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Business News

Location American Business News for 28 September 2014
The Japanese SoftBank Corp. may acquire the American DreamWorks Animation SKG Inc., according to the Hollywood Reporter, which cited a source with knowledge of the situation. The purchase price would value the company at...
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PHNOM PENH
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British firm Ineos accused of bribes and bulldozers approach to fracking The company is offering 6% of future shale gas revenues to those sitting on reserves or affected by their extraction
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Pimco CEO Hodge Cites 'Overwhelming' Relief at Firm

Wall Street Journal - 28 Sep 2014 05:41
Pacific Investment Management Co. CEO Douglas Hodge said there is an "overwhelming" sense of relief and excitement at the giant asset manager, following the abrupt departure of bond investor Bill Gross.
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By now, you've probably read or heard all the same stories over and over and over again -- how the Googles, Facebooks, eBays and Amazons of the world, or funky startups with funky names working out of some funky converte...
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Goldman Sachs bars traders from trading

New York Post - 28 Sep 2014 05:49
Goldman Sachs bars traders from trading Goldman Sachs said it's now barring its investment bankers from trading individual stocks and bonds, a source told Bloomberg News. Goldman employees were notified on Friday of the change, which...
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NiSource plans to split management of pipelines from sale of electricity and natural gas
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A 3D Printed, Wifi Enabled Medical Marijuana Inhaler The world of 3D printing shows no signs of stopping. From 3D printed guns and medical implants to food and shoes, it seems that just about anything can be 3D printed.
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Colleges getting away with huge tax-free endowments

New York Post - 28 Sep 2014 06:15
Colleges getting away with huge tax-free endowments Look in the dictionary for the definition of the verb "invert." It means "to turn upside down." With all the talk of evil corporations merging with foreign companies for tax...
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On Investing In Bangladesh's Stock Markets With Shahidul Islam With about 4% of public listings on Bangladesh’s stock exchanges held by foreigners, Shahidul Islam estimates foreign holdings in Bangladesh’s public equities are at, or near, their all-time high. Mr. Islam is the CE...
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Don't believe the hype, the 'sharing economy' masks a failing economy In the first of a series of monthly columns, the leading critic of the politics of the internet argues that the benefits of the latest innovations are overstated and often risible
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For business, Britain and Europe really are better together With an in/out referendum looming, manufacturers fear even the process of debate will disrupt and discourage investment
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NEW YORK (TheStreet) -- Doug Kass of Seabreeze Partners is known for his accurate stock market calls and keen insights into the economy, which he shares with RealMoney Pro readers in his daily trading diary. Last week, K...
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2 key developments lower Autumn's gas prices

USA Today - 28 Sep 2014 23:47
2 key developments lower Autumn's gas prices Robust production of crude and weak demand for gasoline are pushing prices to 4-year lows.          
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Gaza war deals blow to Israel's tourism industry

News Observer - 28 Sep 2014 23:46
It was supposed to be a record-breaking year for tourist visits to Israel. But all that changed when the 50-day war between Israel and Hamas prompted jittery travelers to cancel…
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NiSource splits off natural gas pipeline business

News Observer - 28 Sep 2014 23:41
Gas and utility company NiSource Inc. announced Sunday that it plans to split off its natural gas pipeline and related businesses into a stand-alone publicly traded company.
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The Other Cross-Cultural Leadership Is Creative Collaboration By David Slocum
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Americans play debt card in credit binge

New York Post - 28 Sep 2014 05:54
Americans play debt card in credit binge Scratch all those stories about Americans becoming more serious about credit-card debt. Despite the financial crisis of 2008 and 2009 -- and even though many Americans reduced their credit-card debt...
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Tesla a 'fringe brand' says former GM product czar Bob Lutz Speaking Wednesday on CNBC's "Squawk Alley" finance show, Lutz discussed Tesla CEO Elon Musk's September 5 comment that Tesla's stock price was "kind of high" at the moment.
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1000 Veterans Line Up For Free Marijuana

The Huffington Post - 28 Sep 2014 20:56
1000 Veterans Line Up For Free Marijuana COLORADO SPRINGS, Colo. (AP) -- A marijuana giveaway for veterans attracted about 1,000 people to a Colorado hotel. The "Grow 4 Vets" giveaway in Colorado Springs aimed to bring cannabis-based treatments to veterans with...
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Phil Mickelson Rips Ryder Cup Captain Tom Watson After Getting Benched Phil Mickelson and United States Ryder Cup captain Tom Watson are feuding in the wake of the U.S.'s latest defeat. Europe destroyed the U.S. on both Saturday and Sunday, easily winning the Cup for the third-straight time...
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Photos: New York Prewar Homes For Sale

ABC News - 28 Sep 2014 14:47
Photos: New York Prewar Homes For Sale These Big Apple homes may be classic and sturdy, but they are very expensive.
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