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Business News

Location American Business News for 10 September 2015

Tetraphase Takes a Tumble

Barron's - 10 Sep 2015 12:21
Tetraphase Takes a Tumble The biopharmaceutical's lead drug candidate eravacycline failed a late-stage trial, and details as to why are lacking.
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Two people and two dogs are rescued from a rooftop to escape flooding in Japan Five million people were issued "rare weather warnings" in eastern Japan and 800,000 were advised to evacuate their homes as massive amounts of flooding tore up Joso city Japan. The Japanese Self-Defence force rescued ma...
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NEW YORK (TheStreet) -- Don't let the recent spate of volatility across the markets fool you: stocks are headed higher. "Longer term, I think the S&P 500 can get back to that 2,050 level and possibly even 2,100," said R...
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Dollar Tree, Inc. (DLTR) Downgraded To Underperform By Credit Suisse; Here's Why Dollar Tree, Inc. (NASDAQ:DLTR) stock traded 0.8% low in the pre-market today after Credit Suisse expressed earnings risks following the Family Dollar Stores, Inc.(NYSE:FDO) acquisition. The firm slashed the stock price ...
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What scientists say about Elon Musk's idea to nuke Mars Elon Musk might think it's a good idea to warm up Mars with thermonuclear weapons so humans can live on it, but scientists are raising red flags about the idea. The CEO of Hawthorne-based SpaceX talked Mars colonization,...
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Tesla Motors Inc Technical Analysis

Bidness etc. - 10 Sep 2015 19:02
Tesla Motors Inc Technical Analysis Tesla Motors Inc (NASDAQ:TSLA) stock has been fast to make a recovery after last month\'s downfall of over 10%. The US markets slipped due to concerns of global market selloff, following currency changes at overseas mark...
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NEW YORK (TheStreet) -- Shares of Apple were gaining 2.08% to $112.44 on Thursday, a day after the company introduced the new generation of iPhones, the iPad Pro, and the new Apple TV with Siri voice control and support ...
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NEW YORK/SAN JUAN
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8 Ways Baby Boomer’s Businesses May Fail In Near Future Some Baby Boomer biz owners have made judgement errors that will hurt their companies' chances of long-term survival. Here's why...
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There's a startlingly simple reason why Americans dress so casually, according to a historian It's common knowledge among everyone who pays attention to such things that Americans frequently dress super casually — and have for quite a while now. Whether it's Silicon Valley CEOs or college students on their way ...
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NEW YORK (TheStreet) -- Action Alerts PLUS holding Morgan Stanley  survived the 2008-2009 financial crisis. It got smaller, reined in its risk appetite and absorbed Smith Barney as it reshaped itself into a global weal...
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Former Uber driver was an employee, rules California department Uber has lost another legal round in the dispute over whether its drivers are independent contractors or employees, an issue that threatens the core of the ride-hailing company’s business model. The California Employme...
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Google Express Goes Head To Head With AmazonFresh With New Same-Day Grocery Delivery Service Google Express has launched a new grocery delivery service that will directly compete with the likes of AmazonFresh and Instacart.
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Stocks waver between gains and losses

L.A. Times - 10 Sep 2015 17:11
U.S. stocks are flitting between slight gains and losses in early trading Thursday as investors try to anticipate when and how quickly the Federal Reserve will raise interest rates. A government report on unemployment cl...
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(Reuters) - U.S. stocks were little changed at the open on Thursday amid fears of slowing global growth ahead of the U.S. Federal Reserve's interest rate meeting next week.
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1 In 7 U.S. Households Struggled To Afford Food Last Year: Report One in seven U.S. households struggled to afford food last year, according to a new report. Yet, many families in need didn’t take advantage of safety net programs that could help alleviate the issue. The number of foo...
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Standard and Poor's downgraded Brazil's credit rating to "junk" Wednesday, revoking the country's investment-grade rating awarded in 2008. The decision to downgrade Brazil's sovereign debt by one notch -- to BB-plus from...
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Do Businesspeople Make Good University Presidents?

The New Yorker - 10 Sep 2015 22:13
Last week, the Board of Regents for Iowa's higher-education system announced the hiring of J. Bruce Harreld, a business consultant who lives near Vail, as the new president of the University of Iowa. During its search, t...
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New York Global Group Chief Charged With Securities Fraud

Wall Street Journal - 10 Sep 2015 20:09
The founder and president of New York Global Group, Benjamin Wey, was arrested and charged with securities fraud Thursday.
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Browser benchmark battle September 2015: Chrome vs. Firefox vs. Edge The next browser battle is upon us. Google Chrome recently passed 1 billion users, Mozilla revealed big changes are coming to Firefox, and Windows 10 is out, which means it’s time to test Microsoft Edge. In July, we be...
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NEW YORK (TheStreet) -- GoPro  shares are jumping 1.34% to $34.10 on Thursday morning after Wall Street analysts said its future looks bright, and after the announcement that its app will be featured on Apple's new A...
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Brazilian Stocks Busted; Charts Show 30% Downside

The Street - 10 Sep 2015 16:45
NEW YORK (TheStreet) -- Market observers often note that upgrades and downgrades by rating agencies are lagging indicators. S&P just downgraded the debt of Brazil to junk status (Never thought I would use the words junk...
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