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Business News

Location American Business News for 29 January 2016

I'm an Angry Old White Guy. Here's Why.

The Huffington Post - 29 Jan 2016 19:34
I'm an Angry Old White Guy. Here's Why. I keep reading that people like me -- older white guys -- are angry about what is happening to their country. In recent years, their grievances have been voiced by Rush Limbaugh, Lou Dobbs, Bill O'Reilly and Glenn Beck. ...
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How Pronounced Is The Gender Pay Gap In Developed Nations? [Infographic] There is still a considerable disparity in what men and women earn across the developed world. Research by the OECD has shown just how pronounced the gender pay gap really is. Defined as the difference between male and...
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2 kids of the 'Tiger Mom' speak out 5 years after their mom's book caused a stir Stephen Lovekin/Getty Images What's it like to be raised by a "Tiger Mom"? It's something that Amy Chua's kids, 19-year-old Lulu Chua-Rubenfeld and her 23-year-old sister, Sophia, know intimately well.  The Chua-Rubenfe...
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Consumer and retail news: 10 things you need to know today

Business Insider - 29 Jan 2016 19:51
Consumer and retail news: 10 things you need to know today Hollis Johnson 1. Panera Bread redesigned restaurants to fix its 3 biggest problems The popular fast-casual cafe implemented the Panera 2.0 model in response to frequent complaints from customers about long wait times...
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A Global Brand That Changes Its Logo Every Year - Say What? The history of the advertising world is replete with re-branded disasters. From Pepsi to Tropicana to Gap, or is it GAP? — there is no shortage of examples of brands, very large, well-known with tons of brand-equity i...
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How to use Facebook's new Live Video feature on your iPhone Facebook now lets anyone with an iPhone in the U.S. stream live video directly to their news feed.  This direct competitor to apps like Periscope is pretty simple to use. Here's how to share your lunch and your life wit...
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What could be better than watching Warren Buffett in your living room on Sunday nights, doling out advice to Boy George?
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State officials say Nevada gambling revenue was up 1 percent in calendar year 2015 compared with 2014. …
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A newly-approved drug could drastically change the conversation about pharmaceutical pricing Thomson Reuters US regulators on Thursday approved a new once-daily pill for the liver-destroying hepatitis C virus made by Merck & Co Inc, which said it will sell the drug at a lower list price than its competitors. Th...
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Puerto Rico Plans Debt-Exchange Offer Friday

Wall Street Journal - 29 Jan 2016 08:07
Puerto Rico plans to propose a debt exchange to investors at a Friday meeting, offering to swap existing bonds for two new types of securities to help the U.S. commonwealth alleviate its debt burden.
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Starbucks is gambling on China, and it could backfire

Business Insider - 29 Jan 2016 08:04
Junko Kimura/Getty Images Over the past year, global markets have been weighed down by concerns about China's economic growth, which sank to a 25-year low in 2015. That decline darkened the outlook of many U.S. companies...
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I'm a Woman in Tech, But Even I Didn't 'Get It' Until This Week

The Huffington Post - 29 Jan 2016 22:45
I'm a Woman in Tech, But Even I Didn't 'Get It' Until This Week After 10 years as a business owner, I encountered a specific kind of sexism this week that I've actually never come across before. We were in the final stages of interviewing a dev candidate for a job at my startup, Edga...
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Intel promotes 8 executives, but its upper ranks aren't more diverse Intel announced eight executive promotions today, but seven of those are white and Asian men. The lone person who would qualify as a diverse candidate within that group is Christina Min, who was promoted to corporate vic...
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These Companies Are Working on a Zika Vaccine As the virus continues to spread
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FLINT, Mich. (AP) -- Michigan Gov. Rick Snyder says he wasn't aware that the state offered fresh bottled water for state employees in Flint starting in January 2015, although residents were told that tap water was safe t...
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Gene Wars: Targeted Mutations Will Spawn Unique Dangers, And Soon In 2012, scientists discovered a cheap and easy way of editing genes that determine the biological features of all living things, including humans.  The method is called Crispr-Cas9, and it exploits the defenses that b...
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WASHINGTON
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Department of Education puts firms using its logo 'on notice'
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Consumer confidence weakened a bit in January

Business Insider - 29 Jan 2016 19:00
Consumer confidence weakened a bit in January Consumers' outlook on the economy weakened slightly in January, according to the University of Michigan's monthly survey. The final consumer sentiment index was 92 for January. Economists had estimated a print of 93 f...
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How hedge fund traders shared inside information while playing 'Call Of Duty' "Call of Duty: Advanced Warfare" On Thursday evening, FBI special agent David Chaves gave a presentation on insider trading at an event hosted by the New York Hedge Fund Round Table at the Penn Club of New York. Since ...
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Stocks open higher despite sluggish economy

L.A. Times - 29 Jan 2016 18:49
Stocks open higher despite sluggish economy U.S. stocks opened higher Friday, despite signs of weak economic growth, on encouraging earnings news and higher energy prices. The government said Friday that growth in the U.S. economy slowed as consumers spent less, b...
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(Reuters) - Chevron Corp reported its first quarterly loss in more than 13 years on Friday as the oil producer struggled to cope with plunging crude prices that are eroding profitability across all its divisions.
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