Business News
'We got this': Mary Mack on how Wells Fargo is rebuilding trust
American Banker - 5 Oct 2018 05:08
Mack, Wells Fargo's head of consumer banking, shares the story of the listening tour she went on and the bank's path forward.
Wall Street slides as bond yields climb on jobs data
Reuters - 5 Oct 2018 21:05
U.S. stocks tumbled on Friday, weighed down by rising Treasury yields after data showed job growth slowed in September, while wage increases were not enough to fan worries over rising inflation or faster interest rates h...
How digital media companies are recreating content bundles to overcome fragmentation and grow subscribers
Business Insider - 5 Oct 2018 16:54
This is a preview of a research report from Business Insider Intelligence. Current subscribers can read the report here. Business Insider Intelligence As streaming becomes an increasingly mainstream behavior among consum...
U.S. job growth slows; unemployment rate falls to 3.7 percent
Reuters - 5 Oct 2018 17:27
U.S. job growth slowed sharply in September, likely as Hurricane Florence depressed restaurant and retail payrolls, but the unemployment rate fell to near a 49-year low of 3.7 percent, pointing to a further tightening in...
The 25 richest tech execs in the U.S.
Business Insider - 5 Oct 2018 17:07
Microsoft cofounder Bill Gates has definitively been the richest guy in Silicon Valley since "Friends" first aired on television. But leave it toAmazon CEOJeff Bezos to dethrone the king and blow the rankings out of the ...
Danske shares slide as U.S. criminal inquiry spooks investors
Reuters - 5 Oct 2018 17:06
Danske Bank's deepening money laundering scandal dragged its shares to a four-year low on Friday as Denmark's biggest bank sought to calm investors over the impact of a U.S. criminal investigation into its Estonian branc...
Rethinking How Medicaid Patients Receive Care
Harvard Business Review - 5 Oct 2018 16:00
How one organization is generating promising results.
Asia Markets: Asian markets continue to sink, led by tumbling tech stocks
Market Watch - 5 Oct 2018 05:06
Asian stock markets dropped in early Friday trading, as a global selloff looks set to continue into the end of the week
Kraft Heinz passed on making takeover offer for Campbell's Soup
New York Post - 5 Oct 2018 04:30
Dan Loeb may not like what he finds in this soup. The billionaire hedge-fund boss -- who has been prodding Campbell's Soup to sell itself -- has recently been telling investors that rival Kraft Heinz was willing to pay n...
6.5 Million Pounds Of Beef Have Been Recalled Due To Salmonella Risk
The Huffington Post - 5 Oct 2018 03:23
At least 57 people have become ill following a possible outbreak of salmonella stemming from Arizona-based meat producer JBS Tolleson Inc.
Chefling partners with Bosch to bring smart appliances into meal planning and prep
Venture Beat - 5 Oct 2018 21:35
The kitchen can be a forbidding place. Grocery planning isn’t most people’s idea of a good time. Neither is meal prepping. But Chefling, a Sunnyvale, California startup that raised $1 million in January for its artif...
Saudi Arabia Tells Trump No More Oil
Forbes - 5 Oct 2018 20:52
Trump wants more oil from Saudi Arabia, but crown prince Mohammad bin Salman just said no. Is an economic rift on the horizon?
GSK Sends $1.5 Billion Media Account to Publicis
AdWeek - 5 Oct 2018 20:23
GlaxoSmithKline (GSK) concluded the mandated global media review it launched in May with the selection of custom Publicis Media team as its global media agency of record, according to sources with direct knowledge of the...
Unemployment rate drops to 49-year low
CBSNews - 5 Oct 2018 17:16
Despite U.S. economy adding fewer jobs than expected in August -- just 134,000 -- unemployment fell to lowest rate since 1969
Company receives water permit for Black Hills gold drilling
Miami Herald - 5 Oct 2018 16:59
South Dakota's Water Management Board has approved a temporary water permit for an exploratory gold drilling project in the Black Hills despite opposition from Native American tribal officials and environmental …
America First is hurting China's business
Reuters - 5 Oct 2018 16:57
The U.S. economy has pulled ahead this year, extending a lengthy expansion with help from President Donald Trump's "America First" agenda and massive tax cuts, but upcoming data could illuminate the impact of his policie...
Tempur Sealy slides after Mattress Firm files for bankruptcy (TPX)
Business Insider - 5 Oct 2018 16:49
Business Insider/Mary Hanbury Tempur Sealyshares are down about 2% Friday after the retailer Mattress Firm filed for Chapter 11 bankruptcy protection. Mattress Firm will close200 stores in the next few days and exit up t...
Toddler puts $1,000 into the family shredder
USA Today - 5 Oct 2018 16:41
You cannot trust a toddler with a shredder and a thousand dollars. Keri Lumm reports.
61% of Small Business Employees Would Give Up Benefits for a Pay Raise
Small Business Trends - 5 Oct 2018 16:40
QuickBooks has released their 2018 Small Business Pay & Benefits report and it's chock full of the employee compensation statistics you need.
Tesla shares fall after Musk mocks SEC on Twitter
Reuters - 5 Oct 2018 13:47
Shares of Tesla Inc fell as much as 4 percent on Friday, after Chief Executive Elon Musk stirred nerves about the settlement of his securities fraud lawsuit by mocking the U.S. Securities and Exchange Commission on Twitt...
Offices that blast sleepy workers with freezing air are coming
Fast Company - 5 Oct 2018 13:30
The HVAC company Daikin thinks it can solve the afternoon slump with a smart air conditioning system. In theory, smart offices hold a lot of promise: By tailoring each space to a specific person’s needs, it promises t...
Questions of conflict mount over Florida governor's finances
Miami Herald - 5 Oct 2018 00:03
Florida Gov. Rick Scott's blind trust might not be so blind. Shortly after the multimillionaire governor took office in 2011, he established the trust -- which is supposed to keep …