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Business News

Location American Business News for 1 August 2013

Harrowing First-Hand Accounts From Shark Attack Survivors

Business Insider - 1 Aug 2013 18:49
Harrowing First-Hand Accounts From Shark Attack Survivors Only a small percentage of shark species are considered dangerous to humans. In fact, more people die from bees, wasps, and snakes each year than sharks, according to the International Shark Attack file. But run-ins betw...
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American Tourist Killed In Thailand After Refusing To Sing 'Hotel California' An American tourist was killed outside a Thai karaoke bar after he refused to sing "Hotel California" by The Eagles, USA Today's Michael Winter reported (via WFMU). Bobby Ray Carter Jr., 51, was intoxicated when he asked...
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FDA's letter to Wockhardt is fair

livemint.com - 1 Aug 2013 19:57
FDA's letter to Wockhardt is fair The letter to Wockhardt suggests ways to get out of the self-created mess
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Court: Tyson workers must be paid for donning gear

Miami Herald - 1 Aug 2013 20:59
Workers at a Wisconsin meat processing plant must be paid for time spent putting on and taking off protective clothing, an appeals court ruled Thursday.
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Steel makers stuck with heavy debt, negative cash flow Sector's woes likely to persist as a weak rupee makes foreign currency loans and raw material imports expensive
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10 Mind-Boggling Facts About China's Massive Manufacturing Sector China is slowing significantly as its policymakers try to rebalance the economy as one driven by consumption rather than exports. This is taking a toll on its manufacturing sector. Earlier today, the HSBC PMI survey conf...
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Student Detained 5 Days Without Food Or Water By DEA Settles For $4.1M Daniel Chong, a 25-year old UC San Diego student, settled his suit against the DEA for $4.1M. He was jailed and left unmonitored in a cell for five days. Chong and eight others were detained April 21, 2012 after DEA agen...
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NEW YORK/LONDON
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New Michael Lewis Story Makes Goldman Sachs Look Absolutely Ruthless Financial author Michael Lewis has a sprawling new piece in Vanity Fair about former Goldman Sachs programmer Sergey Aleynikov, who was tried, convicted, and then later acquitted of stealing high-frequency trading propri...
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Urban Outfitters' 'Minor Threat' Shirts Are Sanctioned By The Brand Minor Threat frontman Ian MacKaye has agreed to let Urban Outfitters sell t-shirts with its band name. Urban Outfitters' $28 shirt featuring the hardcore punk band had initially caused controversy because people believe ...
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Ever Wonder What It's Like Getting Coffee In North Korea?

Business Insider - 1 Aug 2013 22:05
Ever Wonder What It's Like Getting Coffee In North Korea? Getting your caffeine fix in North Korea can be quite a challenge. A tasteless cup of instant coffee is usually provided with hotel breakfasts, and a cup of instant can be mixed up for a Euro at the various rest stops an...
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Amanda Seyfried Showed Off Her Dog's 'Hamburger Trick' On 'Letterman' Amanda Seyfried was joined by her dog, Finn, while appearing on Wednesday's "Late Show" with David Letterman. But Finn is no ordinary canine. You see, this dog can balance a hamburger on his head. Letterman didn't believ...
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Nevada brewpub shames patron online for unpaid tab

Miami Herald - 1 Aug 2013 18:01
A Nevada brewpub has turned to Facebook to publicly shame a patron who left the restaurant without paying his $100 tab.
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Adobe goes crazy, gives its apps to teams for a drop-dead low price For a single user to get this package, the price is $20, so giving the app to a whole work group for $10 more is kind of crazy, but good-crazy, like NeNe Leakes or something.
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Spoiler alert: 'Million Dollar Listing's' Josh Flagg buys home Whether you catch or miss the season opener of Bravo's "Million Dollar Listing Los Angeles" on Aug. 7 you'll be way behind the real-life story.
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The shaky stockmarket summer rally

MoneyWeek - 1 Aug 2013 15:00
The S&P 500 - America's benchmark index - has hit a new record high. But investors shouldn't get complacent. The post The shaky stockmarket summer rally was first published on MoneyWeek.
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NRIs planning to return home should build India portfolio NRIs not planning to come back anytime soon should treat India as any other market
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U.S. crude-oil prices rise, with the commodity coming off its best monthly gain in nearly a year after upbeat economic reports aid the outlook for energy demand.
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Oil pushes toward $106 as US growth improves

Miami Herald - 1 Aug 2013 07:41
Faster economic growth in the U.S. and tightening crude supplies helped push up oil prices Thursday.
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China promises market-oriented reforms amid slump

Miami Herald - 1 Aug 2013 06:36
China's government is promising more market-oriented reforms to make the economy more productive as two new manufacturing surveys suggest a slowdown in growth might be deepening.
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Here's Some Fodder For The Chinese Economic Data Truthers

Business Insider - 1 Aug 2013 05:54
Here's Some Fodder For The Chinese Economic Data Truthers There is no shortage of economists who are skeptical of the data coming out of China, especially the data published by the Chinese government. Indeed, China's export numbers often don't tie out with its trading partners ...
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Facebook tops its $38 IPO price for first time

News Observer - 1 Aug 2013 05:41
Facebook Wednesday rose above its $38 initial public offering price for the first time since its debut trading day, capping a 14-month comeback fueled by innovations in mobile advertising.
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