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Business News

Location American Business News for 26 July 2013
Liquid Plumr Turns Up The Sleaze In Another Porn-Themed Ad For Drain Declogger Liquid Plumr has doubled down on its "plumber as porn movie actor" meme in a new commercial for Liquid Plumr Urgent Care ("when you need it now"). The new spot stars a brunette who picks up a bottle of Urgent Care in a h...
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Mobile Devices Will Account For 58% Of The Global Internet Device Installed Base By Year-End We expect smartphones and tablets to account for 2 billion active devices by year-end. Once we tack on the PC installed base of 1.4 billion, the three main device types will combine for a global Internet device installed...
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NEW YORK
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DealBook: SAC Capital Is Arraigned on a Raft of Criminal Charges In a brief proceeding in Federal District Court in Lower Manhattan, the hedge fund was arraigned on insider trading charges, making it the first large American company to face an indictment in more than a decade.
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There's A Growing Club Of Rich Foreign Fugitives From US Justice WASHINGTON -- Viktor Kozeny has a reputation for extravagance that is not easily rivaled. The frizzy blond, Harvard-educated "financier" lives in a $29 million home in the ultra-posh Bahamas gated community of Lyford Cay...
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VH1 Made A Biopic About The Lives And Times Of 'TLC'

Business Insider - 26 Jul 2013 18:48
VH1 Made A Biopic About The Lives And Times Of 'TLC' There's new reason to get "Don't go chasing waterfalls," stuck in your head. VH1 released a trailer for its biopic on the 90s girl group TLC. It's crazy, sexy, cool, and super nostalgic. "Crazy Sexy Cool: The TLC Story" ...
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PepsiCo to no longer call Naked juices 'natural'

News Observer - 26 Jul 2013 17:53
PepsiCo Inc. says it will no longer label its Naked juices as being "all natural," after a lawsuit complained that the drinks contain ingredients that don't fit that bill.
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Futures slip on China moves and struggles for tech

Miami Herald - 26 Jul 2013 14:01
Futures slip on China moves and struggles for tech Stock futures are heading lower on some disappointing quarterly performances from tech companies and more hints that China is trying to rein in growth to keep its economy under control.
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Markets Are Headed Lower Following A Big Down Day In Japan

Business Insider - 26 Jul 2013 10:30
Markets Are Headed Lower Following A Big Down Day In Japan U.S. stock futures are negative after a rough day in Japan. The Japanese Nikkei 225 fell 3.0% Friday as the Japanese yen strengthened against the U.S. dollar, despite a better-than-expected inflation reading there. The J...
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Cop who pepper-sprayed students seeks workers comp

Miami Herald - 26 Jul 2013 05:31
The former police officer who pepper-sprayed students during an Occupy protest at the University of California, Davis is appealing for worker's compensation, claiming he suffered psychiatric injury from the 2011 confront...
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Boston Mayor Thomas M. Menino's administration has begun authorizing construction of smaller rental and ownership units across the city, hoping to increase the supply of densley packed housing around public transportatio...
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Is Beaten-Up Aussie Due for a Bounce?

Wall Street Journal - 26 Jul 2013 04:11
Some investors are betting the Australian dollar, one of the worst-performing currencies this year, is nearing the end of its slide.
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DealBook: Defense Tries to Show Sympathetic Side of Ex-Trader

The New York Times - 26 Jul 2013 02:57
DealBook: Defense Tries to Show Sympathetic Side of Ex-Trader Fabrice Tourre's legal team worked to rehabilitate his image in court on Thursday.
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Simple. Thrifty. Living.: 6 Financial Hurdles to Jump Before You Turn 30 It's OK if you haven't figured out what you want to do by the time you hit 30, but you should be doing something.
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Daniel P. Collins: Do Hedge Funds Really Need Viagra?

The Huffington Post - 26 Jul 2013 22:51
What is being communicated is that these guys are not the studs producing strong returns many folks believe them to be but weak (limp) pretenders. Are they right or this just another case of the traditional business medi...
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RANKED: The 9 Best Towns In The Hamptons

Business Insider - 26 Jul 2013 22:48
RANKED: The 9 Best Towns In The Hamptons The Hamptons -- a favorite vacation destination of the rich and famous as well as New York's 'it' crowd -- is actually composed of roughly 20 different villages, each one with its own unique flavor. For this list, we ran...
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Study: Scientists name pesticides in Sierra frogs

Miami Herald - 26 Jul 2013 22:42
Scientists have known for years that pesticides drift from California's agricultural heartland and accumulate in frogs at the highest elevations of the Sierra Nevada mountains.
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Energy stocks fall on Friday, poised to end the week down more than 1%.
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WASHINGTON
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DAVID EINHORN: The Market's Rapid Advance May Be Creating An Unstable Condition Hedge fund manager David Einhorn, who runs $8 billion Greenlight Capital, sent out his second-quarter letter to investors. In it, the famed fund manager gives his observation of what he thinks is going on in the stock ma...
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Power from CESC plant in Maharashtra finds no takers

livemint.com - 26 Jul 2013 18:46
Power from CESC plant in Maharashtra finds no takers CESC has managed to sign only one PPA with the state-owned distribution company of Tamil Nadu
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Stocks slumped on Friday, with major averages poised to log their first weekly decline in five weeks, as investors largely shrugged off a better-than-expected consumer sentiment report.
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