Business News
Ebola's toll: $2.2B economic hit for W. Africa
USA Today - 18 Apr 2015 01:23
The Ebola epidemic sucked $2.2 billion from economies in Guinea, Sierra Leone and Liberia.
Neiman Marcus accused of selling fake fur that was real
USA Today - 18 Apr 2015 05:11
At issue are boots that have what could be described as fake faux fur.
How The Bush Administration Pointlessly Screwed Over Student Borrowers
The Huffington Post - 18 Apr 2015 02:13
There has never really been a good reason to bar Americans from discharging their student loans in bankruptcy. Back in the 1970s, a spate of newspaper stories claimed that unscrupulous college kids and law school grads w...
The Wall Street Journal: Deutsche Bank leaning toward disposing of Postbank
Market Watch - 18 Apr 2015 21:08
Deutsche Bank AG's executive board is leaning toward disposing of its mass-retail unit Postbank and cutting around EUR200 billion ($216.2 billion) in investment-banking assets as it puts the final touches on its strategy...
The Wall Street Journal: Lexus RC 350: Lots of pomp, too little circumstance
Market Watch - 18 Apr 2015 16:27
Despite some quite bombastic advertising, the Lexus RC 350 is not a performance car but a capering boulevardier with a soundtrack of cute, kitteny growls.
Women in Business Q&A: Umaimah Mendhro, Founder & CEO, VIDA
The Huffington Post - 18 Apr 2015 13:18
Umaimah Mendhro is the Founder & CEO of VIDA, an e-commerce company that brings mindful global citizenship and an impeccable sense of taste to style-seekers around the world through carefully selected artistic partnershi...
New Google security chief looks for balance with privacy
Business Insider - 18 Apr 2015 06:18
Mountain View (United States)
Hedgies whose convictions were overturned are set free -- for now
New York Post - 18 Apr 2015 05:06
After months in legal limbo, two hedge fund managers whose convictions were overturned in December are officially free men -- at least for now. The convictions of Todd Newman and...
Stock Markets Around Globe Lose Their Footing
Wall Street Journal - 18 Apr 2015 04:51
Stock markets in the U.S., Europe and China are slammed by renewed fears of Greek exit from eurozone and weak corporate earnings.
Wall Street falls steeply with China, Greece fears paramount
Reuters - 18 Apr 2015 04:18
(Reuters) - The S&P 500 posted its biggest percentage loss since March 25 on Friday as investors shunned risk amid new trading regulations in China, renewed worries about Greece running out of money, and tepid U.S. corpo...
Hedgies' mortgage bond profits fall to near zero
New York Post - 18 Apr 2015 04:15
Wall Street fat cats, who since 2009 have been pocketing billions of dollars in profits off the backs of beleaguered homeowners and their delinquent mortgages, could be facing the end...
Sony Studio Renews Warning After WikiLeaks Posts Stolen Data
The New York Times - 18 Apr 2015 04:02
In a message to news organizations, a lawyer for the studio said that material taken in a cyberattack did not belong in the public domain.
Inland Empire sees surge in warehouse jobs, but many are low-pay, temporary
L.A. Times - 18 Apr 2015 03:5011 super successful tech leaders who overcame the handicap of being late arrivals to America
Business Insider - 18 Apr 2015 02:51
More than a third of the top tech companies in the US were founded by people born outside of the country. Their success stories drive many immigrants to come to the US in hopes of realizing the American Dream. But just l...
G20 more upbeat on growth, but officials fret over Greece
Reuters - 18 Apr 2015 02:11
WASHINGTON
Why Hillary Clinton Left Obama To Fend For Himself On Trade
The Huffington Post - 18 Apr 2015 02:05
WASHINGTON -- President Barack Obama's trade agenda took a beating on Friday, as House Democrats threw cold water on his bid to fast-track the biggest free trade pact since the 1990s, and 2016 presidential contender Hill...
Business Briefing: Ford to Spend $2.5. Billion to Expand in Mexico
The New York Times - 18 Apr 2015 01:56
The company said it would expand its engine plant in the northern state of Chihuahua to build a new gasoline engine that will be exported to the United States, Canada, South America and the Asia-Pacific region.
Big differences divide Democrats, GOP on overhauling U.S. tax code
L.A. Times - 18 Apr 2015 01:55Never Invest In A Movie, Says Billionaire Director George Lucas
Forbes - 18 Apr 2015 01:25
Audiences were privy to a rare treat as comedian Stephen Colbert interviewed Star Wars creator George Lucas onstage at the Tribeca Film Festival Friday afternoon.
Box Office: 'Furious 7' Races To $1 Billion Faster Than 'Avengers,' 'Avatar'
Forbes - 18 Apr 2015 01:00
In box office terms, it took just a quarter-of-a-mile for Furious 7 to cross the $1 billion finish line, as the smash hit sequel surpassed said benchmark in its 17th day of worldwide release. That's the fastest sprint ...
Wal-Mart shuffles U.S. store management to improve sales
Reuters - 18 Apr 2015 00:24
(Reuters) - Wal-Mart Stores Inc said on Friday it would eliminate the position of zone manager in its U.S. stores while adding up to 8,000 new department heads as part of an overhaul of its store operations.
Ben Affleck Reportedly Asked PBS To Censor His Slave-Owning Ancestor
The Huffington Post - 18 Apr 2015 23:52
The PBS series "Finding Your Roots" is all about uncovering the ancestry of the show's celebrity guests. But according to a hacked Sony email, one guest requested to have his family tree censored. Ben Affleck was feature...