American Business News for 11 Jun 2015
You'd need 1 billion trillion supercomputers to store all that code. If you were to store all the information contained in all the DNA of every organism on Earth, you would need to find a pretty big... data-farm. It would require the equivalent capacity of 1 billion trillion supercomputers, according to a a new estimate--the first to count all of the genetic code on the planet. Read Full Story
In the 1980’s when the Japanese invaded the U.S. with high quality products, everyone thought that quality circles would enable us to compete. Then in the late 80’s Total Quality Management was a... business philosophy for all the company’s activities. But by 1992 TQM was fading and Business Process Reengineering became the hot new management tool. Two years later the Boston Globe declared; “Reengineering is losing its luster”, and businesses began to abandon BPR for Six Sigma. Today companies like GE, Home Depot and 3M are reducing their Six Sigma commitment.
We rarely rise to the occasion when placed under extreme pressure. We sink to the level of our preparedness and persistence.
To achieve your greatest goals, sometimes all you have to do is ask.
A 2013 Class action lawsuit is making rounds after the initial court filing was made public yesterday, highlighting the fact that at least two Apple Inc. (NASDAQ:AAPL) Store employees directly... complained to Chief Executive Officer, Tim Cook. This asserts that the company's policy of checking its "valued" retail workers' possessions was embarrassing, demeaning and made many feel like they were treated like criminals.
Do you trust data more than your instincts?
Investors could value Chemours at an even higher yield initially than Tronox, its likely closest peer.
Question: I rent a room in a house, as do two other tenants. We use the bathroom, kitchen and living room as shared space. The landlord comes in the house on a regular basis, though she does not live... there. She hangs out in the living room for hours on end, and I feel she is checking on the tenants.
Guotai Junan Securities receives regulatory approval to raise as much as $4.8 billion in an initial public offering in Shanghai, paving the way for what could be China's largest IPO in five years.
Considering George Clooney's mea culpa to Sony for making last year's "Monuments Men," Disney is in for a doozy of an apology for "Tomorrowland." The Clooney-helmed film, which is still...
When it comes to luxury at your fingertips, sometimes there's nothing like a smartphone. A slew of swanky hotels, including the Four Seasons and the Ritz-Carlton have launched mobile apps...
New York law enforcement officials wrote the companies' general counsels this week that the new policy, allowing phone calls for polls or marketing, "raises issues" under consumer protection laws.
Ford announced that it is the first automaker to open a one-stop 3D digital shop – the Ford 3D Store. With the help of Turbosquid, Ford fans can use 3D printing technology to make their own models... of Ford vehicles or opt to purchase a 3D digital file from a growing library of more than 1,000 Ford vehicle images.
torage giant NetApp has seen some weakness in product sales over the last few quarters, with its services division driving much of the company's top line growth. The company recently reported a 7%... year-over-year decline in its product revenues to $3.65 billion through fiscal year 2015 ended April.
Krispy Kreme's shares are soaring on news of a strong quarter. Shares are up as much as 17%, the most in two years, reports Craig Giamonna at Bloomberg News. The company's same-store sales rose more... than 5% from the first quarter of last year. The brand also expanded its restaurant fleet. Krispy Kreme's booming business proves that the idea that modern consumers prefer healthier options is a myth. The company has stuck to a classic menu of donuts made fresh, while competitor Dunkin' Donuts has expanded its menu to offer healthier fruit and flatbreads. The discrepancy between what consumers say they want and what they actually buy has been a hard lesson for many fast food chains, including McDonald's. Millennials say they want food that is high quality, free of additives, and...
Language- learning start-up Duolingo announced on Wednesday that it had raised $45 million in funding led by Google Inc. (NASDAQ:GOOG) Capital, the search giants' growth phase investment branch. The... figure more than doubles prior investments for the text translation tool, and the new funding now values Duolingo at $470 million. A Wall Street Journal report also states that owners of the interactive application are now targeting more revenue and worldwide expansion of its tutoring service.
With the announcement to add a "Buy" button for business owners who have pages on Facebook Inc. (NASDAQ:FB), the company shows that it plans to improve its game. It has collaborated with merchants... registered with Shopify Inc. (NYSE:SHOP).
Facebook recently hosted a summit for 150 CEOs of European gaming companies that demonstrated just how important that industry has become in this region.
The Fed should have already started hiking interest rates but his being held back by a fear of liftoff, said Athanasios Orphanides, a monetary policy expert who worked at the U.S. central bank and was... head of the Central Bank of Cyprus.
Facebook has announced that it's open-sourcing Infer, a code verification tool used to identify buggy mobile code before it ships.
The world's most valuable company doesn't just confine its activites to America. It's also working hard in China and emerging markets, and has an extensive network of factories and acquisitions in... Europe. Apple has an important new factory in Ireland, and it has acquired several UK and European tech startups, in addition to its retail stores and offices around the continent. But that's not all it does here. Novauris Technologies - the heart of Siri Novauris Technologies formed a major part of Apple's Siri personal assistant. The company started in 2002, composed of former employees from popular dictation company Dragon Systems. Novauris created accurate speech recognition technology that could work out what you were saying on your phone, meaning that voice input didn't have to be sent to...
In the week of June 6, claims for unemployment benefits totaled 279,000, up 2,000 than a week before, while economists polled by Bloomberg had a median forecast of 275,000. That said, claims... maintaining a sub-300,000 level for a fourteenth straight week reflect positively on the labor market.
Zimbabwe's central bank announced the demonetization of the Zimbabwe dollar will occur from June 15 until the end of September, according to China's state-run newspaper, Xinhua. "The banking public... should visit their banks to establish the balances which were in their accounts. We have interacted with the banks and they still have all the information, which we as the Reserve Bank also authenticated," Reserve Bank of Zimbabwe governor John Mangudya said. The process will expunge Zimbabwean notes from the country's banking system, which now includes a combination of US dollars, South African rands, and Botswana pulas, in an effort to move past the horrific episode of hyperinflation that occurred in 2008. While the official inflation figure during that time was recorded at 231,000,000%,...
Wal-Mart's payment policies for truck drivers violated California minimum wage law, a federal judge ruled. The lawyers who brought the class-action suit say the retail giant could now owe more than... $100 million in back pay. While Wal-Mart opposes the ruling, the company did not say whether it plans to file an appeal.