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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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Quarter of groceries will be sold online by 2030, says bank analyst As physical shopper numbers fall, supermarkets begin to cut back space in favour of coffee shops, gyms and soft-play centres
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Slavery in supermarket supply chains can and must be eliminated The continued enslavement of migrants working in the Thai fishing industry highlights flaws in the monitoring of suppliers Video: how big supermarkets are selling prawns in supply chain fed by slave labour
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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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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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Landon Donovan Made A Commercial About Watching The World Cup At Work After Getting Cut From The Team Landon Donovan, the all-time leading scorer in U.S. soccer history, isn't going to Brazil after Jurgen Klinsmann shockingly cut him from the 23-man World Cup roster. Donovan said he was surprised and disappointed by the ...
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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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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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Here's Why Amazon Is More Ruthless Than Walmart With no stores and an IT infrastructure that makes the cost of adding inventory close to zero, Amazon doesn't have to care about its suppliers.
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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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The evidence is clear: increasing the minimum wage doesn't cost jobs Increases to the minimum wage do one thing: make life better for the low paid. They don't cause unemployment, no matter what big business says
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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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VIDEO: Russia looks to boost China ties

BBC - 11 Jun 2014 04:29
VIDEO: Russia looks to boost China ties The continuing crisis between Russia and Ukraine means Moscow is increasingly looking at boosting its ties with China.
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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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