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Business News

Location American Business News for 24 April 2016

Investors are fleeing hedge funds in droves

Business Insider - 24 Apr 2016 13:01
Wikipedia Big public pension funds are slow-moving apparatuses. So dramatic shifts in investment decisions take a long time to be discussed and decided, and even longer before they’re felt by the investment community. ...
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How To Spot The Stock Market's Trend Before It Is Obvious To All Ahead of published news and facts are knowledgeable investment flows. As outlooks coalesce, stock trends form. Today's stock market appears to be signaling a bull trend.
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Some of Silicon Valley's startups wouldn't last a day in New York Everybody knows that unicorns aren't real, right? But in California's Silicon Valley, plenty of unicorns -- private startups with $1 billion valuations -- run free, frolicking between Sunnyvale and Menlo Park along the R...
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It's not that hard to be a venture capitalist anymore

New York Post - 24 Apr 2016 04:00
It's not that hard to be a venture capitalist anymore Entrepreneurs across the country will soon have to dream a little bigger. US regulators will soon allow them to compete with more established players -- like hip-hop star Kanye West -- for crowdsourced investors. Startin...
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Bank jobs disappear as industry leans towards digital

New York Post - 24 Apr 2016 01:30
Bank jobs disappear as industry leans towards digital Don't blink -- your neighborhood bank branch may be next. Thousands of banking jobs, under intense regulatory scrutiny, are being digitalized to death in the slowing global economy. In the wake of the recent news that No...
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The company working with Faraday Future drives its own new electric car on stage Electrek It's in the books now. Long before the world will see a working concept of Faraday Future's forthcoming production vehicles, the aspiring automaker's business partner has revealed its own. LeEco, the Chinese med...
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Steve Fifield rides the ups and downs of real estate development The gig: Steve Fifield, 68, is co-founder and principal of Century West Partners, a Los Angeles developer that has nearly 1,500 luxury apartment units under construction across the region. Century West is particular acti...
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Wikimedia Commons The world's economic "canary in the coal mine" is stuck. South Korean exports, nicknamed "the world's economic canary in the coal mine," have struggled with 15 consecutive months of drops. And they'r...
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German minister: The EU-US trade deal 'will fail' if the US refuses concessions Thomson Reuters Frankfurt
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How long will interest rates stay low?  I expect the Fed to keep rates very low for a long, long time. After it raised rates in December, the Fed made it clear that future hikes will be gradual and data dependent. Appar...
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New York Times plans to cut hundreds of jobs later this year The New York Times Co. is preparing to lay off a few hundred staffers in the second half of the year, The Post has learned. Chairman and Publisher Arthur "Pinch" Sulzberger Jr.'s management team has been talking with som...
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How to catch crowdfunding scammers before they get you

New York Post - 24 Apr 2016 03:00
How to catch crowdfunding scammers before they get you Consumer Reports recently released a study on crowdsourcing and the susceptibility of being duped by a scam. The report highlights a Federal Trade Commission case in which a scammer got contributors to fork over more tha...
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Dan Istitene/Getty Images BEIJING
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Supercell stakes a beachhead in the mobile gaming clash in Iran GUEST: Supercell has joined the club of foreign game developers to accept Iranian rials (the nation’s currency), at least for its flagship title, Clash of Clans. The mobile gaming giant struck a deal on March 24 with t...
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Missteps In PR: 'I Didn't Realize I Was On The Record' Don't let chattiness get you in trouble in front of the press, Lisa Hennessy, founder of YourPetChef.com, advises entrepreneurs.
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Formula One TV Audience In Mexico Accelerates 500% Formula One has announced some of its highest ever increases in viewership crowned by boosts of as much as 500% for races watched on television in Mexico.
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Commercial realty does better than residential in 2015: report Demand from certain sectors drove commercial real estate but residential sector saw little change
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Being money-wise: know when to say no

livemint.com - 24 Apr 2016 22:12
Being money-wise: know when to say no Refusing expenses, products or services that you don't need can keep your financial goals on track
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Expense ratio continuously impacts the NAV of a fund

livemint.com - 24 Apr 2016 22:05
Expense ratio continuously impacts the NAV of a fund The expense ratio is the annual fee that all mutual funds charge their unit holders
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OMG: Air ticket cancellation fee

livemint.com - 24 Apr 2016 22:02
OMG: Air ticket cancellation fee Cancellation fee depends on the time you cancel the scheduled flight ticket
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Whither mutual fund distributors?

livemint.com - 24 Apr 2016 21:55
Whither mutual fund distributors? Reforms in the mutual fund industry are ostensibly for protecting investors; some of them do, others have been onerous for the industry and its distribution community
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ESL says it still wants to work with YouPorn's esports team One of esports’ biggest organizations doesn’t want to ban one of its rising teams, but it says it doesn’t have much of a choice due to its partners and legislation. The ESL — sometimes known as the Electronic Spo...
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