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Business News

Location American Business News for 2 January 2014

These GIFs Show How Sriracha Sauce Is Made

Business Insider - 2 Jan 2014 21:00
These GIFs Show How Sriracha Sauce Is Made Sriracha has taken our taste buds hostage. Every single year, the company behind the beloved hot sauce, Huy Fong Foods, sees at least a 20% business increase. The sauce of sun-ripened chilies, garlic, and sugar, packaged...
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Billions Vanish in Banking Scandal

Wall Street Journal - 2 Jan 2014 16:29
Kazakhstan's BTA Bank accused its former chairman of fraud and embezzlement, sparking a legal drama that includes private eyes, gendarmes disguised as gardeners and billion-dollar court judgments.
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10 Ways Shopping At Wal-Mart In China Is Completely Different Than It Is In The US Wal-Mart just recalled donkey meat in China because it contained meat from other animals, including fox.  Despite the recent scandal, the mega-retailer has become wildly popular in China. Wal-Mart plans to open 110 addi...
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Alfred Marshall, Founder of Stores That Bear His Name, Dies at 94 Mr. Marshall parlayed a grocery store into a worldwide discount clothing retailer.     
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15 Quotes To Inspire You To Greatness in 2014 Sometimes we need an extra push to follow our dreams in the new year. Great quotes can inspire us, motivate us, and help us get through hard times. In 2014, it?s time to take your career to a whole new level. No more mak...
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Banker Aubrey Lee Price In Court After Being Accused Of Losing Millions BRUNSWICK, Ga. (AP) -- A south Georgia bank director accused of losing millions of investor dollars before vanishing is set to appear in court. The U.S. attorney's office in Savannah says 47-year-old Aubrey Lee Price is ...
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Dimon, Zuckerberg, Obama, Bezos, And More: Memorable Quotes Of 2013 It was a memorable year for the markets and major storylines, captured in the words of those who made the news.
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Case Study: A Business Owner Seeks an Alternative to Seven-Day Workweeks Carlos Vega, a New Jersey pizzeria owner, faced a decision: Should he expand his small restaurant or concentrate on selling his popular red sauce?     
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Snapchat Suffers Security Breach

TPM - 2 Jan 2014 23:54
NEW YORK (AP) -- Snapchat, the disappearing-message service popular with young people, has been quiet following a security breach that allowed hackers to collect the usernames and phone numbers of millions of its users. ...
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12 Genius Inventors That Totally Got Screwed Over

The Huffington Post - 2 Jan 2014 15:41
12 Genius Inventors That Totally Got Screwed Over Thomas Edison. Alexander Graham Bell. Steve Jobs. You've almost certainly heard of all of these guys before. But not all inventors become household names. Some, in fact, end up royally screwed over. Here are such some pe...
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Hollywood seeks to bolster California film and TV tax credit Film industry and union officials are backing legislation that would boost funding for California's film incentive program and lift some of its restrictions.Hollywood stakeholders are calling on California to bolster its...
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Cambodian troops quash protest at garment factory

Miami Herald - 2 Jan 2014 13:40
Cambodian troops quash protest at garment factory Cambodian soldiers forcefully quelled a demonstration by garment factory workers who were striking for better pay Thursday, detaining Buddhist monks and labor leaders.
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Tata Motors' domestic car and truck sales continue downhill trend Bearing the brunt of increasing competition, sales of passenger vehicles shrank 34% to 9,272 units from 14,185 units in Dec 2012
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5 Ways to Energize Your Brand and Fuel Innovation

The Huffington Post - 2 Jan 2014 04:49
5 Ways to Energize Your Brand and Fuel Innovation What's the key to being more innovative and how do companies and employees start heading in the right direction? These are two very tough questions to answer. Both are common discussions with companies that don't know ho...
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Adjustable-rate mortgages regain popularity as prices, rates rise In November, 11.2% of homes bought with loans carried adjustable-rate mortgages. That's double the rate of a year earlier.When Michael Shuken recently bought his family's first home, a four-bedroom in Mar Vista, his adju...
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One Step To A Great Customer Experience

Forbes - 2 Jan 2014 03:11
One Step To A Great Customer Experience Forbes: Answers from customer experience consultant Micah Solomon. Customer service author and speaker Micah Solomon on corporate cx and more
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Man Charged In $2 Million Fraud Of Boston Bombing Victims' Fund Sues Cops Who Arrested Him Man charged with fraudulent $2.2M claim to Boston Marathon victims' fund sues police BOSTON (AP) — A man charged with trying to bilk the Boston Marathon bombing victims' fund out of more than $2 million has filed a fed...
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MILAN/DETROIT
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Why China's Property Sector Could Be Worthless, One Day China's property sector may be worthless one day, if pollution continues at the same rate. Younger generations will opt to leave the country rather than move into polluted cities, depressing demand for real estate, and a...
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SEC's Mary Jo White wants companies to 'fess up

L.A. Times - 2 Jan 2014 02:00
SEC's Mary Jo White wants companies to 'fess up 'An apology is easy. We want you to admit what you did,' says SEC Chairwoman Mary Jo White, who has tried to stiffen the backbone of the agency.WASHINGTON — The woman who indicted Osama bin Laden wants to strike fear i...
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Gold prices started the New Year higher Thursday as the precious metal rebounded from its worst year since 1981.     
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Watchdog advises ending early look at jobs data

News Observer - 2 Jan 2014 23:55
A Labor Department watchdog has recommended ending a practice that allows reporters to review a key unemployment report before it is made public.
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