Business News
Sparkcentral's Davy Kestens: A Future Aaron Levie?
Forbes - 8 Dec 2013 17:34
In the early days of Box, I wrote a few stories on the company's twenty-something CEO and co-founder, Aaron Levie. He always had interesting things to say - and was uber bullish about cloud computing. Of course, his gr...
Sugar protections prove easy to swallow for lawmakers across political spectrum
Washington Post - 8 Dec 2013 04:56
Washington politicians facing a year-end deadline to cut billions in agriculture spending are feuding over the future of food aid for the poor and crop subsidies for farmers. There is, however, one area of agreement in t...
BlackRock Is The Biggest Investor In The World -- Is Its Dominance A Problem?
Business Insider - 8 Dec 2013 00:02
ASK conspiracy theorists who they think really runs the world, and they will probably point to global banks, such as Citigroup, Bank of America and JPMorgan Chase. Oil giants such as Exxon Mobil and Shell may also earn a...
Starting A Business: How To Hire An Independent Contractor?
Forbes - 8 Dec 2013 20:20
A client of mine - who has started a cool mobile app company - recently wanted to hire an independent contractor for helping on the development of the product. He asked for some advice and here's some of the key issues I...
Tea party battles business over Braves stadium
News Observer - 8 Dec 2013 16:52
A deal for hundreds of millions of dollars in public money to draw the Atlanta Braves north of their downtown home is pitting conservative tea party activists against the elected…
China's import growth weakens
Miami Herald - 8 Dec 2013 07:21
China's November exports accelerated but import growth slumped in a sign the recovery of the world's second-largest economy might be slowing.
Detroit's Bankruptcy Chief Tries to Steer Around Challenges
Wall Street Journal - 8 Dec 2013 06:38
The most powerful man in the Motor City says he has one regret since driving into town in March: "I probably underestimated the level of support."
How to Be Generous Without Writing a Check
Wall Street Journal - 8 Dec 2013 06:16
You don't have to be a millionaire to be charitable.
Vikings, Wells Fargo agree on signage issue
Miami Herald - 8 Dec 2013 03:49
The Minnesota Vikings and Wells Fargo have reached a preliminary agreement to resolve a conflict surrounding a development near the team's new stadium.
Doing Better: Reversing cycle of poverty requires sustained, holistic approach
News Observer - 8 Dec 2013 03:00
During a season of giving thanks, we have the chance to reflect on those in our communities who have less - and to commit ourselves to working with them to…
Money Matters: Tax law change makes 529 college savings plan more attractive
News Observer - 8 Dec 2013 03:00
A 529 plan funded with money from a custodial account eliminates the ability for you to change beneficiaries. A 529 plan funded with non-custodial money would allow you to transfer…
Think the ER was expensive? The ambulance ride could be more
News Observer - 8 Dec 2013 03:00
Kira Milas has no idea who called 911, summoning an ambulance filled with emergency medical technicians. Milas, 23, was working as a swim instructor for the summer and had swum…
Firms’ race to transmit Wall Street data approaches the speed of light
News Observer - 8 Dec 2013 03:00
Networks of ultra-fast microwave radio transmitters linking the world's financial hubs could be the final frontier in the financial industry's tech arms race as the fastest traders scramble to get…
Exclusive: Mexico's draft energy reform spans profit-sharing to licenses
Reuters - 8 Dec 2013 02:28
MEXICO CITY
US Spy Agency Boasts 'Nothing Is Beyond Our Reach' With New Logo
Business Insider - 8 Dec 2013 02:23
The National Reconnaissance Office launched a new satellite called NROL-39 from Vandenberg Air Force Base in California late Thursday, but it's their mission logo that's getting much more interest. The logo, featuring a ...
JPMorgan emails show China family hires made to win deals: NYT
Reuters - 8 Dec 2013 00:42
(Reuters) - Internal JPMorgan Chase & Co emails and computer files being examined by U.S. authorities show that the bank favored hiring people from prominent Chinese families in order to win investment banking business, ...
DEUTSCHE BANK: The Performance Of Global Markets In 2013 Was A Necessary Response To What Happened In 2012
Business Insider - 8 Dec 2013 00:26
Deutsche Bank interest rate strategists led by Dominic Konstam compare the story in 2013 to that in 2012 in a note to clients, writing (emphasis added): In the end 2013 went broadly according to plan, presuming global po...
The British are coming -- in defense of BP
Washington Post - 8 Dec 2013 00:15
Business Detroit was granted unprecedented powers by a federal bankruptcy judge to shed billions of dollars in debt, including the ability to slash city employee pensions despite a state constitutional provision protecti...
Criminal Tax Fraud - Restitution Traps For The Unwary
Forbes - 8 Dec 2013 22:46
The good news is that the IRS and the courts are uniformly recognizing that tax based restitution must be credited against a taxpayer's civil tax liability. The bad news is that the rule only applies to criminal tax rest...
Grossman And The Impossibly Difficult Impossibility Defense
Forbes - 8 Dec 2013 22:42
Andrew C. Grossman personally guaranteed a commercial mortgage loan, failed to pay on the guarantee, and Fannie Mae (which took over the loans) had judgments entered against Grossman in Oklahoma and Minnesota in 2007 and...
5 Companies That Made Media Consumption Smarter This Year
Forbes - 8 Dec 2013 22:36
Our media consumption habits have changed dramatically with the rise in mobile device usage. For the first time ever, people are spending more time consuming media on smartphones and tablets than on computers. While time...
The Qantas Crisis Is All About A Business Kicking Own Goals
Forbes - 8 Dec 2013 21:30
Qantas has invited the fox (Emirates) into its hen-house and is now wondering why it is losing its most valuable chickens (business travelers).