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 CHICK-FIL-A, CRACKER BARREL TOPS IN CUSTOMER SATISFACTION
Pittsburgh Post-Gazette, June 24, 2016 Friday

 Americans' love affair with fast food continues. What are known as limited-service restaurants saw a 2.6 percent increase in overall customer satisfaction from 2015 to 2016, according to the American Customer Satisfaction Index.
 VW to spend $10 billion to settle claims; Sources: Deal compensates for cheating software
Chicago Tribune, June 24, 2016 Friday

 Volkswagen has agreed to take a series of steps costing about $10.2 billion to settle claims from its unprecedented diesel emissions cheating scandal in the U.S., two people briefed on the matter said Thursday.
 GE is getting personal (about medicine); Aims to be a big player in equipment to make custom therapies
The Boston Globe, June 24, 2016 Friday

 A lab for research and development, customer training, and process development at GE Healthcare Life Sciences in Marlborough. MARLBOROUGH — In the coming era of precision health care, General Electric Co. wants to supply the equipment that makes your personalized medicines. Individual bioreactors the size of laser printers, used to mix the cell therapies that will help patients fend off cancers and other diseases in the future, were among the attractions GE Healthcare executives showed visitors...
 Google Fiber buys Webpass wireless; Purchase signals expansion of high-speed Internet service
The Boston Globe, June 24, 2016 Friday

 A technician installed Google Fiber services in Kansas City, Mo. So what's Google up to in Boston now? The Internet giant made a curious move Wednesday. Its Google Fiber unit bought a small company that provides high-speed Internet service in Boston and several other large US cities.
 Bank of America to pay $415m in SEC case
The Boston Globe, June 24, 2016 Friday

 NEW YORK — The Securities and Exchange Commission will examine the brokerage industry for potential violations in the way companies handle customer cash after the regulator reached a $415 million settlement with Bank of America. The SEC found the bank's Merrill Lynch to have misused billions of dollars of client money to finance its own trades. The settlement, announced Thursday along with an unrelated $10 million disclosure violation, is the second-largest against a Wall Street company after...
 Credit Suisse Tries to Overhaul Its Image, but Problems Remain
The New York Times, June 24, 2016 Friday

 Wall Street's efforts to overhaul its culture since the 2008 financial crisis that nearly bankrupted the world's economy have not been a resounding success, despite calls by prominent regulators to stop rewarding bad behavior. William C. Dudley, the president of the Federal Reserve Bank of New York and one of Wall Street's most important overseers, has twice held closed-door sessions at the bank, located in downtown Manhattan, to urge top banking executives to overhaul the behavior inside their...
 When Automobile Designers Get Too Clever With the Gearshift
The New York Times, June 24, 2016 Friday

 IF you are among the multitudes of drivers recently baffled by an encounter with the basic controls of a new car, you're in good company. That sometimes-confused cohort would include people like myself, whose livelihoods as automotive journalists depend on knowing about the latest models in showrooms. The confusion caused by fancy new, not always intuitive, features and functions has made headlines in recent days, on news that the vagaries of selecting the transmission's park position may have...
 Fiat Chrysler Gearshift Issue Affects Some Maseratis
The New York Times, June 24, 2016 Friday

 Confusing gearshifts are a growing problem for Fiat Chrysler. The company's Maserati unit said on Thursday that it would recall more than 13,000 cars because of the same rollaway danger that set off the recall of 1.1 million Jeep and Chrysler models. A confusing electronic gearshift in those cars could mislead the driver into thinking the vehicle was safely in park.
 Macy's Chief Will Step Down in '17, to Be Succeeded by Its President
The New York Times, June 24, 2016 Friday

 Macy's longtime chief executive, Terry J. Lundgren, will step down next year, the company announced on Thursday, as the retailer grapples with sagging sales and broader changes in the ways people shop. Jeff Gennette, 55, who is the company's president, will take the top spot, while Mr. Lundgren will stay as executive chairman.   ''I have been honored to lead this enterprise through a period of unprecedented reinvention,'' Mr. Lundgren said in a statement. ''While our company is larger,...
 Bank of America Settles S.E.C. Inquiry for $415 Million
The New York Times, June 24, 2016 Friday

 The Securities and Exchange Commission will examine the brokerage industry for potential violations in the way companies handle customer cash after the regulator reached a $415 million settlement with Bank of America. The S.E.C. found the bank's Merrill Lynch to have misused billions of dollars of client money to finance its own trades. The settlement, announced on Thursday along with an unrelated $10 million disclosure violation, is the second-largest against a Wall Street company after...
 Goldman Sachs Uses Video to Cast Wider Net for Young Bankers
The New York Times, June 24, 2016 Friday

 To stem attrition, Goldman Sachs has given its young workers more time off, higher salaries and less busy work. Now the firm is focused on finding analysts better suited to the demands of banking.
 Cerberus Offers to Buy G.E.'s French Consumer Finance Business
The New York Times, June 24, 2016 Friday

 LONDON -- General Electric said on Thursday that it had received a binding offer from an affiliate of the private equity firm Cerberus Capital Management for its French consumer finance business.
 Bank of America Merrill Lynch Hires Chief of European Mergers
The New York Times, June 24, 2016 Friday

