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Business News

Location American Business News for 15 April 2015
Apple created a lavish customized gold Apple Watch for designer Karl Lagerfeld Apple created a customized version of the gold Apple Watch specifically for French designer Karl Lagerfeld.  The designer's bodyguard and assistant, Sebastian Jondeau, shared a photo of the watch on Instagram where he t...
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This Is What Your Salad Bar Would Look Like Without Bees (And Other Pollinators) By now, you probably have your salad bar game down to a science. Arugula, beets, feta, sunflower seeds and a touch of balsamic vinaigrette? A little bit of falafel if you want to feel fancy? Well, without bees, butterfli...
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Bears coach John Fox buys Tom Waddle's Lake Forest home

Chicago Tribune - 15 Apr 2015 12:09
Bears coach John Fox buys Tom Waddle's Lake Forest home Keeping things in the Chicago Bears family, new head coach John Fox was the buyer who paid $3.275 million for the six-bedroom, 8,161-square-foot, country-style mansion in Lake Forest purchased from retired wide receiver ...
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Natural Pearl Necklace Sells For World Auction Record $5.1 Million The top lot of Christie's Magnificent Jewels sale was a 5.29-carat fancy intense purplish pink diamond that sold for more than $5.7 million. Graff and JAR pieces were also among the top lots of the sale.
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'The Millionaire Matchmaker,' Patti Stanger, On Matters Of The Heart And Mind We hear from Patti Stanger, Bravo TV?s The Millionaire Matchmaker, and founder of Millionaire?s Club. Acting as a marriage catalyst for millionaires, Stanger finds herself, on a daily basis, directing traffic for her cli...
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Prohibited transaction is key: Will give rise to new legal exposure, new comp models.
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Bank of America reports quarterly profit

Reuters - 15 Apr 2015 13:15
(Reuters) - Bank of America Corp , the No. 2 U.S. bank by assets, reported a first-quarter profit of $2.98 billion, compared with a surprise loss a year earlier when it took a charge of $6 billion for litigation expenses...
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36% of Millennials have never had credit card

USA Today - 15 Apr 2015 06:08
36% of Millennials have never had credit card A third of Millennials have never had a credit card according to a new study.          
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This chart about spending in restaurants is unbelievable ... because it has a major problem This is an amazing chart. The chart shows that total spending at restaurants and bars -- "food and drinking places" -- topped spending at grocery stores in March.  This is a huge deal.  But it doesn't quite show what y...
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It takes a whopping 90 gallons of water to produce one tiny container of Greek yogurt You may have heard that Greek yogurt has a big waste problem. To make it thick and creamy, producers strain out all of its liquid. They end up with an enormous amount of watery, acidic byproduct that they still have no i...
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Nearly half of retirees wish they had retired earlier

Investment News - 15 Apr 2015 21:36
But savings gap may force future retirees to work longer.
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When the Supreme Court this month hears arguments over whether gay and lesbian couples can marry in all 50 states, one audience will be paying especially close attention: American businesses, which say they spend more th...
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Burnout Game Ventures combines elements from both the accelerator model and the incubator model into what they have dubbed the "venturator." As such, it is neither accelerator or incubator, but something else altogether....
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EU Formally Accuses Google Of Market Abuse, Opens Probe Into Android Google faces a fine of more than $6 billion, or 10% of its annual revenue, if it can't reach a settlement.
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Alibaba Group will shift its Tmall online-pharmacy business to its publicly traded health-care arm in a deal valued at $2.51 billion, as it ramps its focus in that sector.
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Edmunds: Givd kids active role in your business

USA Today - 15 Apr 2015 06:40
Edmunds: Givd kids active role in your business There can be benefits to bringing your family closer to your business.          
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Investors Hunt Bargains in European Corporate Bonds

Wall Street Journal - 15 Apr 2015 06:07
Investors are stepping back into European corporate bonds, hunting for bargains after a surprisingly sharp decline in prices at the start of the European Central Bank's debt-buying program.
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Why Corporate Cybersecurity Teams Are Going Anonymous TruStar, a new service, wants the world's top corporations to share hacker attack info with each other. Crazy or genius? Paul Kurtz, a former cybersecurity advisor to Presidents Obama and Bush, is a successful entreprene...
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Tax deadline looms: Filing late will cost you

USA Today - 15 Apr 2015 05:49
Tax deadline looms: Filing late will cost you Here are some last minute tips and advice to help you get through to the end.          
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Chobani founder settles $1 billion suit with ex-wife

New York Post - 15 Apr 2015 05:14
Chobani founder settles $1 billion suit with ex-wife Chobani Greek yogurt founder Hamdi Ulukaya settled a $1 billion lawsuit with his ex-wife on Tuesday -- just as a judge was about to issue a critical ruling in the...
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Senate overhauls doctors' Medicare payments in groundbreaking vote Medicare is poised to overhaul the way it pays physicians and create new systems to reward high-performing doctors under legislation approved by the Senate late Tuesday.
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Chinese e-commerce titan Alibaba Group Holding will inject its online-pharmacy business into the company’s Hong Kong-listed healthcare arm in a HK $ 19.4 billion deal($ 2.5 billion), as the group seeks new opportunitie...
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