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Business News

Location American Business News for 6 December 2014

Grid-Scale Storage: Smooth Operators

Business Insider - 6 Dec 2014 22:24
Grid-Scale Storage: Smooth Operators Matching output to demand is hard with wind and solar power. The answer is to store surplus juice on the grid until it is needed ON OCTOBER 28th a battery factory opened in Concord, North Carolina. That was good for an a...
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Bits Blog: Videotaped Deposition of Steve Jobs Played in Apple iPod Trial The late Apple chief defended his company's decision to strictly control the music that can be played on an iPod in testimony recorded six months before his death.
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Cisco Sues Networking Rival

Wall Street Journal - 6 Dec 2014 04:08
Cisco Systems sued Arista Networks, accusing the fast-growing competitor of infringing on an array of Cisco patents and copyrights associated with its networking equipment.
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The Canadian government has begun an investigation “into the alleged injurious dumping and subsidizing” of solar photovoltaic modules made in China.
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We May Have Reached The 'Apocalyptic Scenario' With Antibiotics Centers for Disease Control and Prevention director Tom Frieden made headlines last year when he proclaimed that the United States would "soon be in a post-antibiotic era," meaning we'd be plagued by everyday infections ...
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The Best And Worst Run States In America: A Survey Of All 50

The Huffington Post - 6 Dec 2014 23:33
The Best And Worst Run States In America: A Survey Of All 50 North Dakota is 24/7 Wall St.'s best-run state for a third consecutive year.
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HP's First Black Professional In Computers Explains Why Tech Lacks Racial Diversity When you look at diversity in Silicon Valley's biggest tech companies, one thing becomes very clear: they're largely white and male. Especially, when it comes to African-American workers, the employment numbers are quite...
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Is this about Net Neutrality, a Hostage Situation or Just Extortion? It's Hard to Say. This is the computer screen I was confronted with while attempting to watch the latest episode of "Marvel's Agents of S.H.I.E.L.D", Season 2, online at ABC.com's site. It says: "Select your provider." And what do you kno...
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Are Europeans Spending Too Little on Health Care Compared to the US? It is common for health policy experts to argue that US health care spending is wasteful compared to its European counterparts because we are not getting better health for the larger amount of spending taking place here....
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DealBook: Merck in Talks to Acquire Drug Maker Cubist for More Than $7 Billion The deal, which could be announced next week, would be another multibillion-dollar health care transaction in a banner year for mergers and acquisitions in the industry.
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These Are The World's Most Expensive Skyscrapers

The Huffington Post - 6 Dec 2014 01:34
These Are The World's Most Expensive Skyscrapers This article originally appeared on ArchDaily. by Rory Stott It may or may not be the tallest building in North America, but one thing's for sure: when it comes to costs, no other skyscraper comes close to New York's One...
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These 4 tech IPOs will raise more than $1B next week At some point, this year became a long-running waiting game for those looking out for technology companies that are going public. Several fast-growing privately held tech companies, from Box to Dropbox, from Cloudera to ...
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Government Shutdown Talks May Gut Retirement Security Rule

The Huffington Post - 6 Dec 2014 03:16
Government Shutdown Talks May Gut Retirement Security Rule WASHINGTON -- One casualty of the House budget talks to avert a government shutdown may be a proposed rule requiring investment advisers to act in the best interests of their clients, according to multiple House Democrat...
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Suspicions keep Chinese telecom firm Huawei out of U.S. market -- In mid-November, the giant Chinese telecommunications firm Huawei invited networking executives from some of the more than 170 countries where it does business for a two-day Global Mobile Broadband Forum. The potentia...
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Merck Nears $8 Billion Deal to Buy Cubist Pharmaceuticals

Wall Street Journal - 6 Dec 2014 05:38
Drug giant Merck is nearing a deal to buy antibiotics maker Cubist Pharmaceuticals Inc. for more than $8 billion, people familiar with the matter said.
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Hackers Send Emails to Sony Employees

The New York Times - 6 Dec 2014 04:27
Employees of Sony Pictures received emails bearing threats in broken English, while the studio and F.B.I. continued to work on the case.
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Brighter Economy Raises Odds of Action in Congress

The New York Times - 6 Dec 2014 04:02
Brighter Economy Raises Odds of Action in Congress An improving labor market, broad economic growth and a falling federal budget deficit are brightening the prospect of bipartisan cooperation next year.
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The Week Ahead: Is the Bull Market Only Half Over? With more new highs in the major US averages last week, some analysts are worried about too much complacency, and therefore, the potential for a market top. Others argue that the increasingly strong US dollar and very lo...
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British Court Rules in Favor of Electronic Surveillance

The New York Times - 6 Dec 2014 01:37
The decision comes after a global outcry against programs like Prism, which have given spy agencies almost unfettered access to Internet communications.
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On Jan. 1, 2015 a new law takes effect that limits small farm wineries and cider makers in Massachusetts from selling directly to retailers. Legislators say it's a mistake, but producers are still worried that large port...
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NEW YORK (TheStreet) - This year will likely end as the most robust for merger and acquisition activity since the 2008 financial crisis, with deal activity up 38% in the first 10 months, according to data from Dealogic. ...
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Jingle Bell, Jingle Bell, Jingle Bell Jobs

Wall Street Journal - 6 Dec 2014 04:52
A better jobs environment will have consumers spending more through the holidays--and put the Federal Reserve on notice.
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