Business News
New 'Star Wars' trailer on 'Monday Night Football,' online
Business Insider - 20 Oct 2015 05:16
LOS ANGELES (AP) -- The Giants/Eagles game took a backseat to "Monday Night Football's" main event -- the halftime premiere of a new "Star Wars: The Force Awakens" trailer. It also went online moments after. The 2:35 min...
Stocks edge lower in early trade; IBM weighs on Dow average
Business Insider - 20 Oct 2015 17:26
U.S. stocks drifted between small gains and losses in morning trading Tuesday as investors pored through some weak company earnings reports and the latest deal news. Health care stocks were among the biggest decliners. T...
Deutsche Bank Mistakenly Transferred $6B To American Hedge Fund Client's Account: Report
IBTimes - 20 Oct 2015 06:56
Germany's largest lender Deutsche Bank AG mistakenly sent $6 billion to an American hedge fund client in June, Financial Times reported Monday. The error, which was resolved in a day, brought the investment bank's operat...
Barclays Reaches $325M Settlement With National Credit Union Agency Over US Mortgage Claims
IBTimes - 20 Oct 2015 08:31
British bank Barclays PLC agreed to pay $325 million to resolve two lawsuits related to the sale of residential mortgage-backed securities (RMBS) to now-defunct credit unions in the United States. The bank said it contin...
Hotel Operators Ready to Rumble Over Upgrades
Wall Street Journal - 20 Oct 2015 20:37
Two of the world's biggest hotel operators, Hilton and Marriott, are about to compete for hotel owners who want to spend less money upgrading their properties.
Amazon says creating more than 100,000 jobs for holiday season
Reuters - 20 Oct 2015 07:14
(Reuters) - Amazon.com Inc said it is creating 100,000 seasonal jobs across its network of fulfillment and sortation centers in the United States to meet increased customer demand during the holiday season.
IRS Proposes Changes to Administrative Appeals For Tax Court Cases
Forbes - 20 Oct 2015 04:43
In 1987, the IRS issued Revenue Procedure 87-24, which set forth the administrative appeals process for cases filed at the Tax Court. Almost thirty years later, noting increased litigation volume and agency reorganizatio...
US government reveals 'damning' evidence in Libor scandal
New York Post - 20 Oct 2015 03:37
This "Libor bitch" could get leashed. The US government unveiled its most damning evidence so far against two ex-Rabobank traders in Manhattan federal court on Monday, including chats, e-mails and...
If You Want to Grow, You Need to Stop Selling
The Huffington Post - 20 Oct 2015 19:44
In the Business to Business setting, the traditional art of selling is dying. The old techniques are no longer effective. Yet, most continue down this path, presenting limited offers, specials and hot deals. The fact is,...
Twitter hires New York Times editor at large for its Moments channel
Venture Beat - 20 Oct 2015 17:45
One week after announcing major layoffs, Twitter is hiring New York Times editor at large Marcus Mabry to help develop editorial direction for its new Moments section. Could not be more excited to join the team at @twitt...
More than half of US states report job losses in September
Miami Herald - 20 Oct 2015 17:36
Most U.S. states reported jobs losses in September as slowing growth has weighed on hiring nationwide in the past two months. …
The Uber of Farm-to-Table: Meet Farmigo
inc - 20 Oct 2015 17:30
Founder Benzi Ronen says the company's minimal infrastructure and emphasis on community engagement makes it unique among food delivery startups.
Superman Of Stocks Paul Scolardi Wants To Help You Get Super Rich
Forbes - 20 Oct 2015 17:15
Though he’s often referred to as “The Superman of Stocks”, Paul Scolardi’s superpowers are all self-made. A veteran stock trader of 17 years, Scolardi is known for his preternatural ability to spot momentum befor...
China Delivers More Problems For Steel
Wall Street Journal - 20 Oct 2015 16:38
Tata Steel has announced closures and job losses in the U.K. The long-awaited revival in European steel remains a distant prospect.
How one Israeli investor overcomes fears and continues to invest in games
Venture Beat - 20 Oct 2015 16:35
The organizers of Casual Connect Tel Aviv paid my way to Israel. Our coverage remains objective. TEL AVIV, Israel — Investors are still afraid of investing in games because they don’t know how to pick hits. But one I...
Yum Brands plans to spin off China business
L.A. Times - 20 Oct 2015 16:22
The owner of KFC, Pizza Hut and Taco Bell plans to spin off its China business into a separate, publicly traded company. Shares of Yum Brands Inc. gained 4 percent in morning trading Tuesday. Yum Brands has had trouble w...
Stocks edge lower; IBM weighs down Dow
L.A. Times - 20 Oct 2015 16:17Google backs new wind farm in Kenya as its investment in clean energy tops $2B
Venture Beat - 20 Oct 2015 16:12
Google is expanding its investment in green energy through a new wind project in Kenya. In total, the company has invested $2 billion in clean energy initiatives. Today, the company pledged to purchase a stake in the Lak...
Apple Music sheds millions of users after free trial period
New York Post - 20 Oct 2015 16:04
Millions of early adopters who signed up for Apple Music dropped the service after the free trial period ended, the company revealed late Monday. Apple CEO Tim Cook said it...
Mixed earnings reports cool Dow's advance as stocks open lower
USA Today - 20 Oct 2015 15:44Insider Selling: Apple Inc (AAPL), Tesla Motors Inc (TSLA) and LinkedIn Corp (LNKD)
Bidness etc. - 20 Oct 2015 15:19
Bidness Etc talks about the recent insider selling at Apple Inc. (NASDAQ:AAPL), Tesla Motors Inc (NASDAQ:TSLA), and LinkedIn Corp (NYSE:LNKD ). The financial details of each sale are given below:
Brazil Pension Crisis Mounts as More Retire Earlier, Then Pass Benefits On
The New York Times - 20 Oct 2015 11:00
Some Brazilians manage to collect multiple pensions totaling well over $100,000 a year, and other loopholes like the "Viagra effect" wreak havoc on the system.