Business News
Investors could yank as much as $500B from hedge funds in 2016
New York Post - 14 May 2016 06:40
LAS VEGAS -- The $3.2 trillion hedge fund industry, reeling from its worst quarter for withdrawals since the financial crisis, is bracing for more pain. Hedge funds, which watched in horror as investors yanked $15 billio...
This Chinese e-commerce giant is luxury retail's worst nightmare
Business Insider - 14 May 2016 13:40
Facebook Luxury retailers have been unhappy with Alibaba, the Chinese e-commerce behemoth that's grown rapidly over the past few years. Earlier this week, Gucci made headlines for withdrawing from the International Ant...
Pfizer tightens restrictions to keep drugs from being used in executions
Washington Post - 14 May 2016 08:08
The company says it is "enhancing" its restrictions and will now monitor governments to make sure they don't let the drugs get used in executions.
Where's the Oil Dividend for Emerging Markets?
Barron's - 14 May 2016 05:45
Lower energy prices were expected to produce more global growth, but that hasn't happened. Here's why.
Here's what Aeropostale's bankruptcy means for clothing retailers
Business Insider - 14 May 2016 04:02
Thomson Reuters Earlier this month, hip teen clothing retailer Aeropostale filed for Chapter 11 bankruptcy. In yet another sign that clothing retail stores are struggling, the company announced its intention to emerge ...
Hedge Fund Managers Are on the Defensive at SALT
Barron's - 14 May 2016 06:34
The hedge-fund industry had a lot of 'splainin' to do at the Skybridge SALT conference in Las Vegas, given poor performance and high fees.
5 Marketing Hacks Small Businesses Tell Me Have Changed Their Lives
Forbes - 14 May 2016 14:00
These are just some of the marketing "hacks" small business owners have disclosed to me. Give them a try for yourself, and they might just turn your marketing strategy on its head.
Does U.S. Economy Really Do Far Better Under Democratic Presidents?
Barron's - 14 May 2016 06:29
Refining the findings of a study by economists Alan Blinder and Mark Watson shows a gap in GDP expansion under the two parties, but a relatively paltry one
You can buy a disgraced hedgie's 'discounted' castle for only $6M
New York Post - 14 May 2016 03:33
Wanna a Connecticut "castle" for 32 percent off? The disgraced hedge fund investor Alphonse "Buddy" Fletcher may have just the place for you. Fletcher's seven-bedroom, 10-bath "Hidden Valley Castle" in leafy Litchfield C...
Vermont to require drug makers to explain price increases
Miami Herald - 14 May 2016 14:59
Vermont is poised to become the first state requiring drug companies to explain their price increases, and Bob and Deborah Messing think that's a good idea. …
4 Advantages European Startups Have Over American Companies
inc - 14 May 2016 14:07
There's a new wave of European entrepreneurship coming, and it's going to be hard to beat.
How much money the cast of HBO's 'Silicon Valley' would make in real life (TWX)
Business Insider - 14 May 2016 14:06
HBO HBO's "Silicon Valley" is satire, but that doesn't mean it can't also nail the authentic Bay Area tech experience. Showrunner Mike Judge consults startups and tech news sites — including Business Insider — ...
Report: Warren Buffett may be part of bid for Yahoo
CBSNews - 14 May 2016 08:59
Sources familiar with the negotiations tell Reuters Buffett is backing a group interested in buying Yahoo's internet assets
China's 'zombie' steel firms are coming back from the dead
Business Insider - 14 May 2016 07:01
REUTERS/Stringer The gray smoke pouring once again into the sky above a rusty steel plant in a town in northern China is seen as a blessing by people who live nearby. One of the plant’s six blast furnaces was put back ...
New York Lenders Subpoenaed Over Seller-Financed Mortgage Alternatives
The New York Times - 14 May 2016 04:08
Regulators subpoenaed four firms involved in seller-financed deals for marketing inexpensive homes to lower-income people who can't get a mortgage.
Former KidoZen CEO gets 2 years in prison for wire fraud, owes $5.5 million
Venture Beat - 14 May 2016 01:26
Jesus Rodriguez, cofounder and former chief executive of mobile backend as a service (MBaaS) company KidoZen, has been sentenced for two years in federal prison on one count of wire fraud after admitting earlier this yea...
'Million Dollar Listing' star shares his 10 best tips to seal any deal
Business Insider - 14 May 2016 16:40
Mike Pont / Stringer / Getty Images Fredrik Eklund, the star of Bravo's "Million Dollar Listing" and a leading broker in New York City, is great at sealing deals. In his 10 years in business, Eklund has closed on more t...
How To Time The Stock Market Using Media Sentiment
Forbes - 14 May 2016 16:01
Investor sentiment and analysis of media coverage are new frontiers to explore in understanding stock market gyrations. The news unconsciously affects investor behavior, which in turn moves the stock market. Thus analyzi...
How to Fund Your Startup With Multiple Streams of Revenue
Forbes - 14 May 2016 13:15
According to a National Venture Capital Association survey, 82% of small businesses get their backing from self-funding. So if you’re coming up empty finding angel investors to contribute to your business fund, you’r...
More Chinese Companies Are Acquiring Foreign Businesses [Infographic]
Forbes - 14 May 2016 11:09
Chinese companies have been boosting their efforts to acquire foreign companies and broadening their capabilities and portfolios to help them win at home and abroad. Bain & Company’s analysis of M&A deal activity show...
Family and Friend Funded Startups: Best or Worst Idea Ever?
inc - 14 May 2016 05:35
Running a startup that has been funded by family and friends may seem like the best idea or the worst idea ever.
Panama airport places $575 million bond after probe hits issue
Reuters - 14 May 2016 05:26
PANAMA CITY