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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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Switzerland votes on minimum wage

BBC - 18 May 2014 06:40
Switzerland votes on minimum wage Swiss voters will decide in a referendum on Sunday on whether to introduce what would be the highest minimum wage in the world.
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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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Do This To Control Your Emotions And Gain The Upper Hand In Negotiations Are you able to keep your emotions in check when negotiating that big deal? It can be a struggle not to let natural human sensations negatively impact what you say or how you react. The best way to manage, and harness, y...
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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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Rich list: 'The richest people in Britain have had an astonishing year' Combined wealth of Britain's 1,000 richest people has risen 15.4% on last year's total, to £518.975bn
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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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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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Samsung ups marketing/branding blitz: Heathrow Terminal 5 renamed Terminal Samsung Galaxy S5 Samsung is ready to take over Terminal 5 at London's Heathrow Airport. The move, for two weeks, renames the terminal "Terminal Samsung Galaxy S5."
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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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Bank chief warns over housing market

BBC - 18 May 2014 07:03
Bank chief warns over housing market The governor of the Bank of England gives his strongest warning yet about the dangers to Britain's economy posed by the booming housing 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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The Midcounties looks to expand reach with new political 'campaigns fund' Fund intended to open doors to more organisations, with the Midcounties' donations currently limited to the Co-op party
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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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Wallace and Gromit creators want to help your kids learn to code Aardman Animations, the animation company behind Wallace and Gromit, is trying to get kids into coding.
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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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