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Business News

LocationAmerican Business News for 21 Mar 2014

Foreign equity is good, but beware of risks

livemint.com - 21 Mar 2014 15:36
Foreign equity is good, butUse overseas funds to diversify across geographies, but exhaust domestic options first
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19 Extraordinary Women In Silicon Valley Tech

Business Insider - 21 Mar 2014 03:30
19 Extraordinary Women InIt was an exciting year for tech in Silicon Valley, so we've decided to highlight a few women who we think have had particularly awesome achievements. They've created interesting startups, snagged new... positions at great companies, and have had major milestones at their own. Aarthi Ramamurthy Founder, Lumoid Aarthi Ramamurthy is one of the most notable female entrepreneurs out there today. She spent six years at Microsoft working on its popular Visual Studio software development tool and on Xbox Live.  Before founding Y Combinator-backed Lumoid, a startup for letting people test-drive electronics before buying them, she co-founded a bra-fitting company called True&Co. Grace Garey Co-founder and marketing, Watsi This year, Watsi became the first charitable company to raise over $1 million...
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Mark Zuckerberg Shows Up At The White House

Business Insider - 21 Mar 2014 23:38
Mark Zuckerberg Shows Up AtA week after Facebook CEO Mark Zuckerberg called President Obama to express "frustration over the damage the government is creating for all of our future," Zuckerberg, along with top executives from... other tech giants, are meeting at the White House to discuss "issues of privacy, technology, and intelligence." The full list of attendees was undisclosed, but sources told Politico that both Zuckerberg and Google chairman Eric Schmidt were slated to attend. Yahoo CEO Marissa Mayer was also invited to attend, but she wasn't able to make the trip on such short notice, according to another source. According to the following tweet, Zuckerberg was cutting it close, arriving just 6 minutes before the meeting was scheduled: I spy Mark Zuckerberg of Facebook arriving outside the West Wing 6mins before...
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Silicon Valley is more thanLike this story? Want to meet the people in it? Come to our fourth annual VentureBeat Mobile Summit April 14-15, for face-to-face discussions with 180 top executives. Request an invitation. Over the... past few years, San Francisco has gradually started ...     
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Hours after Turkey's prime minister vowed to "eradicate" Twitter, Turkish Internet users began to experience widespread disruptions Thursday while trying to access the popular social networking... website.
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Starbucks will expand its evening alcohol and light bites menu, which includes bacon-wrapped dates and Malbec wine, to thousands of stores, Chief Operating Officer Troy Alstead said in a phone…
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LOS ANGELES (AP) -- Microsoft Corp., which has skewered rival Google Inc. for going through customer emails to deliver ads, acknowledged Thursday it had searched emails in a blogger's Hotmail account... to track down who was leaking company secrets.     
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The 7 Worst Stereotypes Professional Women Face

Business Insider - 21 Mar 2014 22:54
The 7 Worst StereotypesSheryl Sandberg's "Lean In" has sold over 1.5 million copies worldwide and her organization of the same name is now stirring up more controversy about the negative stereotypes women continue to face... with its "Ban Bossy" campaign, which contends that girls are called "bossy" for the same behaviors that signal leadership qualities in boys. The campaign has brought the conversation about gender inequality back into the mainstream and placed a spotlight on residual biases against professional women. In a recent Quora thread, users addressed the question, "What are some of the ways women are discriminated against that men are often aware of?" We've highlighted the recurring stereotypes that professional women still deal with in the workplace: They are expected to have kids and quit their jobs....
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The Most Valuable Startups Right Now

Business Insider - 21 Mar 2014 22:19
The Most Valuable StartupsAirbnb is reportedly in talks to get new funding at a $10 billion valuation. That would vault Airbnb to the top of the startup valuation rankings, as you can see in this chart from Statista.  Join... the conversation about this story »     
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Certified coffee, sometimes known as "sustainable" coffee, has a long way to go before it becomes a dominant industry norm, despite significant efforts by leading coffee companies and certifiers.... Companies like Starbucks Corporation (NASDAQ:SBUX) boast that 93 percent of their coffee is ethically sourced, and that by 2015 that'll become 100 percent.
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A few times a week, Mimoun Boutarrite makes the drive from Meknes to Ain Leuh, in Morocco's Ifrane provice. The drive takes him through the Atlas moutains and lush green fields that now support... colorful fruit trees on land that was once empty or filled with wheat fields. An electrical engineer by trade, he's now retired and spends much of his time checking in on hundreds of cherry trees. Boutarrite is the founder and president of the Anarouz Association, a co-op for local cherry farmers that started in 2010.
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WASHINGTON
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Arizona Senate passes $9.2 billion spending plan

