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Business News

Location American Business News for 25 March 2016
Retired pro cyclist Christian Vande Velde sells Lemont house for $800,000 Retired professional road racing cyclist Christian Vande Velde and his wife, Leah, earlier this month sold their five-bedroom, 8,000-square-foot ranch-style house on 6 acres in Lemont for $800,000. A Lemont native, Vande...
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Courtesy of Blade Blade, the on-demand transportation startup sometimes called "the Uber for helicopters", is offering a special service for users heading to the Coachella Valley Music and Arts Festival in April.  For $...
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5 white lies you should never tell a recruiter

Business Insider - 25 Mar 2016 18:54
5 white lies you should never tell a recruiter Chris Hondros/Getty Images If you think you've heard it all, you're either a therapist or a recruiter. (Of course, sometimes people treat their recruiters and HR people in general like therapists, but that's another pos...
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After struggling in the final three months of 2015, the U.S. economy is thought to be rebounding in the current quarter, though not as strongly as most analysts had once expected. …
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Christie says no more 'blank checks' for nearly bankrupt Atlantic City A defiant New Jersey Gov. Chris Christie warned on Thursday that the state will not unconditionally bail out a nearly bankrupt Atlantic City, despite it being weeks away from insolvency. "This is uncharted territory," Ch...
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Oil production is plummeting -- but we could see a huge turnaround soon Reuters/Lucy Nicholson The depletion of old oil wells is expected to surpass new sources of supply in 2016, as the ongoing oil price slump puts a long list of oil projects on the shelf. Bloomberg flagged new data from t...
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This is how long US health officials say Zika patients should wait before conceiving Thomson Reuters
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A man created a ball that extinguishes fire instantly after he survived a lethal hotel fire Phanawatnan Kaimart invented the Elide Fire Extinguishing Ball after he survived the 1997 Royal Jomtien Resort Hotel fire, which killed nearly 100 people. It's safer to use than a normal fire extinguisher: it spreads dr...
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Note: The views below are my personal musing only, and do not represent the views of the Uniform Law Commission, the Drafting Committee, or the American Bar Association.
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Myanmar Opens a Stock Exchange. Number of Listings: One

Wall Street Journal - 25 Mar 2016 17:00
The Yangon Stock Exchange began trading with only one listing and without access to foreign capital, a largely symbolic opening underscoring Myanmar's frontier-market status.
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4 Little Email Marketing No-Nos That Could Land You In Big Trouble Not abiding by the rules (even if unintentionally) set by the CAN-SPAM Act might land your business in legal hot water and burden you with financial penalties.
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One entrepreneur explains why HR quickly became a crucial function in her business.
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The 3 plays in sports everybody will be talking about today Good morning! Here are the plays everybody will be talking about Friday. Dunk of the Year? Dunk of the Year. Sometimes something is so good, it doesn't matter where or who. This play comes from the Iowa Energy of the NB...
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Inside the Tesla Gigafactory, Elon Musk's secretive battery production facility Elon Musk likes his secrets. Tesla Motors isn’t known for being particularly open to the media, especially when it comes to major projects like the lithium-ion battery cell “Gigafactory” taking shape just outside R...
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Mainland Chinese tourists splashed out a record US$215 billion on their holidays abroad last year despite slowing economic growth and stock market turmoil at home, an industry report said. The figure was 53 per cent high...
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A credit rating agency on Thursday welcomed the end of Pennsylvania's nine-month budget stalemate but said the spending package doesn't resolve the state's structural budget deficit or address its looming pension crisis....
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ConAgra Foods has been found liable for $108.9 million in a civil lawsuit stemming from a fatal 2009 plant explosion in North Carolina. …
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Judge Says Bankrupt Law Grads Can Cancel Bar Loans

Wall Street Journal - 25 Mar 2016 23:28
A federal judge ruled law-school graduates who file for bankruptcy protection can cancel the debt they racked up while studying for the bar exam, finding such loans are different from traditional federal student loans th...
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Leading Stocks Of Last Year Fall Year To Date Last year many investors holding value stocks were bruised by losses, while growth investors outperformed them for the year and on a five-year average annual basis, using the iShares S&P 500 Growth and Value ETFs as a ro...
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U.S. indicts 7 Iranians for hacking dozens of banks, New York dam (Reuters) – Seven Iranian hackers broke into computers of dozens of U.S. banks, causing millions of dollars in damages, and tried to shut down a New York dam, the U.S. government said on Thursday in an indictment that ...
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Prosper Bond Offering Gets Chilly Reception

Wall Street Journal - 25 Mar 2016 23:36
A bond offering based on personal loans made by Prosper Marketplace got a cold reception, the latest sign of investor skittishness toward fast-growing online lenders.
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Jay and Silent Bob's Jason Mewes on crowdfunding and pot leaf throwing stars First they were just a couple of stoners hanging outside a convenience store. Now they could be video game stars. The characters Jay and Silent Bob have been in numerous movies, comics, and more since their debut in the ...
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