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Business News

Location American Business News for 18 January 2015

Giant GM bus sells for $4 million

CNN - 18 Jan 2015 16:04
Giant GM bus sells for $4 million The Futurliner, one of only 12 built, led General Motors' Parade of Progress to showcase the company's products and concept cars.
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Bitcoin Is Crashing And Deep Web Drug Dealers Are Losing Thousands "Fantastic!" That's the sarcastic reaction of one deep web dealer after losing $1,000 in a single night due to this week's catastrophic Bitcoin price crash. The virtual currency has been declining in value for all of 201...
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Steady and boring versus mercurial and exciting

livemint.com - 18 Jan 2015 17:43
Steady and boring versus mercurial and exciting Prepare yourself for a full market cycle--bull market and its ensuing fall
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Wall Street in the middle of a bull market

New York Post - 18 Jan 2015 06:12
Wall Street in the middle of a bull market Wall Street's big-money managers are missing homegrown bargains, which could end up costing their clients, a noted money manager warns. Richard Bernstein says American stocks remain a good buy, even...
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America Is In The Middle Of A New Cold War

Business Insider - 18 Jan 2015 01:52
America Is In The Middle Of A New Cold War In this excerpt from The Russia-China Axis: The New Cold War And America's Crisis Of Leadership authors Douglas E. Schoen and Melik Kaylan argue that only a rebirth of American global leadership can combat the growing ...
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The Strange Anti-Predator Flight Patterns Of Birds Are Absolutely Mesmerizing These amazing flocks of starlings were filmed in Utrecht, The Netherlands. The "murmuration" of starlings, as this phenomenon is known, is used as a survival tactic by the small birds against predators. Music by MTT.  V...
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After making record gains last year, milk prices are expected to drop drastically in 2015 as the result of a drop in exports. Dairy farmers are slashing prices to deal with their surplus and are concerned about being ove...
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Avoid the shock: How to ease into retirement

USA Today - 18 Jan 2015 23:43
Avoid the shock: How to ease into retirement Consider retiring in phases, doing volunteer work or taking a part-time job.          
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Palantir, Already Valued At $15 Billion, Is Looking For More Palantir Technologies, the Peter Thiel-backed firm known for its secretive ways, is looking to raise another round of funding, The Wall Street Journal reports, citing unnamed sources close to the company. This would be o...
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What Is The US Dollar Index?

Forbes - 18 Jan 2015 06:59
What Is The US Dollar Index? The US Dollar Index is a measure of the value of the United States Dollar relative to a basket of foreign currencies. It began at an arbitrary 100.000 in March of 1973. Since then it has been as high as 164.72 (February ...
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Holiday retail sales were anything but jolly

New York Post - 18 Jan 2015 06:03
Holiday retail sales were anything but jolly Like the last of the dead Christmas trees finally being cleared off city sidewalks, retailers' hopes for the holiday selling season are all dried up. Last Wednesday, the Commerce Department...
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Tax Hater Amazon's Luxembourg Tax Deal Attacked As Illegal Amazon is tax efficient in sales tax and income tax, striking a sweetheart deal with Luxembourg in 2003. But did the tax deal go too far?
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President Barack Obama will propose tax relief for middle class Americans and a series of tax hikes on upper earners and corporations in his State of the Union speech on Tuesday.
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WASHINGTON
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President Obama will unveil a slew of new taxes targeting the wealthiest Americans in his State of the Union address Tuesday. And there's one person in particular who would be hit extra hard if the policies ever became l...
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10 Keys to Turning Business Systems Into More Profit

The Huffington Post - 18 Jan 2015 01:42
10 Keys to Turning Business Systems Into More Profit Successful entrepreneurs often start with a "random" idea, but they quickly focus their efforts and follow a "system" to organize their startup and maximize the clout of their activities. Too many entrepreneur "wannabes"...
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Playa Vista turning into Silicon Valley South as tech firms move in First came Facebook and YouTube. Then Microsoft moved in. Google is on its way. And now Yahoo, too, is joining the high-tech cluster that has sprouted in Playa Vista.
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Falling in Love With the Mission and Other Sage Advice for a First Time Nonprofit Director Sam Smith recently entered early retirement and wants to become a director on the board of a nonprofit organization. His motive is to give back to the community where he has prospered. As a first time board member, he ca...
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Uber Tries to Mend Fences With Europe

The New York Times - 18 Jan 2015 23:46
The ride-hailing service's chief executive, Travis Kalanick, says he wants to work with politicians to find ways for the company to operate legally across the European Union.
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Lifting the U.S. trade embargo against Cuba could mean the return of a major market for Louisiana rice, Louisiana Rice Promotion Board chairman Kevin Berken says.
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Andrew Cuomo Will Propose Raising New York Minimum Wage

The Huffington Post - 18 Jan 2015 23:22
Andrew Cuomo Will Propose Raising New York Minimum Wage New York Gov. Andrew Cuomo (D) announced Sunday that he plans to submit a proposal to raise the minimum wage to $11.50 an hour in New York City and $10.50 an hour in the rest of the state. The proposal is something of a ...
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The Australian Open begins shortly and though top seeds Novak Djokovic and Serena Williams are the oddsmakers’ picks, the major will undoubtedly offer plenty of surprises over the next fortnight. There will be a new wi...
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