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Business News

Location American Business News for 30 May 2015

Marine Harvest Shares Headed Higher

Barron's - 30 May 2015 03:50
The loss of Russian business will be mitigated by Europe, with its insatiable appetite for salmon.
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HBO's 'Silicon Valley' took a page from Mark Cuban's story about being naked and becoming a billionaire Fans have just assumed that HBO's "Silicon Valley" based its raunchy venture capitalist Russell Hanneman on Mark Cuban, but Sunday's episode pretty much answers the question. In a scene with the guys of Pied Piper, Russ ...
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How To Spot a Bogus Statistic

inc - 30 May 2015 16:00
How To Spot a Bogus Statistic Statistics are everywhere but not all of them are created equal. Here's how to spot the treasure from the trash.
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U.S. industries are pushing for fewer restrictions.
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The Los Angeles County Federation of Labor says that such a provision would give business owners flexibility to offer more generous benefits packages.
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An NYC nightclub doorman unwittingly threw away hundreds of thousands of dollars worth of art Wass Stevens is what you call New York-famous. He's the city's best-known nightclub doorman and a sometimes actor who once battered a man with the "business-end of a velvet rope."  Now that you have an idea of who we're...
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Big car sales gains in May could help auto stocks A big Memorial Day weekend helped drive sales for the month          
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Bondholders piggyback off Paul Singer's battle with Argentina Paul Singer is on Argentina's case again -- and this time he's bringing friends. The billionaire financier -- who has been fighting to get the South American country to pay...
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Apple Watch sales affecting traditional watch market

New York Post - 30 May 2015 08:19
Apple Watch sales affecting traditional watch market Are the estimated 20 million people who are expected to buy an Apple Watch this year having a chilling effect on traditional watch sales? There are signs that some consumers...
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Buying Bank Stocks? Bigger Is Better

Barron's - 30 May 2015 05:05
Financial shares may be among the few to outperform when interest rates rise. But there are other reasons to invest now, especially in the bigger banks.
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Corvette's track-worthy Z06 convertible may become a collector car for the ages.
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End Of The Road: Silk Road Founder Ross Ulbricht Sentenced To Life In Prison The founder of the infamous Silk Road drug marketplace has been sentenced to life in prison for the sale of heroin, cocaine, LSD and other illegal drugs. It is likely that this decision will end the Silk Road for good.
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S&P 500 Could Hit 4,300 Within Nine Years

Barron's - 30 May 2015 06:29
S&P 500 Could Hit 4,300 Within Nine Years Raymond James' veteran chief investment strategist, Jeffrey Saut, expects a secular bull market.
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Snapchat has sold $537M in common stock to investors

New York Post - 30 May 2015 05:00
Snapchat has sold $537M in common stock to investors Snapchat, the fast-growing messaging app, has sold $537 million in common stock to nearly three-dozen investors since mid-February -- part of a hoped-for $650 million equity cash raise, the company...
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Despite an prolonged state of instability on land for much of the last four years, Libya's offshore exploration efforts continued this week with news that Italian major Eni had scored their second natural gas find just t...
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New York Nail Salons Now Required to Post Workers' Bill of Rights The placards are the latest effort by city and state leaders to curb the widespread exploitation of workers in the sprawling nail salon industry.
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Introduction To A Venture Capitalist? There's An App For That. Warm introductions are still the best way to meet an investor, however, scrappy venture capitalists know that ideas can come from anywhere - including from outside of their network.
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FIFA Corruption Scandal: Follow The Money To Qatar With FIFA in the eye of the storm, it's been easy to overlook the role of Qatar in arousing the latest round of suspicion regarding the World Cup and corruption in global soccer. Over the past several years, the governme...
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The question that Twitter's CEO asks at every product meeting Twitter has received a generous share of criticism lately. Its stock crashed after a disappointing Q1 earnings report. Early investor and fervent Twitter-cheerleader Chris Sacca posted on his blog that he's prepared to s...
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Closed-end bond funds are trading at steeper discounts than usual, and offering high yields--just beware of the risks.
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As Kansas struggles to close a $400 million budget gap, even anti-tax Republicans are acknowledging that there is not much more to cut without significantly hurting popular programs, including education.
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NEW YORK (TheStreet) -- Trading in the commodity complex was largely driven by the move in the U.S. dollar. Commodities are priced in U.S. dollars, so as the greenback moves higher, instruments like oil and gold generall...
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