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Business News

Location American Business News for 3 February 2015
Richard Branson, Suze Orman, and 6 other successful people share the best career advice they ever received LinkedIn recently asked the top minds in business to reflect on the best advice they ever received and what they did with those words of wisdom. Here's what Richard Branson, Suze Orman, and six other super-successful peo...
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(Reuters) - Standard & Poor's has reached a $125 million settlement with California's public pension system, Calpers, to resolve a case involving inflated grades of residential mortgage deals that later faltered, the Wal...
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Apple just took out a $6.5 billion loan even though it's sitting on $178 billion in cash (AAPL) Apple sold $6.5 billion in bonds on Monday, according to Bloomberg. That's the same Apple that last week announced an record-breaking $18 billion profit over the holiday quarter. It's reasonable to ask: why would Apple...
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The rape accusations against Silicon Valley VC Joe Lonsdale are horrifying The claims against Palantir cofounder and popular Silicon Valley venture capitalist Joe Lonsdale will make your stomach turn. In late January, a recent Stanford grad, Elise Clougherty, filed a lawsuit accusing Lonsdale o...
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Who are the vaccine skeptics? On the heels of the Disneyland vaccine outbreak, that's what everyone wants to know. As with just about every other major issue facing the country, the temptation is to divide it along famil...
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5 Ways To Get Unstuck In The Face Of Creative Burnout

The Huffington Post - 3 Feb 2015 15:17
5 Ways To Get Unstuck In The Face Of Creative Burnout We've all been there. You sit down at your desk, intending to be productive, but you just ... can't. You look over your to-do list, trying to find the motivation needed to get started, but taking the first step seems as ...
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DealBook: A Heated Path Toward S.&P.'s Legal Settlement With Prosecutors An overflow crowd of government regulators spent a day last month ticking off their demands before eventually negotiating a $1.37 billion settlement of an array of lawsuits against S.&P.
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Is Hillary Clinton in the Bottom 3 Percent? Turning the Corner on CEO Pay Most of the people who have direct dealings with the former secretary of state seem to regard her very highly, certainly not in the bottom 3 percent of the population. The same could be said about former Florida governor...
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Net profit at China-based computer and mobile phone maker Lenovo fell by a less-than-expected 5% to $253 million in the three months to December in connection with its acquisitions of IBM’s System x and Motorola last y...
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Obama Budget Would Prohibit Backdoor Roth IRAs Closing the door on backdoor Roths for the rich is one of 10 loophole closers in the Administration's FY2016 budget.
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The Truth About Lying On Your Tax Return

Forbes - 3 Feb 2015 15:40
The Truth About Lying On Your Tax Return You sign tax returns under penalties of perjury, so don't make up expenses or under report your income. Tax return and FBAR enforcement is up, so be careful.
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A new report from the Institute for Safe Medicine Practices found only about half of reports of serious side effects submitted by manufacturers met basic standards for completeness.
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DealBook: Chief Who Guided Ally Financial After Crisis Steps Down Michael A. Carpenter, the chief executive of Ally Financial, will be succeeded by Jeffrey J. Brown, who leads the company's dealer financial services unit.
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Business Gets Personal - A new look for CNNMoney CNNMoney's mission is to explain the biggest trends in business and finance and to help our audience achieve their most important goals. That's what our new design is all about.
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Why over-funded crowdfunding campaigns can really suck Guest:You put your campaign up on Kickstarter or Indiegogo, and it's just been overfunded like crazy. Great, right? Well, yes, it's the greatest thing that could happen. But it comes with a lot of problems.
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Sen. Rand Paul (R-KY) didn't like the way a CNBC anchor was interviewing him, so he told her to "calm down," saying she was mischaracterizing basic facts in her questions.
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"The Daily Show" admitted that it was short on news Monday night, so host Jon Stewart gleefully turned to the latest soundbite from former Arkansas Gov. Mike Huckabee (R).
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DealBook: Tax Reform Is the Cry, Until Details Are Offered

The New York Times - 3 Feb 2015 05:25
DealBook: Tax Reform Is the Cry, Until Details Are Offered President Obama's budget calls for a lower overall tax rate, but also for a one-time 14 percent tax on all cash sitting overseas.
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Zhou Guohui, chairman of logistics services company Eternal Asia Supply Chain Management, has joined the ranks of the world’s billionaires after its Shenzhen shares more than doubled in the past 12 months amid brisk i...
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U.S. Declines to Prosecute Fox's Hacking

The New York Times - 3 Feb 2015 02:56
The Justice Department will not pursue charges against the News Corporation or 21st Century Fox for phone hacking and payments to public officials done in Britain.
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Rand Paul Shushes A Reporter Asking About His Corporate Tax Holiday Sen. Rand Paul (R-Ky.) was so unhappy with the way a television interview was going on Monday that he shushed the reporter so that he could speak. During an interview with CNBC's Kelly Evans, Paul became defensive when p...
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Obama Budget Would Legalize D.C. Marijuana

The Huffington Post - 3 Feb 2015 02:24
Obama Budget Would Legalize D.C. Marijuana President Barack Obama's nearly $4 trillion federal budget plan unveiled Monday includes fine print that may have major consequences for marijuana legalization in Washington, D.C. Obama's addition of a single word -- "fe...
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