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Business News

Location American Business News for 11 June 2014

One Simple Number Determines How Cool You Are On Instagram

Business Insider - 11 Jun 2014 21:14
One Simple Number Determines How Cool You Are On Instagram According to teenagers, determining how cool you are on Instagram comes down to one number: Your "Cool Ratio." Introduced to us by a 12-year-old kid named Josh who was sitting next to the author of this post at a bus sto...
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Robert De Niro Really Drove An NYC Cab To Prep For His 1976 Role In 'Taxi Driver' Robert De Niro was nominated for an Oscar for his 1976 leading role in "Taxi Driver," about a Vietnam veteran working as a night-time cab driver in New York City to battle his insomnia. Perhaps De Niro was so convincing...
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A Step-By-Step Guide To How McDonald's Fries Are Made

Business Insider - 11 Jun 2014 23:49
A Step-By-Step Guide To How McDonald's Fries Are Made McDonald's sells 13 billion servings of fries every year.  And the fast food giant has the system for the signature item down to a science.  McDonald's Canada has a great video that breaks down the process of making th...
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5 Investors Who Move The Market

Forbes - 11 Jun 2014 23:06
5 Investors Who Move The Market 5 'Market Movers' with more control than seems fair.
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The Wars In Iraq And Syria Have Merged Into A Single Conflict After this week, it no longer makes sense to think of the civil conflicts in Iraq and Syria as separate events. They are now a single war, both in their operational details and in the broader forces driving both conflict...
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Google's latest acquisition -- Skybox -- will allow the world's largest Internet search provider to collect and provide data from the sky.
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Russia gives Ukraine more time to reach gas deal

Miami Herald - 11 Jun 2014 08:03
Russia's gas giant has given Ukraine another week before it will start demanding prepayment for gas, without which it has threatened to cut off supplies.
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L&T Finance Holdings falls over 5% on lower share sale price Share price falls after the company set a floor price at a discount of 9.7% to its Tuesday's close
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The 'Transfer Of Wealth' Trap: Why Causes Should Probably Ignore The Big Numbers This is my second "transfer of wealth" cycle.
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Gold futures head higher for a third session in a row, buoyed by renewed worries over global growth prospects, weakness Palladium continues to surge amid a South African miners' strike.
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Borrow, Return, Repeat

The Huffington Post - 11 Jun 2014 17:12
Borrow, Return, Repeat In this borrowing economy, companies attempting to be the "Netflix of the some new good or service" seems to be the new norm, especially with respect to luxury e-commerce sites. Rent the Runway (dresses), Bag Borrow or S...
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Future Retail rings in debt reduction plan

livemint.com - 11 Jun 2014 16:07
Future Retail rings in debt reduction plan The company can now issue equity of upto `2,000 crore and utilize at least three-fourths of proceeds to cut debt
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Seventeen years after Hong Kong's transfer to Chinese sovereignty, concerns are growing in the former British colony about democratic rights and freedoms.
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Walmart's dirty secret

New York Post - 11 Jun 2014 06:01
Walmart's dirty secret Walmart has low prices -- unless you're talking about the prices of its top execs. That's the message from the retail giant's independent shareholders, with more than a third of...
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Here's what Dr. Dre and Beats headphones bring to Apple Dr. Dre has been compared with Steve Jobs as both being workaholic perfectionists. Apple hopes that Dr. Dre will help the company regain its "cool" factor against rival Samsung.
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Music biz invokes streaming boom to nudge radio into paying its share The music industry group behind the Grammy Awards wants radio stations to start forking over royalties to the songs' performers. Music streaming companies like Pandora and Spotify already pay performers...
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Sentencing of ex-SAC trader Martoma delayed

New York Post - 11 Jun 2014 04:40
Sentencing of ex-SAC trader Martoma delayed Convicted insider trader Mathew Martoma has been given almost seven more weeks to ponder his fate. The former SAC Capital portfolio manager's sentencing -- originally scheduled for June 10 --...
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Top Global Real Estate Markets For Affluent Chinese According to Chinese real estate listings firm, Juwai, these are the top 10 countries China's wealthy are house hunting. To the world, China is an emerging market. But to China, the world is an emerging opportunity. Here...
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Look Out Main Street, Alibaba Is Moving In

Forbes - 11 Jun 2014 23:28
Look Out Main Street, Alibaba Is Moving In China’s Alibaba Group has been gathering attention in the US for some time.  Its impending Initial Public Offering (IPO) is expected to potentially be the biggest in history, even if, as was reported in Bloomberg, it ...
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Facebook overhauls Embedded Posts with killer new features Facebook upgrades Embedded Posts with slick new features while giving a nod to reporters with FB Newswire.
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BitTorrent experiments with decentralized private-chat service Are you longing to chat in private — not just “off the record” but off the grid? BitTorrent today released an internal alpha of its server-less chat app, making your dreams of truly private chats a near-reality. Bi...
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Why negativity in your startup is a good thing

Venture Beat - 11 Jun 2014 22:34
Why negativity in your startup is a good thing Negatism is “the act of learning from negative outcomes or behaviors” — and boy, will we petition heavily to officially add this word to the dictionary. However, if “negatism” can’t be a real word yet, it sur...
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