Business News
Japan Leads Asian Shares Lower
Wall Street Journal - 21 Dec 2015 03:52
Shares in Japan led Asian markets lower Monday, amid worries that the central bank will be reluctant to expand its easing program in the coming year.
Martin Shkreli Loses Second CEO Job
ABC News - 21 Dec 2015 17:52
Before his arrest on securities fraud, Shkreli led two pharmaceutical companies.
Get $10,000 Per Child In College Tax Credits, Thanks To New Tax Deal
Forbes - 21 Dec 2015 03:55
Set to expire in 2017, the new tax deal gives the $2,500 a year American Opportunity Tax Credit (AOTC) permanent life, meaning parents can offset their personal tax bill by up to $10,000 per eligible college kid over fou...
DEUTSCHE BANK: Here's why the US dollar will continue to rally
Business Insider - 21 Dec 2015 04:33
REUTERS/Guadalupe Pardo The bull market in the US dollar – something that began in the June quarter of 2011 – is likely to last for an additional two years and see the currency gain by a further 10% in trade weighted...
U.S. makes arrests over Venezuelan energy corruption scheme
Reuters - 21 Dec 2015 03:07
(Reuters) - Two men including an oil equipment supply firm executive have been arrested on charges related to an alleged scheme to corruptly secure energy contracts from Venezuela's state-owned energy company, the U.S. J...
Gold And Silver 2016 Fortunes Tied To Price Trend In Crude Oil
Forbes - 21 Dec 2015 17:07
Gold and silver prices fell to multi-year lows in December. Not coincidentally, so did Nymex crude oil futures.
General Electric expects to announce headquarters decision in January
Reuters - 21 Dec 2015 04:14
(Reuters) - General Electric Co expects to announce a decision next month about whether it will move its headquarters out of Connecticut, a spokesman said on Sunday.
10 Issues That Will Shape The World In 2016
Fast Company - 21 Dec 2015 16:00
These are the stories that will dominate the news in the year to come. The end of 2015 leaves many of the year's most significant issues still very much in flux, including the reform of U.S. gun control laws, the fates o...
Gold Won't Take Gold in Metals Race
Wall Street Journal - 21 Dec 2015 00:53
Which metal has the most mettle? While they are all looking awfully brittle these days, the surprising answer, for now, is gold.
Why Crowdsourcing Has Ruined the Art of Innovation
inc - 21 Dec 2015 17:30
Forget everything you know about crowdsourced innovation.
A Plan to Rank 'Just' Companies Aims to Close the Wealth Gap
The New York Times - 21 Dec 2015 02:47
The hedge fund billionaire Paul Tudor Jones II is working with the self-help star Deepak Chopra to rate how companies treat workers, society and the environment.
Pep Boys calls Icahn takeover bid "superior"
USA Today - 21 Dec 2015 17:30
The automotive service and retail chain plans to terminate rival deal with Bridgestone
US Stocks Rise Moderately in Light Trading
ABC News - 21 Dec 2015 17:08
US stocks rise moderately in light trading; oil stocks fall as oil prices drop
These 8 Dow Components Are In Bear Market Territory
Forbes - 21 Dec 2015 16:56
The Dow is not yet in correction territory but these stocks are in bear market territory--more than 20% below their multiyear or all-time highs.
The real reason Apple makes its products in China
New York Post - 21 Dec 2015 16:43
"It's skill," Apple CEO Tim Cook said in response to a question on "60 Minutes" Sunday from Charlie Rose as to why the company's products are made in China. Rose clearly wasn't buying it. "They have more skills than Amer...
Indonesia, Already Squeezed, Braces for Higher Interest Rates
The New York Times - 21 Dec 2015 12:00
As in many emerging economies, companies in Indonesia gorged on cheap debt to fund expansion. Now they face higher interest rates on top of a plummeting rupiah and a commodity slump.
Asian stocks edge up in thin trade, oil hits fresh low
Reuters - 21 Dec 2015 05:27
SYDNEY/SINGAPORE
Behind Frank Quattrone's Comeback in the New Tech Era
Wall Street Journal - 21 Dec 2015 04:31
The famed deal-maker is again in high demand, but controversy lingers from his dot-com days.
Toys 'R' Us CEO banking big on 'Star Wars' success
New York Post - 21 Dec 2015 03:00
New Toys "R" Us CEO David Brandon may have more riding on "Star Wars: The Force Awakens" than anyone outside the film industry. If Brandon can turn around the financial fortunes of the deep-in-debt toy chain, hit certain...
Initial Rate Hikes Seldom Prove Toxic To Stocks
Forbes - 21 Dec 2015 23:45
The market went through an adjustment period, with average returns falling from 14 percent before the rate hike to 2.6 percent 250 days afterward. By 500 days, returns returned to their pre-hike average of around 14 perc...
Why Every Entrepreneur Should Bootstrap At Least Once
Forbes - 21 Dec 2015 23:44
“Starting a company is like eating glass and staring into the abyss. If you feel like you are up for that, then start a company.” Elon Musk
A Practical Guide To Determining Your Perfect Marketing Budget
Forbes - 21 Dec 2015 23:30
If someone were to ask you, “What part of your business makes you the most money?” you might be tempted to respond “My sales team,” or “My product designers,” or even “Me.” However, what you should say wi...