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Business News

Location American Business News for 8 January 2016
An ISIS member reportedly executed his own mother after she was accused of apostasy Activists say a member of ISIS executed his own mother in front of hundreds of people in Syria after she was accused of being an apostate, or someone who renounces the terrorist group's brand of Islam. The militant, whom...
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South Korea to North Korea: KIM JONG UN'S WIFE CARRIES A REALLY EXPENSIVE PURSE! Reuters/KCNA KCNA On Thursday, South Korea told North Korea's supreme leader, Kim Jong Un, it would troll him on his birthday in response to his latest nuclear test. On Friday, Kim Jong Un's 33rd birthday, South Korea f...
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Another $100M: Powerball prize jumps to $800M

USA Today - 8 Jan 2016 19:54
Another $100M: Powerball prize jumps to $800M Frenzied buy-ins for the USA's largest lottery prize ever raised the Powerball jackpot Friday to $800 million, officials said.          
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Chinese stocks volatile a day after abrupt sell-off

Miami Herald - 8 Jan 2016 08:03
Chinese stocks were volatile Friday and other Asian markets rebounded a day after a sharp sell-off in China rattled global markets. …
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Claims in Porter Ranch gas leak could cost utility billions of dollars With ailing residents, displaced neighborhoods and a potential decline in property values, the leak at Southern California Gas Co.'s Aliso Canyon storage facility could cost the utility billions of dollars, some legal ex...
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German Stock Market Hurt More Than Most by China's Swoon

Wall Street Journal - 8 Jan 2016 06:23
As turmoil in Chinese markets batters stock prices around the world, Germany has been taking a bigger beating than most.
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I’m a CEO and I’m also an introvert. Don’t get me wrong - I enjoy social events, the occasional public speaking opportunity or media exposure – but in general I’m much happier to have a quiet evening at home wi...
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Two days ago the story of lifetime Laker?s fan, Jesse Sandler, loosing his Stubhub tickets to Kobe Bryant?s last home game went viral. Stubhub, the popular ticket resell website, has jumped into major damage control mode...
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First Take: Jobs report could signal next step toward market stability In a year starved for good news, the employment picture remains a bright spot in a gloomy world of stock selloffs and and economic slowdown fears.          
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Saudi Aramco confirms it may sell shares in IPO Saudi Aramco confirms that it has been studying various options to allow broad public participation in its equity through the listing in the capital markets of an appropriate percentage of the Company's shares and/or the...
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How to Build Resilience in Times of Change

The Huffington Post - 8 Jan 2016 16:21
How to Build Resilience in Times of Change Change happens to all of us in various forms. Sometimes, change is a result of choices we make, and other times it comes our way unexpectedly. The truth is, we live in a world of constant change, regardless whether you w...
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Why 'Larking' About Like Branson Could Be The Key To Business Success The early bird catches the worm...
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China's topsy-turvy week--marked by plummeting stocks, trading halts and a whipsawing yuan--blindsided traders in Hong Kong and spread a New Year chill across markets world-wide.
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To IRS, 'Willful' Means Penalties Or Jail

Forbes - 8 Jan 2016 15:46
To IRS, 'Willful' Means Penalties Or Jail Simple tax mistake or willful misconduct? Criminal tax evasion or civil tax fraud cases can turn on subtle differences, so be careful.
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Family Dollar CEO exits after Dollar Tree deal

USA Today - 8 Jan 2016 15:29
Family Dollar CEO exits after Dollar Tree deal The FTC approved Dollar Tree's $9.2 billion acquisition of Family Dollar last summer.          
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Adtran's AT&T and CenturyLink Opportunity

Barron's - 8 Jan 2016 15:10
Adtran's AT&T and CenturyLink Opportunity The equipment provider could do better in 2016 as the number and scale of new projects surge and execution improves.
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WASHINGTON
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Economic View: When Teamwork Doesn't Work for Women

The New York Times - 8 Jan 2016 17:58
Economic View: When Teamwork Doesn't Work for Women A study finds that female economists get far less credit for collaborative work than their male colleagues do, often harming their career prospects.
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Alcoa is closing the largest aluminum smelter in the US

Business Insider - 8 Jan 2016 13:36
Alcoa is closing the largest aluminum smelter in the US Thomson Reuters NEW YORK
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DETROIT/ SEOUL
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Crude-oil futures prices made a mild turnaround in early Asia trade Friday but the market remains on edge as fears of more volatility in the Chinese economy are keeping traders cautious.
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China’s decision last night to suspend a circuit breaker mechanism that has been linked to a week of chaos in its stock markets (see related story here) isn’t likely to reverse a decline in its domestic A-share price...
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