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Business News

Location American Business News for 10 October 2012
Candy Vending Machine Scam Puts Cavities In Investors' Pockets On October 10, 2012, The United States Department of Justice unsealed an Indictment returned by a federal grand jury in Miami, FL, charging 10 individuals in connection with a vending machine “business opportunity�...
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SideCar Raises $10 Million From Google Ventures, Lightspeed Let the ride-sharing wars begin. Ride-sharing startup SideCar has raised $10 million in Series A financing from Google Ventures and Lightspeed Venture Partners to take on others in the space.
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Coca-Cola In Talks To Buy Spotify Stake

Sky News - 10 Oct 2012 23:59
Coca-Cola In Talks To Buy Spotify Stake Coca-Cola is in talks to buy a stake in fast-growing digital music company Spotify, I have learned.
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Watch: Woman Who Can't Fit Into Skirt Denied Job As 'Kilt Gal' Jennifer Rogers turned down because of her size for a job at California's Tilted Kilt restaurant.
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Tokyo's seven minute miracle

CNN - 10 Oct 2012 13:00
Cleaning staff in Tokyo have seven minutes between arrival and departure to clean the world's fastest train.
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Dave Johnson: Is This Why Romney Won't Talk to Sensata Workers Whose Jobs Are Being Shipped to China? On the campaign trail Romney says we shouldn't ship jobs to China and should "crack down" on China trade problems. But he refuses to help or even meet with the Sensata workers whose jobs are being shipped to China right ...
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Conservative Justices Ask When Affirmative Action Will End Conservative justices on the U.S. Supreme Court aimed withering questions at lawyers defending the University of Texas's affirmative-action program today, asking how the school could determine when it had accomplished th...
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VIDEO: BAE and EADS cancel merger plans

BBC - 10 Oct 2012 23:42
VIDEO: BAE and EADS cancel merger plans Aerospace and defence firms BAE Systems and EADS have decided to cancel their planned merger, after talks were thwarted by political deadlock.
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How to Add to Your Life by Subtraction

Forbes - 10 Oct 2012 23:35
How to Add to Your Life by Subtraction How clever of Matthew May to design Laws of Subtraction as what Frans Johansson dubs a “hook”  -- something concrete around which we can gain clarity in our own thinking and are pulled into contributing re...
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Get ready to pay more for heating this winter

NBC News - 10 Oct 2012 23:21
Get ready to pay more for heating this winter Americans will pay more to heat their homes this winter as they feel something they didn't feel much of last year: cold.
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Facebook accused of taking UK for a ride over taxes

The Guardian - 10 Oct 2012 23:09
Facebook accused of taking UK for a ride over taxes Figures suggest only 11% of sales in UK are declared, with company benefiting from basing its HQ in Dublin Facebook has been accused of taking the British taxpayer for a ride after experts suggested the company had depre...
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Walmart targeted as workers' group plans day of action on Black Friday Walmart dismiss as 'publicity stunt' campaign group's attempt on busiest shopping day to push for improved conditions Workers' rights groups behind a series of strikes at Walmart stores across the US are now targeting Bl...
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Chocolate And Nobel Prizes Linked In Study

Forbes - 10 Oct 2012 23:02
Chocolate And Nobel Prizes Linked In Study You don't have to be a genius to like chocolate, but geniuses are more likely to eat lots of chocolate, at least according to a new paper published in the august New England Journal of Medicine. Franz Messerli reports...
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Sorry PED, Of Course Apple Can And Will Buy Twitter Last April, after Facebook(FB) caught most of the tech world off guard -- especially the folks at Twitter -- by buying Instagram from $1 billion, I wrote an article where I made the case for why the next shoe to drop was...
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Wal-Mart shares soar to all-time high

NBC News - 10 Oct 2012 22:46
Wal-Mart Stores Inc. touted strong sales at its U.S. grocery stores and a big start to holiday layaway sales today, helping to send shares of the world's largest retailer to an all-time high.
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R.V. Maker Stil Rockin' Down The Highway, Stock Almost Doubles In A Year Thor Industries Inc. (THO) grew earnings per share by 27.3% in its fiscal fourth quarter, driven by improved markets for recreational vehicles (RV) and buses. This manufacturer of RVs, buses and ambulances achieved a Zac...
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Ask an Expert: Achieving Retirement Goals

The New York Times - 10 Oct 2012 22:27
Ask an Expert: Achieving Retirement Goals Doug Wheat, a certified financial planner with Family Wealth Management, answered reader questions about financial planning for retirement.
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Economic Scene: Cutbacks and the Fate of the Young

The New York Times - 10 Oct 2012 22:25
Children are being neglected in policies that appeal to their elders — but they are the ones who will have to pay the bills run up today.
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Angela Merkel blamed for collapse of £28bn BAE-EADS merger Sources say German chancellor was key factor in decision to terminate talks The €35bn (£28bn) mega-merger between BAE Systems and EADS collapsed as a result of personal opposition from the German chancellor, Ang...
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Housing market 'lifts US economy'

BBC - 10 Oct 2012 22:17
Housing market 'lifts US economy' The US economy has expanded "modestly" in the past six weeks thanks to a stronger housing market, a survey by the US Federal Reserve suggests.
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Bucks Blog: How Checking Account Fees and Terms Vary by State

The New York Times - 10 Oct 2012 22:10
No one likes to pay bank fees. And they are even more annoying when the amount and variety of fees can vary depending not only on where you bank, but also on the state where you live.
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Stocks drop after Alcoa loss, Chevron warning

NBC News - 10 Oct 2012 22:02
Stocks fell on Wednesday, a day after the earnings season opened with Alcoa posting a quarterly net loss and Chevron saying profits would fall sharply.
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