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Business News

Location American Business News for 18 September 2013
Some Soldiers Are So Attached To Their Battle Robots They Hold Funerals For Them When They 'Die' A study out of the University of Washington shows that soldiers who use bomb disposal robots on battlefields become somewhat emotionally attached to them — to the point of holding funerals for them when they "die." Jul...
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Building A Salsa Empire

Forbes - 18 Sep 2013 18:33
Building A Salsa Empire The Brooklyn Salsa Company was born in classic enterprise fashion. An MBA and an artisan, while relaxing over a few beverages at a party, hatched a plan to combine their skills and take a product to market.
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BlackBerry Plans To Fire Up To 5,000 Employees (BBRY)

Business Insider - 18 Sep 2013 20:12
BlackBerry Plans To Fire Up To 5,000 Employees (BBRY) BlackBerry plans to fire up to 40% of its work force, or the equivalent of about 5,000 employees, according to The Wall Street Journal. The layoffs will happen by the end of the year. BlackBerry has largely failed to gai...
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First lady calls summit on food marketing

News Observer - 18 Sep 2013 09:02
Michelle Obama wants food makers and entertainment companies to spend less time advertising sweet and salty foods to kids and more time promoting healthier options.
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Ex-Bank Executive Pleads Guilty in Olympus Fraud

The New York Times - 18 Sep 2013 23:58
A former bank vice president pleaded guilty Wednesday to a fraud charge, admitting he helped former Olympus Corp. executives carry out a fraud involving several hundred million dollars that deceived investors into thinki...
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Mark Zuckerberg Admits: 'Coolness Is Done For Us' (FB)

Business Insider - 18 Sep 2013 23:43
Mark Zuckerberg Admits: 'Coolness Is Done For Us' (FB) Facebook CEO Mark Zuckerberg has finally admitted that Facebook is no longer cool, and never will be again. In a long, free-flowing discussion at The Atlantic in Washington, D.C., he was asked if he ever worried that Fac...
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Why Oracle Could Miss Earnings Expectations Again Sometimes a trend is even bigger than a $153 billion business. Such is the case with cloud computing and Oracle. As a matter of fact, cloud computing is transforming the entire information technology industry from hardwa...
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Markets Going Nowhere Ahead Of Historic Moment For The Fed

Business Insider - 18 Sep 2013 09:54
Markets Going Nowhere Ahead Of Historic Moment For The Fed Good morning! It's a possibly historic day, as the Fed may or may not take its first tentative steps towards scaling back on some of its post-crisis easing measures via "tapering" the pace of Quantitative Easing bond pur...
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ATHENS, Greece (AP) -- Greek civil servants walked off their jobs Wednesday at the start of a two-day nationwide strike protesting planned job cuts required as part of the country's international bailout.     
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Markets Calm Before Fed Decision

Wall Street Journal - 18 Sep 2013 06:28
Some investors are betting stock and bond prices will continue their smooth sailing even as the Federal Reserve prepares to potentially trim its monetary stimulus.
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Capturing China's e-commerce

CNN - 18 Sep 2013 04:56
The growth of e-commerce in China has outpaced that of western countries during the past five years. This is largely due to the rapid growth of Internet users, improved online payments, increasing coverage and improving ...
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Art Mapping Startup Artsy Releases iPhone App Artsy, a startup attempting to catalogue all the world?s art in an online depository where works can be discovered and purchased, today announced the launch of an app for iPhone and iPod touch.
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Flashes In The Pan: One And Dones Of The Forbes 400 These five each made it onto The Forbes 400 only once. Here's why they didn't last.
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BlackRock CEO: Start tapering ASAP

CNN - 18 Sep 2013 04:57
BlackRock CEO Larry Fink thinks Ben Bernanke's plan to taper Federal Reserve aid to the economy is a good one.
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New jet takes on Boeing and Airbus

CNN - 18 Sep 2013 04:52
Virgin flight for first new passenger jet series in decades.
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Starbucks In The Crossfire Of The Gun Debate What do good marketers and good entrepreneurs have in common? An ability to identify and leverage opportunities to stand out from the crowd. But recently, Starbucks ? often and rightly cited as a case study in marketing ...
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How Rob Hale's Granite Telecommunications Turns Legacy Landlines Into a Growth Business A series of  Forbes Insights profiles of Thought Leaders changing the business landscape: Rob Hale Jr., Founder and CEO, granite Telecommunications...
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In Wake Of Tragedy, New Reforms For Bangladesh Garment Industry After a recent factory collapse killed over 1,000 people in Bangladesh, an outcry has led to new reforms that could begin to change the logistics of the international clothing trade.
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Do You Worry Too Much? 7 Ways Worrying Sabotages Your Career Worry is keeping women from business success, report says; 7 ways worry sabotages workplace success.
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(Kitco News) - The gold market rallied sharply in the immediate aftermath of a surprising "no-tapering" announcement from the U.S. Federal Reserve's Open Market Committee Wednesday afternoon. The key "outside markets" a...
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On Oct. 1, health insurance exchanges will open for business across the United States. Our advice: wait.
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The decision to continue buying bonds at a pace of $85 billion a month surprised financial markets - traders were braced for a cut in the stimulus program.
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