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2018年5月30日 星期三

Banks get win with rule rollback | Facebook biometric data lawsuit | School shooting video game

The most complete business news and market update, delivered weekdays after the closing bell.

Chicago Tribune

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May 30, 2018

chicagotribune.com

BizWrap

Fed taking first step to scale back Volcker Rule limits on bank trading enacted after financial crisis

Wednesday, May 30

The Federal Reserve Board on Wednesday is expected to vote to loosen the financial-crisis era restrictions on bank trading of stocks and other investments as Republicans press forward with their deregulatory agenda.

Amid sagging sales and a sinking stock, FTD sees way forward in new HQ, tech investments

Flower and gifting business FTD aims to reinvent itself at a time when its sales are falling and its competition is rising. "This is not a company that's teetering," said CEO John Walden.

Miller Lite exec sees room for growth in flagging light beer industry — but no orange beer, please

Miller Lite is showing some signs of life amid the slow decline of American light lagers. Anup Shah aims to keep it growing.

Trial over Facebook lawsuit that could affect millions in Illinois postponed

Facebook said earlier this week that it would send out more than 28 million notifications to its users, explaining that they could be parties to the class-action lawsuit against the social network. Those notifications will no longer be dispatched.

Love your job? Top Workplaces deadline extended

The Chicago Tribune is seeking nominations for our annual Top Workplaces special report.

Walmart to offer employees a college education for $1 a day

Walmart is offering its employees a new perk: affordable access to a college degree.

School shooting video game removed online after backlash

A Seattle-area company has removed a school shooting video game off of its online platform following widespread backlash.

Birth control pill recall after placebos are mistakenly packaged

Allergan is voluntarily recalling packs of its birth control pills in the U.S. because of a packaging error with placebos, increasing the possibility of unintended pregnancy.

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