Business news

• What Is Pinky Drug? 2 Utah Teens Overdose On Synthetic Opioid U-47700 Amid DEA Classification Motion

  14-09-2016 23:58 via ibtimes.com
  
  Just as the Drug Enforcement Agency announced plans to criminalize U-47700, two eighth graders in Utah have reportedly overdosed from the synthetic drug.
  
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• Internet access as important as food, water to refugees, UN says

  14-09-2016 23:49 via cnet.com
  
  In some cases, refugees are willing to give up 10 days worth of food just to afford their data plans.
  
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• Prosecutors investigate Wells Fargo's sales practices: source

  14-09-2016 23:44 via news.yahoo.com
  
  By Nate Raymond NEW YORK (Reuters) - U.S. prosecutors have begun an investigation related to sales practices at Wells Fargo & Co that led the bank to agree to a $190 million settlement with regulators, a person familiar with the matter said on Wednesday. The U.S. Attorney's Offices in Manhattan and San Francisco are investigating Wells Fargo, the person said, following a settlement announced on Sept. 8 over claims that some customers were pushed into fee-generating accounts they never reques
  
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• Google Fiber TV presume de mejoras a su interfaz y servicios

  14-09-2016 23:42 via cnet.com
  
  La plataforma televisiva de los usuarios de Google Fiber recibe su más grande actualización desde su lanzamiento en 2012.
  
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• Oprah says she's losing weight on Weight Watchers, but she's also losing money

  14-09-2016 23:40 via cbc.ca
  
  Oprah Winfrey's big investment in Weight Watchers has paid off so far, but her Midas touch could be in question given the company's recent struggles.
  
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• FDA panel recommends dropping serious warning on Pfizer's Chantix

  14-09-2016 23:38 via news.yahoo.com
  
  (Reuters) - A serious warning on Pfizer Inc's drug that helps quit smoking should be removed, 10 of 19 independent panelists to the U.S. Food and Drug Administration recommended on Wednesday, after reviewing additional trial data. Four panelists voted to change the language in the "black box warning" - about neuropsychiatric risks including suicidal thoughts, hostility and agitation - while five recommended retaining it. On Monday, FDA staff issued a scathing review of the large post-marketing s
  
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• Galaxy Note 7 Recall: New York Transit Authority Asks Riders To Turn Off Device While Traveling

  14-09-2016 23:29 via ibtimes.com
  
  New York City’s transit authority is warning travelers from using Samsung Galaxy Note 7s while on the subway or a bus. The warning comes days after reports of a six-year-old boy in Brooklyn suffering injuries from a Galaxy Note 7, which has since been identified to be a different Galaxy device. 
  
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• More Apple AirPods competitors are coming

  14-09-2016 23:25 via cnet.com
  
  Taiwan-based Erato has made two new totally wireless earphones available for preorder on crowdfunding site Indiegogo: The Muse 5 and Rio 3.
  
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• Man in DeLorean stopped for allegedly going 89 mph, denies time travel

  14-09-2016 23:19 via cnet.com
  
  Technically Incorrect: In England, strange happenings on the roads. Could someone be trying a novel way of getting out of Brexit?
  
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• Stuntman's canyon rocket jump starts where Evel Knievel left off

  14-09-2016 23:10 via cnet.com
  
  Hollywood stunt pro Eddie Braun on why he plans to ride a steam-powered rocket over an Idaho canyon Saturday, more than 42 years after his famous daredevil hero failed in his own attempt.
  
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• Activist says Wells Fargo to face tough shareholder resolutions

  14-09-2016 22:47 via news.yahoo.com
  
  An activist investor said on Wednesday it is "inevitable" that Wells Fargo & Co will face critical shareholder resolutions after the bank agreed to a $190 million settlement with regulators over fake consumer accounts. Tim Smith, who leads shareholder engagement efforts at Walden Asset Management in Boston, said his firm is talking with investors including state pension funds and labor groups about submitting resolutions for the bank's springtime shareholder meeting that may call for things
  
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• Fed jitters and oil pull Wall Street lower; Apple rallies

  14-09-2016 22:33 via news.yahoo.com
  
  (Reuters) - Wall Street edged lower on Wednesday as investors stewed about future interest rate hikes and cheaper oil dragged down energy shares, although Apple surged to its highest level this year.
  
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• It's time to make LibreOffice and OpenOffice one again

  14-09-2016 22:28 via techrepublic.com
  
  OpenOffice is dying, and LibreOffice needs a major overhaul. Here's why bringing them together could save the day.
  
