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Location American Business News for 28 December 2013
HOUSE OF THE DAY: Paul McCartney Toured This $12.9 Million Condo With Central Park Views Sir Paul McCartney did some Christmas real estate shopping this week, according to The New York Post, which is reporting that he and his wife Nancy Shevell were spotted checking out a 4-bedroom condo on Fifth Avenue.  T...
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These 14 Trader Hand Signals Are An HR Rep's Worst Nightmare Racist. Sexist. Filthy. Obscene. These are the words we'll use to describe the hand signals traders will flash to each other in their efforts to communicate quickly across noisy trading floors. "The ability to recognize ...
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Kanye West And Baby North Got Matching Lamborghinis For Christmas It was a good Khristmas in the Kardashian household. First, Kanye West gifted his fiancée Kim Kardashian with a $40,000 Hermés Birkin bag hand-painted with nudes by artist George Condo. After posting a photo of the bag...
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Swiss Banks Turn Up the Heat

Wall Street Journal - 28 Dec 2013 03:27
Swiss banks are putting pressure on account holders to prove they are in compliance with U.S. tax laws.
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Financial markets: Six highlights -- and absurdities -- of 2013 Small investors, Ben S. Bernanke, dot-com mania, gold, bitcoins, Jamie Dimon and more starred in the year's Wall Street dramas.Wall Street had plenty of reasons to think 2013 would go miserably for the stock market — w...
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The 13 Best Movie Posters Of 2013

Business Insider - 28 Dec 2013 17:37
The 13 Best Movie Posters Of 2013 While we've been talking a lot about the best and worst movies of the year, we haven't discussed the ads used to promote them. Millions of dollars are spent on ad campaigns to get us into theater seats. While most poster...
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Millions of Americans lack basic financial literacy, studies show The result of this collective ignorance, experts say, is young people who are mired in student debt and older Americans who face bleak retirement prospects.Guess how many Americans correctly answered this basic financial...
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It's Not Just Poor People Getting Hosed When Congress Lets Unemployment Insurance Expire NEW YORK -- David Torian is an Ivy League-educated lawyer and a onetime chief of staff to then-Rep. Michael McNulty (D-N.Y.). He has 23 years of experience in congressional and government relations, witnessed and practic...
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The House Edge: Academics Who Defend Wall St. Reap Reward

The New York Times - 28 Dec 2013 04:03
The House Edge: Academics Who Defend Wall St. Reap Reward Wall Street paid academic experts -- and gave money to their universities -- whose research supported the financial community's views on commodity trading.     
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A months-long investigation by The New York Times "turned up no evidence that Al Qaeda or other international terrorist groups had any role" in the assaults last year on a U.S. diplomatic mission and a C.I.A. compound in...
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NASA's Newest Robot Doesn't Need Wheels To Get Around

Business Insider - 28 Dec 2013 23:39
NASA's Newest Robot Doesn't Need Wheels To Get Around NASA is working on new, collapsible robot that doesn't need wheels to get around.  The Super Ball Bot rolls around on a series of rods connected by flexible cables, rather than tires.   The space agency recently did ...
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Before Michael and Megan Newcomer were married, they entered into a prenuptial agreement that excluded from a divorce division the gifts and inheritances they received, plus any growth or appreciation in any business cau...
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Under the leadership of Gracia Martore, Gannett continues to evolve from a newspaper publisher to a major U.S. Broadcaster with significant digital activities including Career Builder. Its recent acquisition of Belo is a...
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NSA phone surveillance legal, federal judge rules

Miami Herald - 28 Dec 2013 09:15
NSA phone surveillance legal, federal judge rules The debate over the National Security Agency's collection of millions of Americans' telephone records fell squarely into the courts when a federal judge in Manhattan upheld the legality of the program, citing its need in...
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Twitter tumbles after warning on overvaluation

livemint.com - 28 Dec 2013 08:30
Twitter tumbles after warning on overvaluation Twitter shares closed down 12.99% at $63.79; but the stock has more than doubled from its offering price at $26 on 7 November
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WASHINGTON -- Struggling homeowners could be hit with an unexpected tax bill in the new year.     
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WASHINGTON (AP) -- It was a moment for Barack Obama to savor.     
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Health Care Law Faces Several Key Tests In 2014

The Huffington Post - 28 Dec 2013 23:30
Health Care Law Faces Several Key Tests In 2014 WASHINGTON (AP) -- The new year brings the big test of President Barack Obama's beleaguered health care law: Will it work? The heart of the law springs to life Wednesday, after nearly four years of political turmoil and ...
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Government agency pays $7.5M for former GM plant

Miami Herald - 28 Dec 2013 23:15
Caddo Parish's Industrial Development Board now owns the former General Motors facility in Shreveport.
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A Nashville Non-Profit Aims To Shrink Wall Street's Gender Gap Women represent just 6% of senior investment roles across all financial firms. A non-profit---based in Nashville---wants to change that.
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Drug Dealer Can't Deduct MBA

Forbes - 28 Dec 2013 20:33
Drug Dealer Can't Deduct MBA In Drug Sales or Any Other Business, Costs of Getting an MBA Can Sometimes Be Deductible if You Meet IRS Tests
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Replay, Restart, and Try Again: Video Game Wisdom For The New Year It is New Year's resolution time. Time to re-evaluate and restart for the coming year. Video games can be your guide.
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