Business News
As Minimum Wages Rise, Restaurants Say No to Tips, Yes to Higher Prices
The New York Times - 24 Aug 2015 03:36
A no-tipping policy has already been adopted by a small number of restaurants, with others taking a wait-and-see attitude.
Why stocks are tumbling 6 years into the bull market
Chicago Tribune - 24 Aug 2015 16:25The Wall Street Journal: China plans to flood banking system with new liquidity
Market Watch - 24 Aug 2015 07:52
The expected move to free up more funds for lending--by reducing the deposits banks must hold in reserve--is directly aimed at countering the effects of a weaker currency, which could send more funds away from Beijing's ...
Puerto Rico statehooders see opportunity as woes deepen
Business Insider - 24 Aug 2015 06:05
MANATI, Puerto Rico (AP) -- Revelers arrived in cars sporting the American flag and wore clothes in red, white and blue as they celebrated the anniversary of Puerto Rico's pro-statehood political party with deafening sal...
3 Things That Will Eventually Kill Your Business
Forbes - 24 Aug 2015 05:23
The truth is that you probably won't see trouble coming, because whatever threatens to kill your company in the future is most likely a source of its strength today.
Why the NYSE Invoked Rarely-Used Rule 48
NBC News - 24 Aug 2015 19:32
The New York Stock Exchange invoked a seldom used mechanism known as Rule 48 to pre-empt panic selling at the stock market open on Monday.
Body Labs Provides 3-D Models Of Human Body And Tools To Analyze It
Forbes - 24 Aug 2015 19:14
Investigating a murder is how startup Body Labs got its start, according to the opening sentence from Issie Lapowsky at Wired. Computer vision expert, Professor Michael Black from Brown University, was asked by police to...
Endangered unicorns: Market struggle may affect booming startup valuations
Market Watch - 24 Aug 2015 18:56
The skid in stock prices may reach into the private markets, damaging fund-raising and valuations for startups of all stripes as venture capitalists shift their investment strategies.
Oil Prices Plunge More Than 6% As Stocks Drop
NBC News - 24 Aug 2015 16:46
Oil prices plunged sharply lower on Monday amid broader market turmoil.
Dow down but recovering after massive 1,000-point drop at open
Chicago Tribune - 24 Aug 2015 16:22Morgan Stanley Resumes General Motors Company Coverage At Underweight
Bidness etc. - 24 Aug 2015 16:20
Morgan Stanley analyst Adam Jonas has resumed coverage on General Motors Company (NYSE:GM) with an Underweight rating and $27 price target. The analyst believes the company's current earnings in China might prove to be t...
What's bad for China is bad for U.S.
USA Today - 24 Aug 2015 16:18The 6 stocks absolutely crashing the Dow
USA Today - 24 Aug 2015 16:1512 Ways to Deal With a Financial Disaster In Your Startup
Forbes - 24 Aug 2015 16:00
The real startup life is brutal.
Can OPEC Emergency Meeting Stop Crude Oil Decline?
Bidness etc. - 24 Aug 2015 15:51
Following the nuclear deal in July, Iran has restated its commitment to developing its petroleum industry further. It is expected to increase output by 500,000 barrels of oil per day (bpd), once sanctions are lifted, and...
Guatemala president won't resign, denies scandal involvement
Business Insider - 24 Aug 2015 07:23
GUATEMALA CITY (AP) -- President Otto Perez Molina says he won't resign from office despite investigators saying he may have been involved in a customs fraud scandal that has thrown the country into political crisis. Per...
China Shares Erase Year's Gains
Wall Street Journal - 24 Aug 2015 06:28
China's shares wiped out all of this year's gains, sending Asian markets tumbling, as fears about the deepening effects of a slowdown in the world's No. 2 economy rattle investors across the globe.
How the Market Rout Is Turning Wall Street Upside Down
Wall Street Journal - 24 Aug 2015 06:09
Market turmoil has Investors flocking to the safety of U.S. treasurys, as many on Wall Street rip up their playbooks for what will work for the rest of 2015.
Intel to Invest Heavily in Software That Enhances Cloud-Computing Capabilities
The New York Times - 24 Aug 2015 06:01
An expected $100 million in funding to be directed to cloud-computing software and a related start-up reflects the company's view of its own future.
Latest China Rout Roils Stock Markets Across Asia
Forbes - 24 Aug 2015 04:35
Battered China stocks plunged through a key government support level this morning, roiling capital markets around Asia.
Declines in Wall Street Fuel More Sell-Offs as Asian Shares Plunge
Time - 24 Aug 2015 04:28
The Shanghai Composite Index tumbled 8.8%
Why Rupert Murdoch Wants Michael Bloomberg to challenge Donald Trump
inc - 24 Aug 2015 04:25
Rupert Murdoch is encouraging Michael Bloomberg to run. Fanciful or a break with politics as we know it?