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Business News

Location American Business News for 2 April 2013

How to buy real estate in an IRA

Market Watch - 2 Apr 2013 13:30
It's complicated, but buying property with a retirement account can cut your tax bill.
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20 Celebrities' First R-Rated Movie Roles

Business Insider - 2 Apr 2013 04:07
20 Celebrities' First R-Rated Movie Roles If you're under 17, you can't see R-rated movies without an adult, but there are no rules about acting in them. Some of the industry's most famous faces starred in some very adult movies at a young age while others were ...
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North Korea's Fighter Fleet Is Full Of Decrepit Russian MiG 21s The same model of jet that inspired the creation of the U.S. Navy's "Top Gun" program (and so popularized, by proxy, such memorable phrases as "kick the tires and light the fires") is now home to the airborne equivalent ...
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Daily Wrap: 4/2/2013

Forbes - 2 Apr 2013 22:48
The markets opened higher today thanks to better than expected growth in factory orders.
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Analyst Moves: DVA, GNC

Forbes - 2 Apr 2013 22:46
DaVita HCP (DVA) was upgraded by Deutsche Bank (DB) from hold to buy with a price target of $136 as the firm is less concerned about earnings trajectory year over year.
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Google Glass, meet 'Baidu Eye'

Venture Beat - 2 Apr 2013 22:00
Google Glass, meet 'Baidu Eye' It looks like Chinese search engine Baidu is building a 'Baidu Eye' to compete with Google Glass.
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Why Kraft Is Fighting To Keep Yellow Dye In Its Macaroni And Cheese A pair of food bloggers have embarked on a crusade against two dyes that food mammoth Kraft uses in its popular macaroni and cheese. The bloggers, Lisa Leake and Vani Hari, point out that the artificial dyes -- Yellow Dy...
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Illinois Pays Up to Sell Debt

Wall Street Journal - 2 Apr 2013 23:32
llinois had to pay a premium to sell some of its $800 million in municipal bonds Tuesday, a little more than two months after a credit-rating downgrade saw the state postpone a similar sale.
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SEC decides Netflix's Reed Hastings may indeed share company info via social media While it seems fairly obvious that corporations would use social media to communicate to the public, the U.S. Securities and Exchange Commission has formally decided it's OK.
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Analyst Moves: HPQ, MS

Forbes - 2 Apr 2013 22:23
Hewlett-Packard (HPQ) was downgraded by Goldman Sachs (GS) from neutral to sell due to falling earnings expectations. A $16 price target was set.
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BOSTON
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SEC Backs Social Media Use to Alert Investors

Wall Street Journal - 2 Apr 2013 23:31
The SEC gave permission for companies to use social media to announce key information, so long as investors have been alerted about which sites will be used to disseminate it.
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Here Are The Ridiculous Assumptions That Tesla Is Using When It Says You Can Get A Model S For Less Than $500/Month (TSLA) Tesla just announced a new financing program for its cars. One of the eye-popping details is the claim that the Tesla S can be owned for effectively $500/month. Tesla writes: When considering the savings from using elect...
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Durham drug-development company Chimerix, which could go public as early as next week, is anticipating that Wall Street will value the business at more than $300 million.
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Commodities dive on weak economic signals

News Observer - 2 Apr 2013 23:57
Commodities are settling sharply lower after weak economic data suggested that demand might wane for fuel and industrial metals.
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How The NRA's Proposal To Put Guns In Schools Became Credible This week, the National Rifle Association is starting up its propaganda machine to argue in favor of using federal money to put armed guards in schools. They're calling it the "National School Shield Program" - nomenclat...
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Richard Attias: A Focus on Africa's Informal Economy

The Huffington Post - 2 Apr 2013 23:59
Africa's informal economy is one of the most innovative and inventive environments in the world. Yet it is an environment with little regulation in which workers are often exposed to hard conditions and live without a sa...
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5 Smart Insights For Financial Advisors

Business Insider - 2 Apr 2013 23:53
5 Smart Insights For Financial Advisors FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. ETF Investors Are Dumping Brazil For Mexico (The Wall Street Journal) The iShares MSCI Mexico Capp...
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PHOTOS: Walmart Allegedly Keeps Changing 'Best By' Date

The Huffington Post - 2 Apr 2013 23:50
PHOTOS: Walmart Allegedly Keeps Changing 'Best By' Date When you look at "best by" dates on grocery items, you want to trust them -- but if different dates are on stickers slapped atop...
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FTC announces winners of anti-robocall contest

News Observer - 2 Apr 2013 23:36
Almost everyone hates robocalls, but technology has made it easier for those pesky prerecorded messages to work around your caller ID and even get to you on your cellphone.
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WATCH: The Future Of Golf Is Hovercraft Golf Carts

The Huffington Post - 2 Apr 2013 23:28
WATCH: The Future Of Golf Is Hovercraft Golf Carts Many who saw the video of a hovercraft golf cart assumed it was an April Fools' Day prank released a day late. It may seem...
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NEW YORK
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