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Business News

Location American Business News for 20 August 2015
Meet the small-time short-seller who beats big-name investors Score one for the little guy. Ben Axler, who runs the small $15 million Spruce Point Capital hedge fund, faced off against big-name activists when he shorted ATM-maker NCR --...
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A cloudy outlook on the timing of a rise in U.S. interest rates helped drive stocks lower in Asia on Wednesday.
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California prosecutors say Uber's background checks missed convicts SAN FRANCISCO
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Stocks beat earnings estimates thanks to declining tax rates Fifteen of the 30 companies whose stocks make up the Dow Jones industrial average beat the earnings estimates of Wall Street analysts in the recently completed second quarter. But of...
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The economy is sluggish as effects of the financial crisis linger, writes Cullen Roche.
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The 10 Highest-Paying Jobs in America

The Street - 20 Aug 2015 10:00
NEW YORK (TheStreet) -- Looking to make a lot of money and willing to put in long hours and years of schooling (and likely high student debt) for it? These 10 professions are the highest-paying jobs in America. Not surpr...
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Should All Businesses Have Trusted Advisors?

The Huffington Post - 20 Aug 2015 06:51
Should All Businesses Have Trusted Advisors? It's been a few months since Dan Price, the 31-year-old CEO of Gravity Payments, unveiled a controversial plan to pay even the most junior employees on his 120-person staff a minimum salary of $70,000. And while it's too...
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Why Your 401K Is A Scam!

The Huffington Post - 20 Aug 2015 06:46
Why Your 401K Is A Scam! I hate writing about finance. The most violent, ugly people in the world work in the traditional finance industry. I write something and instead of responding with a well-reasoned argument, they write things like "James ...
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Is Ashley Madison IPO doomed because of leak?

New York Post - 20 Aug 2015 03:51
Is Ashley Madison IPO doomed because of leak? If you're looking to take your business public, you'd better first learn how to keep it private. That's the hard lesson for Ashley Madison as stolen data about its adulterous...
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Twitter shares fall below IPO price

USA Today - 20 Aug 2015 21:11
Twitter shares fall below IPO price Shares of Twitter tumble below initial IPO of $26.          
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A new start-up is attempting to take caffeine vapourisers through the same growth model as the one that took Five Hour Energy from an obscure product to ubiquity seemingly overnight.
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Endowments, pensions, foundations like the funds' ability to quickly and easily gain access to indexes or commodities not easily investible.
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Gold futures rise sharply for a second straight day, getting a lift from dovish Federal Reserve minutes as sliding global stock markets increase the metal's safe-haven appeal.
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Is Refugee Labor the New Fair Trade Issue?

The Huffington Post - 20 Aug 2015 16:17
Is Refugee Labor the New Fair Trade Issue? Fair Trade refers to just compensation for farmers and workers who produce the ingredients we enjoy in various products. With a Fair Trade label, consumers can identify which products were produced in an ethical manner. ...
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How the Mobile Gaming Industry is Winning Women Players The last time you waited for a drink at Starbucks, what did you do to pass those under-caffeinated two minutes before your name was called?
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This Is What It Really Costs To Own A Dog

The Huffington Post - 20 Aug 2015 16:11
This Is What It Really Costs To Own A Dog You can't put a price on love, especially when it comes to the love of a dog. But if you had to put a price on it, dog-boarding company Rover estimates that adopting a new pooch typically costs owners $2,858 in the ...
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J.P. Morgan Names Former Army Chief of Staff as Adviser

Wall Street Journal - 20 Aug 2015 16:11
J.P. Morgan said it has brought on Gen. Raymond T. Odierno, the recently retired chief of staff of the Army, as a senior adviser to the firm.
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NEW YORK (TheStreet) -- Sears badly wants investors to believe it's on the comeback trail, but there are three key numbers that suggest otherwise. On Thursday, the beleaguered department store retailer boasted that it a...
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Why some of Hollywood's biggest stars might not get paid Billionaire hedge-fund mogul Paul Singer isn't making any friends in Hollywood. Singer's Manchester Securities, a major creditor of bankrupt Relativity Media, asked a judge on Wednesday to block roughly $28...
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Glencore Reports Loss, Warns on Trading Profit

Wall Street Journal - 20 Aug 2015 05:30
Glencore swung to a steep first-half loss, hit by price falls in the raw materials it extracts and lower profit from the trading business that was supposed to cushion it against a commodities-market rout.
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Divided Fed Puts Yellen on Hot Seat

Wall Street Journal - 20 Aug 2015 05:09
The Federal Reserve faces a potential cliffhanger about whether to raise interest rates at its September meeting, a decision that will test Chairwoman Janet Yellen's ability to lead an uncertain policy-making committee.
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Analysts: Likelihood of U.S. Oil at $30 Increasing

Wall Street Journal - 20 Aug 2015 04:06
As U.S. oil fell to a new six-year low below $41 a barrel, an increasing number of analysts and traders are saying prepare for crude dipping into the $30s, and soon.
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