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Business News

Location American Business News for 12 December 2016
Wall Street's old, unwanted bond salesmen find a home in Chicago Arthur Main learned the hard way that Wall Street is a young person's game. After a quarter-century at Morgan Stanley, Main -- like countless old-school types who came of age in the '80s -- was kicked to the curb as bank...
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Republicans are eagerly planning initial votes next month on dismantling President Barack Obama's health care law, a cherished GOP goal. But many worry that while Congress tries to replace it, …
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High court orders DLF to give land rights to buyers' association As per the homebuyers' petition, the project was marketed to be on 30 acres, but size was reduced to 12.67 acres in the apartment buyers' agreement
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The Latest on President-elect Donald Trump (all times EST): 11:40 a.m. Donald Trump has spoken with Spanish Prime Minister Mariano Rajoy. A statement from Rajoy's office said the prime minister …
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Hedge Fund Driven by Anonymous Ideas Gets New Investments

The New York Times - 12 Dec 2016 15:24
Numerai makes its investments based on models submitted by data scientists, who are allowed to remain anonymous and who are paid in Bitcoin.
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Montgomery F. Moran to Step Down as Chipotle Co-Chief Executive Steve Ells, the company's founder and other co-chief executive, will keep his job as C.E.O. Mr. Moran is expected to leave early next year.
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Shares of Lockheed Martin fell as President-elect Donald Trump tweeted that making F-35 fighter planes is too costly and that he will cut "billions" in costs for military purchases. Lockheed …
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Chipotle Shakes Up Its Leadership Team: Co-CEO Moran To Step Down Founder Steve Ells will remain the sole CEO of Chipotle, which has failed to rebound from a string of food-safety incidents. Founder Steve Ells will remain the sole CEO of Chipotle, which has failed to rebound from a str...
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Russia's doping cover-up went far beyond the Olympics, according to a vast archive of emails released by a World Anti-Doping Agency investigator. Besides the 12 medal winners from the 2014 …
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The 10 Best Ads of 2016

AdWeek - 12 Dec 2016 03:00
The 10 Best Ads of 2016 It's been an undeniably rough year, but at least we had some brilliant advertising along the way to inspire, amuse and delight us. Adweek's picks for the 10 best ads of 2016 are an extremely varied collection, from comed...
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Here are top 25 GIFs of 2016 according to Giphy

Venture Beat - 12 Dec 2016 21:54
Here are top 25 GIFs of 2016 according to Giphy They say a picture is worth a thousand words, and in the age of the internet, GIFs are the embodiment of that. These moving images have penetrated society’s lexicon over the past years, enabling scores of people to sim...
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First Republic Buys Student-Debt Startup Gradifi

American Banker - 12 Dec 2016 21:22
First Republic Bank in San Francisco has bought Gradifi, a two-year old firm that works with small and large companies to help their employees pay down student debt.
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Victoria's Secret Red-Faced After Booting Black Woman From Store An Alabama woman says she and another black woman were asked to leave a store -- because a black woman was caught shoplifting there.
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A source familiar with a deal being announced between Cuba and Google says it will make Google websites like YouTube run up to 10 times faster on the island. Google …
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Transatomic is Attempting Next Generation Nuclear Power Dr. Leslie Dewan and her team at the start-up Transatomic are designing a nuclear reactor that can produce much more electricity than a conventional reactor, while creating much less nuclear waste. To implement their vis...
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Report fake currency notes details daily, RBI tells banks RBI notification says that banks have to submit branch-wise data on these counterfeit notes received during the period 10 November to 30 December
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CEO Talk: Sebastian Siemiatkowski

The Huffington Post - 12 Dec 2016 21:44
CEO Talk: Sebastian Siemiatkowski Sebastian Siemiatkowski is the CEO and co-founder of Swedish giant Klarna, a payment solutions provider. He has eight years of experience in sales, including being former Head of Sales at Djuice Uppsala. Siemiatkowski ha...
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Christie's auction house has been accused in a lawsuit of using a computer program to scrape research, images and price information from a rival's website and then reselling it as …
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New Italian coalition government to be sworn in

News Observer - 12 Dec 2016 20:51
Italian Premier-designate Paolo Gentiloni succeeded in forming a new government on Monday, keeping key ministers from the coalition of fellow Democrat Matteo Renzi, who resigned last week. Gentiloni said he …
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What Happened When One CEO Decided To Talk Openly About Race

The Huffington Post - 12 Dec 2016 14:07
What Happened When One CEO Decided To Talk Openly About Race Talking frankly about race relations isn’t the kind of thing that normally happens at a massive accounting firm. But this past summer, PricewaterhouseCoopers took time out to do just that, starting a conversation that�...
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5 Exercises to Master Your Elevator Pitch

The Huffington Post - 12 Dec 2016 21:44
5 Exercises to Master Your Elevator Pitch Elevator pitches can be highly effective, but only if you've spent time perfecting them. An elevator pitch is so named because it could theoretically be given in the time it takes an elevator to reach your destination. I...
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After CEO Ouster, Interim Alexion Boss Says 'We Need To Move On' "One thing I feel about the culture of this company is how deeply people in the company feel about this mission of the company," says interim CEO David Brennan. "We have no intention of changing that."
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