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Business News

Location American Business News for 12 October 2015

INFOGRAPHIC: El Chapo Guzman's prison escape tunnel

Business Insider - 12 Oct 2015 13:54
INFOGRAPHIC: El Chapo Guzman's prison escape tunnel As leader of the world's most powerful drug cartel, infamous Mexican kingpin Joaquin "El Chapo" Guzmán is a master of tunnels. Nearly 13 weeks ago, Guzmán used an elaborate tunnel underneath his prison cell's private s...
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The E.U. May Recall Loans It Made to the Scandal-Hit Volkswagen Of the $5.2 billion in loans it has given the company since 1990, $2 billion are still outstanding
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The average rent of a newly let home in the UK has increased by 3.6% year on year to £941 per month, according to the latest rental market index. The gap between the places where people can afford to rent and where they...
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Debt spat thorny issue for Argentine presidential candidates BUENOS AIRES, Argentina (AP) -- Like a dark cloud, the bitter fight between Argentina and a group of holdout creditors in the U.S. has hung over South America's second largest economy for years, preventing the country fr...
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PETA plans protest against Urban Outfitters' furs

New York Post - 12 Oct 2015 01:51
PETA plans protest against Urban Outfitters' furs Fur will be flying. People for the Ethical Treatment of Animals is hopping mad at hipster retailer Urban Outfitters for selling sweaters, hats and dresses made from angora rabbit fur....
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Americans are expected to spend $6.9 billion on Halloween this year A Batman bib-and-booties costume for $14.99 caught the eye of Joanna Robles as she searched for something for her months-old son to wear while she holds him as she hands out candy on Halloween. "His dad is really obsesse...
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Kinder Morgan Inc (KMI) Dividend Guidance Questioned By Citi Research: Here's Why Faisel Khan, an analyst at Citi Research, has expressed concern over Kinder Morgan Inc. (NYSE:KMI) maintaining its dividend coverage ratio of 1.1x. Kinder Morgan has always maintained its dividends. In its most recent gu...
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Apple iPhone 6s It seems like no smartphone can steer clear of criticism. But the likes of Apple Inc. (NASDAQ:AAPL) and Samsung Electronics Co. Ltd. (OTCMKTS:SSNLF) have had to take it straight up. For the second year, the iPhone has un...
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The 11 Nasty Habits of a Boss from Hell

inc - 12 Oct 2015 18:25
The 11 Nasty Habits of a Boss from Hell If you've ever worked for someone that made your life a living hell, it's likely they had one (or all) of these bad habits.
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Meet the Ferrari heir who is about to become a billionaire

Business Insider - 12 Oct 2015 17:26
Meet the Ferrari heir who is about to become a billionaire This month, Fiat Chrysler will spin off its most valuable asset – legendary Italian supercar maker Ferrari – in an IPO that values the company at nearly $10 billion. One of the biggest beneficiaries of the deal will...
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Anheuser-Busch InBev Increases Offer for Rival SABMIller

The New York Times - 12 Oct 2015 17:21
Anheuser-Busch InBev Increases Offer for Rival SABMIller The latest approach came as Anheuser-Busch InBev is facing a Wednesday deadline to make a formal offer for SABMiller.
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The 20 Habits of Eventual Millionaires

The Huffington Post - 12 Oct 2015 17:19
The 20 Habits of Eventual Millionaires This is the wrong question. It's upside down. This is a tacky question. This is sort of a rude question. Actually, the question was a bit worse. It was "I'm in my 20s - can someone in their 40s tell me what I need to do ...
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The Secret Real Estate Portfolio Of Mark Zuckerberg Tech titan Mark Zuckerberg is currently the 16th richest person in the world with a net worth of $38.6 billion.  And as one of five co-founders of the social networking website Facebook, Zuckerberg is currently the chai...
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Face-To-Face Is Still Best For Networking And Dealmaking, So What's Your Conference Strategy For 2016? Last month I wrote about the DreamForce Conference in San Francisco and suggested it could be one of the conferences of the year. I recommended that attendees should bring their A-game and get ready for some serious netw...
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After cataloguing the ways in which the oil industry boom has taken advantage of polite North Dakotans, John Oliver announced on Sunday's "Last Week Tonight" that he had bought a billboard in North Dakota urging the stat...
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Lilly Shares Could Reach $105

Barron's - 12 Oct 2015 15:59
Lilly Shares Could Reach $105 The pharma giant has outperformed the S&P 500 and peers, and will likely continue doing so.
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Dell to acquire EMC for $67B in largest technology deal ever Dell, along with MSD Partners and Silver Lake, will acquire data storage company EMC Corporation (EMC) for $67 billion or about $33.15 a share - in cash and stock. The transaction is the largest tech deal ever, trumping ...
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Meet the world's deadliest female sniper who terrorized Hitler's Nazi army In early 1941, Lyudmila Pavlichenko was studying history at Kiev University, but within a year, she had become one of the best snipers of all time, credited with 309 confirmed kills, 36 of which were German snipers. Pav...
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5 Easy-to-Use Apps That Turn Your Employees Into a Team Need the people who work for you to work effectively together? These tools make it almost painless.
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Economists still expect rate hike before end of 2015

News Observer - 12 Oct 2015 06:02
A survey of business economists finds that a majority still expect the Federal Reserve to raise interest rates before the end of the year, with the broader economy expected to grow at a slightly faster pace in 2015 than ...
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Jersey City Proposes Legislation to Legalize Airbnb

The New York Times - 12 Oct 2015 04:46
Jersey City Proposes Legislation to Legalize Airbnb Mayor Steven M. Fulop anticipates a 6 percent hospitality tax would generate between $600,000 and $1 million annually on the more than 300 Airbnb listings in the city.
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(Reuters) - EMC Corp, the data storage company that is preparing to unveil an agreement to be acquired by personal computer maker Dell Inc [DI.UL] as early as Monday, is also planning to seek out other suitors, according...
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