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Business News

Location American Business News for 1 March 2013

The Odds Are Very High That Stocks Crater 40% By Fall

Business Insider - 1 Mar 2013 08:37
The Odds Are Very High That Stocks Crater 40% By Fall I don't relish the job of constantly pointing out the risks to the equity markets. But since few on Wall Street seem willing (or able) to do this, I'm "making the call" for a market correction, as enough variables have a...
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What Your Selfie Says About You

Business Insider - 1 Mar 2013 05:58
What Your Selfie Says About You Consider this: Instagram has 100 million active users. And the Facebook-owned photo-sharing service has, at last count, 109 million photos tagged, simply, "#me." By the numbers, if you're on Instagram and you haven't tak...
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The Economic 'Canary In The Coalmine' Is Singing

Business Insider - 1 Mar 2013 04:12
The Economic 'Canary In The Coalmine' Is Singing South Korea's February trade numbers are out. Exports fell 8.6 percent year-over-year to $42.3 billion.  Economists were expecting exports to fall 9.2 percent. Keep in mind that China's New Year holiday was particular...
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Microsoft Thinks We'll All Have Wall-Sized Touchscreens In Our Homes (MSFT) Microsoft opened up a new "Envisioning Lab" at its Redmond headquarters today. It shows off Microsoft's view of what the post-PC world looks like in 5 to 10 years. That vision involves a lot of giant, voice-command, wall...
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Manhattan Escort Breaks Her Back After Jumping From A Sixth Floor Apartment To Escape Alleged Kidnappers A Manhattan escort jumped from a sixth-floor apartment to escape a client she said kidnapped her and forced her to have sex with multiple people, The New York Post reports. Prosecutors say the unnamed woman went to an es...
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World's Biggest Revolver Fired Successfully

Business Insider - 1 Mar 2013 19:04
World's Biggest Revolver Fired Successfully So this is fun. A guy in Poland built a gigantic revolver. Then he fired it. RT reports that "It took Mr (Ryszard) Tobys around 2,500 hours to construct, since most of the parts had to be built by hand." The revolver fir...
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Pentagon Says Lockheed F-35 Flights Can Resume After Engine Trouble The Pentagon has approved flights of Lockheed Martin's F-35 after the fleet was grounded with engine trouble, Tony Capaccio of Bloomberg reports. On February 22 F-35 flights were suspended following the disco...
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Airports big and small may feel effects of federal budget feud Looming budget cuts may lead to the shutdown of control towers at small Southland airports and longer screening lines for passengers at LAX and elsewhere.Get ready for longer lines at Los Angeles International Airport, s...
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U.S.D.A. May Approve Horse Slaughter Plant

The New York Times - 1 Mar 2013 05:31
U.S.D.A. May Approve Horse Slaughter Plant If the U.S.D.A. approves a New Mexico horse slaughtering plant, it would be the first time since 2007 that equine meat for human consumption would be produced in the United States.
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For the love of the book

L.A. Times - 1 Mar 2013 04:39
For the love of the book After reading "The Hunger Games," four teens wanted the story to continue. So in 2010 they put it to video, starring themselves. Now their 10 installments have been viewed 4.5 million times.CHARLOTTE, N.C. — Dunca...
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The Alleged Extravagances Of Mexico's Most Powerful Woman Are Something To Behold Elba Esther Gordillo, the head of Mexico's powerful, 1.5-million strong national teachers’ union, was arrested earlier this week on charges related to corruption. Many see the arrest as an attempt by Mexico's new ...
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Will Swiss 'fat cats' be put on diets? Will Swiss 'fat cats' be put on diets?
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HOUSE OF THE DAY: Top Designer Derek Lam Is Selling His SoHo Condo For $6 Million Derek Lam — the well-known NYC-based designer who has dressed celebrities from Leighton Meester to Diane Kruger — has just listed his SoHo condo for $6 million, according to The Real Deal. The loft looks ou...
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Lumina Copper Corp Enters Oversold Territory Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indi...
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Buffett calls year with 45 pct. profit jump subpar

News Observer - 2 Mar 2013 01:54
Investor Warren Buffett says last year was "subpar" for his company even after posting a 45 percent increase in profit, because the value of Berkshire Hathaway trailed the overall market. Click to Continue »
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Someone alert TMZ! Harvey Levin has JUST  listed his ultra-private retreat in Hollywood Hills West for $5.3 million … The Times has learned … by studying the new listings on the MLS.
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The Rise Of Indie Capitalism

The Huffington Post - 2 Mar 2013 01:45
The Rise Of Indie Capitalism Indie Capitalists believe in our making of all things, with no clear boundaries between consumer and producer, investor and shopper. We are all of them....
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A Slice Of This Pizza Is Only 100 Calories

The Huffington Post - 2 Mar 2013 01:44
A Slice Of This Pizza Is Only 100 Calories Say goodbye to fattening, double-stuffed-crust pizza. The 100-calorie slice is here, courtesy of a Pasadena, Calif.-based restaurant chain that just announced a major U.S. expansion....
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Half of $1B Apple awarded from Samsung invalidated

News Observer - 2 Mar 2013 01:44
A federal judge on Friday erased nearly half of the $1 billion in damages that a jury decided that Samsung Electronics should pay Apple in a high-profile trial over the… Click to Continue »
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NEW YORK (Reuters) - J.C. Penney Co Inc chief Ron Johnson knew before doing a deal with Martha Stewart that it would create a conflict with rival Macy's Inc , which already had a relationship with her.
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Apache Corp.'s Mandatory Convertible Preferred Stock, Series D Crosses Above 7% Yield Territory In trading on Friday, shares of Apache Corp.'s 6.00% Mandatory Convertible Preferred Stock, Series D (NYSE: APA.PRD) were yielding above the 7% mark based on its quarterly dividend (annualized to $3.00), with shares chan...
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Northeast Utilities Becomes #214 Most Shorted S&P 500 Component, Replacing Mattel The most recent short interest data has been released by the NASDAQ for the 02/15/2013 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P ...
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