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NBC News Business

NBC News Business

Last Build Date: Fri, 28 Apr 2017 14:23:00 GMT

Copyright: © 2017

Wells Fargo Scam Targeted Undocumented Immigrants, Lawsuit Claims

Fri, 28 Apr 2017 02:01:25 GMT

Employees were instructed to "round up" undocumented day laborers and coax them into opening bank accounts. A bank spokesperson denied it.People pass by Wells Fargo ATM machines in New York on April 7, 2017.People pass by Wells Fargo ATM machines in New York on April 7, 2017.

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NAFTA Whiplash Could Hurt American Economic Interests

Fri, 28 Apr 2017 14:23:00 GMT

Trade policy experts say President Trump's recent about-face on NAFTA could leave the United States in a position of political and economic weakness.U.S. President Donald Trump (R) listens to Canadian Prime Minister Justin Trudeau during a joint news conference at the White House in Washington, U.S., February 13, 2017. REUTERS/Carlos Barria

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Economy Grew at Its Slowest Pace for Three Years

Fri, 28 Apr 2017 13:29:17 GMT

The U.S. economy grew at its weakest pace in three years in the first quarter as consumer spending barely increased.People walk past the Apple Store at the Los Cerreitos Center mall in Cerritos, California. REUTERS/Bret Hartman

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Is Fiat Chrysler About to Sell Off Jeep and Ram?

Fri, 28 Apr 2017 11:26:00 GMT

Did Fiat Chrysler's CEO just say he's about to sell off the company's iconic Jeep and Ram brands?Dodge Ram logo is pictured during the 2013 Los Angeles Auto Show in Los Angeles, California November 20, 2013. REUTERS/Lucy NicholsonThe 2014 Jeep Grand Cherokee revised design is introduced at the 2013 North American International Auto Show in Detroit, Michigan.Dodge Ram logo is pictured during the 2013 Los Angeles Auto Show in Los Angeles, California November 20, 2013. REUTERS/Lucy Nicholson

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Senate Confirms Alex Acosta as Trump's Secretary of Labor

Fri, 28 Apr 2017 03:23:00 GMT

The Senate on Thursday confirmed Alex Acosta as labor secretary, filling out President Trump's Cabinet as the only Latino.Labor secretary-designate Alex Acosta testifies on Capitol Hill in Washington, Wednesday, March 22, 2017, at his confirmation before the Senate Health, Education, Labor and Pensions Committee.Labor secretary-designate Alex Acosta testifies on Capitol Hill in Washington on March 22.

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Uber's Self-Driving Car Boss Taking Back Seat

Thu, 27 Apr 2017 23:05:00 GMT

Anthony Levandowski is recusing himself from some of his responsibilities as Uber remains locked in a legal battle with his former employer, Waymo.Buildings are reflected in a window of an office of the taxi mobile app service Uber.Buildings are reflected in a window of an office of the taxi mobile app service Uber.

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David Dao and United Airlines Reach 'Amicable' Settlement

Thu, 27 Apr 2017 22:56:00 GMT

David Dao has reached a settlement with United Airlines after a weeks-long public relations nightmare for the company, lawyers said Thursday. Attorney Thomas Demetrio offered praise for United CEO Oscar Munoz, saying: "Mr. Munoz said he was going to do the right thing, and he has."Passenger David Dao is dragged out of a United Airlines plane at O'Hare International Airport in Chicago on Monday, April 10, 2017.

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Airline Industry Experts Praise United's Policy Changes

Thu, 27 Apr 2017 21:57:00 GMT

Industry insiders are praising United Airlines policy changes after the airline laid out its 10-point plan to address the passenger dragging incident.Chief Executive Officer of United Airlines Oscar Munoz speaks in New York in 2016.

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After VW's Record $2.8B Fine, Mercedes-Benz Could Be Next

Thu, 27 Apr 2017 12:02:00 GMT

Daimler AG is finding itself in the crosshairs and wondering whether it could be the next target in a crackdown on diesel emissions scams.The logo of Mercedes-Benz is pictured on a car prior to the Daimler annual shareholder meeting in Berlin, Germany, April 6, 2016.

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United CEO Blames Dragging Fiasco on 'System Failure'

Thu, 27 Apr 2017 11:57:00 GMT

United also promised to reduce overbooking, improve training and offer up to $10,000 for customers willing to volunteer to take a later flight.Lester Holt talks with United's Oscar Munoz

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White House: Trump Says U.S. Will Not Withdraw From NAFTA

Thu, 27 Apr 2017 11:20:23 GMT

Trump told the leaders of Mexico and Canada in a call that the United States will not pull out of NAFTA, hours after hints he may do just that.Commercial trucks line up on the Ambassador bridge crossing over to Detroit, Michigan from Windsor, Ontario, Canada on Sept. 12, 2013.

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Here Are the Changes United Will Make to Be More 'Customer Focused'

Thu, 27 Apr 2017 10:58:00 GMT

In response to the 'passenger-drag' incident that created global outcry, United promises 10 changes and a renewed focus on its customers.Passengers arrive for flights at the United Airlines terminal at O'Hare International Airport in Chicago on April 12, 2017.

