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Business News

Location American Business News for 15 May 2016
Alfred Taubman's grandson's huge blunder with family money The late billionaire real estate titan Alfred Taubman's grandson, Jason Kalisman, made a big miscalculation in one of his first investments of the family's money, a source close to the situation told The Post. Last fall,...
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An exec who has interviewed thousands of people at Goldman Sachs shares the biggest mistake she sees candidates make Bloomberg When interviewing for a job, it's instinctual to want to say what you think the interviewer wants to hear. But if you think this is the best strategy for a successful interview, you'd be sorely mistaken, Edith...
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London's former mayor says the EU is on the same doomed path as Hitler Thomson Reuters LONDON
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AP Photo/Tony Avelar Tesla just made a very smart move: it hired Peter Hochholdinger to oversee production of its vehicles. Hochholdinger came from Audi, where he spent his entire career doing nothing but building Audis...
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AP Images Berkshire Hathaway held its annual meeting recently and released its first quarter report this past Friday, so there is no better time to examine the factors that have contributed to the uncommon success of W...
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Amazon is reportedly expanding its private label to food, coffee, diapers Amazon may be looking to expand its private-label brands to include more perishable food and household items such as nuts, spices, coffee, diapers, laundry detergent, and baby food. It’s reported that this roll out wil...
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Paul Morigi/Getty Images for Fortune/Time Inc SAN FRANCISCO
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For the past three years, activist investor Bill Ackman has criticized the nutritional supplement company Herbalife to anyone who will listen — and on April 27, his audience happened to be a group of U.S. senators. �...
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Here's what Goldman Sachs' US workforce looks like

Business Insider - 15 May 2016 15:38
Here's what Goldman Sachs' US workforce looks like Goldman Sachs just published its 2015 "Environmental, Social and Governance Report." The interactive web page has lots of stuff on what Goldman is doing in various areas, and we're going through it right now. First up, t...
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Trump says Brexit wouldn't impact potential UK-U.S. trade deal if he is president Joe Raedle/Getty Images Presumptive US Republican presidential nominee Donald Trump said Britain leaving the European Union would make no difference to a potential bilateral trade deal if he became president, according t...
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Here's why Apple made a billion-dollar bet on the Uber of China Original story here. NOW WATCH: Here's where Elon Musk, Bill Gates, and Steve Jobs started as interns
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How A Marketing Leader Transformed A 65 Year Old Business Into A Digitally-Savvy Enterprise The sale of YouTube from a Denny's booth is a fitting way to begin a story about how one of America's most enduring eateries transformed from a digital laggard into a digitally-savvy leader. While most marketing leaders ...
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Bisnow Media sells its multi-city enterprise for $50 million A New York private equity firm snapped up the chatty newsletter and events business.
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City residents feel the burden of eye-popping rent

New York Post - 15 May 2016 02:15
City residents feel the burden of eye-popping rent It's official: For more than half of New York City renters, the rent truly is too damn high. A new report looks at how many New Yorkers are rent-burdened, forking over 30 percent or more of their pretax income for rent a...
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3 Cheap Stocks Set To Double Their Dividends Plenty of investors judge a stock’s dividend by one thing: the current yield. It’s a key figure, to be sure, but it’s just a starting point. If you’re investing for the long haul, dividend growth is way more impo...
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Why has America stopped shopping?

New York Post - 15 May 2016 01:30
Why has America stopped shopping? By all measures, America has stopped shopping. Last week, many of the largest retailers reported recession-like earnings and watched their stocks suffer devastating declines. The American consumer can see things far more...
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Something looks a little bit off in the American job market Something looks a little bit off in the US labor market NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the global economy
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(Reuters) - Amazon.com Inc will launch new lines of its private-label brands in the coming weeks, the Wall Street Journal reported, citing people familiar with the matter.
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Northrop Grumman has told Virginia officials that it won't serve as the prime contractor for the state's information-technology services. …
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Investments can make or break a company, which is why it's vital that leaders attract the right investors at the right time under the right terms. Unfortunately, too many companies fail to set themselves apart -- and fai...
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