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Business News

Location American Business News for 19 March 2014
The Justice Department has reached a $1 billion agreement with Toyota to resolve concerns over how the company responded to consumer complaints about rapid acceleration in some models five years ago, federal officials co...
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The 10 Best Beaches In The World

Business Insider - 19 Mar 2014 03:55
The 10 Best Beaches In The World In order to celebrate the impending end to this nightmare of a winter, why not grab your passport and head to sunnier shores?  TripAdvisor just came out with their Travelers' Choice Awards for the best beaches around ...
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Sneak Peak: Hong Kong's Billionaire Fong Family Readies A Second Boutique Hotel After success with the Hotel Madera opened in 2012, the Fong family's Hip Shing Hong Group is gearing up to open the Madera Hollywood in October this year. Here's a sneak peak at the inside.
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Keystone XL Opposition Persists In Nebraska As Some Landowners Grow Apathetic LINCOLN, Neb. (AP) -- If the proposed Keystone XL oil pipeline ever gains approval, Ronald Weber will watch from his farmhouse as workers lay the line beneath a half-mile of his cropland in northeast Nebraska. The 69-yea...
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Watch: Janet Yellin Discusses Policy Meeting at 1st Press Conference The chair of the Federal Reserve says the committee will no longer tie its decision on short-term interest rates to the unemployment rate.
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Carl Icahn Wants eBay To Take 20% Of PayPal Public

Business Insider - 19 Mar 2014 22:43
Carl Icahn Wants eBay To Take 20% Of PayPal Public In his most recent open letter to eBay shareholders, activist investor Carl Icahn outlined the plan for splitting PayPal and eBay that he's been hinting at for weeks.  He thinks that eBay should go through an initial pu...
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Carl Icahn Has a New Plan to Spin Off PayPal Activist investor Carl Icahn has hatched a new plot in his ongoing quest to get eBay to spinoff its online payment service PayPal. In a letter to eBay shareholders released Wednesday, Icahn advocates for a partial IPO of...
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WASHINGTON
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The billionaire investor lays out his scenario for a partial separation between the companies
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Banking powerhouse JPMorgan Chase & Co. (NYSE:JPM) has agreed to sell its commodities business to giant Swiss commodities house Mercuria Energy Group Ltd., reports the Wall Street Journal.
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U.S. Housing Starts Fall Slightly

Wall Street Journal - 19 Mar 2014 05:55
Unseasonably cold weather appears to have chilled new-home construction in February, but underlying figures suggest building could be poised for a spring rebound.
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How To Make Millions In The App Store, According To The Guy Who Made The Original Viral iPhone Game Doodle Jump Five years ago, Doodle Jump appeared in the iPhone's App Store. Players took control of a simplistic little alien creature that would jump from platform to platform destroying obstacles in its path. Created by brothers I...
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How Google uses data to combat human trafficking

Venture Beat - 19 Mar 2014 22:07
How Google uses data to combat human trafficking Google Ideas takes a data-driven approach to expose and address shadowy fields like human trafficking and drug rings.     
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KATMANDU, Nepal (AP) -- The streets were mostly deserted in Nepal's capital of Kathmandu on Wednesday for a general strike to protest a hike in fuel prices.     
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For the first time in a few years, the voices of those predicting a sharp fall in Chinese home prices are growing louder than those defending the sector as robust, reports Caixin Online.
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Japan posts 20th straight monthly trade deficit

Miami Herald - 19 Mar 2014 04:37
Japan posts 20th straight monthly trade deficit Japan reported its 20th straight monthly trade deficit in February as soaring energy imports continued to offset the value of exported goods.
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WELLINGTON, New Zealand (AP) -- In another sign of growing economic ties, China on Wednesday allowed its currency to be directly traded with New Zealand's.     
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The Most And Least Generous People In Tech

Business Insider - 19 Mar 2014 03:34
The Most And Least Generous People In Tech Inside Philanthropy has come up with a new list of the most generous donors in tech, basing the ranking on the size of their donations relative to their overall wealth.  The names who made the list may seem surprising,...
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7 leading theories on disappearance of Flight 370

Miami Herald - 19 Mar 2014 23:55
7 leading theories on disappearance of Flight 370 Countless theories have surfaced about the disappearance of Malaysia Airlines Flight 370 nearly two weeks ago.
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Hackers compromise EA website, use it to steal Apple IDs (report) An EA games server has been hacked and is being used to host a phishing site that steals Apple IDs, according to a report from security firm Netcraft.     
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Among the companies whose shares are expected to see active trade in Thursday's session are Lennar, Nike and ConAgra Foods.
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How soccer and theater helped Irrational create BioShock Infinite's Elizabeth These are some of the many tricks that Irrational Games used to make Elizabeth seem more real to players.     
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