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Business News

Location American Business News for 29 January 2015
India needs to get its fiscal house in order: Anubhuti Gupta The sharp decline in commodity prices has eased pressure on current account deficit, but more needs to be done, says the portfolio manager at AXA Rosenberg Investment Management
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2015 Best Restaurants in the Triangle

News Observer - 29 Jan 2015 23:00
Greg Cox names the best restaurants in the Triangle for 2015, including the Restaurant of the Year, Gocciolina in Durham.
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Investor Heidi Roizen Shared A Disturbing Story That Shows How Difficult Silicon Valley Can Be For Women Newsweek's provocative cover of a professional woman's skirt being lifted by a web cursor has reignited the decades-old claim that Silicon Valley is an unabashed boys' club. Nina Burleigh, author of the cover story, poin...
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Why Alibaba Stock Is Tanking

The Huffington Post - 29 Jan 2015 19:05
Why Alibaba Stock Is Tanking Alibaba stock plunged nearly 10 percent after the Chinese e-commerce giant reported sales that disappointed Wall Street and dealt with a regulatory spat in its home country. Alibaba, which made history last September wit...
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Ford Motor Company Races Past Q4 Estimates

Bidness etc. - 29 Jan 2015 18:15
Ford Motor Company Races Past Q4 Estimates Ford announced its results for the fourth quarter of fiscal year 2014 (4QFY14) before the market opened today, beating analysts' estimates for both revenues and earnings.
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Sysco's $8.2B U.S. Foods merger may spoil: source

New York Post - 29 Jan 2015 04:38
Sysco's $8.2B U.S. Foods merger may spoil: source Sysco looks as though it will have to wait longer for its $8.2 billion US Foods merger to be approved by regulators, if it is at all. The Federal Trade...
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Business and the euro: Only a tailwind

The Economist - 29 Jan 2015 14:57
ONLOOKERS could be excused for thinking that Christmas had come again to the euro zone this month. On January 22nd the European Central Bank (ECB) said it was ready to buy over €1 trillion ($1.1 trillion) of sovereign ...
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How to handle an unexpected offer for your early-stage startup You are running your first startup. You are starting to build your team and gain customer traction. It is starting to feel like you might be living the dream after all. Then, bang! You get an unsolicited offer to buy you...
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Stocks flop on Fed news: Dow loses 196

USA Today - 29 Jan 2015 00:05
Stocks flop on Fed news: Dow loses 196 The Dow Jones industrial average shed 196 points -- a 1.1% loss -- that comes on the heels of Tuesday's 291-point drop.          
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Danmarks Nationalbank Cuts Rates AGAIN

Business Insider - 29 Jan 2015 17:05
Danmarks Nationalbank Cuts Rates AGAIN The Danmarks Nationalban, Denmark's central bank, just cut interest rates even further into negative territory.  On Thursday, Danmarks Nationalbank took its main deposit rate to -0.5% from -0.35%.  Two weeks ago, the�...
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The Person Behind 'Humans Of New York' Raised Nearly $1 Million After This Photo Went Completely Viral It is likely that you have seen a photo taken by Brandon Stanton. He is the person behind "Humans Of New York," a massively popular photo project that puts Stanton and his camera on the streets of New York City, snapping...
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Honda: New suspected Takata air bag death

USA Today - 29 Jan 2015 23:36
Honda: New suspected Takata air bag death The driver was killed in the crash of a Honda Accord near Houston          
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California plans to launch a statewide campaign warning citizens about the health risks of electronic cigarettes.
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Some cardiologists are reaping huge reimbursements for operating to relieve blockages in peripheral veins and arteries, a treatment many may not need.
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NEW YORK (TheStreet) -- Shares of Alibaba Group Holding are down 8.47% to $90.11 on heavy volume in afternoon trading Thursday after the company reported mixed fiscal fourth quarter results this morning. The Chinese e-co...
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Just six years ago, no car on the U.S. market could boast a driver fatality rate of zero. Today, there are nine models with that distinction, according to a new report from the Insurance Institute for Highway Safety (IIH...
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Yahoo! Inc. Crashes With Alibaba Group Holding Ltd (BABA) Yahoo! Inc. (NASDAQ:YHOO) just lost approximately $4 billion in market capitalization in sympathy with Alibaba Group Holding Ltd (NYSE:BABA). Alibaba is trading 10% lower after the Chinese e-commerce giant missed revenue...
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  BALTIMORE (Stockpickr) -- Put down the 10-K filings and the stock screeners. It's time to take a break from the traditional methods of generating investment ideas. Instead, let the crowd do it for you. Must Read: War...
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Here's What Deutsche Bank Had To Say About Petrobras SA (ADR) Q3 Results Deutsche Bank analyst Alexander Burgansky reaffirmed a Buy rating on Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock and reduced the target price from $5.74 (14.80 Brazilian reais) to $4.92 (12.70 Brazilian reais...
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2015 Super Bowl's Most Fun, Stupid, and Absurd Prop Bets If you've been itching to place a random quirky sports wager that really has nothing to do with sports, wins, or losses, then step right up to the gimmicky world of Super Bowl prop bets.
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Many Republicans would view it as a dream come true if the Supreme Court were to slash a centerpiece of Obamacare by the end of June. But that dream could fade into a nightmare as the spotlight turns to the Republican Co...
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Fed stresses it will be 'patient' in raising rates but notes steadily improving economy
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