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Business News

Location American Business News for 11 June 2013
Apple's New Weather App Looks A Lot Like Yahoo's Updated Weather App (AAPL, YHOO) A lot of people were buzzing about this. We suppose it's a compliment to Yahoo's design team? Here's Apple's new weather app. Below it, we have Yahoo's. Here's Yahoo's app. Similar, no? Please follow SAI on Twitter and F...
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Too Many Happy Returns for H&R Block

Wall Street Journal - 11 Jun 2013 23:53
Ahead of the Tape: America's largest tax preparer is feeling chipper these days. Even so, it is a far cry from the old H&R Block.
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Here's What We Think Lamborghini's New Gallardo Will Look Like Lamborghini is expected to unveil the Gallardo's replacement in Frankfurt this September. These exclusive images depict the next Raging Bull. It's Lamborghini's best-selling car of all time, but after being on the market...
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Bikini Billboard In Budapest Briefly Becomes The Best Placed Billboard Of All Time Central Europe is now seeing flooding like it hasn't seen in a decade. Thanks to rising waters in Hungary, this billboard with a woman on a bikini now has to be in the pantheon of the best-placed billboards of all time. ...
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Springleaf Talks With Bank About IPO

Wall Street Journal - 11 Jun 2013 02:46
Subprime lender Springleaf Finance Corp. is in discussions with banks about a possible initial public offering, as roaring markets and a budding U.S. economic turnaround give new life to some companies once on the brink.
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Lululemon's shares fall after CEO announces exit

Miami Herald - 11 Jun 2013 23:59
Lululemon Athletica's CEO Christine Day may not be a household name to the athletic wear company's legions of loyal shoppers. But for investors, she's the face of the chain.
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Chinese Internet provider signs King James

Miami Herald - 11 Jun 2013 23:54
James will star in a Chinese advertising campaign promoting the NBA2K video game in a market that's a prime target for the NBA and a growing source of endorsement dollars.
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NC Senate pitches 'compromise' tax overhaul plan

News Observer - 11 Jun 2013 23:54
The North Carolina Senate unveiled a new tax overhaul plan Tuesday that would gradually eliminate corporate taxes without adding any new sales taxes to services.
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Major Study Reveals Disturbing Discrimination

The Huffington Post - 11 Jun 2013 23:53
Major Study Reveals Disturbing Discrimination WASHINGTON (AP) -- A major federal study has found that minority renters and homebuyers who test the housing market for discrimination were told about and...
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PHILADELPHIA (AP) -- A Philadelphia lawyer says a subcontractor charged in a deadly building collapse is a scapegoat who was merely following orders.
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Lululemon's Billionaire Founder Chip Wilson Loses $600 Million In A Day California-born surfer turned Canadian yoga billionaire, Dennis "Chip" Wilson, has lost more than $600 million in the past day, as shares of Lululemon Athletica, the trendy yoga athletic apparel company he founded in Van...
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LONDON
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EXPERT: Cyberattacks Are More Dangerous To The Energy Grid Than Superstorms Last fall nine million households on the East Coast lost power because of Superstorm Sandy, according to the U.S. Energy Department. And many of those households suffered outages lasting days or weeks rather than hours. ...
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Agios Pharmaceuticals Inc. is the latest Massachusetts biotechnology company to explore an initial public stock offering this year. In a regulatory documents, Cambridge-based Agios said it is planning to move forward wit...
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A Photographer Climbed To The Top Of Dubai's Burj Khalifa Skyscraper To Get The Perfect Shot National Geographic photographer Joe McNally climbed all the way to the top of Dubai's 2,722-foot-tall Burj Khalifa tower just to get a picture. The building -- the world's tallest -- was made famous when Tom Cruise swun...
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The 50 Best And Worst Things We Saw At New York City's Star-Studded Summer Festival [PHOTOS] Governors Ball is a 3-day music festival held on New York's Randall's Island. This year's event featured headlining acts, Kanye West, Guns 'N Roses, and Kings of Leon. Tons of other major artists also performed throughou...
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NEW YORK (AP) -- Yum Brands says a key sales figure for China dropped 19 percent in May, as the parent company of KFC began to see signs of recovery from the double whammy of a bird flu scare and an earlier controversy o...
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Nuclear power's future might hinge on Georgia project

News Observer - 11 Jun 2013 23:57
The two nuclear reactors rising out of the red Georgia clay here, twin behemoths of concrete and steel, make up one of the largest construction projects in the United States...
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You would think that because India was formerly part of the British Empire and became an independent democracy, there would be less pollution and better working conditions than in China. Well, you would be wrong.
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SF's Mayor Lee taps sharing economy startups to prepare city for disaster Mayor Ed Lee and Board President David Chiu announced a partnership between the city of San Francisco and BayShare to develop innovation and technology around disaster preparedness and response.
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Tibco acquires Streambase to bring real-time analytics tech to Wall Street Tibco today acquired Streambase to augment its analytics offering and appeal to the largest financial firms on Wall Street.
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Location API service Locaid secures $4.05M

Venture Beat - 11 Jun 2013 23:47
Location API service Locaid secures $4.05M Locaid, a Location-as-a-Service (LaaS) startup, has closed $4.05 million in new funding, according to an SEC filing released today.
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