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Business News

Location American Business News for 19 December 2013
Danica Patrick Wears A Muscle Suit For The GoDaddy Super Bowl Commercial GoDaddy.com announced in October that its 2014 Super Bowl commercial featuring Danica Patrick would not be risque like it often is. Instead, Patrick is donning a muscle suit, veins and all, this year. The Daily Mail snap...
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Negronis, Wild Turkey Whiskey, And Skyy Vodka: Campari's Strategy To Conquer The U.S. After a weak third quarter, Gruppo Campari's investors are trying to figure out where the company is headed, but CEO Bob Kunze-Concewitz believes the rise of bitters and other brands in the U.S., along with solid brand b...
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Forex Probe Uncovers Collusive Behavior

Wall Street Journal - 19 Dec 2013 16:25
A global probe into foreign-exchange markets has unearthed what some banks believe is evidence that senior London-based traders frequently colluded to try to manipulate currencies in order to maximize profits and minimiz...
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Gold falls 1.8% to 6-month low, Fed decision weighs

livemint.com - 19 Dec 2013 21:24
Gold falls 1.8% to 6-month low, Fed decision weighs Spot gold drops 1.8% at $1,196.31 an ounce, having earlier hit $1,193.60, its lowest since 28 June
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Gold Falls Toward Year's Low

Wall Street Journal - 19 Dec 2013 17:07
Gold tumbled below $1,200 an ounce, bringing its year-to-date losses to 28% and putting the precious metal on track to end its 12-year bull run.
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Addressing Silicon Valley's Race Problem

The New Yorker - 19 Dec 2013 16:26
Addressing Silicon Valley's Race Problem On Tuesday, a start-up called Walker & Company Brands quietly launched a thirty-dollar-a-month shaving kit called Bevel, aimed at African-American men. Made of heavy brass and inspired by old-school design, Bevel is the ...
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Rupee forwards weaken on Fed taper

livemint.com - 19 Dec 2013 18:44
Rupee forwards weaken on Fed taper No change in interest rates allows RBI to assess impact of the Fed action, says Commonwealth Bank of Australia
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Trusteed IRAs can help heirs manage inheritance

Market Watch - 19 Dec 2013 13:00
What if you like the idea of leaving your IRA to your kids -- but worry that they'll blow the tax advantages involved? Consider a trusteed IRA, a traditional individual retirement account with some of the estate-planning...
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Kaelyn Krawczyk Accompanied By Rescue Dog During Surgery, Terrier Tops 7-Year-Old Girl's 'Love List' [PHOTO] A 7-year-old girl was allowed to go into surgery with her service dog, which monitored her condition while under anesthesia. WTVD
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Congress Is Warned Anew Not to Breach Debt Ceiling

The New York Times - 19 Dec 2013 23:45
Congress Is Warned Anew Not to Breach Debt Ceiling Treasury Secretary Jacob J. Lew said the government might run out of cash to pay the country's bills by late February or early March.     
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This Map Shows Why The Battle For 'Ukraine's Soul' Is So Pivotal Ukraine is in the midst of an identity crisis. For the last month, President Viktor Yanukovych has been cozying up to Russia amid pressure by the Kremlin while hundreds of thousands of have been renouncing Ukraine's old ...
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Hold on to basics as markets sway

livemint.com - 19 Dec 2013 15:27
Hold on to basics as markets sway Here are four important financial ratios that will help you keep a steady eye on companies
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Magnises Black Card Has Its Privileges (Well, Sort Of)

The New York Times - 19 Dec 2013 01:55
Magnises Black Card Has Its Privileges (Well, Sort Of) Magnises, a card that has its privileges (well, sort of).     
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McDonald's Has 10 Million Pounds Of Mighty Wings To Get Rid Of

The Huffington Post - 19 Dec 2013 23:23
McDonald's Has 10 Million Pounds Of Mighty Wings To Get Rid Of McDonald's has a slight inventory dilemma on its hands... A 10 million pound inventory dilemma. McDonald's Mighty Wings, which were released nationwide this September, turned out to be a major flop, and now the fast food...
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Google's Ad Revenue Per User Is Insanely Ahead Of Its Rivals (GOOG, FB, TWTR, LNKD) Here's a good chart tweeted by analyst Ian Maude. He says, "Thinking about Twitter monetisation- ad revenue per user under 1/2 FB and 1/3 LinkedIn- lots of headroom for growth." And that's certainly one way to look at i...
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The conservative Faith & Freedom Coalition is launching a "grassroots campaign" against the A&E television network in response to the suspension of Phil Robertson after the popular 'Duck Dynasty' star made controversial ...
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Traders Seek Edge With High-Tech Snooping

Wall Street Journal - 19 Dec 2013 21:00
A growing industry uses surveillance and data-crunching technology to supply traders with nonpublic information about oil supplies, electric-power production, retail traffic and crop yields.
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One Of The Biggest Scandals In Turkish History Is Unfolding In Ankara ISTANBUL 
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The defensive brain is not the listening-and-learning brain.
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Sugar prices fall further on output worries

livemint.com - 19 Dec 2013 16:35
Sugar prices fall further on output worries Global sugar prices are down because of expectations that output could be higher than expected
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5 Predictions For Equity Crowdfunding In 2014

Nibletz - 19 Dec 2013 13:55
Equity crowdfunding (ECF) will change considerably by the end of 2014. The introduction of Title II of the JOBS Act on September 23, 2013 gave entrepreneurs the ability to publicly advertise their need for funding. Title...
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Does Christmas Music Make Us Buy Less?

Forbes - 19 Dec 2013 22:33
Does Christmas Music Make Us Buy Less? This article is by Ron Friedman, Ph.D., a motivational psychologist and the founder of the Friedman Strategy Group, a market research consultancy that helps clients launch products, reposition brands and develop powerful...
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