Miami Herald - 21 Mar 2014 05:03
The Arizona Senate gave final approval to a $9.2 billion spending plan for the coming budget year late Thursday, potentially setting the stage for an early close to the Legislature's 2014 session.
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General Motors CEO Mary Barra is set to testify next month before a House of Representatives panel probing the delayed recall of 1.6 million cars with defective ignition switches that have been linked... to a dozen deaths, the committee said Thursday.     
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California consumers won't be able to purchase some types of rat poisons after July 1 because state regulators have determined that the chemicals in them pose a danger to pets and wildlife.
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A Surprising Bargain at Tiffany: Its Stock

Wall Street Journal - 21 Mar 2014 02:19
Ahead of the Tape: Call the retailer's share price an affordable luxury.
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NEW YORK -- Digital discount broker E*Trade Financial Corp on Thursday bid farewell to the precocious baby who starred in the television commercials advertising its trading platform for the last seven... years.     
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Wind Industry's NewWith new technology, the industry has been able to produce more power at lower cost by capturing the faster winds that blow at higher elevations.     
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There's Been A Big Breach OfThe Social Security numbers and billing information of hundreds of thousands of patients in San Francisco and Los Angeles have been stolen after a break-in at a billing contractor. The information was... stored on computers that were stolen from Sutherland Healthcare Solutions in Torrance, Calif., which provides billing services for the health departments of Los Angeles County and San Francisco. The breach affects 55,900 patients in San Francisco and 168,500 patients in Los Angeles County. Most of the affected patients are uninsured, according to a press release from the San Francisco Department of Public Health.  Personal information that was compromised includes names, billing information, some social security numbers, dates and locations of services, and dates of birth. The theft...
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Easier Rules Lure Foreign Firms to List in U.S.

Wall Street Journal - 21 Mar 2014 23:54
Looser corporate-governance standards are luring foreign companies to U.S. markets, a development causing concern among some large investors.
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NASA's new flower-shapedNASA’s Jet Propulsion Laboratory released a concept earlier this week for a new sunflower-shaped spaceship that will take actual photographs of planets outside our solar system. While scientists... have been able to detect planets for years, obtaining real photos hasn’t ...     
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Youth Culture: Uniting Nations Through Hip-Hop

The Huffington Post - 21 Mar 2014 23:53
Youth Culture: Uniting NationsFrom anti-American riots to United States product boycotts, depictions of today's international youth can often show discontentment with American culture, business and policies. While this segment may... protest in the streets, they will still pay homage and respect to early hip-hop pioneers reigning from New York City. For decades, hip-hop has broken down political barriers and tension with international countries. After significant global crises, the United States attempted to reposition and market itself to international markets by showcasing qualities of religious freedom and a diverse culture. Despite millions of dollars invested, these messages were not well received and failed to present the U.S. in a more positive light. The solution for influence and effective messaging rests in the...
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WASHINGTON (AP) -- The White House says it won't push back the March 31 deadline to sign up for coverage under President Barack Obama's health care law. But if you already started an application, you... may get some extra time to finish it.     
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RALEIGH, N.C. (AP) -- North Carolina regulators said Friday they have asked a judge to withdraw a proposed settlement that would have allowed Duke Energy to resolve environmental violations by paying... a $99,000 fine with no requirement that the $50 billion company clean up its pollution.     
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Making the Gradual Retirement of a Co-Founder Work

The Huffington Post - 21 Mar 2014 23:49
Making the Gradual RetirementMost people look forward to retirement. They can't wait to play more golf with their pals, travel, hang out with the grandchildren, perhaps spend more time on non-profits, and generally pursue a more... relaxed lifestyle. But some of us don't really want to retire. Like my partner, with whom I co-founded our finance services company. David is in a very slow process of retiring. It was inevitable that he would leave the company before me: He is 20 years older. This age difference is among the reasons that our pairing has been so successful; we have drawn clients from different generations, and David's age enhances his aura of statesmanlike wisdom. Slow retirements of senior executives present some of the same challenges to organizations as typical departures, and certain unique ones. For...
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