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Business News

Location American Business News for 5 April 2013

Fisker lays off most workers

USA Today - 5 Apr 2013 03:32
Start-up hybrid maker Fisker lays off most of its employees
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$2.4 Billion Settlement Approved

The Huffington Post - 5 Apr 2013 23:57
$2.4 Billion Settlement Approved * Bank accused of hiding Merrill losses, bonuses * Settlement among largest tied to financial crisis By Bernard Vaughan NEW YORK, April 5
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Former Enron CEO may have his prison sentence shortened Jeffrey K. Skilling, serving 24 years for his role in the energy giant's collapse, could win an early release under a possible deal with federal prosecutors.Former Enron Chief Executive Jeffrey K. Skilling, who is servin...
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This Is A Photo Of Sergey Brin Wearing Google Glass And Driving A Pink Tesla Decorated Like The Batmobile (GOOG) With "Chrome" rims! According to Search Engine Round Table, this was an April Fools' Day prank. (This was originally tweeted by Forbes reporter Ryan Mac) Please follow SAI on Twitter and Facebook. Join the conversation a...
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T-Mobile's iPhone 5 pre-orders kick off today for $100 Good news T-Mobile fans, you can finally pre-order the iPhone 5 today.
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The 10 Biggest Tech Companies You've Never Heard Of

Business Insider - 5 Apr 2013 03:01
The 10 Biggest Tech Companies You've Never Heard Of With all the talk about Dell going private so it can revamp itself without Wall Street on its back, we got curious. Who are the biggest private enterprise companies? Better yet, who are the biggest private companies unde...
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Judge approves $2.43B Bank of America settlement

News Observer - 5 Apr 2013 23:47
A New York judge approved Bank of America's $2.43 billion settlement of a class action lawsuit brought by shareholders over its acquisition of former competitor Merrill Lynch.
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Lee Schneider: Get the Guns Out of Your Portfolio

The Huffington Post - 5 Apr 2013 23:46
Lee Schneider: Get the Guns Out of Your Portfolio People have the right to bear arms, but I don't want guns in my stock portfolio, particularly in the 529 college savings plan that I am starting for my youngest son.
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News Summary: Stocks drop on weak jobs report

Miami Herald - 5 Apr 2013 23:36
DISAPPOINTING JOBS: Stocks fell after the government reported a sharp slowdown in hiring last month. The report was worse than economists were expecting.
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New York City Wants To Build Even More 'Micro Apartments'

Business Insider - 5 Apr 2013 18:34
New York City Wants To Build Even More 'Micro Apartments' The city will be putting out more requests for proposals for micro-apartment sites, the New York Observer reported. "We are considering RFPs for two or three micro-unit developments later this year," a Department of Hous...
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Jury Selection Continues in Trial on Jackson's Death

The New York Times - 5 Apr 2013 03:43
Jury Selection Continues in Trial on Jackson's Death The family of pop star Michael Jackson is suing Anschutz Entertainment Group for wrongful death, claiming it hired the doctor who administered the drugs that led to the singer's death.
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Head-scratching results could be from research firm's confusing categories.
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Judge approves $2.43B Bank of America settlement

Miami Herald - 5 Apr 2013 23:56
A New York judge approved Bank of America's $2.43 billion settlement of a class action lawsuit brought by shareholders over its acquisition of former competitor Merrill Lynch.
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Matthew Kavanagh: The Economics of Cancer: Learning From India About Innovation But what if you want to incentivize investment in bold new drugs instead of me-too drugs? What if you want to encourage research into new areas that tangibly improve people's health? Then maybe, like India, you would onl...
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Judge approves $2.43B Bank of America settlement

News Observer - 5 Apr 2013 23:50
A New York judge approved Bank of America's $2.43 billion settlement of a class action lawsuit brought by shareholders over its acquisition of former competitor Merrill Lynch.
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5 Smart Insights For Financial Advisors

Business Insider - 5 Apr 2013 23:50
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. 6 Must Reads For Financial Advisors (The Wall Street Journal) The Wall Street Journal reached out ...
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Geeks Love The Bitcoin Phenomenon Like They Loved The Internet In 1995 Bitcoins are a bit like the Internet. Or, rather, the Internet as it was in the mid '90s: something strange, coming out of geekdom into mainstream perception, greeted by puzzlement over how it works, why it works and why...
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WASHINGTON
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The Sweet Life Of Tiger Woods: How The World's Best Golfer Spends His Millions Tiger Woods is finally winning again. Even though a shocking scandal and a horrible professional slump knocked him off the top of the highest-earning athletes, Tiger is still one of the richest sports figures on the plan...
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Ruling Clears BP's Path For Appeal Of Spill Payouts

The Huffington Post - 5 Apr 2013 23:33
Ruling Clears BP's Path For Appeal Of Spill Payouts By Kathy Finn NEW ORLEANS, April 5
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Analyst Moves: AET, HES

Forbes - 5 Apr 2013 21:49
Aetna (AET) was initiated with a buy rating by UBS (UBS) as the acquisition by Coventry Healthcare will allow the company to meet or exceed its growth target. A price target of $63 was set.
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News Summary: Stocks drop on weak jobs report

News Observer - 5 Apr 2013 23:27
DISAPPOINTING JOBS: Stocks fell after the government reported a sharp slowdown in hiring last month. The report was worse than economists were expecting.
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