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Business News

Location American Business News for 18 December 2014
The Top 10 Equity Crowdfunding Campaigns of 2014 It was a banner year of growth for the crowdfunding industry in 2014 as several record-setting rewards-based and equity-based crowdfunding campaigns took place.
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Texas is in danger of a recession

CNN - 18 Dec 2014 22:39
Texas is in danger of a recession The shale boom has been a blessing to Texas, but tumbling oil prices are casting a shadow over the state.
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How Learnvest's CEO Raised Her First $1 Million in 6 Months "There was no pitching. People just got it."
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Intellect Design Arena lists on BSE, NSE

livemint.com - 18 Dec 2014 17:45
Intellect Design Arena lists on BSE, NSE The share lists at `69.25 and closed at `72.70 per share, registering a gain of 4.98% on NSE
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Motherson Sumi: Master of acquisitions

livemint.com - 18 Dec 2014 16:22
Motherson Sumi: Master of acquisitions Albeit minuscule when compared with its €1.4 billion Peguform purchase, Motherson Sumi is confident the €36 million Scherer and Trier buy will soon add to consolidated profit
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Icahn brokers 'deal' to save Atlantic City's Trump Taj Mahal Carl Icahn is saving Atlantic City's second-biggest casino, the Trump Taj Mahal, The Post has learned. The bankrupt, nearly 25-year-old casino was scheduled to close its doors Saturday morning. The...
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Charney plotting return to American Apparel

New York Post - 18 Dec 2014 23:27
Charney plotting return to American Apparel American Apparel is being stalked by at least two prospective acquirers -- and the idea is to bring back founder Dov Charney. The cash-strapped clothing chain has received multiple takeover...
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NEW YORK (TheStreet) -- Drew Dinkmeyer was a 31-year old investment analyst working for CapTrust Financial Advisers in Tampa, Florida, when he quit the finance game for good last year.  It doesn't look he's going to be ...
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This Addictive Game Could Save You Money On Your Next Utility Bill It worked for some PG&E households in California. If you're looking to waste some time today--and since you're reading this column, that's a pretty safe bet--check out the online strategy game Power House on Facebook. Th...
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Human Rights Experts Denounce World Bank's Proposed Safeguard Changes WASHINGTON -- A group of United Nations experts on human rights is urging the World Bank to reconsider proposed revisions to its safeguards for development projects. In a letter to World Bank President Jim Yong Kim made ...
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Americans send $2 billion a year to Cuba That number will likely grow as the Obama Administration eases restrictions with the Communist country.
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Sony Cancels Release of 'The Interview' Amid Threats While the seriousness of the threats made by hackers are unclear, Sony has decided to cancel the controversial film's Dec. 25 release.
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Is Arista Networks (ANET) In Trouble After Cisco's (CSCO) Lawsuit? Kelyn Brannon, CFO of Arista Networks (NASDAQ:ANET), disposed a total of 20,000 shares on December 17. The shares were sold at $67.92, with a total worth of $1,358,400, according to an SEC filing. Ms. Brannon does not ow...
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MOGUL Is Building A Digital Hub For Women

Forbes - 18 Dec 2014 20:12
MOGUL Is Building A Digital Hub For Women Meet MOGUL a worldwide platform connecting women to top trending content, that includes articles, videos, jobs, events, products, and discussions, personalized to their interests.
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Russian President Vladimir Putin said Thursday that the country's economic crisis could be fixed within two years as the government will undertake measures to diversify the economy, which is heavily dependent on petroleu...
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(Reuters) - Two brokerage units of Wells Fargo & Co must pay a joint $1.5 million fine for failing to comply with anti-money laundering regulations by not verifying 220,000 new accounts during a nine-year period, the Fin...
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The NBA Used An Espionage Trick Known As 'Canary Trap' To Catch Teams Leaking Info To The Media The NBA fined Detroit Pistons president of basketball operations Joe Dumars $500,000 in 2010 for leaking information to Yahoo! Sports NBA insider Adrian Wojnarowski according to Kevin Draper of NewRepublic.com. It is one...
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Why Everybody Is Talking About Chobani Yogurt Hamdi Ulukaya, founder and CEO of Chobani, speaks at the Inc. 5000 conference about how he jumped feet first into entrepreneurship by buying an unwanted factory.
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The Biggest U.S. IPOs In History

Forbes - 18 Dec 2014 22:31
The Biggest U.S. IPOs In History Alibaba's looming offering looks likely to beat out Visa and Facebook as the biggest IPO in U.S. history
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15 Great Stocks For 2015

Forbes - 18 Dec 2014 22:18
15 Great Stocks For 2015 Trying to outguess the market can make a fool of anyone. Instead of trying to move in and out of the market, a better strategy is to buy quality stocks that you can ideally hold for the longer term. With that in mind, we...
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Why Ford May Be The Big Short

Forbes - 18 Dec 2014 22:18
Why Ford May Be The Big Short Though I run a long-only strategy for my clients, I'm often asked for short ideas.  Though I haven't specialized in the industry in quite some time, my Wall Street background is as an equity research analyst following a...
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Who's afraid of a US Federal Reserve rate hike?

livemint.com - 18 Dec 2014 21:35
Who's afraid of a US Federal Reserve rate hike? When the Fed raises interest costs, it is a signal the huge US economy is doing well, something that comes with investment and trade benefits for other countries
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