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Business News

Location American Business News for 27 January 2015

What VCs Are Looking For In 2015

Forbes - 27 Jan 2015 17:08
What VCs Are Looking For In 2015 Erik Rannala, co-founder of Mucker Capital reveals what VCs are looking for in 2015
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Retirement crisis is real and getting worse: Study

Investment News - 27 Jan 2015 18:27
More than half of U.S. households don't have enough saved for retirement, Center for American Progress finds.
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Times Square's Crushing Success Raises Questions About Its Future The area's turnaround from crime-ridden to family-friendly has brought in a sea of tourists, who are threatening to push out frustrated office tenants and theatergoers.
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Apple Patented 'Interactive Holograms' At Least 2 Years Ago (AAPL) Microsoft blew some socks off last week when it unveiled the HoloLens, a new piece of augmented reality hardware running on the new Windows Holographic platform. Basically, HoloLens and Windows Holographic work together ...
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In Pictures: The 10 Worst States For Mortgage Fraud Florida lead the pack for highest number of mortgage fraud reports in 2010, according to the LexisNexis Mortgage Asset Research Institute Fraud Index (MFI).
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Reviewing potential GOP presidential contenders at the Iowa Freedom Summit on Monday, Jon Stewart would have had enough material from Sen. Ted Cruz (R-TX), Donald Trump and Texas Gov. Rick Perry--but as usual, former Ala...
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The Internet is often the first place mortgage seekers turn to research how much they can afford and to get rate quotes. But many borrowers say they wouldn't mind if the entire mortgage process moved online.
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Microsoft Gave All Kinds Of Gloomy Warnings During Today's Earnings Call (MSFT) Microsoft is warning investors that revenue and profits are not going to be killer great for the rest of 2015. The stock is down more than 4% after hours. After Microsoft's spectacular Windows 10 event, where it wowed jo...
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If there was any doubt that Apple fans would like the new iPhone 6 and iPhone 6 Plus, it's been definitively put to rest.Apple on Tuesday reported that it sold a stunning 74.5 million iPhones in its holiday quarter. That...
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PARK CITY, Utah (TheStreet) -- Alex Gibney, the director of a documentary film about the Church of Scientology, credited Time Warner's HBO for staying with the project amid repeated efforts by the church's leadership and...
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How odd. On 16 January I posted a blog here about the dubious economics of the tar-sands industry and hence of the Keystone XL pipeline. The blog began with an analogy to the economic implausibility and national-security...
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The Justice Department has been building a national database to track in real time the movement of vehicles around the U.S., with hundreds of millions of records about motorists, The Wall Street Journal reports.
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Why National Bank Of Greece (NBG) Stock Is Falling

Bidness etc. - 27 Jan 2015 21:21
Why National Bank Of Greece (NBG) Stock Is Falling National Bank of Greece (ADR) (NYSE:NBG) stock has been plummeting since yesterday, following the Greek elections that brought the far-left Syriza party into power. The new Prime Minister, Alexis Tsipras is openly agains...
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How many iPhones did Apple sell?

CNN - 27 Jan 2015 19:36
How many iPhones did Apple sell? Read full story for latest details.
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Jon Stewart used Monday night's episode of "The Daily Show" to issue one final broadcast as Juno, the blizzard-that-wasn't, approached New York City.
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NEW YORK (TheStreet) -- Which job is the best? Banker? Lawyer? Doctor? Starting quarterback for the New England Patriots?  While it might seem obvious to name jobs that are lucrative, a new report by Glassdoor, an onlin...
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Rick Perry On Unemployment Statistics

Forbes - 27 Jan 2015 05:48
I wouldn't normally bother with a post on something so seemingly minor, but when I read this I was incredulous. Apparently, former Texas Governor Rick Perry said the following regarding the recent unemployment data: "It�...
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It might be said that the purpose of asset protection planning is to take some chips off the table when times are good, and make the rest of the chips difficult for creditors to get at when times are bad.
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The ruble fell to a six-week low after Standard & Poor's downgraded Russia's sovereign debt to a junk rating. The move has worsened a selloff while fighting in the Ukraine has increased the chances for more Western sanct...
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Watch out, Facebook: Snapchat will feature video from major brands (report) A news report Monday evening says the photo sharing app Snapchat will be launching its rumored content channel — complete with brand-sponsored video — as soon as Tuesday morning. After Snapchat finally began to monet...
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Why Microsoft Is Making Less Money From Windows Sluggish PC sales are partially to blame, but there's more to this story
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DealBook: Investment Riches Built on Auto Loans to Poor

The New York Times - 27 Jan 2015 03:40
DealBook: Investment Riches Built on Auto Loans to Poor A booming business in lending to poor people with bad credit who need cars to get to work is as much about Wall Street's demand for high returns as it is about used vehicles.
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