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Business News

Location American Business News for 27 September 2015

South Korea is the plastic surgery capital of the world

Business Insider - 27 Sep 2015 00:27
South Korea is the plastic surgery capital of the world Seoul, South Korea, is the global plastic surgery capital. The high-status neighborhood of Gangnam reportedly has 500 aesthetic centers alone.  Why the concentration? Because South Korea has the most plastic surgeries�...
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9 things you can do with the new iPhone 6S that you can't do with the iPhone 6 (AAPL) Apple's new iPhone 6S officially launched on Friday. Although it doesn't look very different than the iPhone 6, there are a few tips, tricks, and shortcuts you can only access if you have Apple's newest iPhone. Here's a ...
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U.S. Bonds Flash Warning Sign

Wall Street Journal - 27 Sep 2015 21:58
Yield spreads between corporate debt and Treasurys have been widening, a trend that in the past has foreshadowed economic problems.
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Meet Shah Rukh Khan the investor

livemint.com - 27 Sep 2015 21:13
Meet Shah Rukh Khan the investor The actor Shah Rukh Khan continues to be the financial force behind the businessman Shah Rukh Khan
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Mark Zuckerberg says that visiting an Indian temple at the urging of Steve Jobs helped him stick to Facebook's mission Mark Zuckerberg says that a trip to India at the urging of Steve Jobs played a crucial role in Facebook's development.  "Early on in our history when things weren't really going well — we had hit a tough patch and a...
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Flying in style: cost no bar

livemint.com - 27 Sep 2015 21:51
Flying in style: cost no bar On board Etihad's The Residence--the largest-ever civilian aeroplane which is a breathtaking private suite
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How do fund managers manage their own money?

livemint.com - 27 Sep 2015 21:12
How do fund managers manage their own money? Just the way they manage yours--by investing in equity and debt schemes, through the mutual fund route, and avoiding direct investment in equities
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CHARLESTON, W.Va. (AP) -- Former Massey Energy CEO Don Blankenship hits the courtroom for a criminal trial Thursday, facing charges that he conspired to break safety laws and lied to financial regulators about safety pra...
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We asked some of the smartest minds in fintech how Wall Street is going to change - this is what they said (GS, C, MS, WFC) The advent of technological change is reshaping Wall Street at a rapid rate. Business Insider surveyed a number of the brightest minds in financial technology, including chief information officers at industry giants, he...
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This month, the Justice Department's No. 2 official--she's known as Sally Quillian Yates now--tore up the criminal division's playbook for prosecuting corporate crime
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Volkswagen Scandal Aftermath: CEO Resigns, EPA To Road Test Cars And Lawyers Line Up Volkswagen has hired a new CEO, Martin Mueller, who will likely face a whole slew of lawsuits over the company's emissions cheating scandal.
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What Volkswagen - and all car makers - must do next

The Huffington Post - 27 Sep 2015 05:50
What Volkswagen - and all car makers - must do next Volkswagen's U.S emission standards scandal will test the company's previously successful co-determination model at a time when it is struggling to manage a well-publicised power struggle. The scandal also raises signifi...
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How can companies leverage technology for growth? The answer to this question requires leadership from the CIO (technology) and the CMO (growth). And it requires a productive relationship to maximize the potential. Howev...
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14 banks ranked by how much they 'get' bitcoin and the blockchain When bitcoin first emerged banks didn't want anything to do with it. But a few years down the line and pretty much all of them are looking at it. Although no British High Street banks currently accept bitcoin — Barclay...
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Former Google employee who is now CEO of her own startup shares 4 tips for landing a job right after college Landing a job as a recent college grad is no easy feat. The openings are hard to come by, the competition is fierce, and the requirements are often difficult to meet.   Liz Wessel, CEO and cofounder of WayUp, a site us...
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Dr. Dre earned $620 million last year, but this year Diddy, Jay Z, and Drake all surpassed him Forbes' Hip-Hop Cash Kings roundup is here. The annual list ranks hip-hop stars by earnings in a one-year period, and this year there are quite a few surprises. Last year, Dr. Dre made the most money in hip-hop after App...
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FMC to merge with Sebi on Monday

livemint.com - 27 Sep 2015 15:46
FMC to merge with Sebi on Monday This is the first major case of two regulators being merged, as against the relatively more frequent practice worldwide of creating new regulatory authorities
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Banks will pull the plug on energy companies (GS)

Business Insider - 27 Sep 2015 15:39
Banks will pull the plug on energy companies (GS) The banks that energy companies depend on for loans are pulling back from the sector. Oil prices plummeted in late 2014, and they have remained low. Energy companies often borrow money using their reserves as collateral....
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Billions needed to fix New York's aging water pipes

News Observer - 27 Sep 2015 06:01
The water main burst early on a Monday morning, cutting off water service to a high school and forcing administrators to cancel class. Once his team dug it up, Henry Rosado could tell the age of the cast-iron pipe with o...
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Hilton says its checking claims of hacking at hotels

Venture Beat - 27 Sep 2015 02:03
Hilton says its checking claims of hacking at hotels (Reuters) – Hilton Worldwide Holdings said on Saturday it was investigating claims that hackers had compromised registers in gift shops and restaurants at a large number of Hilton Hotel and franchise properties across ...
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Wal-Mart hasn't figured out how to sell a crucial product

Business Insider - 27 Sep 2015 01:56
Wal-Mart hasn't figured out how to sell a crucial product Wal-Mart needs to revamp its grocery business. Groceries are vital to the retailer's success, accounting for 56% of its sales. But Wal-Mart's grocery department has been plagued by negative customer reviews, according to...
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Promontory Financial tried buying its way out of trouble Turns out Wall Street's regulators don't like the taste of their own medicine. Promontory Financial Group, a prominent DC-based bank advisor led by former Comptroller of the Currency Eugene Ludwig,...
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