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Business News

Location American Business News for 8 June 2017

Is CFPB being stretched thin by litigation?

American Banker - 8 Jun 2017 00:08
Litigation is soaking up a significant share of resources at the Consumer Financial Protection Bureau, which faces at least a dozen cases challenging its constitutionality and a surging number of legal disputes to its en...
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Asian shares flat as UK vote, ECB meeting loom Asian shares hold steady as investors assess economic data and await UK vote, ECB meeting
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Members of a Russian crime syndicate charged with stealing 10,000 pounds of chocolate Chloe Pantazi/INSIDER Thirty-three suspected members of an organized Russian crime syndicate were arrested on suspicion of various crimes, including robbery, murder-for-hire conspiracy, firearms offenses -- and stealing ...
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The most important invention from every state

Business Insider - 8 Jun 2017 19:00
The most important invention from every state Whether it's two bicycle repairmen from North Carolina creating a flying machine or an enterprising scientist from Washington building an artificial heart, the beauty of inventions is they can come from pretty much anywh...
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This Startup Can Help You Land a Coding Job With the Golden State Warriors Jopwell announced deals with professional teams including the Golden State Warriors, the Boston Celtics, and the L.A. Clippers, to connect minority candidates to jobs.
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A Winner Emerges From The Qatar Crisis: Oman's National Airline The standoff between Qatar and a Saudi-led coalition of states has disrupted the hub and spoke systems of the region's big three airlines, Qatar Airways, Etihad and Emirates. Second-tier Oman Air can still fly freely whe...
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5 clever ways Amazon gets you to spend more

News Observer - 8 Jun 2017 10:00
Selling everything from clothing to pocket-sized cannons for your desk, Amazon is an online retailer like no other. The company has earned a reputation for offering competitive prices and fast …
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AOL, Yahoo could lose 1,000 jobs after Verizon buyout The Verizon buyouts of AOL and Yahoo could result in the loss of 1,000 jobs across the companies, according to a report. That would come to something less than 20 percent of the combined companies' total employees, the r...
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FBI ex-chief's Senate performance attracted millions, distracting workers who could've gone about their daily jobs instead
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As Low-Paid Airline Kitchen Workers Speak Out, American And Delta Say They Have Paid For Raises As a cavalcade of low-paid catering workers head to American's annual meeting to seek higher pay, American and Delta say they have absorbed higher costs in connection with minimum wage ordinances.
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Why Sales Reps Fail To Woo C-Level Buyers

Forbes - 8 Jun 2017 18:19
Why Sales Reps Fail To Woo C-Level Buyers Sure, reps are the ones selling - but they're not the only ones who need to be deeply familiar with these skills. This approach is often something new for managers too, and they need to be adept at coaching reps to maste...
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An award-winning journalist says people who claim Trump isn't their president hurt US troops (Photo by Todd Williamson/Invision for HBO/AP Images) Sebastian Junger has a message for lawmakers: the partisan warring of politicians in Washington DC is hurting the American military more than they realize. "Unity is ...
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Struggling Indian-American bank finds a buyer

American Banker - 8 Jun 2017 16:53
BCB Bancorp will pay $20 million for Indus American Bank, a New Jersey institution that focuses on the South Asian-American business community. Indus American lost a total of $2.5 million in 2015 and 2016.
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Chinese companies' weak record on foreign deals

The Economist - 8 Jun 2017 16:46
Chinese companies' weak record on foreign deals CONSIDERING the size of China's economy, it seems inevitable that its firms will eventually play a huge role on the world stage. Yet China Inc's adventures abroad in the past 15 years have been a mixed bag. Thousands of ...
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A supermarket employee brought two guns to work overnight Thursday and fatally shot three fellow employees before turning the gun on himself, Pennsylvania state police said. Troopers from the Tunkhannock …
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Stock indexes waver; Nordstrom soars as it considers going private U.S. stock indexes wavered between small gains and losses in early trading Thursday. Utilities were down the most, while banks led the gainers. Investors had their eye on Washington, where former FBI Director James Comey...
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European Central Bank Meeting Focuses on 'Forward Guidance'

The New York Times - 8 Jun 2017 06:01
European Central Bank Meeting Focuses on 'Forward Guidance' While no changes to monetary policy are likely, the bank may offer clues about how quickly it will ease economic stimulus to the eurozone
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Hudson's Bay Co., owner of Saks Fifth Avenue and Lord & Taylor, said Thursday that it would eliminate about 2,000 positions as part of restructuring efforts, the latest sign of deepening distress in the retail sector.
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4 Things You Didn't Know About LeBron James's Business Empire The four-time MVP is also the co-founder of Uninterrupted, a multimedia venture that offers viewers documentaries, web series, and podcasts about their favorite athletes.
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Don't Be The Company, Be The Owner

inc - 8 Jun 2017 16:28
Don't Be The Company, Be The Owner Coming to grips with building an Enterprise
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US stock indexes mixed in early trading; oil slides

Miami Herald - 8 Jun 2017 16:26
U.S. stock indexes wavered between small gains and losses in early trading Thursday. Utilities were down the most, while banks led the gainers. Investors had their eye on Washington, where …
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US stock indexes mixed in early trading; oil slides U.S. stock indexes are wavering between small gains and losses in early trading
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