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Business News

Location American Business News for 7 October 2015

Clinton says she'll offer plan for 'Wall Street abuses'

Business Insider - 7 Oct 2015 00:12
Clinton says she'll offer plan for 'Wall Street abuses' DAVENPORT, Iowa (AP) -- Democratic presidential candidate Hillary Rodham Clinton said Tuesday she'll offer a plan in the next week to deal with "Wall Street abuses." Campaigning in Iowa, Clinton said her proposal would "...
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Diesel Scandal Is Making Pretty Much Every Volkswagen Cheaper New, used, gas, diesel, whatever.
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Neil deGrasse Tyson explains how Batman can really beat Superman What will happen next year when The Man of Steel goes up against The Dark Knight? Astrophysicist and 'StarTalk Radio' host Neil deGrasse Tyson explains how Batman can compete against Superman. Produced by Darren Weaver a...
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Chinese Startups Near Merger to Form $15 Billion Company

Wall Street Journal - 7 Oct 2015 07:06
Meituan.com and Dianping are nearing a merger that would form a company with a combined value of more than $15 billion, creating the country's biggest online-to-offline provider of services ranging from movie tickets to ...
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Volkswagen Will Begin a Recall of Scandal-Hit Cars in January, Says Its CEO Matthias Müller says all cars should be fixed by the end of 2016
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One of the trendiest coffee chains in the US just got bought Portland coffee juggernaut and hipster favorite, Stumptown Coffee Roasters is being purchased by another West Coast coffee giant, Peet's Coffee & Tea, according to The New York Times. Stumptown owner and founder Duane S...
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Nearly 300,000 former truckers and their families would suffer significant losses under a proposal that uses a controversial new law to cut once sacrosanct pension benefits.The huge Central States Pension Fund, which adm...
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Women Network Differently Then Men And It Hinders Our Advancement LeanIn.Org and McKinsey & Company found in their major new study-- with almost 30,000 employees across 118 companies that women's odds of advancement are 15% lower than men's. One reason the study cites is that Women and...
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Shares in Lumber Liquidators Holdings Inc. (NYSE:LL) rocketed nearly 12 percent in after-hours trading Wednesday, after North America's largest seller of wood flooring settled with federal prosecutors over the importatio...
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How 'Halo' Redefined Story And Gameplay On Consoles (Part 5) Before Halo 5: Guardians launches, we take a look back at how Halo changed videos game forever.
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Blackstone: $39M settlement for fee practices

USA Today - 7 Oct 2015 21:22
Blackstone: $39M settlement for fee practices Agreement resolves charges the buyout firm failed to make adequate disclosure to investors          
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U.S. Oil Retreats on Inventory Data

Wall Street Journal - 7 Oct 2015 17:46
Oil prices slid Wednesday after weekly inventory data showed U.S. stockpiles of crude oil and petroleum products at a record high.
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6 Startup Exit Strategies for Investors

The Huffington Post - 7 Oct 2015 17:41
6 Startup Exit Strategies for Investors Photo credit: VictoriaGlobal.com Exit strategies take on different forms, but it is important that your startup should put one in place for your investors. While they are rooting and supporting your business, they are al...
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Shopping At Costco Instead Of The Supermarket May Wreck Your Diet It's not hard to find a snack during any shopping outing, no matter the kind of your store you're in. Places like CVS and even retailers like Old Navy have increasingly added packaged foods and beverages to shelves. Thes...
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Flash-storage company Pure Storage opened below its initial public offering price on Wednesday, signaling that a difficult summer for tech IPOs may be seeping into the fall.
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How to Prep Your Business for Its Big Opening

The Huffington Post - 7 Oct 2015 17:08
How to Prep Your Business for Its Big Opening You've put in the blood, sweat, and tears to prep your business, and now the big Opening Day is around the corner. Make sure you tackle each of these important to-dos before flinging open your doors to customers. 1. Acti...
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Security: Simulated Phishing Attacks Yield 37 Percent Return On Investment Phishing attacks cost an average large company nearly $4 million USD annually, according to new research from the Ponemon Institute. Telecom provider Verizon reported, in its 2015 Data Breach Report, that 23 percent of r...
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Why Warren Buffett Sold Munich Re

Forbes - 7 Oct 2015 17:05
Why Warren Buffett Sold Munich Re Warren Buffett (Trades, Portfolio)’s Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B), itself a dealer of reinsurance, reduced its shareholding of Munich Re (BIT:MUV2), the largest reinsurer in the world, last week after ...
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Bombardier And Airbus: This Does Not Look Good At All Bombardier's desperate attempt to bring Airbus in as a partner on its CSeries is a strong indicator that the company has no way to make the plane line a commercial success. The odds are high it will be cancelled.
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The Consumer Financial Protection Bureau is considering rules that would severely curtail a contentious practice called forced arbitration, which consumer advocates have long argued does a disservice to people who have d...
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Jean Liu, the president of China taxi-hailing app Didi Kuaidi who appears on the October cover of Forbes Asia, has been treated for breast cancer, the South China Morning Post reported on Sunday.
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Bank of China ordered to release counterfeiters' records

Business Insider - 7 Oct 2015 06:16
Bank of China ordered to release counterfeiters' records SHANGHAI (AP) -- A New York judge has ordered the Bank of China to hand over detailed information about Chinese bank accounts used by a counterfeiting ring that allegedly sold millions of dollars of fake Gucci handbags a...
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