Business

Business

NAFTA ministers to meet again as elections quicken pace

(c) 2018, Bloomberg. NAFTA talks will continue through the weekend before ministers regroup Tuesday, as negotiations take on new urgency while Mexico cautions nothing is imminent. Senior U.S., Canadian and Mexican officials met in Washington Friday, under pressure from looming elections to reach a...


Business

Pruitt reassigned lawmen as drivers, bodyguards in Oklahoma

EPA Pruitt Oklahoma

OKLAHOMA CITY (AP) — As Oklahoma’s attorney general, Scott Pruitt assigned investigations agents from his office to be his driver and bodyguard, at times taking them on his frequent trips out of state to speak to conservative political organizations, state records show. The newly obtained documents...


Business

P&G ends its YouTube advertising boycott, but with a catch

(c) 2018, Bloomberg. Procter & Gamble, the biggest advertiser in the U.S., kept its ads off YouTube for more than a year because of concerns about inappropriate content. Now it’s returning to the video site, but a lot more selectively than before. The consumer-goods giant, which spent $2.75 billion...


Business

GE is said in talks to unload rail unit in deal with Wabtec

(c) 2018, Bloomberg. General Electric Co., the beleaguered manufacturer undergoing a strategic review, is in talks to sell its century-old locomotive business to rail-equipment maker Wabtec Corp., according to people familiar with the matter. GE is considering combining its rail division with...


Business

Google is launching an Android chat service to replace SMS

(c) 2018, The Washington Post. Google is rolling out a new chat service to replace standard texting, a move that analysts say will offer Android users advanced features already found in popular chat services such as Apple’s iMessage and Facebook’s WhatsApp. But the unveiling also represents a...


Business

Vermont wants to turn tourists into workers

(c) 2018, The Washington Post. Vermont has forest trails, yoga retreats, breweries galore - and a labor shortage so severe, the state is adding a new perk to its vacation packages: employment opportunities. Officials are rolling out a program this summer that aims to persuade thousands of the...


National

Wells Fargo to pay $1B for mortgage, auto lending abuses

Wells Fargo Fine

NEW YORK (AP) — Wells Fargo will pay $1 billion to federal regulators to settle charges tied to its mortgage and auto lending business, the latest chapter in years-long, wide-ranging scandal at the banking giant. However, it appears that none of the $1 billion will go directly to the victims of...


Business

LA Fitness employees called 911 on two black men they said didn't pay. They had.

(c) 2018, The Washington Post. Two black men were wrongly accused of not paying to use a gym in New Jersey and subsequently had the police called on them, days after a similar incident at a Philadelphia Starbucks catapulted the problem of racial profiling in commercial spaces into the national...


Business

Dollar gains as Treasuries steady; stocks struggle

(c) 2018, Bloomberg. U.S. stocks pared a weekly gain as a selloff in chipmakers entered a third day, with investors concerned there’s been a slowdown in smartphone demand. The dollar extended its weekly gain and Treasury yields marched toward 2.95 percent. Makers of computer chips and hardware...


Business

With its 2018 tax cut, Wells Fargo could pay its $1 billion fine 3 times and still have

(c) 2018, The Washington Post. Federal regulators on Friday hit Wells Fargo with a $1 billion fine, the largest levied against a U.S. bank during the Trump administration. But the civil penalty is unlikely to hobble or even slow down the bank, which is expected to be among the biggest beneficiaries...


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