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Business News

Location American Business News for 1 July 2014
L'Oreal settles with FTC over anti-aging ads the feds called deceptive Cosmetics company L'Oréal USA Inc. agreed Monday to settle Federal Trade Commission charges of deceptive advertising for some of its anti-aging products.
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This Was The Hardest Transformer For The Movie's Visual Effects Team To Make “Transformers: Age of Extinction" is out in theaters and with it comes a new batch of Transformers to excite on screen.  As one could imagine, it takes an incredible amount of hard work to make the Hasbro toys look i...
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That ISIS Five Year Expansion Plan Map Is Fake

Business Insider - 1 Jul 2014 23:57
That ISIS Five Year Expansion Plan Map Is Fake ABC News has published a map that shows ISIS' alleged 5-year expansion plan.  #ISIS Roadmap (#Translated): The goal of a unified #Islamic #Caliphate. pic.twitter.com/yfnC6aHbk2 — ThirdPosition (@Third_Position) June ...
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Meet The 'Rich Kids Of Snapchat' -- Your New Internet Nightmare The act of showing off your money and your possessions is nothing new, but people are finding creative ways to do it on the internet every day. Whether it's using Instagram to perfectly filter a photo or Facebook to inad...
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Newegg Welcomes Payment Via Bitcoins

Bidness etc. - 1 Jul 2014 22:36
Bitcoins got another boost today after online computer retailer, Newegg, announced it would now accept bitcoins as a method of payment
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On Leadership: Sexism and tech

Washington Post - 1 Jul 2014 22:59
The popular dating app Tinder was hit with a sexual harassment and discrimination lawsuit Monday. In the suit, former marketing vice president Whitney Wolfe claims she was repeatedly subjected to inappropriate and harass...
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California Prosecutor Sues G.M. Over Sprawling Recall

The New York Times - 1 Jul 2014 06:06
A lawsuit filed by District Attorney Tony Rackauckas of Orange County charges General Motors with unfair business practices and deceptive marketing.
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US Spy Agency Knew Its Logo With An Octopus Taking Over The World Was 'Sinister' The National Reconnaissance Office came under fire in December when its logo for a new satellite boasted "nothing is beyond our reach" along with the image of an octopus taking over the world, but new documents obtained ...
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This Top Investor Reveals What He's Learned Over The Last 10 Years Jeff Clavier, founder and managing partner at SoftTech VC, has closed a deal or two in the 10 years since he started the firm.  He was named one of Forbes' most active angel investors last year, and SoftTech has backed...
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RBL Bank expands and rebrands as IPO draws closer

livemint.com - 1 Jul 2014 20:19
RBL Bank expands and rebrands as IPO draws closer RBL Bank is shaking off the image of a regional lender as it prepares to approach the public for Rs1,000 crore this fiscal year
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As one massive strike ends, another has begun-- and the economists are worried. Just under a week after South African miners ended a historic strike that cost companies millions and crippled the nation's economy, thousan...
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Briefing: L'Oréal Settles With U.S. Over Skin Care Claims

The New York Times - 1 Jul 2014 04:09
The cosmetics maker has agreed to settle complaints that advertisements for some of its skin care products were deceptive, the Federal Trade Commission said on Monday.
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G.M. Victim Compensation: How the Plan Works

The New York Times - 1 Jul 2014 04:06
A program has been announced by Kenneth R. Feinberg to pay claims for those killed or injured because of an ignition flaw.
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Stolen Corvette returned to owner after 33 years George Talley's beloved 1979 Chevy Corvette was last seen in Detroit           
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Attitudes and trends of the new consumer

The Huffington Post - 1 Jul 2014 20:50
Attitudes and trends of the new consumer In difficult times, we are increasingly seeing more examples of what my friend David Konzevik has called the expectation revolution. Technology is rapidly advancing. There is a phenomenon that Konzevik calls the "knowled...
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If you sit in the board room of a retailer of home electronics, home improvement products or pretty much anything that uses batteries, chances are one of the topics of discussion over the past few months has been the Int...
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Think Like a Navy SEAL: Training Lessons for Entrepreneurship Bryan Stolle applies lessons from Navy SEAL training to the challenges faced by entrepreneurs.
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How do the ultra rich live in China? Sometimes, they spend thousands of dollars to eat a fancy dinner suspended in the sky from a crane.
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School vending machines ditch Oreos, Fritos for 'smart snacks' U.S. nutritional standards target youth obesity, cover what can sellThe school vending machine is no longer an easy place to satisfy a snack craving.
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U.S. Factory, Auto Sales Data Bolster Growth Outlook

The New York Times - 1 Jul 2014 19:14
U.S. manufacturing activity rose at a steady clip in June and major automakers reported better-than-expected sales, pointing to momentum in the economy after a turbulent start to the year.
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Google launches weirdly fun 'Smarty Pins' trivia map game Players put pins on cities to answer timed trivia questions.
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Activision shows off animation and art direction for Call of Duty: Advanced Warfare Call of Duty's artists and developers at Sledgehammer Games describe their handiwork.
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