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Business News

Location American Business News for 8 July 2015
Facebook changed its 'Friends' logo to make the man and woman equal because 'the lady had a chip in her shoulder' (FB) Facebook has made a subtle change to the "Friends" icon that appears at the top-right of its homepage, bringing the woman in the image in front of the man, The Verge reports. Facebook design manager Caitlin Winner explai...
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Meet the fabulously rich moguls who live on Malibu's exclusive 'Billionaires' Beach' Malibu's Carbon Beach has long been one of the most exclusive enclaves in the world. With just 70 properties, the stretch of beach between the Pacific Ocean and Pacific Coast Highway is home to Hollywood elite and billio...
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China unveils new measures to stop stock slide

USA Today - 8 Jul 2015 08:07
China unveils new measures to stop stock slide China's main market index has declined 30% since June.          
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Report: JPMorgan to pay $125M in settlements over credit card probes The pacts stem from state and federal allegations the bank violated laws over debt collection practices          
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Woman who got 153 robocalls gets nearly $230K

USA Today - 8 Jul 2015 05:26
Woman who got 153 robocalls gets nearly $230K The Texas woman said she had repeatedly asked Time Warner Cable to stop calling.          
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Fund Star Wally Weitz Is Waiting for 10% Stock Correction Omaha's other value hound says to "watch calmly as it unfolds and take advantage" of lower prices.
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Greece formally requests a three-year bailout from the eurozone's rescue fund but Germany says it wouldn't consider the request until it sees a full list of reforms.
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On The Move Again, Alibaba Buys Stake In Discount Fashion Site Mei.com Alibaba Group Holding, China’s biggest e-commerce business, has bought a “strategic” stake in fashion and luxury good site Mei.com, Alibaba said in a statement today.  It didn’t say how large a stake it purchase...
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What China's bursting stock bubble means for the U.S. economy China is a long way from Greece and the high-profile debt troubles of the Eurozone, but its stocks have been taking a far worse beating in recent days.
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New York Stock Exchange halts trading after technical issue Trading on the New York Stock Exchange was temporarily halted Wednesday in response to an apparent technical issue.
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Apple reportedly asks suppliers to make record 85M-90M new iPhones by end of 2015 Apple is apparently expecting huge sales of the next iPhone — probably called the iPhone 6s — if reports today are true. Dow Jones is reporting that Apple has asked its suppliers to make the parts for a record 85 mil...
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Apple Inc. To Increase App Store Prices In Select Countries With Low-Cost Tier In Some Apple Insider reports that Apple Inc. (NASDAQ:AAPL) will make some changes to its App Store pricing in countries such as Mexico, South Africa, South Korea and Turkey. The company is also going to change its prices for em...
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Look at the damage Apple has done to Samsung -- in one chart (aapl) Over the last year or so there have been periodic reports that Samsung's smartphone business has collapsed, destroyed by the arrival of Apple's iPhone 6. But the scale of the collapse has been tricky to gauge. Although ...
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A 33-year-old who runs a 7-figure business while traveling the world explains how she makes it work Kisha Mays is always on the move. Mays is the 33-year-old founder and CEO of Just Fearless, a business development consultancy that helps women entrepreneurs expand into international markets. While she's based in Hong K...
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NEW YORK (TheStreet) -- Sandwich chain Subway has bigger problems than dealing with the blowback from ousted longtime spokesman Jared Fogle. The main issue is that the privately owned sandwich shop, which has more than...
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Big data helped one bank discover which debt collection techniques were most effective, allowing it to reduce staffing.
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NEW YORK (TheStreet) -- Alcoa , the producer of aluminum and former component of Dow Jones Industrial Average, reports earnings after the close Wednesday. For investors it's a matter of managing extreme volatility. Alc...
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Germans Forget Postwar History Lesson On Debt Relief In Greece Crisis As negotiations between Greece and its creditors stumbled toward breakdown, culminating in a sound rejection on Sunday by Greek voters of the conditions demanded in exchange for a financial lifeline, a vintage photo resu...
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Amazon To Go On Trial For Trademark Infringement Due To Confusing Search Results A U.S. Appeals Court has ruled that watchmaker MTM is entitled to pursue a trademark infringement lawsuit agaist Amazon because the retailer returns search results that could mislead consumers.
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Some of the discussions about Apple’s strategy focus on Apple’s becoming a technology conglomerate.  It’s been suggested that Apple buy Tesla, that Apple buy Dropbox, Uber and Square, and that Apple buy Jawbone an...
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Greece is short on cash -- and ideas

New York Post - 8 Jul 2015 05:46
Greece is short on cash -- and ideas As many Greek bank ATMs run out of 10-euro and 20-euro bills, government leaders at a eurozone summit on Tuesday launched a desperate bid to secure fresh aid. In Athens,...
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NEW YORK (TheStreet) -- Alcoa  reported second-quarter earnings missed Wall Street estimates but beat on revenue. The aluminum production giant has been working to restructure its business following the slump in alumin...
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