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Business News

Location American Business News for 11 December 2012

Tech IPO Billionaires of 2012

Forbes - 11 Dec 2012 01:27
Tech IPO Billionaires of 2012 The pending IPO of Facebook and the recent offerings of Zynga and LinkedIn have led to the debut of a few new faces on Forbes Billionaires List for 2012. Here are the 11 billionaires who benefitted, or will benefit, from...
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Here's What A Pakistani Taliban Facebook Page Looks Like

Business Insider - 11 Dec 2012 04:21
Here's What A Pakistani Taliban Facebook Page Looks Like Facebook has shut down a fairly prominent Pakistani Taliban Facebook site, according to a recent Washington Post report by Caitlin Dewey. The social media presence of U.S.-labeled terrorists has exploded over the l...
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iPhone 5 is Time’s ‘gadget of the year’ The iPhone 5 probably won't sell as much as Samsung's Galaxy S III this year, but it did win another coveted prize: Time Magazine's gadget of the year.
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HSBC, the British banking giant, was accused of transferring billions of dollars for sanctioned nations and facilitating Mexican drug cartels to launder tainted money, among other offenses.
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Your 401(k): Why You Can't Go It Alone

ABC News - 11 Dec 2012 23:14
Your 401(k): Why You Can't Go It Alone Millions of Americans are headed for an extremely disappointing retirement because they aren't putting enough money away in their 401(k) plans and aren't managing these plans effectively. The answer to this problem lies ...
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Northrop Grumman Finds A Formula That Will Work In Hard Times As Northrop Grumman Chairman & CEO Wes Bush completes his third year at the helm of the storied military contractor, he has good reason to be satisfied with what he has accomplished.  Although all of the big def...
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How Yelp CEO Jeremy Stoppelman Became A Ridiculously Successful Tech Entrepreneur Worth Millions Jeremy Stoppelman is the CEO of Yelp -- a hot tech company worth billions of dollars. Previously, he was the VP of engineering at PayPal around the time it was acquired by eBay for $1.5 billion. So, how did Jeremy Stoppe...
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Stanford And Berkeley Students Finally Agree: They Both Hate Their New Logos All is quiet on the Northern California front. The students at rival schools Stanford University and UC Berkeley are momentarily holding back their jabs at one another and instead focusing on similar issues on their resp...
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Tracking Jay-Z And Beyoncé At Art Basel, One Instagram At A Time Celebrities flocked to Miami Beach for this weekend's annual Art Basel contemporary art fair. It was rumored Beyoncé and Jay-Z would be making an appearance, but it proved reality as the power couple  touched down ...
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Why Some People Don't Collect Unemployment Even Though They're Eligible Matthew Egerton applied for unemployment insurance as soon as he lost his health care administration job at the very end of 2010. The Virginia Employment...
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Daddy, where do Happy Meals come from?

Market Watch - 11 Dec 2012 23:39
Commentary: How to avoid supersizing your kids — an issue faced even my parents who’ve kept their kids fast-food-free through toddlerhood.
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Members of the Organization of the Petroleum Exporting Countries will officially meet Wednesday to discuss their production ceiling and while they aren’t expected to offer any surprises, they’ll certainly h...
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The 30-Minute Interview: The 30-Minute Interview: Steven B. Tanger Mr. Tanger is the head of Tanger Factory Outlet Centers, a real estate investment trust that has an interest in 43 outlet shopping centers in the United States and Canada.
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A Christmas Carol Becomes An American Theater Mainstay Charles Dickens' classic story, long an English staple, has become a mainstay for regional theaters all over the United States.
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SOXX Makes Bullish Cross Above Critical Moving Average In trading on Tuesday, shares of the iShares PHLX SOX Semiconductor Sector Index Fund ETF (NASD: SOXX) crossed above their 200 day moving average of $53.02, changing hands as high as $53.10 per share. iShares PHLX SOX Se...
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Amid investor cash, search for yield, covenant-lite loan activity hits record pace Covenant-lite loans have come at an impressive clip in 2012 amid sustained investor liquidity and the continuing search for yield. Indeed, cov-lite deals - which have less-restrictive incurrence covenants, like high yiel...
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Dollar Store, Inc.: The Booming Business of Being Cheap Family Dollar, Dollar Tree and Dollar General, all part of the same franchise, have quietly become a $56-billion industry and they are opening new locations faster than Starbucks.
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NEW YORK (Reuters) - T-Mobile USA's bold move to stop offering handset discounts to consumers has the potential to disrupt pricing in the U.S. wireless services market, but it will not bring the struggling unit of Deutsc...
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Buffett, Bogle: U.S. needs 'significant tax' on estates

Investment News - 11 Dec 2012 23:17
Group of billionaires and pols issues plan that would hike inheritance tax with $2M exemption.
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No Surprise: Smoking and Sudden Cardiac Death Closely Tied Although cigarette smoking has long been linked to cardiovascular (CV) disease and sudden cardiac death (SCD),  the precise contribution of smoking, and the effect of smoking discontinuation, on SCD has not been clear...
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One of our biggest time wasters only came into use by most people within the last ten years - fifteen years for certain office workers, twenty for a few professionals in high tech, and a little before that for hard-core ...
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How to invest in Russian startups: An investor’s guide As a new generation of startup entrepreneurs is emerging in Russia, the local startup scene tends to look more like its American, European and Asian counterparts.
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