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Business News

Location American Business News for 2 October 2015
Massive Data Breach At Experian Exposes Personal Data For 15 Million T-Mobile Customers Experian, the world's biggest consumer credit monitoring firm, on Thursday disclosed a massive data breach that exposed sensitive personal data of some 15 million people who applied for service with T-Mobile US Inc. Conn...
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Volkswagen: what went wrong?

MoneyWeek - 2 Oct 2015 11:40
Volkswagen has been rocked by revelations that it cheated in its US emissions tests. Matthew Partridge looks at what went wrong at the German car maker. The post Volkswagen: what went wrong? was first published on MoneyW...
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Lafayette Parish School System employees and retirees won't face any changes to their health insurance premiums or deductibles next year. …
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After seven years of the political drama known as "Obamacare," you might think voters would be tired of big ideas for revamping health care. If so, the presidential candidates seem to have missed the memo. …
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WASHINGTON
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Twitter shares take a hit after Dorsey becomes permanent CEO Twitter shares tanked 8.4 percent on Thursday, reversing gains bagged the day before after a report that Jack Dorsey's appointment as permanent CEO was imminent. The unconfirmed report sent Twitter's...
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U.S. Proposes Provision on Tobacco in Trade Pact

The New York Times - 2 Oct 2015 03:36
U.S. Proposes Provision on Tobacco in Trade Pact The tobacco provision remains tentative, but its inclusion in the Trans-Pacific Partnership negotiations would be a major victory for public-health advocates.
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Puerto Rico Development Bank Goes to Court for $400 Million in Taxes The Government Development Bank said the money was crucial to its ability to make coming payments to bondholders.
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Apple's planned second 'spaceship' campus may house its electric car business Apple has made an agreement to lease a large piece of real estate in Sunnyvale, California on which it plans to occupy a second “spaceship” office building. And if recent reports about the scale of Apple’s electric...
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Volvo hopes to invest $1B in South Carolina by 2030

Miami Herald - 2 Oct 2015 19:04
Volvo hopes to create 4,000 jobs and invest $1 billion at its Berkeley County automobile plant by 2030. …
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Jobs Number Leaves Fed in the Killing Yields

Wall Street Journal - 2 Oct 2015 18:05
A weak September employment report doesn't mean the job market is in trouble, but investors aren't taking any chances.
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Multinational corporations can deliver impact at scale, but how? Novozymes has co-founded a not-for-profit incubator that will co-invest in for-profit impact ventures in partnership with large corporations What is the best way for multinational corporations to contribute to the achiev...
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Luxury electric-car reboot is aiming at Tesla

Market Watch - 2 Oct 2015 17:40
A maker of luxury hybrid cars gets a new incarnation.
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Congress should consider making financial stability another goal of monetary policy in addition to low inflation and maximum employment, according to a new paper released Friday by Boston Fed President Eric Rosengren.
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10-Year Yield Tumbles Below 2% After Weak Jobs Report

Wall Street Journal - 2 Oct 2015 17:16
A weak employment report sent investors piling into U.S. government bonds Friday, with the yield on the benchmark 10-year Treasury note tumbling below 2% for the first time in more than a month.
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Main Street Morning: A dip in U.S. factory growth

Washington Post - 2 Oct 2015 17:00
Welcome to Main Street Morning, The Washington Post's daily collection of news affecting entrepreneurs, start-ups and small businesses with a special focus on policy and government.Here's what's affecting my small busine...
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VIDEO: The weakening Ugandan shilling

BBC - 2 Oct 2015 16:52
VIDEO: The weakening Ugandan shilling Since January 2015, Uganda's local currency has lost around a quarter of its value against the US dollar.
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VW drivers in UK to escape higher emissions tax, government vows Transport secretary calms fears that owners of cars caught cheating emissions tests might be forced to pay higher vehicle excise duty linked to pollution Volkswagen drivers in Britain whose vehicle was fitted with a devi...
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One Banking Scandal That Can Be Laid to Rest

Wall Street Journal - 2 Oct 2015 16:25
The U.K. consumer financial watchdog is right to call time on one of the country's biggest bank scandals, missold payment protection insurance.
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Britain's super-rich cash in on low interest rates with £1m mortgages Number of £1m-plus mortgages granted to lenders has risen by a fifth, with private banks main funders of central London trophy properties Britain's property bubble has created a new phenomenon: the rise of the £1m mort...
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Traders positioned themselves ahead of a U.S. jobs report and rig-count data due later in the trading day.
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Strategies: The absolute best way to raise money The absolute best way to raise money for your business is to get out there and make sales.          
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