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Business News

Location American Business News for 3 February 2014

Russia Is Looking Bad

Business Insider - 3 Feb 2014 12:08
Russia Is Looking Bad A quick note on Russia. We've been saying that it's time to pay more attention again to the country's economic troubles. The Ruble has been getting smoked lately, and the country is suffering from many of the same forces...
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Volkswagen's Engineers Sprout Wings And Shoot Rainbows Out Of Their Butts In Super Bowl Ad Volkswagen is pulling the nostalgia card this year with its own spin on a scene from the Christmas classic "It's a Wonderful Life." In VW's 60-second ad, produced by Argonaut, a father tells his jaded teenage daughter th...
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Behind Sochi's Futuristic Logo

The New Yorker - 3 Feb 2014 20:36
Behind Sochi's Futuristic Logo Anyone who has watched an Olympics whose vision is sharp will notice that the logo for Sochi 2014—which appears in every stadium, on every ticket, and on tens of millions of dollars’ worth of Olympic merchandise—is...
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How When Harry Met Sally Explains Inequality

The Atlantic - 3 Feb 2014 15:00
A new study says that educated people marrying each other has increased inequality by 25 percent.     
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It is becoming increasingly dangerous to maintain secret offshore accounts. 106 Swiss banks have signed non-prosecution agreements agreements to provide the data on their American customers by a date certain.
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This Simple Tax Error Is Costing You $2,800 “Tax” has become a four-letter word in political discourse, but whether you think companies should pay less or rich people should pay more, there’s one thing most Americans can agree on: They’d be happy if their ...
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Sign of the times: Super Bowl ads safer and staid

Miami Herald - 3 Feb 2014 23:58
Sign of the times: Super Bowl ads safer and staid As Super Bowl ads go, so goes America.
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ALBANY, N.Y. (AP) -- The federal trustees who will determine General Electric's liability for harm done to the Hudson River's natural resources are accusing the company of being misleading in its own assessment.     
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LONDON (AP) -- The former boss of the BBC has apologized for the failure of its digital media plan, which wasted almost 100 million pounds ($163 million) of taxpayer funds.     
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Accounting firm expands, makes room for chickens

News Observer - 3 Feb 2014 07:00
In September, Laura Harper took her 15-year-old accounting firm Netaganza, moved it into a bigger space and opened Urban Chicken NC, which carries feed and supplies for chickens, goats, horses…
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At DC, Comic Book Covers Get Cross-Marketing Role

The New York Times - 3 Feb 2014 04:40
DC Comics is using its covers to promote Scribblenauts Unmasked, a video game released by Warner Bros. Interactive Entertainment last year, as well as a line of toys that will come out this month.     
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The NFL Network Basically Shut Down During The Super Bowl

Business Insider - 3 Feb 2014 02:37
The NFL Network Basically Shut Down During The Super Bowl The NFL Network took a unique approach during the Super Bowl, basically turning itself into a web page that is doing nothing but showing the scores and some basic stats. With all football fans watching the Super Bowl, th...
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A minor dispute between a group of elderly Korean immigrants in the New York City borough of Queens and the local owner of a well-known fast food establishment revealed some cultural fissures that would otherwise have go...
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Coca-Cola 'America the Beautiful' Super Bowl Ad Celebrates Diversity, Twitter Racists Explode (VIDEO) Coca-Cola generally draws on cuddly polar bears and other heartwarming imagery for its Super Bowl commercials and this year was no exception -- or was it? Coke's stirring "It's Beautiful" spot featured Americans of all d...
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Here's The First 'Transformers' Trailer Shown During The Super Bowl This is probably one of the most anticipated trailers during the Super Bowl.  Paramount revealed its first look at the new "Transformers" sequel starring Mark Wahlberg in the titular role.  Wahlberg replaces Shia LeBeo...
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See If You Can Guess All The '80s Pop Culture References In RadioShack's Super Bowl Ad RadioShack is trying to make a comeback this year, as shown in its amusingly self-deprecating ad. The store welcomes your jokes that it's stuck in the past (it still has "radio" in its name), but it is proclaiming that i...
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China Now Guzzles More Red Wine Than Any Other Country In The World: Quartz The world's biggest red wine drinking country isn't France, Italy, or the US. According to a report released by Vinexpo and International Wine and Spirits Research (IWSR), China now guzzles 1.9 billion bottles a year--mo...
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16 Crazy Anecdotes About Sex In The Olympic Village

Business Insider - 3 Feb 2014 23:58
16 Crazy Anecdotes About Sex In The Olympic Village In 2012 ESPN's Sam Alipour wrote a fantastic article on the ungodly amounts of sex and partying that goes on in the Olympic Village. Alipour spoke with a bunch of former Olympians, who revealed all sorts of details abou...
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Starwood Waypoint: The Facebook Of Real Estate? Today Starwood Property Trust (NYSE:STWD) spun-out Starwood Waypoint Residential Trust (NYSE:SWAY), which is focused on rentals of single-family homes. The company is now one of the largest publicly traded operators in t...
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Where Are The Deals? How VCs Identify The Next Generation of Startups You’ve probably read dozens of articles about how to raise capital from venture capitalists. However, as a venture capital fund, we have the opposite problem: how do we find companies in which to invest?
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A Tale of Two Dry-Cleaners  I was in a meeting of small business owners when one owner suddenly broke into tears. He owned a multi-store dry-cleaning business that he desperately wanted to be continued as a family legac...
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How To Start A Winery In Napa If You Can't Afford $100K An Acre How do you start a decent winery in California these days? Unless your family’s been making wine in Napa or Sonoma County for decades or you’re looking into winemaking as an expensive hobby, stumping up $100,000 an a...
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