Business

Business

Black employees of BLT Prime, in Trump Hotel, allege racial discrimination

(c) 2017, The Washington Post. WASHINGTON - Dominique Hill and Irving Smith Jr. had good jobs. Last year, Hill worked as a bartender at P.F. Chang’s in Tysons Corner (Virginia) and Smith had recently been promoted to bartender at Wildfire grill, also in Tysons. Each had more than a decade of...


Business

GOP report accuses watchdog of going easy on Wells Fargo

NEW YORK (AP) — The Consumer Financial Protection Bureau could have fined Wells Fargo in excess of $10 billion for its illegal sales practices but instead settled for $100 million, according to the agency’s internal documents released by Congressional Republicans this week. The CFPB also had...


Business

Apple Watch's problem with Internet connection will be fixed, company says

(c) 2017, The Washington Post. The main selling point of Apple’s new version of its Watch is that the device can connect independently to cellular networks, making it possible to place calls or run navigation on its own without being tethered to the iPhone. But Apple on Wednesday acknowledged that...


Business

Your Social Security number may not be secure. But how could we replace it?

(c) 2017, The Washington Post. They’re supposed to be the nine most closely guarded numbers in your life. But with an ever-growing number of companies asking for Social Security numbers - and then hit by cyber breaches exposing them - experts say the Social Security number is clearly a flawed way...


Business

Financial Markets Glance

Dow Jones Industrials High: 22,413.26 Low: 22,314.68 Close: 22,412.59 Change: +41.79 Other Indexes Standard&Poors 500 Index: 2508.24 +1.59 NYSE Index: 12,147.51 +15.78 Nasdaq Composite Index: 6456.04 —5.28 NYSE Amer Composite: 2607.55 —6.43 Russell 2000 Index: 1445.42 +5.02 Wilshire 5000 TotalMkt:...


Business

Nest Labs adds doorbell that can recognize familiar faces

SAN FRANCISCO (AP) — Home device maker Nest Labs is adding Google’s facial recognition technology to a camera-equipped doorbell and rolling out a security system in an attempt to end its history of losses. The products announced Wednesday expand upon the internet-connected thermostats, smoke...


Business

BC-ID--Intermountain Grain & Livestock, ID

POCATELLO, Idaho (AP) — Idaho Farm Bureau Intermountain Grain and Livestock Report Wednesday, September 20, 2017. Bids subject to change. BLACKFOOT __ soft white 3.65, up 5; hard red winter 4.45, up 5; DNS 5.65, up 5; hard white 4.45, up 5; BURLEY __ soft white 3.74, down 4; hard red winter 3.75,...


Business

Dollar climbs, bonds slide as Fed sees 2017 hike

(c) 2017, Bloomberg. Treasuries tumbled while the dollar surged after the Federal Reserve struck a more hawkish tone than markets anticipated. U.S. stocks were little changed. Bloomberg’s dollar index rose after the central bank set an October start for shrinking its balance sheet and maintained a...


Business

As Trump moves to remake government, IT contractors jockey for position

(c) 2017, The Washington Post. Technology services firm ManTech International moved this week to extend its reach into the federal government, announcing a $180 million to buy Bethesda-based IT firm InfoZen. InfoZen specializes in the work of moving traditional computer systems to the cloud,...


Business

In sign of U.S. economy's strength, Fed to start reducing $4.5 trillion balance sheet

(c) 2017, The Washington Post. The Federal Reserve said Wednesday that the U.S. economy is strong enough for the central bank to begin reducing its $4.5 trillion balance sheet in October, gradually unwinding a massive stimulus program started after the economy entered a severe recession nearly a...


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