Business News
A Tiny Apartment Works Twice as Hard
Wall Street Journal - 17 Dec 2014 17:57
For his 670-square-foot New York apartment, interior designer Amir Khamneipur chose pieces that could do double-duty.
Get Ready For The Hack Attack That Drives A Big Company Out Of Business
Business Insider - 17 Dec 2014 04:17
I had an interesting conversation with a person in the computer security industry a few weeks ago. This person is absolutely convinced that 2015 will be the year that some company goes out of business because they didn't...
Marissa Mayer Refused To Hire Gwyneth Paltrow Because She Doesn't Have A College Degree (YHOO)
Business Insider - 17 Dec 2014 23:32
Wednesday morning, The New York Times Magazine published a long adaptation of a book called "Marissa Mayer and the Fight to Save Yahoo!" (Disclosure: The author of this post wrote both.) The Times story points out an int...
Ruble Crisis Could Force Russia To Spend Another $70B Amid Economic Turmoil
IBTimes - 17 Dec 2014 12:31
The Bank of Russia could spend almost a sixth of its $416 billion reserves to boost ruble and the country's stricken economy after its desperate move to increase the key interest rate failed to halt the currency's worst ...
How Success Makes You Fail
inc - 17 Dec 2014 22:35
Best-selling author and executive coach Marshall Goldsmith says that being awesome got you where you are, but believing your own press will make future improvement really hard.
Junk Bond Market Turns Negative
Wall Street Journal - 17 Dec 2014 20:40
Trading turmoil has dragged junk-bond returns into the red for the year, creating an opportunity for some buyers to re-enter the market in a search for bonds at bargain prices.
How To Adjust Your Business Data For Seasonality
Forbes - 17 Dec 2014 17:30
Tis the season for economic and business data to get messed up by—the season! Things are not normal this time of year. Shopping for clothing goes up, for building materials goes down, and woe be to the executive who do...
The Worst CEO Screw-Ups Of 2014
Forbes - 17 Dec 2014 17:30
Which CEOs made the most egregious errors in 2014? This year we’ve got quite a variety, from Eddie Lampert at struggling 121-year-old retailer Sears, to the ousted bosses at clothing sellers Abercrombie and American Ap...
Traders Are Buzzing About The Cuba News -- Here's What They're Saying (CUBA)
Business Insider - 17 Dec 2014 17:21
President Obama is set to make a statement on Cuba at noon ET. The press conference follows news that American aid worker Alan Gross was released from prison in Cuba as part of a prisoner exchange as the US plans to "o...
'A Sense Of Panic' May Force Putin To Sack His Government
Business Insider - 17 Dec 2014 13:07
Michael McFaul, former US ambassador to Moscow, told CNBC that there is "a sense of panic among [Russia's] elites right now" that could lead Russia's President Vladimir Putin to change his government. The Stanford profes...
6 Ways to Hire Better People by Banning the Use of Job Descriptions
inc - 17 Dec 2014 12:00
Skills- and experience-laden job descriptions are at the root cause of why companies are having difficulty hiring enough strong people. There is a solution: First define the results required to be successful. Then find p...
ICE Proposes Major Stock-Market Overhaul
Wall Street Journal - 17 Dec 2014 21:41
Jeffrey Sprecher, CEO of Intercontinental Exchange and owner of the New York Stock Exchange, has begun his first major foray in overhauling the U.S. stock market. In a draft letter being circulated among large banks and ...
OnDeck Capital Surges Above $20 IPO Price
Wall Street Journal - 17 Dec 2014 20:43
Shares of web-based small-business lender OnDeck Capital Inc. opened at $26.50, 32.5% above their initial public offering price Wednesday.
Asian Business Sentiment Rebounds In Fourth Quarter With India Most Optimistic
IBTimes - 17 Dec 2014 12:31
(Reuters) - Business sentiment among Asia's top companies rebounded in the fourth quarter to the second-highest level in almost three years, a Thomson Reuters/INSEAD survey showed, helped by a stronger U.S. economy and a...
Congress Secretly Voted Themselves a Cromnibus Luxury Car Perk
The Huffington Post - 17 Dec 2014 02:14Steve Carell's North Korea-Based Thriller Scrapped After Sony Scandal
Business Insider - 17 Dec 2014 23:24
On the heels of news that major theater chains caved to scary threats by hackers and won't be showing Sony's "The Interview," New Regency announced that its new movie based in North Korea is also cancelled. The thriller ...
Fed Sticks to Patient Tack on Rate Hikes
Wall Street Journal - 17 Dec 2014 21:49
Federal Reserve officials took a delicate step toward raising short-term interest rates in 2015, introducing language into their policy statement that asserted they would be patient about moving away from near-zero short...
DealBook: Law School Enrollment at Lowest Level Since 1987
The New York Times - 17 Dec 2014 21:25
The number of law students this fall dropped nearly 7 percent from last year, according to the American Bar Association, and was 17.5 percent below the historic high enrollment in 2010.
Stocks Jump
Wall Street Journal - 17 Dec 2014 21:41
U.S. stocks extended gains Wednesday after the Fed signaled that it was in no hurry to raise interest rates.
Greek's EMU Future Hazy After Presidential Poll
Forbes - 17 Dec 2014 21:35
The government's candidate loses the first round of the presidential ballot, creating a path to power for Greece's euro-skeptic party.
Welcome To The Future: The 8 Most Game-Changing Innovations Of 2014
The Huffington Post - 17 Dec 2014 19:49DealBook: Russian Government Tries to Support Volatile Ruble
The New York Times - 17 Dec 2014 15:52
The country's Finance Ministry said it was prepared to sell as much as $7 billion of its foreign currency reserves to support the ruble, which an official called "extremely undervalued."