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Business News

Location American Business News for 9 June 2015
NEW YORK (TheStreet) --  When will employment return to normal in the U.S.? It depends on how you count the number of people looking for work. The Labor Department reported a jobless rate of 5.5% in May, according to a ...
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When Econs need a shrink

livemint.com - 9 Jun 2015 16:39
When Econs need a shrink There is a "sunk cost" in defending the world of Econs built with impossible assumptions
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The ex-wife of Russia's richest man wants half his $15 billion fortune Russian oligarch Vladimir Potanin, who runs the world's largest nickel producer, and Natalia Potanina divorced last year. At the time, he offered his wife of 30 years a settlement including a monthly allowance of $250,0...
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How Bayer Increased Diversity on Its Senior Team

Harvard Business Review - 9 Jun 2015 18:00
The company prioritized hiring more non-Germans and women.
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Payments companies are trying to fix the massive credit-card fraud problem with these 5 new security protocols There is a massive credit card fraud problem in the US. Fraud cost US retailers approximately $32 billion in 2014, up from $23 billion just one year earlier. Much of the fraud problem is the result of the relatively wea...
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Opps! Target prematurely reveals plans

USA Today - 9 Jun 2015 23:43
Opps! Target prematurely reveals plans The press release was not a fraud or a hack of Target's web site. It was the result human error.          
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This is why billionaire wives no longer get all the cash and kids in a divorce Several recent high-profile divorces, amongst some of the richest people in Britain, appear to signal that matrimonial law is tipped in the favour of the woman. For example, multi-millionaire Ecotricity founder Dale Vinc...
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4 Stock Picks: Firms That Dominate Their Industries Tim Parton of index-crushing JPMorgan Growth Advantage likes Facebook, is cautious on Apple.
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Alibaba's Aliyun Partners With Enterprises, Has Amazon Cloud Business In Its Crosshairs Alibaba's cloud computing arm Aliyun has teamed up with international heavyweights under its Marketplace Alliance Program (MAP) to bolster its global cloud offerings. Aliyun will go head-to-head with Amazon, Microsoft, G...
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SEAL Team 6 uses tomahawks created by 'Last of the Mohicans' weapons master Over the weekend, The New York Times wrote an in-depth look at the history of SEAL Team 6, the Navy's secretive unit that is best known for killing Osama bin Laden. In a piece filled with insight from former members on ...
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How to Ruin Your Summer Internship Program Before Summer Starts A Barclays analyst got fired for treating his new interns like an incoming crop of frat bros. Here's our manifesto for getting the most from your interns.
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David Bonderman going to Putin's International Economic Forum TPG Capital co-founder David Bonderman is caught between profits and being politically correct -- and he is choosing profits. The private-equity mogul is planning to attend Russian President Vladimir Putin's...
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Millennials and Gen X worried retirement years won't be so golden Those who have the most years to save for retirement are the most worried they'll be ready.          
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ATHENS/KRUEN, Germany
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Mayor de Blasio Tells New Jersey to Reject Deal With Exxon

The New York Times - 9 Jun 2015 02:48
The de Blasio administration has asked that New Jersey's proposed $225 million pollution settlement with Exxon be rejected, saying it "appears wholly inadequate."
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33 gorgeous photos from the massively popular Instagrammer who follows his wife around the world Back in 2012, photographer Murad Osmann (@muradosmann) started an Instagram account, and his pictures went viral. It became known as the "follow me" Instagram, because in every picture Murad -- the photographer -- is bei...
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In Lumpectomy For Breast Cancer, Taking Out A Bit More Reduces O.R. Revisits In a randomized trial of lumpectomy, adding a "shave" - in which an extra sliver of breast tissue is circumferentially removed - reduces positive margins and halves the proportion of breast cancer patients who return to ...
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JPMorgan Chase and Co. (NYSE:JPM) To Strengthen Market Position With Potential WorldPay Takeover: Credit Suisse In its research note released today, Credit Suisse initiated coverage on JPMorgan Chase & Co.'s (NYSE:JPM) prospective $9 billion bid for Worldpay. Worldpay is a leading British payment-processing company. The acquisitio...
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BREWSTER, N.Y. (AP) -- A service dog threw himself in front of a mini school bus to try to protect his blind owner and stayed by her side as emergency responders tended to the injured pair, authorities said.
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Thou shalt realize that I get 400 emails and 50 phone calls a day and have not been waiting for you to call with the urgency of someone without a date the day before the prom.
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(Reuters) - Wall Street fell in early trading on Tuesday, following three straight sessions of losses, on growing speculation that the Federal Reserve could raise interest rates as soon as September.
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For my friends and family on the west coast, ongoing drought has taken its toll. With water rationing days, they’re always conscious of their usage, from the way they cook to the way they shower in the morning, to the ...
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