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Business News

Location American Business News for 30 November 2013
Brawl In Michigan-Ohio State Game Leads To Ejections And Player Giving Fans The Middle Finger The latest matchup in the Ohio State-Michigan rivalry turned ugly when a fight broke out after a kick return. The fight, which included a few legitimate punches, led to three players being ejected. Royce Jenkins-Stone of...
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Until now, Grenada was just another paradise island in the Caribbean. The tiny nation, 125 miles north of Venezuela, lived primarily off its pristine blue waters, palm trees and white sand beaches. But Grenada wants to b...
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Surprise! Biggest Winner Of Black Friday Money Haul Who was the big winner of this year's expanded Black Friday money haul? Macy's, Target, J.C. Penny? How about the U.S. economy, Walmart (despite protests), or even Bitcoin as it goes mainstream? What about consumers who ...
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Former Italian motorcycle racer Doriano Romboni has been killed in an accident at an event marking the memory of late MotoGP rider Marco Simoncelli.
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Caymans & Costa Rica Sign U.S. Tax Evasion Pact---FATCA Gets Even Fatter   Caribbean and Central American havens are often thought to be less rigorous in their observance of banking and tax laws than European nations like Switzerland. Of course, Swiss banking has experienced a sea change sin...
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The MOOC Marketplace Takes Off

Forbes - 30 Nov 2013 18:59
The MOOC Marketplace Takes Off The MOOC market (Massive Open Online Courses) has exploded. This month Coursera landed another $20M in funding, bringing their total investment to $63M (even more than edX's original $60M funding by MIT and Harvard)....
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2014: The Year Of The New Hire

Forbes - 30 Nov 2013 16:01
2014: The Year Of The New Hire Entrepreneurs are some of the most impatient people on the planet. Once they know where things stand for them and they have a plan, they like to spring into action before someone beats them. It looks like we've gotten t...
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SKorean found dead at inter-Korean factory park

Miami Herald - 30 Nov 2013 07:26
A South Korean man was found dead Saturday at a jointly-run factory park in North Korea, officials said.
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Boxer Manny Pacquiao: Boxing has rules. So do laws, even tax laws. Yet famed Filipino boxer Manny Pacquiao can cry foul. As he tries to work out a tax dispute, the world-champion boxer and icon of the Philippines had accounts in two banks f...
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ThyssenKrupp sells US steel plant for $1.55B

Miami Herald - 30 Nov 2013 00:53
German steel company ThyssenKrupp has agreed to sell its U.S. steel plant business to two competitors for $1.55 billion.
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We Talked To The Guy Behind 'The Black Friday Death Count' Website This was inevitable. There is a site for folks who may have read the piecemeal reporting about  separate Black Friday incidents, but would prefer to get down to the nut of the issue: casualty rates. It is called BlackFr...
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Wealth Matters: Insurance on the Person Who Makes the Business Run So-called key-man insurance typically allows a business to keep going if the founder or operator dies. But some executives can extract value from the policy while they're alive.     
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Northeast Nebraska wind farm project on hold

Miami Herald - 30 Nov 2013 23:51
A large wind farm project planned for northeast Nebraska has been shelved because the builder couldn't get a power company to commit to buying the electricity it would generate, according to officials with TradeWind Ener...
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GOODBYE, MOVEMBER: A Barber Shares The Best Way To Get Rid Of Your Month-Old Facial Hair After a month-long stint of growing out mustaches and beards, it's time to say goodbye to Movember and unruly facial hair everywhere. If you do decide to shave it all off on December 1st, you better get prepared — your...
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Christmas tree farm face challenges in Iowa

Miami Herald - 30 Nov 2013 23:19
The last few years have been difficult for Iowa Christmas tree farmers, as drought, disease, and deer have killed many young trees.
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It's Still Not Clear If The Crucial Obamacare Website Overhaul Worked (Reuters) - Americans got their first look on Saturday at an overhaul of the troubled enrollment website at the heart of President Barack Obama's health care law, but it was unclear yet if the White House had made good o...
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People Beat Each Other Up Over Towels At Walmart On Black Friday Black Friday was ridiculous this year, including at Walmart. Walmart advertised low prices on TVs, laptops and kitchenware, but the store's best-selling item was ... towels. According to a statement Walmart released Frid...
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Protecting The Downstream Entities Against The Upstream Ones: Huber II When we last departed the case of In re Huber, a bankruptcy proceeding in Washington state, the Court had quite predictably applied Bankruptcy Code Section 548(e) to slice through an Alaska Asset Protection Trust like so...
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Fed Up With Bitcoin? Here's How To Start Your Own Currency Back in analog eras, even the most powerful people had a tough time starting their own currency. It would have taken a fair bit of wealth to begin with, because most legal tenders were tied to something real, like gold o...
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Wall Street: What Could Spoil The Party?

Forbes - 30 Nov 2013 17:34
Wall Street: What Could Spoil The Party? The Wall Street party seems unstoppable. The S&P500 (NYSE:SPY) and the Dow Jones Industrials (NYSE:DIA) reach one new high after another; NASDAQ (NASDAQ:QQQ) is racing towards the old pre-dot.com crash levels; and a numb...
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Black Friday proper sees smaller crowds this year

L.A. Times - 30 Nov 2013 10:00
Black Friday proper sees smaller crowds this year More Black Friday sales starting Thanksgiving Day and bad weather combine for smaller crowds on shopping's big day.When Nordstrom in Thousand Oaks opened its doors Friday at 8 a.m., Chuck Pierson had been awake for more ...
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UK startup equivalent of Mint.com receives $4m investment to expand online personal money management Personal money management startup Money Dashboard has received a $4 million investment led by Calculus Capital, a specialist in creating and managing private equity funds for individuals.
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