Business News
News Corp. beats estimated fourth quarter profits
New York Post - 13 Aug 2015 03:14
Buoyed by a strong performance in its book-publishing and digital real estate services divisions, News Corp. reported adjusted profits in the fiscal fourth quarter that beat Wall Street estimates. The...
Creating genetically engineered mosquitoes could save millions of lives -- or go horribly wrong
Business Insider - 13 Aug 2015 23:34
The mosquito is, by most definitions, the deadliest creature on the planet. The small insect causes an outsize amount of pain and suffering by spreading debilitating and potentially deadly illnesses like malaria, which ...
From alpha to omega
The Economist - 13 Aug 2015 16:49
FEW management fashions have waxed and waned quite as dramatically as that for conglomerates. From the 1960s to the 1980s business gurus praised conglomerates such as ITT of America and Hanson Trust of Britain as the hig...
Tinder CEO out after only five months
CNN - 13 Aug 2015 03:50
Tinder CEO Christopher Payne is leaving the company after only five months at the helm.
Happy Holiday For SK Chairman Among 14 Korean Businessmen Out of Jail for 'Liberation' Anniversary
Forbes - 13 Aug 2015 18:25
South Korea's President Park Geun-hye risks as much political hazard freeing convicted business tycoons as she does responding to Japan Prime Minister Shinzo Abe's "remorse" for Japanese militarism and colonialism. Wha...
Cindy Stumpo - Built to Last
The Huffington Post - 13 Aug 2015 23:52Don't wait till year-end to offer tax tips to high-net-worth clients
Investment News - 13 Aug 2015 19:02
Advisers should take action now and proactively suggest tax-management strategies to clients rather than waiting for them to approach you.
China rushes to calm fears over yuan's plunge
CNN - 13 Aug 2015 06:11
China's central bank is rushing to calm fears over the yuan's plunge in recent days.
How to Effectively Brand Yourself -- Regardless of Your Budget
The Huffington Post - 13 Aug 2015 05:01
A brand isn't something only large, well-known companies have. It is a necessity for any person or business -- from freelancers to international e-commerce sites -- to establish themselves as an authority in their indust...
Prosecutors Ask for No Bail for 5 Accused in Insider Trading Ring
The New York Times - 13 Aug 2015 02:51
Given their strong ties to Ukraine, a country with which the United States has no extradition treaty, the five men are flight risks, the Brooklyn prosecutors maintained.
Without Cooling, Most Modern Society Would Crumble Says Cold Chain Expert Pawanexh Kohli
Forbes - 13 Aug 2015 01:20
Captain Pawanexh Kohli is an expert on cold-chain and the global food crisis, and the Chief Advisor/CEO of India’s National Center for Cold-chain Development.
Guess Who Tops the List for CEO-to-Worker Pay Ratio
USA Today - 13 Aug 2015 18:22Why the banks are scared of China
USA Today - 13 Aug 2015 18:21
China's woes could delay an interest rate hike and that would be bad for banks.
China central bank tries to soothe global markets, says no basis for yuan to fall further
Reuters - 13 Aug 2015 07:17
BEIJING/SHANGHAI
Apple to delay live TV service to next year: Bloomberg
Reuters - 13 Aug 2015 23:38
(Reuters) - Apple Inc will delay its live TV service to at least next year, Bloomberg reported, citing people familiar with the iPhone maker's plans.
Shake Shack: Our Beef Is With the Fat Valuation
Barron's - 13 Aug 2015 23:30
Shares plunge after the burger chain announces a secondary offering. Tempted? Think twice before nibbling.
Northern Trust (NTRS) Stock Price Target Increased at Barcalys
The Street - 13 Aug 2015 22:16
NEW YORK (TheStreet) -- Northern Trust price target was raised to $84 from $80 at Barclays, which maintained its "equal weight" rating. The firm also increased 2016 earnings estimate to $4.45 from $4.25 per share. "North...
Schorsch and ARCP/Vereit in legal fight for millions
Investment News - 13 Aug 2015 19:07
Vereit, which had its initial public offering in 2011 under the name American Realty Capital Properties Inc., in March received a request to redeem $126.7 million worth of “operating partnership” units from affiliate...
How The Physical Web Will Change Local Marketing Forever
Forbes - 13 Aug 2015 19:02
Every so often a new technology sneaks up and changes the world before we can blink. Other times, we see a technology launch and we think to ourselves, “That’s going to change life as we know it.” Eddystone-URL a n...
US Stocks Edge Higher as China's Currency Stabilizes
ABC News - 13 Aug 2015 18:15
US markets edge higher as China soothes concerns over further drops in its currency
Yuan Slide Takes Toll on Chinese Firms
Wall Street Journal - 13 Aug 2015 21:41
The yuan's surprise fall is likely to saddle some Chinese companies with billions of foreign-exchange losses, just when borrowers are grappling with towering debt burdens and slowing growth at home.
20M downloads doesn't necessarily make Angry Birds 2 a success
Venture Beat - 13 Aug 2015 20:55
Developer Rovio has stormed back onto the mobile app stores with a new Angry Birds (our review) and a new business model, but that doesn’t guarantee it millions in revenue even as it racks up millions of downloads. Ang...