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Business News

Location American Business News for 4 December 2014
Sehgals lead India's largest auto parts maker - Motherson Sumi - to new geographies Father-son team at Motherson Sumi takes on an industry's ups and downs.
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Great Apologies Make Great Leaders

Forbes - 4 Dec 2014 04:37
The power of apology: turning dissatisfied customers into fans and advocates.
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How Lower Oil Prices Will Affect Kinder Morgan (KMI) Merger Falling oil prices have been a major source of concern for the oil industry. The shale oil boom in the US, followed by OPEC's decision to maintain production at 30 million barrels of oil per day (bpd) are among the reaso...
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DealBook: Booyah! Activist Investor Hurls Purple Prose at Jim Cramer In a spellbinding letter to Jim Cramer, the activist investor J. Carlo Cannell urged him to cut his pay 70 percent, resign from CNBC and direct his energy to "helping your fellow shareholders crawl back from Hades."
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3 Easy Ways To Ruin Your Career

Business Insider - 4 Dec 2014 22:22
3 Easy Ways To Ruin Your Career Establishing a successful career is often a long and difficult process. But ruining it can be quick and easy. Aside from the obvious, like lying and performing poorly, here are a few simple ways to tarnish your professio...
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MIAMI (AP) -- A for-profit Florida college used exotic dancers as admissions officers, falsified documents and coached students to lie on financial forms as it fraudulently obtained millions of dollars in federal money, ...
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NSEL scam: Investors ask Bombay HC judge to recuse himself Investors, in a letter to Justice V.M. Kanade, say his son had earlier appeared for a NSEL defaulter and 'there is an obvious likelihood of a bias'
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Nothing Seems To Be Working For Abercrombie & Fitch

The Huffington Post - 4 Dec 2014 17:23
Nothing Seems To Be Working For Abercrombie & Fitch Abercrombie & Fitch is trying everything to get teens and college kids to come back to its stores. It's eliminating clothes with logos, rolling out new store designs and culling underperforming locations while attempting...
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Alabama Anti-Discrimination Bill To Be Named After Apple CEO Tim Cook BIRMINGHAM, Ala.
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'Rolling Stone' story on U. Va. rape criticized Critics cite holes in 'Rolling Stone' story about an alleged rape at University of Virginia.          
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NEW YORK (TheStreet) -- Shares of Activision Blizzard are up 1.12% to $21.72 as reviews fueled Pacific Crest analysts' optimism on the commercialization potential of its Call of Duty Online video game in China. Cal...
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Microsoft shareholders approved the pay package, despite concerns raised by an investor advisory group.
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For-Profit College Used Strippers As Admissions Officers, Lawsuit Claims MIAMI (AP) -- A for-profit Florida college used exotic dancers as admissions officers, falsified documents and coached students to lie on financial forms as it fraudulently obtained millions of dollars in federal money, ...
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NEW YORK (TheStreet) -- You have to give BlackBerry credit. The one-time smartphone industry leader's long-term decline at the hands of Apple iPhones and Google Android-based devices would probably have demolished most l...
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Buck Mason is Building a Timeless American-made Clothing Brand Meet Buck Mason, a minimalist men's clothing brand. A profile and Q&A with the founders.
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Former Zillow worker sues over penis pic, culture of misogyny Zillow's maps have no doubt featured a frat house or two, but an explosive lawsuit filed by a former employee claims the online real-estate outfit actually operates out of one...
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Hong Kong native Alvin Tse left home in 2006 for Stanford University, where holds an undergraduate degree in management and engineering.  Like many in Silicon Valley, he had an early passion in life for entrepreneurism....
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Drug Development In A Time Of Ebola

Forbes - 4 Dec 2014 05:27
Drug Development In A Time Of Ebola The world is facing the worst Ebola outbreak in history. Now is the time to test new drugs and vaccines. The FDA?s top minds tell us how we can do it.
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Study Finds Violations of Wage Law in New York and California The United States Labor Department says that a new study shows that between 3 and 6 percent of all workers in both states are paid less than the minimum wage.
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Lei Jun, named today as Forbes Asia’s 2014 Businessman of the Year, leads the team that in only four years has turned Xiaomi into China's No. 1 smartphone vendor, topping Apple and Samsung. Success at home helped ...
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Rite Aid Settles Whistleblower Case for Nearly $3M Feds say the pharmacy chain paid to settle allegations that it improperly used gift cards to lure new business
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Ford expands U.S. recall of Takata air bags

Reuters - 4 Dec 2014 03:36
(Reuters) - Ford Motor Co said it will expand a U.S. recall of vehicles with Takata Corp passenger-side air bags, becoming the latest carmaker to do so in response to the regulator's request.
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