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Business News

Location American Business News for 19 May 2016
IDFC PE partially exits Parag Milk Foods through IPO, earns Rs180 crore IDFC PE will continue to hold 7% stake in Parag Milk Foods
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European Tour Operators Caught in the Geopolitical Crossfire

Wall Street Journal - 19 May 2016 18:22
Shares in package-holiday specialist Thomas Cook took a dive Thursday after it warned that troubles in Turkey would hit its full-year profits.
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Meet Mr. Monaco

CNN - 19 May 2016 15:24
Jackie Stewart pays tribute to his former teammate, five-time Monaco winner Graham Hill.
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Tesla selling $2B in stock to finance Model 3

New York Post - 19 May 2016 05:46
Tesla selling $2B in stock to finance Model 3 Tesla and its billionaire founder, Elon Musk, will sell $2 billion of stock to finance the launch of the new Model 3 sedan -- a deal that looks like a sweet ride for Goldman Sachs. The offering raised eyebrows late Wedne...
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Midea, the Chinese household appliances ("white goods") manufacturer just made what analysts called an 'incredibly high' bid for German robot maker Kuka. This acquisition would take the Chinese investor right to the hear...
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The scary reason so many people are working beyond 65 The percentage of seniors working at 65 and beyond is higher than it's been in 50 years.          
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$1 billion stakes on the menu

The Economist - 19 May 2016 16:42
$1 billion stakes on the menu USUALLY it is a good sign when Berkshire Hathaway, the investment vehicle of Warren Buffett, takes a stake in a firm. Berkshire's purchase of $1 billion of Apple shares, disclosed on May 16th, may be an exception, howeve...
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Financial regulators say two debt buyers have agreed to stop collecting illegal payday loans in New York under consent orders expected to result in $3 million in restitution. …
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Study predicts modest economic boost for U.S. from Obama trade pact Expansive Pacific agreement could cause dip in domestic manufacturing jobs
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Deciphering Google's messaging app strategy: Allo, Duo, Hangouts, and Messenger ANALYSIS: At its I/O 2016 developer conference, Google announced two new messaging apps: Allo and Duo. The company is effectively doubling its number of messaging apps, which also include Hangouts and Messenger. And at l...
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How To Keep Your Pet Safe This Summer

Forbes - 19 May 2016 23:34
How To Keep Your Pet Safe This Summer While you're having fun in the summer heat, make sure your pet does also, says Joey Teixeira, senior manager, ASPCA Adoption Center, along with his outrageously cute dog, Mervin the Chihuahua. The two sit down with Forbe...
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Former Miss Universe: Donald Trump called me 'Miss Piggy' and 'Miss Housekeeping' AP Photo/Jason DeCrow A former Miss Universe claimed in a Thursday interview with Inside Edition that she was publicly shamed by Donald Trump, who she said called her "Miss Piggy" after she gained weight. Alicia Macha...
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How To Keep Your Pet Safe This Summer

Forbes - 19 May 2016 23:21
How To Keep Your Pet Safe This Summer While you're having fun in the summer heat, make sure your pet does also, says Joey Teixeira, senior manager, ASPCA Adoption Center, along with his outrageously cute dog, Mervin the Chihuahua. The two sit down with Forbe...
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Sales' New MVP: Marketing

Forbes - 19 May 2016 22:40
This article is by Justin Shriber, senior director, global marketing, LinkedIn Sales Solutions at LinkedIn.
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An Entrepreneurial Journey: From Comic Book Mogul To Breakout Painter Gareb Shamus went from creator of Wizard World to becoming an up and coming painter.
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Overwatch's May 24 launch actually happens May 23 in North America Blizzard’s next big game is coming a little earlier than expected … depending on what continent you live on. The developer has revealed when the servers for its anticipated online shooter Overwatch will go live. If y...
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32-Year-Old Creates New Foodie Fad, Wins On Shark Tank Sitting in her empty apartment, Heather Saffer is drowning in emails from independent retailers and large food chains eager to sell her Dollop Gourmet frosting. Thanks to her Shark Tank May 6, 2016, she expects sales to ...
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Time Machine VR can now transport Rift and Vive users to the age of dinosaurs Virtual reality has the promise to take us to places never possible before. Today, you could go on a dinosaur-filled adventure … as long as you have the right equipment. Time Machine VR has launched today for Oculus Ri...
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Top 5 Disruptive Things Winning CMOs Are Doing And Why They Are Awesome Lyft is a great example of a brand who is using this paradigm to make a dent in the once thought impenetrable Uber brand.
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Instagram now lets advertisers use videos in carousel ads Facebook once again has news involving its use of videos, but this time it involves Instagram. The company revealed that carousel ads on its photo-sharing app will now support use of videos that it hopes will create “a...
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Startup Cities: The Pitch For Innovation

Forbes - 19 May 2016 21:25
Startup Cities: The Pitch For Innovation Every city has challenges for people who want to launch and conduct business, but if more cities focused on their "team", they would attract more people.
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How You're Unknowingly Sabotaging Your Career Potential & What To Do About It We think this is the best way to set ourselves up for success, yet we're unknowingly undermining our happiness and our career potential.
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