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• Federal prosecutors investigate Wells Fargo's sales practices: WSJ

  14-09-2016 22:27 via news.yahoo.com
  
  The company has been hit hard by allegations that its staff opened more than 2 million bank accounts and credit cards for customers without their consent to meet internal sales goals. Chief Executive John Stumpf apologized on Tuesday and said the management takes responsibility for the problems identified in the settlement. Although the bank eliminated sales goals for retail staff, Stumpf said "cross-selling" products from various businesses to customers is still important to growing its busines
  
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• Hillary Clinton vs. Donald Trump Latest Polls: Clinton Leads, Voters Still Don't Like Either Candidate All That Much

  14-09-2016 22:24 via ibtimes.com
  
  Hillary Clinton isn’t winning the 2016 presidential race. She’s just losing less than Donald Trump, a new Quinnipiac University poll out Wednesday suggests.
  Clinton leads Trump in the most recent poll by five points nationally, with 48 percent of those polled saying that she was their gal compared to just 43 percent who said they were towing the Trump line. That’s a drop for Clinton since last month but what is perhaps more interesting is that more than half of the support
  
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• Caesars directors must 'pony up' details of wealth: judge

  14-09-2016 22:22 via news.yahoo.com
  
  Billionaire investors Marc Rowan and David Bonderman are among Caesars Entertainment Corp directors who must disclose details of their wealth to creditors of the casino holding company's bankrupt subsidiary, a U.S. judge said on Wednesday. Junior creditors of Caesars Entertainment Operating Co Inc (CEOC) convinced the court on Wednesday to force six of the parent's directors to prove they can contribute to CEOC's reorganization plan in exchange for releases from allegations of fraud. CEOC filed
  
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• Robots Are Coming For Your Job: New Report Predicts That 8.6 Million U.S. Workers Will Be Displaced By 2021

  14-09-2016 22:21 via ibtimes.com
  
  One of the biggest concerns surrounding artificial intelligence is that the technology will eliminate jobs as it becomes increasingly more sophisticated.
  
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• ITT Tech Loan Forgiveness? After Closing, Former Students Of For-Profit College Start Debt Strike

  14-09-2016 22:20 via ibtimes.com
  
  More than 170 former ITT Technical Institute students declared this week that they won't pay back the federal loans they took out to attend the recently closed for-profit college. In a letter addressed to United States President Barack Obama and Education Secretary John King, the Debt Collective-affiliated group wrote that it was refusing to deal with its debt because the government allowed them to attend a corrupt school.
  
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• Bernie Sanders On Edward Snowden: Clemency, Plea Deal Should Be Offered To NSA Leaker

  14-09-2016 22:14 via ibtimes.com
  
  More than three years ago, former Central Intelligence Agency and National Security Agency contractor Edward Snowden blew the whistle on the U.S. intelligence community, releasing thousands of documents showing the government had been spying on and storing American telecommunications.
  
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• Can you spot the birds' clever camouflage in this eye-fooling photo?

  14-09-2016 22:08 via cnet.com
  
  It's like if your skin matched your bedspread exactly, and no one even knew you were grabbing a nap.
  
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• Pardon Snowden? Celebs and human rights groups say yes

  14-09-2016 21:57 via cnet.com
  
  NSA leaker Edward Snowden speaks at event as three major human rights organizations launch a campaign for a presidential pardon.
  
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• Alexa can finally change the colors of your Philips Hue lights -- sort of

  14-09-2016 21:56 via cnet.com
  
  She still can't change your bulbs to a specific shade, but Alexa can now trigger your Philips Hue lighting scenes, colors and all.
  
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• San Gennaro Feast 2016: Why It's Important To Celebrate In Little Italy

  14-09-2016 21:55 via ibtimes.com
  
  The Festival of San Gennaro is not just important to Little Italy, it’s important to all of New York City — that’s what John Fratta, Board Director of Figli di San Gennaro, told International Business Times Wednesday during a phone interview. He discussed the origin of the feast, why we celebrate it and how he hopes the feast will continue to thrive In New York.
  
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• Ford says 2017 performance will fall from 2016 levels as costs rise

  14-09-2016 21:55 via news.yahoo.com
  
  Ford, like most of its chief rivals, is seeking ways to profit as the industry moves toward self-driving vehicles and ride-sharing. The company is taking a cautious path on this course, its chief executive, Mark Fields, indicated in an interview with Reuters on Tuesday. Ford stock fell nearly 2 percent in afternoon trading.
  
