Business News
Whole Foods cutting 1,500 jobs
USA Today - 28 Sep 2015 17:50
The grocery chain is cutting 1.6% of its workforce
GE to move engine plant to Canada as U.S. trade bank languishes
Reuters - 28 Sep 2015 16:23
WASHINGTON
Silicon Valley Lawyer, Gary Reback, Takes Antitrust Fight to Europe
The New York Times - 28 Sep 2015 02:14
Gary Reback, who persuaded the federal government to bring a case against Microsoft in the 1990s, is now pursuing a case against Google.
Asian Shares Mostly Down; Singapore Enters Bear Market
Wall Street Journal - 28 Sep 2015 07:02
Japanese shares led Asian markets lower Monday, as investors reconsidered the prospects for further monetary easing, while stocks elsewhere mostly fell as evidence of China's slowdown continues to build.
Michel Platini's Explanation Of $2M Payment From FIFA Should Leave Us All Incredulous
Forbes - 28 Sep 2015 02:05
Platini has to either convince everyone that he was (a) naively patient for nine years as he awaited payment or (b) an innocent ?victim? duped into accepting nearly $2M!
Why the VW scandal happened, and why it will happen again
MoneyWeek - 28 Sep 2015 12:12
There are two very simple reasons why things go wrong in some of the world's biggest listed companies, says Merryn Somerset Webb. The post Why the VW scandal happened, and why it will happen again was first published on ...
How Some Investors Get Special Access to Companies
Wall Street Journal - 28 Sep 2015 06:22
In meetings with top executives, facts and body language flow from public companies to handpicked recipients.
Billionaire Carl Icahn attacks 'entitled' 1-percent in video
New York Post - 28 Sep 2015 04:38
Billionaire shareholder activist Carl Icahn is now the latest to attack the 1 percent. "I'm saying the wealthy, the elitists, are a little oblivious to the problems" facing the country,...
15 Tips We Can Learn as Entrepreneurs from Shark Tank
inc - 28 Sep 2015 16:50
Like the rest of the country, many entrepreneurs have latched onto Shark Tank. The tips shared by some of business's most successful investors can be invaluable to an entrepreneur launching a startup, seeking funding for...
Investors Pull Back From Junk Bonds
Wall Street Journal - 28 Sep 2015 06:23
A decline in investors' appetite for high-yield bonds poses a threat to the merger boom.
Now with 2.5M advertisers, Facebook targets TV budgets with new ad-buying offering
Venture Beat - 28 Sep 2015 03:30
Facebook is gearing up to release four updates designed to give brands better tools and create what it hopes will be a great ad experience for viewers. Among these changes include mobile polling, supporting videos in the...
U.S. Commerce Chief Heading to Cuba for Talks
The New York Times - 28 Sep 2015 23:35
Commerce Secretary Penny Pritzker will conduct the first high-level negotiations since the White House announced normalizing relations with Cuba.
Ever been punished for leaving a negative review? The FTC is on your side.
Washington Post - 28 Sep 2015 18:23
If you've ever left a negative review of a company online, you might be pleased to hear that federal regulators have your back.In a lawsuit filed Monday, the Federal Trade Commission accused a Florida-based firm not only...
US Stocks Drop in Early Trading on China Growth Worries
ABC News - 28 Sep 2015 17:27
US stocks drop in early trading amid ongoing worries about the outlook for growth in China
A Successful VC and Founder Says Intuition Is Everything
Forbes - 28 Sep 2015 16:29
Successful Spanish VC and founder Iñaki Arrola says intuition is everything. Arrola has had a few successes founding automotive startups, including coches.com, a classifieds site responsible for changing the car market ...
These VCs Bet $100 Million On Ideas With A Liberal Arts Twist
Forbes - 28 Sep 2015 16:24
Most venture capitalists like to back people with deep software engineering backgrounds. At Xfund, Patrick Chung prefers founders with a liberal arts twist.
Rarely enforced SEC rules may give green light to earnings manipulation
Market Watch - 28 Sep 2015 17:52
The enforcement of rules meant to reclaim compensation paid executives whose companies had to restate financial results has been virtually nonexistent.
VW's Financing Costs Rise
Wall Street Journal - 28 Sep 2015 03:50
VW faces higher financing costs and a strain on its ability to offer loans to boost sales amid an unfolding emissions scandal, which is rippling through all aspects of the auto maker's business.
Crunchtime for Global Tax-Avoidance Push
Wall Street Journal - 28 Sep 2015 01:43
Nearly 50 governments are set to agree this fall to a new set of rules to clamp down on tax avoidance among multinational corporations. Their chance of success, however, is unclear.
Just months after giving Jared Allen $11.5 million, the Bears traded him away for almost nothing
Business Insider - 28 Sep 2015 23:59
The Chicago Bears have traded star defensive player Jared Allen to the Carolina Panthers just one season after signing him to a $32 million contract and just months after giving him an $11.5 million bonus. Jay Glazer of...
Your old Facebook posts might be exposing your phone number
Business Insider - 28 Sep 2015 23:59
Usually, if you get a text message or call from an unsaved number, you have two choices: 1. Hope that you can Google the number and figure out who it was that way, which almost never works. 2. Swallow your pride and admi...
Durant back, Oklahoma City Thunder set sights on NBA title
Business Insider - 28 Sep 2015 23:59
OKLAHOMA CITY (AP) -- Kevin Durant couldn't help himself. While recovering from surgery on his broken right foot, the Oklahoma City Thunder star put himself through the agony of watching Golden State win the NBA title. T...