Business News
Venture Capital Boomed in 2014
Wall Street Journal - 12 Jan 2015 07:05
The money raised by venture-capital firms hit $32.97 billion in 2014, a 62% increase over 2013 and the highest total since 2007, as investors seek to take advantage of a hot market for startup funding and initial public ...
New Rules to Limit Tactics on Hospitals' Fee Collections
The New York Times - 12 Jan 2015 03:50
The Obama administration has laid out detailed requirements to discourage nonprofit hospitals from using aggressive methods to collect payments from low-income patients.
Bed Bath & Beyond Takes Sunset Park
Wall Street Journal - 12 Jan 2015 07:01
Bed Bath & Beyond has signed a lease to take more than 100,000 square feet at Liberty View Industrial Plaza, a technology and industrial complex in Brooklyn's Sunset Park neighborhood.
Electric-Car Pioneer Musk Charges Head-On at Detroit
Wall Street Journal - 12 Jan 2015 06:14
Tesla Motors is on a collision course with the auto industry's giants like never before, but the CEO has no plans to stop cursing or obsessing about the tiniest design details.
Hanson McClain sues former adviser and Ameriprise
Investment News - 12 Jan 2015 21:02
$1.6 billion Hanson McClain claims Thomas Chandler and his new firm, Ameriprise, committed 'highway robbery' in taking client information.
Stocks Are Falling as Oil Prices Crumble to New 5-Year Low
The Street - 12 Jan 2015 18:13
NEW YORK (TheStreet) -- Stocks moved off session lows by midmorning Monday, though energy stocks continued to drag on benchmark indexes following a forecast from Goldman Sachs that the commodity will remain lower for lon...
The Wall Street Journal: Nasdaq looks to operate dark pools for banks
Market Watch - 12 Jan 2015 03:32
After years of fighting for more trading to come back onto stock exchanges, Nasdaq OMX is considering joining the dark side.
Will the Chevy Bolt Change Be a Game-Changing Electric Car?
NBC News - 12 Jan 2015 23:59
Electric cars have made barely a dent in our driving culture but Chevy's new offering, the Bolt, hopes to change that with 200 miles to a charge and a cost around $30K.
Here's The Big Problem With The Idea Of 'Falling' In Love
Business Insider - 12 Jan 2015 23:56
When it happened to me for the first time, I was hit hard with feelings -- happiness, excitement, concern for another person that went deeper than anything I'd experienced before. Suddenly, my body felt light -- weightle...
Harmony Gold Mining (HMY) Stock Is Up Today as Gold Prices Rise
The Street - 12 Jan 2015 18:24
NEW YORK (TheStreet) -- Shares of Harmony Gold Mining were gaining 7% to $2.76 Monday as gold prices added onto last week's gains. U.S. spot gold for February delivery was gaining 0.9% to $1,226.60 an ounce on the Comex ...
The New Electric Car That Can Upstage Tesla
inc - 12 Jan 2015 22:23
Unlike with most previous electric cars, the price range will be around that of the average new gas-fueled vehicle.
What Happens Next With Boston's Olympic Bid?
Boston - 12 Jan 2015 20:38
From here, the bid will (most likely) compete against proposals from cities from across the world. Here's how that will go.
10 Investment Banks that Stand to Lose the Most from Oil's Decline
The Street - 12 Jan 2015 18:10
NEW YORK (TheStreet) -- Investment banks that have profited from the oil and gas boom may feel the pain as the repercussions of tumbling oil prices hit their bottom lines. After the financial crisis, banks have struggled...
The Week Ahead: Detroit's Auto Show and U.S. Banks' Financial Reports
The New York Times - 12 Jan 2015 03:32
Other events this week include results of E.U. hearings on a trade agreement, an opinion on a quantitative easing plan in Europe and retail and food-services sales figures in the United States.
For Jimmy Lai, Hong Kong's Rebellious Tycoon, Next Battle May Be in Court
The New York Times - 12 Jan 2015 03:01
In the aftermath of democracy demonstrations in Hong Kong, Mr. Lai faces perhaps his greatest test, which could have bigger repercussions for the city.
GM Developing $30,000 Electric Car With 200-Mile Range for 2017
The Street - 12 Jan 2015 02:15
DETROIT (TheStreet) -- General Motors is developing an electric battery-powered car for 2017 that will sell for $30,000 -- a plan that, if successful, could pose significant competition for Tesla and Nissan in part...
GM's European unit to build Buicks for U.S. market
Reuters - 12 Jan 2015 00:45
(Reuters) - General Motors is giving its German Opel unit a new job -build Buick models to sell in the United States as part of a strategy to make good on Chief Executive Officer Mary Barra's promise to make money in Eur...
One Of The Most Talked-About CEOs In Retail Has Suddenly Stepped Down
Business Insider - 12 Jan 2015 23:59
Nasty Gal CEO Sophia Amoruso has suddenly handed over her title. Amoruso, 30, who started Nasty Gal as an eBay shop in 2006, told Re/code that she will stay on as executive chairman. Amoruso said that the growing com...
Madoff case prosecutors join private firm
USA Today - 12 Jan 2015 23:52
Assistant U.S. attorneys join prominent lawyer David Boies' private defense firm.
Hyundai surprises auto show with combination pickup and SUV
USA Today - 12 Jan 2015 23:51
Hyundai unveiled their new Santa Cruz concept car that would be aimed at young city buyers.
Cree files patent infringement case against rival LED bulb company
News Observer - 12 Jan 2015 23:51
LED lighting company Cree announced Monday that it has filed complaints against a major competitor and its supplier for selling LED bulbs that allegedly infringe on Cree patents.
Rieder: Lame attempt to minimize Charlie attack
USA Today - 12 Jan 2015 23:50
Al Jazeera English editor minimizes the significance of Paris bombing.