Business News
Sports on TV heading for some big league changes
USA Today - 23 May 2015 23:37
Football on TV? Cricket on your smart phone may be more likely.
Monaco car collector profits from 'flipping' Ferraris
CNN - 23 May 2015 00:48
Real estate broker Pieter van Naeltwijck has devised a novel way to profit from buying and selling ultra-exclusive supercars, including Ferraris, Porsches and McLarens.
China's richest man bet his company's shares would fall
CNN - 23 May 2015 02:53
Turns out China's richest man, Li Hejun, upped his bet that shares of his company would take a tumble -- just five days before a massive crash.
In stadium financing game, Goldman Sachs dominates
L.A. Times - 23 May 2015 17:00Robo Advisors Take On Wall Street
Barron's - 23 May 2015 06:26
Technology is transforming the insular world of financial advice. That's good news for investors.
Feds Find Criminal Wrongdoing in GM Ignition Defect
NBC News - 23 May 2015 05:45
The development could result in a record fine and potential criminal charges, The New York Times reported.
Senate Vote Is a Victory for Obama on Trade, but a Tougher Test Awaits
The New York Times - 23 May 2015 03:20
Senator Mitch McConnell aligned with the president to push the deal, which would link 12 nations on either side of the Pacific into a trading bloc and expand the president's trading authority. The legislation still requi...
Fortress Comes to the Aid of a Friend in Need
Wall Street Journal - 23 May 2015 02:56
Mount Kellett Capital Management LP, a $5 billion investment firm co-founded by former Goldman Sachs star Mark McGoldrick, is calling on a friend for help.
Hanergy: Bulk of Stock Collapse Was in Less Than a Second
Wall Street Journal - 23 May 2015 00:11
The collapse of a Chinese solar company's shares this week was caused by a sudden wave of rapid-fire sell orders that sank the price in less than a second.
US Railroad Crude Oil Carloads Decline Amid Weak Oil Pricing
Bidness etc. - 23 May 2015 16:30
Railroad crude oil carloads dropped 14% in the first quarter of fiscal'15 (1QFY15) as compared to 4QFY14, reported The Wall Street Journal earlier this week. The Association of American Railroads (AAR) reported 113,089 c...
Do You Deserve To Be Rich?
Forbes - 23 May 2015 12:50
If you believe, even a little, that you deserve to be rich, take a moment and clearly define why you should be wealthy. In asking this of entrepreneurs and professionals at workshops and conferences, it’s clear that ...
Trucking Specialist Ryder Is on a Roll
Barron's - 23 May 2015 06:42
Ryder System's move into converting truck owners to lease customers is easing the business' cyclicality and lifting earnings.
Facebook wants to build a $1B data center facility in Fort Worth, Texas
Venture Beat - 23 May 2015 04:19
Looks like Facebook is ready to start building a new data center -- this time in the Lone Star State.
Goldman Sachs' management boosts state pension fund
New York Post - 23 May 2015 04:13
Goldman Sachs has paid off for New York's largest pension fund. The New York State Common Fund hired the Wall Street firm last year to manage $2 billion of the...
US Senate approves fast-track trade authority for Obama
Business Insider - 23 May 2015 03:48
Washington
GM could be held criminally liable for deaths related to its massive ignition recall
Business Insider - 23 May 2015 03:04
The Justice Department says it has found criminal wrongdoing on the part of General Motors for its failure to publicize an ignition defect responsible for the deaths of at least 104 people. Investigators are now negotiat...
Young and Entrepreneurial: How College Entrepreneur Eileen Phoan Uses Her Jewelry Business to Tell a Bigger Story
The Huffington Post - 23 May 2015 02:32
Young and Entrepreneurial is a series of articles where I've decided to interview and write about young individuals disrupting the world. By sharing the stories of these individuals, I hope to inspire youth from all over...
Google's buy button could give Amazon a run for its money
Venture Beat - 23 May 2015 01:00
GUEST: Amazon is the undisputed leader in online retail, but Google's introduction of its own buy button on mobile may give the eCommerce something to worry about.
Facebook Messenger games could goose its Payments business
Venture Beat - 23 May 2015 00:00
ANALYSIS: As people move off desktops, Facebook Payments revenue is stalling. Messenger-based games could be the answer.
Here's Everything You Need To Know About Obama's Trade Deal In One Short Speech
The Huffington Post - 23 May 2015 23:56
WASHINGTON -- Sen. Jeff Merkley (D-Ore.) took to the Senate floor Friday evening to make a point-by-point analysis of why a trade deal being negotiated by President Barack Obama would harm the United States. Merkley's co...
More college grads are getting better jobs
USA Today - 23 May 2015 23:54
The portion of underemployed graduates is falling but still elevated.
Sylvester Stallone the Artist, Launches "Real Love" Exhibit in France
Forbes - 23 May 2015 23:21
It’s not often you get invited to have dinner with a Hollywood screen legend, and then top the evening off with him late at night at the famed Hotel du Cap in the South of France. Sylvester Stallone is one of those ama...