Business News
Why was Synovus the sole bidder on a large Florida bank?
American Banker - 20 Sep 2018 22:07
Seven other banks passed on a chance to bid on FCB Financial, perhaps showing the small pool of large buyers eager to make a big commitment to the Sunshine State.
Ferraris, diamond rings: 3 men indicted in massive $364 million Ponzi scheme
USA Today - 20 Sep 2018 17:09
Kevin Merrill, Jay Ledford and Cameron Jezierski indicted in a$364 million ponzi scheme that funded a lavish lifestyle of luxury cars, pricey homes.
Can the EU become another AI superpower?
The Economist - 20 Sep 2018 16:46
ANGELA MERKEL, Germany's chancellor, has a reputation for being dour. But if she wants to, she can be quite funny. When asked at a recent conference organised by Ada, a new quarterly publication for technophiles, whether...
4 Ways Busy People Sabotage Themselves
Harvard Business Review - 20 Sep 2018 14:05
Prioritizing matters most when you have the least time for it.
Trump to name former central bank economist Nellie Liang to Fed board
American Banker - 20 Sep 2018 05:21
Liang is currently a senior fellow at the Brookings Institution in Washington and previously led a Fed board division in charge of financial stability policy and research.
The Wall Street Journal: Former Malaysian leader arrested in connection with 1MDB scandal
Market Watch - 20 Sep 2018 05:06
Former Malaysian Prime Minister Najib Razak was arrested Wednesday by antigraft authorities in connection with the 1MDB financial scandal over his alleged receipt of more than $600 million into his personal bank account.
China has the ultimate weapon in trade war with US
New York Post - 20 Sep 2018 04:25
Commerce Secretary Wilbur Ross said something the other day that was either right on the mark or profoundly stupid. Only time will tell which it is. Ross said that China was "out of bullets" in the trade war that the Tru...
Volkswagen pulls out of Iran, according to U.S. official: Bloomberg
Reuters - 20 Sep 2018 04:06
Volkswagen AG will end almost of all its operations in Iran, Bloomberg reported on Wednesday, citing a U.S. official who led the discussions with the carmaker.
Fiserv Lending rebrands following sale to Warburg Pincus
American Banker - 20 Sep 2018 22:07
Fiserv Lending Solutions rebrand to Sagent Lending Technologies reflects the company's focus on a more efficient process for mortgage and consumer lenders.
Why Tilray's Stock Is Bound To Go Down
Forbes - 20 Sep 2018 19:40Two Dozen Arrested For Protesting Kavanaugh In GOPers’ Offices
TPM - 20 Sep 2018 18:56
Nearly two dozen people have been arrested for protesting inside the offices of Republicans whose votes will be key in...
6 things other governments provide that Americans still have to pay for
Business Insider - 20 Sep 2018 18:54
Ian Walton/Getty Images The American government pays for a lot of things, but it doesn't cover everything other governments do. Americans still need to pay for things like healthcare, college, and daycare out of their ow...
13 of the most iconic outfits from 'Jersey Shore'
Business Insider - 20 Sep 2018 18:44
Charles Sykes/AP Viewers came to love MTV's "Jersey Shore" over its six seasons for the wild cast members, ridiculous drama, and interesting lingo. Something "Jersey Shore" is also famous for is the fashion worn by the c...
These are the 50 companies business school students most want to work for
Business Insider - 20 Sep 2018 17:12
Reuters/Mark Blinch Universum has just released a new ranking, listing the companies business and engineering students dream most of working for. Generally, consumer goods companies, car manufacturers and banks attract s...
Dow, S&P 500 climb to record highs as bull shrugs off trade worries
USA Today - 20 Sep 2018 17:10Minneapolis prosecutors weighing evidence in JD.com CEO case
Reuters - 20 Sep 2018 17:07
Prosecutors are weighing whether to bring charges against Richard Liu after the Minneapolis Police Department turned over the findings of its initial investigation into accusations of rape against the JD.com founder, acc...
Stocks hit record highs on relief over China tariffs
New York Post - 20 Sep 2018 17:05
The Dow Industrial Average on Thursday became the last of the benchmark indexes to regain record territory, boosted by gains in industrial companies on continued relief that fresh US and China tariffs were less damaging ...
Lobster industry looks to grow US markets amid tariff strife
Miami Herald - 20 Sep 2018 17:01
Members of Maine's lobster industry are looking to shift their focus to growing domestic markets as new tariffs make it more difficult to sell to foreign buyers such as China. …
A 'classic topping formation' that has shown up in every stock-market peak over the past 5 decades is rearing its head once again
Business Insider - 20 Sep 2018 17:00
A potential "double top" is forming in the S&P 500, according toGluskin SheffChief Economist and Strategist David Rosenberg. At the same time, volume and stock-market breadth are declining. That pattern has shown up in e...
BlackRock's Fink: U.S. a short-term 'big winner' in China trade war
Reuters - 20 Sep 2018 16:59
Larry Fink, chief executive of BlackRock , the world's largest asset manager, on Thursday said the United States is "a big winner" in the trade war with China "in the short-term," but not necessarily over time.
Morgan Stanley sues six Illinois brokers who left for Stifel
Reuters - 20 Sep 2018 16:56
Morgan Stanley has sued six brokers who left an Illinois branch of the firm last week to join competitor Stifel Nicolaus , alleging that they have been soliciting Morgan Stanley clients in violation of employment agreeme...
Colorado company recalls ground beef after E. coli death
Miami Herald - 20 Sep 2018 16:48
A Colorado company is recalling more than 132,000 pounds (60,000 kilograms) of ground beef after an E. coli outbreak that killed one person and sickened 17. The U.S. Department of …