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Seven Takeaways From the White House's 'Massive' Tax Plan

Thu, 27 Apr 2017 00:52:00 GMT

The White House unveiled its principles for tax reform on Wednesday. Here are seven takeawaysSecretary of the Treasury Steven Mnuchin takes questions as he discusses the Trump administration's tax reform proposal in the White House briefing room in Washington on April 26, 2017.U.S. Treasury Secretary Steven Mnuchin speaks about the administration's tax reform plan during The Hill's Newsmaker Series at the Newseum in Washington on April 26.

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Econ Chief Details Simplified Tax Code, Including Condensed Tax Brackets

Wed, 26 Apr 2017 19:44:49 GMT

National Economic Council Director Gary Cohn announces plans to reduce the number of tax brackets from seven to three, a doubling of the standard dedu

White House Unveils 'Biggest Tax Cut' in History

Wed, 26 Apr 2017 19:34:00 GMT

Treasury Secretary Steven Mnuchin on Wednesday called the forthcoming Trump administration tax reform plan "the biggest tax cut" in history.Treasury Secretary Steven Mnuchin, joined by National Economic Director Gary Cohn, speaks in the briefing room of the White House in Washington on April 26, 2017. President Donald Trump is proposing dramatically reducing the taxes paid by corporations big and small in an overhaul his administration says will spur economic growth and bring jobs and prosperity to the middle class.

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Palantir Settles Lawsuit Charging Hiring Bias Against Asians

Wed, 26 Apr 2017 19:13:22 GMT

Palantir has agreed to pay nearly $1.7 million to resolve charges it discriminated against Asian applicants for engineering jobs.Peter Thiel, co-founder of PayPal Inc., stands on stage before the start of the Republican National Convention (RNC) in Cleveland, Ohio, U.S., on Tuesday, July 19, 2016.Peter Thiel, chairman of Palantir's board of directors.

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Here's What We Know About Those Tax Cuts

Wed, 26 Apr 2017 18:05:00 GMT

President Donald Trump has proposed the biggest tax cut in history, slicing the corporate tax rate from 35 percent to just 15 percent.WASHINGTON, D.C. - APRIL 25: (AFP-OUT) US President Donald Trump arrives to sign the Executive Order Promoting Agriculture and Rural Prosperity in America during a roundtable with farmers in the Roosevelt Room of the White House on April 25, 2017 in Washington, DC. (Photo by Olivier Douliery-Pool/Getty Images)

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For $425, You Can Have Your Own Designer Pair of Mud-Covered Jeans

Wed, 26 Apr 2017 12:30:00 GMT

Nordstrom calls the $425 jeans true "Americana workwear that's seen some hard-working action."Nordstrom is selling muddy jeans for $425, calling them "Americana workwear that's seen some hard-working action."

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Twitter Finally Had a Growth Spurt; Shares Soar 10 Percent

Wed, 26 Apr 2017 11:59:00 GMT

In a surprise after several quarters of disappointing results, Twitter on Wednesday reported better-than-expected earnings and revenue.Square CEO Jack Dorsey is interviewed on the floor of the New York Stock Exchange on Nov. 19, 2015.

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Guess Which Big Airline Scored Lowest in the Satisfaction Survey — Again?

Wed, 26 Apr 2017 11:21:00 GMT

United was the lowest rated of the nation's big three airlines again this year, even though its satisfaction score increased by three percent.A United Airlines Boeing 787 taxis as a United Airlines Boeing 767 lands at San Francisco International Airport, San Francisco, California, on Feb. 7, 2015.

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United Airlines' Latest PR Crisis: The Death of a 3-Foot Rabbit Called Simon

Wed, 26 Apr 2017 10:17:00 GMT

Three-foot long Simon, who was expected to outgrow his father to become the world's largest bunny, died between London and Chicago O'Hare.A United Airlines Boeing 787.Simon was found dead at O'Hare airport.Breeder Annette Edwards holds Darius, father of Simon, in 2015.How British tabloid The Sun reported Simon's demise.

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Lawsuit Filed Against Fox News Alleges Racial Discrimination

Wed, 26 Apr 2017 02:51:00 GMT

The suit expands on a suit brought by three former employees. Fox vehemently denies the allegations and called the new claims "copycat complaints."A pedestrian walks past the News Corp. headquarters building in New York displaying posters featuring Fox News Channel personalities including Bill O'Reilly, right, on Wednesday, April 19, 2017.

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Trump Blames Canada in Latest Trade Tiff

Wed, 26 Apr 2017 00:46:00 GMT

President Trump blames Canada in latest trade tiff — slapping a roughly 20 percent tariff on softwood lumber entering the United States from Canada.President Donald Trump and Canadian Prime Minister Justin Trudeau walks off at the conclusion of a joint news conference in the East Room of the White House in Washington on Feb. 13, 2017.President Donald Trump and Canadian Prime Minister Justin Trudeau walks off at the conclusion of a joint news conference in the East Room of the White House in Washington on Feb. 13, 2017.

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'Just Kill Me': Police Detail Doctor's Removal From United Flight

Tue, 25 Apr 2017 23:36:39 GMT

Four Chicago Aviation Police officers have been placed on leave since the incident April 9, which was recorded on video that rapidly went viral.David Dao being dragged off a United Airlines flight at O'Hare International Airport in viral video recorded April 9.

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Uber Is Planning a Fleet of Flying Taxi Cabs by 2020

Tue, 25 Apr 2017 19:26:00 GMT

Flying cars have long been the stuff of science fiction, but Uber is just one of a number of companies developing flying taxi services.An Uber Elevate cab approaches Dubai.An Uber Elevate flying taxi cab approaches Dallas.

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