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Business News

Location American Business News for 5 March 2013
A New Generation Of Supercars Was Born At The Geneva Motor Show The Geneva Motor Show opened to the press on Tuesday, and while there are clear signs of the disastrous state of the European auto market, there's plenty of glitz and glamour on display as well. That's because European l...
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Microsoft: No, We're Not Abandoning Our Anti-Google Campaign Microsoft has no intention of completely ending its Google-bashing ad campaign, "Scroogled," the company told Business Insider. Reports flew on the Internet today that Microsoft would kill off the controversial effort wh...
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Jamie Lee Curtis Blasts Seth MacFarlane's 'Boobs' Song In New Blog Post Jamie Lee Curtis was so offended by Seth MacFarlane's "We Saw Your Boobs" Oscars song that she wrote a whole blog on the The Huffington Post about it. In a post titled "And the Oscar Goes to... Hell," the 54-year-old ...
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Martha Stewart defends J.C. Penney deal

NBC News - 6 Mar 2013 01:45
Martha Stewart defends J.C. Penney deal Home diva Martha Stewart testified in court on Tuesday that she did nothing wrong when she signed an agreement to open up shops within most of J.C. Penney's stores across the country.
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Best Buy CEO: 'You Need To Feel Disposable, As Opposed To Indispensable' (BBY) Hubert Joly, the new chief at Best Buy, has made a bold move to totally revamp the culture at the struggling consumer electronics big box chain. Last November at an investor conference, Joly gave a revealing quote to the...
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Finra panel says Tanner does not have to pay back promissory note; document, document, document
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David Peck: Can NextGen CEO's Guide Us to a Different Era of Capitalism? While not too long ago many CEOs were hipsters, time seems to have taken its toll. These days, most operate as minders of the status quo -- old-school capitalists, equal parts American Dream, ever-higher profits, low or ...
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See The New Jersey Factory Where Cocaine Is Removed From The Ingredients Of Coca-Cola (KO) For decades, Coca-Cola has worked to correct the misimpression that its signature beverage, Coke, used to contain cocaine. Coke did once contain trace amounts of the drug, but even those were removed completely from the ...
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LEGO Made An Awesome Ad To Celebrate The Mars Rover

Business Insider - 5 Mar 2013 22:21
LEGO Made An Awesome Ad To Celebrate The Mars Rover As NASA's Curiosity Rover explores Mars, LEGO decided to re-imagine what the scene would look like if the famous blocks were on the red planet. And it looks pretty cool. Oreo has been bringing in all the recent headlines...
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Legendary Architect Zaha Hadid Is A Terror To Work For

Business Insider - 5 Mar 2013 20:39
Legendary Architect Zaha Hadid Is A Terror To Work For Zaha Hadid is one of the world's most respected architects, she was the first female winner of the Pritzker Prize, architecture's highest award, and has built dramatic and famous buildings around the world, including the...
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Twitter to shut down Android, iOS versions of TweetDeck Twitter is discontinuing versions of its TweetDeck client for Android, iPhone/iPad, and Adobe Air.
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Putting Stocks in Hock: Securities Back More Big Loans

Wall Street Journal - 5 Mar 2013 05:02
Wealthy investors are embracing a somewhat surprising and potentially risky strategy: pawning their stocks and bonds.
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Heinz CEO To Get Huge Pay Out If He's Fired

The Huffington Post - 5 Mar 2013 04:53
Heinz CEO To Get Huge Pay Out If He's Fired March 4 (Reuters) - H.J. Heinz Co Chief Executive William Johnson would receive about $56 million if he gets terminated following the ketchup maker's...
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JCP Shares Dive After Hours On Report That Investor Is Trying To Dump A HUGE Stake In The Company (JCP) Earlier this afternoon, CNBC's John Melloy reported that a major JC Penney shareholders was trying to dump 10 million shares of stock at a price range of $16.40 to $16.60. Melloy reports that the seller is Vornado Realty...
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Infamous Drug Lord Dropped From Billionaires List

The Huffington Post - 5 Mar 2013 03:27
Infamous Drug Lord Dropped From Billionaires List MEXICO CITY — Top Mexican drug lord Joaquin "El Chapo" Guzman has dropped off Forbes magazine's billionaires' list after four years on it. Guzman is...
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Torrent Site Pirate Bay Claims To Have Moved Servers To North Korea The Pirate Bay, a popular bit torrent website, is claiming they've found a new source of refuge: the "hermit kingdom" North Korea. Various international litigators have chased The Pirate Bay all around the globe, insisti...
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CHART OF THE DAY: The Incredible Destruction Of Apple (AAPL) Apple's stock fell to another new low point of its current crash, closing at $420.15. It's an incredible decline for the stock which was at $700 in September. If you want a rational reason for the stock's decline, we hav...
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2013 Forbes Billionaires List: China's Billionaire Auto Enterpreneurs China’s business boom in the past three decades has made its economy the world’s second largest, and turned its automobile market into the world’s largest. Many of the industry’s biggest succe...
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FindTheBest raises $11M to kill comparison shopping hell FindTheBest is the first and only site that I've seen that lets you compare both STD clinics and dog breeds -- so it probably deserves the $11 million its getting.
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300 staff lose their jobs at Axminster Carpets

The Guardian - 6 Mar 2013 01:57
300 staff lose their jobs at Axminster Carpets Company fell into administration following a sharp increase in the cost of raw materials and a fall in sales About 300 staff have lost their jobs at Axminster Carpets after the company that supplied Brighton Pavilion and...
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VENEZUELA VP SAYS HUGO CHAVEZ IS DEAD

Business Insider - 6 Mar 2013 01:55
VENEZUELA VP SAYS HUGO CHAVEZ IS DEAD Venezuelan Vice President Nicolás Manduro says President Hugo Chavez has died, Reuters reports. The 58-year-old Venezuelan President has been fighting an undisclosed type of pelvic cancer since at least June 30, 2011,...
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Verizon wants all of Verizon Wireless — considering a Vodafone merger or buyout Verizon no longer wants its wireless destiny tied to the European carrier Vodafone.
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