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Business News

Location American Business News for 31 January 2015

Climate Change's Bottom Line

The New York Times - 31 Jan 2015 18:00
Climate Change's Bottom Line The Risky Business Project's well-known business and policy leaders hope its research will persuade companies to prepare for, and help mitigate, climate change.
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NBA star Tim Duncan sues his financial adviser

Investment News - 31 Jan 2015 07:01
Joining long list of pro athletes taken to cleaners by their adviser, all-star basketball player claims was pushed into investments that led to 'substantial loss.'
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Calling For Nominations: Africa's Top 10 Most Powerful Men In March I will publish the 2015 list of the 10 Most Powerful Men in Africa. This annual ranking distinguishes and celebrates the accomplishments of Africa's most outstanding male power brokers. The 10 Most Powerful Men ...
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Fed Chair Yellen must weigh U.S. growth against global slowdown Now comes the tough part for Federal Reserve Chairwoman Janet L. Yellen.
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Mattel chairman says toy maker 'created' its own problems The new chairman of Mattel Inc. said the problems plaguing the toy maker were largely its own fault, mere days after its chief executive abruptly resigned.
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Greece's New Finance Minister: 'You Have To Be Prepared To Blow The Whole Thing Up' Greece will neither seek an extension of its controversial bailout nor cooperate with the so-called "troika" of international creditors, the country's new finance minister declared Friday, following up on a previous thre...
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Two suburban Chicago men were sentenced to prison time Friday for defrauding customers of a cash-management firm out of more than $665 million before the company collapsed in 2007.
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IPO lands Shake Shack's Danny Meyer $342M in 1st day

New York Post - 31 Jan 2015 06:21
IPO lands Shake Shack's Danny Meyer $342M in 1st day What started out as a hot-dog cart in 2001 has emerged as Shake Shack, the 63-store chain with a valuation of $1.63 billion after its first day of public trading....
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Veteran portfolio chief sees bright spots in volatile market Money manager sees value in beaten down oil sector          
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Buyers of Used Cars Are Left to Find Recalls on Their Own

The New York Times - 31 Jan 2015 04:00
Buyers of Used Cars Are Left to Find Recalls on Their Own Buying a used car in the United States can be a dangerous proposition if the vehicle has an unadvertised safety defect.
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10 stocks you'll wish you owned in January

USA Today - 31 Jan 2015 03:50
10 stocks you'll wish you owned in January January was a bummer for most. But that's not to say there wasn't money to be made          
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Newcomers Buy Ad Time at the Super Bowl

The New York Times - 31 Jan 2015 03:41
Newcomers Buy Ad Time at the Super Bowl A tiny start-up in Silicon Valley is one of 15 first-time advertisers that will compete for attention on Sunday against the usual lineup of deep-pocketed brands.
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Pilots Union Approves Contract With Airline

The New York Times - 31 Jan 2015 03:25
The deal provides a substantial salary increase, though some union members have criticized it for failing to match the terms offered by Delta Air Lines.
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Louisville Ford plant anticipates aluminum truck jobs Getting the chance to build the new vehicles could bring hundreds of jobs to the area.          
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Oil Prices Surge 8% After Long Slide Down

The New York Times - 31 Jan 2015 03:00
Energy experts said the sudden increase could be explained by various factors, including reports that the Islamic State terrorist group was advancing in an offensive near Iraq's northern oil fields.
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A California bank's decision could have huge ramifications in Somalia California-based Merchants Bank is ceasing its business with companies that allow people in the US to send money to Somalia.  It was one of the last US banks willing to serve as a medium for transactions on behalf of th...
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McDonald's to offer free food to customers who 'Pay with Lovin' The Bee Gees asked the timeless question "How Deep Is Your Love" in 1977 and now McDonald's has an answer: 100 free meals for random customers per store over the next two weeks.
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The Week Ahead: Will Apple or Energy Stocks Revive the Market? It seems certain that most investors will be glad January is over and are hoping that February will be less volatile. Many are worried that a lower close in January will mean a lower close for the stock market in 2015. T...
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Despite lackluster performance, IBM's Rometty gets $3.6 million bonus Stock down 14%, earnings down 7%, but IBM CEO gets $3.6m bonus          
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17 Percent of Employees Would Rather Watch Paint Dry Than Attend Meetings Try these alternatives instead.
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Exxon Mobil adds sexual orientation and gender identity to its anti-discrimination policy
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The highest court will hear cases on challenges to gay marriage bans in four states and decide whether the U.S. Constitution affords equal rights to two people who marry regardless of their genders.
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