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Business News

Location American Business News for 16 October 2012

The 8 Best College-Savings Plans

ABC News - 16 Oct 2012 15:32
The 8 Best College-Savings Plans Investment ratings firm Morningstar released its annual ranking of 529 college savings plan on Monday, noting industry-wide improvements in plan fees and performance.
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Spain Nears Decision on Asking E.U. for Aid

The New York Times - 16 Oct 2012 23:27
If the call for help comes, it might stop well short of invoking the full force of the bond-buying program that the European Central Bank announced with Spain in mind back in September.
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Amazon Announces 50K Seasonal Jobs

ABC News - 16 Oct 2012 17:29
Amazon Announces 50K Seasonal Jobs Consumers are warming up to shopping and retailers are on alert as they announce more seasonal job openings. Online retailer Amazon (NASDAQ: AMZN) is the latest company to announce it is hiring extra hands for the upcomi...
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Marc Cenedella: Three Ways You're Sabotaging Your Job Hunt

The Huffington Post - 16 Oct 2012 23:48
Marc Cenedella: Three Ways You're Sabotaging Your Job Hunt Here's the truth -- the Internet is not going to hire you. No, you'll be hired by a living, breathing, thinking, smiling person.
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5 Most Expensive Zip Codes in the US

ABC News - 16 Oct 2012 23:44
5 Most Expensive Zip Codes in the US A lack of inventory is driving real estate prices higher, especially in the most expensive zip codes in the country.
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Do Pseudoephedrine Sales Predict the Number of Meth Labs in Your Community? Legal, controlled sales of the nasal decongestant pseudoephedrine appear to correlate directly with the number of clandestine methamphetamine laboratories in Kentucky.
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The early 2000s were a key stretch in China?s march to wealth after Deng Xiaoping set the world?s most populous nation on a reform course in the 1970s.   China gained entry to the World Trade Organization, paving t...
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Investing Fund Seeks Social Impact Through Agriculture

The Huffington Post - 16 Oct 2012 23:30
Investing Fund Seeks Social Impact Through Agriculture While driving to Boston to enroll as a Harvard MBA student, Willy Foote had what he described as an existential crisis. Foote was driving up...
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How Are Techies Reacting To A $499 Microsoft Surface? The Microsoft Surface is Redmond's answer to the iPad, a productivity-enabled, business-leaning tablet. While initial reaction to its design and technical specs have been positive, the big question was the price.
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Environmentalists Sue California Over Fracking Regulations

The Huffington Post - 16 Oct 2012 23:19
Environmentalists Sue California Over Fracking Regulations SAN FRANCISCO, Oct 16 (Reuters) - Environmental groups sued the state of California on Tuesday in an effort to stop hydraulic fracturing as regulators attempt...
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Is CA's Revolutionary Mandate Discriminatory?

The Huffington Post - 16 Oct 2012 23:18
Is CA's Revolutionary Mandate Discriminatory? SAN FRANCISCO -- In a case seeking to stop California's first-in-the-nation mandate requiring fuel producers to reduce greenhouse gas emissions, federal justices on Tuesday focused...
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Washington Post Close To Replacing Marcus Brauchli As Executive Editor: Sources Washington Post executive editor Marcus Brauchli has been a marked man at least since March, when his boss, publisher Katharine Weymouth, tried and failed to hire someone from The New York Times to succeed him. Now, Weym...
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Low Cost, Less Seafood: Red Lobster's Recipe for Buzz Boost US restaurant chain Red Lobster is on the precipice of making one of its biggest menu changes in a decade.
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CNBC's Maria Bartiromo Claims Vikram Pandit Quit Citi Over Money and Obama Bashing Him Today?s excerpt from The Annals of Comforting the Comfortable . . .
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I.B.M.’s 3rd-Quarter Results Are Mixed

The New York Times - 16 Oct 2012 22:58
Profits slightly exceeded Wall Street’s expectations, but revenue fell below, and the company’s shares were lower in after-hours trading.
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Rajat Gupta Should Walk Free Wednesday

Forbes - 16 Oct 2012 22:56
If you're a condemned man going before a hanging judge in New York, you probably cannot do better than U.S. District Judge Jed Rakoff who is well known for his dislike of the Federal Sentencing Guidelines.  On October...
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The Case for Startups Not Taking Venture Capital Too Early When Dave Elkington and I started InsideSales.com eight years ago we wanted to build a company that was well prepared for hyper-growth without just throwing money at it. Dave Elkington, CEO of InsideSales.com, chose not ...
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Is Roger Altman Overestimating The Impact Of The U.S. Housing Recovery? Written by Michael Cembalest, Chairman of Market and Investment Strategy, JP Morgan Asset Management
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Citigroup announced the resignation of CEO Vikram Pandit this morning. The website release said:
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IBM reported third-quarter revenue of $24.7 billion and net earnings of $3.9 billion as demand for its software services and tight cost management offset the effect of a stronger dollar on the technology and consulting c...
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Vikram Pandit's Abrupt Exit: Was the Citigroup Board Just Doing Its Job? This is a guest post by Charles (Chuck) W.B. Wardell, III, president and CEO of the executive search firm Witt/Kieffer.
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Intel Reports Lower Earnings

The New York Times - 16 Oct 2012 22:21
The chip maker, after warning a month ago of softer third-quarter results, said that net income fell 14 percent and that revenue was more than 5 percent lower than a year earlier.
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