Business News
Veteran banker Cathy Nash leaves Woodforest
American Banker - 18 Jan 2019 22:08
The Texas bank disclosed that James Dreibelbis, a longtime Woodforest executive, succeeded Nash late last month.
YouTube regains AT&T's ad dollars after extremist content controversy in 2017
Venture Beat - 18 Jan 2019 17:10
AT&T has announced that it is returning its ads to YouTube, nearly two years after pulling them after they appeared alongside extremist content.
KeyCorp's deal for student lender raises eyebrows
American Banker - 18 Jan 2019 02:08
Executives at Key pushed back against doubts over a deal for Laurel Road Bank's digital lending platform so late in the credit cycle, arguing that its customers are prime borrowers with high incomes.
The Things John Bogle Taught Us: Humility, Ethics and Simplicity
The New York Times - 18 Jan 2019 03:50
Personal finance luminaries and everyday investors share lessons from the late Vanguard founder.
The Wall Street Journal: Tribune Publishing CEO Justin Dearborn steps down
Market Watch - 18 Jan 2019 03:27
Tribune Publishing Co. (TICKER:TPCO) Chairman and Chief Executive Justin Dearborn has stepped down, and said Timothy P. Knight will be CEO.
Grand jury charges 4 Audi managers in emissions case
ABC News - 18 Jan 2019 02:09
A federal grand jury in Detroit has indicted four Audi engineering managers from Germany in a widening diesel emissions cheating scandal
The Wall Street Journal: JPMorgan's Jamie Dimon had $31 million compensation package in 2018
Market Watch - 18 Jan 2019 02:08
JPMorgan Chase & Co. Chief Executive James Dimon received a compensation package valued at $31 million in 2018, up 5% from $29.5 million in 2017, according to a Thursday securities filling.
NewsWatch: Netflix earnings and subscriber additions beat expectations, but stock falls
Market Watch - 18 Jan 2019 00:00
Netflix Inc. added more new subscribers than expected in the holiday season, but shares still declined after the company released its earnings report Thursday afternoon.
McCann Ends 4-Year Battle Over U.S. Army Contract
AdWeek - 18 Jan 2019 21:42
More than four years after the U.S. Army first announced that it would be reviewing its advertising business in November of 2014, McCann has dropped its final legal fight against the government, withdrawing a protest fil...
Economic Report: U.S. industrial production finished 2018 on a firm note
Market Watch - 18 Jan 2019 17:12
Industrial production rose 0.3% in December, while manufacturing output jumped 1.1%, the highest in 10 months, the Fed said Friday.
CES 2019 showed us computer vision will go big this year
Venture Beat - 18 Jan 2019 17:05
From what I saw at CES 2019, this may ultimately be remembered as the year computer vision products went mainstream. Here are some of the indicators.
Costco may launch its own streaming service
USA Today - 18 Jan 2019 17:01
You might think of Costco as your go to place for shopping in bulk and getting yummy free samples. But in the future, you might start considering, Costco and chill? Susana Victoria Perez has more.
Tesla to cut workforce by 7 percent, sees small fourth-quarter profit
Reuters - 18 Jan 2019 16:55
Tesla Inc said on Friday it would cut thousands of jobs to rein in costs as it plans to increase production of lower priced versions of its crucial Model 3 sedan, sending its shares down 7 percent.
Market Snapshot: Dow rises 100 points as investors cling to hope of trade resolution
Market Watch - 18 Jan 2019 16:50
U.S. stocks rise Friday, pointing to the fourth-straight win for equities, as investors hang on to optimism over a report that Washington might ease trade tariffs on Beijing.
This self-driving supermarket on wheels is coming to you
USA Today - 18 Jan 2019 16:44
You might hate going to the grocery store, but what if it came to you? Buzz60's Tony Spitz has the details.
Wall Street opens higher on trade hopes, upbeat manufacturing data
Reuters - 18 Jan 2019 16:34
U.S. stocks opened higher on Friday and were set for their fourth week of gains on hopes that a bitter trade war between the United States and China would be resolved and after upbeat monthly manufacturing data.
US industrial production rose 0.3 percent in December
ABC News - 18 Jan 2019 16:31
US industrial production increased 0.3 percent in December, led by jump in manufacturing
US industrial production rose 0.3 percent in December
Miami Herald - 18 Jan 2019 16:31
U.S. industrial production increased 0.3 percent in December, led by the biggest surge in manufacturing in ten months. The Federal Reserve says that that manufacturing output jumped 1.1 percent last …
Daily bitcoin transactions on darknet markets doubled throughout 2018: report
Reuters - 18 Jan 2019 16:25
Use of bitcoin as a form of payment doubled in 2018 on darknet market sites, where users can buy anything from illegal drugs to fake IDs, even though the price of the cryptocurrency crashed, according to a study by data ...
PBGC steps in to oversee Sears' two pension plans
Reuters - 18 Jan 2019 20:25
Pension Benefit Guaranty Corp (PBGC) is taking steps to assume responsibility for bankrupt retailer Sears Holdings Corp's two pension plans, covering about 90,000 people, the U.S. government agency said on Friday.
Tesla to cut workforce by 7 percent, expects lower Q4 profit
New York Post - 18 Jan 2019 16:19
Tesla Inc. said Friday it would cut 7 percent of its workforce -- or some 3,400 jobs -- to rein in costs as it plans to increase production of lower-priced versions of its crucial Model 3 sedan, sending its shares down 7...
Here's how to tell if that job offer is too good to be true
USA Today - 18 Jan 2019 16:12
Finding a job is tough, but before you shake hands, here's how to make sure you're making the right decision. Buzz60's Tony Spitz has the details.