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Business News

Location American Business News for 16 August 2013
European Markets Continue Heading Lower, US Stabilizing, India Getting Destroyed European stock markets continue trading lower Friday while futures in the U.S. have stabilized somewhat for now. The German DAX is leading the way lower, down 0.3% in early trading. The London FTSE is down 0.2%, the Fren...
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Vehicle Fire Shuts Down New York City's Queensboro Bridge

Business Insider - 16 Aug 2013 17:28
Vehicle Fire Shuts Down New York City's Queensboro Bridge A truck caught on fire and sent plumes of thick, black smoke into the air on New York City's Queensboro Bridge Friday morning. WINS Traffic NYC reported that the vehicle was fully engulfed in flames. Truck fire on Queens...
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The Beacon Council tapped as its new CEO a veteran of the economic-development front who currently runs the technology arm of the Atlanta Chamber of commerce.
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Wonkbook: Two gamechanging NSA stories you must read

Washington Post - 16 Aug 2013 14:32
Welcome to Wonkbook, Ezra Klein and Evan Soltas's morning policy news primer. To subscribe by e-mail, click here. Send comments, criticism, or ideas to Wonkbook at Gmail dot com. To
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Republicans Are About To Vote To Boycott CNN And NBC Over Hillary Clinton BOSTON -- The Republican National Committee will vote Friday to pass a resolution that will prevent NBC and CNN from hosting Republican primary debates unless the networks cease production of their projects on former Sec...
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JPMORGAN: BUY GOLD

Business Insider - 16 Aug 2013 10:47
JPMORGAN: BUY GOLD Gold has shown some strength since hitting a four-year low of $1179 an ounce on June 28. Over the past month and a half since then, gold has rallied 15% to current levels around $1360. In a note to clients Thursday title...
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Fox Steps Back From Hillary Clinton Mini-Series

The New York Times - 16 Aug 2013 23:00
The decision by Fox Television Studios not to be involved in producing a hotly debated mini-series for NBC was a financial decision, one executive said, and not a political one.
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Google Maps Shows Manhattan Is Experiencing A Traffic Nightmare Right Now The FDNY put out the truck fire on the Queensboro Bridge at 12:30 p.m., but the bridge remains mostly closed to traffic, and that's causing a nightmare for anyone trying to get around or off Manhattan. The bridge has one...
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CHART OF THE DAY: The Sites That Influence Women Shoppers

Business Insider - 16 Aug 2013 22:19
CHART OF THE DAY: The Sites That Influence Women Shoppers Facebook is nearly as influential as blogs when it comes to influencing women's clothing purchases. Netbase partnered with Edison Research and surveyed a sample of 1,005 women across the U.S. According to the study, 28% ...
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1 killed in accident at Black Thunder mine

Miami Herald - 16 Aug 2013 19:53
Authorities say a power shovel crashed into two pickup trucks at a northeast Wyoming coal mine, killing one worker and injuring another.
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Jon Packer: Why Elon Musk Is the Next Steve Jobs

The Huffington Post - 16 Aug 2013 18:02
Jon Packer: Why Elon Musk Is the Next Steve Jobs Remember the big thinkers. They are the ones who recognize how design, in its broadest sense, is the ultimate problem solver.
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Increasingly, our daily needs are met by machines 'talking' to one another - without us even knowing it. David Thornton tips one small-cap share to profit. The post One penny stock that could profit from the 'internet of...
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WASHINGTON (AP) -- U.S. developers broke ground on homes at a faster pace in July. But the rise was all due to apartment construction, which is typically volatile. By contrast, builders began work on fewer single-family ...
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Oprah Hijacks 'Jimmy Kimmel Live' To Give Away A Car

Business Insider - 16 Aug 2013 13:38
Oprah Hijacks 'Jimmy Kimmel Live' To Give Away A Car Oprah Winfrey went on "Jimmy Kimmel Live!" to discuss new movie "Lee Daniels' The Butler" out Friday. In the film, Oprah plays the wife of Cecil Gaines (Forest Whitaker) a butler who served for eight presidents in the Wh...
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Not A Stupid Data Miner: The Mystery Of Markets and Golf In the last post, Stupid Data Miner Tricks: Predicting The Market With Pro Golfers. I implicitly lumped the idea and its author, Kevin Armstrong, a distinguished investment pro, the former chairman of ANZ Group's Regiona...
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PARIS/HONG KONG
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Leaked Memo Reveals Big Change At Forever 21

The Huffington Post - 16 Aug 2013 23:59
Leaked Memo Reveals Big Change At Forever 21 A leaked memo from Forever 21 shows the fast-fashion apparel retailer plans to cut the hours of some full-time employees and reclassify them as part-time,...
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NEW YORK (AP) -- A New York City real estate heir who admitted killing his neighbor in Texas a decade ago has had another run-in with the law.
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INSTANT MBA: There Are 3 Traits Every Business Needs To Succeed Today's advice comes from our interview with Craig Malloy, CEO of Bloomfire: "I believe there are primary features businesses need to be successful today and in the near future. They are based on fundamental human emotio...
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How To Market Your Business Even If You've Got Nothing Think it's tough marketing your business? Here's the story of one thriving business that sells a hole in the ground, with wild success.
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Female Founders Continue to Rock Edtech

Forbes - 16 Aug 2013 17:30
Female Founders Continue to Rock Edtech Following a massive injection of cash into Coursera, female co-founded InstaEDU receives $4 million in funding. By Jessica Schimm (Assistant Editor, Women 2.0)
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How To Buy A Bond ETF In This Market

Forbes - 16 Aug 2013 17:03
How To Buy A Bond ETF In This Market It's not hard to find scary headlines about the bond market these days. Interest rates are scraping along historic lows and bond prices are very high as a result. Bond ETF buyers are not exempt.
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