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Business News

Location American Business News for 29 January 2014

The New US Olympic Bobsledding Suits Are Insanely Tight

Business Insider - 29 Jan 2014 18:43
The New US Olympic Bobsledding Suits Are Insanely Tight Olympic bobsledder Lolo Jones is trying on the suit that the U.S. team will wear in Sochi on Wednesday, and it is skin tight. The suit was designed by Under Armour — which made similar aerodynamic suits for the speedsk...
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Bitter Medicine in Store for Activists

Wall Street Journal - 29 Jan 2014 04:26
As activist hedge funds step up their hunt for new targets, companies are bolstering their defenses.
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This Is The Best Explanation We've Seen For Why All Of Atlanta Is Stuck In Traffic A few inches of snow in Atlanta have led to gridlock, hundreds of accidents, and a baby born on the side of a highway in the past 24 hours.  The City knew the storm was coming, and has a new fleet of snowplows and vehic...
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Six Ways CrossFitters Are Like Entrepreneurs CrossFit gets mixed reviews from outsiders, but entrepreneurs secretly love it -- and that makes perfect sense.
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LIZ ANN SONDERS: I Don't Think The Secular Bull Market Is Over FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. LIZ ANN SONDERS: We Could See A 10% Correction, But The Bull Market Isn't Over (Investment News) S...
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If Henry Ford Could Pay a $15 Minimum Wage 100 Years Ago, So Can We In the State of the Union address tonight, President Obama is going to call for a national minimum wage of $10.10. Then in their response the Republicans will say that'd be a huge disaster that would make the Washington ...
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Did You Say Hardware Startups? Check Out This New Accelerator In Fog City From China A new launchpad for startups doing something other than mobile, social media or ecommerce opens in San Francisco, thanks to Liam Casey of PCH International, straight from Shenzhen, China.
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(Reuters) - Fannie Mae , the largest U.S. home funding source, said on Wednesday it plans to sell $500 million of benchmark bills on Wednesday.
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Obama pledges to act alone on economy

Market Watch - 29 Jan 2014 07:05
President Barack Obama vows aggressive action on helping the U.S. economy, saying he'll bypass Congress on key issues including creating a new retirement-savings program and raising the minimum wage for workers on new fe...
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This Might Sound Crazy, But There Are Reports Saying Lenovo Is Going To Buy Motorola From Google For $3 Billion There are two reports out now, one from Reuters and one from China Daily, that Lenovo is going to buy Motorola Mobility from Google for $2 billion to $3 billion. If the reports are true, this would be a huge writedown fo...
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These Are the Artists Getting Huge Sales Boosts From the Grammys A memorable performance or a big win at the Grammy Awards can lead to a large sales boost for artists. Early data show that Daft Punk, Taylor Swift and Kendrick Lamar were among the biggest financial winners from music's...
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Where do you draw the line between digital memorial and digital immortality? Eterni.me, a startup launching out of MIT's Entrepreneurship Development Program, claims it will bridge the divide with AI and the most persona...
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Turkey Shocks Forex Market As Fed Decision Looms This year was always going to be about the central banks and their interest rate decisions. So far, no asset class can be disappointed, because tagging along with central bank decisions is volatility, a word that could n...
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Lockheed Misses Earnings Guidance But Expects Higher Profits In 2014 Currently, the company gets around 85% of its revenues from the US government, including around 61% from the Department of Defense (DoD). We figure in coming years, this high share of international orders in its backlog ...
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100M Credit Card Victims Need to Check Their Cards Customers of three large retailers are at risk for credit card fraud.     
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Big Data's Dangerous New Era of Discrimination

Harvard Business Review - 29 Jan 2014 15:00
Where does value-added segmentation end and harmful discrimination begin?
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Gold futures look to end to a two-day losing stretch as focus turns to what the Federal Reserve will say about the U.S. economy.
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Meet The 'Bitcoin Millionaire' Arrested For Allegedly Helping Silk Road Launder $1 Million The Bitcoin community faces a major publicity crisis this week with the arrest of BitInstant CEO Charlie Shrem on charges of money laundering for users of the digital black market known as Silk Road. Shrem, though only ...
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'Fragile Five' Is the Latest Club of Emerging Nations in Turmoil The name identifies Turkey, Brazil, India, South Africa and Indonesia as economies too dependent on skittish foreign investment to finance their growth ambitions.     
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Rainforest Serenity in Thailand

Wall Street Journal - 29 Jan 2014 01:21
Nestled on Ko Chang island, this three-building villa offers a sweeping view of the Gulf of Thailand.
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New Study Says Divorce Rates Will Increase As Economy Recovers

The Huffington Post - 29 Jan 2014 00:50
New Study Says Divorce Rates Will Increase As Economy Recovers Divorce rates are climbing, and according to a new study, it could be because couples can finally afford to pull the plug on their marriage thanks to the rebounding economy. University of Maryland sociologist Philip N. C...
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State Of The Union Address Power Grab? Why Congress Can Blame Itself President Barack Obama and his handlers spent months signaling that the president intends to use his "pen" and his "phone" to implement a "Year of Action," and that if Congress doesn't like it, it can pucker up for his d...
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