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Business News

Location American Business News for 28 August 2016

Sears workers reveal why the company is bleeding cash

Business Insider - 28 Aug 2016 01:11
Sears workers reveal why the company is bleeding cash Reuters Sears is bleeding cash. The company's cash and equivalents have fallen to $276 million from $1.8 billion one year ago, Sears said Thursday. The company's sales have been falling for years and it has been shutti...
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China's middle class is exploding

Business Insider - 28 Aug 2016 03:09
China's middle class is exploding Reuters The American consumer has been a central driver of the global economy for decades. Fortunately for the overburdened American consumer, China’s middle class is going to be picking up more of the slack. China’s...
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Silicon Valley investor says the IRS should drop its audit of Donald Trump Brian Ach/Getty Images for TechCrunch Sam Altman, the Silicon Valley investor behind the venture-capital firm Y Combinator, has some thoughts about Donald Trump's tax returns. Tweeting from his personal account on Saturd...
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Why so many female CEOs have blonde hair

Business Insider - 28 Aug 2016 00:11
Why so many female CEOs have blonde hair AP Photo It’s rare for a woman to make it to the very top of a large corporation these days, and it’s rare for an adult human to have blond hair. But blond women are far more likely to end up a chief executive or U.S...
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Mobile gaming rules TV in the dog days of summer

Venture Beat - 28 Aug 2016 00:00
Mobile gaming rules TV in the dog days of summer GUEST: Apparently, viewers are hyped on vikings, race cars, and mobile militaries With no console games charting, mobile brands dominate the leaderboard, featuring familiar names like Supercell, Machine Zone and King. Ou...
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Is the Brexit vote the new millennium bug?

The Guardian - 28 Aug 2016 13:58
Is the Brexit vote the new millennium bug? Some of the claims of the immediate economic consequences of voting leave have been unfounded, but it is too early to declare peace Do you remember Y2K? The millennium bug? For the benefit of younger readers, fears grew ...
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Is doomsday inevitable for Venezuela?

USA Today - 28 Aug 2016 00:30
Is doomsday inevitable for Venezuela? Venezuela has been hit by the 24 months collapse in oil prices.          
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Booed off stage: 5 things standup comedy taught me about launching a startup GUEST: In September 2013, I sold my second startup, automated lead-generation platform Marketfish, and found myself with the free time to pursue one of my great passions on the side of my professional pursuits: standup c...
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Mylan's EpiPen Price 'Cut' An Outdated Drug Industry PR Move Even paying patient EpiPen copayments isn't blunting Mylan Pharmaceuticals 400% price increase for the live-saving auto-injection treatment for allergy sufferers.
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What can we do about incompetent management companies that waste money? Question: Our homeowners association is going on our third manager and management company in four years -- an experience that has wasted countless hours and money. The work we need to be done gets hijacked by managers wh...
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The most hotly debated policing strategy of the last 20 years is far from finished Reuters Calls to reform police departments have echoed across the country with renewed energy in recent years, as cities from New York and Chicago to Baltimore and Milwaukee face increasing pressure to police less aggre...
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This Suburban Dad Positioned His One-Man Business To Break $2 Million This Year Not many people break $1 million in a one-person business. Laszlo Nadler, whose startup appeared in this blog last year, blasted through that milestone in 2015. This year, the father-of-two, based in East Brunswick, N.J....
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JACKSON HOLE, Wyo.
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The Bank of Japan is worried about a stock market crash

Business Insider - 28 Aug 2016 01:04
The Bank of Japan is worried about a stock market crash REUTERS/Toru Hanai No central bank of a developed country equals the Bank of Japan in trying to manipulate the stock market up by buying equities. The BOJ has done this for years. With breath-taking ineffectiveness. So o...
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4 Things You Shouldn't Assume About Work-At-Home Micropreneurs Business owners who work at home are often misunderstood. As someone who has run a successful home business for 10 years, I'm here to set the record straight.
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Trouble's brewing in Canada

Business Insider - 28 Aug 2016 19:00
Trouble's brewing in Canada REUTERS/Victor Fraile There’s trouble brewing in the Great White North. Jared Dillian, former Lehman Brothers trader and noted financial writer, says that low oil prices have hurt the Canadian economy and the real esta...
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After Brexit, Philip Hammond can make a strong case for investment This year's autumn statement, the new chancellor's first, is a very big deal indeed Autumn statements come and go. Like comets, they blaze across the political sky for a couple of weeks in November and December before di...
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City officials and a local Realtor still hope to fill a city-owned, 173-acre industrial park that has been vacant for the last seven years. …
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Health-care exchange sign-ups fall far short of forecasts

Washington Post - 28 Aug 2016 06:08
Health-care exchange sign-ups fall far short of forecasts Several companies, citing financial losses, stop offering plans, which may leave some markets with only one insurer.
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Math Camp shuttering Shorts and Roll apps on August 30 following Pinterest acquisition More than a month after it was acquired by Pinterest, Math Camp announced in emails to users that it is shutting down its photo sharing apps Shorts and Roll at 12:01 a.m. on August 30. The company advises that you should...
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Should The Boss Apologise For Having An Affair? The British Press is calling its latest sex scandal “Lloyd’s Bonk”. The nation’s largest retail bank, still partly owned by the UK government has been caught with its trousers down. Or, rather, the man in charge ...
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The Case For The Girl Power Coffee Date

Forbes - 28 Aug 2016 21:23
The Case For The Girl Power Coffee Date It was Eataly's Nutella Bar where I first met Samantha Rose, the founder of GIR. Amidst the crowds, we stood at a counter and chatted over coffee...
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