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Business News

Location American Business News for 22 October 2012

How to build a social enterprise that makes money

The Guardian - 22 Oct 2012 13:10
How to build a social enterprise that makes money As all successful social entrepreneurs will tell you, balancing commercial and social strategies is essential "If you're not making money, that's a nice hobby you've got there!" Blunt commercial advice from a blunt comme...
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BP sells TNK-BP stake to Rosneft

BBC - 22 Oct 2012 14:32
BP sells TNK-BP stake to Rosneft BP sells its 50% stake in TNK-BP to Russian state-controlled energy giant Rosneft in return for cash and shares.
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Monster Looks Attractive For Risk-Tolerant Investors After FDA Reports Of 5 Deaths Monster Beverage shares lost more than 15% this afternoon, after a news report that five people may have died recently drinking the company's caffeine-laden energy drink.
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Siemens pulls out of loss-making solar power business German industrial group to concentrate renewable energy business on wind and hydroelectric power German industrial group Siemens is pulling out of its loss-making solar power business, in the latest sign of difficulties ...
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Forbes Earnings Preview: Ball

Forbes - 22 Oct 2012 15:55
Ball (BLL) reports its third quarter earnings on Thursday, October 25, 2012.
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Viewpoint: How Wall Street Rigs the Game

Time - 22 Oct 2012 06:01
Viewpoint: How Wall Street Rigs the Game If you had watched the recent presidential debates or the Republican and Democratic conventions, you might have gotten the impression that the practices of Wall Street that led to the worst financial crisis since the Gre...
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Canada blocks Petronas shale deal

BBC - 22 Oct 2012 05:11
Canada blocks Petronas shale deal Canada blocks a 5.18bn Canadian dollar ($5.2bn; £3.3bn) takeover bid from Malaysia's Petronas, saying it would not benefit the country.
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Figuring out the Internet is critical for all media companies, but Disney’s future in particular depends on a winning strategy.
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Advertising: Candy Brands Step Up Marketing for Halloween

The New York Times - 22 Oct 2012 03:13
Mars, Hershey, Just Born — and even noncandy brands like Jell-O — are honing their efforts to tie their products to Halloween.
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Yahoo's Marissa Mayer era begins with a lift as firm posts 'solid' results First set of results under new chief executive beat analysts' expectations as Mayer says Yahoo's future is 'incredibly bright' Yahoo beat analysts' expectations on Monday as it posted its first set of results under Maris...
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Romeny As Bain CEO Benefited From Offshoring Tax Break He Disavowed At Debate Bain Capital appears to have benefited from a provision in the U.S. tax code that grants companies tax breaks for costs associated with offshoring American...
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Quantitative easing 'experimental', says top civil servant Treasury mandarin tells MPs emergency measure likely to have helped economy but admits full impact is unknown The Treasury's most senior civil servant has told a committee of MPs that pumping hundreds of billions of poun...
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For over forty years Kiton has been a timeless inspiration within the men’s luxury tailored clothing business with its fine tailored suits, shirts and ties.  Now, for the first time in its illustrious history,�...
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The Changing Face Of Chinese IPOs

Forbes - 22 Oct 2012 23:29
The Changing Face Of Chinese IPOs U.S. appetite for Chinese stocks has grown immensely, but like in any hot market there have been hiccups.
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World Starting To See Big Bargains In Chinese Stocks With negative sentiment toward China reaching an extreme in recent months, patient investors have been rewarded with recent news of improving data from the Asian giant.
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Monster energy drink makers under investigation by FDA over five deaths California family sues beverage maker over death 14-year-old girl who died after drinking two cans in 24 hours in 2011 The US Food and Drug Administration said on Monday that it was investigating reports of five deaths t...
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Yahoo sees small rise in revenues

BBC - 22 Oct 2012 23:14
Yahoo sees small rise in revenues Yahoo posts a 2% rise in revenues for its first three months under the leadership of chief executive Marissa Mayer.
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Finra lobbying expense drop

Investment News - 22 Oct 2012 23:04
SRO legislation on top of the list but little action expected until '13
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Ancestry.com bought for £1bn

The Guardian - 22 Oct 2012 23:04
Ancestry.com bought for £1bn Family history website has been bought in a private equity-backed deal that will make multimillionaires of two of its bosses The world's biggest family history website has been bought for $1.6bn (£1bn) in a private eq...
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Phaedra Ellis-Lamkins: Binders Full of Green Jobs

The Huffington Post - 22 Oct 2012 23:01
Phaedra Ellis-Lamkins: Binders Full of Green Jobs When support green job training programs, we're not just investing in America's women. We're investing in their kids, their partners, their parents, and their neighbors. We're building a stronger, more resilient, healthi...
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Promising asset classes include fisheries, vineyards and the movie business
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Some student veterans fighting to stay on GI Bill Some 250,000 student veterans are being forced to pay $10,000 for tuition each academic year because many colleges are misclassifying the residency status of those veterans — often for the schools’ own fina...
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