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29 Jul 2014 - United States
BUENOS AIRES
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Malnourished Herbalife stock drops 11 percent

New York Post - 29 Jul 2014 06:45
Malnourished Herbalife stockHerbalife antagonist Bill Ackman must be smiling. The nutritional supplements company he has bet $1 billion is a fraud broke Wall Street hearts Monday for the first time in more...
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Lloyds pays $370M fine toLloyds got licked. UK-based Lloyds Banking Group paid $370 million in fines to US and British prosecutors to settle allegations it committed wire fraud in rigging interest rates. The penalty...
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A third of Americans delinquent on debt

USA Today - 29 Jul 2014 06:06
A third of AmericansSouthern states have highest concentration of people with debt in collections.          
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Dollar Tree buys rival FamilyDollar Tree is buying rival discounter Family Dollar. The $8.5 billion deal will give Dollar Tree more than 13,000 stores in the U.S. and Canada.          
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4 Reasons the Poorest 4The base of the pyramid (BoP) is the foundation upon which our global economy is built. But today it is weak. Current market practices and inefficiencies have left the 4 billion people at the BoP... earning less than $10 per day without access to stable jobs, safe housing, formal education, public utilities, and other essential goods and services. This weakness threatens the structure and durability of our entire global economy, not to mention its growth. It doesn’t have to be this way. In fact, the BoP holds tremendous promise for spurring innovation, increasing productivity, cultivating new consumer markets, and ultimately helping to eradicate poverty, while securing our collective prosperity.
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DealBook: Banks Cash In onWall Street banks are estimated to have collected, or will soon collect, nearly $1 billion in fees over the last three years advising and persuading American companies to move the address of their... headquarters abroad.
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Employer health insuranceWhen President Obama signed the Affordable Care Act, its requirement that large employers provide health coverage or pay a penalty seemed to many supporters a key pillar of the effort to guarantee... health coverage to Americans.
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Warren Buffett as Market Manipulator -- Impossible?

The Huffington Post - 29 Jul 2014 03:33
Warren Buffett as MarketWarren Buffett the very icon and dean of the America's trust in the stock market and our economic process whose example has been a beacon of achievement and trust in the system. Is it possible that... even Warren Buffett has clay feet, stooping to the very actions whose cynicism and manipulative enterprise has made many so wary of a structure that rewards the few at the cost of the many? I don't know, but an extraordinary set of circumstances have come to pass in the past few days of stark stock trading, coincidences that cannot but leave one wondering whether willful manipulation was at play. Buffett is sitting on a gain today from his investment in The Dow Chemical Company (NYSE: DOW) when he came in with $3 billion to assist Dow to acquire Rohm & Haas for $18.8 billion in 2009. He...
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Russia tests a new type of intermediate-range missile, prompting President Barack Obama to send a letter of protest to his counterpart Vladimir Putin.
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Home prices are falling across China, but there is one exception: those in coveted school districts. So while property values sag in most major cities, prices for so-called "school-district housing"... is going in the opposite direction -- drastically.
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Israel's leaders say they are escalating the military campaign in Gaza and tell the country to prepare for a prolonged operation, defying international demands for an immediate cease-fire after Hamas... militants break a Muslim holiday lull.
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BAGHDAD (AP) -- Residents of Mosul have watched helplessly as extremists ruling the northern Iraqi city blew up some of their most beloved landmarks and shrines to impose a stark vision of Islam. Next... up for destruction, they feared: the Crooked Minaret, a more than 840-year-old tower that leans like Italy's Tower of Pisa. But over the weekend, residents pushed back. When fighters from the Islamic State group loaded with heavy explosives converged on the site, Mosulis living nearby rushed to the courtyard below the minaret, sat on the ground and linked arms to form a human chain to protect it, two residents who witnessed the event told The Associated Press on Monday.
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Samsung Electronics says it will postpone sales in Russia of a smartphone running a homegrown operating system called Tizen, dealing a fresh setback to the Korean smartphone maker's efforts to carve... out a niche for itself in mobile software and services.
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Pro-Russia rebels in eastern Ukraine see some of their worst battlefield setbacks in weeks as the West agrees on tougher sanctions aimed at forcing Moscow to cut support for the militias -- posing... fresh challenges on two fronts for Russian President Vladimir Putin.
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Fuyao Glass Industry Group, a big China automobile and industrial glass maker that has been stepping up its investments in the U.S. of late,  has reported a double-digit increase in second-quarter... profit.  
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More than a third of Americans reported to collection agencies for unpaid bills and debts
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About 77 million Americans have a debt in collections, a new report finds. That amounts to 35 percent of consumers with credit files or data reported to a major credit bureau, according to the study... released Tuesday by the Urban Institute and Encore Capital Group's Consumer Credit Research Institute. "It's a stunning number," said Caroline Ratcliffe, senior fellow at the Urban Institute and author of the report. "And it threads through nearly all communities."
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Rhapsody teams with T-MobileReal Networks-backed Rhapsody, as it surpasses the 2 million-paid-subscriber mark, is planning an aggressive marketing push with T-Mobile that includes an all-you-can-eat, advertising-free music... service for $3.99 a month, The...
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BUENOS AIRES/NEW YORK
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MOSCOW/LONDON/AMSTERDAM
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(Reuters) - Panasonic Corp plans to initially invest about 20 billion to 30 billion yen ($200-300 million) in Tesla Motors Inc's planned lithium-ion battery plant in the United States, a person... familiar with the matter said on Tuesday.
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Samsung Z launch postponedSamsung has shelved its plans to compete against Android as it struggles to generate developer support for its Tizen OS. The smartphone's future is now in doubt.
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Payments Puzzle Persists at Banks

Wall Street Journal - 29 Jul 2014 05:28
Hundreds of small and regional banks are clinging to a practice that can cause consumers to incur multiple overdraft fees in the same day.
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Joy Ogwu on terror in Nigeria

CNN - 29 Jul 2014 05:21
Nigeria's representative to the UN speaks on the 100-day anniversary of schoolgirls being kidnapped by Boko Haram.
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