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Business News

Location American Business News for 3 January 2015

Apple Watch will not live up to hype: investor

New York Post - 3 Jan 2015 08:48
Apple Watch will not live up to hype: investor The upcoming Apple Watch won't be the big-time hit that many techies are expecting, a high-profile money man predicted on Friday. The new computer watch, which Apple said in September...
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Afraid of loss, ESPN makes fast cash on Bitcoin payment Participants in the Bitcoin St. Petersburg Bowl aren't exactly bowled over by the digital currency. While BitPay, the so-called PayPal of bitcoin, used the digital currency to pay for its...
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After Trying $2 Billion Grocery Startup Instacart, I'd Rather Just Go To The Store Earlier this week, Re/code reported that Instacart, a startup that delivers groceries on demand, had raised $220 million at a nearly $2 billion valuation.  Instacart hires shoppers to buy groceries at local stores and t...
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Vinyl Sales Hit Record High in 2014

Time - 3 Jan 2015 16:57
Vinyl Sales Hit Record High in 2014 Paid downloads for albums and songs declined, while streams soared
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15 Numbers Every Investor Needs to Know

Wall Street Journal - 3 Jan 2015 06:29
Here are the figures that matter most for making smart decisions about investments, taxes and financial planning.
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Many buyers no longer see marriage as prerequisite to a mortgage In more than two decades as a real estate agent, Marc Tahler has seen his client base of would-be buyers shift.
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CEOs' Bullish Pitch for 2015

Wall Street Journal - 3 Jan 2015 03:13
Corporate leaders are bullish on 2015 and cite a long list of new tailwinds, and a shorter list of headwinds.
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3-D Printed Candies: Coming to a Sweet Tooth Near You? CNBC's Sara Eisen reports on efforts to get printed food out of the research lab, and into restaurants, stores, and consumers mouth's.
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China Property Developer Defaults on Loan

Wall Street Journal - 3 Jan 2015 04:32
Kaisa has defaulted on a loan from HSBC and warned it may struggle to pay off other debt, adding to the company's woes after a string of executive resignations.
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Overseas problems won't derail growing U.S. economy, analysts say NEW YORK -- Call it the Great Divide: The new year figures to be one of robust economic growth in the U.S., with slowdowns, stagnation and setbacks everywhere else in the world.
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4 lessons your business should learn from the Sony hack Guest:Many companies have the same security holes that doomed Sony, and unfortunately, what's happening with Sony will likely open the floodgates for hackers to exploit the same weaknesses elsewhere.
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DealBook: Euro Falls Lower as Central Bank Hints at Increase in Stimulus Plan Statements by Mario Draghi, president of the European Central Bank, led investors to conclude that the bank would soon buy large quantities of eurobonds.
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Divorce makes Tesla CEO most eligible again

USA Today - 3 Jan 2015 00:27
Divorce makes Tesla CEO most eligible again His soon-to-be-ex, actress Talulah Riley, will receive $16 million in the split          
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NEW YORK (TheStreet) -- The year 2014 was better for some billionaire investors than it was others. Bill Ackman's theme song? "All I Do Is Win." Carl Icahn's? "Maybe Next Year." While a number of factors played into how...
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'Downton Abbey's' 5 great money lessons The Crawley family is often one step away from ruin. There's a lot to learn from their troubles.
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12 Wildly Successful People Who Still Use Flip Phones

Business Insider - 3 Jan 2015 15:44
12 Wildly Successful People Who Still Use Flip Phones The flip phone isn't extinct yet. Some even say it's making a very-trendy comeback. Celebrities, CEOs, sports team owners, and politicians have all been spotted with archaic, clunky flip phones. Some cling to them citing...
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Watch: Las Vegas Sands Shares Hammered on Wall Street Crackdown in Macau gives casinos their worst year in the Chinese enclave.
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Gasoline-Tax Increase Finds Little Support

The New York Times - 3 Jan 2015 01:38
Gasoline-Tax Increase Finds Little Support Advocates like Senator Bob Corker of Tennessee find it tough to penetrate Washington's antitax mood, even as gas prices fall and the federal transportation funds the taxes support face huge deficits.
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Would you "scam" an airline's ticketing policy if it saved $25? $70? $400?A federal lawsuit is bringing public attention to "hidden city" ticketing, the technique of buying an airline ticket between two cities with a con...
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The Burning Question Microsoft Needs To Answer This Year (MSFT) Since Satya Nadella took the reins from Steve Ballmer at Microsoft last February, the company has made a lot of changes.  The biggest change is that Microsoft is no longer the Windows-first company. In the old days, Mic...
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(Reuters) - U.S. stocks retreated modestly on Friday, reversing an earlier advance, as investors found few reasons to buy in the new year following data that came in below forecasts. In a sign of tepid economic condition...
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Target's Analysis Using Graham's Net-Net Checklsit In previous articles, we have analyzed Facebook (FB) using Peter Lynch's Fast Growing Checklist. We also analyzed Coca-Cola (KO) using Lynch's other checklist to determine that the stock is a reliable stalwart.Please...
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