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Business News

Location American Business News for 29 June 2015
Bond insurers are getting smoked following the freak out in Puerto Rico Bond insurers MBIA and Assured Guaranty are under significant pressure thanks to their exposure to Puerto Rican debt. A bond insurer sells insurance to owners of bonds, which serves as protection in the event of default....
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How to clear out a ton of space on your iPhone superfast

Business Insider - 29 Jun 2015 16:49
How to clear out a ton of space on your iPhone superfast If you're running out of space on your iPhone, here's a guide that shows you how to clear out as much storage as possible. Produced by Monica Manalo Follow BI Video: On Facebook Join the conversation about this story »
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Molycorp Creditor Oaktree Scores With Savvy Move

Wall Street Journal - 29 Jun 2015 00:24
Molycorp Inc.'s bankruptcy is poised to leave credit-investing giant Oaktree Capital Group LLC unharmed while rival Apollo Global Management LLC and other junior creditors lick their wounds.
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A bunch of billion-dollar 'unicorn' startups are just 'horses with sticks taped on their heads,' top New York investors say On Monday, First Round Capital published a letter it sent to its limited partners about the state of startup investing. It was uncovered by Fortune's Dan Primack. According to New York's top startup investing firm, thing...
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Will BMW Pay $800 Million To Fix Cause Of Sudden Engine Failure? In the last five years, BMW, the maker of "the ultimate driving machine," has recalled about 700,000 vehicles for technical problems with the potential to cause their engines to fail.
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NEW YORK ( TheStreet) -- Infant formula-maker Mead Johnson  is one of four companies ready to pop, according to Christian Greiner, portfolio manager for the Azzad Ethical Fund. Greiner said Mead Johnson shares have sunk...
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What If Activision Puts An End To Call Of Duty Franchise? At this stage, the success and contribution of the Call of Duty franchise becomes all the more important for Activision Blizzard. The company has recently announced the release of this year's edition of Call of Duty, wit...
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Amazon. com, Inc. To Offer Microfinance Loans To Sellers On Marketplace Reuters reports that Amazon.com, Inc. (NASDAQ:AMZN) is set to launch a new business loan program catering to small businesses in China as well as seven other countries; this is being done to help vendors in a market wher...
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Italy's Prime Minister says Greece's referendum is a choice between the euro and Grexit In less than a week, Greece will vote on whether or not to accept the bailout deal it has been offered by its international creditors.  If the country votes "Yes," the deal will be accepted and the country might get its...
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Greece Is Keeping Chinese Stocks From Rebounding The global market sell-off came at a rough time for Chinese stocks
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General Electric Company Officially Announces To Sell Off GE Capital Fleet Unit Element Financial Corp has signed a deal with General Electric Company (NYSE:GE) to acquire its fleet management services in Mexico, New Zealand, the United States, and Mexico, as per a Reuters report. The deal is worth ...
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13 interesting startups created by ex-Apple employees (AAPL) If you need any more proof that Apple is full of insanely talented people, just consider some of the companies that its employees went on to start after leaving the company. Ex-Apple employees have launched companies tha...
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VR shooting can be great on Sony's Morpheus, but the Rigs demo made me seasick We spell out the good and the bad with Sony's virtual reality platform.
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America Needs Solutions For Paycheck-to-Paycheck Volatility This post was co-authored by Dalila Wilson-Scott
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Greek Situation Critical, Kicks Off Street's Holiday Trading Week A nail-biter for Greece and China, major U.S. economic data, and end-of-quarter position squaring headline a holiday-abbreviated trading week. That’s a lot of news packed into four days of potentially dwindling trading...
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The Supreme Court just took up a case that could end affirmative action The Supreme Court will again consider a Texas student's challenge to the use of race in college admissions decisions, justices announced Monday. The case -- Fisher v. University of Texas -- centers around Abigail Fisher,...
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Twitter Inc Works To Help Small Businesses Grow

Bidness etc. - 29 Jun 2015 16:28
Twitter Inc Works To Help Small Businesses Grow According to a report published by Bloomberg on Friday, Twitter Inc (NYSE:TWTR) now allows start-ups to post a tweet about their stock or debt offering to measure interest among potential investors. The Securities and Ex...
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U.S. Health Care Costs Rise Faster Than Inflation U.S. health care costs continue to rise, despite the advent of the Affordable Care Act. In this article, we'll look at the annual increase for health care and compare it to overall inflation.
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Private Equity Can Make Firms More Innovative

Harvard Business Review - 29 Jun 2015 16:00
A new paper shows how leveraged buyouts lead to more patents.
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After Sen. Ted Cruz (R-TX) said he would support Texas county clerks' ability to deny marriage licenses to gay couples on religious grounds, "Today Show" co-host Savannah Guthrie pressed the presidential candidate on the...
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British police seized a drone that was flying over the site of the Wimbledon tennis tournament Police in London have seized a drone that was flying over the site of tennis tournament Wimbledon, Engadget reports. The Metropolitan Police says it saw a drone flying over the All England Lawn Tennis Club on Saturday m...
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Agency Taps Mapping Technology to Curb Rail Crossing Accidents The Federal Railroad Administration is hoping its new measure to integrate grade-crossing locations into mapping technology will curb the recent increase in crashes and fatalities.
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