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Business News

Location American Business News for 21 February 2015
See the profanity-filled motivational poster that hangs inside Jony Ive's office at Apple (AAPL) There's a new profile of Apple's design chief Jony Ive in the New Yorker, and it reveals new information about how he works. As you might expect, Ive's office is filled with interesting things. There are shelves filled w...
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Apple Mulls Deal With Japan Display To Build $1.7 Billion Factory Of Smartphone Screens The iPhone maker is reportedly looking for a new supplier to exclusively provide displays for its in-demand iPhones.
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ART CASHIN: The Greek deal could turn into 'financial ebola' (GREK) Wall Street legend Art Cashin says the Greek debt crisis can spread across the world like Ebola. In an interview with King World News, he said Greece's deal with Europe to extend its bailout by four months does nothing t...
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Springleaf in exclusive talks to buy Citi's OneMain

Market Watch - 21 Feb 2015 01:52
Subprime lender Springleaf Holdings Inc. is in exclusive talks to buy Citigroup Inc.'s OneMain Financial, according to people familiar with the matter.
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GoPro footage of a skier plunging through the ice on Lake Baikal in Siberia A skier plunged through the ice of a Siberian lake into freezing water. Everything that happened next was recorded on his GoPro camera. Produced by Jason Gaines. Video courtesy of Caters News and Associated Press. Join t...
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Gentrification is good for the poor

Business Insider - 21 Feb 2015 21:48
Gentrification is good for the poor In an old bar on U Street in Washington, DC--a place that was once a centre of black life and is now an inferno of hipsterdom--Jay, the bartender, is talking about how the area has changed over the past decade or so. "Th...
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Airtame wants to be the Chromecast for enterprises

Venture Beat - 21 Feb 2015 19:00
Airtame wants to be the Chromecast for enterprises Review:Danish startup Airtame broke European crowdfunding records on Indiegogo for its HDMI streaming dongle, which is shipping to original backers now. But does it bring anything new?
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Oscar Money Watch: 'Imitation Game' Tops $85M Thanks To Oscar Season In a less "franchise-friendly" world, it can be argued that The Imitation Game would have just been a rock-solid studio programmer with a strong lead performance by a popular actor. But as studios shifted away from mid...
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This outburst in the middle of a restaurant shows how crazy people are about oil prices In this post-OPEC world, everyone has a take on the oil market. For example, this tweet from Tracy Alloway, the Financial Times' US financial correspondent: Was at dinner discussing the Citi note on oil going to $20. Gu...
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Why Gold Is Looking Lustrous Once Again

Forbes - 21 Feb 2015 01:20
Why Gold Is Looking Lustrous Once Again It now appears that the decline in gold prices is nearly over, and that there will be a great long-term buying opportunity in gold this year.
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New SEC Swaps Rules Could Impact Dealers

Forbes - 21 Feb 2015 16:47
New rules on collateral could increase costs and reduce liquidity in the uncleared swaps market.
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MANILA (TheStreet) - The fast-growing Philippines is becoming a magnet for U.S. companies, both as source of cheap labor and a thriving consumer market. Economic growth reached 6.2% last year and the Asian Development Ba...
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West Coast Ports Union, Employers Reach Pact

Wall Street Journal - 21 Feb 2015 07:12
West Coast port employers and their union came to a tentative five-year agreement on a new contract after a nine-month standoff.
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Reddit Donates 10 Percent Of Ad Revenue To Charity Reddit pledged 10 percent of its nearly $8.3 million ad revenue for 2014 to 10 charities chosen by the community. Here's how you can take part in the voting until Feb. 25.
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Moody's Investors Service downgraded Russia's sovereign debt rating to junk status Friday, driven by the ongoing crisis in Ukraine and the dramatic drop in oil prices. The move comes a month after credit rating agency St...
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Mining And The Future Of African Prosperity

Forbes - 21 Feb 2015 01:24
Mining And The Future Of African Prosperity Last week I attended the Investing in African Mining Indaba in Cape Town, South Africa, as both a presenter and a student seeking opportunities. One of the highlights of the conference was former Prime Minister Tony Blai...
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Floyd Mayweather Vs. Manny Pacquiao Fight Set For May 2

The Huffington Post - 21 Feb 2015 01:21
Floyd Mayweather Vs. Manny Pacquiao Fight Set For May 2 LAS VEGAS (AP) -- The Fight is finally on. Floyd Mayweather Jr. will meet Manny Pacquiao on May 2 in a welterweight showdown that will be boxing's richest fight ever. Mayweather himself announced the bout Friday after mo...
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Interior Department Rolls Out First Rules For Arctic Drilling

The Huffington Post - 21 Feb 2015 01:04
Interior Department Rolls Out First Rules For Arctic Drilling WASHINGTON -- The Obama administration on Friday proposed the first rules for oil and gas drilling in the Arctic. The Department of Interior's Bureau of Safety and Environmental Enforcement and Bureau of Ocean Energy Man...
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Oscar Money Watch: 'Boyhood' A Triumph Of 'How' Over 'What' Roger Ebert among others liked to say that it wasn't "what a film is about" but rather "how it was about it." That's true of course, as obviously it's what separates a superhero origin story like Spider-Man and an ori...
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Lawmakers have introduced legislation meant to regulate marijuana like alcohol at a federal level. The cannabis business community is applauding the move. Leaders say it's taken politicians far too long to make serious m...
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GENEVA (AP) -- With only weeks left to the deadline to reach a first-stage nuclear deal with Iran, U.S. Secretary of State John Kerry said Saturday that "significant gaps" remained and warned that America was ready to wa...
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In Patagonia, Argentina's Beer Biz Keeps Hopping Craft beer makers take it to the big brands in Patagonia.
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