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Business News

Location American Business News for 22 May 2014
The Russian Prime Minister's Office Is Decked Out With Surprisingly Old-School Technology Russian Prime Minister Dmitry Medvedev gave the newspaper Komsomolskaya Pravda a tour of his office and showed off some of his stuff including some surprisingly old school electronics, his direct line to President Vladi...
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What The iPhone 6 Will Look Like Next To Its Rivals From Samsung (AAPL) The big excitement around Apple's fall product release will be the size of the new iPhone, which everyone expects will be called iPhone 6. The persistent rumors are that the new iPhones will come in two sizes, 4.7 and 5....
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HOUSE OF THE DAY: This $29 Million Historic Mansion In The Hamptons Is An Absolute Stunner If you're going to buy in the Hamptons, you might as well go big. The Pond House by Georgica Pond in East Hampton is was recently listed for nearly $29 million. Everything from its high ceilings to the front portico giv...
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It Takes A Crazy Amount Of Time For Jennifer Lawrence To Get Into Her Blue 'X-Men' Makeup When "X-Men: Days Of Future Past" rolls into theaters this weekend, you'll see a lot of Jennifer Lawrence dressed from head to toe in blue. The actress reprises her role of shapeshifter Mystique from "X-Men: First Class,...
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They're on the go, living their lives on smartphones and using social media. They're skipping the doctor more and more, relying instead on pharmacists for medical advice. And they want to save money.
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MEXICO CITY -- The crisis in Ukraine may create an opportunity for Mexico. Because the European Union depends on Russia for almost a quarter of the gas it needs, the instability is fueling Europe's desire to find other p...
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Target data crisis haunts Q1 earnings, with 16% drop

New York Post - 22 May 2014 03:16
Target data crisis haunts Q1 earnings, with 16% drop It's official: This is going to be another year Target misses its mark. The embattled retailer slashed its full-year profit outlook Wednesday on a quarterly earnings drop, signaling that a...
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This Software Glitch From The 1970s Could Suddenly Affect Every Computer On The Planet In 2038 Remember how panicked we all were about the Y2K crisis back in the year 2000? Everyone freaked out because computers only used two digits to represent a year in their internal clocks, so Jan. 1, 2000 would also be 1/1/00...
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Hotel with exclusive indoor water park is rising near Disneyland A big hotel with its own indoor water park is being built near Disneyland as a growing Wisconsin resort operator brings a new tourist attraction to Southern California.
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China's JD.com to debut on Nasdaq

BBC - 22 May 2014 03:17
China's JD.com to debut on Nasdaq Chinese online retailer JD.com raises $1.8bn in its US share sale, valuing the company at more $25bn according to underwriters Bank of America and UBS Investment Bank.
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The Apple-Beats Deal Is Happening, But Not For Reasons You Might Think A source confirmed to TechCrunch today that Apple's Beats deal is in fact happening. But Apple doesn't want beats for its technology; it wants Beats because of the talent.  "They want Jimmy and they want Dre," the sourc...
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Lessons From America's Greatest Investment Tragedy

The Huffington Post - 22 May 2014 23:28
Lessons From America's Greatest Investment Tragedy By Morgan Housel Benjamin Roth wasn't a professional writer or investor. But he wrote one of the most instructive investment books ever published. Roth, an Ohio lawyer, kept a diary during the Great Depression, writing s...
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Bank of England head warns insurers

BBC - 22 May 2014 17:25
Bank of England head warns insurers The Bank of England's governor has warned insurers that the Bank will hold them to account in the same way that it regulates bankers.
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Vietnam offers help to riot-hit companies

Miami Herald - 22 May 2014 06:23
Vietnam has offered tax breaks and other incentives for companies whose factories were damaged or destroyed during anti-Chinese riots last week.
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The long investigation of JPMorgan's hiring practices in China has reached a milestone: A Hong Kong anti-corruption organization has formally arrested Fang Fang, the bank's former vice president of investment banking in ...
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Spotify boasts 10 million paid subscribers

New York Post - 22 May 2014 04:20
Spotify boasts 10 million paid subscribers STOCKHOLM-- Spotify AB has more than 10 million paying subscribers and more than 40 million monthly active users, the company said in a rare update of its usage data on...
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VIDEO: Singapore vs Hong Kong: who wins? For the sixth year running Singapore has been nominated the best place in the world to do business, but Hong Kong is hot on its heels.
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The Man Who Invented The Computer Password Admits That It's Become A Nightmare It hasn't been a great year for cyber security so far. Between the massive Heartbleed bug that was discovered in April, and numerous password breaches, the most recent coming from eBay, it's clear that there are some ser...
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Media Companies Join to Extend the Brands of YouTube Stars

The New York Times - 22 May 2014 04:05
Media Companies Join to Extend the Brands of YouTube Stars Keywords Press will release six to 10 titles annually, both in print and digital formats.
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New GM recall affects 200K more vehicles

New York Post - 22 May 2014 03:44
New GM recall affects 200K more vehicles General Motors Co. is recalling more than 218,000 older Chevrolet small cars in the US and its territories due to a potential fire hazard, bringing US recalls this year to...
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DealBook: Web Retailer JD.com's I.P.O. Shows a Hunger for China The initial public offering for JD.com was priced at $19 per American depositary share, valuing the company at nearly $26 billion.
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Go online during TV commercials? This startup wants those ads to follow you everywhere Paris-based startup TVTY has just nabbed $4.5 million to lower the chances that you can avoid ads from a specific company by going online during TV commercial breaks. “TV viewers are looking at another screen during yo...
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