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Business News

Location American Business News for 1 September 2016
Recently, LinkedIn announced that it is expanding LinkedIn Pro Finder — its marketplace which connects businesses and freelancers nationwide in the U.S. The company began piloting this platform in October last year and...
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Tata Motors' India Business Is Heading In A Positive Direction Only ~10% of Tata Motors‘ valuation comes from the standalone business, as per our estimate. At the helm of Tata’s problems in India remained lower-than-expected sales in the passenger vehicle and light commercial ve...
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5 passengers killed in Alaska mid-air plane crash

Business Insider - 1 Sep 2016 00:50
5 passengers killed in Alaska mid-air plane crash AP Photo/Alaska State Troopers Two small planes carrying a total of five passengers collided in mid-air in Alaska Wednesday morning, authorities said. All five people are dead, according to Alaska State Troopers. The cra...
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Aeropostale Gets A Last Minute Bid To Save Stores Aeropostale gets a last-minute bid to keep stores open.
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Chrome 53 arrives with new developer features

Venture Beat - 1 Sep 2016 01:22
Chrome 53 arrives with new developer features Google today launched Chrome 53 for Windows, Mac, and Linux. This release is mainly focused on developers, but there’s no reason for anyone to hold off from updating. You can update to the latest version now using the ...
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Israel Courts Foreign Money in Effort to Become Gas Exporter

The New York Times - 1 Sep 2016 21:12
Israel Courts Foreign Money in Effort to Become Gas Exporter The campaign is a major shift for a country whose government wrestled with how to regulate the energy industry.
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DYK? You must inform bank if you continue your salary account with a new employer Update the bank with the new employer's information as lenders convert the account into a savings account if no salary is received by the registered employer for three months in a row
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If you can't monitor portfolio, choose MFs over direct equity How much you can manage your investments on your own and how much help you need will determine the method you adopt to investing
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Govt capital expenditure falls in first four months of current fiscal year The central government's capital expenditure went down by 17.1% over April-July 2016, compared to the same period a year ago
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How Sina Can Do More to Unlock Weibo Value

Wall Street Journal - 1 Sep 2016 13:48
Chinese internet portal Sina is passing out shares in popular Twitter-like service Weibo as a way to boost its own stock price. It can afford to do more.
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Its net loss narrowed to $38.1 million, or 30 cents per share, in the second quarter from $50.2 million, or 42 cents per share, a year earlier.
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'Star Wars' fuels toy industry to record sales

New York Post - 1 Sep 2016 06:00
'Star Wars' fuels toy industry to record sales The force is strong with the toy sellers. The US toy industry is coming off its best year in more than a decade and is expecting this year to be just as strong, thanks to the "Star Wars" juggernaut. US toy sales rose 7 p...
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Goldman Sachs looks at trading future done only by computers Goldman Sachs is a money-making machine -- literally. The Wall Street firm is planning for a future when more bond trading is done automatically by computers, a departure for a line of business that heretofore has been b...
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Simi Valley woman awarded $15.4 million after investing in Ponzi scheme pushed by insurance salesman A Simi Valley retiree was awarded $15.4 million in damages Wednesday after insurance giant MetLife was found liable for losses she suffered in an investment that turned out to be a Ponzi scheme. A Los Angeles Superior Co...
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Twitter co-founder says company must consider sale

New York Post - 1 Sep 2016 04:39
Twitter co-founder says company must consider sale Maybe a little bird told him. Twitter co-founder Evan Williams, who sits on the board of the microblogging service and is its biggest shareholder, said the company must consider a sale. When asked whether Twitter was a t...
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Are chatbots an evolution or a revolution?

Venture Beat - 1 Sep 2016 23:10
Are chatbots an evolution or a revolution? GUEST: Chatbots are a hot topic in tech — positioned at the intersection of many macro tech trends like the rise of artificial intelligence, messaging apps surpassing social apps in users, and enterprises struggling wi...
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Will chatbots ever hold a real conversation?

Venture Beat - 1 Sep 2016 21:10
Will chatbots ever hold a real conversation? GUEST: There’s a lot of chatter about chatbots these days and how we might be able to use them in the future. The biggest question seems to be whether chatbots can be useful enough to convincingly replace human convers...
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5 things you should know about Ark's Scorched Earth expansion Ark: Survival Evolved is still in early access, but that doesn’t mean it can’t get an expansion. Studio Wildcard is launching Ark: Scorched Earth on Xbox One and Steam today for $20. This add-on introduces a desert b...
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Valuing A Business For Sale - A Buyer and Seller Standoff There is a long held belief in the business for sale sector that a business is worth what a buyer is willing to pay and what a seller is willing to accept. Theoretically it sounds wonderful; practically, it does not wor...
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Twitter testing Periscope feature that pulls video from external sources Twitter is testing a feature in Periscope that lets a limited number of broadcasters incorporate video from external sources, meaning that you soon may no longer be restricted to livestreaming video solely from your mobi...
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Why Facebook Messenger doesn't have a bot store

Venture Beat - 1 Sep 2016 22:31
Why Facebook Messenger doesn't have a bot store More than 18,000 Facebook Messenger bots have been created since Mark Zuckerberg opened the platform to developers more than four months ago. But today there is no easy way to search and sort them. There is no single web...
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Samsung begins 'thorough inspection' of Note7 following reports of exploding batteries Samsung acknowledged that it is conducting a “thorough inspection” of its supply of Galaxy Note7 smartphones following reports this week of battery explosions. However, the company declined to comment on whether it w...
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