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Business News

Location American Business News for 16 Feb 2016

Meghan Trainor Wins Best NewMeghan Trainor just nabbed the Grammy award for Best New Artist, the only category in which she was nominated this year--and it was perhaps the least-surprising big category win at tonight's ceremony.
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Amy Cuddy: How Leaders Can BeI spoke to Amy Cuddy, a Professor and Researcher at Harvard Business School, about the importance of presence when it comes to leadership, the first steps to developing an executive presence, the best... way to handle negotiating a promotion, why you shouldn't fake it till you make it, and her best pieces of career advice. At HBS, Cuddy studies how nonverbal behavior and snap judgments affect people. Her research has been published in top academic journals and covered by NPR, New York Times, Wired, Fast Company, and more. Cuddy has been named a Game Changer by Time, one of 50 Women Who Are Changing the World by Business Insider, and a Young Global Leader by the World Economic Forum. Her 2012 TED Talk is the second most-viewed talk in TED's history with 31 million views.
Watch the world's fastest gunMetal Storm The highest rate of fire for a machine gun in service is the M134 Minigun. The weapon was designed in the late 1960s for helicopters and armored vehicles. It fires 7.62 mm calibre rounds... at a blistering rate of 6,000 rounds per minute, or 100 rounds per second — about ten times that of an ordinary machine gun, according to the Guinness World Records. Related: This video vividly shows that the A-10 is all about the BBRRRRTT! The Metal Storm gun, on the other hand, makes the M134 look like a toy. The prototype gun system was rated at 16,000 rounds per second or 1,000,000 rounds per minute. The gun system was developed by an Australian weapons company by the same name. In 2007, Metal Storm Inc. started delivering its gun systems to the US Navy for surface...

GSK Pharma plans Rs 500-cr expansion of its Nashik unit

Business Standard - 16 Feb 2016 14:55
This investment is in addition to Rs 1,000 crore investment for a greenfield plant in Bengluru announced last year
LIVE: Here are all the winnersMike Coppola/Getty Images The 58th Grammy Awards are taking place in Los Angeles, and we're updating the winners list live.  Rapper Kendrick Lamar leads with the most nominations of the night... (11) and is followed by Taylor Swift and The Weeknd, each with seven.  All three have already won Grammys during the Premiere Ceremony, which occurs before the live-awards show airs. The winners (in bold) from tonight's live telecast will be updated below:   Best Rap Album"2014 Forest Hills Drive" — J. Cole"Compton" — Dr. Dre"If Youre Reading This Its Too Late" — Drake"To Pimp A Butterfly" — Kendrick Lamar — WINNER"The Pinkprint" — Nicki Minaj Best Country Album"Montevallo" — Sam Hunt"Pain Killer"...
A Viral Story Links The ZikaA group of doctors in Argentina calling themselves the "Physicians in Crop-Sprayed Towns" have issued an explosive report that denies global scientific consensus on the Zika virus outbreak... and its apparent link to an uptick in cases of the birth defect microcephaly in Brazil. The doctors allege that instead of the mild mosquito-borne Zika virus, the increase in microcephaly cases is caused by a larvicide that contains the chemical pyriproxyfen. This larvicide is employed in mosquito control efforts against the Aedes Aegypti mosquito, the type that can carry Zika, including using it to kill eggs in public water supplies.  Since its release on Feb. 3, the doctor's 6-page report has spread like wildfire across the Internet, first cropping up in news sites run by...

Russia and 3 OPEC Members Agree to Freeze Oil Output

The New York Times - 16 Feb 2016 15:40
Russia and 3 OPEC MembersThe country, along with Qatar, Saudi Arabia and Venezuela, announced a plan to hold production steady, a move intended to help bolster energy prices.

