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Business News

Location American Business News for 22 September 2013
Is Growth Among Privately Held Construction Firms Peaking? Residential builders and remodelers make up one of the fastest-growing groups of privately held companies, according to industry data from Sageworks, a financial information company. But is the strong performance peaking...
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SEC proposes greater disclosure about CEO pay

News Observer - 22 Sep 2013 02:00
The gap in pay between chief executives and rank-and-file employees has been growing steadily, and now regulators want companies to tell investors just how wide it is.
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Nike co-founder gives $500M for cancer research

Miami Herald - 22 Sep 2013 01:56
Nike Inc. founder Phil Knight pledged $500 million to Oregon Health and Science University in the form of a challenge he hopes will launch a $1 billion cancer research initiative.
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A glance at Kenya

Miami Herald - 22 Sep 2013 23:05
More than 68 people are confirmed dead as of late Sunday in an upscale mall in Nairobi, Kenya, and an unknown number of hostages are still being held by al-Qaida-linked militants. Here's a look at some facts about Kenya:
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Google Calico: Has Digital Health Just Become Redefined Around Immortality? I've just taken my Google Glass and set them aside--at least for now.
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Mr. John Glover of the IRS General Counsel's office spoke about captive insurance arrangements Friday in San Francisco at a meeting of the American Bar Association's Tax Section, which was hosted by that Section's Insura...
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The rise of golf's multimillionaires

CNN - 22 Sep 2013 03:56
The PGA Tour can make instant millionaires at virtually every one of its tournaments -- but it was not always that way. It took golf pioneer Billy Casper almost 15 years to reach seven figures in the nascent days of the ...
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Venezuela takes over a toilet paper plant, with its vice president saying the government won't "allow hoarding or failures in the production and distribution" of essential goods.
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TOKYO -- Eiji Toyoda, who spearheaded Toyota Motor Corp.'s expansion in the United States as the automaker's longest-serving president, has died. He was 100.     
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It Looks Like The iPhone 5S Fingerprint Scanner Has Been Hacked The Touch ID fingerprint scanner on Apple's new iPhone 5S appears to have been hacked. BuzzFeed points to a video from a European hacker group (embedded above) that shows a person tricking the sensor into accepting a pho...
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San Diego Chargers Attempt A Comical Series Of Lateral Passes With No Time On The Clock The San Diego Chargers got the ball back this afternoon with 15 seconds left on the clock, trailing the Titans 20-17. Phillip Rivers got one pass off to Eddie Rivers, leaving 2 seconds left on the clock. So, the Chargers...
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Survey: US gas prices drop 6 cents a gallon

Boston - 22 Sep 2013 23:48
CAMARILLO, Calif. (AP) -- The average price of regular gasoline in the U.S. has dropped 6 cents a gallon during the past two weeks.     
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The World's Most Brilliant Hedge Fund Manager Put Together A Guide To How The Economy Really Works Ray Dalio manages the world's largest hedge fund, Bridgewater Associates. It has a tremendous track record, so when the man talks about markets, people usually listen. Beyond that, Dalio is known for having one of the mo...
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USVI official: Rum tax rebate must not be lowered

Miami Herald - 22 Sep 2013 23:20
A U.S. Virgin Islands official is urging Washington to reconsider a rate used in calculating the Caribbean territory's anticipated revenue from rum taxes.
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Former COO Of Kynikos Associates, Doug Millett, Has Died

Business Insider - 22 Sep 2013 23:16
Former COO Of Kynikos Associates, Doug Millett, Has Died Doug Millett, a former COO and partner at hedge fund Kynikos Associates, has succumbed to his battle with cancer. He passed away yesterday afternoon.  Kynikos founder and CEO Jim Chanos informed the rest of the fund in ...
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CHARLOTTE AMALIE, U.S. Virgin Islands (AP) -- A U.S. Virgin Islands official is urging Washington to reconsider a rate used in calculating the Caribbean territory's anticipated revenue from rum taxes.     
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Trent Richardson Scores On His First Carry With The Colts

Business Insider - 22 Sep 2013 23:01
Trent Richardson Scores On His First Carry With The Colts The Browns shocked everyone this week when they traded running back Trent Richardson to the Colts for a 2014 first round draft pick. But both Richardson and the Browns are having success so far this Sunday. The Browns be...
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Not An Oxymoron: A Socially Conscious Law Firm Dhar Law is a rare breed--a socially conscious law firm that's housing a co-working site for nonfprofits.
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Obama's Hedge Fund Free-For-All

Forbes - 22 Sep 2013 20:42
Obama's Hedge Fund Free-For-All After a wait of almost 18 months, the acronym-friendly Jump-start Our Business Start-ups Act (or JOBS Act for short) will go into effect on Monday, September 23. When President Barack Obama originally signed the law in A...
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5 Powerful Innovation Lessons From BIF-9

Forbes - 22 Sep 2013 18:34
5 Powerful Innovation Lessons From BIF-9 The annual Business Innovation Factory event is so unique it is hard to describe. Much like the hit TV show Seinfeld, it is a conference about nothing and everything at the same time.  Nevertheless, it?s become a pilgri...
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Customer Service: What Southwest Knows And You Don't (Hint: Being Nice Isn't Enough) Providing customer service -- great customer service -- used to be a bit simpler.  Let me explain.
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8 Reasons You Shouldn't Do Everything Internally Bad habits are tough to break as you grow as a leader. As a young leader, I always felt I had to do everything in-house. Every penny mattered, so even if our attempt was half-assed, we were doing it ourselves. Realizing ...
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