Business News
Hyundai Agency Innocean and CCO Eric Springer Sued for Sexual Harassment, Discrimination and Retaliation
AdWeek - 9 Mar 2018 03:23
A lawsuit brought by a former executive at Hyundai's Innocean Worldwide accuses the agency and its chief creative officer of sexual harassment, discrimination, retaliation and wrongful termination. According to the suit ...
Broadcom says it won't sell Qualcomm's national security assets
New York Post - 9 Mar 2018 18:29
Broadcom has promised not to sell critical national security assets to foreign buyers if its deal to buy chipmaker Qualcomm is approved, another effort by the Singapore-based firm to appease U.S. security concerns. Separ...
MoviePass drops creepy 'app location' capability
New York Post - 9 Mar 2018 06:59
MoviePass won't be joining you and your date at dinner. The popular subscription service has removed its "app location capability" after some users got creeped out that MoviePass had the ability to track user whereabouts...
No serious bidders for potential GoPro sale
New York Post - 9 Mar 2018 07:29
GoPro won't be snapping selfies with a merger partner anytime soon. The struggling action-camera maker has failed to attract the serious interest of any bidders after hiring JPMorgan last year to explore a possible sale,...
Trump sets steel and aluminum tariffs but exempts Canada, Mexico
Reuters - 9 Mar 2018 07:20
WASHINGTON
Fight over Lehman Brothers' mortgage claims finally over
New York Post - 9 Mar 2018 07:11
After 10 years, the fight over Lehman Brothers' mortgage claims is over. In a final dispute over the defunct bank's residential mortgage-backed securities, a Manhattan bankruptcy court judge dealt a group of mostly hedge...
Dick's gets traffic surge after taking stand on gun sales
New York Post - 9 Mar 2018 06:56
Maybe Dick's Sporting Goods should have taken its bold move on guns sales years ago. Customer traffic to the 700-plus-store chain grew 3.7 percent the weekend after it announced it would no longer sell assault-style rifl...
The cryptocurrency world has gotten a lot more complicated since the original launch of bitcoin
Business Insider - 9 Mar 2018 06:01
Thomson Reuters The cryptocurrency world has gotten much more complicated since bitcoin's original launch, with new tokens serving different roles emerging almost constantly. An infographic shows when 25 of the most nota...
PayPal CEO says cryptocurrencies are just an experiment for now
American Banker - 9 Mar 2018 19:07
Speaking at the Economic Club of New York in Manhattan, PayPal Chief Executive Officer Dan Schulman said cryptocurrencies have a very uncertain future.
The Value of Giving Back to Those Who Can Help Themselves
inc - 9 Mar 2018 19:00
Don't waste your time on the people who aren't showing up in their own lives.
Report: Toys "R" Us may liquidate its bankrupt U.S. stores
CBSNews - 9 Mar 2018 18:49
The big-box toy retailer has so far failed to find a buyer or reach a restructuring deal with its lenders
Dow opens higher as wage data cools inflation fears
Reuters - 9 Mar 2018 18:33
(Reuters) - Dow Jones Industrial Average opened 160 points higher after payrolls data showed strong job additions in February, but a slowdown in wage growth pointed to a gradual rise in inflation, tempering expectations ...
False stories travel way faster on Twitter than true ones do, study finds
USA Today - 9 Mar 2018 18:32
False news stories travel faster and farther on Twitter than true ones do, according to a new MIT study in this week's issue of the journal Science.
U.S. economy adds 313,000 jobs in February; wage growth slows
Reuters - 9 Mar 2018 18:20
WASHINGTON
Tariffs may lead to higher prices for American consumers
CBSNews - 9 Mar 2018 07:36
Consumers are waiting to see how President Trump's tariffs on aluminum and steel will impact prices of goods like cars. CBS News business analyst Jill Schlesinger sits down with "CBS Evening News" anchor Jeff Glor to exp...
The Wall Street Journal: 2017 meeting in Seychelles draws scrutiny from Mueller probe
Market Watch - 9 Mar 2018 07:23
A meeting in the Seychelles weeks before Donald Trump's inauguration between a Russian executive and a top Republican donor close to the Trump transition team has drawn the scrutiny of special counsel Robert Mueller, who...
Wynn Resorts to pay $2.6 billion to settle lawsuit with Japan's Universal
Reuters - 9 Mar 2018 07:11
(Reuters) - Wynn Resorts Ltd has agreed to pay $2.6 billion to settle a lawsuit brought by Japan's Universal Entertainment Corp and its U.S. unit, ending a six-year old dispute that pitted casino mogul Steve Wynn against...
The Volkswagen Beetle will soon be exterminated
New York Post - 9 Mar 2018 07:05
Volkswagen is exterminating the Beetle. The automaker's head of research and development, Frank Welsch, has confirmed that the brand's iconic compact car will not be replaced when the current model ends production. The e...
One Hotel, but Two Competing Websites
The New York Times - 9 Mar 2018 06:52
The dispute over the Trump hotel in Panama City took another turn. It has a new name and competing websites. But only one has rooms available.
Washington Legislature passes one-time property tax cut
Miami Herald - 9 Mar 2018 06:12
The Latest on the Washington state Legislature (all times local): 6:10 p.m. The Legislature has passed a one-time statewide property tax as part of the overall supplemental budget plan the …
Fact Check: Little Evidence Supports Trump's Claims Against China on Tariffs and Trade
The New York Times - 9 Mar 2018 06:03
There is little evidence to validate the president's concerns that unfair trade practices like transshipping are a widespread problem.
Why the small-bank deposit gap could widen
American Banker - 9 Mar 2018 03:08
If community banks fail to keep up with higher rates offered by online banks, credit unions and (soon) big banks, their liquidity may deteriorate even faster.