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Business News

Location American Business News for 2 February 2016
High drug prices have been big news lately. Some of this has been due to straight out price gouging by the likes of Martin Shkreli, everyone's favorite young punk hedge fund tycoon and potential convict. However the more...
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UBS Profit Bolstered by Tax Benefits

Wall Street Journal - 2 Feb 2016 11:11
UBS said fourth-quarter net profit rose from a year earlier, helped by a tax benefit, which countered pressure on the Swiss bank's flagship wealth-management unit.
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The Top Leadership Challenges For 2016

Forbes - 2 Feb 2016 17:05
The Top Leadership Challenges For 2016 Are you ready for these top five leadership challenges?
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Oil Falls Back to $30 and BP Leads Europe Lower

The Huffington Post - 2 Feb 2016 16:32
Oil Falls Back to $30 and BP Leads Europe Lower Ted Cruz won Iowa.   That is the scariest thing I have to say this morning.  The Koch-powered Conservative is the GOP's leading Climate denier and, if he becomes President of the United States, you can pretty much guar...
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Larry Busacca/Getty In 2010, a company's returns exceeded the combined profits of Google, eBay, Yahoo, and Amazon. It wasn't a tech giant; it was Bridgewater, a hedge fund that has been recognized for making more money f...
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7 Ways to Keep Employees Motivated Besides Money Often, the major motivating factor for better performance is higher pay; but almost everyone responds positively to praise and recognition.
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MARK CUBAN: Donald Trump has embraced, 'Keep it simple, stupid' Fox News/screenshot Dallas Mavericks owner Mark Cuban on Monday discussed the 2016 Republican presidential race and the success of front-runner Donald Trump. During a Fox News interview the day of the Iowa caucuses, anch...
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12 Things You Need to Throw a Killer Super Bowl Party Make your party a raging success this Sunday with this gear. Just don't forget the cheese trays.
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Do Ivy League graduates make more money? It depends on what they major in.
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Futures slump as oil prices fall further

Reuters - 2 Feb 2016 14:25
(Reuters) - U.S. stock index futures were lower on Tuesday after oil prices resumed their downward spiral, hit by worries about weak demand and rising supply.
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The oil crash hacked Exxon's profits in half last year (XOM) Thomson Reuters Exxon Mobil Corp on Tuesday reported a 58 percent drop in quarterly profit as low oil prices hurt results at the world's largest publicly traded oil company. The Irving, Texas-based company reported that ...
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Here are the full results of the Iowa caucuses

Business Insider - 2 Feb 2016 12:44
Here are the full results of the Iowa caucuses REUTERS/Brian C. Frank Sen. Ted Cruz of Texas and former Secretary of State Hillary Clinton have won the 2016 Republican and Democratic Iowa caucuses — though Clinton's victory was extremely narrow. The first voting in...
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Is Market's Oil Fixation a Buy Signal for Stocks? The usually high correlation between stocks and oil prices may be creating mispriced shares.
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Check out Tuesday's newsletter!
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How to Get Skeptics to Believe in Your Crazy Business Idea Hint: Your pitch shouldn't start with 'why.'
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Yahoo to lay off 15% of its workforce as part of 'aggressive strategic plan' Yahoo (YHOO) announced plans today to implement an “aggressive strategic plan” in an effort to simplify itself as the company’s long-awaited turnaround fails to materialize. As part of that effort, it will be layin...
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Yahoo also posted quarterly results in line with analysts' expectations, reporting adjusted earnings of 13 cents per share.
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Salesforce unveils Field Service Lightning, a new cloud service launching in Q2 2016 Enterprise software company Salesforce today announced several updates for its product portfolio, including the launch of a new service called Field Service Lightning and the planned delivery of the Lightning redesign fo...
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Steady Eddie Stocks For Turbulent Times

Forbes - 2 Feb 2016 23:01
These companies have proven they can do well in good times and bad and are still selling at reasonable prices.
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A Chinese court sentenced 10 employees of the OSI Group, which supplies McDonald's and Yum Brands in China, to prison and fined the company over claims that it reused returned food products to avoid losses.
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Barbie sales strong for toymaker Mattel

New York Post - 2 Feb 2016 05:03
Barbie sales strong for toymaker Mattel Barbie, 57 years young, appears as robust as ever -- and that's before the curvy, petite and tall versions were unveiled. Mattel said Monday global sales of Barbie dolls ticked up 1 percent in the fourth quarter -- or 8 ...
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Chipotle posted quarterly results that were mixed, but shares fell amid news that the company is now the subject of broader criminal investigation.
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