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Business News

Location American Business News for 20 May 2016
House leaders, White House reach agreement on Puerto Rico rescue bill Deal would help restructure the island's $72 billion debt.
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Wall Street higher at open

Reuters - 20 May 2016 15:33
(Reuters) - U.S. stocks opened higher on Friday as investors digested the possibility of a June rate hike, a day after the S&P 500 fell to its lowest in two months.
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Yahoo bids less than expected, report says

USA Today - 20 May 2016 14:31
Yahoo bids less than expected, report says Bids for Yahoo may be lower than the struggling Net company -- and shareholders -- hoped.          
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Twitch partners with TBS Eleague esports series featuring Counter-Strike: Go shooter Even if you’re launching esports on your cable channel, you probably still want to include Twitch. The livestreaming site announced today that it will broadcast live event and on-demand content for Turner’s new espor...
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Discover, other credit cards, continue to ease access to credit scores The proliferation of free credit scores really has changed the game for consumers.          
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Why the 'People Stuff' Is Key To Effective Change “You have brains in your head. You have feet in your shoes. You can steer yourself any direction you choose.”
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Jackie Arnett Elnahar, Founder of TelaDietitian, lets us know what our body needs to have a successful mind, and in turn, a successful business
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VW gives 120,000 workers a 5% raise

CNN - 20 May 2016 15:00
VW gives 120,000 workers a 5% raise The Volkswagen Group is in big trouble for its emissions cheating scandal, but that's not stopping its workers from getting a healthy raise and bonus.
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The US is using Vietnam-era warplanes to kill ISIS fighters with sniper-like accuracy Associated Press Even decades-old warplanes can have an interesting second act, provided they get the right upgrade. Many military observers were baffled when The Daily Beast reported that the Pentagon had deployed a ...
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How much does it cost to start a software company? A lot of startups talk about revenue, but not many talk about costs--operating or starting up.
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Caesars nears approval of controversial bankruptcy plan Leon Black is trying to put together a strong hand in his 18-month battle with fellow billionaire investor David Tepper. Caesars Entertainment, owned by Black's Apollo Global Management and TPG Capital, is close to getti...
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Flickr/Be.futureproof On Thursday, health-insurance giant Cigna announced it was taking major steps to prevent and treat addiction. While the company is specifically targeting addiction to opioid painkillers like OxyC...
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A Diego Rivera painting has sold privately for $15.7 million, setting a world record price for any Latin American work of art, Phillips auction house said Friday. …
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Gold Stabilizes After Recent Sell-Off

Forbes - 20 May 2016 14:33
Gold Stabilizes After Recent Sell-Off Gold prices are slightly higher and have at least temporarily stabilized following the selling pressure Wednesday and Thursday that pushed prices to a three-week low.
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Strategies: 9 secrets to getting an extra hour a day Productive entrepreneurs and small business owners know how to squeeze out more time.          
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Vakilsearch Disrupted Indian Legal Services Provision And Became A Startup Hero They're a bit like the Uber of legal services - except India's Vakilsearch are huge advocates of the Indian startup scene, quickly becoming the go-to company for a huge number of incorporations, and making them well-qual...
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Nasdaq fights to keep IEX from becoming new stock exchange There's an epic struggle on Wall Street to keep IEX from becoming the newest US stock exchange. And now, a rival is taking on the government to make sure it doesn't happen. Nasdaq took the Securities and Exchange Commiss...
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Cable employees are preparing for layoffs

New York Post - 20 May 2016 06:11
Cable employees are preparing for layoffs TV land is bracing for a new wave of cuts after the takeovers of two big cable players. Employees of Time Warner Cable and Cablevision are scrambling to line up jobs with the expectation that there will be more layoffs a...
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Most Obamacare enrollees are satisfied with coverage, but worries over costs are rising Most Americans enrolled in health plans through the Affordable Care Act are happy with their coverage, despite persistent attacks on the health law by Republicans, including presumptive presidential nominee Donald Trump....
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The head of Morgan Stanley's joint venture in China is stepping down, a person familiar with the matter said.
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Verizon Communications Inc. and others are expected to bid around $2 billion to $3 billion in the auction for Yahoo Inc.'s core business, less than what the troubled Internet pioneer was expected to fetch, according to p...
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How Digital Marketing is Changing the Music Industry Few industries understand the need to evolve more than music.
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