Business News
7 incredible things 'Back to the Future Part II' got right about 2015
Business Insider - 30 Dec 2015 00:40
Great Scott! October 21, 2015, is the futuristic day to which Marty McFly traveled in the 1989 film "Back to the Future Part II." While hoverboards and self-lacing shoes have yet to become a reality, there are a number o...
Movie ticket sales jump 48% in China, but Hollywood has reason to worry
L.A. Times - 30 Dec 2015 06:26Oregon bakery pays $144,000 in damages over lesbian wedding cake case
Business Insider - 30 Dec 2015 05:21
Wikimedia Commons The owners of a Portland-area bakery who refused on religious grounds to bake a wedding cake for a lesbian couple have paid about $144,000 in damages despite their ongoing appeal of the discrimination c...
Three Themes That Will Define Successful Sales in 2016
inc - 30 Dec 2015 18:30
The ELEVATE conference foreshadows a year of strategic social tactics, smarter process, and a re-humanization of sales
SeaWorld suing California over ban on orca breeding
Miami Herald - 30 Dec 2015 06:14
SeaWorld filed a lawsuit Tuesday challenging a California commission's ruling that bans the company from breeding captive killer whales at its San Diego park. …
Spotify Hit With $150 Million Copyright Infringement Lawsuit
Time - 30 Dec 2015 03:45
The suit alleges that Spotify failed to secure and pay for the rights of a large number of songs it streams to users
Puerto Rico Debt Crisis Closes In on Jan. 1 Deadline
The New York Times - 30 Dec 2015 03:19
Exactly which payments the island will have to skip remained unclear, but the United States Treasury secretary said the island was already effectively in default.
27 backpacks that'll make your commute a lot easier in 2016
Business Insider - 30 Dec 2015 23:00
Lots of commuters are trading in their messenger bags and briefcases for backpacks, and it's not just because they look cool: These vessels are by far the easiest means for transporting your stuff from point A to point B...
This glove lets you feel objects underwater without touching them
Business Insider - 30 Dec 2015 18:58
YouTube/ aisencc Japanese researchers created a glove that will allow you to feel objects underwater without actually touching them. Called the IrukaTact, the glove was inspired by the dolphin echolocation, which is ref...
It's Time To Revisit That Not-So-Crazy 'Destiny 2' Leak
Forbes - 30 Dec 2015 17:59
This past July, a random redditor posted a lengthy “leak” about Destiny 2 and the future of the game that seemed so ludicrous, I dismissed it out of hand. The account that posted the info was almost completely inacti...
Pep Boys agrees to be bought by Icahn for $1 billion
Miami Herald - 30 Dec 2015 17:54
Pep Boys will be acquired by Carl Icahn for $1 billion, ending a weeks-long bidding war with the Japanese tire company Bridgestone. …
From diggers to data centres
The Economist - 30 Dec 2015 17:49
THERE have been three great waves of corporate investment in the past two decades. First came the dotcom splurge of 1997-2001, when cash was poured into building mobile-phone networks and the internet's backbone. Then th...
U.K. Outdid U.S. When It Came to This Year's Deals and IPOs
The Street - 30 Dec 2015 17:15
Bigger is better these days when it comes to initial public offerings and mergers and acquisitions in the United Kingdom. This year will be remembered for mega-listings and mega-deals, according to Jasper Lawler, market ...
Wall Street opens lower as crude retreats
Reuters - 30 Dec 2015 16:35
(Reuters) - U.S. stocks opened slightly lower on Wednesday as crude oil gave up Tuesday's gains after forecasts indicated cold weather in Europe and the United States would be short-lived.
Average returns almost never happen in the markets
Business Insider - 30 Dec 2015 16:23
It's something you'll hear in your entry level courses in finance or investing: On average, stocks return about 10% per year and bonds return about 5%. Unfortunately, in any given year, average almost never happens. Just...
Apple and Alphabet Could Dominate Internet of Things Space in 2016
The Street - 30 Dec 2015 15:45
The Internet of Things space is crowded and growing, but companies like Apple and Alphabet could stand out in 2016, especially in the "connected home" market. "It's a crowded marketplace," said Shahid Ahmed, emerging tec...
Palantir and Investors Spar Over How to Cash In
Wall Street Journal - 30 Dec 2015 06:06
Data-mining firm Palantir has no interest in an IPO, but some employees and even co-founders are trying to sell shares anyway.
States' Pension Woes Split Democrats and Union Allies
Wall Street Journal - 30 Dec 2015 05:58
Left-leaning politicians are increasingly supporting revamps of retirement benefits despite opposition from labor officials.
The Wall Street Journal: Trade may benefit from Japan, South Korea 'comfort women' agreement
Market Watch - 30 Dec 2015 05:22
The resolution of the dispute between Japan and South Korea over wartime sex slaves removes one impediment to trade and investment between the two countries.
Asia Markets: Asian stocks, led by Australia, mostly gain as oil prices rebound
Market Watch - 30 Dec 2015 05:21
Markets in Asia rose Wednesday as a recovery in oil prices lifted energy shares.