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Business News

Location American Business News for 9 June 2014
Yes, Stock Moves Are Correlated With CEOs Using Private Jets To Go On Vacation David Yermack, a finance professor at New York University, has written a wonderful paper showing a correlation between the times CEOs take private jets to their vacation homes and movements in the company's stock. It is,...
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The iPhone's Battery Life Is Pretty Bad Compared To The World's Best Android Phones (AAPL) A test from PhoneArena confirms what many iPhone owners already know: It has horrible battery life. In a test comparing the iPhone 5S battery life to top-tier Android phones like the Samsung Galaxy S5 and HTC One, the iP...
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Activist hedge fund manager and outspoken critic of Herbalife Ltd. (NYSE:HLF) Bill Ackman said Monday that he expects authorities to arrest some people related to the company, according to an interview aired on CNBC. "I ...
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Can Central Planners Revive China's Economic Miracle? Below is the June 8th "Thoughts from the Frontline" newsletter, republished in full. By John Mauldin
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Spanish Home Price Decline Slows

IBTimes - 9 Jun 2014 17:31
Spanish house prices fell 1.6 percent in the first quarter, the slowest rate in more than three years for the market crushed during the financial and European debt crises that wracked the country for the past several yea...
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The right way to sell NPS and protect users

livemint.com - 9 Jun 2014 15:35
The right way to sell NPS and protect users Draft rules on distributing National Pension System and grievance redressal is a step forward
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World needs Saudi Arabia to supply record oil as OPEC convenes Saudi Arabia may need to pump a record 11 million barrels a day by Dec to cover other member nations, says Energy Aspects
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Jon Stewart Perfectly Mocks Liberals Who Deny Science

Business Insider - 9 Jun 2014 23:56
Jon Stewart Perfectly Mocks Liberals Who Deny Science Ignorance isn't limited by political boundaries. While some anti-science conservatives have been known to deny the facts of climate change, Jon Stewart had another target in mind on a recent show: the generally liberal, ...
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Here's Why Some Brazilian Politicians Could Want Their Team To Lose At The World Cup The 2014 FIFA World Cup kicks off in Brazil this week. Much has been written about the negative economic impact that major sporting events have on host nations.  But what about the political implications of the election...
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Apple's Share Split Hits The Market Monday

IBTimes - 9 Jun 2014 17:31
Apple Inc.'s (NASDAQ:AAPL) 7-for-1 stock split set last month takes effect Monday, so don't freak out when you see the shares trading for under $100 when the market opens. According to a report on SeekingAlpha.com last m...
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One Woman Took Drawings From 600 Little Kids And Turned Them Into Stuffed Animals In 2007, Wendy Tsao's then-4-year-old son kept drawing his "self-portrait," a stick man with big round eyes and ten long fingers. So Tsao thought it would be cool to create a "softie" (a stuffed animal/doll) based on the...
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Elon Musk May Give Away Its Tesla Supercharger Patents To Spur Electric Car Development Elon Musk has said repeatedly he wants to “do something controversial” with Tesla's collection of electric car patents, but he finally offered specifics at the UK launch of his Tesla Model S on Sunday.  The Tesla Mo...
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Oil futures climb toward $104 a barrel, set for their highest close in nearly two weeks as signs of improving economies in China and Japan and stimulus measures by the European Central Bank raise the outlook for energy d...
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The Critics Are Wrong: Google Glass Is Going To Be Huge, And Most People Have No Idea Why (GOOG) It is fashionable to laugh at Google Glass, the clumsy wearable computer that sits on your face like a pair of spectacles and uses one of the lenses as a screen. But this scorn is misplaced. Google Glass is going to be a...
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Fix goals and save systematically

livemint.com - 9 Jun 2014 15:35
Fix goals and save systematically The objective should be focal with an investment plan devoted to it
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If last week's full lineup of economic news failed to break gold out of its trading range, there doesn't seem to be much hope for the Monday session. And sure enough, prices are barely budging ahead of a much more sparse...
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If You Hate Haggling, This Is the Week to Buy a Car Edmunds.com is sponsoring the first-ever Car Week from June 9 to 15, promising buyers upfront, no-haggle, no-hassle pricing at dozens of car dealerships.
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With less than a month to go, California businesses are eager to qualify for a new state income tax credit.
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2
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Stock Bulls See More Reason for Optimism

Wall Street Journal - 9 Jun 2014 03:21
Longtime stock-market bulls are seeing even more reasons to stick to their guns.
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Chinese Internet entrepreneur Lin Qi's fortune slipped below the billionaire threshold on Friday after shares in his web gaming company Youzu Interactive lost 4.8% to 60.2 yuan at the Shenzhen Stock Exchange.
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Jobs Data Lift Emerging-Market Currencies

Wall Street Journal - 9 Jun 2014 02:54
Emerging-markets currencies climbed against the dollar on Friday after the U.S. jobs report, as traders bet improvement in the labor market in May wasn't strong enough to push the Federal Reserve to an earlier increase i...
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Watch: LIVE Ubisoft Conference at E3

Time - 9 Jun 2014 23:59
Watch: LIVE Ubisoft Conference at E3 Let the games begin!
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