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Business News

Location American Business News for 10 February 2014
A Wild New Internet Drinking Game Had This Teenage Girl Strip Down And Chug A Beer In A Crowded Supermarket There's a new horrifying drinking game making global headlines that's already taken the lives of several young adults and the dignity of some who survive. It's called #NekNominate or #NekNominations (hashtag used for soc...
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China's demand for gold exceeded 1,000 metric tonnes (1,102 short tons) for the first time in 2013, a 41 percent leap from 2012, the China Gold Association said. The surge in gold consumption, fueled by a 28 percent slid...
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Church scam investors may be repaid by end of 2014

Miami Herald - 10 Feb 2014 22:24
Thousands of devout investors who lost savings after a southern Indiana brokerage persuaded them they were helping to build churches may soon get some money back.
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The Life And Sudden Death Of 'Flappy Bird': How A Guy Making $50,000 Per Day Grew To 'Hate' His Own Game Flappy Bird, the latest mobile craze, launched less than one year ago. At its peak, it was generating about $50,000 per day. It was run by one man, Dong Nguyen, an indie game developer in Vietnam. If you've never played,...
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How Flexible Work Culture Can Make Business More Social Ten years ago, I met a woman working in the kitchens of my son’s school. Prior to having children, she had been a high flying professional. This, she told me, was the only job she could find with the flexibility she ne...
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It's no secret that Americans eat a lot of pizza. In fact, around 13 percent of the country is eating a slice or two on any given day, according to a recent report from the USDA: It all adds up to a lot of calories: On a...
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Gold mining equities have become attractive to investors once more, after spending years out of fashion as respectable investments, given corporate governance problems and ballooning capital budgets.
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BEIJING/HONG KONG
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CONCORD, N.H. (AP) -- The New Hampshire Insurance Department is holding a public hearing to explain the standards it uses to approve provider networks for health insurance plans.     
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Toyota in Talks on Final Settlements Over Car Recalls

The New York Times - 10 Feb 2014 06:59
Toyota in Talks on Final Settlements Over Car Recalls In one case, Toyota is nearing a deal with the Justice Department to settle a criminal investigation over the way the automaker disclosed complaints stemming from the sudden acceleration of its vehicles, according to two...
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Gay Rights at Sochi, Round One

The New Yorker - 10 Feb 2014 20:09
Gay Rights at Sochi, Round One Hudson Taylor, the only head of a United States-based gay-rights group to attend the Sochi Olympics during its first weekend, was back home in New York late Sunday night. He told me in an e-mail that he was satisfied so ...
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An iPhone 5S With Flappy Bird Installed Is Selling For $99,900 On eBay An iPhone 5S with the suddenly rare Flappy Bird game already installed is selling for $99,900 on eBay. You should presume many of those bids are fake. Since indie game developer Dong Nguyen removed Flappy Bird from the A...
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Goldman Sachs Chief Economist Proposes A Simple Fix To The Fed's Biggest Problem The biggest unknown in the world of monetary policy today is the amount of slack in the U.S. labor market. Unemployment has been plummeting over the past few years as workers have exited the labor force, but inflation re...
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LONDON/MADRID
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Snowboarders Call Sochi's Halfpipe 'Garbage,' Blast Organizers For Being Too Cheap To Build It Right U.S. snowboarder Danny Davis unloaded on the organizers of the Sochi Olympics for building a low-quality halfpipe. In an interview with Yahoo's Jeff Passan, Davis called the halfpipe at the Rosa Khutor Extreme Park "garb...
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Turkey Struggles to Protect Its Lira

The New York Times - 10 Feb 2014 06:30
Turkey Struggles to Protect Its Lira The frenzy of currency traders at Istanbul's Grand Bazaar is a demonstration of how the value of Turkey's money is determined largely by events beyond the country's control.     
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Asian stocks gain ahead of new Fed chief comments

Miami Herald - 10 Feb 2014 05:49
Asian stock markets were mostly higher Monday as investors looked ahead to Janet Yellen's first comments before Congress as the new Federal Reserve chairwoman.
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New Zealand rebukes Japan in whaling row

Boston - 10 Feb 2014 05:00
WELLINGTON, New Zealand (AP) -- New Zealand has sharply criticized Japan for allowing a whaling ship to enter New Zealand's economic waters.     
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Fight Over Minimum Wage Illustrates Web of Industry Ties

The New York Times - 10 Feb 2014 03:49
Fight Over Minimum Wage Illustrates Web of Industry Ties The Employment Policies Institute, an economic research center that has warned of increasing the minimum wage, is run by a public relations firm that represents the restaurant industry.     
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Four Buys Among Dow Stocks

Forbes - 10 Feb 2014 22:32
Despite the majority of stocks being overvalued, you can still find buys. Here are four.
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Lear Corporation (LEA) announced that its Board of Directors has increased its quarterly cash dividend on the Company's stock to $0.20 per share from $0.17 per share, an increase of 18%. The dividend is payable on March ...
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Bill Keller Leaving The New York Times For Nonprofit Journalism Organization Bill Keller, the former executive editor of The New York Times, announced that he is leaving the paper to join a nonprofit journalism organization. The Times published a story about the move on Sunday night. Keller will ...
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