Sunday, October 9, 2016

Study finds 20M would lose health coverage under Trump plan and other top stories.

  • Study finds 20M would lose health coverage under Trump plan

    Study finds 20M would lose health coverage under Trump plan
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  • Goldman to axe 30% of banking jobs in Asia

    Goldman to axe 30% of banking jobs in Asia
    Goldman Sachs is cutting almost 30 per cent of its 300 investment banking jobs in Asia outside Japan in response to a slowdown in activity in the region, two sources familiar with the matter told Reuters.The Wall Street bank is reducing the number of bankers working on mergers and acquisitions (M&A), and equity and debt capital markets deals, the sources said. It will be left with slightly more than 200 bankers across Asia. Most of the job cuts are likely to take place in Hong Kong, Singapore..
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  • The maker of EpiPen kept repeating one stat to Congress - Times Herald

    The maker of EpiPen kept repeating one stat to Congress - Times Herald
    The maker of EpiPen kept repeating one stat to Congress, and it's total nonsense On Wednesday Heather Bresch, the CEO of Mylan, the company that makes EpiPens, appeared before Congress to explain why her company raised the price of the lifesaving drug 500%, causing public outrage. On Wednesday Heather Bresch, the CEO of Mylan, the company that makes EpiPens, appeared before Congress to explain why her company raised the price of the lifesaving drug 500%, causing public outrage. Bresch was les..
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  • Moody's cuts Turkey's credit rating to 'junk' after coup

    Moody's cuts Turkey's credit rating to 'junk' after coup
    By Ayla Jean Yackley | ISTANBUL, Sept 24 ISTANBUL, Sept 24 Ratings agency Moody's cut Turkey's sovereign credit rating to "junk," citing worries about the rule of law after an attempted coup and risks from a slowing economy, in a move that could deter billions of dollars of investment.Turkey depends on investment flows to fund its current account deficit - one of the biggest in the G20 - and service its foreign debt. Ratings downgrades could force it to pay more to borrow money in internatio..
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  • Airbnb Raises $555 Million In New Funding Led By Google Capital

    Airbnb Raises $555 Million In New Funding Led By Google Capital
    Airbnb has raised $555 million during a funding round, documents filed with the Securities and Exchange Commission (SEC) show. In August, rumors surfaced about the company filing official documents with the State of Delaware, which revealed Airbnb's aim to attract more late-stage capital. The Form D filed on Sept. 23 backs the story, but insiders familiar with the matter are pointing out that Airbnb is far from closing the round. According to sources, the company might push the ceiling to a fig..
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  • Miami airport maintenance official charged in $5 million scheme

    Miami airport maintenance official charged in $5 million scheme
    MIAMI (AP) –  The director of terminal maintenance at Miami International Airport who was charged in a multimillion fraud case owned a Porsche, wore hand-tailored designer suits and rented sky boxes for concerts. Ivan Valdes, 46, started out cutting grass but was promoted in 2015 to a management job overseeing 100 people, where he is accused of hatching a scheme to skim $5 million from fraudulent light bulb purchases. He now faces a maximum 10-year prison sentence in a federal case and addition..
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  • Twitter needs to sell now or risk becoming another Yahoo

    Twitter needs to sell now or risk becoming another Yahoo
    Yahoo cofounder Jerry Yang, center, around the time of the Microsoft talks in 2008. REUTERS/Rick Wilking Twitter, which was once a darling of the tech industry and went public almost three years ago in an eye-popping IPO, appears to be up for sale. We've seen this story with an internet company before. In fact, the parallels between Twitter and Yahoo are rather striking: A rotating cast of CEOs and executives with little direction; a powerful platform once s..
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  • Puerto Rico Power Utility Restores Service

    Puerto Rico Power Utility Restores Service
    SAN JUAN, Puerto Rico รข€” Electricity was restored to most of Puerto Rico by Saturday following a rare, island-wide blackout caused by a power plant fire, the territory's power utility said Saturday. Less than 20,000 clients remained without power in some parts of San Juan and other urban areas."We have been operating under normal conditions since 2:30 a.m.," said Puerto Rico Electric Power Authority Executive Director Javier Quintana, noting that 60 hours had passed since power was knocked ou..
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People evacuated as crews battle 2-alarm warehouse fire in west ... .Early Apple Watch Series 2 reviews praise the GPS and brighter screen .
Zulily opens expanded office, seeks 50 workers .Samsung Electronics Nominates Heir Apparent to Board as Shares Slammed .

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