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Business News

Location American Business News for 3 June 2015
Slack revamps its Android app with Material design, emoji, team notifications, tabs Fast-growing team-communication startup Slack today introduced a new look and several feature updates for Android.
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Visa, Coca-Cola And Other FIFA Sponsors Welcome Sepp Blatter's Resignation Most soccer fans have heard the news by now: Joseph “Sepp” Blatter, 17-year FIFA president, stepped down yesterday amid a sweeping corruption scandal.  Many fans around the world rejoiced at the news. But Blatter�...
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Tesla Motors Inc Elon Musk Defends $4.9 Government Subsidies For His Companies Tesla Motors Inc (NASDAQ:TSLA) CEO, Elon Musk, defended his business strategies during an interview with CNBC, and responding to the claims about his subsidiaries (Solar City, Space X, and Tesla) benefiting from $4.9 bil...
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There is a Bernie Sanders teddy bear and it's the cutest

Business Insider - 3 Jun 2015 23:59
There is a Bernie Sanders teddy bear and it's the cutest Forget the Hillary pantsuit T-shirt -- this week's best presidential candidate merchandise comes from the Vermont Teddy Bear Company. This is the Bernie Bear: For $79.99, he could be yours.  SEE ALSO: It's time we admi...
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Goldman's Oil Trade: How to Profit on OPEC Move Goldman is bearish, JPMorgan is bullish, but an options trade could be a winner in either direction.
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Wikileaks Drops Another Damning Trove Of Secret Trade Deal Documents WASHINGTON -- The latest trove of secret trade documents released by Wikileaks is offering opponents of the massive deals currently being crafted by the Obama administration more fodder to show that such agreements can i...
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South Korean E-commerce Giant Coupang Raises $1 Billion From Softbank Coupang, South Korea's fast growing e-commerce company, is set to raise $1 billion from Japanese investment firm Softbank, according to sources.
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The Treasury Department's Financial Crimes Enforcement Network identifies more than 50 credit unions for their increased vulnerability to potential money laundering.
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Housing-Hungry Hong Kong Weighs Price of Green Space

Wall Street Journal - 3 Jun 2015 04:39
A debate is mounting over whether Hong Kong needs to sacrifice some of its green spaces as the government embarks on an ambitious plan to provide more affordable housing.
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Lloyds Hybrid Mess Is Lesson for Banks

Wall Street Journal - 3 Jun 2015 19:31
Lloyds Banking Group is counting the cost of regulatory change, after a court decision blocked the bank from redeeming expensive hybrid bonds early. That is a warning to other banks.
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Vanguard's China play ups the ante for industry

Investment News - 3 Jun 2015 19:30
Other fund companies may find it difficult to match Vanguard's promise of access to a hot market.
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Read Sheryl Sandberg's Heartfelt Letter About Her Late Husband After 30 days of mourning, Facebook COO Sheryl Sandberg shares what she's learned since her husband's sudden passing
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The Day You Stop May Be the Day Before You Succeed Don't stop for anything because that day you stop really truly may be the day before you succeed.
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American Airlines Group Inc (AAL) Downgraded At Merrill Lynch, Amid Capacity Worries Bank of America Merrill Lynch analyst, Andrew Didora, notified investors in a research report published on Wednesday that the bank was downgrading American Airlines Group Inc (NASDAQ:AAL) stock from Buy to Neutral. The d...
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JPMorgan Chase and Co. Continues To Cut Costs With Voicemail Hang Up As part of an extensive cost-cutting strategy to bolster earnings, JPMorgan Chase & Co. (NYSE:JPM) has resorted to halting voicemail services for a number of its employees, reported the Wall Street Journal (WSJ). The new...
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Service sector expanded at a slower pace in May Oil producers continued to scale back drilling amid low crude prices          
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Why Toyota And Ford Are Teaming Up Against Apple And Google It's a battle for the dashboard
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American plowing profits into paying off debt

USA Today - 3 Jun 2015 16:23
American plowing profits into paying off debt American plowing profits into paying off debt          
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Most unhealthy restaurant meals named by watchdog

Chicago Tribune - 3 Jun 2015 16:16
Most unhealthy restaurant meals named by watchdog What's on the menu? Extremely unhealthy meals. Especially combo platters.
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In 2015, the average attention span was measured at 8.25 seconds. No kidding - that’s shorter than a goldfish.
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Korea's Coupang raises $1B from SoftBank in world's largest round so far in 2015 Your latest reminder that the startup world does not end at the shores of Silicon Valley comes today courtesy of Coupang, the Korean e-commerce service that just raised $1 billion from SoftBank. SoftBank today said it ha...
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Too many people, too few units

Boston - 3 Jun 2015 18:45
A recent study from New York University's Furman Center showed that rental growth has failed to keep pace with rising populations in 11 major U.S. cities, including Boston.
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