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Business News

Location American Business News for 18 May 2014
Century Books founders Judith and Steve Marosvolgyi on the same page The gig: Judith and Steve Marosvolgyi are the founders of Century Books, a used bookstore on Green Street in Pasadena. Judith and Steve were voracious readers while growing up in their native Hungary. After defecting to ...
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Banking on the new government

livemint.com - 18 May 2014 16:04
Banking on the new government The government will need to quickly clear stalled infra projects, which will have a multiplier effect on other sectors and help boost bank credit growth
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Here's What It's Like To Take A Helicopter To The Best Surf Spots In Alaska [PHOTOS] When one thinks about surfing, the first place to come to mind probably isn’t Alaska. Adventure photographer Scott Dickerson is trying to change all of that.  Dickerson has been photographing and surfing in Alaska for...
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Goldman Just Hacked Its Forecasts For US Housing And GDP Growth Lately, various housing-market metrics such as existing-home sales, new-home sales, and mortgage applications have all been flagging. We also recently learned that the U.S. homeownership rate was at a 19-year low, and so...
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Undeterred by Crimea, Western investors are still in the game for Russian startup deals Launched in 2008 by Stanford graduates Maxim Faldin and Kamil Kurmakaev, Wikimart had the initial ambition of creating a Russian analog of eBay. Heavily funded by major U.S. investment funds, the startup has now become a...
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Fundamentally, Bush believes that the marketplace, for lack of a better word, is good. "The marketplace works," he explains. "It rewards innovators, kills laggards, and provides consumers with better value and more choic...
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SAN MATEO, California
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What I Wish I'd Known After Graduation: A Startup Guide Dear Recent College Grad and Aspiring Entrepreneur,
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The Fed's Swollen Balance Sheet Has Its Uses

Business Insider - 18 May 2014 17:02
The Fed's Swollen Balance Sheet Has Its Uses Among the many questions surrounding the Federal Reserve’s programme of quantitative easing (QE) is what will happen to the vast stockpile of bonds it has accumulated in its efforts to lower interest rates. Officials a...
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An electric guitar played by George Harrison on British television before the Beatles' U.S. "invasion" fetched $657,000 at auction on Saturday in New York, topping pre-sale estimates, Julien's Auctions said.
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Warren Buffett's 10 most valuable stakes

USA Today - 18 May 2014 07:30
The Oracle of Omaha stayed true to his investing philosophy last quarter despite a volatile market.
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Ex-Florida Governor Calls For US To End Cuba Embargo

Business Insider - 18 May 2014 00:48
Ex-Florida Governor Calls For US To End Cuba Embargo A former Florida governor who is seeking re-election said Saturday he was in favor of lifting a US embargo on Cuba. Washington has had an economic embargo clamped on the communist-run Caribbean country since 1962, and th...
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AT&T plans to acquire DirecTV for $48.5B -- with a net neutrality promise AT&T agreed today to acquire satellite television provider DirecTV for about $48.5 billion. The acquisition, announced via a press release, will close only if approved by regulators. Both companies approved the transacti...
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Life360 founder calls patent holder 'Piece of sh*t.' Lawsuit ensues Life360 founder Chris Hulls has faced his share of patent shakedowns before — at least three or four, by his count. But when the latest patent holder, AGIS, sent his company a notice alleging that Life360 was infringin...
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What is Atari in 2014? New chief says it's 'way, way' beyond T-shirts and licensing The new owner of Atari discusses the direction of the classic video game brand.
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Your Dream Job in China: $55K To Be The Contemporary Marco Polo When Marco Polo travelled to Hangzhou, China 700 years ago, never had he thought he’d be creating a dream job of social media ambassador in 21st century China.
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Poll: Majority of Americans support net neutrality (if they know what it is) Of Americans who know enough about net neutrality to have an opinion, a slim majority support the regulation. Most don't know enough to offer an opinion (57%), but knowledgeable respondents favor net neutrality 23% to 19...
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A recent covert to social media marketing, Mark L. Poniatowski, reported in on his immediate success using just the basic networking tools LinkedIn provides. He reaped a 10x ROI in just a month of working that social med...
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Want 113,000 Rabidly Active Twitter Followers? Check Out This Guru's Surprising Path You might be surprised to learn how Steve Farnsworth earned over 113,000 highly engaged Twitter followers. His bonafides reflect his followers' hyperactivity. Steve was named by Forbes as a Top 50 Social Media Influenc...
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Philly's Unusual Startup Accelerator Is Ready For Its Next Act FastFWD, Philadelphia's unusual "super-group" accelerator, just held its first investor pitch day--and is ready for its next cohort.
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Preorders for Wolfenstein: The New Order will now get you Doom 4 beta access Next Tuesday's release of Wolfenstein: The New Order now comes with free beta access to 2014's Doom 4.
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Wall Street: Three Charts That Don't Add Up

Forbes - 18 May 2014 17:22
Wall Street: Three Charts That Don't Add Up Anyone who followed the action on Wall Street closely last week can’t help but be puzzled by three charts that are inconsistent with what’s going on in the rest of the US economy.
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