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Business News

Location American Business News for 20 September 2018

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.
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Ferraris, diamond rings: 3 men indicted in massive $364 million Ponzi scheme Kevin Merrill, Jay Ledford and Cameron Jezierski indicted in a$364 million ponzi scheme that funded a lavish lifestyle of luxury cars, pricey homes.        
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Can the EU become another AI superpower?

The Economist - 20 Sep 2018 16:46
Can the EU become another AI superpower? 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...
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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.
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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.
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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.
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China has the ultimate weapon in trade war with US

New York Post - 20 Sep 2018 04:25
China has the ultimate weapon in trade war with US 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...
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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.
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Trump's tariffs putting the squeeze on the Midwest Companies in the US state of Wisconsin show how President Trump's trade war with China is continuing to hurt.
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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.
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Decision on power NPAs likely by 10 October

livemint.com - 20 Sep 2018 20:04
Decision on power NPAs likely by 10 October The power NPAs issue was discussed at a meeting hosted by Power Finance Corp and attended by major power sector lenders, including SBI, PNB and Rural Electrification Corp
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Why Tilray's Stock Is Bound To Go Down

Forbes - 20 Sep 2018 19:40
Why Tilray's Stock Is Bound To Go Down Cannabis company Tilray Inc.'s (NASDAQ: TLRY) stock has soared since its debut on NASDAQ, increasing a scarcely believable 1,160%. The euphoria surrounding the legalization of recreational marijuana in Canada, the potent...
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Nearly two dozen people have been arrested for protesting inside the offices of Republicans whose votes will be key in...
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13 of the most iconic outfits from 'Jersey Shore'

Business Insider - 20 Sep 2018 18:44
13 of the most iconic outfits from 'Jersey Shore' 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...
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Former FBI Director James Comey, who was fired by President Trump in May 2017, shared his thoughts with St. Louis Public Radio about the status of Special Counsel Robert Mueller's Russia investigation.
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These are the 50 companies business school students most want to work for 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...
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Dow, S&P 500 climb to record highs as bull shrugs off trade worries Investors shrug off trade worries and focus on strong economy, driving the Dow and S&P 500 to new intraday record highs.        
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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...
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Stocks hit record highs on relief over China tariffs

New York Post - 20 Sep 2018 17:05
Stocks hit record highs on relief over China tariffs 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 ...
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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. …
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A 'classic topping formation' that has shown up in every stock-market peak over the past 5 decades is rearing its head once again 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...
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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.
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