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Business News

Location American Business News for 31 October 2018

Divers Zero In on Black Boxes From Indonesia Plane Crash

The New York Times - 31 Oct 2018 19:42
Divers Zero In on Black Boxes From Indonesia Plane Crash Locator beacon signals allowed investigators to narrow down the location of the data recorders, but recovering them could be a challenge.
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Jaguar Land Rover makes loss as sales slide 13% The UK's largest carmaker blamed falling Chinese sales, uncertainty over diesel and Brexit.
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Oct. 31 may be one of the most perilous days of the year for your children, home, car and health.
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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?
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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.
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Facebook shares go on roller coaster ride in extended trading 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...
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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 …
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How Black Friday began and what to know about this year's holiday rush 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.        
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Furloughs, executive departures hit struggling Faraday Future Faraday Future, the luxury electric-car maker once billed as China's answer to Tesla, is running out of juice. A co-founder of Faraday has resigned after furloughs at the start-up, which is starved for cash as it continu...
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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...
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How The Internet Can Make Hate Seem Normal -- And Why That's So Dangerous Social media platforms can offer a platform for hate speech and similar content, helping to push violent language into the mainstream
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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.
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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 …
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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 …
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Dragalia Lost has made $28 million since its Android and iOS debut a month ago.
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Marie Antoinette’s never-before-seen jewels will go under the hammer 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.        
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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. …
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Rising prices, margins drive GM's third quarter 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 ...
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Uber offers up Ride Pass monthly subscription service for flat rates on rides 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.        
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Italian storm destroys hundreds of brand new cars A storm surge has caused massive damage on the Liguria coast in northern Italy.
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The U.S. Federal Reserve unveiled a proposal on Wednesday that would ease regulations for banks with less than $700 billion in assets.
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Barnes & Noble countersues ex-CEO on harassment claims

New York Post - 31 Oct 2018 18:46
Barnes & Noble countersues ex-CEO on harassment claims 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 ...
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