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Business News

Location American Business News for 16 August 2014

Wal-Mart Brings Back Human Cashiers

Bidness etc. - 16 Aug 2014 18:19
Wal-Mart Brings Back Human Cashiers Wal-Mart Stores, Inc. (WMT) said it will reduce customers' waiting time at checkout lines by staffing all its cash registers.
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Argentina tweets hate on US Judge Griesa

New York Post - 16 Aug 2014 04:29
Argentina tweets hate on US Judge Griesa Manhattan federal judge Thomas Griesa -- arguably the most hated man in Argentina right now -- is adding to his list of detractors. Griesa's unorthodox order in the debt dispute...
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5 Reasons Amazon Is A Buy

Bidness etc. - 16 Aug 2014 21:05
5 Reasons Amazon Is A Buy Amazon.com, Inc. (AMZN) is down 15% year-to-date, and is trading around $333. Bidness Etc believes the current scenario presents a great opportunity to buy into the e-commerce giant at a discount. The company has a marke...
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How Wells Fargo Learned To Innovate Around the Customer By building a business around its customers rather than it's products, Wells Fargo enabled them to spend less time wrestling with banking services and more time running their operations.
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Why Didn't Coke Buy All of Monster?

Wall Street Journal - 16 Aug 2014 04:47
Why didn't Coke go all the way? That's the big question everybody is asking about the Atlanta-based soft drink giant's news that it would acquire a 17% stake in Monster Beverage in an asset swap, after years of speculati...
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For Its New Shows, Amazon Adds Art to Its Data

The New York Times - 16 Aug 2014 02:35
For Its New Shows, Amazon Adds Art to Its Data After an underwhelming initial foray into making its own video programming, Amazon has poured even more money into the effort.
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Starbucks baristas still unhappy with scheduling system A barista rebellion is still percolating at Starbucks. Workers said Friday they remain unsatisfied with the coffee chain's work-scheduling policies, even after the company announced changes following negative press atten...
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The Recession's Lost Generation Of Homeowners Isn't Millennials -- It's The Middle-Aged Though the published homeownership rate for young adults is still falling, true homeownership among young adults started rising in 2013. Adjusted for longer-term demographic shifts, young-adult homeownership is now at pr...
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(Reuters) - Shake Shack, the fast-food restaurant chain famous for its hamburgers and milkshakes, is preparing to go public, seeking to tap stock market demand for popular casual dining companies, according to people fam...
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Grace Slick, CCR's Stu Cook Remember Woodstock's Chaos 45 Years Ago Forty-five years ago this weekend, Jefferson Airplane lead singer Grace Slick peered out at a half-million rock fans in Bethel, NY, with bloodshot eyes. “Morning, people,” she yelped into the microphone. “You’ve ...
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China anti-monopoly body fires economist due to Qualcomm ties Chinese regulators target Qualcomm in anti-monopoly investigation, fire economist from advising panel after being revealed to have helped the company defend itself. Economist tells a different story, however.
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Samsung acquired smart home start-up SmartThings for $200 million: Competition with Google Nest heats up SmartThings is now part of Samsung as the smart home wars begins to take heat. Samsung will now compete directly with Google Nest and Insteon to become the go-to smart home hub provider.
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15 Ways Millennials Can Shine At Their First Job

Business Insider - 16 Aug 2014 02:30
15 Ways Millennials Can Shine At Their First Job Landing your first "real," post-college job as a 20-something can be exiting and scary.  You finally get the chance to prove yourself, but there's more room than ever to mess up. Lauren Berger, founder and CEO of Intern...
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5 Things Excellent Credit Can Do for You

The Huffington Post - 16 Aug 2014 23:40
5 Things Excellent Credit Can Do for You By Jonathan Roisman, NextAdvisor.com Have you ever thought of how an excellent credit score may impact your life? It's no secret that there are a number of benefits to having a high score. Simply put, it can affect many ...
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FCC Extends Comment Period On Net Neutrality

Bidness etc. - 16 Aug 2014 17:46
FCC Extends Comment Period On Net Neutrality The US Federal Communications Commission (FCC) is dealing with a flood of public sentiment surrounding net neutrality. After its website crashed in July following last-second comments that overwhelmed the system, the age...
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Hedge funds lusting to cash out of MGM

New York Post - 16 Aug 2014 04:20
Hedge funds lusting to cash out of MGM The hedge funds benefiting from the turnaround at Metro-Goldwyn-Mayer still like the movie business, but an increasing number of them like the idea of cashing out even more. "We are...
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Lehman bondholders to receive 17 cents on dollar

New York Post - 16 Aug 2014 04:20
Lehman bondholders to receive 17 cents on dollar Lehman Brothers just breathed a $4.6 billion death rattle. The bank's last-in-line creditors are set to get 17 cents on the dollar for their claims six years after Lehman collapsed....
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Healthcare chain's bid for 6 hospitals draws protest Prime Healthcare Services Inc., a hospital chain that has come under fire for billing and patient privacy issues, is facing opposition over its potential acquisition of six California hospitals, including two medical cen...
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California adds more than 27,000 jobs in July

L.A. Times - 16 Aug 2014 02:52
California adds more than 27,000 jobs in July California added more than 27,000 jobs in July, marking another month of continued employment growth outpacing the nation.
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Government Sets Rules for Imported Puppies

The New York Times - 16 Aug 2014 02:34
The move by the Agriculture Department is part of an effort to regulate puppy mills that began last year with rules requiring licenses for some breeders.
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The Week Ahead: Are Wall Street Pros Too Negative? As I discussed last Thursday, the AAII ?bullish percentage jumped from 30.89% to 39.81% last week, while the number of bears dropped sharply from 38.23% to 26.96%.? I pointed out that ?the reversal in sentiment is consis...
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2 former water park workers accused of theft

Miami Herald - 16 Aug 2014 23:40
Two former employees of a Las Vegas water park have been arrested on suspicion they stole $116,000 from the amusement park.
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