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Category : Business (Archive for 2017-08-05) News by Google
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Washington Post
Martin Shkreli is found guilty of three of eight securities fraud charges
Washington Post
New York — A Brooklyn jury on Friday found Martin Shkreli, the former hedge fund manager notorious for brazenly raising the price of a critical drug, guilty of defrauding his investors. Shkreli shook his head in apparent disbelief as the first of ...

Washington Post
UAW defiant in Mississippi loss as union opponents celebrate
Washington Post
CANTON, Miss. — Supporters of the United Auto Workers say they're not giving up their fight to unionize a Nissan auto assembly plant in Mississippi after a stinging defeat, even as UAW opponents say Friday's loss proves workers don't want the union.

New York Times
Wells Fargo May Have Found More Fake Accounts Created by Employees
New York Times
Wells Fargo customers in San Francisco. The bank is facing an investigation by the federal Consumer Financial Protection Bureau. Credit Justin Sullivan/Getty Images. Wells Fargo, already struggling to rebuild its reputation after a scandal over the ...

The Verge
Tesla Energy Bleeding Heavily
Seeking Alpha
In 2015, Tesla (TSLA) CEO Elon Musk said that the company had orders for more than $800 million worth of its storage batteries. Apparently, the company has not converted many of these orders to actual sales, because two years later, revenues are ...

The Hill
Economy adds impressive 209K jobs in July
The Hill
The U.S. economy added a solid 209,000 jobs in July, exceeding economists' estimates as the labor market shows few signs of slowing down. The unemployment rate last month fell to 4.3 percent from 4.4, the Labor Department reported on Friday. The labor ...

Reuters
Activist Ackman looks for board seats, better returns at payroll firm ADP
Reuters
(Reuters) - Billionaire investor William Ackman on Friday said his hedge fund had taken an 8 percent stake in Automatic Data Processing Inc (ADP.O) and plans to ask for board seats so he can push the U.S. human resources outsourcing company to cut ...

Washington Post
Ex-VW Official Admits Role in Emissions Cheating -- WSJ
Fox Business
This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (August 5, 2017). Continue Reading Below. A former Volkswagen AG compliance executive ...

UtahHerald.com
Why Applied Optoelectronics Inc. Stock Is Plunging Today
Motley Fool
Stellar second-quarter results are being ignored as third-quarter sales guidance fell short of analyst expectations. The long-term growth story remains intact. Anders Bylund. (TMFZahrim). Aug 4, 2017 at 12:41PM ...

Washington Post
Dunkin' Donuts wants to leave a doughnut-sized hole in its name
Washington Post
There was a time when Dunkin' Donuts was all about its doughnuts. The doughnuts, if you recall. Responsibility for making the doughnuts fell to Fred the Baker, a mustachioed everyman who rose before daybreak, singularly focused on satisfying America's ...

Chaffey Breeze
United Technologies in bid to acquire Rockwell Collins: source
Reuters
(Reuters) - United Technologies Corp (UTX.N), the U.S. maker of Otis Elevators and Carrier air conditioners, has submitted an offer to acquire aircraft component manufacturer Rockwell Collins Inc (COL.N), a person familiar with the matter said on Friday.

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