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Business News

Location American Business News for 3 August 2013
PARODY: Woody Allen Turns Wolverine Into A Neurotic Jew Who Can't Pop Claws Under Pressure This video, which we found on Mashable, is made by OfficialComedy, not Woody Allen. It is hilarious. DON'T MISS: 7 Reasons Why 'The Wolverine' Is Massively Underrated Join the conversation about this story
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NEW YORK (AP) -- Southwest Airlines is facing its first lawsuit over a hard landing at New York's LaGuardia Airport last month that injured 16 people.
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WELLINGTON, New Zealand (AP) -- New Zealand authorities have triggered a global recall of up to 1,000 tons of dairy products across seven countries after dairy giant Fonterra announced tests had turned up a type of bacte...
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Federal Reserve Launches Blistering Attack On The ECB In New Paper The US Federal Reserve has launched a blistering attack on the European Central Bank, calling for quantitative easing across the board to lift the eurozone fully out of its slump. In a rare breach of central bank etiquet...
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Are Commodities Cheap?

Wall Street Journal - 3 Aug 2013 06:10
With prices sharply down on many commodities--and stocks at record highs--investors may be wondering: Is it time to swap stocks for soybeans? We investigate.
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The Allure of Micro Stocks

Wall Street Journal - 3 Aug 2013 02:45
Investors can still find relative bargains among stocks that are even smaller than small-company stocks.
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Man Loses Leg And 4 Others Injured After Building Demolition Goes Terribly Wrong BAKERSFIELD, Calif. (TheBlaze/AP) -- A man lost his leg--and may lose his other one--after shrapnel from a building demolition hit him Saturday. Four other spectators were treated for minor injuries, authorities said. Mo...
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'Love Potion No. 9' singer sues over Clovers' name

News Observer - 3 Aug 2013 23:44
Harold Winley sang "Love Potion No. 9" and other hits with the R&B group The Clovers in the 1950s, but now the 80-year-old says another group is trying to keep...
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MLK Anniversary To Be Celebrated In DC With Crowdfunding Conference Featuring Mark Cuban Rodney Sampson, entrepreneur and author of Kingonomics, is hosting an event in Washington, DC on August 22nd and 23rd celebrating the 50th anniversary of Martin Luther King's famous "I Have A Dream" speech. The event wil...
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President Obama lifts ban on sale of some iPhones & iPads Good news for Apple: Today, the Obama Administration vetoed a trade ban on the sale of some iPhone and iPad devices.
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Why making 'consent' the center of privacy law is important Even though they failed at passing major privacy legislation in their home state of Montana, two unlikely partners are trying to put out a bill that could be a model to the rest of the country.
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Is entrepreneurship really live and well in Silicon Valley? Guest Post We're moving away from the heart of technology innovation -- the infrastructure, the machines, the seminal ideas we can touch and feel -- to quick fixes that are not setting the stage for the next new thing.
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In our last post we discussed what estate tax portability, made permanent by the American Tax Relief Act of 2012, does. This post gives an overview of what executors must do in order to elect portability.
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Hashtag creator leaves Google to join a 6-person startup Google developer advocate Chris Messina is leaving the search giant to join a tiny startup. During his 1300 days at Google, Messina spearheaded a number of community-focused initiatives, including the Google Developers s...
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Former SAP exec faces 30 days in jail for stealing LEGOs Thomas Langenbach put fraudulent bar codes on LEGO kits at different Target stores in Silicon Valley. He made a profit selling the stolen goods on eBay.
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Facebook's pays out $1M to people hacking it

Venture Beat - 3 Aug 2013 17:00
Facebook's pays out $1M to people hacking it Facebook's bug bounty program is growing up and giving out lots of money.
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Shanghai Tower: China's Tallest Building

Forbes - 3 Aug 2013 12:17
Shanghai Tower: China's Tallest Building Shanghai Tower, China's tallest building and the world's No. 2 in height at 127 stories, held a topping-out ceremony today, more than four years after the start of construction in 2008. The views of Shanghai are unrivale...
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How driverless cars are doomed to be hacked

Venture Beat - 3 Aug 2013 02:44
How driverless cars are doomed to be hacked Yes, if you can hack today's human-controlled cars, imagine what you can do with the computers in a self-driving car.
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Funding Daily: Short and sweet

Venture Beat - 3 Aug 2013 01:23
Funding Daily: Short and sweet Early-stage startups RebelMouse and Voxy scored funding today.
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SolSource surpasses Kickstarter goal by 3X to offset summer CO2 emissions Last Fourth of July, barbecues generated more CO2 in a single day than many African nations produce in a year. One SolSource solar grill can offset the carbon footprint of 4 Americans.
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Chipotle is killing social, and we're letting them get away with it Guest Post Why Chipotle faked its own hack in a bid to raise awareness for its 20th anniversary.
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