednesday said the latest iteration of Republicans’ bill to repeal and replace Obamacare would eliminate protections for people with pre-existing conditions an...
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Here's the email you should send to everyone you know when you're looking for a new job Omar Havana/Getty Images Telling people that your life is anything less than perfect can be embarrassing. As in: I'm single, but I'd like to be in a relationship. Or: I have a job, but it's not really fulfilling, and I'd...
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Cisco's 2017 Acquisitions Hit $4.3 Billion

Barron's - 3 May 2017 17:33
Cisco's 2017 Acquisitions Hit $4.3 Billion Cisco more recently agreed to acquire Viptela for $610 million, which will enhance the recurring revenue stream.
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Watch as the owner of Smithfield's Chicken 'N Bar-B-Q addresses allegations that employees sang the NWA song "F--- the Police" to officers last week while they ate. …
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Entegra Financial disclosed that it held First NBC subordinated debt. An impairment charge tied to the bank's failure will lower Entegra's first-quarter profit by $441,000.
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(Reuters) - U.S. crude stocks fell last week, while gasoline stocks increased and distillate inventories fell, the Energy Information Administration said on Wednesday.
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