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Business News

Location American Business News for 4 October 2018

What is a closed insurance claim?

livemint.com - 4 Oct 2018 06:21
What is a closed insurance claim? Non-life insurance companies classify claims closed as those claims that are unpaid for want of more documents from the insured person or where the policyholder hasn't pursued the claim further
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Lifetime Achievement: UBS' Rosemary Berkery

American Banker - 4 Oct 2018 17:17
The former banking lawyer, who went on to run major business lines at Merrill Lynch and UBS, will be honored Thursday at American Banker's Most Powerful Women in Banking gala.
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Oil held just below four-year highs on Thursday, supported by the imminent loss of Iranian supply through U.S. sanctions, but also tempered by the prospect of a rapid production increase from Saudi Arabia and Russia.
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BitTorrent today announced that its latest creation, uTorrent Web, has passed 1 million daily active users. Although uTorrent Web had been available in beta for years, the web-based torrent client was finally released as...
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Established firms try dancing to a millennial tune

The Economist - 4 Oct 2018 16:43
Established firms try dancing to a millennial tune OLDER people are not the only ones to try too hard to be hip and youthful. Long-established firms can, too. Just look at Procter & Gamble (P&G), one of the world's largest consumer-goods firms, which this year applied to...
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What to expect from September's jobs report

New York Post - 4 Oct 2018 04:21
What to expect from September's jobs report There are only two more employment reports before the congressional elections. One of them is coming Friday. Wall Street is guessing that 180,000 new jobs were created in September, although that number might go up becau...
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China Begins To Blink In The Trade War, And That's Good For Its Citizens America's tariffs have begun to have an impact on China's trade policies.
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What 2001: A Space Odyssey can tell us about life in 2018 Fifty years later, Stanley Kubrick’s masterpiece still holds valuable lessons about privacy, algorithms, and human-computer interaction. Watching a 50th anniversary screening of 2001: A Space Odyssey, I found myself, a...
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Feds might investigate Google over Android operating system Alphabet's Google may soon have more federal regulators breathing down its neck. President Trump's antitrust chief at the Department of Justice told Capitol Hill lawmakers on Wednesday that his agency could investigate t...
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Hundreds of Facebook Inc. employees have expressed outrage about a top global policy executive's decision to support Supreme Court nominee Brett Kavanaugh by appearing at his hearing last week, people familiar with the m...
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Small-company stocks stumble after strong start to 2018 Smaller company stocks have stumbled after racking up strong gains for much of this year
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Some of the leading revenue growers of 2018 may tell a different story next year.
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REGULATION helps incumbents, which have the resources to comply, but hurts newcomers. Or so argue critics of the European Commission's new rules for the digital realm and of its privacy law, the General Data Protection R...
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Why the economy isn't doing as well as we think

New York Post - 4 Oct 2018 04:16
Why the economy isn't doing as well as we think You've heard a lot of applauding about the US economy. Some muted cheering has even come from this column. Now I'd like to present the other side of the economy. And this is even more important for America's future than ...
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Barnes & Noble may be preparing to put itself up for sale Barnes & Noble's next biggest seller could be itself. The beleaguered book retailer announced on Wednesday that it is forming a committee to review strategic alternatives for the company after receiving "expressions of i...
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Facebook said on Wednesday in response to a lawsuit accusing it of not doing enough to protect users from human traffickers that it works internally and externally to thwart such predators.
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In what would be its third acquisition in a year, the company formerly known as BofI Holding is buying a firm that clears trades for independent broker-dealers.
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Google’s keeping the Google Assistant, its AI-powered, cross-device voice and visual assistant, fresh with a steady stream of updates. Yesterday saw the rollout of an improved visual interface on Android and support fo...
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Square rolls out lending for customer purchases

American Banker - 4 Oct 2018 17:17
Square Inc. is offering loans to customers to pay for goods and services from merchants that use its payments platform, another move by the company to push deeper into financial services.
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Oil futures on Thursday fell from the nearly four-year highs scored a day earlier as attention fixed again on declines in Iranian exports ahead of an approaching deadline for further U.S. sanctions.
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The Justice Department indictment against seven Russian military officers for a series of alleged cyber attacks unveiled Thursday contained another allegation that Russia turned to bitcoin to fund the efforts.
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Here's why Amazon raised its minimum wage to $15 an hour If, like me, you've been dying to hear some good news, then you surely welcomed Amazon's decision to raise its minimum wage to $15 for all its 350,000 workers, including seasonal employees and temps, according to the com...
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