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Business News

Location American Business News for 9 December 2013

19 Awesome Photos From The NFL's Epic Snow Day

Business Insider - 9 Dec 2013 00:50
19 Awesome Photos From The NFL's Epic Snow Day Today was the most entertaining NFL Sunday of the year. With a snow storm battering the east coast, parts of at least five games were played in snowy conditions. The delightful Eagles-Lions game was played in a near bliz...
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Cigarette Importer Sees $300,000,000 Deduction Go Up In Smoke Last week, the Tax Court upheld an IRS deficiency notice of nearly forty million dollars against Vidal Suriel for the years 2004 and 2006.  The deficiencies relate to the timing of deductions for payments due under the ...
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JP Morgan Chase, the Foreign Corrupt Practice Act, and the Corruption of America The Justice Department has just obtained documents showing that JPMorgan Chase, Wall Street's biggest bank, has been hiring the children of China's ruling elite in order to secure "existing and potential business opportu...
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Advertising: TD Ameritrade Commercials Link Olympics and Investing The campaign, which features seven athletes sponsored by TD Ameritrade, draws a parallel between their long journey to the Olympics and the fortitude required of long-term investors.     
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Jilted Fiancée Sues, And Wins

Forbes - 9 Dec 2013 03:52
Jilted Fiancée Sues, And Wins Lawsuits for Breach of Marriage Promise Gain Traction, But Watch Out For Taxes
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Maximize networking opportunities at holiday parties

News Observer - 9 Dec 2013 07:00
Small-business owners should bring a host gift, practice moderation, and send a thank you note after attending business-related holiday parties, said Sharon Hill, an author, certified etiquette trainer and president…
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China Took An Important Step Towards Liberalizing Interest Rates This Weekend The People's Bank of China officially announced the inter-bank negotiable certificate of deposits (CDs) on Saturday. The interest rate on these CDs will be determined by the market. These certificates of deposit "can hel...
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Why One Economist Is Concerned About China's Surging Exports The latest Chinese trade data showed that exports surged 12.7% year-over-year in November, up from 5.6% the previous month. This is also beat expectations for a 7% rise. The slowdown in import growth and the surge in exp...
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Here's What The LA Startup Scene Thinks About Snapchat's CEO And His Decision To Turn Down Billions I've spent the past few days in Los Angeles visiting dozens of startups and investors in southern California. I met with fashion startups, social startups, video startups, and incubators. Los Angeles — specifically Ven...
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Sensex jumps over 2% to record high as investors cheer BJP victory Rupee rises to highest in four months, a day after the BJP gets majority in 3 of the 4 state assembly elections
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Proposed rules for self-driving cars drafted by California regulators The Department of Motor Vehicles' proposed regulations govern testing procedures that automakers would use to develop the cars as early as a year from now.SACRAMENTO — California regulators are speeding ahead with new ...
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State, local governments take action on minimum wage With Washington tied up on other issues, states and municipalities are handling minimum-wage increases on their own.While President Obama and Congress keep talking about the plight and economic cost of Americans' declini...
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Job stream from Wall Street turning into a Florida flood The Big Apple's fabled Wall Street district steadily is becoming more of a tourist hub than a financial hub. New York's share of jobs in the securities industry dipped below...
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The WTO Just Came To A Historic Trade Deal -- Here's What You Need To Know The World Trade Organization (WTO) reached a major trade reform agreement on Saturday, the first in its history. The deal required unanimous approval from the 159 countries involved and took until the final hour to compl...
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Obama Faces Backlash Over New Corporate Powers In Secret Trade Deal WASHINGTON -- The Obama administration appears to have almost no international support for controversial new trade standards that would grant radical new political powers to corporations, increase the cost of prescriptio...
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Fed's Plan to Taper Stimulus Effort Not Expected Until Next Year Significant details of the eventual retreat also remain the subjects of unresolved debates, according to public statements by Fed officials and interviews with some of them.     
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Fortune 500 Firms Expand Gay Rights Support After DOMA Decision SAN FRANCISCO (AP) -- Corporate support for gay and transgender rights is reaching workers in new corners of the country and economy six months after the U.S. Supreme Court struck down the federal Defense of Marriage Act...
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S&P 500 Reaches New High

Time - 9 Dec 2013 23:58
The S&P 500 closed at a record high Monday as the impact of strong employment numbers carried over from Friday and concerns eased over expectations that the Federal Reserve will lift its stimulus policy. The S&P 500 rose...
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The Dow Jones industrial average edged higher on Monday as the stock market extended its rally from Friday, when the government reported strong hiring for last month.     
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Conservatives Are Starting To Freak Out About The Budget Deal An emerging budget deal between Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.) is hitting some roadblocks Monday, in the form of conservative opposition to its proposed higher spending levels.  Heritage Action ...
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Government sells remaining stake in GM

Boston - 9 Dec 2013 23:56
DETROIT (AP) -- The U.S. government ended up losing $10.5 billion on its bailout of General Motors, but still says the alternative would have been much worse.     
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Finding Your Passion And Monetizing It

Forbes - 9 Dec 2013 23:05
Finding Your Passion And Monetizing It By Stacia Pierce Everyone entertains the idea of living a passionate life. While earning an income from their true passions is only a fleeting idea for most people, there are some willing to take the risk. I?ve worked wi...
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