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Business News

Location American Business News for 29 April 2014
2013 Business Intelligence And Analytics Market Share Update: SAP Continues Market Leadership $14.4B was spent worldwide on Business Intelligence (BI) and analytics enterprise software in 2013, increasing 8% from $13.3B in 2012.   SAP continues to solidify its market leadership in BI and analytics, generating $...
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SEC Commissioner Issues Scathing Dissent From Ruling, Elizabeth Warren Echoes Concern Securities and Exchange Commissioner Kara Stein on Monday denounced the regulator's decision to continue providing special benefits to a big bank after its conviction for manipulating interest rates. The SEC spared Royal...
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Man Whose Wife Was Murdered Writes Eye-Opening Account Of Seeing Her Killer In Court When Thomas Meagher heard the man charged with raping and murdering his wife speak in court, he had a horrifying realization — the suspect seemed like a human and not a monster. Here's what Meagher wrote in a post publ...
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6 Word Puzzles That Only Finance Geeks Will Understand

Business Insider - 29 Apr 2014 03:14
6 Word Puzzles That Only Finance Geeks Will Understand Click for the story > Join the conversation about this story »
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Tax Geek Tuesday: Tax Planning For Mergers And Acquisitions, Part II Last week, in Part I of the epic mini-series that is this edition of Tax Geek Tuesday, we addressed taxable mergers and acquisitions. As promised, today we will take on the tax-free reorganization provisions of Section 3...
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Al Qaeda Offshoot Crucifies Two Men In Syria

Business Insider - 29 Apr 2014 23:25
Al Qaeda Offshoot Crucifies Two Men In Syria The jihadist Islamic State of Iraq and the Levant announced it had executed seven prisoners in its bastion in northeastern Syria on Tuesday, two of them by crucifixion. ISIL, which has been disavowed even by Al-Qaeda, sa...
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China Sets Its Sights High

Forbes - 29 Apr 2014 23:10
China Sets Its Sights High It is practically a foregone conclusion in aviation circles that China eventually will learn how to build safe and efficient world-class civil aircraft exportable worldwide. But the country’s plan to build a new large-...
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Will Twitter's Q1 earnings meet Wall Street expectations? Wall Street will soon learn whether Twitter CEO Dick Costolo's recent efforts to turn Twitter into Facebook is working. Costolo has been furiously rolling out tweaks to the micro-blogging site...
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* Ups dividend to 9.75 cents from 9.5 cents per share * Q1 profit $3.2 bln vs $3.1 bln consensus forecast * Rosneft contribution down 75 pct vs. Q4 2013 * Shares up 0.8 pct (Adds analyst comment, share price) By Sarah Yo...
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MtGox May Not Be Dead Yet

Business Insider - 29 Apr 2014 05:00
MtGox May Not Be Dead Yet A group of investors that includes a former Hollywood child actor are attempting to hit the emergency stop button on MtGox's liquidation.  Late Monday, Sunlot Holdings announced it had arranged a settlement in two class...
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DealBook News Analysis: Bank of America's Bad Accounting

The New York Times - 29 Apr 2014 04:10
DealBook News Analysis: Bank of America's Bad Accounting If a new accounting rule had been in effect, it appears that Bank of America could not have made the mistake that caused it to suspend a planned dividend increase and share buyback.
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GOSSIP: Here's The Totally Ridiculous Reason Facebook Wants To Charge $2.5 Million For Video Ads (FB) I had lunch in San Francisco with a source close to Facebook today, and we got chatting about who really advertises on the social network. A huge aspect of Facebook's business revolves around small- and medium-size busin...
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DealBook: Head of Barclays' U.S. Business to Step Down

The New York Times - 29 Apr 2014 17:03
DealBook: Head of Barclays' U.S. Business to Step Down Hugh E. McGee III will leave his post on Wednesday, even as the bank prepares to create a new holding company for its American business by July 2016.
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Asian shares cautious before key events

livemint.com - 29 Apr 2014 05:16
Asian shares cautious before key events Australian stocks rise ahead of what is expected to be another round of record profit results by the country's major banks
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Energy Future Holdings set to file for bankruptcy

New York Post - 29 Apr 2014 04:24
Energy Future Holdings set to file for bankruptcy The company acquired in the biggest leveraged buyout ever was set to file for bankruptcy Monday evening, two sources told The Post. KKR, Goldman Sachs Capital Partners and TPG Capital...
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Blaming winter for bland economy numbers

New York Post - 29 Apr 2014 04:23
Blaming winter for bland economy numbers On Wednesday, everyone on Wall Street will be talking about the weather. No, it's not going to snow. But snow will be important to the discussion because Wednesday is when...
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Herbalife plays hardball with buybacks

New York Post - 29 Apr 2014 03:53
Herbalife plays hardball with buybacks Herbalife, the controversial nutritional supplements company, is pulling out all the stops to buy back its shares as the cost of its battle with activist Bill Ackman and multiple regulators...
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Sanctions Over Ukraine Cause Headaches in the Energy Sector

The New York Times - 29 Apr 2014 03:19
Sanctions Over Ukraine Cause Headaches in the Energy Sector With the latest round of sanctions over the Ukraine crisis, relationships between Russian state-owned businesses and large multinational companies look increasingly complicated.
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Reforming The FDA Can Save $900 Million Annually And Generate $4 Trillion In Annual Social Value Without a doubt, one of the most important American regulatory bodies is the FDA. As the agency charged with ensuring the safety of everything from the protein shake you drank after the gym to the ibuprofen you take the ...
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SaaS security startup Vorstack reaps $5.2 million

Venture Beat - 29 Apr 2014 23:40
SaaS security startup Vorstack reaps $5.2 million Los Altos-based SaaS security startup Vorstack secured $5.2 in venture funding to build out its SaaS security platform Tuesday.
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How Factual's location data comes in handy for startups Emu & Shopular (exclusive) Location data is becoming more valuable for more companies' applications. And with the potential for serving smarter ads, there's plenty more upside.
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Twitter's revenue stream shows why the Gnip deal makes sense Gnip has been growing, unlike Twitter's data processing business.
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