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Business News

Location American Business News for 3 June 2014
A 'Game Of Thrones' Actress May Be Giving Away Huge Spoilers On Her Instagram WARNING: There are major spoilers if you haven't seen Sunday's episode "Game of Thrones" is one TV's hottest shows right now, so fans are doing whatever they can to avoid spoilers. If that's the case, fans may want to st...
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The Fascinating Reason 'Blue's Clues' Host Steve Abruptly Left The Show At The Height Of His Career "Blue's Clues" was one of the most popular children's shows on Nickelodeon throughout it's decade-long run from 1996-2006. Steve Burns, who hosted the show, became a major celebrity among the younger crowds and was even...
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The 'Godfather Of Ecstasy' Dies At 88 -- And His Career Is Full Of Strange Surprises Alexander "Sasha" Shulgin, the inventor of more than 200 psychedelic compounds, died yesterday at 88. While Shulgin is best known for his work with the popular party drug Ecstasy (or MDMA), the anti-establishment scienti...
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Check Out Valve's Virtual Reality Prototype Featuring Two Samsung Galaxy S4 Displays You may have heard of the crazy-immersive Oculus Rift virtual reality headset, but gaming company Valve has also been developing its own VR headset for internal use and research purposes. Pictures of the device have been...
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On the eve of the 25th anniversary of the Tiananmen Square massacre, police have surrounded the Square and are preventing commemorative demonstrations of any kind. Hong Lei, a representative of the Chinese Foreign Minist...
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It's not easy these days to get a small-business loan. It's even harder if your skin isn't white. New academic research reveals that minority entrepreneurs are treated significantly differently (see: worse) than their wh...
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Is Apple finally relaxing its stance on Bitcoin apps?

Washington Post - 3 Jun 2014 17:31
In a potential course correction, Apple is opening to the idea of letting iPhone users make payments with bitcoins and other alternate currencies. The company's updated its developer guidelines to allow apps that "facili...
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BMW's stunning hybrid supercar

MoneyWeek - 3 Jun 2014 12:38
The new BMW i8 is the future of supercar design - sexy, yet surprisingly sensible. The post BMW's stunning hybrid supercar was first published on MoneyWeek.
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Volvo Plug-In Hybrid Defeats Range Woes, But Battery Capability Limited The choice is yours. You can be a purist and brag about zero emissions with a battery-only powered vehicle with limited and unpredictable range which requires an expensive charging network to make it viable. Or you can c...
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LinkedIn's CEO Uses This Management Trick To Avoid Feedback Confusion Jeff Weiner learned firsthand the potential pitfalls of dolling out take-it-or-leave-it input to team members. Several years ago, a LinkedIn employee told him that when Weiner would offer what he saw as casual feedback a...
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Three Startups Just Won An IBM Contest For Their Super Smart Apps (IBM) If you think a talking smartphone app like Siri see-saws between useful and disappointing, IBM has news for you: Watson could be the cloud service you are looking for. IBM is investing $1 billion into its super smart tal...
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U.S. Sen. Claire McCaskill (D-Mo.) called Tuesday for a review of counternarcotics contracts, after a Pentagon investigation found that Northrop Grumman and one of its subcontractors improperly charged the U.S. governmen...
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3 Important Lessons for This Generation of Entrepreneurs Check out these must know truths of about entrepreneurship today.
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DYK: These can bring down the resale value of your car Along with annual depreciation, there are certain other factors that can bring down the resale value
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4 reasons bootstrapping can be smarter than raising capital Guest Post: If you don't take early investment capital, you could wind up building a much stronger, smarter company. Here's why.
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Tobacco industry once had high hopes for marijuana business Richard Nixon was in the White House, his "war on drugs" was in full swing, yet Big Tobacco was secretly exploring the possibility of becoming Big Pot.
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An Entrepreneur's Prescription For Fixing Healthcare: Start Innovating! Jonathan Bush is CEO and Co-Founder of athenahealth, Inc., a cloud-based health technology and services company. In his recently published book entitled "Where does it Hurt?: An Entrepreneur’s Guide to Fixing Health Ca...
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DealBook: French Officials Twist U.S. Arms in Bank Inquiry

The New York Times - 3 Jun 2014 05:20
DealBook: French Officials Twist U.S. Arms in Bank Inquiry The French campaign has focused largely on the concern that BNP, unlike other big banks accused of doing business with Sudan and Iran, might be forced to suspend a core business operation in New York as a result of the g...
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Publix, AutoNation and Office Depot inched up the list of the country’s largest public companies by revenue.
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Manufacturing report error rattles Wall Street

New York Post - 3 Jun 2014 04:19
Manufacturing report error rattles Wall Street The economy is shrinking -- wait, it's growing! The Institute for Supply Management -- the pros who count the widgets -- on Monday botched its monthly calculation of how much...
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Bryan Shaw sentenced to prison in KPMG insider trading case A federal judge sentenced Encino jeweler Bryan Shaw to five months in prison Monday for his role in an insider trading scheme with a KPMG accountant that netted him more than $1.6 million in profits over a two-year perio...
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Y Combinator's 'board of overseers' plucks top execs from Airbnb, Dropbox, & others These tech executives' expertise will be crucial in helping Altman maintain the consistent results and pristine reputation YCombinator accrued under Graham's leadership.
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