Wells Fargo to Pay $1B to Settle Customer Abuse Charges

VOA American banking giant Wells Fargo has agreed to pay federal regulators $1 billion to settle charges that it failed to identify and avert problems related to its mortgage and auto lending operations. The bank has admitted it sold unwanted or unnecessary
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Trump’s China Tariffs Explained

By ShareAmerica Under President Trump’s leadership, the United States is committed to rebalancing the U.S.-China trade relationship to achieve more fair and reciprocal trade. On March 22, President Trump directed his administration to take actions to address China’s forced technology transfers, discriminatory licensing restrictions, state-directed acquisition of U.S. sensitive technology, and (more...)

This Coffee is Certified ‘Female’

By Emily Louise Bowman First, Americans just drank plain old coffee. Then they got a taste for strong, espresso-based drinks at Starbucks and other cafes and began buying premium beans to brew at home. Alyza Bohbot, owner of City Girl Coffee, (more...)

Philadelphia: Progress on Boosting Collections and Curbing Tax Delinquency.

Department of Revenue announced several milestones in its effort to boost collections and curb tax delinquency in Philadelphia. Among the key signs of progress are that collections for the General Fund exceeded estimates for FY17 by over $10 million, and that strong Wage, Earnings, Net Profits, and Liquor Tax collections drove (more...)

Trump Signs Off on US Metals Tariffs, Exempts Canada and Mexico

U.S. President Donald Trump on Thursday signed companion proclamations slapping 25 percent tariffs on steel coming into the country and 10 percent tariffs on imported aluminum. The across-the-board taxes are to go into effect in 15 days. Amid fears that his action would ignite a trade war, Trump declared the dumping of (more...)

Austrian Auto Parts Firm Finds Home In Georgia

By Christopher Connell ShareAmerica When the Austrian specialty steel company Voestalpine AG looked for the right place in the United States to assemble parts for premium automobile manufacturers, the South seemed perfect. “We followed our customers,” says Peter Schwab, a Voestalpine management board member and head of its metal forming division. The company’s (more...)

US Tax Overhaul Clears House, Senate Prepares to Vote

A U.S. tax overhaul passed in the House of Representatives on Tuesday, setting the stage for a final Senate vote expected to give President Donald Trump his first major legislative victory and trigger far-reaching consequences for the U.S. and global economy. The Tax Cuts and Jobs Act was approved 227 (more...)

U.S. Manufacturing Grows at Record Level

By ShareAmerica American manufacturing is growing at its fastest pace in more than a decade. And Rochelle White is one of the reasons that trend is expected to continue. White, 28, of Chicago, represents the next generation of American workers getting groomed for advanced manufacturing jobs. She is in the final phase (more...)

Dry Weekend Draws US Shoppers Even as Online Sales Boom

VOA The driest Thanksgiving weekend in five years may have helped holiday shopping, despite an overall decline in foot traffic. But some shoppers just took notes in the hopes of finding an even better deal online. That's a consequence of Amazon continuing to squeeze prices, exacerbating the “showrooming” practice of people getting (more...)

Philly: New Home for Amazon

  Mayor Kenney spoke at a gathering hosted by the Chamber of Commerce for Greater Philadelphia and thanked the diverse coalition that made the Philadelphia region’s bid for Amazon HQ2 possible. In a little over a month, a large, varied group of Philadelphia-area residents and leaders rallied to support this bid, which showcases the (more...)

Flipping Houses — It’s Not Like TV

Flipping a house can seem like a walk in the park when it's wrapped into a few montages during a half-hour TV segment. Find

run-down property. Buy it. Take out a few walls, paint,

(more...)

Philadelphia Land Bank Board Approves 2017 Strategic Plan

The Philadelphia Land Bank Board has approved the Land Bank’s 2017 Strategic Plan. The 2017 Strategic Plan will be submitted to City Council this week for its consideration.  The Strategic Plan analyzes market conditions and resident needs and identifies opportunities where publicly owned land can support housing, green space and (more...)

When Can Older Americans Expect to Retire? Maybe Never

VOA

Dora Mekouar
Both of the leading presidential candidates, Hillary Clinton, 68, and Donald Trump, 69, are pushing 70, an age when most Americans traditionally contemplate retirement, rather than seek one of the world’s most stressful and demanding jobs. But Clinton and Trump could be on to something. More than half (more...)

10 Tips for Becoming a Knowledgeable Renter 

By Nathaniel Sillin On the hunt for a new apartment? A move can be an exciting opportunity to explore a new area or meet new people. However, competitive rental markets can make it difficult to find a desirable place on a budget. Keep these ten tips in mind to manage the process (more...)

Startups in a New Ukraine: How IT-sphere Helps to Restart the Economy

The demand for Ukrainian startups on the global market is growing annually. Despite the continuing financial crisis, the IT-sphere shows positive results, especially in the sector that is focused on foreign users. The buyers for such projects are often large companies from the US and Europe. These days startup investments are (more...)

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