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Business News

Location American Business News for 12 August 2015

Oil wars: OPEC is winning

CNN - 12 Aug 2015 17:42
Oil wars: OPEC is winning Read full story for latest details.
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AdvisorSpoke goes mute after one month

Investment News - 12 Aug 2015 19:02
Anonymous founders say they are returning to their day jobs and focusing on protecting their identities.
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Kraft Heinz cuts 2,500 jobs

CNN - 12 Aug 2015 17:49
Kraft Heinz cuts 2,500 jobs Read full story for latest details.
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How to become a billionaire: Wealth secrets of the 1 percent In 1991 there were about 270 billionaires in the world. Today there are more than 1,600, and 290 were added to the rolls in the past year alone. In other...
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Rich Russians cutting back on private jet travel Russians are significantly cutting back on private jet travel as the slumping Russian economy and weaker currency force them to stick to a budget.
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The 3 Questions Every Business Owner Must Ask What really holds you back? Here are three soul-searching questions every entrepreneur must ask of him or herself.
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How These Startup Co-Founders Fixed Their Struggling Relationship College friends Jessica Mah and Andy Su, founders of inDinero, had to fire their friends to save their business--and almost ruined their own relationship along the way. Here's how they turned it around.
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3 Reasons Celebrating Your Many Accomplishments Is Critical To Your Success Celebrating your wins not only feels great physically, but it reinforces the positive attitude and behavior you want to show up when you face a new challenge or opportunity.
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UPDATE: 12 p.m. EDT The Dow Jones Industrial Average hit a 2015 low in midday trading Wednesday, erasing gains for the year after the yuan extended losses against the U.S. dollar as concerns grow about global growth. Chi...
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China's yuan devaluation turns up heat on Asia China's surprise decision to devalue its currency is turning up the heat on the rest of Asia.
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American Apparel mulls bankruptcy filing amid unrest

New York Post - 12 Aug 2015 05:44
American Apparel mulls bankruptcy filing amid unrest Things have gone from bad to worse at American Apparel. The embattled retailer, battling labor unrest and a dwindling cash supply, said Tuesday its net loss swelled to $19.4 million...
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Wilmette house sells for $650,000 below selling price a decade ago A Wilmette house once owned by WLS-Ch. 7 sports anchor Mark Giangreco sold last month for $2.15 million.
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10 Things Successful People Do To Motivate Themselves It's never too late to be awesome.
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Symantec hopes to muscle way into cybersecurity with $8B sale Symantec, the maker of Norton of antivirus software, is selling data storage company Veritas for $8 billion to focus on making products to keep hackers at bay. The company announced...
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ITG confirmed it plans to pay $20.3 million to settle allegations that it operated a secret trading desk and misused confidential trading information.
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Southwest Offering $59 Flights In Incredible Two-Day Flash Sale

The Huffington Post - 12 Aug 2015 16:06
Southwest Offering $59 Flights In Incredible Two-Day Flash Sale Southwest Airlines has jumped on the flash sale bandwagon this week, with flights as low as $59 for travel from August 25, 2015 to February 10, 2016. The nationwide sale ends Thursday, but before then you can nab a fli...
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Ad Blocking's Unintended Consequences

Harvard Business Review - 12 Aug 2015 15:00
Users will decide whether advertising is a viable business model online.
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Mint50: Franklin Templeton-Franklin India Bluechip

livemint.com - 12 Aug 2015 14:38
Mint50: Franklin Templeton-Franklin India Bluechip The fund avoids highly leveraged companies
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hares across Asia deepened their slumps, following losses in currency markets.
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The preferred resources of 13 people who are making some serious waves as marketers, growth experts, and entrepreneurs.
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Microsoft releases new Windows 10 Mobile preview with improvements and fixes, says focus is now on 'core quality' Microsoft today announced the availability of a new preview build of Windows 10 Mobile for Windows Insiders. This new update, Build 10512, mostly fixes bugs and makes minor improvements — but there’s nevertheless som...
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Entrepreneurs may be more likely to jump in and take a risk rather than making the calculated decision of an economist.
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