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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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Rich Dad, Poor Dad, Bankrupt Dad?

Forbes - 10 Oct 2012 22:37
Rich Dad, Poor Dad, Bankrupt Dad? Robert Kiyosaki, author of the bestselling Rich, Dad, Poor Dad series of financial advice books, is offering his fans yet another lesson in how the rich are different than you and me: they file for bankruptcy not beca...
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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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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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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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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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Want a Better Economy? History Says Vote Democrat! There was a time, before primaries, when each party's platform was really important.  Voters didn't pick a candidate, the party did.  Then voters read what policies the party planned to implement should it control ...
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YouTube polar bears take on Coke, sugary sodas

NBC News - 10 Oct 2012 21:50
Suspiciously familiar-looking polar bears are the latest anti-sugary soda advocates, and they're starring in their own animated online video.
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Havaianas Maker Buys 30% Stake In Brazilian Sportswear Label Osklen Undergoing negotiations since January to sell a majority stake in Osklen, the sought-after Brazilian maker of sportswear, Oskar Metsavaht, the label's founder and creative director, has just reached an agreement with ...
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Economy expanding modestly, Fed says

NBC News - 10 Oct 2012 21:11
The Federal Reserve on Wednesday said its business contacts suggest economic activity is still expanding modestly in most regions though pockets of weakness and strained labor markets remain a problem for some districts.
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BAE, EADS $45 billion deal collapses

CNN - 10 Oct 2012 21:10
EADS and BAE Systems have dropped plans to merge after failing to win political support for a $45 billion deal that would have created a European aerospace and defense giant.
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Despite The Fresh Evidence Of Doping, Lance Armstrong Will Ride On With The Esteem Of Many (Photo credit: Wikipedia) Today the U.S. Anti-Doping Agency released the evidence it compiled against Lance Armstrong, who was stripped of his seven Tour De France titles in August when he decided to not fight the agency...
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Parents Sue After Sons Don't Get Into Harvard

ABC News - 10 Oct 2012 20:45
Parents Sue After Sons Don't Get Into Harvard A couple in Hong Kong are suing a Boston-area education consultant for the $2 million they say they paid him to get their two sons into top schools leading up to an Ivy League university admission, an example of an "arms...
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