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Business News

Location American Business News for 19 September 2018

Cegid Buys SMB Tax Solution Loop Software

Retail Touch Points - 19 Sep 2018 22:29
Cegid Buys SMB Tax Solution Loop Software Cegid has acquired Loop Software, which offers a collaborative cloud-based accounts management and taxation solution for accountants and small and medium-sized enterprises. Terms of the deal were not disclosed. Loop was ...
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How B of A streamlined its digital mortgage

American Banker - 19 Sep 2018 00:08
The bank pared down its application to 50 questions and allows customers to do the easy work before turning it to the loan officer.
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Quicken Loans' prescription for mortgage lenders

American Banker - 19 Sep 2018 04:07
Bill Emerson, the vice chairman of Quicken Loans, said mortgage lenders need to give time to consider innovation and not be deterred by naysayers.
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European Union regulators ssay McDonald's tax arrangement in Luxembourg is legal, dropping an investigation against the U.S. fast-food giant while lauding efforts to close tax loopholes in the probe's wake.
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Starboard, other activist firms invest big in casino stocks Shareholder activist Starboard Value has quietly taken a sizable position in MGM Resorts -- and is pushing for big changes at the Las Vegas casino chain, The Post has learned. The investment by Starwood is the latest by ...
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A top securities regulator is calling for his agency to beef up its oversight of the nation's stock exchanges to root out conflicts and curb rising fees that he says are harming investors.
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Papa John's tries to distance itself from founder in new TV spot Papa John's is taking yet another step away from its controversial founder John Schnatter -- this time on TV. The pizza chain's new commercial spot, called "Voices of Papa John's," features 24 workers and franchisees, ma...
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Jeff Bezos could be the first 'woke' billionaire philanthropist -- but only if he's willing to help solve the problems he's created REUTERS/Abhishek N. Chinnappa Anand Giridharadas, author ofWinners Take All, shares his thoughts on Bezos' latest charity announcement. In light of the recent tech backlash, he said, Bezos has an opportunity to become th...
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The Danish bank found more than $200 billion of suspicious deals at its Estonian branch; merchants can opt out of the deal as another case on network rules continues.
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Members of the U.K. Treasury Committee have called for regulators to step in and police the murky industry of cryptocurrencies that members labeled as the "Wild West."
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AutoNation chief Mike Jackson is stepping down (AN)

Business Insider - 19 Sep 2018 17:06
AutoNation chief Mike Jackson is stepping down (AN) REUTERS/Shannon Stapleton AutoNation Chief Executive Mike Jackson will step down after nearly two decades at the dealership. He will stay on as executivechairman as the board looks for a successor. Watch AutoNation trade...
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North Dakota regulators are considering relaxing rules that require shippers to remove the most volatile gases from oil before it's loaded onto train cars. The rules, which were fought by …
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Why CEOs Should Share Their Long-Term Plans with Investors

Harvard Business Review - 19 Sep 2018 17:00
Investors will be patient if you give them a reason to be.
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Congressman Leonard Lance voted last December with the interests of his northern New Jersey district in mind when he opposed his own party's sweeping tax overhaul. The cap on deductions …
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Gold futures gain Wednesday, leaving the contract on track to finish above the closely watched $1,200 line for a seventh straight session.
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The S&P 500 and the Dow Jones Industrials Average rose on Wednesday, as bank stocks gained on rising Treasury yields, while a drop in Microsoft pressured the Nasdaq.
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World Bank: Global poverty rate drops to record low 10 pct. World Bank: Global poverty rate dropped to a record low of 10 percent in 2015
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Business Insider is hiring a business reporter in London

Business Insider - 19 Sep 2018 16:49
Business Insider is hiring a business reporter in London Business Insider We are looking for an awesome reporter for our finance and markets team in London. If you love to break news and drive major stories forward, then this could be your dream job.See the rest of the story a...
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How three countries are creating the roadmap to a cashless society This is a preview of the Global Payments Landscape report fromBusiness Insider Intelligence. Current subscribers can read the report here. Noncash payments are on the rise worldwide. As new players emerge to capitalize o...
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Autonation CEO to step down after 20 years at the helm

New York Post - 19 Sep 2018 16:45
Autonation CEO to step down after 20 years at the helm AutoNation's longtime Chief Executive Mike Jackson will step down from the role next year but remain executive chairman until 2021, the largest US auto retail chain said on Wednesday. AutoNation's stock has more than tri...
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Stocks rise, dollar drops as trade holds spotlight Domestic stocks edged higher, while the dollar dipped as investors turned attention to the latest NAFTA talks. The yuan gained after China said it wouldn't devalue its currency. The S&P 500 Index rose for a second day ah...
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Spotlight: Affinity Uses New Tech to Take a Different Approach to CRM Using a patent-pending technology, the Affinity CRM platform uses machine learning and natural language processing to build, nurture and grow relationships.
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