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Business News

Location American Business News for 24 December 2013
SFX Entertainment Enters Sponsorship Deal With Anheuser-Busch InBev Anheuser-Busch's sponsorship could be worth $25 million next year and $35 million in 2015 as SFX's dance festivals grow, said Benjamin E. Mogil, an analyst at Stifel Nicolaus.     
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Globally, iPhone Users Spend More And Earn More Than Android Owners, But Not Much More Roughly a year ago, we published data from Toshl, a personal finance app, in order to show differences in consumer spending patterns among iPhone and Android users around the world.  We're returning to that data now. To...
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The Most Important Market In The World Right Now Is One That You're Not Watching The most interesting question heading into last Wednesday's Federal Open Market Committee meeting — at which the FOMC ended up announcing the first reduction in the Federal Reserve's quantitative easing program — was...
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Here Are 13 Apps We Couldn't Live Without In 2013 Top of the list for the personal finance geeks at Forbes was the wallet app Venmo, followed by Instagram and matchmaking app Tinder.
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Russia Begins Bailout Of Ukraine As Protests Flag

Business Insider - 24 Dec 2013 14:55
Russia Begins Bailout Of Ukraine As Protests Flag MOSCOW 
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Broker cuts Target earnings forecast

Chicago Tribune - 24 Dec 2013 18:30
Broker cuts Target earnings forecast Brokerage Cowen and Co cut its earnings forecast on Target Corp after the massive theft of card data over the holiday season, saying the breach was likely to drive away customers and impact margins as the retailer increa...
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Titan: better consumer sentiment is the key

livemint.com - 24 Dec 2013 17:24
Titan: better consumer sentiment is the key In the days to come, lower discretionary spending is likely to keep the watch business performance muted
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DETROIT (AP) -- U.S. safety regulators have expanded an investigation into rear light failures in Mercedes-Benz C-Class luxury vehicles.     
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Orders for big-ticket U.S. goods rebounded last mont h, led by transportation, and businesses pumped up investment, signaling rising economic confidence, according to government data released Tuesday.
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Assad Now Relies On Iraqi Oil Sent By Iran From Egypt Via Lebanon LONDON 
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Hyundai, Kia settle lawsuit over gas-mileage claims

Market Watch - 24 Dec 2013 15:26
Hyundai Motor and Kia Motors settle claims with customers over inflated fuel-economy data for a large portion of the vehicles they sold from 2010-12.
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Goldman Sachs Group Inc. (NYSE:GS) has compiled 100 charts that best depict its favorite investment and economic themes for 2013. Here are some maps from that report. Fastest expanding channels in global trade, centered ...
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Feds expand probe into Mercedes tail light problem

Miami Herald - 24 Dec 2013 15:12
U.S. safety regulators have expanded an investigation into rear light failures in Mercedes-Benz C-Class luxury vehicles.
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10 Things You Need To Know Before The Opening Bell (SPX, SPY, DIA, DJI, QQQ) Good morning. Here's what you need to know. Markets in Asia were higher in overnight trading. The Japanese Nikkei rose 0.1% — a six-year high — while the Hong Kong Hang Seng advanced 1.1% and the Shanghai Composite r...
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This $7 Billion Deal Shows Who Really Runs Iran

Business Insider - 24 Dec 2013 13:54
This $7 Billion Deal Shows Who Really Runs Iran (Reuters) - In the fall of 2009, two of Iran's most powerful entities teamed up to participate in the largest deal in the history of the country's stock exchange. The partners were the Islamic Revolutionary Guard Corps,...
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Chinese rate spike stirs anxiety

News Observer - 24 Dec 2013 06:41
For the second time in six months, a shortage of cash in one corner of China's banking industry has stirred anxiety in financial markets.
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What's next for Apple in China?

CNN - 24 Dec 2013 06:21
Juro Osawa of the Wall Street Journal discusses what this deal could mean for Apple's fortunes in China.
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Ray Irani to get $14-million lump sum after Occidental ouster Occidental's former chairman will also get lifetime security and financial planning services worth as much as $1.3 million a year in a $26-million settlement.Ray Irani, once the highest paid executive in the oil industry...
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Sensex inches up around 30 points on positive global cues The capital goods index rises 0.61% to be biggest gainer while metal index was biggest loser, falling 0.56%
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Some Reasons To Be Concerned About Abenomics

Business Insider - 24 Dec 2013 05:31
Some Reasons To Be Concerned About Abenomics Japan's Nikkei stock index is up another 0.8% today, hitting a new 6-year high. 2013 has been a banner year for Japan, as financial markets have responded quite favorably to "Abenomics" which is the economic stimulus str...
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The Big Retail Brands That Drove Customers Away This Holiday Retaining existing customers is the key to retail success -- but some of the biggest retail brands failed to do it this holiday, a new survey shows. Here's a look at the seven major retailers who lost the most customers ...
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B2B Customer Service And The Anti-Amazon: Delivering Books For Authors (And Not By Drone) Forbes: Customer service consultant and keynote speaker on B2B customer service, bookselling, and the anti-amazon 800-CEO-READ
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