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Business News

Location American Business News for 15 September 2017
Alphabet is reportedly considering investing $1 billion in Lyft (GOOGL) Andrew Kelly/Reuters Google parent company Alphabet is in talks to invest around $1 billion in Lyft, according to published reports. The talks are being driven by top officials at Alphabet, according to Axios. The potent...
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No more 6% commission – these brokers will sell your house for a flat fee London-based Purplebricks launches its new U.S. business in Los Angeles. It offers the full services of a regular real estate brokerage for just $3,200.        
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Why This Psychedelic Drug Is Drawing Entrepreneurs To Peru We followed entrepreneurs on a mastermind program to become the best version of themselves—thanks to some medicinal help from ayahuasca. We followed entrepreneurs on a mastermind program to become the best version of t...
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Angry Birds maker Rovio targets $1bn valuation Finnish mobile games developer Rovio sets the price range for its share listing.
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Equifax Drops Credit-Freeze Fees, But Breach Victims Still Have To Pay The temporarily free credit-lock service credit lock may not stop identity thieves from opening credit lines with the stolen information from the breach, which Equifax waited six weeks to reveal. What if every industry r...
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Deutsche Bank AG plans to consolidate its global wealth-management operations, despite the negative effect on client assets in some locations.
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Hurricane Irma hits service workers with more expense, no pay For those in the service industry, Hurricane Irma hits especially hard with extra expense and no pay.        
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JNJ May Benefit From Celltrion Issues

Barron's - 16 Sep 2017 00:32
JNJ May Benefit From Celltrion Issues The FDA found the Korean company did not follow through on its regulatory obligations in multiple areas.
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California's growth slowdown continues in August as the state loses 8,200 jobs California lost 8,200 jobs in August and the unemployment rate rose to 5.1%, according to data released Friday by the state's Employment Development Department.
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Motel 6 says its employees will no longer call immigration agents on its guests Motel 6 says its employees in Phoenix will no longer work with U.S. Immigration and Customs Enforcement agents following news reports that its workers were reporting on guests they believed were in the United States ille...
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Universal Credit wait a key factor in rent arrears, says DWP report Call for a pause in the roll-out of Universal Credit following the government's own report.
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Macy's to hire 80,000 for holidays

USA Today - 15 Sep 2017 19:43
Macy's to hire 80,000 for holidays The department store operator is hiring fewer workers overall for the holiday shopping season but boosting the number of workers who'll fulfill online orders. Fred Katayama reports. Video provided by Reuters       �...
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Alibaba, Baxter Propel Daniel Loeb Above S&P 500 Year To Date Loeb's activist Nestle investment stays flat
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Is democratized ID the answer to the Equifax breach?

American Banker - 15 Sep 2017 19:52
Security professionals have long argued against the use of static identifiers like passwords and Social Security numbers, while consumers have long questioned why a handful of bureaus can claim to be the ultimate judges ...
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Credit Suisse Group AG said it settled lawsuits brought by Massachusetts Mutual Life Insurance Co. over the sale of mortgage-backed securities before the financial crisis.
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Arsenal Launches Innovation Lab Dedicated To Sports & Technology Pro sports teams are becoming increasingly involved in tech and innovation. So much so that some teams go as far as launching hubs dedicated to the investment and incubation of startups, in the hope that it will impact p...
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Martin Shkreli is in prison -- and could face a harsher punishment when he's sentenced for securities fraud next year Getty Images Martin Shkreli is officially a federal inmate — inmate #87850-053 to be exact. The former pharmaceutical executive was sent toBrooklyn Metropolitan Detention CenterWednesday eveningafter having his $5 mill...
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Morton Salt's Bahamas facility damaged by Hurricane Irma

Chicago Tribune - 15 Sep 2017 20:28
Morton Salt's Bahamas facility damaged by Hurricane Irma Morton Salt's salt production facility on Great Inagua, the southernmost island of the Bahamas, sustained significant damage from Hurricane Irma last weekend, the company confirmed Thursday. The Chicago-based company emp...
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The Unlikely Return of Cat Stevens

The New Yorker - 15 Sep 2017 20:26
Howard Fishman on attending a Cat Stevens comeback concert and how the singer's changing persona over the years has affected those his music once meant a great deal to.
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The Indiana company could also use proceeds from the planned stock sale to pay off debt.
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Extra week in calendar costs state $23.2 million

Miami Herald - 15 Sep 2017 19:31
Vermont officials say they will allocate $3.55 million annually to help pay for calendar years that add an extra week of Medicaid benefits and payroll for state employees. The Times …
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How People Analytics Can Help You Build The Organization Of The Future The best business decisions are made by conducting your own research inside your organization
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