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Business News

Location American Business News for 6 March 2014
How do all star entrepreneurs get unstuck and take their companies to the next level?
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Colo. Man's $42 Girl Scout Cookie Purchase Leads to $740 Debt Girl Scout cookies may be pricier than store-bought baked goods, but they shouldn't be 20 times the cost of what you intend to pay.
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Once companies start rolling, how do their fearless leaders stay motivated, maintain control and keep a handle on that oh-so-exhausting bottleneck in funding?
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BEIJING (AP) -- China's finance minister said Thursday that creating jobs is the government's priority this year and economic growth below the official target of 7.5 percent might be acceptable.     
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Private equity pioneer staying away from Russian investments Private equity pioneer Jay Jordan is close to closing a new $3.1 billion private equity fund -- but he is not going back to investing in Russia. Jordan Co. expects...
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Ukraine Crisis Forces K Street Firms Into Scramble To Save Millions In Business WASHINGTON -- As Russian forces storm through Crimea, Washington lobbying firms representing both the pro-Russian and pro-European factions in Ukraine are watching closely. The political proxy war they've been waging for...
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Chinese Twitter clone Weibo plots an $8B IPO in the U.S. Chinese microblogging service Weibo is poised for an initial public offering in the United States at an $8 billion valuation, according to data compiled by the financial intelligence firm PrivCo.     
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Business in emerging markets: Emerge, splurge, purge

The Economist - 6 Mar 2014 18:01
Business in emerging markets: Emerge, splurge, purge Faded prospects in China VODAFONE'S latest figures appear at first glance to vindicate the most powerful management idea of the past two decades: that firms should expand in fast-growing emerging economies. Sales at the ...
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How Pabst Blue Ribbon Became A Billion-Dollar Beer

The Huffington Post - 6 Mar 2014 16:47
How Pabst Blue Ribbon Became A Billion-Dollar Beer Pabst Brewing Co., the 170-year-old brewery that makes Pabst Blue Ribbon--known as "PBR" to the mustachioed cognoscenti--is for sale, Reuters reported over the weekend. And the expectation is that the company will fetch ...
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AmEx 'EveryDay' Card: How Good a Deal?

ABC News - 6 Mar 2014 14:41
AmEx 'EveryDay' Card: How Good a Deal? New, cash-back card charges no annual fee and offers customers attractive perks.
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Is Your Startup Considered "High Risk"?

Nibletz - 6 Mar 2014 07:33
All startups are high risk, in a sense. But some startups fall under the formal definition of “high risk,” where finances are concerned. These are the startups that deal with travel booking, adult encounters, e-cigar...
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The U.S. has frozen more than $458 million hidden in bank accounts in the Channel Islands and France by the former military dictator of Nigeria, Gen. Sani Abacha, the Department of Justice said Wednesday. The department ...
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Risky Business: The FDA And Drug Development For The Fatally Ill If you’ve ever waited for treatment in the ER—for yourself or perhaps for a child suffering a broken bone or an asthma attack—then you’re familiar with how agonizing it can be, knowing that the answer might be ju...
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February jobs miss would cloud QE reign

New York Post - 6 Mar 2014 05:05
February jobs miss would cloud QE reign Was it the weather, or not? Whether or not this brutal winter has been causing the economy to slow down will become a little clearer Friday. That's when the Labor...
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DealBook: Criminal Charges Expected for 3 Former Dewey & LeBoeuf Executives Three former top executives of the giant law firm that filed for bankruptcy protection in 2012 are expected to be charged on Thursday with misleading other lawyers and lenders about the financial health of the firm.   ...
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Ben Bernanke makes $250,000 for 40-minute speech

New York Post - 6 Mar 2014 04:23
Ben Bernanke makes $250,000 for 40-minute speech Ben Bernanke earned more in 40 minutes on Tuesday than he made all of last year as head of the Federal Reserve. Bernanke was paid at least $250,000 for his...
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Billionaire Musk makes push to launch military satellites The SpaceX chief urges U.S. to seek competitive bids for its space program. Los Angeles billionaire Elon Musk, chief executive of Hawthorne rocket maker SpaceX, testified before Congress that the U.S. Air Force and other...
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Supreme Court is unlikely to halt class-action stock fraud lawsuits U.S. corporations may fall short in a bid to get the Supreme Court to reverse a ruling that led to a flood of class-action cases against companies.WASHINGTON — Halliburton Co. and other U.S. corporations urged the Supr...
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(Reuters) - Rebounding auto sales and improving home sales and construction are good evidence that the Federal Reserve's super-easy monetary policy is boosting the U.S. economy, a top Fed official told a group of student...
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FAIRFIELD, Conn. (AP) -- General Electric CEO Jeffrey Immelt's compensation fell 7 percent last year to $19.2 million primarily because of a big drop in his long-term pay.     
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DealBook: The Author Behind @GSElevator Has Lost His Book Deal John Lefevre, the man behind the @GSElevator Twitter account, has lost his book deal after his true identity came to light.     
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New Jersey Explosion Serves As Reminder for Safety Vigilance

The Huffington Post - 6 Mar 2014 19:28
New Jersey Explosion Serves As Reminder for Safety Vigilance The terrible gas explosion in New Jersey on Tuesday serves as a stark reminder to consistently emphasize proper safety procedures when working around natural gas. While details surrounding the explosion are still unknown...
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