Duluth rolls out new business loan program – Duluth News Tribune

August 25th, 2016 by admin No comments »

Duluth rolls out new business loan program – Duluth News Tribune


Duluth News Tribune
Duluth rolls out new business loan program
Duluth News Tribune
Duluth Mayor Emily Larson speaks during a news conference along Superior Street in Lincoln Park Wednesday morning announcing a new business loan program for owner-occupied commercial buildings in the 55806 and 55807 zip codes. Listening to …
New business loan program revealedBusinessNorth.com

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“new business” – Google News

Exclusive: Companies made deals that could run afoul of U.S. whistleblower rules

August 25th, 2016 by admin No comments »

Exclusive: Companies made deals that could run afoul of U.S. whistleblower rules

Men pass a sign at Wells Fargo Center at the Democratic National Convention in PhiladelphiaWells Fargo , Advanced Micro Devices and Fifth Third Bank have in recent years agreed to settlement deals that seek to muzzle former employees in ways that some lawyers said could violate U.S. whistleblower protection laws. Five lawyers, including three who represent whistleblowers, said that the settlements appear aimed at blocking workers from airing their concerns and contain similarities to those used by other companies that ran afoul of government rules. The deals by Wells Fargo, AMD, and Fifth Third Bank were among a dozen such corporate settlements reached between 2012 and 2015 that were reviewed by Reuters.

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Business News Headlines – Yahoo! News

Central bankers eye public spending to plug $1 trillion investment gap

August 25th, 2016 by admin No comments »

Central bankers eye public spending to plug $1 trillion investment gap

Federal Reserve Chair Janet Yellen holds a news conference in WashingtonBy Howard Schneider JACKSON HOLE, Wyoming(Reuters) – While markets wait for Janet Yellen’s latest message about the direction of monetary policy, the Federal Reserve chief and her colleagues already have one for politicians: the U.S. economy needs more public spending to shift into higher gear. In the past few weeks, Yellen and three of the Fed’s other four Washington-based governors have called in speeches and Congressional hearings for government infrastructure spending and other efforts to counter weak growth, sagging productivity improvements, and lagging business investment. The Fed has no direct influence over fiscal policy and its officials traditionally refrain from discussing it in detail.

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Business News Headlines – Yahoo! News

Wall St. falls on weakness in materials, healthcare

August 25th, 2016 by admin No comments »

Wall St. falls on weakness in materials, healthcare
Stocks took a step back on Wednesday as many investors turned their focus to Friday, when Fed Chair Janet Yellen will speak in Jackson Hole, Wyoming. Bobbi Rebell reports.

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Reuters Video: Business

U.S. housing market on solid ground

August 25th, 2016 by admin No comments »

U.S. housing market on solid ground
U.S. home resales fell, but prices continue to trend higher. This comes a day after government data showed new home sales vaulted to a nine-year high in July. Bobbi Rebell reports.

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Reuters Video: Business

Asia stocks mark time before Yellen speech; dollar firm

August 25th, 2016 by admin No comments »

Asia stocks mark time before Yellen speech; dollar firm

A man is reflected on a stock quotation board outside a brokerage in TokyoAsian stocks edged higher on Thursday but clung to recent well-worn trading ranges while the greenback held firm against regional currencies ahead of a speech by Federal Reserve Chair Janet Yellen at a global central bankers’ meeting. MSCI’s broadest index of Asia-Pacific shares outside Japan edged 0.2 percent higher. Japan’s Nikkei was down 0.3 percent, pressured by losses on Wall Street overnight and investor caution ahead of Yellen’s speech in Jackson Hole, Wyoming, on Friday.

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Business News Headlines – Yahoo! News

Ex-Comverse CEO pleads guilty to fraud, a decade after fleeing to Africa

August 25th, 2016 by admin No comments »

Ex-Comverse CEO pleads guilty to fraud, a decade after fleeing to Africa

Fugitive U.S. millionaire Jacob "Kobi" Alexander sits with his wife Hanna, as he awaits the start of his extradition hearing in WindhoekBy Nate Raymond NEW YORK (Reuters) – The former chief executive officer of Comverse Technology Inc pleaded guilty to securities fraud on Wednesday and was ordered detained a decade after fleeing the United States for Namibia to avoid prosecution. Jacob “Kobi” Alexander, the Woodbury, New York-based software developer’s founder, entered the plea in federal court in Brooklyn, after ending his fight to avoid extradition. Benjamin Brafman, Alexander’s lawyer, said he was “bitterly disappointed.” It was unclear if Alexander would appeal.

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Business News Headlines – Yahoo! News

HP Inc beats estimates, weak printer demand weighs on forecast

August 25th, 2016 by admin No comments »

HP Inc beats estimates, weak printer demand weighs on forecast

The Hewlett-Packard (HP) logo is seen as part of a display at the Microsoft Ignite technology conference in ChicagoBy Aishwarya Venugopal (Reuters) – HP Inc , the hardware business of the former Hewlett-Packard Co, reported higher-than-expected quarterly revenue and profit as demand recovered for its notebooks. However, HP forecast current-quarter profit below analysts’ estimates, reflecting weak sales of its printers as companies cut costs across industries. HP’s shares fell nearly 6 percent in extended trading on Wednesday. Third-quarter revenue from the company’s computer business rose 7.5 percent from the second quarter as sales of notebooks improved. …

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Business News Headlines – Yahoo! News

U.S. banking regulators focused on cyber security after SWIFT attacks

August 25th, 2016 by admin No comments »

U.S. banking regulators focused on cyber security after SWIFT attacks

Photo illustration of the Swift bank logoU.S. banking regulators said on Wednesday they are focused on cyber security risks and controls for U.S. financial institutions after attacks earlier this year involving the global financial network known as SWIFT. In a letter responding to questions from Representative Carolyn Maloney, a Democrat from New York, the regulators also said the U.S. Treasury Department’s Office of the Comptroller of the Currency was drafting guidance on interbank messaging and wholesale payment systems. “As part of ongoing supervision activities, the OCC’s onsite examination teams regularly address emerging issues, such as the recent reports of cyber-attacks involving SWIFT,” said the letter from banking regulators including the Federal Reserve Board and Federal Deposit Insurance Corporation.

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Business News Headlines – Yahoo! News

Oil prices fall as market focus returns to global supply overhang

August 25th, 2016 by admin No comments »

Oil prices fall as market focus returns to global supply overhang

An oil pump is seen in LagunillasBy Henning Gloystein SINGAPORE (Reuters) – Crude prices edged lower on Thursday as brimming U.S. and Asian fuel inventories returned investors’ attention to a large global supply overhang, cutting short a price rally and restricting Brent crude futures to below the $50 a barrel mark. International benchmark Brent crude oil futures were trading at $48.95 per barrel at 0132 GMT in early Asian trade, down 10 cents, after closing down 1.8 percent previously. U.S. West Texas Intermediate (WTI) crude futures were at $46.68 a barrel, down 9 cents, after falling 2.8 percent on Wednesday.

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Business News Headlines – Yahoo! News