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Business News

Location American Business News for 18 July 2015
Does the Reddit Revolt Foretell a Similar Uprising for The Music Business? What if musicians - tired of having their music used to grow subscriber numbers for streaming services - pulled their music from these services? The Reddit revolt may be a harbinger of things to come for the music busine...
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Watch: Real Biz Rapid Fire with Hannah Fry

ABC News - 18 Jul 2015 00:11
Watch: Real Biz Rapid Fire with Hannah Fry The probability you will meet the love of your life and other things we can predict with math thanks to Dr. Hannah Fry.
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Google Q2 Earnings Report Puts Spotlight On Mobile And YouTube Growth Google's second quarter financial results beat analysts' forecast. Mobile and YouTube were the stars in the report.
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MLPs: Have They Hit Bottom?

Barron's - 18 Jul 2015 07:09
A flurry of acquisitions in the MLP sector suggests it's becoming undervalued.
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The drought is costing California farms $1.8 billion in revenue While California remains gripped by drought, the scale of lost agricultural jobs and lowered revenue is emerging. And the numbers don't look good. Vast tracts of farmland—mostly in the Central Valley—have been fallow...
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I challenged this shoe-repair startup to bring a pair of worn-out $300 shoes back to life for $40 Click here to see the amazing work >> Join the conversation about this story » NOW WATCH: The secret ingredient to add to your grilled cheese
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Meet Wang Jianlin, the richest person in China

Business Insider - 18 Jul 2015 21:28
Meet Wang Jianlin, the richest person in China Wang Jianlin, a former People's Liberation Army soldier who is now a real estate mogul and the world's largest cinema chain operator, is the richest person in China. With a fortune of $40.7 billion, he's caught in a rich...
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Jules Bianchi crash stuns Formula One

CNN - 18 Jul 2015 20:16
Jules Bianchi crash stuns Formula One
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Greek banks to reopen on Monday, limits remain Greek banks, which have been closed for weeks amid the financial crisis, are preparing to reopen Monday.
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Q&A: How to value Buffett's Berkshire Hathaway

USA Today - 18 Jul 2015 15:30
Q&A: How to value Buffett's Berkshire Hathaway Shouldn't I value Berkshire Hathaway at less than 100% when calculating asset allocation?          
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Waevio: Adding much needed context to the web

Nibletz - 18 Jul 2015 15:23
Waevio: Adding much needed context to the web Waevio What is Waevio ? This site is made because there’s too much information circling around us, and a lot of them are fragmented and unorganized to people. With Waevio the main goal is to sum all that information in...
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Aabaco: Yahoo's Alibaba Spin-offf To Hold 384 Million Shares Yahoo hopes to spin off its Alibaba shares in a new company called Aabaco Holdings, but there is no guarantee the transaction will be tax-free as its shareholders want it.
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The transition away from magnetic stripe credit cards in the U.S. to more secure chip-and-pin cards could lead criminals to look for alternate ways to make money, a MasterCard executive says.
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Nasdaq Closes at a Record 5210, Up 4% on Week

Barron's - 18 Jul 2015 08:18
Tech and banking stocks drove the market up sharply, with the Dow rising 2%.
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P&G Must Innovate

Barron's - 18 Jul 2015 08:18
Shares of the consumer-products giant have fallen 13% this year, but habitual underperformance means this isn't an opportunity for bargain hunters.
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Wolfgang Schäuble, The Trust Troll

Forbes - 18 Jul 2015 08:16
Wolfgang Schäuble, The Trust Troll Paul Krugman invented the term “confidence fairy” to characterize the belief that all that was needed for growth to resume after the Global Financial Crisis was to restore “confidence”. Impose austerity and the e...
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Iran Can't Just Open the Oil Spigot

Barron's - 18 Jul 2015 07:28
Iran Can't Just Open the Oil Spigot Even if sanctions are removed, the country needs billions in investment from wary energy companies.
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Cuba's Investing Opportunities

Barron's - 18 Jul 2015 07:10
Food, telecommunications, and tourism are likely to flourish as Cuba shows signs it will embrace change. Needed: data transparency and currency unification.
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Top 10 States for Bankruptcy in the United States How does your state rate when it comes to the number of bankruptcies filed each year?
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The Obama-supported trade agreement will give certain American industries some key advantages. Investors should take note.
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Meet the Start-Up That’s Not Afraid to Compete With Apple, Google…and Now Facebook The makers of the Assistant app are happy when big competitors enter their market. Here's why.
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Windows 10 will get automatic updates for 10 years

Venture Beat - 18 Jul 2015 23:51
Windows 10 will get automatic updates for 10 years In an update to its Window’s Lifestyle Fact Sheet, Microsoft says it will offer support for Windows 10 for 10 years. The post notes that it will offer “mainstream security” support until 2020 and “extended securi...
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