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Business News

Location American Business News for 13 August 2013

Jet engine maker Pratt announces 400 job cuts

Miami Herald - 13 Aug 2013 18:02
Jet engine maker Pratt & Whitney has announced it is laying off 400 workers, including 200 in Connecticut.
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The Justice Department and attorneys general from six states and Washington, D.C. have sued to prevent the proposed $11 billion merger between US Airways and Americans Airlines' parent company. Filing the suit in federal...
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Which Silicon Valley Company Has The Best Intern Perks? Which Silicon Valley company has the best intern perks? This question was originally answered on Quora by Bogdan Cristian Tătăroiu.
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The Map Of The Busiest Flight Paths In The World Is Startling Every day, around four million people fly on airplanes. This breaks down to roughly 1.7 billion people riding 25 million flights annually. Where the busiest flight routes are might surprise you, however. The outstanding ...
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Amazing-Looking Personal Jetpack Gets Flight Permit For Manned Test The New Zealand developers of a personalised jetpack said Tuesday that aviation regulators have issued the device with a flying permit, allowing for manned test flights. Martin Aircraft chief executive Peter Coker said t...
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Mexico Moves to Overhaul Oil Industry

Wall Street Journal - 13 Aug 2013 05:56
Mexico moved to end the country's 75-year-old monopoly on oil and gas production, potentially opening up some of the world's biggest remaining untapped oil reserves to private companies.
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Hawaiian Electric customers report fake callers

Miami Herald - 13 Aug 2013 04:32
Hawaii's major utilities say an increasing number of their customers have been victims of telephone scams.
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Several Boston mayoral candidates have come out strongly against the new 6.25 percent tax on computer and software services, which was passed in July as part of a transportation funding bill.
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PITTSBURGH
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Attorney blasts firing from BP settlement program

Miami Herald - 13 Aug 2013 18:02
An attorney who was fired by the court-supervised administrator of BP's settlement with Gulf Coast businesses and residents is demanding to be reinstated with back pay.
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'Hunger Games: Catching Fire': When Less Isn't A Loss A press release dropped in my inbox this morning proclaiming that we are now 100 days out from the release of The Hunger Games: Catching Fire, which in turn led to the announcement of the film's World Premiere in London ...
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NSEL crisis: Investors' forum files complaint with Mumbai Police The FIR accuses NSEL of cheating, fraud, forgery with the victims being 17,000 small farmers/investors
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N.Y. state accuses CashCall of loan abuses

L.A. Times - 13 Aug 2013 04:51
N.Y. state accuses CashCall of loan abuses The Anaheim Internet lender allegedly violated state usury laws.NEW YORK -- New York's attorney general has accused an Anaheim lender of illegally charging triple-digit interest rates on personal loans, then hounding bor...
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Nipro buys a New Hampshire supplement company

Miami Herald - 13 Aug 2013 00:00
Nipro Diagnostics, which makes diabetes-monitoring devices in Fort Lauderdale, is buying a New Hampshire company that produces nutritional and dietary supplements.
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Rocket Internet takes over rival food delivery startup in Brazil The Berlin-based super incubator announced that it has acquired Janamesa; an online food delivery service that rivals its portfolio company HelloFood.
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Look At The Humongous Amounts Of Money US Tech Companies Stash Overseas To Avoid Taxes U.S. companies are stockpiling really huge amounts of cash in offshore accounts. But, it turns out, the two most vocal proponents concerning the tax rules that incentivize companies to avoid moving cash into the U.S., Ci...
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A large observational study published in JAMA suggests that patients with left bundle-branch block (LBBB) and longer QRS duration derive the most benefit from a cardiac resynchronization therapy defibrillator (CRT-D). Th...
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Zynga departures continue under new chief exec Don Mattrick Zynga is shaking up its management structure in the first big move under Mattrick.
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Five Best Culinary Resorts For Dining Like A Local Five best resorts that feature fresh, locally harvested cuisine from their own gardens.
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Former Fusion-io founder reveals new storage venture

Venture Beat - 13 Aug 2013 23:05
Former Fusion-io founder reveals new storage venture David Flynn's next move? A new startup, Primary Data, which will be focused on solving tricky storage problems for software companies.
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CloudPhysics raises $10M to crowdsource insights for virtualized IT CloudPhysics made a triple threat of announcements today. The big data company has raised $10 million in funding led by Kleiner and released two new analytics tools to optimize virtualized data centers.
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