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Business News

Location American Business News for 12 May 2016
Opening Bell | Global equities trade lower; Nestle, Dr. Reddy's in focus Asian markets open lower; ED to attach Vijay Mallya's assets in India
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How I scammed a scammer (well, almost)

New York Post - 12 May 2016 06:25
How I scammed a scammer (well, almost) I came so close this week to bagging my first internet scammer that I was already clearing wall space above my fireplace to mount his head. But the scamster slipped away after Western Union -- a favorite of online thieve...
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This colorful map of Mercury reveals the planet's rugged surface in unprecedented detail This is the first complete topographic map of Mercury. It reveals the lowest and highest points on the planet as well as unprecedented detail Mercury's north pole. Lear more on NASA.gov. Video courtesy of NASA Follow BI ...
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A Korean bakery makes a gorgeous 20-layer rainbow crepe cake Billy Angel Cake Company in Seoul, South Korea, makes a colorful and fruity crepe cake. The masterpiece is made with 20 individual crepes and five different flavors: strawberry, orange, banana, melon and grape. Flavored ...
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3 women carrying more than $3 million worth of heroin and opium arrested at Chicago airport Courtesy Chicago Police Department/Handout via REUTERS CHICAGO 
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Govt plans steps to boost use of Indian registered ships in local pacts Proposal involves tweaking a policy that grants first preference to Indian-registered ships and is applicable only to pacts related to state-owned entities and other govt departments
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The Opportunity Brewing in Brazil's Economic Crisis A Templeton macro investor sees long-term benefits in the struggling Latin American country.
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Nestlé India: Time to look beyond Maggi

livemint.com - 12 May 2016 20:58
Nestlé India: Time to look beyond Maggi The improvement in sales and margins is a positive development, but there is some way to go before investors embrace the stock wholeheartedly
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'Supergirl' Will Fly To The CW For Season Two Now that they are all on the same network, there are no more excuses denying us that 'Arrow'/'Flash'/'Legends of Tomorrow'/'Supergirl' musical episode!
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Apple drops to No. 2 behind this company

USA Today - 12 May 2016 18:05
Apple drops to No. 2 behind this company Apple's epic fall on the markets took a symbolic turn Thursday as it fell to No. 2          
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SINGAPORE/TOKYO
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Election season is a great time to buy art

New York Post - 12 May 2016 06:48
Election season is a great time to buy art Here's an art history lesson: Selling a Picasso during a presidential election can be a bad business plan. Art prices have fallen in three of the past four presidential election periods, according to a much-watched index...
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Google was going to pay up to $40 million for a critical piece of Android, but talks fell apart (GOOG, ORCL) Gonzalo Arroyo Moreno/Getty Images Google was prepared to pay Sun Microsystems $30 to $40 million for a five-year license to use its Java technology in Android, Google Chairman Eric Schmidt testified in court today in th...
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4 job search mistakes you can get away with making

Business Insider - 12 May 2016 21:51
4 job search mistakes you can get away with making Sometimes you do absolutely everything right, but in the end, you don't get hired — and you feel absolutely lousy. But thankfully, there's a flip side to the "What just happened?" job-search coin. Have you ever receive...
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IIP: Capital, consumer goods growth falls

livemint.com - 12 May 2016 21:25
IIP: Capital, consumer goods growth falls Both industrial production growth and manufacturing growth in 2015-16 have been lower than in the previous year
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Thursday Sector Leaders: Consumer Products, Utilities The best performing sector as of midday Thursday is the Consumer Products sector, higher by 0.6%. Within the sector, Ralph Lauren Corp (NYSE: RL) and Royal Caribbean Cruises Ltd (NYSE: RCL) are two large stocks leading t...
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This composite photo of planes taking off at LAX is just mind-blowing Mike Kelley More than 66 million travelers fly in and out of Los Angeles International Airport every year, making it the third-busiest airport in the US. In 2013, there were 1,685 takeoffs and landings per day, on averag...
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Ongoing legal challenges to health overhaul

News Observer - 12 May 2016 19:38
More than six years after becoming law, the Affordable Care Act continues to face legal challenges, including the case decided Thursday by a federal district judge in Washington. …
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Reports suggest that Chipotle Mexican Grill (NYSE: CMG) has hired David Acheson and David Theno as food safety consultants in an attempt to ensure that the food virus outbreaks which the company faced last year do not re...
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How To Create Your Social Media Strategy In 4 Easy Steps Creating and executing a successful social media strategy takes effort. It can be a little daunting starting from the beginning, but I?ve laid out a few steps (complete with thought-provoking questions) to help you get t...
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Google's HR Boss: Stop Asking Candidates About Their Current Salary Google's Laszlo Bock to hiring managers: there are fairer ways to determine compensation.
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Mortgage rates haven't been this low in three years

Washington Post - 12 May 2016 17:08
Mortgage rates haven't been this low in three years The 30-year fixed-rate average, which tumbled to 3.57 percent this week, has fallen 44 basis points since the first of the year.
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