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Business News

Location American Business News for 2 October 2012
The hottest label for Mexico’s new middle class seems to be “Made in America.” Nearly 1,120 miles away from Dallas — where the Usry family not only welcomed ABC News into its home  but also l...
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NEW YORK (Reuters) - U.S. stocks rose at the open on speculation Spain will soon request a bailout, seen by some as the necessary next step to alleviating the euro zone's debt crisis.
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The aviation sector is renowned as a carbon intensive business, but an increasing number of airports are looking to change that by integrating the latest green-tech into their daily operations.
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(Reuters) - A U.S. court removed a temporary sales ban against Samsung Electronics Co Ltd's Galaxy Tab 10.1 won by Apple Inc in a patent dispute, allowing the South Korean company to sell the product in the United States...
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The 13th annual report from Interbrand ranks what it deems the 100 most valuable brands worldwide, and Coca-Cola, Apple, I.B.M. and Google lead the list.
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Company says airbrushing women out of pictures showcasing company's products goes against its valuesIkea, the global furniture company, has apologised for deleting images of women from the version of its catalogue circul...
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Are tablets the magic bullet for TV's own zombie apocalypse?
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Dave Johnson: Jobs Are for We, the People; Budget Cuts Are for the Billionaires -- Who Will Prevail? The deficit hysteria and the "fiscal cliff" are all about cutting government and the things We, the People do for each other, so that the billionaires can have more.
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Facebook CEO Mark Zuckerberg got some facetime with Russian Prime Minister Dimitri Medvedev on Monday, as part of a trip to boost the social network's standing in the country.
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As the Angry Birds of the gaming industry and the proliferation of mobile entertainment take hold, it would seem we’re heading into a video game future where all content – or most of it – is cloud-ba...
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Chavez's Secret Election Weapon: Oil

Forbes - 2 Oct 2012 23:38
Calling elections is normally a mug’s game, but the chances are Hugo Chavez will prevail in Venezuela when Presidential votes are cast on 7th October against Henrique Capriles. He’ll do so for one very simp...
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WASHINGTON -- The U.S. economy is looking more resilient, thanks in part to encouraging signs for the two most expensive purchases most Americans make: cars and homes.
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And now for something completely pleasant. Nicole Kidman, Joe Torre, Julianne Moore, America Ferrara, Willie Mays, Gabrielle Union and Ed Harris have teamed up with national nonprofit Futures Without Violence to lau...
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Shadow home secretary to announce drive against 'murky' financial crime and criminalisation of its perpetratorsLegislation that would have ensured that the City traders behind the Libor interest rates scandal did not esc...
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Adoboli was excessive gambler, says colleague

The Guardian - 2 Oct 2012 22:32
Former UBS trader weeps in court over unauthorised dealingFormer UBS trader, John Hughes, 30, wept in court on Tuesday after reading an email in which Kweku Adoboli, a former colleague accused of fraud, admitted to unaut...
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Human creativity, it seems, knows no bounds when it comes to inventing new ways to build a petroleum-based fire inside an enclosed metal space and then convert the resulting energy pulse into forward motion. Fevered brai...
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Should Millionaires Get Unemployment?

ABC News - 2 Oct 2012 22:27
A new report shows that some 2,400 millionaires received unemployment insurance benefits during the economic downturn, a number that has caught the attention of politicians who funded extensions of benefits for up ...
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I'm just back from a week long business trip to Las Vegas. Initially there participating in the very successful launch of tibbr's app marketplace with my startup, myself and my co-founder stayed on to check out the Vegas...
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Apple Maps, China -- and the Art of War

Forbes - 2 Oct 2012 22:23
When facing a powerful opponent on a field of combat Sun Tzu advises, in the  Art of War, to attack the weakest points. This is what Apple has done to Google by choosing China as the best venue i...
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T-Mobile talks over MetroPCS deal

BBC - 2 Oct 2012 22:10
Deutsche Telekom says it is in talks to buy MetroPCS and merge the US mobile carrier with its T-Mobile USA unit.
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Although beta-blockers have been a cornerstone of therapy for patients with coronary artery disease for more than a generation, a new study published in JAMA suggests that that in the modern era beta block...
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Wolseley shed its £3bn debt burden in four years and is paying £350m special dividend by avoiding balance sheet acrobaticsRepairing Wolseley, the plumbing and building materials supplier, has proved a remarkably sp...
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