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Business News

Location American Business News for 5 March 2016

Trump's Three Friends in Finance

Wall Street Journal - 5 Mar 2016 19:14
Among the most surprising of Donald Trump's supporters are two financiers who once teamed up against him in a legal battle. A real-estate investor also endorsed him.
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Volkswagen exec: It will take months to reach an emissions deal with US regulators REUTERS/Yuya Shino BERLIN
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The guessing game behind the monthly jobs report

New York Post - 5 Mar 2016 04:19
The guessing game behind the monthly jobs report The monthly employment report is always funny -- but not in a ha, ha, ha sort of way. It's peculiar/funny. It's stupid/funny. It's "aren't the 'experts' embarrassed yet about how wrong they usually are"/funny. The Labor ...
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A Global Value Investor Steps Back Into the Fray Moerus Capital's Amit Wadhwaney, formerly of Third Avenue International Value, is ready to launch a hedge fund and a mutual fund.
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China's leadership tried to quell anxiety about its slowing economy following financial turmoil and rising labor unrest as it cut its growth target Saturday and promised to open oil and telecoms industries to private com...
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Changing Indian Tastes Test Colgate-Palmolive

Barron's - 5 Mar 2016 07:59
Indians' renewed interest in ancient ayurveda ingredients poses a challenge for the western-based companies.
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A top-performing hedge fund manager used a quote from the Wall Street movie 'Margin Call' to explain why it is so scary out there Reuters/ Daniel Munoz London-based hedge fund manager Russell Clark, an investment manager and partner at $2.75 billion Horseman Capital Management, says he is more uncertain about the direction of the market than at an...
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Toronto Stock Exchange hires Bitcoin entrepreneur to study the blockchain The Toronto Stock Exchange has hired a Bitcoin entrepreneur as its first chief digital officer as it explores the capabilities of blockchain, the technology behind the virtual currency, a senior executive at TSX parent T...
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Semiconductor maker Marvell is open to sale

New York Post - 5 Mar 2016 05:52
Semiconductor maker Marvell is open to sale Semiconductor maker Marvell Technology Group, which last month settled a patent dispute with Carnegie Mellon University for $750 million, is open to a sale, The Post has learned. KKR and Starboard have significant stakes...
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America's Top 1,200 Financial Advisors

Barron's - 5 Mar 2016 08:44
America's Top 1,200 Financial Advisors Our annual listing of the best financial advisors features 15 new No. 1s. Who made the cut in your state?
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How A Hudson Valley Startup Helps Farmers Flourish And Workers Eat Their Veggies Eschalions anyone? Donna Williams, a former food-industry exec and investment banker, started Field Goods in 2011 in the Hudson Valley to deliver produce from small local farms to the workplace. Focusing on the corporate...
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CMOs: 'Technographics' is the new demographics

Venture Beat - 5 Mar 2016 23:06
CMOs: 'Technographics' is the new demographics GUEST: Smart businesses that recognize the value of an outside-in perspective have long analyzed attributes like demographics and firmographics in an attempt to better understand their customer base. In particular, consu...
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On March 4 2016, the IRS issued proposed regulations regarding the basis of property acquired from a decedent. Section 1014 provides the general rule that the basis of property acquired from a decedent (i.e., a deathtime...
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F1 Teams Race Off With $1.5 Billion Revenue The ten teams which competed in Formula One auto racing last year made more than $1.5 billion in revenue, according to their latest financial statements, with Indian outfit Force India showing the greatest growth.
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Coworking spaces are on the rise -- here's why

Venture Beat - 5 Mar 2016 21:09
Coworking spaces are on the rise -- here's why GUEST: I remember, when I was first starting out, the whole concept of a coworking space seemed strange. Why would people pay for a desk at a shared communal space instead of getting their own office space? Today however...
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Is It Better To Be An Expert Or To Be Regarded As One? There's no denying that credibility is today's top PR currency. But what can you do to make your expert capabilities known? According to expert Ken Courtright, it boils down to these steps.
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Convicted hacker Guccifer gets U.S. extradition for exposing Bush family emails and artwork (Reuters) – Romania’s top court has approved a request by U.S. authorities to extradite a convicted hacker known as Guccifer, a source within Romania’s DIICOT anti-organized crime and terrorism unit told Reuters on...
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Xbox Live is down: Microsoft is investigating why users can't sign in Microsoft’s Xbox Live is once again experiencing issues. Users are unable to sign in, and Microsoft is investigating what the problem might be. Ironically, we first spotted the issue without even being on an Xbox. At 9...
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Obama looks to SXSW for ideas and tech to modernize government Inside the Oval Office of the White House, President Barack Obama has models of American inventions like the telegraph saying that it’s a “daily reminder of the genius embedded in our DNA.” It represents the way �...
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Founders: 5 ways to make sure you don't run out of cash GUEST: Once upon a time, 10 long years ago, I became the CEO of an early stage software company. I was hired by a private equity firm to get my arms around a business they felt had begun to veer in the wrong direction. I...
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Startups need to act like Mark Watney in The Martian, according to First Round Capital LP letter There’s a lot of doomsday talk these days in Silicon Valley. The end is near. The sky is falling. Or, as venture capitalist Chi-Hua Chien of Goodwater Capital recently quipped to me, "Pull out your raincoats or build a...
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Why Epic's Tim Sweeney blasted Microsoft in bid to keep Windows 10 open About once a decade, Tim Sweeney, graphics guru and CEO of Epic Games, stirs the hornet’s nest. He did so on Friday by blasting Microsoft for allegedly trying to close off the Windows 10 store, and hurting the much-che...
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