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Business News

Location American Business News for 30 June 2015
A Spanish probe into Russian mafia 'could change the narrative of Putin in the West' One of Russia's largest organized-crime syndicates allegedly operated out of Spain for more than a decade with the help of close allies of Vladimir Putin, then the deputy mayor of St. Petersburg, Bloomberg reports. Pros...
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The costs and benefits of energy efficiency are about to get controversial on Capitol Hill thanks to a new study by economists at the University of California, Berkeley and the University of Chicago.
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A combination of increased revenue, including a doubling of money raised through fines, and lower expenses helped Finra significantly increase net income last year.
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Poland Lures More Major Warehouses

Wall Street Journal - 30 Jun 2015 19:45
Poland is attracting more major distribution centers now that transport links with the rest of Europe have been upgraded.
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You can no longer escape airline baggage fees

New York Post - 30 Jun 2015 17:25
You can no longer escape airline baggage fees The era of free checked suitcases on JetBlue has come to an end. The airline proudly proclaimed itself a holdout on fees for years, allowing passengers to check one bag...
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Liberty Mutual and American Family Insurance Co. want to use the data generated by smart home devices to offer consumers a discount on insurance.
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New overtime rule could affect up to 5 million workers The pay threshold for overtime eligibility would increase under Obama's proposal.          
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Greece asks for new bailout as it heads for default Read full story for latest details.
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Stocks partially rebound from steep sell-off

USA Today - 30 Jun 2015 17:03
Stocks partially rebound from steep sell-off Investors continue to eye the latest headlines on the Greek debt crisis as the country faces a midnight default deadline.          
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Three Mortgage REIT Picks in a Slumping Sector

Barron's - 30 Jun 2015 16:59
Three Mortgage REIT Picks in a Slumping Sector New Residential Investment, PennyMac and Two Harbors are creating operating businesses and their investments.
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Consumer confidence surges June

USA Today - 30 Jun 2015 16:22
Consumer confidence surges June Perceptions of current conditions and the near-term outlook both advanced sharply          
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NEW YORK (TheStreet) -- Running a small business isn't easy even in normal times, so imagine what it's like when your country is in the midst of a crippling debt crisis and you're not even sure what currency it will be u...
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Facebook Opening First Permanent Office In Africa: Here's Why This Is Crucial Facebook is opening an office in Johannesburg, which will be led by South Africa's Ogilvy & Mather chairwoman Nunu Ntshingila. The region has a population of over 1 billion, but only 120 million of these people are on Fa...
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NEW YORK (TheStreet) -- On Friday eBay finally announced when it would be completing the spinoff of its payments division PayPal. The company had been discussing the spinoff for months now, but it will all be over on Ju...
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NEW YORK (TheStreet) -- If the Greece and Puerto Rico debt crises cause worldwide panic, scaring investors and causing liquidity to dry up, the U.S. Federal Reserve just might step in to help, becoming, in essence, a cen...
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Uber loses nearly half a billion dollars

New York Post - 30 Jun 2015 15:50
Uber loses nearly half a billion dollars Uber's race to expand comes at a high cost. The fast-growing car-hailing recorded $470 million in operating losses on $415 million in revenue, according to a bond prospectus obtained by...
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Go inside the beautiful new office and test kitchen of the wildly popular food site Food52 If you're a fan of cooking and food, you'll definitely be jealous of Food52's new digs in New York City.  A bit like a social network exclusively for foodies, Food52 is a recipe site and cooking product marketplace wher...
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Managing someone's digital legacy after they've died is an added nightmare, says Merryn Somerset Webb. Happily, there's now an answer. The post How to leave a tidy digital legacy for your family was first published on Mo...
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Why Mark Cuban Is Going All In on eSports The shark has put his money behind a startup that aims to make watching other people play video games a highly immersive event.
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Govt said to consider merging Bharatiya Mahila Bank with SBI Maintaining BMB as a standalone entity would have required large amount capital infusion by the govt, the people said
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British consumer morale surged to its highest in over 15 years this month as shoppers said they were ready to spend, a survey showed on Tuesday, adding to signs that growth is picking up after a weak start to the year. B...
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An executive at index provider MSCI Inc. says Chinese regulators face a complex process to satisfy requirements for mainland shares to join one of its widely tracked indexes.
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