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Business News

Location American Business News for 12 July 2014
Slain Google Executive's Yacht Is Already On Sale For Just $345,000 Police arrested an alleged high-end prostitute, Alix Tichelman, last week in connection to the murder of a Google executive named Forrest Hayes aboard his yacht in the Santa Cruz harbor. And now that yacht is for sale, K...
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SEC sees price and reality not in 'Cynk'

New York Post - 12 Jul 2014 04:23
SEC sees price and reality not in 'Cynk' Tulip mania's got nothing on Cynk Technology -- the social-network wannabe that's not only revenue-free but very nearly employee-free. Those operating impediments, however, couldn't sink Cynk's stock. That took the...
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Head of US Pension Agency Resigning

ABC News - 12 Jul 2014 02:26
Head of US agency Pension Benefit Guaranty Corp resigning; Gotbaum longest-serving PBGC head
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Taking The Initiative To Create A Great Company Culture: 5 Bottom-Line Business Reasons Why It's Worth It Consciously building a company culture – whether from scratch or as an overhaul initiative – isn’t for the faint of heart, and it’s not for those looking for a quick gain. As a consultant on corporate culture, I...
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LeBron James' Career Earnings Show How Out Of Whack NBA Salaries Can Be LeBron James is going home, but it won't come without a big cost. James' contract with the Cleveland Cavaliers is expected to be worth $88 million over four years, considerably less than the five-year, $127.7 million dea...
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If you must trade in your car, here's how to get the most for it The best advice about trading in your car is to avoid it.
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U.S. moves to levy tariffs on steel from South Korea, 8 other nations The U.S. government moved to impose substantial punitive tariffs on hundreds of millions of dollars of imported steel products from South Korea and eight other countries, a much-anticipated decision that marks one of the...
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Ex-Madoff workers seek leniency

USA Today - 12 Jul 2014 02:42
Ex-Madoff workers seek leniency Defense lawyers for former Madoff employees are seeking light sentences for their clients.          
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Former CEO of CalPERS pleads guilty to fraud, corruption charge A former chief executive of the country's biggest public pension fund admitted that he took more than $250,000 in bribes and other valuable gifts from a friend and co-defendant in an influence-peddling scandal that rocke...
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Wells Fargo profit increases 3.8% as home lending regains traction With solid quarterly results, Wells Fargo & Co. showed why it has become a darling of banking investors, but it also raised a crucial question:
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The Winklevoss Bitcoin Trust is likely to pass federal scrutiny and become the first digital currency-based exchange traded fund (ETF), maybe before the end of the year, although no one knows for sure, according to ETF a...
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Aronia berry gaining market foothold in U.S.

USA Today - 12 Jul 2014 21:07
Aronia berry gaining market foothold in U.S. New fruit that research says packs more antioxidants than 'superfoods' is growing in popularity.          
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A New Way to Finance Aid To Developing Countries A new Development Impact Bond targets improving girls' schooling in India.
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The 10 Most Embarrassing Moments Of The World Cup

Business Insider - 12 Jul 2014 16:14
The 10 Most Embarrassing Moments Of The World Cup This year's World Cup has been full of some amazing and incredible moments. There have also been some embarrassing blunders. ESPN put together a version of their "Not Top 10," dedicated to the World Cup's not-so-great mo...
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Goldman Sachs, KKR flunk in college investment

New York Post - 12 Jul 2014 04:56
Goldman Sachs, KKR flunk in college investment Two of the brightest and most successful firms on Wall Street may soon get an F on investments in a for-profit college, The Post has learned. Goldman Sachs Capital Partners,...
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(Reuters) - Crumbs Bake Shop Inc may get a second chance if a bankruptcy judge approves a deal for the owner of Dippin' Dots ice cream and the star of a reality television show to buy and reopen the U.S. cupcake chain, a...
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Results of voting at Burberry's annual general meeting Friday showed that 52.7 percent of shareholders protested the earnings Christopher Bailey is expected to receive.
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Don't Miss The Summer's First Supermoon Tonight

Business Insider - 12 Jul 2014 15:38
Don't Miss The Summer's First Supermoon Tonight Last summer, photos of a giant, glowing moon were all over the place after an exciting lunar occurrence dubbed the "supermoon." Tonight, July 12, marks your first chance to see it this summer. These supermoons appear to ...
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Stronger Economy (More Than Federal Policy) Will Spur Business Loans, Federal Reserve Presidents Say Federal policy will not be the gating factor that hastens the pace of small business loans in 2014-2015 according to Federal Reserve President Charles Evans, of Chicago's Federal Reserve Bank. It is the strengthening eco...
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Cash For Best World Cup Fake Injuries?

Forbes - 12 Jul 2014 23:05
Cash For Best World Cup Fake Injuries? Soccer's Fake Injuries Would Have the IRS Reeling As It Slaps Tax Bills on Legal Settlements. After all, What's Physical, and What's Not?
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Google expands along San Francisco's Embarcadero

Venture Beat - 12 Jul 2014 23:00
Google expands along San Francisco's Embarcadero The expansions will considerably extend Google's reach in the neighborhood and could result in considerably more corporate output from the city.
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Starting in September, you can learn about data science through Kaplan If things work out the way organizers want them to, Metis could become more effective at actually training people in data science than lessons from massively open online course providers.
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