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Business News

Location American Business News for 2 June 2014
Several Dead As 'Freak' Sandstorm Blankets Tehran, Iran [PHOTOS] A massive "freak" sandstorm has hit Tehran, Iran, bringing high winds and knocking out power in 50,000 homes, Agence France Presse reports. At least three people have died and dozens more were injured in the storm, which...
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MAP: Here's Where You Should Move If You Want The Most Sunshine Where you live makes a big difference in how much sunlight you'll see each year. Data from the Centers for Disease Control and Prevention, mapped by Metric Maps and posted on Reddit, shows sunshine patterns across the ...
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All The New Features In iOS 8--Apple's Next Big iPhone Update As expected, Apple just unveiled iOS 8 at its annual developer's event. The next major software update for iPhones and iPads will be released later this year, most likely in conjunction with Apple's next iPhone. The upgr...
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(Reuters) - Media reports about an insider trading investigation of golfer Phil Mickelson, sports bettor Billy Walters and activist investor Carl Icahn have derailed government efforts to secretly deploy wiretaps, the Wa...
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Higher subsidy, production decline drag down Oil India Firm disappoints even reduced hopes because, apart from lower production, it faced a higher subsidy burden in March quarter
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A Research Firm Has Made A Shocking Claim About Today's Bad Manufacturing Report... May ISM manufacturing was reported at 53.2, a three-month low.  But on Twitter, research firm Stone McCarthy said it believes ISM used the wrong seasonal results, and as a result, the headline May ISM reading is incorr...
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Study Examines Efficacy of Taxes on Sugary Drinks

The New York Times - 2 Jun 2014 06:01
Study Examines Efficacy of Taxes on Sugary Drinks A system that is based on calories rather than size would be fairer to consumers and could curb consumption, according to research financed by an organization that advocates the tax.
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Scots Are Divided Over Independence, and Its Economic Costs

The New York Times - 2 Jun 2014 03:10
Scots Are Divided Over Independence, and Its Economic Costs Voices inside and outside Scotland warn of the implications of independence, even as its supporters say Scotland would be better off by itself.
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Power Connecting Lessons For Social Entrepreneurs From Judy Robinett Judy Robinett, known for years for her titanium rolodex, has recently shared her secrets for power connecting in her new book, How to Be a Power Connector: The 5-50-150 Rule. Social entrepreneurs and nonprofit leaders ne...
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Andy Murray And His Opponent Wore The Same Outfit As Brands Take Over The French Open As the French Open marches toward the quarterfinals and weaker players are weeded out, the ugly side of pro tennis is starting to reveal itself in the former of cookie-cutter outfits. Seventh-seeded Andy Murray took to t...
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China's Factories Picked Up Steam In May

IBTimes - 2 Jun 2014 17:31
China's factories produced the most goods they have turned out in five months during May, giving hope to some observers that the world's second-largest economy is recovering from a sluggish start to the year. "The Chines...
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Oil futures edge lower Monday, as an earlier boost from better-than-expected Chinese manufacturing data fades in the wake of a disappointing U.S. manufacturing report.
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Construction Spending Rises 0.2% (ITB, XHB)

Business Insider - 2 Jun 2014 15:56
Construction Spending Rises 0.2% (ITB, XHB) Construction spending climbed 0.2% month-over-month, missing expectations for a 0.6% rise. But there was a huge upward revision to March's data, with construction spending up a revised 0.6%, compared with an initial read...
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The Weekend Is Over And Markets Are Higher

Business Insider - 2 Jun 2014 04:15
The Weekend Is Over And Markets Are Higher Asian markets are up after China’s official manufacturing PMI climbed to a five-month high of 50.8 in May. The State Council in China also announced additional policy easing measures on May 30. Premier Li Keqiang promi...
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Asian stocks higher after record Wall Street close

News Observer - 2 Jun 2014 04:04
Share prices rose cautiously in Asia on Monday, after the Dow Jones index closed last week at a record high and market players waited for a U.S. jobs report later…
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Can This Be Good? China Looks To Build Out Risky Derivatives Market China looks to triple size of risky derivatives market.
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A Rare Look At The Ornate Interior Of The Woolworth Building The nine-story penthouse at the iconic Woolworth Building in Lower Manhattan is expected to hit the market for a record $110 million. The new unit is one of 34 apartments being developed by Alchemy Properties, with price...
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Montreal Student Says Her High School Dress Code Is 'Shaming Girls For Their Bodies' A female high school student in Montreal is fighting back against a set of dress code rules that she says is "shaming girls for their bodies." Beaconsfield High School junior Lindsay Stocker told Global News she was "hum...
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North Carolina's power plants will be expected to reduce their carbon emission rates 40 percent by 2030 under the Obama administration's plan to curb greenhouse gases released Monday.
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The company acquired PrecisionDemand that will be integrated into Adap.tv and AOL's ONE advertising platform. Adapt.tv is one of the biggest platforms for buying inventory on digital video, and through this acquisition i...
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Solar Stocks: Get Ready For A Roller Coaster Ride

Bidness etc. - 2 Jun 2014 17:03
Year-to-date, the Guggenheim Solar ETF (TAN) increased 14%, outperforming the SPDR S&P 500 ETF Trust (SPY), which increased 4.8% to close at an all-time high on Friday. However, since March 7, the solar industry exchange...
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The CEO's D-Business Dilemma

Forbes - 2 Jun 2014 16:07
By Peter Sondergaard
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