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Business News

Location American Business News for 14 September 2018
Four lenders, led by Sallie Mae, have long dominated the market for private student loans. But they could soon face new competition from Navient and Nelnet.
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Judge deals Wells Fargo another blow in mortgage scandal Wells Fargo has not yet earned back the trust of New York Federal Judge Robert Drain. The US Southern District Court judge ruled this week that a New York homeowner The Post profiled in August who fought back against the...
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End the free ride for tax-exempt credit unions

American Banker - 14 Sep 2018 17:21
Policymakers are right to re-examine the industry's exemption and the unfair competitive advantage it provides.
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iHeartMedia Inc. is turning up the volume on its podcasting business.
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Naomi Osaka close to signing historic deal with Adidas

New York Post - 14 Sep 2018 03:56
Naomi Osaka close to signing historic deal with Adidas Naomi Osaka, the 20-year-old tennis sensation who last week became the first Japanese player to win the US Open, is cashing in on her success. With her first Grand Slam title in hand, Osaka is close to signing a deal wit...
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China's Meituan Dianping Raises $4.2 Billion, But Will It Ever Make A Profit? Meituan can't seem to make money off its large user base, leading to mounting losses that analysts say won't stop for years to come.
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Amazon.com Inc chief executive Jeff Bezos said on Thursday that the company would announce a decision on where it would build a second headquarters before the end of the year.
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The Volkswagen Beetle is being discontinued -- take a tour through the car's 80-year history VW Volkswagen will stop making its iconic Beetle after nearly seven decades on the market, the German automaker announced Thursday. The first Beetles rolled off production lines in 1938. Their increasing popularity in th...
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Swedish coffee chain Fika files for bankruptcy

New York Post - 14 Sep 2018 21:48
Swedish coffee chain Fika files for bankruptcy Fika has fizzled. The swanky Swedish coffee shop -- which has been closing stores across Manhattan over the past year following an overly ambitious growth spurt -- filed for Chapter 11 bankruptcy protection on Friday. Th...
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The largest athletic apparel maker's partnership with the former NFL quarterback has resonated with its core demographic
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Jeff Bezos explains why getting 8 hours of sleep is key to making important decisions in the workplace Amy Harris/AP Photos Jef Bezos said he makes sure to get 8 hours of sleep every night, explaining that he doesn't want to risk making poor executive decisions because he's "tired or grouchy." The Amazon CEO also said he ...
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5 of the easiest countries to become a citizen

Business Insider - 14 Sep 2018 17:12
5 of the easiest countries to become a citizen Chung Sung-Jun/Getty Images Becoming a citizenof another country may be easier than you thought. For instance, if your parent, grandparent, or great-grandparent is an Irish citizen, then you may be eligible for citizensh...
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Long Island diocese settles with nearly 300 alleged Catholic Church sex abuse victims by paying them $25,000 to $50,000 each Google Maps The Diocese of Rockville Centre in Long Island is compensating 221 people who say they were sexually abused by priests. The diocese is offering settlements between $25,000 and $50,000 to 221 of the 293 people...
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US says Thai company helped blacklisted Iran airline

Miami Herald - 14 Sep 2018 17:03
The U.S. government has imposed sanctions on a Thailand-based company it says provides services to an Iranian airline that Washington accuses of supporting terrorist activities directed by Iran's government. The …
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Consumer Reports approved: Best cars under $25,000 for first-time buyers Experts at Consumer Reports picked six models that are both reliable and cost-effective. The 6 best cars for first-time buyers under $25,000.        
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Is the world "sleepwalking" into the next global financial crisis?
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U.S. Senate candidate Gary Johnson of New Mexico has disclosed personal financial interests in the cannabis sector that include stock holdings, a profit sharing agreement and recent capital gains on …
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A Quad-Cities company says it will work with Microsoft to improve rural broadband access to about 126,000 people in Iowa, Illinois and South Dakota. The Des Moines Register reports that …
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An index of world stock markets climbed to its highest in over a week on Friday as expectations grew that the United States and China would start fresh trade talks, while an interest rate hike in Turkey supported the lir...
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The amount of home equity that American households can withdraw from their homes hit a new high in the spring even as the amount actually taken out fell, according to data from Black Knight.
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The U.S. dollar regained its strength on Friday following some favorable economic data, including a buoyant consumer sentiment read.
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U.S. stocks were flat on Friday, as declines in real estate and utilities were offset by gains for banking stocks, driven by a rise in 10-year Treasury yields above 3 percent.
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