Sign In
to Comment, Vote &
Create Storyboards.
 

Business News

Location American Business News for 27 Feb 2016

Review: Eero drasticallyEero is one hell of a fancy router. At almost $500 for a three-pack (and $200 a pop), Eero's router system is pricey. But the Eero ships with big promises: “No more buffering,” “No... more dead zones," and "Wi-Fi that actually works." Could it be true? If you buy just one Eero, you'll get “the best router […]
Read More
7
views
0
likes
Bank's new compliance chiefRitu Singh, Santander Bank's interim head of compliance, didn't take the usual path to her power position. Before getting the job earlier this year, the 47-year-old banker was disbarred for... "misappropriating client funds" and headed up the legal department for a company that pushed "male enhancement" pills, The Post has learned. And for a banking...
Read More
7
views
0
likes
Volkswagen Has Until March ToVolkswagen needs to hurry with a definitive answer on whether it found a fix to the emissions issue which stirred a global scandal and numerous lawsuits. A U.S. judge set March 24 as the deadline for... the fix update.
Read More
3
views
0
likes
How AQR's Liquid AlternativeCliff Asness' approach has helped make AQR's liquid-alt mutual funds among the best in the business.
Read More
3
views
0
likes

Antonin Scalia's Death Just Cost This Company $835 Million

The Huffington Post - 27 Feb 2016 03:13
Antonin Scalia's Death JustDow Chemical Co., one of America's largest chemical manufacturers, agreed on Friday to settle a price-fixing lawsuit for $835 million in the wake of Justice Antonin Scalia's death. The company had... challenged a $1 billion judgment in a high-stakes, class-action case. But without Scalia, it appears the new reality at the high court was too big a gamble for the company to continue with the litigation. "Growing political uncertainties due to recent events within the Supreme Court and increased likelihood for unfavorable outcomes for business involved in class action suits have changed Dow’s risk assessment of the situation," the company said in a statement. Dow said a case the Supreme Court heard last year but hasn't yet decided, Tyson Foods v. Bouaphakeo, was the reason its...
Read More
3
views
0
likes
Apple Shareholders Reject PlanApple said the policy would be restrictive and unnecessary
Read More
2
views
0
likes
American Apparel employeesAmerican Apparel may have emerged from bankruptcy this month, but it's still facing the same labor strife that has dogged it for nearly two years. On Friday, hundreds of sewing workers at two of its... Los Angeles factories staged a stoppage to protest a work rule that has resulted in lower pay, people familiar with...
Read More
2
views
0
likes
Oil And Gasoline Prices: WillHow much longer will crude oil and gasoline prices remain low? What factors are keeping prices down?
Read More
2
views
0
likes

Yahoo may cede board seats to activist hedge fund

New York Post - 27 Feb 2016 05:05
Yahoo may cede board seats toAt Yahoo!, the bargaining for board seats is about to begin. The embattled Web portal's board of directors is close to deciding to offer at least two seats to activist hedge fund Starboard Value as it... looks to avert a looming proxy battle, The Post has learned. The offer, if made, could be seen as...
Read More
2
views
0
likes
Buffett’s famed annual letter is due to be released this weekend.  With that, today we want to talk a bit about his record, his philosophy on markets and successful investing and the high... conviction stocks that he has in his $130 billion plus Berkshire Hathaway stock portfolio.
Read More
2
views
0
likes
Shaan Patel With a perfect SAT score, Shaan Patel thought he'd be able to get into one of his dream schools in the Ivy League. Unfortunately, that didn't happen, but Patel's fine with it. Instead,... he's been able to build a thriving SAT-prep startup that got him on ABC's "Shark Tank" and let him strike a deal with Mark Cuban. "My goal is to become Mark Cuban’s most successful 'Shark Tank' investment," Patel told Business Insider. From growing up at his parents' budget motel to getting a perfect SAT and running his own startup, Patel likes to joke that he's "every Indian stereotype rolled into one." But his story serves as a great reminder that hard work eventually pays off — and an appearance on "Shark Tank" can really make your business fly. "The 'Shark Tank'...
Read More
1
view
0
likes

