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Business News

Location American Business News for 25 June 2015

Alfa Romeo Launches US Comeback After 20 Years

NBC News - 25 Jun 2015 16:53
Alfa Romeo Launches US Comeback After 20 Years The Italian car company left the U.S. market in 1995 amid poor sales and questions about quality.
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As Amazon, eBay remove Confederate flags, Nazi items on sale Amazon and eBay sharply cut the number of Confederate flag products on their sites a day after vowing to remove them, but in a sign of the difficulty of removing controversial content, Nazi-era memorabilia are listed on ...
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Arnold Schwarzenegger: The majority of people in Hollywood said I'd never make it as an actor Arnold Schwarzenegger is one of the biggest action stars of the '80s and '90s known for roles including "Conan" and "Terminator."  So it's hard to believe anyone could tell him he would have never made it in Hollywood, ...
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The Great Recession was much, much worse for African Americans By now it's a familiar story that the Great Recession impacted almost everyone in America. Even those who were lucky enough not to lose their jobs likely saw the value of their house plummet. The lost wealth from the Re...
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Soon-to-be president of Sweet Briar reveals what will happen now that it's been rescued Sweet Briar has been saved. On Monday, a court ruled that the 114-year-old all-women's college will remain open for the next year, concluding a months long fight between Sweet Briar's Board and alumnae deeply committed t...
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This type of LinkedIn photo can make you look more trustworthy Your LinkedIn photo has the potential to convince employers that you're honest -- a trait that most companies value highly. The trick? Look a little happy. That's according to new research from New York University, which...
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General Electric Company Reaches Deal With Union Delegates General Electric Company (NYSE:GE) disclosed the details of a preliminary labor agreement reached with delegates representing the union in a press release earlier today. The next step in the process would include a vote ...
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What My Childhood Job Taught Me About Running a Business Your first job matters. Here are six reasons why.
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Momentum to defund DOL fiduciary rule seems unstoppable

Investment News - 25 Jun 2015 20:53
But proponents look to the history of the fight to maintain optimism.
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What VCs Can Teach Executives About What Drives Returns

Harvard Business Review - 25 Jun 2015 18:00
Three lessons.
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Supreme Court Upholds King, Says Obamacare Tax Credits Apply To All States In a 6-3 ruling, the Supreme Court has held that the Patient Protection and Affordable Care Act, sometimes called "Obamacare," authorized federal tax credits for taxpayers living in states with exchanges and also taxpaye...
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Amazon.com, Inc. (AMZN) Downgraded To Hold From Buy At Evercore ISI Investment firm Evercore ISI in an updated research note sent out to clients and investors downgraded Amazon.com, Inc.'s (NASDAQ:AMZN) stock to Hold from Buy, while maintaining a $460 price target. The firm made the chan...
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Korea hopes to contain the economic fallout from MERS with a big stimulus package Korea's government just slashed its economic growth forecast down to 3.1% from 3.8% and announced a fiscal stimulus package in response to the MERS outbreak that's taken a toll on its economy. Details about the exact s...
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Facebook Poached This Influential Yahoo Exec He held his post at Yahoo for a little over a year
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Climate change is hot. From the pope’s encyclical to the upcoming United Nations conference in Paris, leaders are debating how to slow and eventually stop the warming of our planet.
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Why 'Grexit' Is Not Greece's Biggest Problem In Athens' Syntagma Square, as protesters vent their emotions about Greece's precarious economy and the flower-sellers outside the Greek Parliament weary at the questions of the world's journalists, something interesting...
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Microsoft Corporation To Make $31 Million From Windows XP Support Deal With US Navy Microsoft Corporation (NASDAQ: MSFT) is in luck to make more money from the 14-year old Windows XP, since the US Navy has demanded support for the operating system (OS). The support deal is worth $30.8 million, and will ...
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Monsanto Company Posts Solid Earnings, Reaffirms Push For Syngenta AG (ADR) Monsanto Company (NYSE:MON) posted a strong fiscal third quarter yesterday driven by improved sales of corn seeds and a new partnership with a consumer garden and lawn company. However, even though earnings surpassed ana...
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Lincoln Park mansion sells for $5.93 million

Chicago Tribune - 25 Jun 2015 06:53
Lincoln Park mansion sells for $5.93 million A newly built, seven-bedroom, 8,530-square-foot mansion in Lincoln Park sold last month for $5.93 million, the highest-priced home sale in that neighborhood in more than two years.
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Top U.S. officials press China for greater market access to its economy, reflecting growing corporate concerns that Beijing's promised economic overhauls will prove to be more rhetoric than reality.
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Everyone wants to be an entrepreneur these days. (At least it feels like it.) And why not? Entrepreneurs live the dream: the freedom, the fame, the purpose, the change.
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Carl Icahn made around $2 billion on Netflix

Business Insider - 25 Jun 2015 04:36
Carl Icahn made around $2 billion on Netflix Carl Icahn is out of Netflix, which means one of the greatest trades we've seen in a while is over and done with. RIP. "Sold the last of our [Netflix] today," Icahn tweeted. "Believed [Apple] currently represents same op...
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