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Business News

Location American Business News for 18 February 2016

Implus a growing Durham NC business

News Observer - 18 Feb 2016 19:23
Implus, a Durham, NC based footwear and outdoor accessories business has grown quickly after acquiring three companies in recent months and having been acquired itself by a Boston private equity firm last year. The compa...
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LA hospital pays $17,000 in hack attack ransom

New York Post - 18 Feb 2016 06:51
LA hospital pays $17,000 in hack attack ransom A Los Angeles hospital has paid an anonymous hacker $17,000 to free itself from a cyberattack that had crippled its computer system. The payment, made in bitcoin, an untraceable cryptocurrency, resulted in the hacker han...
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Exxon's Never-Ending Big Dig

The Huffington Post - 18 Feb 2016 16:46
Exxon's Never-Ending Big Dig Flooding the Earth With Fossil Fuels Cross-posted with TomDispatch.com Here’s the story so far. We have the chief legal representatives of the eighth and 16th largest economies on Earth (California and New York) probin...
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Why the Fed will decide to raise interest rates

New York Post - 18 Feb 2016 04:33
Why the Fed will decide to raise interest rates Heads up, investors, here comes another monkey wrench. By now, just about everyone agrees that the economy is in trouble. The financial markets have already reacted to the thought that we might be headed into another rec...
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Watch Pope Francis take down Donald Trump: 'This man is not a Christian' Pope Francis was very blunt when talking to the media about Donald Trump's faith. Produced by Jacqui Frank Follow BI Video: On Twitter
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19 of America's most surreal travel destinations

Business Insider - 18 Feb 2016 19:08
Shutterstock/Dancestrokes America is home to some of the world's most unique sites.  From massive underground caves to rainbow-clad natural formations, the country is teeming with breathtaking spots that leave traveler...
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(Reuters) - International Business Machines Corp said on Thursday it plans to acquire Truven Health Analytics, a provider of healthcare data and analytics, for $2.6 billion, marking its fourth major health data-related d...
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This inflation data is the closest we've seen to good news from China for a while Chinese consumer price inflation (CPI) accelerated sharply in January, providing tentative evidence that disinflationary forces may be ebbing for the moment. According to China’s National Bureau of Statistics, CPI rose...
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Digital Journal As announced yesterday, Indian smartphone company Ringing Bells today launched the Freedom 251 for just $5. However, demonstrators sent out to the media look nothing like the phone on the firm's website, ...
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Pope Francis tells reporters that Donald Trump's stance on immigration is "not Christian" in comments that immediately provoke a furor.
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Viola Davis found Jared Leto's most horrifying gift on the 'Suicide Squad' set inspiring Warner Bros. There have been many stories about the strange gifts Jared Leto sent to his “Suicide Squad” castmates, but Viola Davis’ recollection she gave to Vanity Fair may top them all.  The Emmy winner, who wil...
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Brene Brown's powerful and inspiring advice on how to lead a better life just might make you happier and more successful.
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Current and former Amazon.com employees have voiced complaints about the company's workplace environment.
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Finally: You're going to be able to buy a cable box that doesn't suck Flickr/mr_t_in_dc The Federal Communications Commission voted today to unlock the cable box market. The details will be worked out in the coming months. But basically this means you'll no longer have to rent a box dire...
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Report: NC startup funding doubled in 2015

News Observer - 18 Feb 2016 17:50
CED released annual investment data Thursday Leader of nonprofit calls 2015 a banner year 'by every single measure' 43 percent of funding came from sources other than venture capital …
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A clash Thursday between Japan's central-bank chief and lawmakers highlighted the downside of negative interest rates: They are making the Japanese public feel negative.
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The Protecting Americans from Tax Hikes (PATH) Act of 2015, which was signed into law on December 18, 2015, affected several Tax Court procedural matters. A recent IRS Chief Counsel Notice addresses some of those changes...
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Why I Won't Give Free Advice And Why You Shouldn't Either Recently I took the time to finally reply to a long stash of emails I had filed away for a rainy day. The reality is, however, that rainy day will never come because it costs me too much to check out of my business - no ...
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Indonesia's central bank cut its benchmark interest rate Thursday for the second time this year to help economic growth. …
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Jana Nabs $57 Million And AOL's Tim Armstrong To Bring Free Internet To China The second largest mobile ad platform in India behind Google isn't Facebook: It's precocious startup Jana, which has a plan to offer free Internet across the developing world. Now it's raised $57 million from Verizon Ven...
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Wal-Mart's Stock Tumbles On Sliding Quarterly Revenue, Trimmed Outlook Wal-Mart's stock was tumbling on Thursday after the retail giant trimmed its full-year revenue forecast.
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Asian Shares Rise, Buoyed by Gains in U.S. Stocks

Wall Street Journal - 18 Feb 2016 04:57
Markets in Asia rose Thursday as worries about the global financial system and the U.S.'s ability to withstand turmoil overseas abated somewhat.
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