Business News
Au Revoir, Entrepreneurs
The New York Times - 22 Mar 2014 18:33
Saying their own country stifles new business, French innovators are finding opportunity elsewhere -- especially in London.
Malaysia Airlines Admits The Plane Was Carrying Flammable Lithium-Ion Batteries As Cargo
Business Insider - 22 Mar 2014 12:36
Malaysia Airlines has now confirmed that Flight 370 was carrying lithium-ion batteries in its cargo hold, the Daily Mail reports. This new fact could bolster the theory that the plane was brought down by a fire rather t...
Here's How Poorly Most Young Adult Adaptation Movies Perform At Theaters
Business Insider - 22 Mar 2014 21:07
"Divergent" is out in theaters this weekend and the film has a lot weighing on it. It's the next big young adult movie adaptation to hit the big screen with Hollywood hopes of being the next money-making franchise. The ...
'Ominous Mood' Descends On Crimean Town As Russia Takes Hold Of Air Base
Business Insider - 22 Mar 2014 20:06
At least two people were wounded Saturday after Russian forces used four armoured vehicles to seize one of Crimea's last Ukrainian military outposts, the Washington Post reports. The Post reports that an "ominous mood" w...
Facebook begins to assert itself in mobile advertising analytics
Venture Beat - 22 Mar 2014 18:00
Connect with leaders from the companies in this story, in real life: Come to the fourth annual VentureBeat Mobile Summit April 14-15 in Sausalito, Calif. Request an invitation. Facebook likes the mobile advertising space...
Billion Dollar Bracket Dream Busted Because March Is Mad And Warren Buffet Is Not
The Huffington Post - 22 Mar 2014 06:52Cross-country charity bike ride for Merrimac man
Miami Herald - 22 Mar 2014 06:05
Keith Harris will spend his summer in a much different way than other people. He won't be visiting the beach or hanging out at backyard barbecues. He'll be spending much of it alone — and he's grateful for that.
Web Pioneer Keeps Faith, and Cash, in Bitcoin
Wall Street Journal - 22 Mar 2014 06:01
Internet pioneer Marc Andreessen is doubling down on bitcoin in a bet widespread adoption of the currency will fuel the growth of new businesses and technologies.
Why Most People Fail To Cash In On Their Dream Idea
The Huffington Post - 22 Mar 2014 05:04
It seems like everyone wants to be an entrepreneur and get rich these days. As a business mentor, I sometimes feel besieged by people begging for my view and support of their latest idea. In reality, I like most ideas, b...
Morgan Stanley fires broker arrested for stock fraud
New York Post - 22 Mar 2014 04:10
Morgan Stanley has fired broker Vladimir Eydelman, the 42-year-old New Jersey man arrested Wednesday by FBI agents on securities fraud charges. The investment bank had placed the broker on leave...
G.M.'s Bankruptcy Drawn Into Defect Inquiry
The New York Times - 22 Mar 2014 04:00
Federal authorities are investigating whether the company failed to disclose in its landmark bankruptcy filing the defects that have now led to the recall of 1.6 million cars.
Skadden Arps settles 'Ponzi' suit for $4.2M
New York Post - 22 Mar 2014 03:54
Skadden Arps, the white-shoe Manhattan law firm that represented Alphonse "Buddy" Fletcher's failed hedge fund empire, has agreed to pay $4.25 million in a settlement agreement with some of those...
Warren Buffet-Backed BYD May Lose $12.1M Deal In Long Beach
Forbes - 22 Mar 2014 03:39
Chinese electric car maker BYD Co. Ltd. is at risk of losing a $12.1 million contract to make ten electric buses for the city of Long Beach, a deal it had hoped would boost its U.S. operations.
GM sued by investor over slow ignition fix
Reuters - 22 Mar 2014 03:01
(Reuters) - General Motors Co and its Chief Executive Mary Barra are being sued by an investor for failing to adequately address known defects in its cars that led to the recall of over 3.1 million vehicles, according to...
Blatter: No comment on Qatar 2022 payment claims
Miami Herald - 22 Mar 2014 02:16
FIFA President Sepp Blatter refused to comment on allegations linking Qatar's winning 2022 World Cup bid to payments received by voters.
Appeals Court Upholds Current Fees on Debit Card Purchases
The New York Times - 22 Mar 2014 02:12
The banks were victorious in the latest round over swipe fees the financial institutions charge retailers.
Rising interest rates slow down housing sales
Washington Post - 22 Mar 2014 02:07
The super-low mortgage rates that tens of millions of Americans locked in during the refinancing boom are now discouraging many of these borrowers from buying another home and giving up those loans. The multi-year refina...
Gwyneth Paltrow Buys Malibu Estate For $14 Million
Forbes - 22 Mar 2014 01:43
Gwyneth Paltrow and her Coldplay rocker husband Chris Martin have just spent $14 million on a seaside escape in Malibu. First reported by The Real Estalker, Paltrow and Martin purchased ‘The Garwood Residence,’ des...
US Navy hands oil tanker to Libya
Boston - 22 Mar 2014 23:55
TRIPOLI -- American sailors handed over control of a captured North Korean-flagged oil tanker to Libyan forces while in international waters Saturday. Ayoub Qassem, a spokesman for the Libyan navy, said that the tanker, ...
U.S. regulators failed to spot deadly GM defects that others saw
Reuters - 22 Mar 2014 23:54
WASHINGTON/CHICAGO
What The Heck Is Netflix CEO Reed Hastings Up To?
Business Insider - 22 Mar 2014 23:49
Last month, Netflix and Comcast announced that they have come to an arrangement that should ensure quality television and movie streams for Comcast customers for the foreseeable future. Here are the basics: Netflix w...
Why so few women are in leadership positions at the world's largest tech incubator
Venture Beat - 22 Mar 2014 23:02
"When there is an application from a woman, we look at it very closely. We would like to raise the quota of women within the company."