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Business News

Location American Business News for 3 September 2014

See New York City's East Village Then And Now

Fast Company - 3 Sep 2014 22:56
See New York City's East Village Then And Now The scruffy East Village of 30 years ago stars in a Tumblr that will make you nostalgic for Mars Bar (and your youth). Here's your gritty New York City of yesteryear porn of the day: Photographer Daniel Root has resurrec...
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On the move: Migration figures show old patterns picking up again Los Angeles is drawing new residents from big cities in the Northeast and Midwest and losing people to less expensive cities in parts of the Sun Belt. But, as always, most of the people who move are moving around Souther...
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Andrew Madoff, Son of Bernard Madoff, Dies at 48

The New York Times - 3 Sep 2014 17:52
Andrew Madoff, Bernard Madoff's last surviving son, died of cancer on Wednesday, his lawyer said.
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China Home Builders Bet on U.S. Rebound

Wall Street Journal - 3 Sep 2014 05:20
The developers are following their larger brethren, betting that the recovering American housing sector will help them expand as China struggles with its cooling market.
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Home Depot Hires 2 Firms to Probe Data Breach

ABC News - 3 Sep 2014 23:47
Home Depot offers free credit monitoring to customers as it investigates possible breach
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This Is The Stunningly Grim Economic Picture Mario Draghi Will Have To Address On Thursday (VGK, DIA, SPY, QQQ, TLT, IWMEU, BUNL, BUND) The European Central Bank is set to announce its latest monetary policy decision on Thursday as the economic situation on the continent continues to look increasingly grim. Expectations are for the central bank to keep r...
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After Alleged Sexual Assault, An Incoming Harvard Freshman Is No Longer Enrolled At The College An incoming college student who was expected to be a member of the Harvard Class of 2018 is no longer enrolled at the college following serious sexual assault accusations earlier this summer, The Harvard Crimson reports....
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WASHINGTON
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PUC proposes $1.4-billion PG&E fine for San Bruno explosion California's largest utility, Pacific Gas & Electric Co., should pay $1.4 billion for a 2010 pipeline explosion that leveled a Bay Area neighborhood and killed eight people, state regulators proposed Tuesday.
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The stock trading platform created to temper high-frequency traders' advantages and profiled in Michael Lewis's book "Flash Boys" has raised money that will help the start-up become a full-fledged stock market.
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Here's What Really Happens To Web Traffic When Facebook Goes Down Facebook was down for a while on Wednesday. An easy assumption is that when Facebook is down traffic to other sites drops, because people are no longer being directed anywhere from the hugely popular social network. The ...
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NEW YORK (TheStreet) --aGT Advanced Technologies was falling -4.4% to $17.22 Wednesday after Pacific Crest recommended Apple investors start taking profits ahead of the iPhone 6 launch event on Sept. 9. GT Advanced is an...
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Bernie Madoff's Son Dies Of Lymphoma

Business Insider - 3 Sep 2014 17:26
Bernie Madoff's Son Dies Of Lymphoma Andrew Madoff, the son of Ponzi schemer Bernie Madoff, died from mantle-cell lymphoma, CNBC reports. He was 48. Andrew Madoff's attorney confirmed that he had died Wednesday morning at Sloan Kettering Memorial Hospital...
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You Perform Better When You're Competing Against a Rival

Harvard Business Review - 3 Sep 2014 14:30
Longstanding personal rivalries have powerful motivational value.
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Teen due for sentencing in trade center climb

Miami Herald - 3 Sep 2014 07:49
A teenager who sneaked to the top of the 1 World Trade Center tower is set to be sentenced to community service for a climb that fueled questions about security at the nation's tallest building.
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Openings to resume in Detroit bankruptcy trial

Miami Herald - 3 Sep 2014 07:49
Openings to resume in Detroit bankruptcy trial An attorney for Detroit is set to resume his opening statement at the city's historic bankruptcy trial, after saying on the first day that Detroit needs the restructuring to survive.
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"100 days in office for Modi, he's been drumming up a lot of support on his visit in Japan, but back home, has he made any progress Andy?"
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Maduro replaces Venezuela's longtime oil chief

Miami Herald - 3 Sep 2014 07:29
Maduro replaces Venezuela's longtime oil chief President Nicolas Maduro has replaced Venezuela's longtime oil boss and economic czar as part of a cabinet shakeup sidelining the most-prominent voice within his administration for pragmatic reforms to tackle a deep econ...
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Casino closings lead to mass unemployment filing

Miami Herald - 3 Sep 2014 07:29
Casino closings lead to mass unemployment filing Thousands of newly laid-off casino workers are expected to turn out at the Atlantic City Convention Center for a mass unemployment filing.
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Evans Bank discriminating against African-Americans: Schneiderman Evans Bank, an upstate New York mortgage lender, purposely discriminated against minority borrowers by refusing to do business in largely non-white areas in the Buffalo area, according to a complaint...
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According to the National Retirement Risk Index, 48% of Americans will not be financially prepared for retirement. This was just one of the studies hotly debated at a recent retirement summit hosted by the Investment Com...
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Japan PM selects 5 women in new Cabinet

Miami Herald - 3 Sep 2014 07:15
Japan PM selects 5 women in new Cabinet Japan's prime minister picked a record-matching five women for his Cabinet Wednesday, sending the strongest message yet about his determination to revive the economy by getting women on board as workers and leaders.
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