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Business News

Location American Business News for 12 October 2013
Benedict Cumberbatch Explains Why He's Playing Julian Assange In Controversial WikiLeaks' Movie Earlier this week, WikiLeaks released a letter founder Julian Assange sent Benedict Cumberbatch back in January. The actor is playing Assange in the upcoming DreamWorks' film "The Fifth Estate." In the lengthy letter, As...
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Accounting firm pledges $50K to UNO

Miami Herald - 12 Oct 2013 10:16
Louisiana-based accounting firm Postlethwaite & Netterville has pledged a $50,000 donation over five years to the University of New Orleans department of accounting.
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Wells Fargo once again posted record profits in the third quarter, the bank said Friday, despite the long-expected slow-down in its mortgage division.
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23 Gorgeous Photos Taken By Someone Who Gets Paid To Use Instagram All Day This is Liz Eswein. You probably don't know her, but you might follow her on Instagram. She owns the handle @NewYorkCity, and she gets paid to Instagram the same things you take photos of every day. Food, people, places...
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Why Action Trumps Everything (Especially Planning), If You Want To Achieve Anything Worthwhile Action trumps everything. Start!
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Shutdown Squeeze Play May Cause Mortgage Fallout

The Huffington Post - 12 Oct 2013 06:15
Mortgage rates slipped downward for the third consecutive week; but before would-be refinancers and home buyers cheer too loudly, they may want to ponder the reason why. The federal government shutdown is creating a dark...
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BEIJING (AP) -- China's exports suffered an unexpectedly sharp decline in September amid weak global demand but imports grew.     
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J.P. Morgan Reels From Legal Costs

Wall Street Journal - 12 Oct 2013 04:37
J.P. Morgan swung to a third-quarter loss of $380 million, compared with a profit of $5.71 billion a year earlier, as the bank reeled from more than $9 billion in legal costs.
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How Twitter Insiders Cut Their Taxes

Wall Street Journal - 12 Oct 2013 03:54
A careful reading of the Twitter prospectus shows that insiders have been making moves to minimize investment and estate taxes on their shares before the firm goes public.
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Gov. Brown vetoes sex abuse lawsuit bill

News Observer - 12 Oct 2013 23:48
Gov. Jerry Brown vetoed a bill Saturday that would have allowed some sex abuse victims who are now barred by the statute of limitations to file lawsuits against private institutions…
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WASHINGTON (AP) -- The U.S. decision to suspend delivery of tanks, helicopters and fighter jets to Egypt is more of a symbolic slap than a punishing wound to the military-backed government for its slog toward a return to...
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Emails: researchers thought Va. gov backed studies

News Observer - 12 Oct 2013 23:32
Emails from 2011 show that university researchers believed they had Gov. Bob McDonnell's support for obtaining money from a state trust fund to bankroll studies for a nutritional supplement maker…
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Ex-Google China Chief Lee Kaifu Under Propagandist Attack In a 9,000-words-piece published on the website of "Party Building," a magazine that claims to be overseen by China's Central Propaganda Commission, a self-proclaimed macroeconomics analyst unleashed an all-out attack on...
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Social Entrepreneur Profile: David Bishop, Soap Cycling This is the second in a series of profiles on social entrepreneurs. I started interviewing individuals I had met who were involved in social enterprises to see what makes them tick. I enjoy working with clients through m...
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Why Big Data Matters

Forbes - 12 Oct 2013 05:30
Why Big Data Matters Big data means much more than a change in technology, it represents a structural transformation is how we will manage our enterprises.
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Vatican Flubs Coin With Jesus and Tax Collector "Jesus Lesus Christ," I cried when I saw this. Many who occasionally take the Lord's name in vain may find comfort in this misspelling. Now we can say it with a little less guilt, especially since everyone messes up now...
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Accel Looks To Up Its Deals In Australia In Search For More New Heroes Venture capitalists looking for new thrills may wish to try out some new globe-trotting skills and follow the lead of Accel to Australia.
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Food Stamp Debit Cards Failing To Work In 17 States

The Huffington Post - 12 Oct 2013 23:31
Food Stamp Debit Cards Failing To Work In 17 States -- People in Ohio, Michigan and 15 other states found themselves unable to use their food stamp debit-style cards on Saturday, after a routine check by vendor Xerox Corp. resulted in a system failure. The electronic bene...
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Vancouver organic food co-op on edge of closure

Miami Herald - 12 Oct 2013 23:26
A nonprofit grocery store is struggling under the weight of unpaid co-op debts and a dearth of volunteers who promised to help out.
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Detroit Secures $350 Million Loan To Help Pay Off Debt During Bankruptcy Proceedings DETROIT — DETROIT (AP) -- Detroit's state-appointed emergency manager says a $350 million loan has been secured to help the city pay its way out of a complicated deal involving major creditors. Kevyn Orr said Friday th...
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Retirees and those saving for retirement may be worried about their investments, taxes and retirement plans as the federal government shutdown drags on, and lawmakers argue about extending the debt ceiling. Retirement ad...
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In an interview with The New York Times, Gen. Keith Alexander, the director of the National Security Agency, defended the surveillance work done by his agency, while acknowledging that "it's important to have a public, t...
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