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Business News

Location American Business News for 16 Jul 2014

Americans Spend More On ChildExpectant parents worry about the cost of college, but they might be better off diverting their attention to a more immediate cost: child care. According to an infographic from caregiving site... Care.com, American families spend an average of $18,000 a year on care for their children. That's more than taxes, housing, or even college. (Although if your progeny attends one of the 50 colleges charging over $60,000 a year, these stats might not apply.) Despite the steep price, nearly half of families don't budget for child care, and 75% of families feel overwhelmed or surprised by the cost.  Below, learn more about what to expect when it comes to child care, plus tips to make the expense more manageable.   SEE ALSO: Daycare Costs Exceed Rent Payments In Every State In America Join...
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There's A 'Frozen' Easter EggWe know Disney loves putting Easter eggs — hidden messages and symbols — in its films. So when the Mouse House debuted the first trailer for its new movie "Big Hero 6" yesterday, we... searched high and low to see if there were any nods to previous or future Disney films.  Since its Disney's first animated picture from Marvel, we weren't expecting to see any, but it turns out there's one from "Frozen" cleverly hidden in the back of one scene.  Perez Hilton noticed a wanted poster on a police officer's corkboard showed Hans (below) from Disney's billion dollar movie. You probably missed it if you've seen the trailer.  First, here's the image. Can you spot the "Frozen" character? He's on the right side of the corkboard. Here's another image of Hans: Some of the...
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Yahoo still in sales rut asYahoo! on Tuesday said it will sell about one-third fewer Alibaba shares than expected -- but even this shareholder-friendly news wasn't enough to deodorize an otherwise stinky quarter. The Web...
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A British TV Station DroppedA UK television station is promoting what could be the final live performance of legendary comedy troupe Monty Python by bringing to life one of the group's most famous gags. After fans voted "Dead... Parrot" their favorite Monty Python sketch, the comedy TV channel Gold worked with a team of three sculptors to create a 50-foot-tall statue of the dead Norwegian Blue parrot featured in the sketch. It was unveiled Monday on London's South Bank. Monty Python's surviving members —  John Cleese, Eric Idle, Terry Jones, Michael Palin, and Terry Gilliam — will perform the last show in their 10-show reunion run Sunday at London's 02 Arena. According to USA Today, the show will also be broadcast live in theaters across the U.S. Here's the famous "Dead Parrot" skit from which the...
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How Chick-fil-A TotallyWall Street is paying closer attention to Chick-fil-A, which has discreetly surpassed fast food giants despite its limited presence and tainted reputation
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Airbnb's New Logo Looks Awfully Familiar

Fast Company - 16 Jul 2014 23:30
Airbnb's New Logo LooksAirbnb's new brand resembles the logos of several other companies. Looks like someone forgot to do a Google Image Search. Unveiled today in San Francisco, the new Airbnb logo--or Belo, as the home... rental service is calling it--looks like a heart bent out of a paper clip. Some people like it; others think it looks like genitals (male or female, no one's really sure). The one thing everyone should be able to agree on is that it looks an awful lot like logos that are already out there. Read Full Story
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Campbell Soup fits the Berkshire Hathaway mold, with powerful niches and strong growth prospects.
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Ackman plots takedown ofActivist investor Bill Ackman may be busy on the M&A trail these days, but he hasn't backed away from his real passion -- trying to take down Herbalife, the nutritional...
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The Obama administration joins the growing debate over U.S. companies reincorporating overseas for tax purposes, urging lawmakers to pass legislation to limit the moves, The Wall Street Journal... reports.
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A $35,000 Tesla Model III IsLate Tuesday night, Tesla Motors confirmed that a third-generation car called the Model III will be coming in 2017. The car will cost a mere $35,000, half the price of the popular Model S.
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The Most Annoying Business Slang

Forbes - 16 Jul 2014 06:32
The Most Annoying BusinessStrike these 32 insufferable expressions from your business vocabulary.
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Vancouver Real Estate: Boarded-Up Home On Sale For $25.8 Million