Warning Light Flashes for the Commercial Property Boom

Wall Street Journal - 16 Feb 2016 12:30
The financial engine of the market for office buildings, hotels and malls is showing signs of strain, raising questions about the resilience of the commercial real-estate boom.
Volkswagen's Former CEO 'KnewLeak from internal probe puts top boss under fresh scrutiny
Yellow metal drifts further away from a one-year high it achieved last week; posts a three-day loss of more than 4%
Fox News anchor Megyn KellyPaul Morigi / Getty Images Megyn Kelly knows a thing or two about haters. As a Fox News anchor who has moderated several Republican primary debates, she's gone head-to-head with quite a few.... "In my business, everyone is a critic," Kelly writes for Time's new advice website, Motto. "You cannot succeed if you are not willing to accept that not everyone will like you. (If everyone does, you're probably pretty boring.)" But while she says it's important to keep an occasional eye on what smart people you respect have to say, and that sometimes critics offer valuable lessons, its damaging to wallow in the negativity.  "The more you let negative people get in your head, the more they succeed in cowing you," she writes. Kelly says it's better to take the...
A high school football starJohn Castello, a high school senior in Pennsylvania, was offered 6 different football scholarships. But after seeing "Concussion," a movie that exposed a deadly brain disease found in football... players, he decided to quit the sport.  Story and editing by Jeremy Dreyfuss Follow INSIDER on Facebook Follow INSIDER on YouTube
Tech acquisitions soar toTechnology mergers and acquisitions reached an all-time high in 2015 with $313 billion in deals announced, up 82 percent compared to the $171.6 billion announced in 2014. The volume of deals shows... that the forces of consolidation were powerful during the year, but it also demonstrates that tech has become so critical that the need to own it […]
Pay-to-Play Scandal Has CraftAn influential New England craft beer wholesaler has been suspended for three months on allegations that it paid bars to carry its products; Owners of client breweries like Sierra Nevada and Yuengling... could end up paying the very steep price.
An Alabama tractor companyReuters HAVANA
George Soros has made a bigAP Images George Soros' family-office hedge fund, Soros Fund Management, initiated a new position in Synchrony Financial during the fourth quarter, the fund's latest regulatory filing shows. At the... end of the fourth quarter, the fund held 7,127,865 shares, a position valued at more than $216.7 million, the 13F filing shows. Synchrony, a consumer financial-services company, is now Soros' second-largest equity position. The company, once GE's retail-finance arm, was spun out of the industrial giant in 2014. It priced its IPO at $23 per share and hit a high of $36.40 before dropping through the second half of 2015. The stock closed up $0.77 — 3.04% — on Tuesday to end at $26.14 per share. Soros has retired from the day-to-day operations of his fund, and is now focused on his...
5 Oddly Helpful Benefits ofLife lessons to take away from the hardship of unemployment

HSBC To Begin Rebranding UK Branch Network

Sky News - 16 Feb 2016 16:49
HSBC To Begin Rebranding UKHSBC will begin the rebranding of its UK branch network this month, well ahead of the new ring-fencing regime, Sky News learns.

Five Pointers For Hiring Your Next Boss

Forbes - 16 Feb 2016 16:30
Five Pointers For Hiring YourWhen changing jobs, we too often focus on selling ourselves at the expensive of our own "hiring" process - hiring our next boss. Since we quit bosses, not companies, it stands to reason that we should... put as much intensity into picking one as we do into selling ourselves to one.
How The Parts Add Up: JKGLooking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price,... and computed the weighted average implied analyst target price for the ETF itself. For the iShares Morningstar Mid-Cap ETF (AMEX: JKG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $156.65 per unit.
Russia and Saudi Arabia AgreeGetting other major oil suppliers to go along with that plan could be tricky
'Costcoholics' Costco's $113.7A good friend of mine was talking about Costco recently, raving on and on about how she couldn’t resist shopping there at least two to three times a week. She said sometimes she doesn’t... even plan on buying anything. She just loves wandering around in the enormous, two-football-field-sized warehouse, hunting for what’s new (Costco turns over its entire inventory 12 times per year). She is also obsessed by what the big designer or luxury “surprise” of the week might be; stuff like Waterford Crystal, Coach handbags or Omega watches, to name a few, all selling out quickly for shock-and-awe low prices. And even though she may have shopped with no intention of purchasing, she says she always finds something that seduces her to buy. So as she is telling me about her...
Russia Temporarily Saves StockRussian oil stocks get a lift on OPEC deal, but move expected to be short lived as Iran and Iraq unlikely to follow Russia's lead.
Above all else, focus is key in the earliest stages of your startup.
When Should Your StartupDue diligence is always a good idea, especially in the early stages of a startup.