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Business News

Location American Business News for 23 October 2014

The #1 Dumb Thing Businesses Do to Hurt Themselves

The Huffington Post - 23 Oct 2014 23:27
The #1 Dumb Thing Businesses Do to Hurt Themselves If you really want to hurt your business, ignore what your customers want. Let me give you a few examples of this stupid business trick in action. If you're a seafood fan like me, chances are you've eaten at Red Lobster....
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The 10 Best Coffee Shops In San Francisco

Business Insider - 23 Oct 2014 23:17
The 10 Best Coffee Shops In San Francisco San Francisco is filled with coffee lovers and shops that are dedicated to offering the best roasts around.  The folks at Yelp helped us create a list of the best places to satisfy your caffeine craving in the Bay Ar...
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Hedgie Brevan Howard invades Fortress, nabs top executive Brevan Howard, one of the largest hedge funds in the world, has hired a top executive from competitor Fortress Investment Group to lead its risk business, The Post has learned....
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Retirement savers will be able to sock away $18,000 in 401(k)s next year, with those 50 and over able to save $24,000, but statistics suggest that few will 'max out.'
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Here's Facebook's Newest App, Rooms -- It Wants To Make Old-School Internet Forums Sexy Again (FB) In 2011, Josh Miller left Princeton during his senior year to co-found a group blogging startup, Branch. Branch went on to raised $2 million from a bunch of notable investors and was advised by Twitter co-founders Evan W...
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The 10 Things You Need To Know In Advertising This Morning

Business Insider - 23 Oct 2014 12:00
The 10 Things You Need To Know In Advertising This Morning 1. Publicis Groupe chief Maurice Lévy just admitted the company's disappointing financial results this year are his fault for concentrating too hard on the failed Omnicom merger. In a very frank earnings call Lévy also...
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The Job Stress Epidemic Is Making Us Sick

Forbes - 23 Oct 2014 06:23
The Job Stress Epidemic Is Making Us Sick It is safe to say that job stress is an epidemic, and that both employers and employees need to gain a better understanding of exactly where their stress is coming from and how it affects their health in order to identif...
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Satya Nadella bets big on cloud: Here's what Microsoft is doing Microsoft CEO Satya Nadella is hell-bent about doing business on the cloud, believes that the only true competition to contend with are Google and Amazon.
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Why This Startup Raised $42.5 Million Before It Came Out Of Stealth Illumio is a computer security startup with a product so radical, it raised $42.5 million before it even came out of stealth mode, and from a who's who of investors. Its backers include Salesforce.com CEO Marc Benioff, Y...
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Watch: Social Security Wages Rise for 60 Million Recipients Benefits to rise by about $20 in January.
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(Editor's note: This story was originally published on Real Moneyaon Oct. 22, 10:23 a.m.) The bears tend to forget that upside momentum doesn't die easily. While it may seem logical that the market needs a rest after hav...
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Could High Drug Prices Be Bad For Innovation? Policymakers are scrutinizing high prices for specialty drugs like never before. Gilead’s Sovaldi at $84,000 for a treatment course is in part to blame -- or credit -- for this, but so are Vertex’ Kalydeco, Merck’s...
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PM Narendra Modi should use honeymoon period to push reforms: Ryan Huang The IG Markets strategist says reforms introduced by the government should perk up investor interest that had recently begun to flag
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The 10 Most Important Things In The World Right Now

Business Insider - 23 Oct 2014 09:59
The 10 Most Important Things In The World Right Now Good morning! Here's what you need to know for Thursday.  1. Much of downtown Ottawa was on lockdown on Wednesday after a gunman, identified as Canadian Michael Zehaf-Bibeau, shot and killed a soldier at the National...
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The 10 Most Unbelievable Excuses People Gave When Calling In Sick Just when you thought you had heard every excuse under the sun, here are the top excuses as reported by CareerBuilders.com.
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How to Boost Your Mental Toughness: Tips From a Spy Think your job is tough? Try convincing a Soviet agent to spy for the U.S. For that, you need a large dose of grit. Here's how to get it.
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Business Pardners on the Mega-Ranch

Wall Street Journal - 23 Oct 2014 21:46
In a modern-day stampede, billionaire execs are buying ranches for the cattle operations, game-hunting--and to entertain clients and guests.
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Think it would be hard to lose $20 million in a year? This article will show you just how easy it is and may challenge your assumptions about athletes and sudden wealth...
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Strong North America Sales Boost General Motors Profit Above Expectations Customers in North America clamored for General Motors' trucks and SUVs in recent months, and this strong demand proved to be a boon to the automaker's bottom line: the company reported stronger-than-expected third quart...
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UniTek Global Services Inc. has reached a deal with its lenders led by private equity firms Littlejohn & Co. LLC and New Mountain Capital LLC to swap roughly 40% of its debt for equity, a source familiar with the situati...
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Etsy launches its own mobile card reader for sellers

Venture Beat - 23 Oct 2014 15:23
Etsy launches its own mobile card reader for sellers Etsy is jumping on the card reader bandwagon, the company is announcing today. “We've worked hard at Etsy to develop a leading online marketplace for buying and selling unique goods. However, 90% of all retail purchase...
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Why Millennials Are Flocking to 401(k)s in Record Numbers First-time 401(k) plan enrollees are soaring as young workers enter the labor force. This is a positive development. But it won't solve our savings crisis by itself.
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