The Huffington Post - CA - 16 Jul 2014 23:14
Vancouver Real Estate:As the most expensive city in Canada, Vancouver is known for its high real estate prices. For example, a West Vancouver mansion hits the market for $19.98 million. A downtown Vancouver penthouse gets... set for $15 million. And a historic mansion goes on sale for $10.9 million. Now there's a new property on the market, and its price tag is a whopping $25.8 million. As for the house? It's all boarded up. Located in the city's Point Grey neighbourhood, the property boasts ocean views and 52141 sq.-ft. of land. The house, though, is old: built in 1937. The listing suggests you build a "MAJESTIC MANSION" with "luxurious swimming pool, professional tennis court, magnificent garden." Would you buy a teardown for that price? Like Us On Facebook Follow Us On Twitter
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NEW YORK (TheStreet) --Shares of Plexus Corp.  are higher by 3.64% to $43.61 in after-hours trading on Wednesday, after the company released its 2014 third quarter financial results, which showed... net income increased to $24.6 million, or 71 cents per diluted share, compared to $23.2 million, or 62 cents per diluted share from the same period last year. Plexus, a company that delivers solutions to customers through its products realization value stream, posted an increase in revenue to $621 million versus $572 million from the 2013 third quarter. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Separately, TheStreet Ratings team rates PLEXUS CORP...
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Someone Appears To Be FiringMultiple videos posted on YouTube and appearing in Russian-language media today apparently depict militants firing Grad rockets into Ukraine from Russian territory.  Grads are Soviet-developed... rockets sometimes fired from a truck-mounted missile battery. They can carry warheads weighing up to nearly 40 pounds a distance of up to 13 miles, although next-generation grads can travel nearly 25 miles. Pro-Russian separatists in eastern Ukraine have already used shoulder-fired rocket launchers to bring down Ukrainian government aircraft. Now, militants have shown a willingness to use Russian territory as cover for potentially sophisticated long-range attacks on targets inside Ukraine. Two videos depict a grad bombardment that the website The Interpreter geo-located within a Russian town...
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Yahoo exec countersues herYahoo says engineering director Maria Zhang is innocent of charges filed by ex-Yahoo engineer Nan Shi.
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We Tried The 4 New Lay'sLay's just announced the four finalists for its "Do Us A Flavor" contest.  The annual contests calls for submissions for a new Lay's flavor. One of the flavors will go national, and the winner... receives $1 million.  This year, the four finalists are Cappuccino, Mango Salsa, Bacon Cheddar Mac & Cheese, and Wasabi Ginger.  We just tried the four flavors, which will be available in stores July 19.  Our reviews below, ranked from worst to best.  #4 MANGO SALSA Many who tried the mango salsa flavor expected something spicy, with a slight sweetness. People seemed more excited to try this chip than any of the others in the kitchen.  The verdict? Unanimously awful. "The mango salsa flavor are the worst things I've ever tasted in my entire life. I can't untaste those...
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The company?s airplane engine deliveries and shipments of oil & gas drilling equipment have continued to rise. At the same time, GE has continued to execute cost reduction measures which will likely... further expand its margins and profits in the second quarter.
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U.S. seeks legislation to curb offshore tax deals

Investment News - 16 Jul 2014 19:15
The Obama administration called for immediate congressional action to stop U.S. companies from using cross-border mergers to escape the country's tax system, the latest trend in corporate deal-making.
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Sports Marketers HighlightThe 2014 FIFA World Cup is over but for those brands and companies who invested millions of dollars in the global sporting event, their internal conversation of whether or not their investment... benefitted their organization's bottom line will be ongoing for the coming weeks.
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Is The Apple-IBM Union A DeathWatch out Blackberry, the iPhone is coming to eat your lunch -- again.
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Merger excitement and positive GDP figures from China put investors in buoyant mood
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The biggest idiot of the 20th century

MoneyWeek - 16 Jul 2014 16:30
Bill Bonner explains how US president Woodrow Wilson's vanity prolonged the First World War. The post The biggest idiot of the 20th century was first published on MoneyWeek.
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The world's biggest lithium products producer has been taken over in a $6.2bn deal. Bengt Saelensminde looks at another small-cap lithium miner and asks if it could become the next multi-billion... dollar producer. The post We've just seen the biggest ever lithium deal - what's next? was first published on MoneyWeek.
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Hyperice Launches First-EverSponsored Post: Hyperice has officially launched a campaign to bring their latest and most exciting fitness and recovery innovation to reality through Kickstarter, a crowdsourcing platform that funds... thousands of creative projects, business ideas and...
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The dollar moves up against major rivals as investors take in comments from Fed Chairwoman Janet Yellen that interest rates will climb earlier and faster than expected if U.S. economic data continues... to show improvements.
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