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Business News

Location American Business News for 11 December 2013
Currency Geeks Rejoice, Russia Has A New Symbol For The Rouble Huge numismatic news today out of Russia today. The country has chosen its new currency symbol. Weeks after Russia announced it would crowdsource five symbol options to its citizenry, the Bank of Russia has revealed the...
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The Army's 8-Wheeled Laser Truck Can Burn Mortars, Drones Right Out Of The Sky For the first time, the U.S. Army Space and Missile Defense Command used a vehicle mounted high-energy laser to successfully engage more than 90 enemy mortar rounds and flying unmanned aerial vehicles (UAVs). The High En...
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Fed's Taper Threatens To Undercut Emerging Economies, And Political Stability By Jonathan Wood and Michael Moran
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Property prices in Dubai are continuing to rise and the average value of a home is now almost AED2 million higher than prices in neighbouring Abu Dhabi, according to data based on live market statistics from real estate ...
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How To Sell Yourself To Investors

Forbes - 11 Dec 2013 16:58
How To Sell Yourself To Investors People from all walks of life start businesses each year. Yet, all of these entrepreneurs have one thing in common - the courage to take the first step toward realizing a dream.
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GM to stop making cars in Australia by 2017

Boston - 11 Dec 2013 07:48
CANBERRA, Australia (AP) -- General Motors Co. said Wednesday it will stop making cars and engines in Australia by the end of 2017, with nearly 2,900 jobs to be lost, because of high production costs and competition.  �...
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Jeff Gundlach Takes A Contrarian Stance On Fed Policy And Makes The Case For EM Bonds In This Sweeping Presentation DoubleLine CEO Jeff Gundlach just finished his latest webcast. During the call, he discussed Fed stimulus, which he thinks will be around longer than most foresee due to low inflation rates. Gundlach also said that while...
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The US Misery Index Has Fallen To A 4-Year Low

Business Insider - 11 Dec 2013 20:57
The US Misery Index Has Fallen To A 4-Year Low The misery index is calculated by summing a country's unemployment rate with its inflation rate. With the unemployment rate falling and the inflation rate benign, misery in America is tumbling. Gluskin Sheff's David Rose...
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Gold Prices To Struggle On Higher Interest Rates, U.S. Dollar Editor's Note: Check out Kitco's full 2014 coverage.
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Swiss Banks Disclose Americans, Many More Expected By 12/31/13 Scores of Swiss Banks Are Expected To Take IRS Disclosure Deal To Reveal American Depositors
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Japanese Pension Funds Move Slowly Into Real Estate

Wall Street Journal - 11 Dec 2013 08:18
Some of Japan's pension funds are moving into the country's newly hot real-estate market in search of higher profits.
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A highly public spat has broken out between members of Boston's startup community and the organizers of a conference Wednesday in Dedham that charges new entrepreneurs and other attendees for access to venture investors....
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Nestle drops supplier after cow abuse revealed

Chicago Tribune - 11 Dec 2013 08:00
Nestle drops supplier after cow abuse revealed Northbrook-based maker of frozen pizzas cuts ties to Wisconsin farmNestle's Northbrook-based pizza division, which makes DiGiorno and Jack's frozen pies, has cut ties with a Wisconsin farm after an animal rights group re...
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Key findings on the gender pay gap and attitudes toward workplace equality, according to a new report from the Pew Research Center:     
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MONTEVIDEO, Uruguay (AP) -- Uruguay has become the first country to create a national marketplace for legal marijuana, with the government regulating the production, sales and use of pot in a bold bid to control addictio...
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How Can Financial Management Help Lift Indian Street Children Out Of Poverty? If you have watched Danny Boyle's award-winning "Slumdog Millionaire," you probably think you have an idea of how life is for millions of poor children on India's streets. The truth lies in-between; street children are v...
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The 22 Best Tech Companies To Work For, According To Employees Of all the companies in the nation, which ones are the best to work for according to their own employees? That's the question that Glassdoor's annual list of the 50 Best Places To Work answers. Interestingly, almost half...
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Bain Capital buys majority stake in Canada Goose

New York Post - 11 Dec 2013 06:53
Bain Capital buys majority stake in Canada Goose Canada Goose just got its nest feathered by private equity. The Toronto-based outerwear brand, founded more than 55 years ago, has sold itself to Bain Capital, the Boston-based buyout firm...
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Why Now? The Key To Coming Up With A Disruptive Idea If you look back over the last 15 years, the probability that an idea has not been tried before is almost none. It is because of this that one of the fundamental questions I ask about any concept I hear is "why now?"
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7 Tiny Companies That Blew Up

Forbes - 11 Dec 2013 23:14
7 Tiny Companies That Blew Up Most businesses start small but only the special ones achieve great heights. Here are seven companies that began as tiny acorns but grew (or are growing quickly) into great oaks.
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7 Time Maximizing Tips for 2014

Forbes - 11 Dec 2013 23:02
7 Time Maximizing Tips for 2014 The most successful people I know are masterful at maximizing their time. They've learned that squandering productive time eats away at high-level success. Time management is for people who have modest goals. If you want...
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New Products: More Costly and More Important Companies want to grow. At a corporate growth rate slightly higher than GDP, Consumer Packaged Goods (CPG) are struggling. There are three primary levers to pull: growth in emerging markets, mergers and acquisitions and ...
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