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Business News

Location American Business News for 24 January 2015

Is It Time to Invest in Energy Stocks?

Wall Street Journal - 24 Jan 2015 05:42
Weekend Investor: With oil prices at a six-year low, here are the options for investors--and the risks.
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Bitcoin and the Digital-Currency Revolution

Wall Street Journal - 24 Jan 2015 03:13
The Saturday Essay: For all bitcoin's problems, it represents the future of money. Currencies like it will disrupt global finance, revolutionize the way we pay for things and, just maybe, make the world a fairer place.
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This Ad On Twitter Made All The Women In Our Office Furious Here's a terrible tweet from ZzzQuil. SLEEP LIKE he finally proposed. And you have been dating for a decade. #SleepLike #engaged #shesaidyes pic.twitter.com/r3MQNNjZM6 -- ZzzQuil (@ZzzQuil) January 23, 2015 The women (an...
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NEW YORK (TheStreet) -- Lower gas prices are making gas guzzling SUVs more affordable to drive. With the national average of gas just over $2 per gallon as of Friday and drivers averaging 14,016 miles in 2012, according ...
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Bank Of America Says United Parcel Service (UPS) Stock Worth $105, Rates It A Hold Following the release of preliminary fourth-quarter (4QFY14) results on Friday, United Parcel Service, Inc. (NYSE:UPS) stock traded down 9.91% at the end of the trading session. The stock was downgraded at Bank of Americ...
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Cable TV is about to get more expensive for millions of consumers because of a bidding war between networks and the country's most powerful sports leagues.Time Warner Cable, Cablevision and scores of rural cable provider...
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'Exploding Kittens' Has Raised $3 Million In 72 Hours

Business Insider - 24 Jan 2015 00:18
'Exploding Kittens' Has Raised $3 Million In 72 Hours A card game called "Exploding Kittens" -- in which players use catnip sandwiches, the power of thousand-year-old back hair, and pig-a-corns to avoid drawing a card with a cute weapon of mass destruction -- has raised wel...
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Ford said it would take an $800 million charge in the fourth quarter because of exchange rate problems between the Venezuelan currency.
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The 25 Funniest SNL Cast Members Of All Time, Ranked

Business Insider - 24 Jan 2015 19:09
The 25 Funniest SNL Cast Members Of All Time, Ranked Now in its 40th season, "Saturday Night Live" has produced some of the funniest people of all time.  Crowdsourced ranking site Ranker helped us find the funniest SNL cast members in the show's history. Over 35,000 peo...
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Convicted Galleon trader Zvi Goffer denied bail

New York Post - 24 Jan 2015 05:24
Convicted Galleon trader Zvi Goffer denied bail There will be no jail break for convicted insider trader Zvi Goffer. The former trader, serving a 10-year sentence as part of Raj Rajaratnam's Galleon Group network of fraudsters, was...
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Ukraine headache grows for IMF

Business Insider - 24 Jan 2015 04:54
Ukraine headache grows for IMF Washington
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For SkyMall, It All Seemed So Cool at Six Miles High

The New York Times - 24 Jan 2015 04:03
With its kitsch appeal, SkyMall became a kind of cultural reference point, a one-word inside joke that everyone could share.
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30 Different Ways To Tie A Tie That Every Man Should Know

The Huffington Post - 24 Jan 2015 14:29
30 Different Ways To Tie A Tie That Every Man Should Know The following blog is an excerpt from a feature originally published on ShirtsMyWay. Here is a list of many different ways to tie a tie, for every and any occasion, many of which you probably never knew existed. We've ga...
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General Electric Company To Take Offensive Stance Amidst Falling Crude Prices The CFO for General Electric Company (NYSE:GE), Jeff Bornstein, said on Friday that the company's Oil & Gas segment would continue to "play offence" during 2015. The statement followed the release of mixed fourth-quarter...
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Millennials, On-Trend Customers Hate Your Old-Fashioned Luxury (Here's What They Do Like) What Today’s Customers Hate In Design: Gilded Ceilings, Ostentation, Car-centricity
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Lyft one-ups the hell out of Uber with $2.25 rides

Venture Beat - 24 Jan 2015 02:50
Lyft one-ups the hell out of Uber with $2.25 rides The Valley’s latest price war is going to be a doozy. Yesterday, Uber sent its San Francisco users some good news: Effective immediately, Uber’s carpooling service (UberPool) now costs a flat rate of $5 in the city. ...
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Ernie Banks Was I’ll never forget seeing Ernie Banks in the mid-1980s at a baseball card show at the Armenian Church on Manhattan’s East Side. It was raining buckets outside and he was sitting at a table signing photos and other obj...
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Shares of Storage Firm Box Soar in Wall Street Debut Online file sharing company Box had its shares jump over 65 percent on Friday in their first day of trading. The shares, which were initially set at $14 per share, closed at $23.23 with total shares sold at 12.5 million.
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Bordeaux is illiquid but there is a way to invest in wine

Investment News - 24 Jan 2015 07:01
More than half a dozen firms peddling wine investments in the U.K. alone went belly up last year. Why have there been so many flops? A fund's structure — and the wine it buys for investing — are key to success.
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TPG Capital 'took a long look' at buying Herbalife

New York Post - 24 Jan 2015 04:59
TPG Capital 'took a long look' at buying Herbalife Private equity giant TPG Capital seriously considered buying Herbalife last year -- as part of an ongoing interest in the multi-level marketing industry, The Post has learned. "They took a...
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Corporate creditors want Bill Erbey to pay his $925M debt Mortgage-service mogul Bill Erbey made millions of dollars over his career collecting mortgage debt -- but now his corporate creditors are calling for him to pay up. Hedge fund BlueMountain...
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Hedge Fund Billionaire Louis Bacon Files $50 Million Defamation Lawsuit Against His Bahamas Neighbor Hedge fund billionaire Louis Bacon has filed a $50 million defamation suit in New York against his Bahamas vacation home neighbor-Canadian fashion magnate Peter Nygard.  In the complaint, Bacon alleges that Nygard has w...
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