 LONDON -- Bank of America Merrill Lynch has hired a former executive at the investment banking firm Greenhill & Company as head of its mergers and acquisitions business for Europe, the Middle East and Africa.
 BUSINESS BEAT; CEO quits amid financial woes at SunEdison
Los Angeles Times, June 24, 2016 Friday

 After months of turmoil at SunEdison Inc., during which the big developer of renewable energy projects, once a Wall Street darling, plunged into bankruptcy, Chief Executive Ahmad Chatila has resigned.
 BUSINESS BEAT; Largest banks all pass 'stress tests'
Los Angeles Times, June 24, 2016 Friday

 The U.S.' largest financial institutions have enough armor to withstand the turmoil of a major and prolonged U.S. and global recession, the Federal Reserve said Thursday.
 TECHNOLOGY; Hertz to offer rentals to Uber drivers
Los Angeles Times, June 24, 2016 Friday

 Uber Technologies partnered this week with Hertz, one of the world's largest car rental companies, to offer short-term auto rentals to ride-hailing drivers -- a move intended to court new drivers and keep current ones on the road.
 More fast food goes 'natural' to lure Millennials; Health-conscious young men turn the tables on marketers
USA TODAY, June 23, 2016 Thursday

 After years of serving meals quick and cheap, fast-food chains are having to turn to a new tactic in hopes of luring Millennial customers: going natural. The latest example came Wednesday as Hardee's and Carl's Jr. announced chicken breasts for its sandwiches that are "natural" because they don't have any artificial preservatives or additives. The dual chain, operated by CKE Restaurants Holdings, already has natural turkey burgers and a line of all-natural hamburgers.
 Why the energy industry isn't going nuclear; More reactors falling victim to a changing market that prefers natural gas and renew- able energy
USA TODAY, June 23, 2016 Thursday

 The CEO of the biggest electric utility in the U.S. gave a wide-ranging talk the other day on a transformation taking place in her industry, as power providers move increasingly to cleaner forms of generation. But one topic was missing as Duke Energy's Lynn Good delivered her formal remarks at an energy conference in Washington: nuclear energy. Only after she finished her 20-minute presentation and took a question from the audience on nuclear energy did she acknowledge the importance of...
 Investors skeptical of Tesla's SolarCity overtures; CEO Musk calls deal a 'no-brainer' for one-stop shopping
USA TODAY, June 23, 2016 Thursday

 Elon Musk inhabits a world of declarative superlatives. On a call with investors Wednesday, Tesla's CEO called his company's $2.8billion offer for SolarCity a "no-brainer" that is "legally and morally correct," a "zero-doubt" move that "we should have done
 New IMAX screens soon may be headed to AMC theater near you
USA TODAY, June 23, 2016 Thursday

 Get your popcorn ready. AMC Theaters and IMAX on Wednesday said they would add 25 IMAX screens across the U.S. by 2019. The rollout, which will begin this year, will add additional IMAX theaters at AMC locations in New York, Los Angeles, Houston and other markets. The move will bring the total number of AMC's IMAX theaters to 185.
 Online Shareholders' Meetings Reduce Costs, and Interaction
The New York Times, June 1, 2016 Wednesday

 Not one shareholder showed up to Intel's shareholders' meeting last week. In person, at least. Instead, Intel's annual meeting was entirely virtual. There was no in-person gathering site, the questions were submitted in advance, and management and the board made all of their presentations online.   Virtual meetings are a growing phenomenon, but although technologically feasible, they are a bad idea.  In 2015, 90 companies used this method with Broadridge, a big provider of virtual meeting...
 Mitsubishi Predicts Loss After Fuel Economy Fraud
The New York Times, June 23, 2016 Thursday

 TOKYO -- Mitsubishi Motors said Wednesday that it expected to incur a loss of 145 billion yen, or $1.39 billion, this year as it faces the fallout from a scandal over falsified fuel-economy ratings.
 Shares Fall on Energy and Tech Troubles
The New York Times, June 23, 2016 Thursday

 Stocks gave up some early gains to finish lower on Wednesday as energy companies sank with the price of oil and weak quarterly reports weighed down technology companies. After two days of closing higher, shares rose in the morning but couldn't hang on to the gains. Energy companies fell after energy stockpiles shrank by a smaller amount than analysts expected, and announcements from Adobe Systems and HP hurt tech stocks. Drug companies traded higher.
 Grand Cherokee Product Placement Becomes Awkward Situation for Fox
The New York Times, June 23, 2016 Thursday

 LOS ANGELES -- Hollywood product-placement deals are often wince-worthy. But the reason is usually not because of events beyond a studio's control. This week, 20th Century Fox has found itself in the awkward position of publicly linking arms with the Jeep Grand Cherokee, even as that sport utility vehicle brand received negative attention after the death of the actor Anton Yelchin. Fox and Jeep have an extensive marketing and product-placement deal for ''Independence Day: Resurgence,'' which...
 Amazon gives Kindle e-reader a makeover
The Kansas City Star, June 22, 2016 Wednesday

 Amazon.com's newest iteration of its Kindle e-reader device is thinner, lighter and the same price it was before.
    

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