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Business News

Location American Business News for 21 December 2014
The Crumbling Ruble And Sanctions Are Pushing Russians Out Of London's Property Market Russian buyers are flooding out of London's property market, according to an amazing Bloomberg piece.  Sanctions, bank limitations on withdrawals and the shattered ruble are killing Russian demand for luxury London hous...
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Sony Pictures hack fuels speculation about studio's possible sale Fallout from the crippling cyberattack on Sony Pictures Entertainment has called into question exactly what the future holds for one of Hollywood's biggest names.
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A 25-Year-Old Coding Genius Was Making $500,000 A Year In College, And He Just Raised $10 Million For A Startup At the ripe old age of 25, Mitchell Hashimoto, CEO and co-founder of a promising young startup called HashiCorp, has already had a lucrative 12-year career in tech. He launched his first tech startup when he was 12. "I w...
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SBI plans to unlock value of subsidiaries by selling shares: Arundhati Bhattacharya SBI to decide on move after discussing proposals with joint venture partners, says SBI chairperson
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What It's Like To Be One Of Amazon's Top Reviewers: 'I Get Death Threats' (AMZN) Being an Amazon top reviewer is highly-competitive and kind of surreal.  "I get hate mail. I've had death threats. But then I also have fans who seem to follow everything I do," Mandy Payne, Amazon's #10 top reviewer,...
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T-Mobile (TMUS) Agrees To $90 Million Settlement For Cramming Charges After rebuffing the Federal Trade Commission's (FTC) accusations of mobile cramming for around six months, T-Mobile US Inc (NYSE:TMUS) has agreed to a $90 million settlement.
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Saudi Arabia Says It Won't Cut Oil Output

IBTimes - 21 Dec 2014 23:31
(Reuters) -- Saudi Arabia said Sunday it would not cut output to prop up the crude-oil market even if non-OPEC nations did so, sending one of the strongest signals yet that the world's top petroleum exporter plans to rid...
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Policy changes, crude prices energize oil, gas firms

livemint.com - 21 Dec 2014 20:46
Policy changes, crude prices energize oil, gas firms Deregulation of diesel prices, gas price hike, direct transfer of LPG subsidy sidelined by oil slump
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The Secret Sauce Behind 12 Successful Impact Investment Funds Cathy Clark, co-author of The Impact Investor, discusses the keys to success at 12 impact investment funds.
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Dish Network Drops Fox After Failed Contract Negotiations Both sides are blaming each other
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Raiders Lineman Gives His Paycheck To A 4-Year-Old With A Rare Heart Condition Jay Glazer of Fox Sports brings us a wonderful story on Sunday morning. Menelik Watson, an offensive lineman for the Raiders, gave his game day paycheck to the family of a 4-year-old who was born with a rare heart condi...
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Caesars Entertainment Corp (CZR) Announces Bankruptcy Plans Caesars Entertainment Corp (NASDAQ:CZR) announced yesterday it plans to file for Chapter 11 bankruptcy next month, according to which it will undergo a debt restructuring scheme. With the restructuring program, the compa...
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Couple earns court victory over mortgage debt 'vulture' investor Bankrupt, broke and living with their son, a retired Westchester couple scored a precedent-setting victory last week in the harsh world of distressed mortgage debt. A federal judge in New...
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Mobile Advertising Is Exploding And Will Grow Much Faster Than All Other Digital Ad Categories Mobile is growing faster than all other digital advertising formats in the US, as advertisers begin allocating dollars to catch the eyes of a growing class of "mobile-first" users. Historically, there has been a big di...
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Dolphins rally past Vikings 37-35; Philbin to keep job

News Observer - 21 Dec 2014 23:46
Miami Dolphins owner Stephen Ross stood on the sideline at the end of Sunday's wild victory sharing a laugh with those around him, his mind made up regarding the direction…
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NEW YORK (AP) -- The New York Police Department says a gunman who ambushed two officers in their car told two passers-by to "watch what I'm going to do." Chief of Detectives Robert Boyce says 28-year-old Ismaaiyl Brinsle...
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Austin, San Antonio drivers prepare for phone bans

News Observer - 21 Dec 2014 21:50
Two of the biggest cities in Texas are reminding drivers of bans on handheld devices behind the wheel that take effect in Austin and San Antonio come January.
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Stocks will likely climb higher in the traditionally low-volume, Christmas-foreshortened trading week following last week's big boost from a dovish Federal Reserve.
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The Road to Hell for Any Brand is Paved with Guaranteed Marketing Results Every agency has heard so many times: "can you guarantee marketing results?" As soon as I even think the client is serious, I know it's never going to be a productive relationship! No agency can guarantee results across ...
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NewsWatch: Retirement index shows many still at risk

Market Watch - 21 Dec 2014 00:00
The number of working-age households facing a retirement-savings shortfall remains near a 30-year high, despite the recent economic rebound.
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KYBARTAI, Lithuania
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U.S. gas prices dropped again, falling to the lowest mark in more than five years. The average price of a gallon of gasoline has fallen 25 cents in the past two weeks, hitting a price not seen at the pump since May 2009,...
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