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Business News

Location American Business News for 3 October 2018

Customer calls prove rich data resource for USAA

American Banker - 3 Oct 2018 22:08
The bank has long collected data about digital interactions. Now it's adding tech to gain knowledge from phone call to better understand each customer.
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Amazon CEO Jeff Bezos supplants Bill Gates atop Forbes list of 400 richest Americans Jeff Bezos has topped Bill Gates on Forbes' annual list of the richest Americans. President Donald Trump dropped to No. 259 from No. 248 a year ago.        
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Toys R Us lenders file a plan to revive the brand Geoffrey the Giraffe may be coming back to life. The Toys R Us Inc. lenders that took control of the retailer during its liquidation -- and have faced criticism for their role in the shutdown -- are now working on resusc...
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You can still get a tax deduction for a client's meal on a night out, IRS says The Internal Revenue Service is giving businesses a tax break they thought they had lost in the tax overhaul last year: write-offs for wining and dining clients. The agency said Wednesday that companies can still deduct ...
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Design needs more feminism, less toxic masculinity

Fast Company - 3 Oct 2018 09:00
Design needs more feminism, less toxic masculinity More grandmothers, too. A recent trip to the airport showed me the future of design. Read Full Story
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People who use the dating app take more health risks than non-users, a new study says.
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Hilton Worldwide Holdings plans to more than double its hotels in Africa in the next five years by mainly striking deals with existing hotels for conversion into its brand, its chief executive said.
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A woman has charged H&M, a popular clothing chain, with racial profiling in an incident at Pembroke Lakes Mall in which she says the store's security guards falsely accused of …
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A federal judge has ruled that Tesla must defend itself at a trial over allegations it knew foreign workers at one of its facilities were threatened with deportation if they reported an injury and worked long shifts that...
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After the VMLY&R Merger, What's Next for WPP? The recent union of VML and Y&R made for more than a mouthful as VMLY&R gave the industry some insight into WPP CEO Mark Read's long-term plan for reinventing the world's largest holding company after Martin Sorrell's 33...
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Judge allows NJ case against drugmaker to advance

Miami Herald - 3 Oct 2018 17:54
A New Jersey court is allowing most of the state's lawsuit against the maker of OxyContin to move forward. Superior Court Judge Thomas Moore dismissed a public nuisance claim against …
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No Black Swan Paddling Into Sight

Forbes - 3 Oct 2018 17:07
No Black Swan Paddling Into Sight Don't believe any economist unless he publishes his tax returns on capital investments. Use your own working hypothesis until proved wrong and then amend it if necessary.
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MoviePass owner announces it recently raised $65 million in new funding (HMNY) Hollis Johnson/Business Insider Ted Farnsworth, the CEO of Helios and Matheson Analytics, which owns MoviePass, said on Tuesday that the company has raised $65 million in new funding. He also said that that MoviePass has...
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The Air Force is warning residents on California's central coast to be prepared for unusual sights and sounds this weekend as SpaceX attempts its first return of a rocket to …
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British Prime Minister Theresa May battled to unite her Conservative Party on Wednesday, telling critics to abandon their dreams of a "perfect" Brexit and "come together" as divorce negotiations with …
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Bankrupt: European airline leaves customers and crew members stranded European airline leaves customers and crew members stranded abroad when they suddenly go bankrupt and abandon customer services. Buzz60's Tony Spitz has the details.        
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About 225 million electronic devices across the United States will wail and buzz Wednesday afternoon as the Federal Emergency Management Agency conducts an emergency alert test. A tone will sound …
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French Finance Minister Bruno Le Maire said on Wednesday he would press General Electric's new chief executive to stick to French job creation pledges made by the CEO's predecessor.
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Why Young Companies Are Starting Print Magazines as a Way to Help Build Their Brands Companies looking to expand their brand sometimes turn to unlikely places. Some hip, fun companies are even going old school and publishing their own print magazines. Jen Rubio, president and chief brand officer at Away,...
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Google admits chatbots were a bad idea

Fast Company - 3 Oct 2018 15:00
Google admits chatbots were a bad idea For the new Google Assistant app, back-and-forth chat bubbles are out, and interactive graphics are in. Google Assistant is getting an overhaul on smartphones, and it’s discarding one of 2016’s biggest tech fads in t...
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Asian shares ticked down on Wednesday and the euro held at six-week lows as Italy's mounting debt and Rome's budget plan set it on a collision course with the European Union.
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In the newly created role of chief transformation officer, Ranjana Clark is in charge of ensuring MUFG stays ahead of tech disruption. She said that entails nothing less than a kind of cultural revolution.
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