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Business News

Location American Business News for 8 December 2012

This Is What $315 Billion Worth Of Gold Looks Like

Business Insider - 8 Dec 2012 00:27
This Is What $315 Billion Worth Of Gold Looks Like Filmmaker Brady Haran and chemist Martyn Poliakoff go inside the vaults of the Bank of England, where $315 billion worth of gold bars currently sit. Each shelf consists of one ton of gold, which equates to $56 million of...
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PPR's Shift to Luxury, Sports and Lifestyle Is The Result of Dramatic Consumer Growth In Asia NEW YORK — The dynamic growth in Asia and other emerging markets—in terms of wealth, population and aspiration—has created a new dynamic for French multinational holding company, PPR. The way to comp...
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Want To Kill Something? Go To Florida

Business Insider - 8 Dec 2012 00:37
Want To Kill Something? Go To Florida Get ready for some good ole snake wrangling down in Florida this January. The state will hold it's first annual Burmese python hunt in hopes of reducing the invasive species numbers. The hunt is supported by the Florida ...
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That Other Kind of Risk

Forbes - 8 Dec 2012 22:54
That Other Kind of Risk Risk is paramount for most investors. And well it should! But I suspect, for many investors, risk and volatility are always and everywhere interchangeable. Volatility is a key risk—but it isn’t the only one...
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This Luxury Brand Is Mass Producing Objects That Don't Work A cheese grater without any holes, a tennis racket with two heads and a golf club twisted into a loop are some of the items on sale at the surreal Erratum boutique, which opens at the Paradise Row gallery in London tomor...
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‘Amazing Things Will Happen’

Washington Post - 8 Dec 2012 23:12
Back when my husband and I were dating, he would pop in self-help audiocassette tapes to help pass the time when we were on long road trips. It would get on my nerves. As soon as he began reaching for one of those darn t...
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HEDGE FUND MANAGER: My First Customer Is Dead

Business Insider - 8 Dec 2012 16:00
HEDGE FUND MANAGER: My First Customer Is Dead I was lonely and I wanted money. I was living in a one bedroom apartment in Astoria, Queens, NYC in 1995. I knew nobody in the area. I would write my phone number on two dollar bills and tip waitresses with them. Nobody ...
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Video: Catfish Beaches Itself like a Killer Whale to Eat Pigeons Ed Young, who writes the "Not Exactly Rocket Science" blog for Discover Magazine (and is in my opinion one of the best science writers around), has posted a remarkable video on YouTube of European catfish that have...
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Astonishing Survival Of US Woman Lost In The Wild For Six Days An American woman stranded in a freezing storm survived six days in the wilderness by eating tomatoes and snow, and sheltering in a hollowed-out tree, as her boyfriend died trying to find help. Paula Lane, 46, and her bo...
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A Simple Lesson About Federal Reserve Bond Purchases That Could Save Investors A Fortune Remember back in 2011: PIMCO boss Bill Gross famously bet against the US Treasury market on the grounds that as QE2 came to an end, interest rates would surge, because the Fed would no longer be in the market, placing a ...
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The Euro Plunged This Week After The ECB Meeting — And That Was A Great Sign There was an ECB meeting on Thursday, and there was no change in policy, but the Euro plunged nonetheless, right in the middle of Mario Draghi's press conference, which started at 8:30 AM ET. You can see how nasty it was...
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Top 10 Best Animated And Puppeted Christmas Movies And Specials Of All Time With just two and a half weeks left until Christmas, it's time once again for me to offer you a movie list for your seasonal cinematic celebration. Last year, I gave you the top ten best Christmas movies, and it was a ta...
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Economic View: ‘Getting to Yes’ Offers Clues to Fiscal Talks Negotiations between the president and Congressional Republicans hinge on a concept outlined in a book called “Getting to Yes.”
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After A Decade Of Ponzi,Scammer Sent To Jail On September 13, 2012, the Securities and Exchange Commission filed a Complaint in the United States District Court in the District of Connecticut against defendants Deer Hill Financial Group, LLC and Stephen B. Blankens...
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How Crowdoptic’s big data technology reveals the world’s most popular photo objects Crowdoptic, a two-year-old Silicon Valley startup, says it can now determine the most popular objects of photos taken during mass-interest events, such as Hurricane Sandy and the London Olympics. We’ve written twi...
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How to Create a Strategic Plan for a Kick-butt Year in 2013 I've been fortunate to be surrounded by some incredible mentors in my short career.  In addition to Lendio's board members, I have had the opportunity to meet and learn from some entrepreneurial giants: Alan Hall (sol...
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Chinese auto-parts maker Wanxiang Group Inc. wins a bid to acquire the assets of bankrupt battery maker A123 Systems Inc.
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NFL's Elimination of Kick-Offs: Selfless Concern or Self-Preservation Earmuffs, Billy "White Shoes" Johnson.
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Will the Redesigned YouTube Hurt Retailers That Use It? Google recently unveiled a redesigned YouTube with a cleaner look and more features for users to discover and watch videos. Its motivation is obvious -- keep viewers coming back for more on a regular basis and preferably...
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The Boss: Vu Lam, of KMS Technology, Left Vietnam and Returned Mr. Lam left Vietnam at 11 and eventually reached the United States; now, his company KMS Technology uses a new generation of Vietnamese software engineers.
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The Louvre Turns to Crowdfunding to Buy a National Treasure I first saw them in a newspaper ad: two figures, carved from ivory. Elongated. Delicate. Their hair, wavy. The folds of their gowns carved in refined detail. One, cradling a book. The other, blindfolded, head down. Both ...
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Italian PM Mario Monti Intends To Resign After Passing Budget After Losing Support From Berlusconi's Party Italian PM Mario Monti has said he plans to resign after passing Italy's 2013 budget. Multiple outlets, including Bloomberg, are reporting the news. The gist is that last week, Silvio Berlusconi's party withdrew its supp...
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