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Business News

Location American Business News for 21 January 2016
10 Dumb Social Media Mistakes That Small Business Owners Make Without a smart strategy, committing human and financial resources to a social media campaign could cost you big, draining resources and generating negative ROI.
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A study on the cleanliness of hotel rooms had some pretty surprising results While you might think a five-star hotel would have the cleanest rooms, that's not necessarily the case.  Trip calculator site Travelmath recently teamed up with air-quality experts EmLab P&K to analyze 36 different sam...
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E*Trade Partners With TipRanks: Clients Can Now Track Performance of Pundits' Recommendations With all the excitement surrounding robo-advisors and automated investing advice, it's easy to forget that there are people out there who still prefer to manage their own investments. It's a sizable group, too. Accordi...
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15 Surprising Things Productive People Do Differently I recently interviewed over 200 ultra-productive people including 7 billionaires, 13 Olympians, 20 straight-A students and over 200 successful entrepreneurs. I asked a simple, open-ended question, ?What is your number on...
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Markets No Longer Expect March Fed Rate Hike; Supportive For Gold The market majority no longer expects another hike in U.S. interest rates in March by the U.S. Federal Open Market Committee, which analysts say is supportive for gold prices.
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United Airlines boosts 4Q profit to $823 million on cheaper fuel but misses expectations
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Super Bowl Ads Provide a Great Way for Advertisers to Waste $6 Million CBS is selling a 30-second spot during the 2016 Super Bowl for $5 million -- 11% higher than NBC charged for half a minute during the 2015 Super Bowl. How is the network able to charge so much? Reach a large audience. Au...
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Walmart To Hike Its Minimum Wage To $10, Raise Pay For 1.2 Million Employees More than 1 million U.S. workers will be getting a raise next month when Walmart hikes its pay scale for store employees. The raises are part of a series of increases the retailer announced last year that will get all bu...
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OIL SPIKES: Here's what you need to know (SPY, DJI, IXIC, OIL, VDE, BNO, GRUB, EUR, USD, RUB) REUTERS/Essam Al-Sudani Stocks extended Wednesday's comeback after the sharp sell-off, and rallied through much of the trading day to close well in the green. At its strongest point during today's session, the Dow was ...
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Wall Street pay takes a hit, braces for deeper cuts Wall Street pay was down in 2015 -- a trend that could worsen this year.          
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Why Recruiting Gen X Is More Important Than You Think They're already in your office. Odds are your company could use more of them. But odds also are that you haven't put much time into thinking about how they benefit your organization. You should. They're Gen Xers, and the...
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Airbnb To U.S. Mayors: Want $2 Billion?

Fast Company - 22 Jan 2016 01:00
Airbnb To U.S. Mayors: Want $2 Billion? Airbnb argues that cities are missing out by not working with the startup to collect hotel, tourist, and occupancy taxes. Airbnb wants U.S. mayors to know that their cities could profit from the home-rental business. Rea...
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Draghi hints at further ECB action

BBC - 21 Jan 2016 19:54
Draghi hints at further ECB action The European Central Bank president says eurozone rates will remain low for an extended period of time and promises "no limits" to action to reflate eurozone.
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Global Stocks Sink on Fresh Growth Fears

Wall Street Journal - 21 Jan 2016 07:02
The Dow Jones Industrial Average pared losses to drop 249 points, while shares in Japan and the U.K. entered bear markets.
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Star Wars Toys Brought in $700 Million in 2015 Disney released the toys before the film hit theaters
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IRS Wipes Another Hard Drive Defying Court Order...But You Must Keep Tax Records IRS is deleting emails again in violation of a court order. Meanwhile, you have to keep your records or face IRS wrath. What gives?
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Beyond Economy, China's Social Dynamics Are Changing While I currently feel a lot of panic in the air over China’s economic health, I think we forget that over a relatively short period of time, no other country has ever achieved as much economic growth as has China.
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7 Numbers That Put This Market Madness In Perspective These figures will help determine if a bear is really lurking.
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Stock markets bounce after sell-off

BBC - 21 Jan 2016 19:42
Stock markets in Europe and the US rise, a day after billions were wiped off the value of shares amid global market turmoil.
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Barclays culls investment banking jobs

BBC - 21 Jan 2016 19:35
Barclays is to cut about 1,200 jobs, most of them in its investment banking business in Asia.
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Markets' Panic Incongruent With Economic Reality---For Now

Wall Street Journal - 21 Jan 2016 07:04
Financial markets are in a panic over a sharp economic downturn that has yet to make an appearance--and may never, writes Greg Ip.
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Most Asian Shares Gain, but China Slips

Wall Street Journal - 21 Jan 2016 06:58
Most Asian shares gained modestly Thursday, arresting a plunge in global markets overnight, though China's markets slipped.
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