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Business News

Location American Business News for 27 January 2016
Apple iPhone Sales Flatline For The First Time [Infographic] Despite posting record quarterly revenues of $75.9 billion and record quarterly profits of $18.4 billion, investors are worried about Apple. The reason? Sales of its flagship device, the iPhone, have slowed down sharply,...
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Here's What PETA Wants to Do With 'Silence of the Lambs' Home PETA has a plan for the sinister home where Buffalo Bill skinned his victims in "Silence of the Lambs" -- turn it into an animal house.
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Consumer and retail news: 10 things you need to know today

Business Insider - 27 Jan 2016 19:36
Consumer and retail news: 10 things you need to know today Flickr/Karl Baron 1. KFC has unveiled a new look to compete with Chick-fil-A KFC is rolling out a new, fast-casual-inspired design that the brand began testing in 2014. Seventy percent of the brand’s 4,500 restauran...
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OPEC Members Defend Oil Output Strategy

Wall Street Journal - 27 Jan 2016 06:54
Some of OPEC's key players defended their strategy of keeping the taps wide open, saying Tuesday that they are bracing for low oil prices to continue--perhaps until the end of the decade, by one estimate.
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There's one area in hedge fund investing that's expecting a monster pay year SumZero, the online community for buyside professionals, has put out its annual compensation report for hedge funds.  Of the website's 12,000 members, approximately 3,500 shared their compensation details for the repor...
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Apple's giant cash pile isn't all cash and is stashed overseas.
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Flickr / Daniela Contrary to popular belief, you don't have to win the lottery, inherit a windfall, or even earn a Wall Street salary to retire early. Consider "Mr. Money Mustache," who averaged a $67,000 annual salary ...
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This Steve Jobs quote perfectly sums up the difference between billionaires and the rest of us Justin Sullivan / Getty Rich people think differently than the average person, and Apple co-founder Steve Jobs, who died with an estimated net worth of $10.2 billion, was no exception. In a Quora thread answering the que...
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The best college majors for your money

Business Insider - 27 Jan 2016 19:39
The best college majors for your money Flickr / UC Davis College of Engineering How much debt you hold, compared to how much money you earn, is called your debt-to-income ratio. Aside from being a factor lenders use in big decisions such as whether to give yo...
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A Microsoft executive was caught tweeting from an iPhone

Business Insider - 27 Jan 2016 07:31
A Microsoft executive was caught tweeting from an iPhone Screenshot It’s kinda tough to represent brand loyalty when you don’t practice it yourself. Especially when you’re the face of Microsoft’s Windows Phone and you’re caught tweeting with an iPhone. On Tuesday, ...
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President Reagan gave this remarkably wise speech the day of the Challenger disaster Wikimedia Commons When President Ronald Reagan heard about the Challenger explosion the morning of January 28, 1986, he was preparing to give the State of the Union address that very night. He postponed the speech for th...
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Recession Risk Looms Over Oil Refining Earnings This could set up an interesting valuation reversal, once the Call on American Shale starts rising again.
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Apple is truly the iPhone company right now. But that could change soon. The iPhone business accounts for a whopping 68% of Apple's total revenue, which should frighten Apple just a little bit. If something happens to t...
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Amazon is splashing out on its first-ever Super Bowl commercial (AMZN) Amazon is launching its first-ever Super Bowl ad during the big game this year. The e-commerce giant released a teaser video on Wednesday, starring actor Alec Baldwin and former Miami Dolphins quarterback Dan Marino. The...
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Top finance execs reveal how they invest their own money

Business Insider - 27 Jan 2016 18:46
Top finance execs reveal how they invest their own money Flickr / Mikael Miettinen CFO Insider is a weekly newsletter from Business Insider that delivers the top news and commentary for chief financial officers and other finance experts. Top finance executives reveal how they ...
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Stocks open lower, dragged down by Apple and energy firms Stocks are opening broadly lower as energy companies take another tumble and after Apple predicted its first sales decline in 13 years. Crude oil prices sank 1% to $31 a barrel in New York Wednesday, pulling big energy c...
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3 Ways to Find the Right Merchant Services Provider for Your Small Business If you're about to launch a new business, or already have one up and running, chances are good in this digital world that you will need to find a merchant services provider at some stage to enable you to accept credit ca...
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Mutual-Fund Fees Tumble Toward Zero

Wall Street Journal - 27 Jan 2016 06:41
Expenses charged to some investors have fallen sharply, boosting returns. But 'loss leader' mutual funds and ETFs also carry risks.
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Asian Shares Mixed, as China Extends Losses

Wall Street Journal - 27 Jan 2016 06:30
China shares dropped in early trading Wednesday, extending yesterday's plunge, as investors worried that Beijing is stepping back from supporting its stock markets.
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EBay Offers Disappointing Outlook On The Heels Of A No-Growth Quarter Even as more and more shoppers flock online, EBay's growth has stalled.
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Qualcomm's gives weak guidance fell as demand for its mobile device chips declined amid stiff competition from rivals.
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EBay reported no growth in revenue in the holiday quarter, during which it faced intense competition from bigger e-commerce rival Amazon.com.
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