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Business News

Location American Business News for 30 June 2014

The NYSE's Biggest Shorts

Forbes - 30 Jun 2014 17:04
The NYSE's Biggest Shorts Stocks are a bit lower in early Monday trading yet the global markets seem set on recording their fourth consecutive positive quarter. The MSCI World Index is up over 4% in the second quarter as it tracks stocks in 45 di...
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BNP Paribas Will Pay An $8.8 Billion Fine

Business Insider - 30 Jun 2014 22:25
BNP Paribas Will Pay An $8.8 Billion Fine For weeks there have been reports that BNP Paribas, the largest bank in France, would face a massive fine and be barred from trading in dollars for violating U.S. sanctions. Now it's official, the bank will pay $8.8 bill...
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Philips to separate its LED parts arm

News Observer - 30 Jun 2014 07:21
Royal Philips NV says it will separate its LED lighting components unit into a stand-alone company within Philips by 2015, preparing it for a potential spin off or sale. The…
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General Motors to Set Payouts in Crashes Caused by Flawed Switches Kenneth R. Feinberg, a compensation expert who handled the 9/11 settlements, is to announce the G.M. payouts in a Monday morning news conference.
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Senate approves Newport casino bill for 2nd time

Miami Herald - 30 Jun 2014 23:57
The Rhode Island Senate reconvened Monday in an unusual — and brief — post-recess session to pass legislation it had already approved, after questions were raised about the original vote margin.
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George Soros' Daughter Is Selling Her Greenwich Village Townhouse For $25 Million [PHOTOS] Andrea Soros Colombel, daughter of billionaire investor George Soros, is putting up her Greenwich Village townhouse for $24.75 million. The luxurious property went on sale briefly in 2012 for $29.5 million, but was later...
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Argentina hits debt deadline, but not yet default

News Observer - 30 Jun 2014 17:27
Argentina will likely miss a bond payment that risks sending it into a catastrophic default.
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We Can Guess Your Name Based On What State You Live In

Business Insider - 30 Jun 2014 14:16
We Can Guess Your Name Based On What State You Live In     We sorted through data from the Social Security Administration for every person born in 1984. NOW WATCH: We Did The Math: Here's How Old You Probably Are Based On Your Name Follow BI Video: On Facebook Join the c...
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There's Probably Never Been A Worse Time To Be A Musician In America The music industry isn't quite dead — it's merely completely unrecognizable from what it once was. The following chart from music industry analyst Mark Mulligan explains: Since 2000, overall global music revenues have ...
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The Most Annoying Thing About 'Transformers' Is Michael Bay's Fixation On Objectifying Women "Transformers: Age of Extinction" had a huge opening weekend, becoming the first film this year to have a $100 million debut. While it's fun to look at, the movie is an exercise in excess: too many plots, too many new T...
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This Company Is Planning To Transform How We Use Data To Manage Our Businesses Information wants to be free. It?s time to create that our enterprise systems began to behave less like gatekeepers and more like facilitators.
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Juice Press shoots off on vegan vector with ProViotic

New York Post - 30 Jun 2014 03:48
Juice Press shoots off on vegan vector with ProViotic Juice Press believes its newest product line will exceed the expectations of even the city's biggest juice snobs. The chain is pitching ProViotic, a vegan-based probiotic product line derived from...
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For years the prospect of a new Islamic caliphate has entranced the minds of jihadi crazies around the globe and their polar opposite western islamophobes. Now ISIS has officially declared a reborn Caliphate with its lea...
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Among the companies whose shares are expected to see active trade in Monday's session are MannKind, Apple, and Facebook
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WSJ: Blackstone Is Starting Its Own Hedge Fund To Make Large, Risky Bets Blackstone Group BX +0.84% LP is quietly laying plans to start a hedge fund that will make big, risky bets, an effort it hopes will eventually rival some of the largest firms in the business, according to people famil...
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Get Ready For A Week Of Economic Fireworks -- Here's Your Complete Preview It's a four-day week ahead of the July 4 weekend. But it would be a mistake to just phone it in. We've got some economic fireworks on the calendar including a slew of manufacturing reports and a Thursday jobs report. Her...
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PARIS/NEW YORK
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Waste-To-Fuel: How To Make A Challenge An Opportunity An entrepreneurial company is planning to take a new approach to the old adage 'making money from old rope'.
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Blackstone Takes A Dive Into The Hedge Fund Business

Bidness etc. - 30 Jun 2014 23:56
The Blackstone Group LP (BX) is reportedly considering setting up a hedge fund business that will make substantial bets on the stock market. According to people familiar with the matter, the New York City-based private e...
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Man Who Has Cerebral Palsy, Multiple Sclerosis Says Medical Marijuana Changed His Life Seth Green, whose multiple debilitating conditions prevented him from living a "normal" life, finally found a solution. The 23-year-old says in the video above that medical cannabis has helped mitigate the panic attacks,...
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Design For Success: How To Choose The Right Visual Elements To Define Your Brand Whether you're launching a new business, working with a new agency, or just contemplating a re-design, the first step is deciding what message your graphic content should convey. Your brand needs to tell a story--and tha...
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Does Sustainability Mean Anything Anymore? Lessons From Pfizer, Alcoa and Alcatel-Lucent Does anyone remember the sustainability timebomb?  Cast your mind back to a world before 2008 when, we were told, the way that modern capitalism had functioned in its 200-odd years since industrialisation just wasn't go...
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