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• 3 Top Reasons Why Donald Trump Could Still Win The Presidency Despite Trailing In Most Polls

  14-09-2016 21:55 via ibtimes.com
  
  The past few weeks have been good to Donald Trump. Following the Democratic National Convention in July, his opponent Hillary Clinton seemed to have a resilient double-digit lead over the businessman. But recently he’s caught back up.
  What that means is that, while pundits were saying just weeks ago that Clinton had all but won the race, it’s now anyone’s race for the taking. Here are some reasons why.
  There’s Plenty Of Time
  
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• Luxury home sales tumble in Vancouver, grow in Toronto

  14-09-2016 21:51 via cbc.ca
  
  Sotheby's says the new 15 per cent foreign buyer tax has "injected uncertainty" into the Vancouver housing market, while gains in the Toronto market are projected to continue briskly in the fall.
  
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• Volkswagen says it might not resume U.S. sales of diesel vehicles

  14-09-2016 21:50 via news.yahoo.com
  
  By David Shepardson WASHINGTON (Reuters) - Volkswagen AG said on Wednesday it has not decided if it will resume selling diesel vehicles in the United States, even if it were allowed to, in the wake of the automaker's emissions cheating scandal. The German automaker has been barred from selling diesel vehicles in the United States since late 2015 after it acknowledged using "defeat devices" to evade U.S. diesel emissions standards. The company is in talks with U.S. regulators but approval to resu
  
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• Saudi girl proposes headscarf emoji to Unicode Consortium

  14-09-2016 21:50 via cnet.com
  
  A 15-year-old Saudi girl living in Germany realized that she -- a Muslim who wears headscarves -- wasn't represented by any of the existing emojis and decided to take action.
  
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• Vanessa Marcotte Update: Jogger's Killing Leaves Princeton Police Clueless As Residents Live In Fear After Massachusetts Attack

  14-09-2016 21:46 via ibtimes.com
  
  It has been a little more than a month since the killing of Massachusetts jogger Vanessa Marcotte who was reported missing after she failed to come home following an afternoon run on Aug. 7. The Google employee who lived in New York City was visiting her mother in Princeton Massachusetts when she was murdered.
  
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• Bayer's Monsanto acquisition to face politically charged scrutiny

  14-09-2016 21:46 via news.yahoo.com
  
  By Diane Bartz and Greg Roumeliotis WASHINGTON D.C./NEW YORK (Reuters) - As the global agricultural sector races to consolidate, Bayer AG's $66 billion all-cash deal to acquire Monsanto Co will test growing political and consumer unease in the United States and abroad over the future of food production. Bayer’s pesticide-focused agricultural business has few overlaps with Monsanto's dominant seed franchise, according to the companies' executives. Monsanto and Bayer "have chosen to do a dea
  
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• What Is Sjogren’s Syndrome? Venus Williams Suffers From Long-Term Autoimmune Disease, Granted Therapeutic Use Exemptions

  14-09-2016 21:38 via ibtimes.com
  
  American tennis superstar Venus Williams made headlines on Tuesday after confidential medical information stored in the World Anti-Doping Agency (WADA) database was made public by Russian hackers. The seven-time Grand Slam singles champion announced in 2011 that she suffers from Sjogren's syndrome, a long-term autoimmune disease that can decrease energy and had received treatment.
  
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• ‘Doctor Who’ EP Supports ‘Torchwood’ Revival, Despite John Barrowman’s Claims

  14-09-2016 21:35 via ibtimes.com
  
  “Doctor Who” showrunner Steven Moffat is firing back after rumors surfaced that he was to blame for “Torchwood” ending after Season 4. Moffat released a statement on the issue in which he praised the “Who” spinoff, and he even stated that he supports a revival of the alien drama.
  
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• Cthulhu doesn't appreciate Stephen King's Trump comparison

  14-09-2016 21:23 via cnet.com
  
  It's not wise to upset a fictional H.P. Lovecraft monster. Cthulhu issues an angry response to horror writer Stephen King, who dared to compare him to US presidential candidate Donald Trump.
  
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• Activist says Wells Fargo to face critical shareholder resolutions

  14-09-2016 21:16 via news.yahoo.com
  
  BOSTON (Reuters) - An activist investor said on Wednesday it is "inevitable" that Wells Fargo & Co will face critical shareholder resolutions after the giant bank agreed to a $190 million settlement with regulators over fake consumer accounts.
  
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• Diego the loverboy tortoise saved his species by having lots of sex

  14-09-2016 21:10 via cnet.com
  
  Big daddy! He's over 100 years old, but Diego the Galapagos giant tortoise is believed to have fathered 40 percent of his species.
  
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• Galaxy Note 7 Owners Not Worried About Exploding Batteries, Continue Using Recalled Smartphones

  14-09-2016 21:07 via ibtimes.com
  
  Galaxy Note 7 owners are holding on to their smartphones despite the safety warnings issued in the wake of Samsung’s global recall, according to data from Apteligent, published Wednesday on ZDNet. 
  
