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Business News

Location American Business News for 4 October 2014

Job numbers favor Democrats

New York Post - 4 Oct 2014 05:41
Job numbers favor Democrats Advantage, Democrats -- unless the 248,000 new jobs in September suddenly force Republicans to go on the offensive. I will explain in a second what the Republicans' next move could...
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Tough Obama stance on taxes staves off pharma merger

New York Post - 4 Oct 2014 03:42
Tough Obama stance on taxes staves off pharma merger The tougher stance by the Obama administration on international corporate mergers aimed mainly at side-stepping US taxes chalked up its first victim on Friday. Salix Pharmaceuticals said it is scrapping...
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Sears Long Sad Fall

Forbes - 4 Oct 2014 17:53
Sears Long Sad Fall Sears Canada found itself in a situation similar to a foreclosed home in Ft Myers, Florida. Even at an auction, no one bid on it. The company was facing a dire situation on the eve of the 2014 holiday season, when out of...
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Downtown L.A. real estate is drawing N.Y. investors' interest Downtown Los Angeles, once disdained by Wall Street as a weak collection of office buildings with no pizazz, is drawing newfound fascination from New York firms, many of which are sinking money into the Southland's resur...
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Job Growth Rebounds, but Wages Lag

Wall Street Journal - 4 Oct 2014 03:02
The U.S. unemployment rate slipped below 6% for the first time since the recession as hiring returned to a strong pace, lifting hopes for an economy that continues to show sluggish wage growth and persistent underemploym...
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Lionel Messi Loses Appeal, Criminal Tax Case Heads Toward Trial Lionel Messi's Tax Evasion Trial Looks Inevitable Now as a Spanish Court Rejects His Appeal. But is the Star Athlete Responsible for What his Advisers Did?
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DealBook: A Scramble to Acquire for Drug Companies

The New York Times - 4 Oct 2014 04:12
Companies like Allergan, Valeant, Salix, Actavis and Medtronic are riding a wave of cheap debt and pent-up demand in a slew of recent acquisitions or attempted acquisitions.
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Home Business Owners: Boost Productivity With These Powerful Jedi Mind Tricks Working from home is fraught with distractions. Use these powerful Jedi mind tricks (and a little bit of the Force) to overcome obstacles to your productivity.
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a a NEW YORK (TheStreet) -- Jobs. That's what we all care about. How to get a job, where to get a job, and if you're just coming out of college or out of work for some time, which industry has the best job opportunities?...
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Apple CEO Tim Cook reflects on Steve Jobs' passing in an email to employees Apple cofounder Steve Jobs passed away on Oct. 5, 2011, due to complications stemming from his battle with pancreatic cancer. He was 56. The three-year anniversary that historic passing is this Sunday, so Tim Cook sent a...
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China sure to tally costs in handling Hong Kong's protests When the lips are gone, the teeth will grow cold, as the ancient Chinese saying goes. If China and Hong Kong are like lips and teeth, their relationship can bear only a limited amount of strain before both will suffer. T...
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Microsoft says Samsung Electronics has paid the software giant more than $1 billion as an annual fee to use Microsoft technology in Samsung phones. It's just one glimpse into a complex web of technology patents and accom...
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Yahoo Nears Snapchat Investment

Wall Street Journal - 4 Oct 2014 02:55
Yahoo plans to reinvest a small portion of the cash it made from an early bet on Alibaba in another fast-growing startup: Snapchat. Yahoo would be part of a fundraising round slated to value Snapchat at $10 billion.
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How David Fincher Turned Pulpy 'Gone Girl' Into A Work Of Art "Gone Girl" probably won't win an Oscar for Best Picture, though it's already getting buzz; it's too ridiculous and trashy for Academy voters. But David Fincher's new movie, which debuted last week at the New York Film ...
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Report: Hackers Attacked 9 Other Financial Firms Besides JPMorgan Officials say hackers with ties to the Russian government were involved in the JPMorgan attack
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Google responds to threat of $100 million lawsuit on leaked celebrity nude photos Google has replied to a $100 million lawsuit threat filed by popular female personalities who became victims of image hacking. A spokesperson from Google said that the photos have already been removed.
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DealBook: Hackers' Attack Cracked 10 Banks in Major Assault

The New York Times - 4 Oct 2014 03:54
As the breadth and potential source of the attack on JPMorgan Chase became clearer, Washington officials urgently expressed concern about the potential for more serious attacks in the future.
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Financial watchdog sounds alarm on bank security breach New York's top financial watchdog is ringing the alarm for Wall Street after bank giant JPMorgan Chase revealed one of the largest security breaches in history. Benjamin Lawsky, the superintendent...
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It's time for the next wave of healthcare analytics startups Guest Post: New startups are finding it difficult to differentiate from the swath of other companies unless they have something extremely novel.
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FCC pauses clock on Comcast-Time Warner Cable merger

New York Post - 4 Oct 2014 01:29
FCC pauses clock on Comcast-Time Warner Cable merger The U.S. Federal Communications Commission said on Friday it paused its “shot-clock” on the review of the proposed $45 billion merger between the two largest U.S. cable providers, Comcast Corp...
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States Investigate Massive JPMorgan Chase Hack JPMorgan has said that information on 76 million households and 7 million small businesses may have been exposed in the data breach.
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Wealth Matters: A Potential Game Changer for Estate Taxes on Art A court battle over taxes on a family's art collection may have created a template for other families looking to reduce the burden of taxes on their portfolios.
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