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Business News

Location American Business News for 1 May 2014
In China, Online Shopping Is Now More Popular Than Social Networking [CHART] Online shopping is one of the fastest-growing Web activities in China, with nearly half of Internet users in the country now shopping online.  Roughly 618 million people in China used the Internet last year (approximate...
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The One Thing That Scares Neil de Grasse Tyson About Being On TV Long before Neil de Grasse Tyson hosted Fox's successful documentary series "Cosmos," he was more famous for his work in the science community as a leading astrophysicist, author, and educator. But it wasn't easy for...
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The Abandoned Silverdome Looks Post-Apocalyptic

Business Insider - 1 May 2014 20:36
The Abandoned Silverdome Looks Post-Apocalyptic It's only been 12 years since the Detroit Lions vacated the Pontiac Silverdome for Ford Field in downtown Detroit. In the dozen years following the departure, the Silverdome has slowely but surely morphed into a post-apo...
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Steven Spielberg Published This Awesome Ad Congratulating George Lucas When 'Star Wars' Beat 'Jaws' -- And Started A Tradition It's well known that George Lucas and Steven Spielberg are close friends, so when Lucas' "Star Wars" eclipsed Spielberg's "Jaws" as the all-time box-office leader back in 1977, Spielberg took out a full-page ad in Variet...
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(Reuters) - The Coca-Cola Co is likely to revise its controversial equity compensation plan for executives before it goes into effect in 2015, following pressure from Warren Buffett, the Wall Street Journal reported, cit...
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The Perfect Storm -- Why The Sale Of The Clippers Will Likely Surpass $1 Billion Donald Sterling stands to make a huge profit off of his original $12.5 million investment to purchase the Los Angeles Clippers in 1981. But if he is forced to sell now, he stands to lose hundreds of millions more as the ...
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General Motors managed to steer its way through a minefield of bad publicity last month over its 2.6-million vehicle recall, to rack up a 7-percent increase in U.S. sales in April.
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US plays delusional economic numbers game

New York Post - 1 May 2014 05:03
US plays delusional economic numbers game This may be the quickest economic recovery on record. At 8:30 Wednesday morning the Commerce Department announced that the US economy barely grew in the first three months of 2014....
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See How A Toy Factory In Malta Makes Millions Of Plastic Playmobil Men Every Year [PHOTOS] Playmobil turns 40 this year.  The toy figurines have become iconic since their inception. Playmobil products are manufactured in Malta by German toy company Geobra Brandstatter. The company previously made plastic toy...
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JPMorgan's Poker-Playing Head VIX Trader Jeremy Wien Leaving To Join Och-Ziff JPMorgan vice president/head of VIX trading Jeremy Wien is leaving the bank to join hedge fund giant Och-Ziff, according to a memo obtained by Business Insider. At his new job at Och-Ziff, Wien writes that he will be tra...
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The Alarming State Of Ukraine -- And Unnerving Threats From Russia -- In One Map The crisis in Ukraine continued to escalate on Thursday, as Russian President Vladimir Putin demanded Ukraine pull its military forces from some of its eastern regions.  Clashes intensified in the eastern city of Donet...
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The 12 Best Margaritas In New York City

Business Insider - 1 May 2014 22:29
The 12 Best Margaritas In New York City Despite the ongoing lime shortage, bars around the city will be serving up tequila shots and margaritas all day on Monday for Cinco de Mayo. So in anticipation of the May 5th celebration, we took an office poll and made ...
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Google Can Now Track Where You Parked Your Car

Business Insider - 1 May 2014 17:25
Google Can Now Track Where You Parked Your Car Google Now, the digital assistant that comes with Android phones, just added a parking detector to its search function. The new parking card lists the address of the place where you left your car, along with a map that s...
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Gold prices fall after the Federal Reserve decides to continue trimming its bond-buying program by $10 billion a month, with attention turning to the next batch of economic reports leading into the jobs numbers.
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AT&T has approached DirecTV about a possible acquisition of the satellite TV firm, the latest sign of a possible shake-up in the television industry, reports The Wall Street Journal.
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WGN-Ch. 9's Dan Ponce buys Irving Park house

Chicago Tribune - 1 May 2014 07:00
Morning news co-anchor and wife pay $615,000 for house in Irving Park neighborhoodWGN-Ch. 9 morning news co-anchor Dan Ponce and his wife have traded up on the North Side, paying $615,000 for a new three-bedroom house in...
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Report: large employers could shift nearly all workers’ health coverage to marketplace by 2020 A new investor report predicts that Standard & Poor's 500 companies could shift 90 percent of their workforce from job-based health coverage to individual insurance sold on the nation's marketplaces by 2020.
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House flipping becomes more profitable

Market Watch - 1 May 2014 06:01
If you've been dreaming of fixing up a home and unloading it for a tidy profit, now may be the time to do it
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China manufacturing growth weak in April

Miami Herald - 1 May 2014 05:10
Chinese manufacturing grew weakly in April, suggesting a slowdown in the world's second-largest economy is stabilizing, an industry group said Thursday.
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IP management company Lecorpio hauls in $10 million it 'didn't even need' SaaS software play Lecorpio snares $10 million in venture funding it didn't even need.
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The next Call of Duty is teased for May 4 revelation Activision is nearing an announcement of the next Call of Duty game.
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Chef Emeril Lagasse speaks to a room of back of house and front of house staff members with the same enthusiasm he has when he’s kicking it up a notch on television. The pep talk ends with a group huddle. And, with abo...
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