Business News
Divers Zero In on Black Boxes From Indonesia Plane Crash
The New York Times - 31 Oct 2018 19:42
Locator beacon signals allowed investigators to narrow down the location of the data recorders, but recovering them could be a challenge.
Jaguar Land Rover makes loss as sales slide 13%
BBC - 31 Oct 2018 17:29
The UK's largest carmaker blamed falling Chinese sales, uncertainty over diesel and Brexit.
A lot of really bad things are more likely to happen on Halloween
Market Watch - 31 Oct 2018 14:50
Oct. 31 may be one of the most perilous days of the year for your children, home, car and health.
Market Extra: Is the worst over for the stock market after an ugly October?
Market Watch - 31 Oct 2018 19:59
It's Wall Street's version of an inquiry that might be fielded by a parent on a long road trip: are we there yet?
Fed unveils overhaul of large-bank supervision
American Banker - 31 Oct 2018 19:07
In a highly anticipated proposal, the central bank outlined a new approach for its post-crisis supervisory program that divides banks into different tiers based on size.
Facebook shares go on roller coaster ride in extended trading
New York Post - 31 Oct 2018 05:54
Facebook had a volatile aftermarket as shares whipsawed from green to red to green in extended trading, with the company eking out a profit to beat Wall Street's expectations but missing key forecasts on revenue and acti...
Jury awards $11 million to firefighter for sexual harassment
Miami Herald - 31 Oct 2018 05:49
A jury has awarded a suburban Chicago firefighter more than $11 million for suffering gender discrimination and sexual harassment at the hands of fellow firefighters. Dena Lewis sued the city …
How Black Friday began and what to know about this year's holiday rush
USA Today - 31 Oct 2018 05:38
It’s almost that time of year for the shopping madness holiday known as Black Friday. But here are some of the holiday's fun facts you might want to know. Buzz60's Natasha Abellard has the story.
Furloughs, executive departures hit struggling Faraday Future
L.A. Times - 31 Oct 2018 04:20The Wall Street Journal: Barnes & Noble says former CEO was fired for sexual harassment
Market Watch - 31 Oct 2018 03:26
Barnes & Noble Inc. alleged in a court filing Tuesday that Demos Parneros, its former chief executive, was justifiably fired in early July because he sexually harassed a female employee, bullied other staffers and underm...
How The Internet Can Make Hate Seem Normal -- And Why That's So Dangerous
Time - 1 Nov 2018 01:55
Social media platforms can offer a platform for hate speech and similar content, helping to push violent language into the mainstream
Fintech lender to produce farmers reaps $14M in funding
American Banker - 31 Oct 2018 23:07
Harvest is when farmers need funding the most. ProducePay has financed over $850 million of produce in under four years, disrupting traditional finance rules in the farm-to-table process.
Oregon ballot measure would ban future taxes on groceries
Miami Herald - 31 Oct 2018 21:21
Oregon is one of just a handful of states without a sales tax, and voters have repeatedly rejected attempts to add one. This election, a ballot measure asks voters to …
Fed proposes easing capital rules, testing of some big banks
Miami Herald - 31 Oct 2018 19:14
The Federal Reserve is proposing to ease requirements for holding capital and cash for U.S. banks that are big but smaller than the Wall Street mega-banks. The Fed's proposal is …
Sensor Tower: Nintendo's mobile RPG Dragalia Lost makes $25 per Japanese player
Venture Beat - 31 Oct 2018 19:03
Dragalia Lost has made $28 million since its Android and iOS debut a month ago.
Marie Antoinette’s never-before-seen jewels will go under the hammer
USA Today - 31 Oct 2018 19:02
Jewelry that once belonged to Marie Antoinette, the last queen of France before the French Revolution, will be going up for auction this fall. Buzz60's Maria Mercedes Galuppo has more.
Virginia company offers to manage S. Carolina-owned utility
Miami Herald - 31 Oct 2018 19:01
A Virginia company trying to buy a private utility in South Carolina says it's also willing to manage part of a state-owned utility after the failure of a nuclear project. …
Rising prices, margins drive GM's third quarter
ABC News - 31 Oct 2018 18:56
Even as auto sales start to ebb in the U.S., China and elsewhere, General Motors posted a strong third-quarter profit, blowing past Wall Street expectations on rising prices in North America and surprising resilience in ...
Uber offers up Ride Pass monthly subscription service for flat rates on rides
USA Today - 31 Oct 2018 18:50
With Ride Pass, customers pay a monthly fee of $14.99 to lock in flat rates and avoid surge pricing for UberX, Uber Pool and Uber Express Poolrides.
Italian storm destroys hundreds of brand new cars
BBC - 31 Oct 2018 18:50
A storm surge has caused massive damage on the Liguria coast in northern Italy.
U.S. Federal Reserve unveils proposal to ease regulations for larger banks
Reuters - 31 Oct 2018 18:48
The U.S. Federal Reserve unveiled a proposal on Wednesday that would ease regulations for banks with less than $700 billion in assets.
Barnes & Noble countersues ex-CEO on harassment claims
New York Post - 31 Oct 2018 18:46
Barnes & Noble on Tuesday filed a countersuit seeking damages from the former chief executive it fired in part because of claims he sexually harassed a female employee. The largest US bookstore chain said Demos Parneros ...