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Business News

Location American Business News for 23 June 2015

Countries that speak fewer languages are more prosperous

Business Insider - 23 Jun 2015 16:37
Countries that speak fewer languages are more prosperous A new paper "reaches the conclusion that less linguistically diverse countries tend to prosper," according to The Economist. The magazine cites the work of Bodo Steiner and Cong Wang, economists at the University of Sout...
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How a 29-year-old grew a $1 billion tech fund in 7 months Carpe diem! And in some cases carpe ETF may be a wise mantra. That is part of the story behind one rising star in the increasingly popular tech-fund universe. The...
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The ugly secret behind why J. Crew's sales have tanked

Business Insider - 23 Jun 2015 17:01
The ugly secret behind why J. Crew's sales have tanked For years, J.Crew was an iconic brand. But lately they haven't been doing so well -- here's why. Produced by Joe Avella Follow BI Video: On Facebook Join the conversation about this story »
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Donald Trump is doing shockingly well in a key primary state Real estate mogul and presidential candidate Donald Trump scored second place in a New Hampshire poll released Tuesday. Trump, the star of NBC's "Apprentice," got 12% in the Suffolk University survey, trailing only forme...
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Mobile gaming market is ripe for independent studios and developers to capture share This story was originally sent to thousands of professionals just like you in this morning's MOBILE INSIDER daily newsletter.  Don't be left in the dark while your competition gets ahead each morning. Learn more about o...
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Takata accused of putting profits ahead of safety Japanese auto parts manufacturer Takata ignored years of warnings over faulty airbags, and even put crucial safety inspections on hold due to cost concerns, according to a new report.
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This Cosmetics Firm Is Paying A Guy $1.8 Million NOT To Be Its CEO What happens when the person tapped to take over as your company’s CEO supposedly changes his mind at the last minute? Well, if you’re cosmetics company Coty, you pay him about a couple of million dollars. Back in Ap...
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How Entrepreneurs Gain And Grow Customers In A Bear Market Use your entrepreneurial optimism and creativity to keep prospects and customers growing in times of economic uncertainty.
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Alibaba Group Holding Ltd To Target Russia For Next International Expansion China's biggest eCommerce company, Alibaba Group Holding Ltd (NYSE:BABA), recently announced plans to expand its international reach by increasing investments in Russia to boost its business.
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Chinese fund manager Hillhouse Capital is leading an investment in Uber, purchasing bonds that convert into shares at a discount to the ride-hailing company's future initial public offering price, The Wall Street Journal...
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Martha Stewart's $167M payday is only a 'good' deal

New York Post - 23 Jun 2015 04:11
Martha Stewart's $167M payday is only a 'good' deal For Martha Stewart, the $353 million sale of her empire to Sequential Brands is a good thing, not a great one. The deal still represents nearly a $167 million payday...
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This insane chart shows how violence has spiked -- and declined -- since 1400 The good news is: we're killing each other less.  The bad news is: we've been killing each other in armed conflict for a long, long time.  You can see those trends in this new graph from Oxford economist Max Roser: Th...
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Deutsche Bank Maintains Trust In Nike Inc (NKE) Ahead Of Its Earnings Nike Inc (NYSE:NKE) is set to report its results for the fourth quarter of fiscal year 2015 (FY15) later this week. Deutsche Bank revisited its outlook for the stock ahead of its results and Bidness Etc takes a look into...
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Jay Z's music streaming service Tidal loses interim CEO after 3 months Jay Z’s music streaming service Tidal says interim CEO Peter Tonstand is no longer with the company. This is second time a CEO has left Tidal this year. In April, Tidal affirmed that CEO Andy Chen would no longer be le...
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Uh oh! China stocks extend major sell-off China's benchmark Shanghai Composite shed as much as 4.5% during morning trading on Tuesday.
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Here's the first image from 'The Walking Dead' season 6

Business Insider - 23 Jun 2015 23:40
Here's the first image from 'The Walking Dead' season 6 We have a while to go before the new season of "The Walking Dead," but that doesn't mean we can't get excited for for a glimpse of Rick and the rest of the gang. AMC debuted the first artwork for season six and it hints ...
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A Florida City Paid This Advocate $5 Million To Get Lost. Now, He's Using It To Help Homeless People Get Married. Last year, the city of Hollywood, Florida, bought Sean Cononie's homeless shelter for nearly $5 million so they could shut it down. They made Cononie promise not to set foot in the town again. "I've actually been exiled,...
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In Norway, people celebrate the summer solstice with this enormous bonfire festival June 21st -- the summer solstice and the longest day of the year -- marks the official start of summer. In Norway, people usher in summer with a massive celebration called Slinningsbålet. It's celebrated with a huge bon...
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Wal-Mart CEO reveals how the company could eliminate the worst part of shopping Wal-Mart is testing a revolutionary barcode technology that could eliminate long lines at checkout registers. The technology is called invisible watermarking, and it allows scanners to read barcodes from anywhere on a pr...
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A new tech inspired healthcare company: Oscar

USA Today - 23 Jun 2015 21:55
A new tech inspired healthcare company: Oscar Oscar has a new , high tech, healthcare business model          
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These 2 quotes show the extent of the chaos if the Supreme Court guts Obamacare The Supreme Court could be about to torpedo a significant part of President Barack Obama's legacy. The highest US court is expected to soon issue its ruling on Obama's signature healthcare law. At stake is the legality o...
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Avoid Getting Downsized: Become A Better Leader

The Huffington Post - 23 Jun 2015 14:05
Avoid Getting Downsized: Become A Better Leader Boomers face the increasing perception that they are getting long in the tooth, and that younger managers are better prepared to lead project teams going forward. Yet the truth is that over 80 percent of corporate manage...
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