Business News
Founder of Instagram-famous fashion brand explains how the company avoids retail's deadliest mistake
Business Insider - 23 May 2018 16:58
Lulus Lulus is an online women's fashion brand targeted at 20-somethings. On May 16, Lulus announced that it had received$120 million in venture funding. Co-founder and CEO Colleen Winter said that the business has found...
Trump teases 'big news' for U.S. auto workers, offers no details
Reuters - 23 May 2018 16:56
WASHINGTON
10 surprising things royals aren't allowed to do
Business Insider - 23 May 2018 21:42
Chris Wattie / Reuters Royals don't eat shellfish or meat cooked rare due to food poisoning concerns, and must follow the queen's pacing at meals. Royal dress code rules include neutral nail polish and stockings. They al...
Brexit: Technology-based customs system 'could cost £20bn'
BBC - 23 May 2018 17:01
It could cost firms £32.50 to declare goods under plans for a technology-based system, MPs are told.
CRYPTO INSIDER: Developers are raking in million dollar bonuses even as prices slump
Business Insider - 23 May 2018 17:01
Paramount Pictures Welcome to Crypto Insider, Business Insider's roundup of all the bitcoin and cryptocurrency news you need to know today. Sign uphere to get this email delivered direct to your inbox. Bitcoin may be dow...
A bipartisan group of senators warn Trump not to blow it in trade negotiations with China
Business Insider - 23 May 2018 05:07
Drew Angerer/Getty Images A bipartisan group of senators — 14 Republicans, 12 Democrats, and a Democrat-leaning independent — sent a letter to top Trump officials about current trade negotiations with China. The bipa...
Leon Cooperman rails against SEC after tense legal battle
New York Post - 23 May 2018 04:44
Leon Cooperman is still smarting from his costly battle with the Securities and Exchange Commission and has some suggestions for Wall Street's watchdogs. To prevent others from seeing their businesses harmed by regulator...
10 McDonald's Workers File Sexual Harassment Claims in the U.S.
Time - 23 May 2018 03:37
The McDonald's workers, from across the U.S., alleged groping, propositions for sex, indecent exposure and lewd comments by supervisors
DOJ's effort to stop 'piling on' banks a good first step
American Banker - 23 May 2018 17:17
The Justice Department announced this month that it would seek to reduce duplicative penalties against banks, although more reforms are needed to rein in other agencies.
Report: Foxconn looking to scale back Wisconsin investment
Miami Herald - 23 May 2018 17:11
A report from Asia says that Taiwan-based Foxconn Technology Group is considering shifting the focus of what is made at its planned facility in Wisconsin to reduce initial costs for …
Futures Movers: Oil prices drop as weekly U.S. crude supplies jump unexpectedly
Market Watch - 23 May 2018 17:09
Oil futures trade sharply lower Wednesday, pressured by a surprise jump in U.S. crude supplies and speculation that the Organization of the Petroleum Exporting Countries may decide to boost output to make up for a Venezu...
Your summer travel plans may just be ruined by higher gas prices
USA Today - 23 May 2018 17:00
GasBuddy's 2018 Summer Travel Survey reveals that many people are staying closer to home for vacation this year. Are you? Tony Spitz has the details.
Paypal is going to reap the benefits of being ditched by eBay (PYPL, EBAY)
Business Insider - 23 May 2018 16:59
Spencer Platt / Getty Images eBay announced on January 31 that it would replace Paypal with Adyen BV as its payments processor on its site. The contract change gives Paypal an opportunity to pursue other marketplace acce...
Banking deregulation just passed. Here's what you need to know about Dodd-Frank rollback
USA Today - 23 May 2018 16:56
Several regulations introduced in the Dodd-Frank Act will be rolled back and the new bill also provides some new protections for student loan borrowers. Here's a quick rundown of what the bill will do and what it means t...
Emilia Clarke would pay good money for a date with Leonardo DiCaprio: 'He's a pretty looking man'
Business Insider - 23 May 2018 16:55
ABC and Isaac Brekken/Getty Images for CinemaCon "Solo: A Star Wars Story" star Emilia Clarke appeared on ABC's "Good Morning America" on Wednesday. While on the show, she recalled details from the time Brad Pitt bid $12...
Revlon names Debra Perelman as the cosmetics company's first woman CEO
USA Today - 23 May 2018 16:52
New Revlon CEO Debra Perelman is the daughter of the cosmetics' company's billionaire board chairman Ronald Perelman. She previously served as Revlon's chief operating officer, and takes over as the company faces competi...
German company celebrating opening of new Iowa plant
Miami Herald - 23 May 2018 16:51
A family owned German company is celebrating the opening of its new office and manufacturing plant in eastern Iowa. Group Schumacher's new facility in Durant replaces the U.S. headquarters it …
Longmont passes $3M deal to end surface drilling in city
Miami Herald - 23 May 2018 16:50
Leaders of a northern Colorado city have approved a $3 million deal with two energy companies to stop surface oil and gas drilling. Longmont city councilors voted 6-1 for the …
Comcast considers fighting Disney for Fox
CBSNews - 23 May 2018 16:48
Comcast said it was considering making an all-cash bid for Fox, which Disney is trying to buy for $52B
Thieves are targeting Mexico's trucking industry -- and it's bleeding the economy
Business Insider - 23 May 2018 16:46
Thomson Reuters PUEBLA, Mexico
Vox’s new Netflix show is just the start of its video ambitions
Fast Company - 23 May 2018 10:30
As Vox.com launches its new Netflix show, Explained, we see the industry trying to figure out a sustainable model for video. In 2015, Claire Gordon was segment producer for the popular HBO comedy show Last Week Tonight. ...
The Latest: Democrats pick Henderson for Ark. governor
Miami Herald - 23 May 2018 05:23
The Latest on primaries on Arkansas, Georgia, Kentucky and Texas (all times local): 11:20 p.m. A former Teach for America executive has been nominated by Democrats to be the next …