20 stunning photos of daily life in Tibet

Business Insider - 27 Feb 2016 20:00
20 stunning photos of dailySee story here. NOW WATCH: A group of tourists nearly skied into an incredibly rare snow leopard in India
Read More
1
view
0
likes
Warren Buffett Just AttackedIn his letter to shareholders
Read More
1
view
0
likes
Oscar Academy Sues Over RacyCompanies give free 'gifts' to celebs, but are they gifts? Not really, they are promotional, and their value is income reported on a Form 1099--even the racy items in this year's expensive bag worth... $230,000!
Read More
1
view
0
likes
G-20, Rejecting Major PolicyThe finance ministers from the world's 20 largest economies wrapped up a day and a half of meetings with a message that the markets worry too much.
Read More
1
view
0
likes
Berkshire Hathaway's net worth rose $15.4 billion in 2015, Chairman and CEO Warren Buffett says in his annual letter to investors.
Read More
1
view
0
likes
FIFA Bets $600 Million On NewNothing against the new leader of FIFA, but the better response to all the corruption would have been to break up the organization.
Read More
1
view
0
likes

The 10 biggest European tech stories this week

Venture Beat - 27 Feb 2016 08:26
The 10 biggest European techHappy Friday! Here's an overview of the 10 biggest European tech news items this week from Tech.eu: 1) Done deal, one of the larger exits in European tech history: Activision Blizzard closes $5.9... billion acquisition of King, makers of Candy Crush 2) Two exits in Israel, over $1.3 billion in combined value: Mellanox paid $811 […]
Read More
1
view
0
likes
New Ralph Lauren CEO shakes upStefan Larsson, the new chief executive at Ralph Lauren Corp., was expected to fashion a new business plan for the struggling apparel designer by May. But the apparel veteran appears to be tipping his... hand early. Within the last two weeks, Larsson has eliminated a senior position at the global fashion house and, The Post...
Read More
1
view
0
likes

Higher Target for J.C. Penney

Barron's - 27 Feb 2016 07:03
Giant retailer Target produced impressive results last week in an environment in which investors are worried about retailing and the pokey U.S. economy.
Read More
1
view
0
likes

Citigroup Receives Subpoena in FIFA Probe

Wall Street Journal - 27 Feb 2016 05:18
Citigroup is the first major U.S. bank to disclose a link to probes involving alleged corruption involving soccer's governing body.
Read More
1
view
0
likes
How Synchrony Financial IsWith a 15-year history in India, General Electric spinoff Synchrony Financial is working on their rebranding and building strategy there after setting out on their own - one of the ways is through... offering opportunities to the local young, and female, workforce, says EVP and CIO Carol Juel.
Read More
1
view
0
likes
The University of California, Berkeley says a hacker broke into a computer system holding financial data of 80,000 students, alumni, current and former employees. …
Read More
1
view
0
likes

This is why you can never get anything done at work

Business Insider - 27 Feb 2016 03:38
This is why you can never getThe Office More than half of Americans spend less than 25 percent of their time in the office on important, deadline-oriented assignments, according to a new study from the virtual assistant service... Time Etc. The survey found that 43 percent of Americans spend up to half their day scheduling calls and meetings, and 57 percent spend up to half their day attending meetings and on calls. More than a quarter of those surveyed said that working on small tasks makes it difficult to complete their long-term goals. The deluge of meetings, emails and scheduling prevents workers from actually getting doing their jobs and ultimately affects their work-life balance. Nearly 60 percent of those surveyed said they stay at work beyond their scheduled hours. More than half of those who work longer days...
Read More
1
view
0
likes
Fed's Transparency May GiveA paper by a group of economists argues that the Federal Reserve's efforts to speak more clearly about its plans for monetary policy set up markets for disappointments.
Read More
1
view
0
likes