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Business News

Location American Business News for 5 June 2018
Million Dollar Seller? California Indie Quartet Vista Kicks Releases New Single Into Public Domain With the release of their latest single into the public domain, California indie quartet Vista Kicks acknowledge the quickly changing music industry and hope to overhaul a stale business model.
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Baby boomers are refusing to leave the workforce

New York Post - 5 Jun 2018 04:21
Baby boomers are refusing to leave the workforce A startling number of baby boomers are refusing to leave the workforce. And that's going to have an impact on everyone in younger generations wanting to replace them. In fact, people over 65 are staying in the workforce ...
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US job openings tick up to new record high

ABC News - 5 Jun 2018 16:32
US job openings tick up to new record high US job openings rise in April to record high for second straight month
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Video reportedly shows Athenahealth CEO's lewd behavior at industry event The hits keep coming for Athenahealth Chief Executive Jonathan Bush. Just three days after The Post reported that Bush settled a sexual harassment claim with a former employee in 2009, a video of Bush behaving in an inap...
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Apple's Cook aims at Facebook in interview, saying 'the privacy thing has gotten totally out of control' (AAPL) (Photo by Astrid Stawiarz/Getty Images for RFK Human Rights) Apple CEO is aiming at Facebook again. When it comes to privacy, industry self-regulation isn't working and suggested the government may need to step in, Cook ...
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Police swarmed the home of high school shooting survivor and gun safety advocate David Hogg after prank phone call Andrew Harnik/AP The home of David Hogg, a survivor of the shooting atMarjory Stoneman Douglas High School, was "swatted" on Tuesday after a prank phone call told law enforcement there was a hostage situation at the resi...
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This ex-Googler has big plans to kill the 'Amazon experience' of online shopping Neha Singh Obsess is an online virtual shopping platform that lets users shop in a discovery-oriented context. Its founder, ex-Googler Neha Singh, hopes to create the e-commerce platform of the future, where users will s...
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(Reuters) - Conservative billionaire industrialist David Koch is retiring from his roles at Koch Industries and associated companies due to poor health, according to an internal memo seen by Reuters.
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Government loses more than £2bn on RBS stake sale The shares were sold at almost half the price the government paid in its £45bn bailout of RBS in 2008.
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Here's why you should be wary about May's jobs numbers The gains in the job market in May were impressive. But there's something I need to point out. May is one of those months for which the Labor Department makes a guess that a large number of jobs were created by companies...
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New Jersey somehow let Delaware win sports betting race This is how screwed up New Jersey is. After spending millions of taxpayers' dollars in what was ultimately a successful lawsuit to legalize sports betting, New Jersey allowed Delaware to beat it to the punch in getting t...
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Discovery signs $2B deal with PGA Tour

New York Post - 5 Jun 2018 04:17
Discovery signs $2B deal with PGA Tour Discovery on Monday waded even deeper into sports, signing a $2 billion, 12-year deal with the PGA Tour to air and stream live events and archival footage outside the US. The deal begins on Jan. 1 and runs through 2030. ...
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Apple's Tim Cook says he's also spending too much time with his phone (AAPL) Justin Sullivan/Getty Images Apple CEO Tim Cook said he spends too much time on his phone. Cook said he discovered his overuse while testing out some new tools the company unveiled Monday at its developer conference that...
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Sears borrows $186 million from funds tied to CEO, Bill Gates to pay off debt Sears is borrowing another $186 million from familiar sources: affiliates of Chairman and CEO Edward Lampert and Bill Gates' Cascade Investment. Hoffman Estates-based Sears Holdings Corp. already owed Cascade and affilia...
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Shop closures hit UK's smaller retail centres hardest The UK's smaller shopping centres bore the brunt of retail closures last year, but niche outlets expanded.
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WATCH: Starbucks executive chairman Howard Schultz is stepping down Schultz says he's considering "philanthropy to public service."
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A new study says you can spot a narcissist by one distinct feature Shutterstock According to a new study, people tend to view you as narcissistic if you have thicker and denser eyebrows. Researchers think this could be because well-groomed eyebrows mean you focus a lot of energy on look...
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Owner Hudson's Bay abandons earlier plan to operate smaller version of landmark store, citing focus on online sales
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A South Dakota businessman and philanthropist has donated $100 million to the National University System, a nonprofit that focuses on education and philanthropy initiatives. The donation by T. Denny Sanford …
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(Reuters) - Billionaire investor David Tepper's hedge fund Appaloosa Management and Senator Investment Group on Tuesday asked Allergan Plc's board to split the office of the chief executive officer and chairman.
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China just extended Trump a massive olive branch to try and calm the trade battle China has offered to purchase close to $70 billion worth of US good over the next year, according to the Wall Street Journal. The deal would include purchases ofsoybeans, corn, natural gas,crude oil, coal, and more. It c...
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Older lawmakers are 'legislating selfishly'
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