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Business News

Location American Business News for 24 April 2014

An Artist Created Luxury Packaging For Everyday Items

Business Insider - 24 Apr 2014 21:16
An Artist Created Luxury Packaging For Everyday Items San Francisco's Museum of Craft and Design is debuting a new exhibit by Peddy Mergui that displays luxury branding covering everyday food items. In 'Wheat is Wheat is Wheat,' Mergui portrays dressed-up food such as Loui...
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Take A Look At Microsoft Co-Founder Paul Allen's Incredible Collection Of Landscape Art Forty European and American landscapes from the art collection of Microsoft co-founder Paul Allen will soon go on display at two art museums in the Pacific Northwest. The exhibit, called "Seeing Nature: Landscape Masterw...
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Merrill to Advisers: Find Your 'Noble Purpose'

Wall Street Journal - 24 Apr 2014 17:25
Merrill Lynch chief John Thiel is on a personal mission to get the firm's advisers to think beyond making money and more deeply explore why they do what they do. He asks them to ponder this question: "What is your noble ...
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Four Ways The Ukraine Crisis Could Escalate To Use Of Nuclear Weapons In 1983, the ABC television network broadcast a movie called The Day After about how a superpower nuclear exchange devastated the lives of typical Americans in two midwestern cities.  The conflict began with a Russi...
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The sharing economy: Boom and backlash

The Economist - 24 Apr 2014 17:01
The sharing economy: Boom and backlash AT LYFT'S base in Clara Street, in San Francisco, all is bustle. New staff are being shown the ropes. At least three dogs are tucked under desks or following their owners around. At 15,000 square feet (1,390 square metre...
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RBA held its nerve on rates, despite reported mumblings from Hockey Inflation fears fizzled after latest figures showed they were lower than expected
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Barclays AGM: shareholders large and small protest over pay and bonuses Major City investor, Standard Life, says £2.4bn bonus pool is 'not in the best interests of shareholders'
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Watch: Behind the Billions: 8 Things You Never Knew About Warren Buffett Rebecca Jarvis gets the inside scoop of what's in Warren's wallet and who he'd like to lunch with in Omaha.
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China's securities regulator consults large securities firms and fund companies regarding the proposed acquisition of a leading financial-software provider by Jack Ma, the founder and chairman of e-commerce giant Alibaba...
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Cyprus to gain from undersea gas field

CNN - 24 Apr 2014 06:44
It may be early days in the quest for energy underneath the crystal blue waters of the Mediterranean -- but the eventual bounty may be sizable for Cyprus.
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Amazon phone gets ready for debut

CNN - 24 Apr 2014 06:31
After more than two years of hints and leaks, the long-awaited Amazon phone appears to be almost ready for its debut.
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Subprime lending back to haunt

CNN - 24 Apr 2014 05:16
Subprime lending is back. CNNMoney's Christine Romans explains what it is.
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China to open 8 state industries for investment

Miami Herald - 24 Apr 2014 05:11
China's government says it will open 80 projects in eight state-run industries to private and foreign investors as part of efforts to make its slowing economy more productive.
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Allergan adopts 'poison pill' defense in Valeant takeover bid The Botox maker is allowing shareholders to buy Allergan stock at a steep discount if any single investor acquires more than 10% of its shares.Takeover target Allergan Inc., the company that makes Botox, has adopted a "p...
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Boeing profit falls 12.7% but it tops analyst forecasts Boeing earns $965 million in the first quarter, down from $1.11 million a year earlier. Revenue rises 8% as it ramps up production of jetliners.Boosted by strong sales, Boeing Co. beat analysts' estimates for its first q...
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Apple Inc. (Nasdaq:AAPL) had a record-breaking second quarter as international partnerships and iPhone sales boomed. The Cupertino, Calif., company's launch of an 8GB iPhone 5c in certain international markets in mid-Mar...
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Valeant's chief, J. Michael Pearson, has slimmed down the company, but been an aggressive acquirer, spending more than $19 billion on companies. Valeant now has Allergan, maker of Botox, in its sights.
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SAN FRANCISCO
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(Reuters) - Wal-Mart Stores Inc said former Chief Executive Officer Lee Scott and board member Chris Williams will not stand for re-election to the retailer's board.
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An improvement in business that began last year at Gome Electrical Appliances, the Chinese appliance retailer controlled by jailed Chinese billionaire Wong Kwong Yu, continued in the first quarter of 2014.
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Amazon Web Services is doing so well, it has nowhere else to grow Sure, Amazon's public cloud is still growing. But it needs to do more if it desires to surpass the best periods of growth.
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Among the companies whose shares are expected to see active trade in Friday's session are Microsoft, Amazon.com, Starbucks, and Pandora Media.
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