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Business News

Location American Business News for 10 March 2016
The epic collapse of American soda consumption in one chart American soda consumption has plunged. In a recent research report to clients, an RBC Capital Markets team shared a chart showing just how dramatically soda consumption per capita in the US has dropped over the last 15 ...
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investors may be able to learn a thing or two from how investors read the news. January, for instance, was the market's worst start to a year in nearly a decade. It also happened to be MarketWatch's best month ever for t...
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Steve Jobs and the strange afterlife of the historic Woodside mansion he demolished WOODSIDE, Ca. — Steve Jobs hated the historic Jackling House that he bought in 1984 so much that he spent a tremendous amount of time and energy in his final years trying to have it torn down. After a decade of controv...
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Why, look: It's an oil price-rigging revival

New York Post - 10 Mar 2016 05:10
Why, look: It's an oil price-rigging revival Beware, Americans! Wall Street is desperately trying to rig the oil and gasoline markets again. I've been following this scheme for nearly 10 years as speculators, led by the Goldman Sachs gang, tried to convince people ...
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Mark Lennihan/AP What does a 25-year old know about trading bonds? Maybe enough to help one investing giant solve a problem that Wall Street can't seem to get its head around.  BlackRock, which manages $4.6 trillion in...
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NHL deputy commissioner Bill Daly says the league has no reason to believe the Montreal Canadiens acted inappropriately by trading Jarred Tinordi to the Arizona Coyotes after the defenseman was suspended 20 games for per...
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Two Muslim women were taken off a JetBlue flight for filming the safety briefing JetBlue Two Muslim women on board a JetBlue plane heading from Boston to Los Angeles were taken off the plane after the pair were found to be staring at a flight attendant in an odd manner and filming the safety briefing...
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John Gutfreund, Former 'King of Wall Street,' Dies at 86

Wall Street Journal - 10 Mar 2016 01:04
The death of John Gutfreund at age 86 marks the formal end of an era on Wall Street when swashbuckling bond traders made huge bets using house money.
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China is becoming a nation of iron ore traders

Business Insider - 10 Mar 2016 06:06
China is becoming a nation of iron ore traders With the stock market in a funk and property prices rising so fast that some investors are losing sleep, it appears that an increasing number of Chinese are turning to iron ore futures trading to make their next fortune....
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AP Ikea's founder, Ingvar Kamprad, is a billionaire. In fact, he's the second-richest man in Europe, with a reported net worth of $39.3 billion. But he doesn't spend all of his money on Louis Vuitton luggage and Carti...
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The worst of Apple's iPhone slump might be over (AAPL)

Business Insider - 10 Mar 2016 16:10
The worst of Apple's iPhone slump might be over (AAPL) REUTERS/Robert Galbraith When Apple last reported quarterly earnings, it adjusted its revenue guidance for 2016 down, suggesting that its incredibly profitable iPhone business had peaked. Now, according to supplier check...
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Google HR boss says managers spend just as much time talking about failure as they do about future success Bloomberg/Getty Google is known for encouraging employees to set stretch goals, and for expecting that they might not always get all the way there. At the same time, managers don't simply accept failure and move on. In f...
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Don't pay too much attention to China's recent trade data

Business Insider - 10 Mar 2016 03:11
Reuters/China Daily Investors are skeptical of Chinese economic data. However, news Tuesday that Chinese exports fell by a quarter in February shocked investors. Many worry about the implications not just for China, but...
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9 Simple Practices for Leading and Living with Purpose You can't lead others if you don't first learn how to lead yourself. Here's how to do it.
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The Texans made two big moves in free agency, and it should scare the rest of the NFL Alex Goodlett/Getty Images The NFL regular season is still a long ways away, but after two huge splashes in free agency on Wednesday, the Houston Texans look like they'll be one of the best teams in the AFC come Week 1...
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European Corporate Bonds Are Clear Winners After ECB Move

Wall Street Journal - 10 Mar 2016 23:44
Credit markets in Europe soared after the ECB surprised investors by saying it would begin buying corporate debt under its massive bond-buying program.
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Twitter's move to reset pay packages to retain employees is a reminder that stock-based compensation is a real expense for investors.
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j2 Global Becomes Oversold

Forbes - 10 Mar 2016 23:42
j2 Global Becomes Oversold The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — ...
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Propel raises $4.2 million for product lifecycle management built on Salesforce Product management tool Propel announced today that it closed a $4.2 million series A investment led by Cloud Apps Capital Partners. Propel’s product, built on Salesforce, promises a service that “helps everyone invo...
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Epic's Tim Sweeney: Here's how to keep Windows an open platform GUEST: Last week, I wrote an opinion piece for The Guardian expressing concern that Microsoft's new Universal Windows Platform (UWP) APIs comprised a first step toward locking down the currently open consumer PC ecosyste...
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Open letter: Why the cloud business needs better metrics GUEST: Steve Ballmer, the former chief executive officer of Microsoft and the current owner of the L.A. Clippers, has a lot to say about Microsoft — especially about the Microsoft Azure cloud business. In an interview ...
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Top Buys by Directors: Renda's $256.2K Bet on CASY The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to tak...
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