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Business News

Location American Business News for 1 November 2014
We Finally Know The Identity Of The Mystery Woman In 'The Avengers' Sequel Trailer When Marvel released "The Avengers: Age of Ultron" trailer, fans were left with a lot of questions about the anticipated sequel.  The biggest mystery revolved around an unidentified actress spotted at the 37 second mark...
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The 50 Coolest People In UK Tech

Business Insider - 1 Nov 2014 18:18
The 50 Coolest People In UK Tech Coming Soon: Business Insider UK will imminently publish our ranking of the 50 Coolest People in UK Tech. Our list features some of the most interesting startup founders, CEOs, and investors in the UK tech industry. With...
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Slack CEO Explains Why He Thinks His 8-Month-Old App Is Now Worth $1.1 Billion There's been so many billion-dollar startups these days that it's almost starting to feel routine in tech.  Slack, an enterprise work collaboration app, is the latest one to join the club. It announced on Friday that it...
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Japan Takes Massive Stimulus Actions

Wall Street Journal - 1 Nov 2014 05:00
Japan's central bank and its main government pension fund said they would pump trillions more yen into the country's sputtering economy, taking a risky new stimulus tack that jolted global markets.
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Gas falling under $3: What to know

USA Today - 1 Nov 2014 03:09
Gas falling under $3: What to know U.S. is on track for the lowest annual average since 2010, and prices could fall even more next year.          
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China Wobbled Again

Business Insider - 1 Nov 2014 03:04
China Wobbled Again China's manufacturing PMI missed expectations, coming in at 50.8 rather than 51.1. This is also down from September's read of 51.2. Remember that any number lower than 50 in this metric suggests a contracting economy. So...
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SciQuest shares tumble after Q3 results disappoint

News Observer - 1 Nov 2014 00:40
SciQuest shares dropped 12 percent Friday after the Cary software company failed to close a number of large contracts in the third quarter, an issue that also plagued it in…
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Banker's Wife Alleges Drug Abuse And Extramarital Sex With High-Powered Business Associates In Divorce Documents It sounds like something straight out of "The Wolf of Wall Street." Join the conversation about this story »
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China's manufacturing sector grew more slowly in October, the latest indication that the country's economy is cooling. The official Purchasing Manager's Index (PMI) reading for China released Friday was 50.8, down from 5...
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The agreement was reached after both sides accepted the financial realities, in the face of an approaching winter.
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(Reuters) - Herbalife Ltd would pay $15 million to settle an 18-month battle over a class action lawsuit brought by a former distributor claiming that the nutrition and supplements company is running an alleged pyramid s...
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Amazon.com on Friday released a report on its employee diversity that shows its workforce is mostly white and male, a finding that mirrors similar disclosures by high-tech companies such as Google and Facebook.
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I Went To A Conference That Costs $5,000 To Attend

Business Insider - 1 Nov 2014 17:59
I Went To A Conference That Costs $5,000 To Attend Earlier this week, The Wall Street Journal put on its very first tech conference, called WSJD Live. It was held at the Montage Resort in Laguna Beach, California. Speakers included Apple CEO Tim Cook, Jack Ma from Alibab...
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(Reuters) - J.P. Morgan Chase & Co learned about hackers who stole the bank's contact information for 76 million households and 7 million small businesses through a corporate event that it sponsors, the Wall Street Journ...
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Space tourism set back by accident, industry still sees lift off The wait for paying passengers to see Earth from the vantage point of space looked a lot longer on Friday, following the fatal crash of Virgin Galactic's first spaceship, but aspiring space tourists did not appear to be ...
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The Bank of Japan's decision to accelerate asset purchases as the Fed is backing off means a strong dollar is likely here to stay, says Morningstar's Bob Johnson.
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Zombie Brands: The Science Behind Undead Market Icons

The Huffington Post - 1 Nov 2014 02:11
Zombie Brands: The Science Behind Undead Market Icons - A Halloween monster-mash co-authored with Tatiana Astray, Ana Babic, Anton Siebert, and Ela Veresiu of the Schulich School of Business marketing department When companies and products die, their brands often live on. F...
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The Fed recently decided the U.S. economy was strong enough to stop expanding the money supply. At the same time, Japan, a country that has been struggling with a sluggish economy for decades, is rapidly expanding its mo...
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Ferrari Fined $3.5 Million for Not Reporting Fatal Crashes

The New York Times - 1 Nov 2014 01:43
The transportation secretary said there was "no excuse" for the carmaker not to comply with a law requiring it to submit reports of fatal accidents to the government.
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Black Friday deals on technology and more start early: Wal-Mart, Amazon, Target, Sears, Office Max, Office Depot Some major retailers are starting Black Friday sales as early as Nov. 1, offering deep discounts and free shipping on many popular technology items.
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Lenovo Supplants Xiaomi To Become Third-Largest Smartphone Maker Yesterday, Xiaomi reached a milestone by becoming the third-largest smartphone manufacturer in the world, after Samsung (SSNLF) and Apple (AAPL) in the first and second position, respectively. The achievement didn't last...
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Why middle-aged entrepreneurs will be critical to the next trillion-dollar business Guest Post: Older entrepreneurs are often shunned while younger entrepreneurs receive attention and funding. This is hurting the venture-capital system as well as Silicon Valley -- because the stereotypes are flawed.
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