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Business News

Location American Business News for 15 January 2016
One of NYC's hottest restaurants serves grasshopper guacamole, and it was surprisingly delicious At first glance, the Black Ant seems like your average Mexican restaurant. The restaurant's trendy decor reflects its location in New York City's East Village neighborhood. But a visit to the kitchen makes diners realize...
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Futures lower as Chinese stocks enter bear market U.S. stock futures pointed lower Friday, as Chinese stocks entered bear market territory after plunging 3.6%.          
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SOMERSET, N.J.
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The precious metal has traditionally been a safe haven for investors at times of market turmoil but it also thrives at times of inflation, which remains low Gold prices started 2016 with a glimmer, rising to two-month hi...
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Oaktree's Howard Marks Sounds Like a Buyer

Barron's - 15 Jan 2016 22:45
Oaktree's Howard Marks Sounds Like a Buyer A Warren Buffett favorite takes a "somewhat more aggressive stance" this year but with some trepidation.
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Bubble? Q4 slows down, but 2015 is huge year for venture capital investments, at $58.8B Venture capital investments hit a near-record high of $58.8 billion in the U.S. in 2015, according to the MoneyTree Report from PwC (the National Venture Capital Association), based on data from Thomson Reuters. That amo...
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Goldman Sachs Agrees $5bn Mis-selling Penalty

Sky News - 15 Jan 2016 10:47
Goldman Sachs Agrees $5bn Mis-selling Penalty The behaviour of banks ahead of the financial crisis is in focus again as Goldman becomes the latest to agree a huge settlement.
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Chipotle will close Feb. 8 for companywide meeting on food safety Following successive food poisoning outbreaks last year, Chipotle is closing its stores for a few hours next month to talk about food safety.Chris Arnold, the company's spokesman, said the meeting would happen Feb. 8 and...
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Ammon Bundy's bodyguard from the early days of the Malheur Wildlife Refuge standoff has been arrested for an outstanding warrant in Maricopa County, Arizona, according to a report from E and E Publishing.
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U.S. stocks are opening sharply lower, led by steep declines in energy companies as the price oil takes another tumble. …
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Stocks open sharply lower; oil trades at its lowest prices since 2003 Stocks on Wall Street opened sharply lower Friday, led by steep declines in energy companies as oil took another tumble. The price of oil sank below $30 a barrel and is trading at the lowest level since 2003. The sharp s...
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WASHINGTON
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Citigroup's said Friday that its profits jumped sharply in the fourth quarter, helped lower legal and regulatory costs that hammered the bank in the fourth quarter of 2014. …
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U.S. retail sales end 2015 with a whimper

Reuters - 15 Jan 2016 17:43
WASHINGTON
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Oil Below $30 Sets Stage for Further Declines, Analysts Say

The New York Times - 15 Jan 2016 17:41
Oil Below $30 Sets Stage for Further Declines, Analysts Say Contributing to angst in the commodities markets is the volatility in share indexes in China, and fears that the lifting of sanctions on Iran could add to the global oversupply.
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Why The Hermès Birkin Bag is a Better Investment Than Gold The expensive bag outpaced both the S&P 500 and the price of gold in the last 35 years
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BT £12.5bn EE Takeover Cleared By Regulator

Sky News - 15 Jan 2016 11:01
BT's £12.5bn takeover of mobile phone firm EE has been cleared following a six-month investigation by competition authorities.
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China shares hovered near bear-market territory in Friday morning trading, extending an early-year selloff.
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Business Insider Australia It looks like it’s going to be a lacklustre, and disappointing, end to the trading week in Asia. The end of the trading week in Asia is looking lacklustre. Pushing aside a strong rally on Wal...
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Here's how to get more done every single day, including those crucial but huge tasks like writing a book or shooting a video. Why conventional wisdom on productivity and to do lists will is dead wrong, and what works ins...
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The Supreme Court agrees to hear an appeal of a class action tactic in a case over XBox 360 consoles.
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'Minecraft' is one of Pornhub's fastest-growing search terms Think back to when you were a kid. You probably had a crush on a cartoon character. Well, today’s teenagers and college-aged kids have grown up with Minecraft … and they have some strong feelings about those blocks. ...
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