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Business News

Location American Business News for 28 March 2016
I’m a junkie for obsessive entrepreneurs whatever they’re striving for or their means of getting there. Some of my entrepreneur friends always knew what they wanted from life (not me). Others’ paths remain explorat...
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Uber CEO dismisses IPO talk

USA Today - 28 Mar 2016 18:07
Uber CEO dismisses IPO talk Mom and pop investors looking to invest in ride-hailing company Uber Technologies may have to wait a few years, CEO Travis Kalanick said Monday.          
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Oracle wants $9.3 billion in damages from Google

Business Insider - 28 Mar 2016 21:06
Oracle wants $9.3 billion in damages from Google AP Photo/Eric Risberg The next round of Oracle's ongoing copyright lawsuit against Google over Android will begin on May 9. And Oracle is going to try to convince the jury that Google owes it $9.3 billion, reports Jame...
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A Startup Environment's Influence on Performance

The Huffington Post - 28 Mar 2016 06:48
A Startup Environment's Influence on Performance Co-written by Johan Vardrup No man is an island and in this age of the open workspace, we humans appear to be very much affected by our surroundings. Professionals sharing an interior landscape, show a consistent level o...
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China's Anbang Raises Starwood Offer to $14 Billion

Wall Street Journal - 28 Mar 2016 16:57
The battle for Starwood Hotels continued as the group led by China's Anbang increased its bid for the hotelier to $14 billion, threatening Starwood's deal with Marriott.
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Saudi Company Looks for Water in Drought-Stricken West The purchases totaling about 14,000 acres have rekindled debate over whether a patchwork of laws and court rulings favors farmers too heavily.
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Realtors affiliated with Homes for Heroes donate 30 percent of their commissions to the buyers Of that portion, 25 percent goes directly to the buyer as a discount or rebate; the other 5 percent goes toward the Homes for...
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YouTube screenshot MOUNTAIN VIEW, Calif. — Google’s brash attempt to revolutionize medicine as it did the Internet is facing turbulence, and many leaders who launched its life sciences startup have quit, STAT has fou...
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The Los Angeles mountain lion who's gone viral reveals something far more disturbing about wildlife today Reuters P-22, the mountain lion that rose to stardom after gracing the covers of National Geographic in December 2013 while prowling in front of Los Angeles' infamous Hollywood sign, has once again made headlines, but as...
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Chinese Investors See Golden Opportunity

Wall Street Journal - 28 Mar 2016 16:34
In China, which consumes more than a fifth of the global gold supply, the usual jewelry buying is taking a back seat to the buying of coins and bars by investors seeking a haven from global economic uncertainty.
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Hedge Funds for Retail Class Face Regulatory Reckoning

Wall Street Journal - 28 Mar 2016 06:00
A flashy class of mutual funds that allow retail investors to tap into exotic strategies pioneered by hedge funds is colliding with the one force that threatens its growth: regulators on the hunt for systemic risk.
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This chart shows how far away virtual reality still is from reaching the mass-market The Oculus Rift virtual reality headset launched on Monday, but many game developers believe it could take as much as 15 more years before the gadgets are widely adopted by mainstream consumers. According to a survey ...
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Why Is It So Hard for Us to Admit Our Mistakes?

The Huffington Post - 28 Mar 2016 23:30
Why Is It So Hard for Us to Admit Our Mistakes? Advice for how to gracefully handle mistakes often emphasizes 1) taking responsibility for the error, 2) presenting a plan for the remedy, and then 3) fixing what was wrong. Although these directions sound simple, they c...
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In the wake of reports of increased drone sightings, should you be worried about safety?
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Vanilla Shortage Might Ruin Your Summer Ice Cream Plans A price surge could be coming to a freezer near you.Following a poor harvest in Madagascar last year, the cost of vanilla beans has surged.
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Scientists may have discovered the fossilized skull of a 'Siberian unicorn' Heinrich Harder/Wikimedia For decades, scientists have estimated that the Siberian unicorn — a long-extinct species of mammal that looked more like a rhino than a horse — died out some 350,000 years ago, but a beaut...
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Watch: Minimum Wage Hike Could Be Coming to California California would become the first state to adopt an hourly wage of $15 if approved by state lawmakers.
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China's Anbang raises offer for Starwood Hotels to $13.9B Jockeying for Starwood Hotels & Resorts Worldwide continues. A group of investors led by Chinese insurer Anbang has raised its offer to buy the hotel chain operator for about $13.9 billion - or $82.          
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The FBI says it has hacked into the San Bernardino shooter's phone without Apple's help (AAPL) AP The US Justice Department said on Monday that it had managed to access encrypted information stored on the iPhone belonging to one of the San Bernardino shooters, ending a contentious standoff between the government a...
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Valeant's Accounting Error a Warning Sign of Bigger Problems

The New York Times - 28 Mar 2016 22:59
Valeant's Accounting Error a Warning Sign of Bigger Problems Investors have other reasons to remain concerned about the accuracy of the company's financial statements.
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Y Combinator There's a higher bar for late applicants, but Airbnb and Instacart both hurdled it. Got an early-stage virtual reality or augmented reality startup, but missed last Thursday's application deadline for the summer 2016 Y C...
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4 Leadership Lessons From Pope Francis

inc - 28 Mar 2016 21:51
4 Leadership Lessons From Pope Francis The pope offered a reminder of the importance of love, mercy, and acceptance in his Easter message.
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