Business News
This California Resort Lets Lexus Cars Be The Tour Guide
Forbes - 20 Nov 2015 18:05
Parked in front of Terranea, a sprawling oceanside resort along Los Angeles’ Palos Verdes peninsula that is so grand it looks like it belongs in the south of France, is a fleet of Lexus cars waiting for guests to tak...
San Francisco Sues American Express Over Merchant Restraints
Wall Street Journal - 20 Nov 2015 06:57
The city of San Francisco has sued American Express for anticompetitive and alleged illegal merchant restraints. The company lost a federal antitrust case earlier this year.
CEO accused of fraud asks US to save him from Colombian jail
New York Post - 20 Nov 2015 06:05
It's not every day an alleged Wall Street scammer begs for a court date with Preet Bharara. But that's exactly what Kaleil Isaza Tuzman, the star of the 2001 documentary "Startup.com" is doing after he got a little taste...
China built a mall that looks exactly like the Pentagon
Business Insider - 20 Nov 2015 19:39
Amateur aerial footage provides a spectacular view of a shopping center in Shanghai that looks exactly like a deluxe-sized version of the US Pentagon. Produced by Lamar Salter Follow BI Video: On Facebook Join the co...
How GlaxoSmithKline Can Revive Its Share Price
Wall Street Journal - 20 Nov 2015 18:43
GlaxoSmithKline has made its strategic pitch to investors and showcased its pipeline. It still hasn't overcome skepticism that it can deliver the goods.
Warren Buffett's grandson is trying to create the Berkshire Hathaway of sustainable investments (BRK.A, BRK.B)
Business Insider - 20 Nov 2015 15:23
Warren Buffett's grandson is trying to create the Berkshire Hathaway of sustainable investments. In a New York Times profile published Friday, Howard Buffett outlined his plans for i(x) Investments, his new investment ...
17 highly successful executives explain how they balance work and life
Business Insider - 20 Nov 2015 15:19
We live in a 24/7 culture that's always on. With the ability to stay connected around the clock, the lines between work and home have blurred. While some employees are still searching for a work-life balance, a younger g...
China's Central Bank Picks New Target, but Old Problems Remain
Wall Street Journal - 20 Nov 2015 08:03
The People's Bank of China is laying the groundwork for a new policy target, a welcome move, even if it won't have much short-term effect.
Banana Republic is bringing down Gap Inc.
New York Post - 20 Nov 2015 06:55
Banana Republic is slip-sliding away. The upscale clothing chain was the worst performer in Gap Inc.'s stable in the third quarter, posting a same-store sales decline of 12 percent on Thursday. Sales at Gap stores declin...
Square shares soar 45% in market debut; Match's IPO goes well too
L.A. Times - 20 Nov 2015 04:0915 random stats about how to market to millennials
Venture Beat - 20 Nov 2015 01:35
There’s no shortage of research about how to market to millennials. As brands work to understand how to market to the demo, as many research firms and other companies are publishing insights. Being service-oriented, I ...
The 10 Best New Company Names of the Year
inc - 20 Nov 2015 20:05
First impressions are key, and these companies have captured our interest in just a word or two.
Gains in retail stocks send market higher in early trade
L.A. Times - 20 Nov 2015 16:47
Big gains by retailers are lifting the stock market in early trading. Ross Stores led the way higher early Friday, gaining 9 percent after reporting results that were far better than analysts were expecting. Nike jumped ...
IBM launches Identity Mixer, a cryptographic tool for developers to help curb online identity theft
Venture Beat - 20 Nov 2015 16:04
Way back in January, IBM unveiled a new cryptographic tool called Identity Mixer, designed to protect your digital data from hackers. Today, the computing giant is opening the technology to developers for the first time ...
Hyundai recalls nearly 305K cars for brake light problem
News Observer - 20 Nov 2015 15:53
Hyundai is recalling nearly 305,000 Sonata midsize cars because the brake lights can stay on when the driver isn't stopping. …
The Wall Street Journal: Aetna says individual commercial business on track
Market Watch - 20 Nov 2015 15:44
Aetna says its individual commercial business performed as expected through October, a day after UniteHealth Group lowered its profit outlook and said it was considering exiting the Affordable Care Act's exchanges.
Europe Markets: European stocks waver, but set for best weekly gain in a month
Market Watch - 20 Nov 2015 15:10
Shares in the region rise, after a week of tough sessions for travel shares in the wake of the Paris attacks, and as the euro falls alongside a speech by ECB chief Mario Draghi
What Businesses Need to Know About Sustainable Development Goals
Harvard Business Review - 20 Nov 2015 15:05
The UN’s new agenda focuses on the private sector.
Abercrombie & Fitch quarterly profit more than doubles, shares jump
Reuters - 20 Nov 2015 15:04
(Reuters) - Abercrombie & Fitch Co's third-quarter same-store sales fell less than expected and its profit more than doubled as the teen apparel retailer boost gross margin by offering fewer promotions and controlling co...
VW to Pull Back on New Projects Amid Costly Emissions Scandal
The New York Times - 20 Nov 2015 15:00
The scaling back is a decline of more than $1 billion from last year and the first time since the financial crisis that Volkswagen has not increased investment.
Zite will shut down on December 7, asks users to migrate data to Flipboard
Venture Beat - 20 Nov 2015 05:00
If you’re a user of the personal news magazine Zite, you’re going to want to pay attention. The app is being shuttered and all data should be migrated over to Flipboard before December 7. The move should not be a sur...
Recent Linkups By China-Israel VCs And Tech Startups Spell More Opportunity Than Risk
Forbes - 20 Nov 2015 04:46
Israel and China are exploring a new silk route together from Tel Aviv to Beijing that boost startups, VCs and tech in both places.