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Business News

Location American Business News for 26 September 2017

How Ellen Alemany is reinventing CIT

American Banker - 26 Sep 2017 20:08
American Banker's No. 3 Most Powerful Woman in Banking is embracing a major challenge in molding a commercial finance company with a spotty history into a profitable, middle-market bank.
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Animated map shows what would happen to Asia if all the Earth's ice melted Sea levels are rising. The oceans have been pushing higher at a greater rate year after year due to melting ice. And the Intergovernmental Panel on Climate Change (IPCC) estimates they could rise by another meter or more...
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14 questions to ask yourself at the end of every week to get the job you want Strelka Institute for Media, Architecture and Design/Flickr If you're onthe job huntright now or want to make sure you're in a job that'sthe right fit for you, you need to think about performance management in a new way....
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Target Raises Base Pay to $11 an Hour Heading Into Holidays

The New York Times - 26 Sep 2017 02:28
Target Raises Base Pay to $11 an Hour Heading Into Holidays Target, which plans to raise base pay to $15 an hour by 2020, aims to hire 100,000 seasonal workers during a tight labor market for retailers.
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'Game of Thrones' spinoff TV series could come as early as 2019, according to George R.R. Martin Getty Images George R.R. Martinbelieves one of the five “Game of Thrones” spinoffs in development could air by 2019, assuming everything goes according to plan. “We could possibly see two or even three make it to t...
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Talbots Is Celebrating the 'Ladylike' Badassery of Totally Normal Women Have you ever walked into a Talbots? My personal feeling has always been that it's for some nondescript older woman, though who she is (a mom?) and what she does (work in an office...?) remains unclear. All we know is, s...
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Payday lender operators forced to forgive $12M in loans New York on Monday announced a settlement with two payday lender operators -- barring them from working in the state and forcing them to forgive roughly 20,000 loans worth roughly $12 million. Total Account Recovery (TAR...
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Oil Price Rally Is Just Getting Started

Forbes - 26 Sep 2017 07:26
Oil Price Rally Is Just Getting Started There are a lot of fundamental tailwinds to keep oil moving much higher, not the least of which is an OPEC production cut into the persistent draw on supply over the past six months...
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Bitcoin market may be financing North Korea after sanctions You probably heard that there are newly imposed sanctions against North Korea. But I'm told the nations that put those sanctions in place are worried North Korea is getting around them by using the bitcoin market to get ...
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Richard Smith has resigned from the embattled Atlanta credit reporting company and will be replaced by Paulino do Rego Barros Jr., a seven-year company veteran. Board member Mark Feidler, a former telecom executive, was ...
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15 of the best companies for working moms

Business Insider - 26 Sep 2017 19:20
15 of the best companies for working moms flickr/inferis More and more, working moms are telling their employers that they need and deserve more support — and some companies have really been listening. To honor those organizations setting the standard for work...
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Payment processor Nets acquired for $5.3 billion

Business Insider - 26 Sep 2017 19:13
Payment processor Nets acquired for $5.3 billion BI Intelligence This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. US private equity firm Hellman & Friedman acquired Denmark-based payment proces...
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Wall Street analyst says 'no supercycle' from the iPhone X (AAPL) AP CountRaymond James analyst Tavis McCourt among the doubterswhen it comes to the question of whether Apple's new iPhone X is going to spur a "supercycle" that will boost the company'ssales and earnings. Despite that, h...
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All but a handful of workers are losing their jobs at Rexnord Corp.'s Indianapolis factory nearly a year after industrial bearings plant's closing was announced. Union officials say about 65 …
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Researchers may have found a simple way to reduce grocery store thefts Joe Raedle/Getty Images Before February 2010, Illinois delivered food stamps under the Supplemental Nutrition Assistance Program (SNAP) on the first day of every month. Then the state decided to spread distribution more ...
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Equifax CEO steps down after data breach; he'll still get $18-million pension Equifax announced Tuesday that its chief executive would step down effective immediately, weeks after the credit-reporting company disclosed a massive data breach. Richard Smith, who also served as chairman of the Equifa...
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Three Gold Stock Picks That Could Pan Out

Barron's - 26 Sep 2017 18:58
Three Gold Stock Picks That Could Pan Out Newmont Mining and Wheaton Precious Metals in the larger caps and Pretium Resources in the midcap space are favored.
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This pie chart shows how Goldman Sachs is trying to become the Google of Wall Street (GS) Twitter.com/GoldmanSachs It has been well documented that Goldman Sachs is on a mission to become the Google of Wall Street. And a pie chart in a new reportby CB Insights shows the degree to which the bank is trying to b...
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Kohl's CEO Kevin Mansell will retire in May (KSS)

Business Insider - 26 Sep 2017 18:56
Kohl's CEO Kevin Mansell will retire in May (KSS) Kohl's Department store operator Kohl's Corp said on Tuesday long-time Chief Executive Kevin Mansell would retire in May, and would be succeeded by Chief Merchandising Officer Michelle Gass. Gass joined Kohl's in 2013 an...
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US consumer confidence takes a hit from hurricanes US consumer confidence index dips to 119.8 in August after hurricanes hit Texas, Florida
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Equifax CEO retiring amid cyberbreach fallout

USA Today - 26 Sep 2017 18:52
Equifax CEO retiring amid cyberbreach fallout Richard Smith's departure takes effect immediately, making him the third Equifax official to leave after hackers compromised data for 143M consumers        
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California Cannabis Retail Market Revealed: Big Data Tells All California's cannabis market is about to go through big changes as prices are rising in the wholesale market. The black market could stay strong as some growers refuse to follow the new rules.
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