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Business News

Location American Business News for 3 April 2014

Bitcoin Keeps Getting Smashed

Business Insider - 3 Apr 2014 05:02
Bitcoin Keeps Getting Smashed More pain for Bitcoin. You know the drill: There's a crackdown in China and there's the IRS and everything else. It's now down below $430.   Join the conversation about this story »     
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The Deepwater Building Boom

Forbes - 3 Apr 2014 23:58
The Deepwater Building Boom Oil and gas companies are plunging back into the deepwater of the Gulf of Mexico with massive infrastructure investments.
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How a High-Frequency Trader Guarded Its Algorithms

Wall Street Journal - 3 Apr 2014 06:01
The founders of new high-frequency-trading concern SXP planned to give profits to charity but instead stand accused of stealing algorithms from Quantlab, the powerful firm that fired two of them.
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Health Department Shuts Down Rat-Infested Dunkin' Donuts

Business Insider - 3 Apr 2014 21:21
Health Department Shuts Down Rat-Infested Dunkin' Donuts The New York City Health Department has reportedly shut down a Dunkin' Donuts in Manhattan after a video was posted to YouTube showing what appeared to be a rat crawling all over the store's bagels.  A sign hung in the ...
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A few weeks ago I wrote a post about why long term employment is dead and never coming back.  The crux of the article was long-term and lifetime employment are pretty much non-existent today and aren't showing any signs...
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HOUSE OF THE DAY: Entertainment Mogul David Geffen Supposedly Bought This Hamptons Compound For $67.5 Million Rumor has it that billionaire music producer and film studio exec David Geffen bought an East Hampton compound nestled between the beach and Georgica Pond for $67.5 million, according to real estate blogger The Real Est...
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Khosla Ventures' Keith Rabois finally launches his real estate startup Meet HomeRun, Keith Rabois' 11-year-old plan to streamline home sales.     
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The Audi TT's New 'Virtual Cockpit' Looks Incredible, But We're Puzzled By One Thing Audi recently introduced an all new instrument display for the company's upcoming 3rd generation TT sports car, and it is nothing short of stunning. Gone are the physical gauges and separate multimedia screens: In its pl...
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Metals Stocks: Gold steadies as jobs report looms

Market Watch - 3 Apr 2014 06:52
Until Wednesday, gold has been stuck in a five-day tailspin. Now, the precious metal may be starting a streak in the other direction, heading in to the key jobs number on Friday.
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Here is why the World Bank withheld aid to Uganda

Washington Post - 3 Apr 2014 23:57
World Bank president Jim Yon Kim stopped by The Washington Post on Thursday to chat about some of the changes under way as the bank moves to eradicate extreme poverty by 2030. Throughout discussions about energy projects...
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GM to Take $400m Charge for Venezuelan Currency GM to take $400m pretax charge for change in the value of Venezuelan currency
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Money Market Fund Assets Fall by $13.12 Billion Money market fund assets fall by $13.12 billion to $2.63 trillion for the week
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(Reuters) - A federal appeals court on Thursday threw out a $919.9 million jury verdict in favor of DuPont Co in a case over the alleged theft of trade secrets for a fiber used to make Kevlar bulletproof vests.
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Asian stocks at four-month high on US data

livemint.com - 3 Apr 2014 05:20
Asian stocks at four-month high on US data The yen languished at 10-week lows as equity markets rose, denting safe-haven demand for the currency
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DETROIT (AP) -- General Motors Co. says it will take a charge of $400 million pretax in the first quarter because of a change in the way it values Venezuela's currency.     
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Total U.S. money market mutual fund assets fell by $13.12 billion to $2.63 trillion for the week that ended Wednesday, according to the Investment Company Institute.     
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Netflix can bet on Lilyhammer, but live sports are way more important to streaming video Guest Post: 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. Lilyhammer, Game of Thrones, Ho...
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How To Make Your Next Business Pivot More Graceful You will be pivoting your business in your lifetime, whether you are a new startup, or a mature company like Motorola or IBM. You can count on it and plan for it, or you wait for the next survival crisis brought your way...
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Senate Finance Committee's Wyden Vows To Renew Expired Tax Extenders For Last Time Is your favorite expired tax break going to be renewed for 2014 or dropped forever?
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The no-homework policy (excerpt from Twitter founder Biz Stone's book) Guest Post: The point of this story isn't "cocky kid blows off homework and gets away with it," though on the surface that's exactly what happened.     
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Trivia app Quizup's branded categories & Google team-up hint at future money-making model Don't let cyber attacks kill your game! Join GamesBeat's Dean Takahashi for a free webinar on April 18 that will explore the DDoS risks facing the game industry. Sign up here. Trivia app Quizup today quietly expanded int...
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Among the companies whose shares are expected to see active trade in Friday's session are Micron, CarMax, and GrubHub.
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