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Business News

Location American Business News for 15 June 2015
Turkey's Garanti Bank Captures Elusive Millennials Banks looking to capture the interest, and accounts, of millennials can learn from Turkey's Garanti Bank.
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The nation's largest drug-testing laboratory, Millennium Health LLC, is negotiating a major settlement over allegations it billed the federal government for unnecessary tests, the latest sign of a crackdown on the fast-g...
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How to Follow Your Dreams and Create Your Own Company How these game creators quit their corporate jobs to build their dream game.
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Snoop Dogg's Cannabis-Focused Venture Capital Fund Is Called Casa Verde Capital A filing with the Securities and Exchange Commission on Friday lists Snoop Dogg as the managing member of a Los Angeles-based VC fund called Casa Verde Capital, L.P
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This Wall Street Trader Walked Away From Millions To Build Apps From algorithmic trading to Silicon Valley: a Forbes entrepreneurial Q&A.
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Royal Dutch Shell plc (ADR) Likely To Evacuate Non-core Workers From Gulf Of Mexico The US subsidiary of Royal Dutch Shell Plc. (ADR) (NYSE:RDS.A), Shell Oil Co plans on moving some of its workers from offshore platforms. The development comes as a precautionary measure to a low pressure storm. The stor...
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NEW YORK (MainStreet) - We don't know how else to break this to you, '80s or '90s car owner: You're likely sitting on a classic. Granted, a 20- to 30-year-old beater that you're using for deliveries or short trips probab...
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SAN FRANCISCO
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4 Simple Ways To Retain Your Top Talent (Hint: ThIs Will Cost You Zero) The biggest challenge and greatest reward comes from keeping the best people. Here's how.
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Israel's revolutionary water management methods aren't going to be enough to solve California's devastating drought California and most of the southwestern US is mired in a devastating drought that has dragged on for more than four years. The dry spell has forced the state to resort to water rationing, raised the specter of ecological...
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There's a Reason They Call It Work - Ten Lessons from the Trenches "There's a reason they call it work", my Dad would say. "If it was fun, they wouldn't need a separate word for it." His point was that all jobs are a mix of things you enjoy doing and those you don't. If you're lucky, th...
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The Like-kind exchange is a powerful tax deferral tool.  The Code Section that supports it - 1031 - is one of the few Code sections, like 501(c)(3) and 401(k), that have worked their way into the vocabulary of people ot...
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CVS Deal Hits Right Target

Wall Street Journal - 15 Jun 2015 19:41
For CVS, the benefits to purchasing Target's pharmacy business outweigh the cost of slowing share buybacks.
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Alibaba Group Holding Ltd (BABA)-Backed Taxi App To Raise $1.5 Billion In Funds: Bloomberg Didi Kuaidi Joint Co. is raising approximately $1.5 billion in funds to counter US based-ride sharing app, Uber. The Alibaba Group Holding Ltd (NYSE:BABA) and Tencent-backed taxi app is likely to cement its dominant posi...
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HTC Confirms It Is Not Looking To Be Acquired By Asus Taiwanese tech company Asustek has disclosed its interest in cutting a deal for taking over fellow smartphone maker, HTC. Jonney Shih, chairman at Asus, attracted massive attention when he did not deny the possibility of...
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Should You Get Off The Health Care & Biotech Express? Friday's selling in Sector Select Health Care (XLV) and iShares Nasdaq Biotechnology (IBB) pushed them down over 1% for the day. Despite Friday's weakness the XLV is one of the top performing sector ETFs in 2015 as I not...
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Little Details and Successful Entrepreneurs Big things hit you in the face with their bigness and obscure the little, more important things that really define a life.
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Prince Al-Waleed Denies News Of His Dissatisfaction With New Twitter Inc CEO The Financial Times (FT) reported yesterday that Saudi billionaire prince, Al-Waleed bin Talal, had expressed concern regarding Twitter Inc's (NYSE:TWTR) new leadership, and hoped that the current CEO would not be appoin...
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NEW YORK (TheStreet) -- Shares of AirMedia Group were falling 13.6% to $6.27 on heavy trading volume Monday after the Chinese marketing services firm announced it will sell a 75% equity interest of its advertising busine...
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PG&E (PCG) Stock Price Target Lowered at Barclays

The Street - 15 Jun 2015 16:16
NEW YORK (TheStreet) -- PG&E Corp.  stock price target was lowered to $58 from $61 at Barclays which reiterated its "overweight" rating. On June 11, the California Public Utility Commission issued a scoping ruling to i...
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NEW YORK (TheStreet) -- U.S. Treasury yields rose to new 2015 highs last week as investors expect the FOMC to strongly hint that it will slowly but surely begin to raise the federal funds rate in September, with additi...
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US manufacturing output fell 0.2 pct. in May; drop in refining activity clouds autos strength
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