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Business News

Location American Business News for 22 September 2012

The Week’s Business News in Pictures

The New York Times - 22 Sep 2012 04:55
The first anniversary of the Occupy Wall Street movement, deepening gloom in Greece and the much-anticipated release of the iPhone 5 were among the week’s top stories.
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David K. Levine: Thinking Fast and Slow and Poorly and Well

The Huffington Post - 22 Sep 2012 23:59
The world is full of strange behavior. It is natural to theorize this is due to irrational biases. But often apparently strange behavior is the right solution to a complex problem.
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Merkel and Hollande Pledge to Consult on EADS

The New York Times - 22 Sep 2012 23:47
German Chancellor Angela Merkel and French President Francois Hollande said they would consult on plans by Airbus parent EADS and Britain’s BAE Systems to forge a new aerospace and defense giant.
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MILAN/ROME (Reuters) - Italy's Fiat and the Italian government said on Saturday they will look for ways to improve the company's manufacturing efficiency, as the automaker pledged to keep building cars in Italy while shi...
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(Reuters) - Bank of America Merrill Lynch sustained a loss of nearly $10 million on Friday due to an "operational error" in handling of stock option trades known as dividend trades by the company's Merrill Pro unit, the ...
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The Boss: Alok Ranjan of ifood.tv, on Conquering the Kitchen

The New York Times - 22 Sep 2012 22:49
Learning to cook for himself was originally frustrating for Alok Ranjan. He would eventually be co-founder of ifood.tv, a site with how-to videos for many types of cuisine.
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What’s really making you lose emotional control at work? Often, it’s not the upsetting situation at hand.
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Letters: Letters: A Problem of Quantity and Quality

The New York Times - 22 Sep 2012 22:33
A reader responds to “World Hunger: The Problem Left Behind” (Economic View, Sept. 16).
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A reader responds to “Drop Out, Dive In, Start Up” (Sept. 16).
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A New Yorker is frustrated in trying to return items bought online to a nearby Foot Locker store — and asks the Haggler for help.
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Philippe Dauman, the Man Who Would Be Redstone

The New York Times - 22 Sep 2012 21:41
Philippe Dauman, Viacom’s C.E.O., has been chosen by its chairman, Sumner Redstone, as his successor. But Mr. Dauman faces a test in maintaining the company as a huge creative force.
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Learn how to detect deception in interviews.
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An M.I.T. student and his colleagues have created a prototype for a device that guides power tools much as GPS guides a driver on a highway.
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Bits: Weighing Apps for an On-Demand Economy

The New York Times - 22 Sep 2012 20:36
New smartphone apps can summon an army of personal assistants to help with daily tasks. But this new on-demand economy is making one user a bit uncomfortable.
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Mark B. Templeton of Citrix, the Internet software company, sees two possible paths in a career: a low-risk one that others may want for you, or one where you gradually find your own way.
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GM discounts Chevy Volt up to $10,000

USA Today - 22 Sep 2012 20:15
General Motors is offering big discounts to boost sales of the Chevrolet Volt,
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Chick-Fil-A President: We've Made No 'Concessions' To Same-Sex Marriage Supporters Chick-fil-a President Dan Cathy has personally spoken out against media reports that the fast food chain will stop giving charitable donations to groups that oppose...
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Will Occupy's Ideas Live On As Movement Fades?

The Huffington Post - 22 Sep 2012 18:48
Will Occupy's Ideas Live On As Movement Fades? Bloomberg View: Two Occupy Wall Street slogans merit close scrutiny. The first -- “We are unstoppable! Another world is possible!” -- is a popular chant,...
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Fracking Protests Around The World

The Huffington Post - 22 Sep 2012 17:42
Fracking Protests Around The World PHILADELPHIA -- Demonstrators in the United States and other countries protested Saturday against the natural gas drilling process known as fracking that they say threatens...
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Facebook investors are hoping the shares get a bump after being added to indexes.
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Dominant Hamilton claims Singapore pole

CNN - 22 Sep 2012 16:55
Lewis Hamilton dominates Saturday's qualifying for the Singapore Grand Prix to claim pole position for the third time in the last four races of the Formula One season.
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DETROIT (Reuters) - General Motors Co opened a new, large vehicle test track west of Shanghai on Saturday as part of its push to retain its leading market share in the world's largest auto market.
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