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Business News

Location American Business News for 17 November 2012

Stewart on U.S. Grand Prix

CNN - 18 Nov 2012 01:54
Racing legend Jackie Stewart gives his thoughts on the United States Grand Prix and how the title race may end.
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On Sunday, Sebastian Vettel will start on pole position for the 36th time in the 100th race of his Formula One career, with the opportunity to become the sport's youngest triple world champion.
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ROME (Reuters) - Diesel brand founder Renzo Rosso is considering expanding into jewelery and launching a new project in Japan to fuel growth at his fashion group despite the global economic turmoil.
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Outrage as AA's owner Acromas pays just 2.7% in corporation tax on profits After Google, Starbucks and Amazon, Acromas is the latest big company to come under attack Private equity firms looking to make millions of pounds from selling the AA breakdown service have come under attack for the tiny...
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David Paul: Just Do It: A 10-Point Solution for the Fiscal Cliff This should not be so hard. The fiscal cliff is nothing more than one more set of self-imposed deadlines that Congress put in place so that they could comply with their own rules. We have seen this before.
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Keystone XL activists to press Obama again to block oil pipeline Environmental groups to hold rally at White House on Sunday after president promised to make climate change a priority Environmental groups will step up the pressure on Barack Obama to act on climate change in his second...
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Netflix’s Reed Hastings says Amazon Prime loses $1B annually Amazon could be losing up to $1 billion per year on its streaming video service Amazon Prime, according to Netflix CEO Reed Hastings.
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The Twinkie Isn't Dying, It's Just Moving To Mexico

The Huffington Post - 18 Nov 2012 00:15
The Twinkie Isn't Dying, It's Just Moving To Mexico Who knew there were so many Twinkie diehards? The announcement that Hostess Brands would shutter and liquidate its 33 bakeries - including its Twinkie-making plant...
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JC Penney Struggles Not To Be Your Grandmother's Store

The Huffington Post - 18 Nov 2012 00:08
JC Penney Struggles Not To Be Your Grandmother's Store NEW YORK -- J.C. Penney CEO Ron Johnson seems unfazed that the department store chain's mounting losses and sales declines have led to growing criticism...
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Quiz: Hostess and Its Cakes

The New York Times - 17 Nov 2012 23:59
Quiz: Hostess and Its Cakes Hostess Brands announced plans to wind down operations and sell off its brands. Test your knowledge of Hostess and the cakes it is known for.
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Is This Grass The Next Energy Miracle?

The Huffington Post - 17 Nov 2012 23:52
Is This Grass The Next Energy Miracle? OXFORD, N.C. — It's fast-growing and drought-tolerant, producing tons of biomass per acre. It thrives even in poor soil and is a self-propagating perennial, so...
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The Boss: Keurig’s President, on Stepping Back to Lead Better The president of Keurig, the single-serve brewing business, says she twice took herself out of the corporate race, and emerged a better leader as a result.
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Marcellus Shale County Aims for Long-Term Gain

The New York Times - 17 Nov 2012 23:47
Marcellus Shale County Aims for Long-Term Gain Williamsport, Pa., and its surrounding area have made efforts to keep the benefits of the Marcellus Shale boom from evaporating in the event of a bust.
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MEXICO CITY (Reuters) - The world's richest man, Carlos Slim, is set to become the top shareholder in troubled Spanish soccer team Real Oviedo after investing 2 million euros ($2.4 million) in the club, his third known s...
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Bring your own device, but who owns your data?

Venture Beat - 17 Nov 2012 22:30
Bring your own device, but who owns your data? Guest Post When you lose your personal cell phone, does your employer have the right to remotely wipe all your data?
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Career Couch: In a Work Wardrobe, the Best Accessory May Be Confidence Dressing smartly for work doesn’t have to mean spending tons of money on a huge wardrobe.
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Privatizing Greece, Slowly but Not Surely

The New York Times - 17 Nov 2012 22:07
Privatizing Greece, Slowly but Not Surely As Greece redoubles its efforts to cut its debt and stoke its economy, privatization is viewed as a last hope for luring foreign cash. But the effort has been sputtering.
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Clinton: U.S. budget deal vital to global role

Market Watch - 17 Nov 2012 22:07
Speaking in Singapore during a tour of Asia, U.S. Secretary of State Hillary Clinton reportedly said that reaching an agreement to resolve America’s budget woes and the impending “fiscal cliff” is vita...
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The plight of the non-technical founder: How to earn a hacker of your own Guest Post Non-technical wannapreneurs spend so much time searching for co-founders who code. Perhaps that time can be better spent.
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Should we boycott Google, Starbucks and Amazon?

The Guardian - 17 Nov 2012 22:00
Should we boycott Google, Starbucks and Amazon? Margaret Hodge and Jeff Jarvis debate the rights and wrongs of the revelation that Google, Starbucks and Amazon pay so little tax in the UK Margaret Hodge MP, chair of the public accounts committee From now on I will be ...
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2 missing in wake of Gulf of Mexico oil rig fire

Market Watch - 17 Nov 2012 21:54
Government officials continue to search for two missing oil rig workers missing after an oil platform in the Gulf of Mexico exploded, according to reports.
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Economic View: How Pollsters and Analysts Won Big on Election Day In this election cycle, three groups deserve much admiration: people who run political polls, those who analyze the polls and those who figure out how to help campaigns connect with voters.
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