Business News
The Wall Street Journal: Sweet Briar College gets reprieve, to stay open another year
Market Watch - 21 Jun 2015 19:55
Sweet Briar College in Virginia, a 114-year-year old private, women's liberal arts school that was slated to close at the end of the summer, has received a reprieve and will remain open for another year with new leadersh...
The worst case if you invest in a hot stock market
CNN - 21 Jun 2015 15:53
U.S. stocks are near record highs. Just how bad would your losses be if the market drops?
How to Punish Bank Felons
The Huffington Post - 21 Jun 2015 16:01
What exactly does it mean for a big Wall Street bank to plead guilty to a serious crime? Right now, practically nothing. But it will if California's Santa Cruz County has any say. First, some background. Five giant banks...
Five Entrepreneurial Places in Europe Where Hub Things Are Happening
Forbes - 21 Jun 2015 14:41
Startup culture thriving all over the continent
Who Should Write The Worker Rules For The 1099 Economy?
Forbes - 21 Jun 2015 05:06
If reasonable limits aren't established now -- and codified either formally or as an expected standard practice -- abuses of the system are bound to happen. And bad stuff invariable follows, for both parties.
The collapse in US oil rigs might be leveling off
Business Insider - 21 Jun 2015 13:15
The weekly Baker Hughes oil rig count was released Friday, and for the 28th straight week, the number of active rigs in the US dropped. But those 28 weeks of declines were not equally dismal. From December through early ...
Banks introduce new fees and service cuts
New York Post - 21 Jun 2015 12:01
The small customer is toast at US banks. Banks are chasing the fast buck -- and "gouging" their retail customers with hefty new charges, overdraft fees and service cuts to...
Dwayne 'The Rock' Johnson's diet contains an absurdly large amount of cod
Business Insider - 21 Jun 2015 16:23
Dwayne Johnson's new HBO series "Ballers" begins Sunday night. Johnson plays a former pro football player who becomes a financial advisor for current athletes. This sparks us to ask once again, how on earth does he main...
China's economic problems are everyone's economic problems
Business Insider - 21 Jun 2015 14:01
China's economic slowdown isn't just bad for China. It's bad for everyone who trades with China. GDP growth has slowed from 10.4% annually in 2011 to 7.4% last year. According to the World Bank, this number should contin...
Arianna Huffington inks contract to remain site's EIC
New York Post - 21 Jun 2015 02:52
Arianna Huffington has yet to turn a profit at her Huffington Post, which is being sold along with its parent company, AOL, to Verizon, but now she has a new...
WikiLeaks Leaks More Sony Documents: Secret Apple Deal And Bribery Investigation Revealed
Tech Times - 21 Jun 2015 02:15
A new batch of emails and documents related to the Sony hack from November has been uploaded to WikiLeaks, showing a deal that the company made with Apple, as well as a number of settlements that it made.
Italian Prosecutors Seek To Indict Bank Of China, 297 People
The Huffington Post - 21 Jun 2015 14:32
ROME (AP) -- Italian prosecutors are seeking to indict 297 people and the Bank of China in connection with a massive money-laundering investigation reported by The Associated Press earlier this month. The suspects, mostl...
Barclays' boss gave every member of staff another day off each year
Business Insider - 21 Jun 2015 14:00
Antony Jenkins, the boss of British bank Barclays, emailed the entire company on Friday and told them they can all have one extra day of holiday a year. Sources close to Barclays told Business Insider that Jenkins emai...
China's stock market surge dream could easily bring about its worst nightmare
Business Insider - 21 Jun 2015 13:59
China's ruling Communist Party has made it clear that it has a mortal enemy: social unrest. Separately, it has also made it clear that the Chinese people should be heavily invested in the stock market. And so, dutifully,...
Online guide helps New Yorkers get more bang for their buck
New York Post - 21 Jun 2015 11:59
If you are a bank, why lend money and put it at risk when you can simply gouge your customers for profit? Banks have been hurt by a raft of...
CFOs are working even when while on vacation: study
New York Post - 21 Jun 2015 02:39
Turn off the phone, unplug the tablet and enjoy the summer. That's what an increasing number of executives are not doing. Indeed, in the midst of a technological revolution, many...
Anthem Proposes To Buy Cigna For $54 Billion
The Huffington Post - 21 Jun 2015 01:31
NEW YORK (AP) -- After getting the cold shoulder, U.S. health insurer Anthem Inc. said it's raising its offer to buy smaller rival Cigna Corp. for $54 billion, including debt. Indianapolis-based Anthem said Saturday it's...
Why HBO's 'True Detective' Will Continue To Change The Way You Watch Television
Forbes - 21 Jun 2015 23:54
Last year, before HBO's True Detective premiered I wrote a piece about the way the series could change the way you’ll watch television. And it turns out that it did that and more. Not only because of its sheer excellen...
End of the corner office: D.C. law firm designs its new space for millennials
Washington Post - 21 Jun 2015 23:30
From the moment Jeff Costellia first joined a big firm after graduating from law school, he had one destination in mind: the corner office.It wasn't just the palatial space, the private conference table, the windows and ...
Waking Up to the Dollar Signs in Dads
The Huffington Post - 21 Jun 2015 23:29
This is an image of a "male parking station" in a mall in Turkey. A group of men recline on the sofa in various states of tedium while (presumably) their female partners are off merrily flexing their credit cards. What's...
Tesla's Need for Cash Should Cow Investors
Wall Street Journal - 21 Jun 2015 23:27
Tesla's high stock price and need for cash to fuel its ambitions are a risky combination for investors.
Pressure Mounts on Europe to Find Greek Solution
Wall Street Journal - 21 Jun 2015 23:22
European leaders' talks on Monday could determine whether Greece seals a last-gasp deal or ends up under capital controls. The hurdles remain formidable.