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Business News

Location American Business News for 13 February 2018

Most Mini-IPOs Fail the Market Test

Barron's - 13 Feb 2018 19:04
Most Mini-IPOs Fail the Market Test Created by the JOBS Act, these lightly regulated offerings dropped sharply as the broader markets raced ahead in recent years. Can they be fixed or should they be scrapped?
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Oritani in N.J. agrees to improve BSA compliance

American Banker - 13 Feb 2018 02:08
The company must develop and implement a system of internal controls to ensure full Bank Secrecy Act and anti-money-laundering compliance.
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A US jet destroyed a Russian T-72 battle tank in 'self defense' in Syria TSGT Joe Coleman A US jet operating in Syria destroyed a Russian-made T-72 battle tank near Al Tabiyeh, Syria, on Saturday. The tank was destroyed one week after Russian forces reportedly fired on a position with US troo...
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PepsiCo's snack sales offset losses from soft drink decline PepsiCo's sales topped Wall Street forecasts in the fourth quarter, as higher demand at its snacks business that makes Doritos and Cheetos made up for a decline in sales of sugary drinks. PepsiCo on Tuesday also announce...
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Personal debt: Are Americans responsible with their paychecks? Many Americans are making short-term decisions that do long-term damage.        
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DETROIT/SEOUL
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Could Chinese-style market-rigging could be happening in US? The world -- especially as it relates to stock markets -- really is a small place. Case in point: The Chinese government rigged its stock market before trading began this week. And that, in turn, helped US equities stage...
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Weinstein Co. Could Be Headed For Bankruptcy As NY AG Files Suit New York State Attorney General Eric Schneiderman has filed a lawsuit against The Weinstein Company for civil rights violations. The lawsuit complicates the sale of the company for $500 million to a group of investors le...
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Doubling Down on Altaba, Disney and UPS

Barron's - 13 Feb 2018 23:49
Doubling Down on Altaba, Disney and UPS Pennsylvania's public-school pension made some big moves in the fourth quarter.
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Women who work at Mastercard Inc. earn 99.1 cents for every dollar men make for "equal performance at the same level," according to a report the company released Monday.
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(Reuters) - Walgreens' potential move to buy a drug distributor in which it already has a 26 percent stake has some analysts questioning the logic and wondering if it would be enough to compete in an evolving U.S. health...
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YouTube's CEO explains why the site hasn't banned Logan Paul over his recent controversies YouTube CEO Susan Wojcicki said at a media conference Monday that the controversial YouTube star Logan Paul hasn't violated enough policies to be banned from the platform. YouTube temporarily suspended paid advertising o...
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Unilever threatens to pull online ads from 'toxic' platforms Keith Weed is mad as hell about online fake news and toxic content and he's not going to take it any more. Weed, who controls a nearly $10 billion ad budget at Unilever, sent a clear message to Facebook, Google, Amazon a...
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GM just began the process of exiting the South Korean market (GM) Joe Raedle/Getty Images GM CEO Mary Barra put GM on notice after the carmaker reported Q4 and full-year 2017 earnings. The carmaker has shown no hesitation about leaving markets where it can't maximize its return on inve...
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Here's what could happen now that the oil bubble has burst

Business Insider - 13 Feb 2018 04:30
Here's what could happen now that the oil bubble has burst Reuters Staff There has been an oil bubble, and it bursted. Bulls will be bulls, but the oil market won't get hot soon. Those analysts who warned that oil prices can’t go on rising forever now have the chance to tell e...
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Bottom line: It may be too early to give the all-clear. By Michael Brush.
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CRYPTO INSIDER: Litecoin is getting ready to fork

Business Insider - 13 Feb 2018 19:53
CRYPTO INSIDER: Litecoin is getting ready to fork youTube Welcome to Crypto Insider, Business Insider’s roundup of all thebitcoinandcryptocurrency newsyou need to know today.Sign uphere to get this email delivered direct to your inbox. The Litecoin Cash foundation ann...
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Online lending startup targets middle-market companies

American Banker - 13 Feb 2018 19:08
Neptune Financial plans to use technology to improve the efficiency in making loans to companies with $10 million to $100 million in annual revenue.
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First Data needs to pursue high-growth initiatives (FDC)

Business Insider - 13 Feb 2018 19:02
First Data needs to pursue high-growth initiatives (FDC) BI Intelligence This story was delivered to BI Intelligence "Payments Briefing" subscribers hours before appearing on Business Insider. To be the first to know, please click here. Major US payment processor First Data re...
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Take Your Company Into Huge Growth Mode With This Simple Team Technique When everyone joins in a daily huddle, you get good will and accountability. And great things happen.
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CNN plans to lay off some digital workers

New York Post - 13 Feb 2018 18:58
CNN plans to lay off some digital workers CNN is expected to eliminate fewer than 50 positions as part of a retrenchment among some of its digital properties, the latest media outlet to temper its outlook for growth in the medium. "We've been transparent about o...
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Litecoin is sliding after its first competing fork is announced Markets insider Litecoin is falling after its first hard fork was announced. It will occur next week. Litecoin cash is not affiliated with litecoin in anyway, and litecoin founder Charlie Lee has warned it could be a sca...
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