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Location American Business News for 28 June 2016
You can now read J.K. Rowling's latest short story that takes place in the same world as Harry Potter Getty Images The latest J.K. Rowling-adapted movie, "Fantastic Beasts and Where to Find Them," doesn't come out until mid-November. Luckily, Rowling just released the perfect material to hold you over until then: a shor...
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ManpowerGroup Faces Brexit Hit-Job

Barron's - 28 Jun 2016 12:23
ManpowerGroup Faces Brexit Hit-Job The recruitment firm will see earnings stumble as it derives about 10% of its revenue from the UK.
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Barnes Noble Finally Discovered The One Thing It Can Offer Customers That Amazon Can't Barnes & Noble's latest savior plan? Sell beer, wine, and a good time.
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Asian stocks try to shrug off Brexit gloom Asian markets got off to a gloomy start early Tuesday as Brexit concerns continued to weigh on investors.
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Volkswagen diesel owners can choose to either sell their car back to the company or get a repair that could diminish the vehicle's performance under a settlement of claims tied to the German automaker's emissions-cheatin...
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Google gains confidence in RankBrain and deploys it for all search results REUTERS/Fabrizio Bensch This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers. To learn more and subscribe, please click here. Google is now using RankBrain, its machine-learning system, to...
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Stock markets rally after Brexit wipes out $3tn - business live FTSE 100 rising in early trading, after world markets suffer their biggest two-day falls in history Latest: Small recovery underway Biggest two-day rout ever Introduction: UK loses AAA credit rating 8.50am BST Billionair...
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Hackers Wanted (Must Be Willing to Work at Bank)

American Banker - 28 Jun 2016 04:00
Hackers Wanted (Must Be Willing to Work at Bank) Even though cybersecurity jobs can offer six-figure salaries, generous signing bonuses and other perks, banks are struggling to find people to hire.
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Here's what the European Union needs to do to avoid losing more member-states A few years ago, the European Commission’s London office felt compelled to publish an A to Z of euro myths. There was an entry on eurocrats and an attempt to explain the EU’s reputation for being tyrannical about s...
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Design Army: Why This Internationally Renowned DC-Based Design Firm Commands Attention In the design world, some may not equate Washington D.C. with America’s hot beds for insanely impressive creative talent like New York or Los Angeles—but they would be wrong. Design Army, an award winning, internatio...
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Lending Club says improper loans extended to ex-CEO's family Lending Club named a new CEO and cut 179 jobs in the wake of a loan investigation.          
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Four Pitch Tips From Richard Branson, Sara Blakely And Tyra Banks Learning how to pitch your idea is an essential skill for success.
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NerdWallet acquires AboutLife to expand into retirement planning services NerdWallet has made its first acquisition, picking up financial planning company AboutLife. Financial terms of the deal were not disclosed, but all six members of the team will be kept on to join NerdWallet’s product, ...
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Will Thailand's E-Commerce 'Cashless' Boom Disrupt Asia's Retail Market? Thailand’s e-commerce market is booming and shaping up to be one of Asia’s top performers. With the imminent start of the government's national e-payment system, aimed at making Thailand a cashless society, it’s ex...
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Australian consumer confidence falls after Brexit vote but remains near multi-year highs ANZ-Roy Morgan index down 1.7% after turmoil in financial markets and concerns about global volatility Confidence is still sitting near multi-year highs as Australians take heart in the domestic economy rather than worry...
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F. Lee Bailey Bankruptcy Rooted In Poor Record Keeping The F. Lee Bailey bankruptcy discussed in the Washington Post is not much of a surprise to me.  F. Lee Bailey's resumption of his pre-Sam Shephard practice of tax litigation, this time on his own behalf lit up the tax...
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Referendum fallout: Rolls-Royce and Legal & General say it's business as usual Engine maker reaffirms commitment to UK while insurer says long-term trends such as an ageing population are unaffected by the EU vote Two major British companies, engine maker Rolls-Royce and the insurer Legal & General...
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MasterCard will invest up to $800 million in India by 2020 (MA) Master card's strong start to 2016 This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. MasterCard plans to invest $700-800 million in India between...
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Tata Communications: good riddance to bad assets

livemint.com - 28 Jun 2016 23:23
Tata Communications: good riddance to bad assets Now that Tata Communications has got rid of one of its so-called "drag businesses", it can commit resources to the well-performing data services business
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Katie Ledecky has become so dominant that other swimmers set a hilariously low bar for competing against her Jeff Curry/Getty With the Rio Olympics just over a month away, 19-year-old US swimmer Katie Ledecky looks poised to dominate the games. On Monday, Ledecky swam in the US time trials, winning the 400 meter freestyle in wh...
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LendingClub appoints new CEO

USA Today - 28 Jun 2016 17:58
LendingClub appoints new CEO LendingClub shares jumped on Tuesday after the company appointed Scott Sanborn as CEO and said it would cut nearly 200 jobs.          
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It seems we all have a memory of a particularly cool, young teacher that really shaped our sense of self as we grew up. You know the one -- just a little hard on you because he “knew you could do it,” the one who tau...
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