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Business News

Location American Business News for 18 August 2015

9 science-backed signs you're smarter than average

Business Insider - 18 Aug 2015 19:05
9 science-backed signs you're smarter than average What makes someone smart? Scientists have been investigating that question for decades, and the research suggests that everything from your mother's breast milk to the size of your waistline can influence your intelligen...
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Church praises pastor arrested in $30M insider-trading ring Baptist fundamentalists from the former Soviet Union are praying for one of their own -- a Pennsylvania pastor indicted last week for being part of a massive Ukrainian insider-trading ring....
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U.S. lets Shell drill for oil off Alaska

USA Today - 18 Aug 2015 03:40
U.S. lets Shell drill for oil off Alaska The federal government on Monday gave Royal Dutch Shell the final permit it needs to drill for oil in the Arctic Ocean off Alaska's northwest coast for the first time in more than two decades.          
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Google Couldn't Survive with One Strategy

Harvard Business Review - 18 Aug 2015 23:05
And neither can your company.
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The world of bitcoin is reeling from a seismic shock this week, as a new version of the crypto-currency launches a bid for dominance. The conflict, which users characterize as a "hard fork" in bitcoin's winding path, rai...
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NEW YORK (TheStreet) -- If you're a student of technical analysis, here's a list of two dozen stocks that are looking pretty bad right now, according to the charts. "The battle between the Bulls and Bears has never been ...
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Marijuana Industry Pushes Through Labor Pains

NBC News - 18 Aug 2015 06:01
Marijuana Industry Pushes Through Labor Pains The developing national marijuana industry is still sifting through labor disputes long since settled in other lines of work.
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Citigroup to pay investors $180M in hedge fund fraud settlement Citigroup's long and sordid history with hedge funds ended Monday when it agreed to pay $180 million to end a Securities and Exchange Commission probe into two hedge funds that...
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An radical shift in consumer psychology is threatening the future of Nordstrom, Macy's, and JCPenney The department stores that once ruled the world are struggling to keep up with discount retailers.  An emerging trend in consumer psychology is contributing to the shift toward discounting, according to Neil Saunders, ...
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Juno Therapeutics Shares Could Nearly Double

Barron's - 18 Aug 2015 20:53
Juno Therapeutics Shares Could Nearly Double The biotech has had tremendous success treating solid and liquid tumors. Shares could reach $73 in 12 months.
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How Disney Influences Small Customer Segments for Major Impact

The Huffington Post - 18 Aug 2015 20:01
How Disney Influences Small Customer Segments for Major Impact The art and science of engaging customer segments via influencer marketing or blogger outreach has emerged as a necessity for marketers. The success of this strategy depends on focusing on specific customer segments rath...
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eBay (EBAY) Stock is the 'Chart of the Day'

The Street - 18 Aug 2015 18:00
NEW YORK (TheStreet) -- eBay stock is falling 1.25% to $27.93 in early afternoon trading on Tuesday, after it sold a portion of its investment in Snapdeal, an Indian e-commerce company. The San Jose, Calif.-based compan...
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NEW YORK (TheStreet) -- Warren Buffett doesn't own Apple stock, but the data says he should. Apple gets a 100% Buy rating from our Warren Buffett model and 93% from our Peter Lynch model.  Buffett doesn't own Apple, of ...
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NEW YORK (TheStreet) -- Facebook's price target was raised to $120 from $105 at MKM Partners, which reiterated its "buy" rating. User growth continues to impress given Facebook's massive reach, adding 49 million MAUs wit...
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Turkish Lira May Need More Central Bank Help

Wall Street Journal - 18 Aug 2015 17:27
The lira looks set to keep on sliding. Turkey still faces a political and monetary credibility gap.
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NEW YORK (TheStreet) -- Many investors -- especially millennials -- are interested not just in their financial gains, but also in the wider impact their investments will have on society. This concept is known as "impact...
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Singapore Dollar Whipped by China Headwinds

Wall Street Journal - 18 Aug 2015 17:13
Singapore's currency will face pressure both from a rising U.S. dollar and a more turbulent Chinese yuan.
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Blame American Work Culture--Not Amazon--For Creating a Bruising Workplace The e-commerce giant isn't the only company that requires long hours and dismisses work-life balance.
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Wal-Mart Cuts Annual Profit Outlook as Costs Rise The world's largest retailer reported an 11.4 percent drop in second-quarter profit and lowered its growth forecast for global e-commerce this year.
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July Housing Starts Hit Highest Level Since October 2007 Groundbreakings on new homes rose 10.1% year-over-year in July to reach their highest level since October 2007, the U.S. Commerce Department said Tuesday.
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Apple announced today that its 9th annual iTunes Music Festival will don a new name to promote Apple Music. Now called the “Apple Music Festival,” Apple’s ten-day U.K. event will feature Pharrell Williams, One Dire...
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GOP hopeful Scott Walker offers health plan with tax credits MINNEAPOLIS (AP) -- Republican presidential candidate Scott Walker's plan for replacing President Barack Obama's health care law would extend refundable tax credits to help pay for private health insurance based on age i...
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