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Business News

Location American Business News for 27 October 2014

HUL holds price line, awaits input cost deflation

livemint.com - 27 Oct 2014 17:15
HUL holds price line, awaits input cost deflation Larger players may have locked in to higher prices and will have to bide their time for lower raw material prices to kick in
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Giant gold nugget in California sells for $400,000 The Butte Nugget, which weighs 6.07 pounds, was sold for a secret price to a secret buyer. The middleman, however, revealed that the initial asking price was $400,000.
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The 10 Most Expensive Halloween Costumes Ever Sold On eBay

Business Insider - 27 Oct 2014 23:11
The 10 Most Expensive Halloween Costumes Ever Sold On eBay When it comes to Halloween costumes, some fans are willing to drop some serious cash to dress like their favorite characters.  Some people turn to online marketplaces like eBay to find the perfect getup. Market research...
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The 5 Biggest Profit Secrets for Creative Entrepreneurs

The Huffington Post - 27 Oct 2014 23:40
The 5 Biggest Profit Secrets for Creative Entrepreneurs Creatives are those who, by and large, would much rather be dreaming up inspired and imaginative strategies and designs than sitting down looking at P&Ls or dealing with staff issues. Driven to create, they believe that ...
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Hedge-Fund Manager's Combative Style Pays Off

Wall Street Journal - 27 Oct 2014 04:05
Corvex's Keith Meister, the onetime right-hand man of Carl Icahn, is earning a reputation of his own as an activist investor.
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NEW YORK (TheStreet) -- Pittsburgh Steelers quarterback Ben Roethlisberger had anahistoric Sunday, passing for 522 yards, six touchdowns and no interceptions, leading his team to a 51-34 victory over the Indianapolis Col...
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Bridgewater Is Suing 2 Ex-Employees For Allegedly Lying About Their Roles While Marketing Their New Hedge Fund Ray Dalio's $160 billion hedge fund behemoth Bridgewater Associates is suing two former employees for allegedly "lying to the market about their former roles" while marketing their new hedge fund to investors, according ...
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Carmelo Anthony Refutes ESPN Report, Says He Would Love To Play With Kobe Bryant Though Carmelo Anthony re-signed with the New York Knicks this summer instead of the Lakers, he claims it wasn't because of his hesitancy to play with Kobe Bryant. Last week, ESPN The Magazine released a report quoting L...
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Inside The Lab Of A Japanese Scientist Who Is Building A Robot Version Of Himself While studying at the London College of Communications, photographer Luisa Whitton was commissioned to shoot her dream project: inside the robotics lab of Japanese scientist Hiroshi Ishiguro. Ishiguro is the director of ...
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(Reuters) - Investors were spared immediate pain on Sunday after the European Central Bank's landmark banking health check did not force massive capital hikes amongst the euro zone's top lenders. But the sector's long-te...
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Wall Street Will Not Be Kind To Brazil Tomorrow

Business Insider - 27 Oct 2014 00:17
Wall Street Will Not Be Kind To Brazil Tomorrow Dilma Rousseff has won another term as Brazil's President, BBC News is reporting. The election results aren't official yet, but President Rousseff has nearly 51% of the vote with 95% of all ballots counted. Despite alleg...
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26 of the Greatest Lessons Max Levchin Learned as a Young Entrepreneur Among Max Levchin's lessons learned as a young entrepreneur, which are the greatest?
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Adlabs raises Rs50 crore in pre-IPO placement

livemint.com - 27 Oct 2014 18:48
Adlabs raises Rs50 crore in pre-IPO placement The company says NYLIM Jacob Ballas India Holdings and Jacob Ballas Capital India bought the shares
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Apple's iTunes Sales Suffer On Changing Consumer Trends Sales at Apple Inc.'s (AAPL) iTunes Store have fallen 13-14% worldwide since the start of 2014, according to the Wall Street Journal. This decline is much more significant than the paltry drop in revenue of 2.1% that the...
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The ETF That Tracks Brazil's Stock Market In Japan Is Crashing On Sunday, Brazilian President Dima Rouseff won reelection. And as Business Insider's Linette Lopez wrote following the result, Wall Street is not going to be thrilled with this outcome. As Lopez wrote: "Over the last fo...
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Lottery sales surpass $5 billion for first time

L.A. Times - 27 Oct 2014 04:00
Lottery sales surpass $5 billion for first time California's lottery is on a winning streak.
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Will China Fund the World's Next Round of Economic Expansion? This is a guest post by Shrey Verma, a graduate student at the Johns Hopkins University School of Advanced International Studies. You can follow him on Twitter at @shrey7.
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Travel notables.
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Forget Inflight Cocktails: For Your Next Mile High Business Meeting Drink This Tomato juice is one of the more requested drinks on airplanes. Here's why.
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How JCPenney's Merchandising Strategy Could Backfire

Business Insider - 27 Oct 2014 23:19
How JCPenney's Merchandising Strategy Could Backfire JCPenney's business, which has been increasingly stable since Ron Johnson left the helm in 2013, could be headed for a crash.  The department store is increasingly phasing out brand names for private labels, a move that...
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21,000 say their MacBooks are defective

CNN - 27 Oct 2014 23:17
21,000 say their MacBooks are defective Some MacBook users say the laptops suffer from a manufacturing defect that causes frequent system crashes and graphics failures.
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Salesforce.com Will Soon Reveal Its Next $1 Billion Initiative: Health Care (CRM) In fewer than 100 days, the Benioff Children's hospital will open in San Francisco, mostly thanks to a huge $200 million donation from Salesforce.com CEO Marc Benioff and his wife Lynne. The Benioffs have been working wi...
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