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Business News

Location American Business News for 15 March 2013
This Is What The Incredible New NBA And NHL Arena In Seattle Could Potentially Look Like The NBA won't vote on the sale of the Sacramento Kings to a group from Seattle until the Board of Governors convene in mid-April. But so far, all signs point to the Kings being sold and moving to Seattle to become the se...
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Facebook crowns Mike ‘Schrep’ Schroepfer its new CTO Hail to the chief technical officer!
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The 25 CEOs Who Are Most Loved By Employees

Business Insider - 15 Mar 2013 22:17
The 25 CEOs Who Are Most Loved By Employees Facebook often ranks at or near the top of any "best companies to work for" list.  Although founder Mark Zuckerberg is often described as awkward, employees love working for him. There's a learning curve, but once peo...
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Tea Party Event On Racial Tolerance Devolves Into Complete Chaos At CPAC A CPAC session sponsored by Tea Party Patriots and billed as a primer on teaching activists how to court black voters devolved into a shouting match as some attendees demanded justice for white voters and others shouted ...
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Pipeline expansions could leave NC awash in shale gas

News Observer - 15 Mar 2013 23:50
In a historic shift, a continental pipeline will reverse flow and have capacity to carry shale gas from the Northeast to the South as of December 2015. Experts say the… Click to Continue »
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Are you a better investor than this 5th grader? In elementary schools across the U.S., there is no better stock picker than 11-year-old Rachel Kelly, according to the educational nonprofit SIFMA Foundation, which runs a national stock picking contest.
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The Case For A Stock Market Triple Top

Business Insider - 15 Mar 2013 05:58
The Case For A Stock Market Triple Top Whenever the vast majority of investors, pundits and the media agree on the direction of the market, they are usually wrong.  In the past few days as the indexes have either broken or approached new highs, an apparent...
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Shell Told to Better Manage Arctic Drilling

The New York Times - 15 Mar 2013 02:32
Shell Told to Better Manage Arctic Drilling The government wants a detailed plan on how the company plans to address safety issues before allowing it to resume exploration.
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Google BigQuery gets bigger with new features

Venture Beat - 15 Mar 2013 02:18
Google BigQuery gets bigger with new features Data nerds will benefit from the batch of updates to BigQuery, a web service that lets developers perform interactive analysis of massive datasets.
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Brooklyn Neighborhood Is 'A Powder Keg' After Teen Killed By Police Hostility has been mounting this week in East Flatbush, Brooklyn, after two plainclothes police officers fatally shot 16-year-old Kimani Gray after he allegedly pointed a revolver at them on Saturday night. On Monday a g...
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Former Zynga guy gets $1M for his new live broadcast app Brace yourselves for... AIRXP! We don't know much, but we do know it's already raised a million-dollar seed round while still in private alpha.
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Horrifying Allegations Against McDonald's Restaurant Owner

The Huffington Post - 15 Mar 2013 00:52
Horrifying Allegations Against McDonald's Restaurant Owner A franchisee who owns three McDonald's restaurants in Harrisburg, Pa., has left the company after allegations of worker exploitation. Foreign guest workers -- students from...
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31 Banks That Will Face The Fed's Harshest Stress Tests The Federal Reserve required bank holding companies with total consolidated assets of $50 billion or more to submit capital plans for review on an annual basis. A total of 31 firms made the list. Source: SNL Financial
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City narrows pool of Midway bidders

Chicago Tribune - 15 Mar 2013 23:57
City narrows pool of Midway bidders List of qualified bidders to take airport private narrowed to six from 16The City of Chicago on Friday selected six private investor/operator groups as potential bidders should it proceed toward privatizing Midway Airpor...
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Raymond J. Learsy: The JPMorgan Congressional Inquisition; 'Deja-Vu' All Over Again JP Morgan has finally, finally been brought up to account in the congressional hearings yesterday. Senators Levin and McCain could barely contain their disdain and outrage suffering the self-serving and evasive responses...
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Jimu makes building Android apps as simple as playing Lego … but still developer-friendly "We want to make it possible for a lot more people to create apps," Jimu founder Linkton Ye told me yesterday via Skype. "Everyone should be able to play with the software that surrounds us."
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Long-Banned Candy Type Finally Comes To U.S.

The Huffington Post - 15 Mar 2013 23:47
Long-Banned Candy Type Finally Comes To U.S. For the past 75 years, American children have been deprived of one of the great joys enjoyed by their peers in other parts of the...
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Mobeam makes the Galaxy S IV the first phone to support typical barcode scanners Our modern smartphone screens are great for many things -- browsing the web, taking photos, etc. -- but they're useless when it comes to traditional barcode scanners.
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The $2 Billion Battle For SoftLayer Could Make VC Dave Strohm King Of The Cloud (EMC, VMW, IBM) IBM and EMC are reportedly both courting cloud-computing company SoftLayer Technologies in an acquisition expected to exceed $2 billion. Through savvy venture capitalist David Strohm, EMC may have an inside edge. Strohm,...
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Bank vice chairman testified that reports showing billions in trading losses were kept from federal regulators… Click to Continue »
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(Reuters) - SandRidge Energy Inc's resigning chief operating officer Matthew Grubb will receive more than $9 million in exit payments as well as use of the oil and gas company's tickets to professional basketball games.
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DuPont boosts compensation for CEO in 2012

News Observer - 15 Mar 2013 23:32
DuPont Co. chairwoman and CEO Ellen Kullman received compensation valued at more than $12.7 million last year, a 5 percent increase from the $12.3 million she received in 2011, according… Click to Continue »
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