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Business News

Location American Business News for 13 June 2014

Here's How Offside Works In Soccer

Business Insider - 13 Jun 2014 20:25
Here's How Offside Works In Soccer       Produced by Justin Gmoser. Narrated by Mamta Badkar. NOW WATCH: 13 Surprising Facts About Brazil Follow BI Video: On Facebook Join the conversation about this story »
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Mexico Gets A 1-0 Win Over Cameroon After Having 2 Goals Disallowed On Blown Calls Mexico beat Cameroon 1-0 in a their first World Cup game in rain-soaked Natal. El Tri wasn't perfect. They looked shaky at the back and a late save from goalie Memo Ochoa saved the game. But Mexico created a bunch of cha...
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MIT: Without patent trolls, VCs would have invested $8B more A new paper from MIT's Sloan Business school finds that hyperactive patent litigators robbed the tech industry of billions in investment.
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The 5 Best Reasons To Buy A PS4 - After E3 2014 Read: The 5 Best Reasons To Buy An Xbox One - After E3 2014
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Loans Come With Few Strings

Wall Street Journal - 13 Jun 2014 06:29
Lending to weaker companies on easy terms is becoming more common as investors' appetite for higher-yielding debt grows stronger and the Fed keeps money flowing at ultralow rates.
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Dave Brat's Victory Is Bad For Both Republicans And America Republicans must not misunderstand the meaning of Eric Cantor's defeat. Eric Cantor is by most standards a fairly conservative American. The House majority leader's commitment to cutting government spending has survived ...
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Priceline Group Inc. (NASDAQ:PCLN) will buy OpenTable Inc. (NASDAQ:OPEN) in a $2.6 billion cash deal announced Friday, giving the budget travel booking site a seat at the restaurant reservation table. Its bid of $103 per...
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Iraq Violence Sends Tremors Across Global Markets

Bidness etc. - 13 Jun 2014 18:02
Brent crude and West Texas Intermediate (WTI) prices rose to nine-month highs early today as sectarian violence erupted in northern Iraq, while global equity markets turned red following reports that the US Military may ...
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U.S. Producer Prices Unexpectedly Fall

The New York Times - 13 Jun 2014 17:30
U.S. producer prices fell in May after two month of solid gains, but the decline was not enough to change perceptions that inflation pressures are steadily creeping up.
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Apartment building foreclosures plunge in Chicago

Chicago Tribune - 13 Jun 2014 07:21
Apartment building foreclosures plunge in Chicago But tenant advocates worry about future in still hard-hit communitiesForeclosure cases were filed against almost 2,800 Chicago apartment buildings with 7,700 units last year, the smallest number since the housing crisis ...
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Getting introductions to investors: the ranking algorithm My friend Ed Zimmerman wrote a terrific post for his WSJ blog, “Help Me Help You”, on soliciting him (and others like him) for investor introductions. I wanted to add to Ed’s post and observe that not all introduct...
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(Reuters) - An engineer convicted of obstructing justice in connection with the 2010 BP oil well blowout in the Gulf of Mexico won a new trial on Thursday.
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Hedge Funds Get Stung by Slow Markets

Wall Street Journal - 13 Jun 2014 05:20
Some of the biggest investors on Wall Street are losing money with wrong-way bets in markets around the globe, a surprising black eye amid a rise in stock and bond prices.
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DealBook: In Emerging Markets, What Scares Most Investors Entices Oppenheimer Mr. Leverenz, who runs America's largest emerging markets mutual fund at Oppenheimer Fund, believes that nations like China, Brazil, Russia and India are experiencing economic and social change that won't be reversed.
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Relativity Media to close $1B pre-IPO funding

New York Post - 13 Jun 2014 03:49
Relativity Media to close $1B pre-IPO funding Movie producer Ryan Kavanaugh wanted to upend all the rules of Tinseltown when he established Relativity Media 10 years ago. Now he wants to cure cancer. The bubbly 39-year-old billionaire...
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Russia Offers Ukraine Improbable Gas Deal

Forbes - 13 Jun 2014 03:31
Russia Offers Ukraine Improbable Gas Deal Russia says Ukraine will get a nice cut in gas prices, providing it dishes out $2 billion in back payments first.
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Lockheed Martin to pull employees out of Iraq over safety concerns Global defense and security company Lockheed Martin announced plans Thursday to evacuate all employees from the Balad area in northern Iraq due to concerns for their safety with escalating violence in the region, officia...
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S&P Raises Outlook on UK by a Notch to 'Stable' Standard & Poor's sees better times ahead for UK as long as country stays in European Union
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Appeals court: Labor Dept violated law

Miami Herald - 13 Jun 2014 23:56
The Labor Department violated federal law when it lowered wages and worsened working conditions in the herding industry without notice or comment, an appeals court ruled Friday.
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4 upstate casino proposals receive local approval

Miami Herald - 13 Jun 2014 23:56
Four more upstate New York casino proposals have received approval from local officials.
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Fantasia: Music Evolved would be great -- if it worked Harmonix's new music game is fun, but the Kinect fails it.
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A huge hit in New York City, Swift is now going to bootcamp Apple's new Swift language is going to bootcamp.
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