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Location American Business News for 5 January 2013
Investors Who Think Venezuela's Economy Will Open Up After Chavez Have Another Thing Coming All signs point to the fact that Venezuelan President Hugo Chavez is not long for this world. The last reports of his condition say that his cancer treatment isn't going very well and that he's suffering from complicatio...
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Seeking Yield in Direct Loans

Wall Street Journal - 5 Jan 2013 04:29
Some high-net-worth investors are using "direct lending" funds as an alternative to conventional fixed-income strategies. Should you follow?
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AD OF THE DAY: Pixar's Brilliant 'Monsters University' College Recruitment Video Pixar released a trailer for "Monsters University" during last week's Rose Bowl telecast. The preview is incredibly clever -- the first half of it is exactly like the college recruitment ads that regularly play during th...
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Check out this band of robots playing 'Ace of Spades' "Stand aside, meatbags. Oil is thicker than blood."
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You Have To Meet The Nice Guys Of OkCupid

Business Insider - 5 Jan 2013 18:12
You Have To Meet The Nice Guys Of OkCupid When it comes to dating, tech savvy singles use OkCupid to find potential mates. It's typical to assume that nice guys finish last, and if you were to meet the gentlemen that Tumblr blog Nice Guys Of OkCupid has carefull...
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Salvaging Shell's Troubled Ship Faces Big Hurdle

The Huffington Post - 5 Jan 2013 23:40
Salvaging Shell's Troubled Ship Faces Big Hurdle ANCHORAGE, Alaska -- Responders on Saturday prepared to hook a main tow line to an oil-drilling ship grounded on rocks near a remote Alaska island....
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The Only Answer To Saving On Gas Is No Longer The Hybrid

Business Insider - 5 Jan 2013 23:39
The Only Answer To Saving On Gas Is No Longer The Hybrid As gas prices fluctuate between $3 and $4, car buyers continue to seek relief at the pump by focusing on cars with high fuel-efficiency. But unlike in recent years, in which hybrids were considered the best bets for cons...
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Michael Cronan, Who Gave TiVo and Kindle Their Names, Dies at 61 Mr. Cronan, a San Francisco-based graphic designer and marketing executive, placed his stamp on popular culture with the pair of brand names he came up with a decade apart.
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Former two-time world rally champion Carlos Sainz shows his pedigree by claiming the first special stage of the 2013 Dakar Rally in Peru Saturday. Francisco Lopez takes the motorbikes section.
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Letters: Letters: Income, Taxes and Math

The New York Times - 5 Jan 2013 23:22
Readers respond to "Bad Math and the Middle Class" (Economic View, Dec. 30).
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The Boss: Delphi Automotive's C.E.O., on Detours and Opportunity When he was a high school senior, the C.E.O. of Delphi Automotive thought he wanted to study computer science. Then he was accepted to the General Motors Institute.
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Ben Bernanke Is Facing A Legacy Problem

Business Insider - 5 Jan 2013 22:50
Ben Bernanke Is Facing A Legacy Problem The surprise of the week was not the goofy ending to the cliff. It was the minutes from the Fed. The meeting in question took place on 12/12, just 23 days ago. Some very major announcements came as a result of that meeti...
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There's Only One Obamacare Challenge That Has Any Shot At Succeeding When the Supreme Court upheld the heart of the Affordable Care Act in June, opponents scrambled to find new ways to bring down President Obama's signature health care reform. The Supreme Court shocked many when it ruled ...
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Someone Stole 5 iPads From Microsoft's Silicon Valley Office But Left All The Microsoft Products Behind (MSFT, AAPL) A lot of people are passing around a local Palo Alto newspaper clipping today that reports five iPads were stolen from Microsoft's Mountain View office during the holidays. The suspect didn't take any Microsoft products....
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Crowdfunding for Small Business Is Still an Unclear Path

The New York Times - 5 Jan 2013 22:29
Crowdfunding for Small Business Is Still an Unclear Path For new businesses, the regulatory path to crowdfunding -- Internet-based financing that involves ordinary investors -- is still far from clear.
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The Drunk Man A Flight Crew Duct Taped To His Seat Will Not Be Prosecuted The man whom an IcelandAir flight crew and passengers restrained in his seat using duct tape and zip ties will not face criminal charges. The 46-year-old Icelandic man was escorted off the flight by police at JFK airport...
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Nairobi Police Say Closeted Gays Being Blackmailed And Attacked By Gangs Police in Nairobi, Kenya are on the lookout for a gang that has been blackmailing -- and in some cases even raping -- closeted gay...
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India Takes Aim at Poverty With Cash Transfer Program

The New York Times - 5 Jan 2013 21:57
India Takes Aim at Poverty With Cash Transfer Program On Jan. 1, the government started depositing pension and scholarship payments directly into the bank accounts of about 245,000 people, in a bid to prevent corrupt officials from diverting money to their own pockets.
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Preoccupations: Teaching Meditation Techniques to Organizations The Center for Contemplative Mind in Society is aiming to show how meditation techniques can bolster productivity and creativity in organizations.
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Strategies: A Stock Market Winning Streak Has Drawn Few Cheers Few investors may have noticed, but every day in 2012, and in the early days of 2013, the S.& P. 500 has closed in positive territory for the calendar year.
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The States That Recovered Most (And Least) From The Recession

The Huffington Post - 5 Jan 2013 21:46
The States That Recovered Most (And Least) From The Recession December marked the five-year anniversary of the official beginning of the Great Recession -- the most severe economic contraction the United States has experienced since...
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Ugly ol' Reddit gets a spiffy new UI with Reedit

Venture Beat - 5 Jan 2013 21:45
Ugly ol' Reddit gets a spiffy new UI with Reedit Want a prettier way to read Reddit? Check out this awesome app for mobile/tablet/web - and you'll never guess who made it.
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