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• Dashcam shows fatal Tesla Model S crash in China

  14-09-2016 21:04 via cnet.com
  
  The crash took place in January and reportedly may have involved the car's Autopilot feature.
  
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• Amazon Echo Dot se viste de blanco; cuesta ahora sólo US$50

  14-09-2016 21:01 via cnet.com
  
  La gigante de comercio electrónico lanzará el 20 de octubre la segunda generación del dispositivo que puede hacer cualquier bocina en tu hogar más inteligente.
  
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• YouTube Music Europe Payment Update 2016: Copyright Infringement Concerns May Prompt Bigger Pay Day For Artists

  14-09-2016 20:59 via ibtimes.com
  
  In the era of live streaming and free music via the internet, the music industry has continuously castigated video sharing sites like YouTube for not paying enough for the music content it provides.
  
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• Google overhauls Fiber TV with new look, ratings and recommendations

  14-09-2016 20:56 via cnet.com
  
  The major interface update will be pushed to existing devices in coming weeks.
  
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• Ford sees 'substantial headwinds' from 2017 commodity costs

  14-09-2016 20:52 via news.yahoo.com
  
  DETROIT (Reuters) - Ford Motor Co
  
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• Nintendo NX Reveal, News Coming 'Very Soon?' Rumors Have Fans Eying TGS 2016 Event

  14-09-2016 20:47 via ibtimes.com
  
  Nintendo NX discussion hit its apex this week as controversy during GameStop Expo trolled a possible reveal. In light of that disappointment, recent rumors point toward news “very soon.” TGS 2016 could be the next major event to watch.
  
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• JoJo Fletcher-Jordan Rodgers Wedding: ‘The Bachelorette’ Couple Dish On Breakup Rumors, Guest List Plans

  14-09-2016 20:44 via ibtimes.com
  
  JoJo Rodgers and Jordan Fletcher are basking in premarital bliss in the weeks since Season 21 of “The Bachelorette,” despite rumors swirling about the status of their relationship.
  
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• Why investment firms and data breaches are an especially bad combination

  14-09-2016 20:43 via techrepublic.com
  
  An investment firm's servers are full of sensitive data. The bad guys know it, and so does the SEC, along with a host of other regulatory bodies. Read lawyers' tips on avoiding data breaches.
  
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• Pimco says Bill Gross leaked bonus data, shows bad faith

  14-09-2016 20:40 via news.yahoo.com
  
  (Reuters) - Pacific Investment Management Co accused former star bond fund manager Bill Gross of leaking confidential bonus data to an outside columnist, and exercising "bad faith" by withholding materials it is entitled to see as it defends against his $200 million lawsuit.
  
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• Fed jitters and oil pressure Wall Street; Apple rallies

  14-09-2016 20:39 via news.yahoo.com
  
  (Reuters) - Wall Street edged lower on Wednesday as investors focused on future interest rate hikes and as cheaper oil dragged down energy shares, although Apple surged to its highest level this year.
  
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• ‘Don’t Be Tardy’ Season 5: Where To Follow Kim Zolciak Biermann & Family On Instagram & More

  14-09-2016 20:32 via ibtimes.com
  
  The Zolciak-Biermanns are giving the Duggars a run for their money! On Wednesday, the family’s Bravo series “Don’t Be Tardy” will return for Season 5, but it’s likely fans of the reality clan will want to catch up the stars off-screen, too.
  
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• Kid Cudi Slams Drake And Kanye West In Twitter Rant, Says ‘I’m Your Threat’

  14-09-2016 20:23 via ibtimes.com
  
  Rapper Kid Cudi is fed up. Cudi took to Twitter on Wednesday afternoon to call out the “haters within the industry” and said “the days of f---ery are over.” While giving praise to artists who have been by his side such as A$AP Rocky, Travis Scott and Hit Boy, the rapper called out artists who talk about being “top 5” while having “30 people write songs for them.”
  
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• Apple CEO Tim Cook Stands By iPhone 7, Insists Headphone Jack Was Removed For ‘More Important Things’

  14-09-2016 20:23 via ibtimes.com
  
  Tim Cook did an interview with “Good Morning America” recently that was aired early Wednesday, and in the conversation, the Apple CEO did not miss a chance to address the company’s widely criticized move to ditch the iPhone 7's headphone jack. 
  
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• Mitsubishi GT-PHEV concept could presage its next-gen SUVs

  14-09-2016 20:21 via cnet.com
  
  It'll appear in the flesh(?) at the Paris Motor Show this month.
  
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