Business News
KB Home CEO Jeffrey Mezger censured after rant about neighbor Kathy Griffin
USA Today - 21 Sep 2017 19:40
Company also cut Jeffrey Mezger's bonus by 25% after vulgar rant directed at neighbor Kathy Griffin over her noise complaint to police went viral.
Here are all the changes Amazon is making to Whole Foods (AMZN)
Business Insider - 21 Sep 2017 19:49
Reuters Whole Foods is swiftly transforming under Amazon's control. Amazon's $13.7 billion acquisition of Whole Foodsformally went throughin August. The changes began immediately, from cutting costs to internal restructu...
Minecraft Built a Colossal Machine Inside the Game to Advertise a Special New Update
AdWeek - 21 Sep 2017 19:56
In-world advertising is always a fun tactic for gaming brands. And now, Minecraft has gotten into the act, enlisting ad agency 215 McCann to build a giant machine inside the Minecraft world--whose mismatched components s...
Yellen signals Wells may face more actions
American Banker - 21 Sep 2017 03:08
Federal Reserve Chair Janet Yellen said Wells Fargo's treatment of customers was "egregious and unacceptable," hinting that more regulatory action was likely.
Frequent Flyer Denied Second Carry-On Bag Demands An Explanation
Forbes - 21 Sep 2017 18:25
Frequent flyer Joyce Gioia was confounded when she was told she couldn't bring a personal item aboard an American Airlines flight. If you find airlines' carry-on bag rules confusing, you may want to learn what happened t...
Lego Hit a Wall Because It Grew Too Quickly. Here's How to Pace Your Company
inc - 21 Sep 2017 04:46
Lego hit a brick wall because it was growing too fast to focus - it needed to pace its business growth to stay in focus
Bandhan Bank IPO to hit markets next fiscal
livemint.com - 21 Sep 2017 14:57'South Park' Review: 'Put It Down' Is A Glorious Return To Sharp, Surreal Satire
Forbes - 21 Sep 2017 22:09
A brilliantly bizarre episode that was a little too close to reality.
Plan to ease U.S. firearm export rules may relieve gunmakers facing sales slump
Reuters - 21 Sep 2017 06:15
SAN FRANCISCO
Auberge Resorts: How A Small, Family Company Became A Player In Ultra-Luxury Hospitality
Forbes - 21 Sep 2017 21:04
Auberge Resorts Collection is a small, family company known in the hospitality industry for developing and operating ultra-luxury inns and resorts across the Americas, competing against companies many times its size, as ...
Amazon is bringing 2,000 jobs in advertising, fashion to New York City
USA Today - 21 Sep 2017 19:41
Amazon has promised to create roughly 6,000 jobs across New York state by 2019. Next year, Amazon will open a new office in Manhattan.
TGI Friday's agrees to settle wage suit for more than $19M
New York Post - 21 Sep 2017 19:34
TGI Friday's is finally ready to pay up. The 52-year-old restaurant chain has agreed to pay a whopping $19.1 million to settle accusations that it chronically underpaid its servers, bussers, runners and bartenders for ye...
SEC reveals 2016 hack that breached its filing system
News Observer - 21 Sep 2017 06:55
The Securities and Exchange Commission says a cyber breach of a filing system it uses may have provided the basis for some illegal trading in 2016. In a statement posted …
Trump's rally in Phoenix, Arizona, reportedly cost the city $450,000
Business Insider - 21 Sep 2017 03:44
Ralph Freso/Getty Images President Trump's campaign rally in Phoenix last month cost the city more than $450,000, according to a report. Trump delivered a wide-ranging, 76-minute long speech at a campaign rally at the Ph...
14 Things Everyone Should Know About Blockchains
Forbes - 21 Sep 2017 08:28Google buys part of HTC's smarpthone division for $1.1 billion
Market Watch - 21 Sep 2017 07:03
Google and HTC Corp. announced a $1.1 billion cooperation agreement Wednesday night, as part of a move by the U.S. tech giant to bolster its hardware offerings.
Perry Ellis executive chairman George Feldenkreis steps down
Miami Herald - 22 Sep 2017 01:48
Perry Ellis International, the Doral-based global clothing retailer, announced it was eliminating the position of executive chairman held by former CEO George Feldenkreis. J. David Scheiner, the former president and …
Wells Fargo issues first outlook for 2018 from Wall Street and it's not bullish
USA Today - 21 Sep 2017 19:53
Wells Fargo Investment Institute issues its 2018 year-end target range for the S&P 500. It predicts the index will end next year between 2,450 and 2,550.
Standard & Poor's cuts China credit rating, citing debt
L.A. Times - 21 Sep 2017 19:40Why Coke is endorsing a fake sports star
Business Insider - 21 Sep 2017 19:35
EA It's not necessarily big news when an athlete lands a big endorsement deal, like LeBron James signing on with Nike, or Tom Brady shilling for Ashton Martin. But Coke inking a big deal with soccer star Alex Hunter may ...
Starling Bank aims to fly with £40m funding
Sky News - 21 Sep 2017 19:35
The first of Britain’s digital-only challenger banks to launch into the current account market is kicking off talks with investors about a new funding round to propel its international expansion.
US stock indexes edge lower in morning trading; oil falling
ABC News - 21 Sep 2017 19:31
U.S. stock indexes are headed lower in morning trading, wiping out modest gains from a day earlier