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Business News

Location American Business News for 23 July 2014
Time For Another Apple Gadget: iTime Smartwatch's Launch Expected By Year End Yesterday, the U.S. Patent and Trademark Office granted Apple Inc. (AAPL) a patent for its much-awaited smartwatch called "iTime." The patent includes two versions of the same device.
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A Tree In India Is Bigger Than The Average Wal-Mart

Business Insider - 23 Jul 2014 22:01
A Tree In India Is Bigger Than The Average Wal-Mart It may sound hard to believe, but the world's widest tree, located near Kolkata, India, is bigger than the average Wal-Mart. The gigantic Banyan tree may look like a forest from far away, but it's actually comprised of ...
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E-commerce companies eye education market

livemint.com - 23 Jul 2014 19:56
E-commerce companies eye education market E-commerce firms offer online courses, coaching materials
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J.P. Morgan Chase is nearing a deal to sell half its stake in the portfolio of its buyout arm, One Equity Partners, as the bank pares down to focus on core businesses, The Wall Street Journal reports.
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WASHINGTON
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The 15 Wildest Things Google Chairman Eric Schmidt Has Ever Said Eric Schmidt is the former CEO of Google and currently serves as its chairman. He was originally brought in as the "adult supervision" for founders Sergey Brin and Larry Page, but, as one of the most vocal senior executi...
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Oracle Billionaire Larry Ellison Hosted A Celebrity-Packed Fundraiser For California Wildlife [PHOTOS] After Oracle CEO Larry Ellison bought the Hawaiian island of Lanai in 2012, he told reporters that he planned to turn the island into a model for sustainable living. On Sunday, July 20, he took a step closer to his missi...
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Two MIT Grads Founded A Startup That Almost Exclusively Employs People On The Autism Spectrum Mark Leslie is a capable computer programmer who speaks four languages, but until recently the latest entry on his résumé was a retail job he held for six years at a Barnes & Noble in New York City. Like many of the es...
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Mom Says Her Son Left A Wal-Mart Ice Cream Sandwich Outside For 12 Hours -- And It Didn't Melt A Cincinnati mother is concerned that the Wal-Mart ice cream sandwiches she bought for her family aren't melting in the summer heat. Christie Watson told local news station WCPO she was shocked upon finding a nearly inta...
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From Outliers To A Growing Force: What Do Women Entrepreneurs In The Middle East Need To Thrive? For many years in the Middle East, the harsh weather, the oil wealth, male dominance of the public space, as well as a traditional patriarchal society made it difficult—or unnecessary—for women to enter the business ...
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David Lam Awaits Payday from Private Equity Deal Private equity buzz.
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Hardware Startup LittleBits Embraces the Internet of Things Now, tinkerers can build snap-together hardware projects that connect to the Internet.
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MarksJarvis: Investors focus on earnings, not Ukraine, Gaza Strip Concern for profits, sales at U.S. companies outweighs the what-ifs of geopolitical issues After a few jitters over the crises in the Middle East and Ukraine, investors have used last week's stock market sell-off to buy ...
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The Most Hyped Digital Currency Since Bitcoin Has Officially Launched Last night, a company called Ethereum began selling the first batch of its cryptocurrency, called Ether. As of 10 a.m. Wednesday, investors had already bought $2.6 million worth. We're living in a time when an app that j...
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This Is Why Shorting Stocks Is So Brutal (PBYI, HLF)

Business Insider - 23 Jul 2014 18:11
This Is Why Shorting Stocks Is So Brutal (PBYI, HLF) It's just not a great idea to short stocks. Last night, drug development company Puma Biotechnology reported better than expected breast cancer trial results, and shares of the company rallied nearly 300% afterwards. Yes...
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New Lenders Enter Property Market and Think Small

Wall Street Journal - 23 Jul 2014 03:50
As the economy improves, lenders see loans for smaller properties as less risky. And with less competition, interest rates and potential profit can be higher.
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Taulia gives businesses discounts for paying their invoices early, gets $27M It’s a tough economy out there, financing and managing supply chains can be challenging for some business, but one startup is providing them with an alternative means to keep the balance sheets going. Taulia is a San F...
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Ackman slams Herbalife, but shares surge

USA Today - 23 Jul 2014 02:12
Ackman slams Herbalife, but shares surge Ackman fails to land Herbalife 'death blow,' shares surge.          
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Apple Just Sold How Many iPhones?

NBC News - 23 Jul 2014 01:59
Apple Just Sold How Many iPhones? Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone.
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Latest earnings from social networking giant key up investors.
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Burmese Tycoon Tay Za Under Scrutiny

Forbes - 23 Jul 2014 23:45
Burmese Tycoon Tay Za Under Scrutiny The Burmese tycoon is still ensnared in sanctions by U.S. officials wary of military mischief with North Korea.
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Property Developer Koh Wee Meng Seek Terrain In Australia A canny developer decides it's time to seek safer terrain.
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