Meeting $12 Billion Cash Target Proves Tougher Than GE Expected – TheStreet.com

Updated from 6:42 a.m. on Friday, July 21. General Electric Co. (GE)  managed to allay some investor concern about cash generation in Jeffrey Immelt’s last full quarter as CEO, but its biggest test is still to come: The manufacturer has just six months to reach a target of at least $12 billion originally spread over the full [...]

FTC probing allegations of Amazon’s deceptive discounting – Reuters

WASHINGTON (Reuters) – As part of its review of Amazon’s agreement to buy Whole Foods, the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, according to a source close to the probe. The FTC is probing a complaint brought by the advocacy group Consumer Watchdog, which looked at [...]

AlphaBay and Hansa dark web markets shut down – BBC News

Image copyright US Department of Justice Image caption AlphaBay went offline earlier this month Two of the largest dark web marketplaces have been shut down following a “landmark” international law enforcement investigation. The AlphaBay and Hansa sites had been associated with the trade in illicit items such as drugs, weapons, malware and stolen data. According [...]

Mario Draghi of European Central Bank Walks a Monetary Policy Tightrope – New York Times

Sooner or later, the European Central Bank will begin tapering its purchases of government and corporate bonds, the so-called quantitative easing it has been using to drive down market interest rates. Mr. Draghi faces the difficult task of preparing markets for that day, without provoking an overreaction. On Thursday, the bank’s governing council left monetary [...]

Chipotle Says Virginia Store Reopening After Cleaning – New York Times

NEW YORK — Chipotle says a Virginia store that was temporarily closed because of a suspected case of norovirus will reopen Wednesday, after “multiple teams performed complete sanitizations of all surfaces.” The store outside Washington, D.C. closed Monday after Chipotle became aware of reports of illnesses. The chain said the reported symptoms were consistent with [...]

Scripps for Sale? Staying Small In Consolidating Media Industry Seems Tough – Variety

Each day, Scripps Networks-owned cable outlets like Food Network and Cooking Channel tell viewers how to make dishes like chicken cutlets with spicy arugula, root beer pulled pork or oxtail chili. Now, something different seems ripe for gobbling: the corporation itself. A potential acquisition of Scripps is being considered by both Discovery Communications and Viacom Inc., [...]

Goldman Sachs trading woes expose bank weakness – Financial Times

Goldman Sachs trading woes expose bank weakness Goldman Sachs trading woes expose bank weakness – Financial Times

As Paperwork Goes Missing, Private Student Loan Debts May Be Wiped Away – New York Times

Other large student lenders, like Sallie Mae, also pursue delinquent borrowers in court, but National Collegiate stands apart for its size and aggressiveness, borrowers’ lawyers say. Advertisement Continue reading the main story Lawsuits against borrowers who have fallen behind on their consumer loans are typically filed in state or local courts, where records are often [...]

Just Six Days After Trump Jr.’s Meeting, Guccifer 2.0 Emailed Me — But There Was One Key Difference – The Intercept

After 39 years of operating without an apparent conceptual understanding of “consequences,” this week Donald Trump Jr. tweeted out an email thread admitting to soliciting the help of the Russian government in order to damage Hillary Clinton and aid the family campaign. The emails are astounding for more than a few reasons, particularly because of [...]

Just Six Days After Trump Jr.’s Meeting, Guccifer 2.0 Emailed Me — But There Was One Key Difference – The Intercept

After 39 years of operating without an apparent conceptual understanding of “consequences,” this week Donald Trump Jr. tweeted out an email thread admitting to soliciting the help of the Russian government in order to damage Hillary Clinton and aid the family campaign. The emails are astounding for more than a few reasons, particularly because of [...]

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