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Business News

Location American Business News for 1 June 2018

Shaking Up the Prestige Beauty Business

Barron's - 1 Jun 2018 20:01
Shaking Up the Prestige Beauty Business Estée Lauder CEO Fabrizio Freda talks industry trends, management tactics, and skincare with "glow."
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Athenahealth CEO facing sexual harassment allegations Life isn't getting any easier for Athenahealth's Jonathan Bush. As the health care CEO fends off a takeover attempt by activist investor Elliott Management, Bush is being forced to face a second allegation of his mistrea...
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In Health Care, Fidelity Targets Secular Growth Two of the firm's top health-care funds reject defensive strategies and invest in medical innovation over the long term. Among their picks: Becton Dickinson, Amgen, UnitedHealth, Sarepta Therapeutics, Novartis, Uniqure.
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Google is blaming "vandalism" at Wikipedia for search results that incorrectly said the ideology of the California Republican Party included "Nazism." The results appeared in a Google information box screen-captured …
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Is Coca-Cola Diversifying Into Alcoholic Drinks? For the first time in its history, The Coca-Cola Company, (NYSE: KO), launched a lemon-flavored alcoholic drink in the southwestern island of Kyushu in Japan. The cola giant is betting on the Chuhai market, which are can...
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IBM Will Beat Bitcoin

Forbes - 1 Jun 2018 17:36
IBM Will Beat Bitcoin IBM is a better bet than Bitcoin on Blockchain, and holds stronger promise to change the world.
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The economy is still broken for a great number of Americans who are living a precarious existence, writes Rex Nutting.
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Luggage maker Samsonite says its CEO has stepped down following a report by a short-seller that questioned his credentials and the company's accounting. The company said in a statement Friday …
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8 Tips On Brand Building For New Entrepreneurs From Chef Jet Tila How to negotiate and why television is important, according to an industry veteran.
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Pension fund backs Moonves over Redstone in CBS feud

New York Post - 1 Jun 2018 02:18
Pension fund backs Moonves over Redstone in CBS feud Les Moonves has a friend in Pennsylvania. A Keystone state pension fund claims Shari Redstone's National Amusements Inc. breached its fiduciary responsibility by interfering in a CBS board vote that diluted the heiress' ...
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Here's a breakdown of costs for Mueller's Russia investigation so far Alex Wong/Getty Images The US Justice Department says around $17 million was spent so far in the ongoing Russia investigation being conducted by special counsel Robert Mueller. According to an earlier spending report, th...
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Vermont offering to pay telecommuting workers $10,000 to move to the state Current residents are out of luck, but the $10,000 incentive will sweeten the deal for people who move to Vermont and work from home.        
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Reg relief bonus: More money to spend on tech

American Banker - 1 Jun 2018 23:08
With a lighter compliance burden, small banks could shift tech spending to customer-facing innovation.
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This simple exercise will help determine if you really want to be a sniper US Army One Quora user once asked the world what service he should join if he wanted to be a sniper. Andone Marine veteran gave the young asker a rather grueling exercise to try out. The exercise included laying in and c...
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Black workers are now down to about one in 10 U.S. employees inside Citigroup, according to 2017 figures in a report published on its website.
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Heartland Payment Systems LLC sued its former top executive, Robert Carr, claiming he used his girlfriend to trade on inside information.
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ISTE 2018 Preview: Trust Your School's Apple Deployment To Jamf Jamf Is the Apple Solution For K-12 Schools Apple has always been great for education. Now, more than ever, colleges and universities are turning to an entire Apple ecosystem. As more and more schools turn to 1:1 deploym...
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AgTech Blockchain Startup Bext360 Raises $3.35 Million To Provide Traceability To Commodities SaaS startup Bext360 has closed its seed round, which is aimed at enabling it to expand into new verticals.
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The owner of the nation's oldest nuclear power plant says it will cost $1.4 billion and take 60 years to shut down a site due to close in October. Chicago-based …
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Have a bully yelling at you on the job? Things you can do to deal with the issue What should you do if someone yells at you at work? Everyone has a different comfort level, so honestly, the answer won't be the same for every person. It shouldn't be on you to take control of the situation (since you'r...
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Petrobras CEO resigns after Brazil truckers' strike

Miami Herald - 1 Jun 2018 16:59
The president of Brazilian state oil company Petrobras has resigned after a crippling truckers' strike demanding sharp cuts to diesel prices. The 9-day strike ended earlier this week when the …
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The S&P 500 was on pace to erase its losses from earlier in the week, and interest rates climbed after a report on Friday showed that the strengthening U.S. job …
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