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Business News

Location American Business News for 21 March 2017

Auto Lenders Are on a Bad Trip

Wall Street Journal - 21 Mar 2017 18:44
Warning signs continue to accumulate in the auto-finance industry.
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The stock market keeps rallying on old news and it's worrisome David Rosenberg is one of the most respected voices in the investing world. His Breakfast with Dave goes out to thousands of appreciative subscribers nearly every business morning. Rosie is the "Data Meister." To everyon...
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These are the watches worn by some of the most powerful men in finance Since it was invented over 200 years ago, the wristwatch has been an integral component of men'sfashion. In addition to their practical functionality of telling time, a watch serves as a collectible piece of art that com...
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What It Takes For Banks To Nab a Criminal

Wall Street Journal - 21 Mar 2017 14:59
Fresh allegations regarding international money laundering show how difficult it is for banks to catch suspicious transactions in their midst
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This successful serial entrepreneur sticks to 4 strict rules whenever he has to fire someone YouTube/OrrickTotalAccess LinkedIn Influencer Betty Liu published this post originally on LinkedIn. Anyone who runs a business knows how hard it is to find talent. What's personally harder is letting the same talent go. ...
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5 things successful people do after being rejected for a job Andrey/Flickr Your hopes were high, and now they've been dashed. You received a curt, "Thanks, but no thanks" for an opportunity you were really excited about. There's no way around it -- rejection is tough for all of us...
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7 Growth Stocks With Downside Protection

Barron's - 21 Mar 2017 11:51
7 Growth Stocks With Downside Protection The five-star JPMorgan Hedged Equity fund seeks to minimize volatility. Here's what it's buying now.
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Lawsuit Accuses Ivanka Trump Company Of Unfairly Profiting From White House A San Francisco clothing retailer has filed a class-action lawsuit against Ivanka Trump’s clothing and accessory company, accusing the operation of unfair competition because of her connections to the White House. Mode...
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New York awards $78M to support school initiatives

News Observer - 21 Mar 2017 06:43
New York state is directing more than $78 million toward programs meant to expand the role of schools in their students' lives. Federally funded grants will help expand or establish …
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Bank of America is getting whacked (BAC, JPM, C)

Business Insider - 21 Mar 2017 19:32
Bank of America is getting whacked (BAC, JPM, C) Markets Insider Stocks are taking a dive. The Dow and S&P have gone a record 109 days without a 1%+ decline but today that might come to an end. At 1:04PM EST the Dow and S&P weredown .80% and .87%. Volatility is also po...
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Wal-Mart launches incubator lab to house startups

News Observer - 21 Mar 2017 18:47
Wal-Mart is launching an incubator lab focused on projects in robotics, virtual and augmented reality and artificial intelligence as it aims to compete more aggressively with Amazon. The so-called Store …
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The German lender says that the Justice Department closed a criminal inquiry into its currency-trading activities without action, but regulators are said to be in the final stages of their own reviews of that conduct to ...
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Goldman Sachs to expand EU presence ahead of Brexit The bank plans to move jobs from London and bulk up its European presence by "hundreds of people".
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The family of a woman killed when a tractor-trailer crashed into her car will receive more than $5 million from the company that employed the truck driver, who authorities have …
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Trump says he wants to tackle drug pricing in the GOP's Obamacare replacement plan (IBB) Reuters/Jonathan Ernst President Donald Trump wants to slip drug pricing into the GOP Obamacare replacement plan. "We're just adding that to the bill. I said we gotta add that to the bill," Trump said at a speech on Mond...
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Here's everything Apple just announced this morning (AAPL)

Business Insider - 21 Mar 2017 16:36
Here's everything Apple just announced this morning (AAPL) Apple Apple just announced a load of new products on Tuesday morning. From glamorous red iPhones to cheap new iPads, the California tech company unveiled updates, refreshes, and accessories for many of its product lines....
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Stocks fall a bit in early trading; Apple climbs

L.A. Times - 21 Mar 2017 16:35
Stocks fall a bit in early trading; Apple climbs U.S. stocks are posting modest declines in early trading Tuesday, but Apple led technology companies higher after announcing an update to its iPad. Healthcare companies rose, but packaged-food companies and airlines skid...
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Recent Commercial Real Estate Transactions

The New York Times - 21 Mar 2017 16:23
Recent Commercial Real Estate Transactions Recent commercial real estate transactions in New York City.
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Google in revamp to tackle UK advert scandal

Sky News - 21 Mar 2017 15:56
Google in revamp to tackle UK advert scandal Google has pledged to police its websites better by hiring new staff and overhauling its policies after UK firms suspended advertising because it appeared on extremist videos.
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The man who planted a tree and grew a whole family of forests As Brazil's deforestation begins to climb again, one man has spent over 40 years planting a forest of his own When Antonio Vicente bought a patch of land in São Paulo state and said he wanted to use it to plant a forest...
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How Trump's Budget Cuts Will Affect STEM Education For Low- To Middle-Income Families The president's proposed budget cuts will eliminate the NASA Education Office and its scholarships and programs for K-12 students. The president's proposed budget cuts will eliminate the NASA Education Office and its sch...
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What you need to know on Wall Street right now

Business Insider - 21 Mar 2017 19:44
What you need to know on Wall Street right now Screenshot/Bloomberg TV Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Morgan Stanley No. 2 executive Colm Kellehersaid it took a "WTF moment" to trigger a major revamp of...
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