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Business News

Location American Business News for 13 December 2013

Hilton Exploring New Hotel Brand

Wall Street Journal - 13 Dec 2013 03:56
Hilton Worldwide's CEO says the hotel company expects to introduce a new brand in 2014 aimed at affluent, young travelers by emphasizing style and design.
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WSJ: Sprint Might Buy T-Mobile Next Year For $20 Billion

Business Insider - 13 Dec 2013 23:28
WSJ: Sprint Might Buy T-Mobile Next Year For $20 Billion Sprint, the third largest wireless carrier in the U.S., is considering a $20 billion bid to buy T-Mobile next year, according to The Wall Street Journal. T-Mobile is the fourth largest carrier and the smallest of the "bi...
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CHART OF THE DAY: The Web Is Being Overrun With Bots

Business Insider - 13 Dec 2013 23:53
CHART OF THE DAY: The Web Is Being Overrun With Bots The non-human web has overtaken the human web, according to new data from Incapsula, which tracks bots on the web. The non-human web is made of search engine crawlers, spammers, hackers, scrapers, and impersonators.   T...
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SBI hires Citi, HSBC for share sale

livemint.com - 13 Dec 2013 16:17
SBI hires Citi, HSBC for share sale Deutsche Bank, JPMorgan Chase, Bank of America and UBS have also been hired
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Aereo CEO to Broadcasters: Go Ahead, Make My Day Aereo, the upstart online video company that’s become the bane of big TV broadcasters, didn’t use the words immortalized by Clint Eastwood‘s “Dirty Harry” in its Supreme Court filing, but the message is clear. ...
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N.Y.U. Graduate Assistants to Join Auto Workers' Union

The New York Times - 13 Dec 2013 02:39
As affiliates of the United Automobile Workers, New York University graduate teaching and research assistants will make up the only such union in the country recognized by a private university.     
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Turkish billionaire buys Merrill Stevens boatyard

Miami Herald - 13 Dec 2013 01:37
Turkish billionaire Rahmi M. Koç acquired the Merrill-Stevens boatyard with minority partner John Spencer with plans to continue operating the yacht repair facility.
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The 10 Best Bottles Of Tequila Under $50

Business Insider - 13 Dec 2013 20:52
The 10 Best Bottles Of Tequila Under $50 Tequila gets a bad reputation for being the fuel behind hazy drunken nights and rough mornings, but it doesn't have to be that way. Our friends at FindTheBest have compiled a list of the best bottles of tequila you can b...
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Giant Spanish casino plan abandoned

BBC - 13 Dec 2013 18:22
Giant Spanish casino plan abandoned US casino operator Las Vegas Sands cancels a plan to create a huge casino complex near Madrid.
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AUDIO: Scottish Power scraps wind farm plan Scottish Power Renewables is abandoning plans to develop a major offshore wind farm off the coast of Tiree in the Inner Hebrides.
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21 Of The Coolest Perks For Hedge Fund Employees

Business Insider - 13 Dec 2013 17:36
21 Of The Coolest Perks For Hedge Fund Employees Life might be better on the buy-side if you work on Wall Street. People who work at hedge funds tend to get a bigger salary and better hours as opposed to investment banking.  Not to mention, they also have a more relax...
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Aakash maker DataWind launches low-cost smartphones

livemint.com - 13 Dec 2013 08:42
Aakash maker DataWind launches low-cost smartphones The entry-level PocketSurfer 5 smartphone costs `3,499, while the upper-end model is priced at `6,499
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Protest apps bring hi-tech flair to Thai rallies

Miami Herald - 13 Dec 2013 07:23
For years, protesters in Thailand have used social media to organize rallies. Now they're taking smartphones to a new level.
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Japan, SE Asia fete 40 years of ties, eye China

Miami Herald - 13 Dec 2013 06:15
Japan, SE Asia fete 40 years of ties, eye China Southeast Asian nations welcome Japan's efforts to nurture closer security cooperation, given China's growing assertiveness, though they hope the two powers will mend their frayed ties, Indonesian President Susilo Bamban...
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Are Philippine Stocks Heading For A Bust?

Forbes - 13 Dec 2013 06:10
Are Philippine Stocks Heading For A Bust? The Philippine stock market has experienced a dangerous technical breakdown that may lead to a bear market.
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Coke Plans Return to Franchise Model in North America

The New York Times - 13 Dec 2013 05:15
The soft-drink company said it would divide its North American business in two divisions, including one to manage its bottling operations.     
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Apple supplier exceeds overtime cap

BBC - 13 Dec 2013 03:47
Apple supplier exceeds overtime cap A labour watchdog says that working conditions at factories of Apple supplier, Foxconn, have improved but excessive overtime remains an issue.
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ATLANTA (AP) -- Coca-Cola is shuffling its executive ranks and organizational structure at its North America business, which has struggled with a decline in soda sales.     
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General Motors has sold Chevrolet vehicles in Europe through the Great Depression, World War II and the partition of the continent by the Iron Curtain. What the automaker could not weather was Europe's current blend of e...
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GM CEO Appointment Sobering Reminder of How Far We Still Have to Go On Tuesday, General Motors named their new CEO, current senior vice president for global product development Mary Barra. Barra will be the first female CEO of a major automaker. The announcement of her appointment procee...
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Filling A Void By Focusing On Partners Derailed By Conflict The twosome behind The Partnership Resource provides valuable conflict-resolution for small businesses while practicing what they preach.
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Poojan Kumar's PernixData Out to Build the A Series of Forbes Insights Profiles of Thought Leaders Changing the Business Landscape: Poojan Kumar, Co-Founder and CEO, PernixData...
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