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Business News

Location American Business News for 27 January 2014
Macklemore Texted Kendrick Lamar And Apologized For Winning A Grammy Last Night The 56th Annual Grammy Awards took place last night and Macklemore and Ryan Lewis' The Heist beat out Kendrick Lamar’s critically-acclaimed Good Kid, m.A.A.d. City for best rap album.  Not only were rap fans di...
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Forget Comfort -- These Are The Real Advantages Of Private Jets Yes, private jets are swanky. But if you can spend less money to get an equally luxurious experience in first or business class, why not fly with an airline? A quick search turns up one-way first class flights from New Y...
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Taylor Swift Thought She Won Album Of The Year -- And Her Reaction Is Priceless Daft Punk's "Random Access Memories" won the Grammy for Album of the Year.  However if you were watching the Grammys live, Taylor Swift's reaction made it look like she thought her album "Red" won for a moment.  Here'...
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Chipotle Blurs Lines With a Satirical Series About Industrial Farming The fast-food chain's four-part comedy-advertisement, "Farmed and Dangerous," will be shown on the TV-streaming service Hulu.     
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It's Pretty Crazy How Different Pension Funds Look Around The World U.S. pension funds were among the hardest hit investor classes when the financial crisis caused asset prices to plunge. They were also among the biggest beneficiaries of the monster bull market that began in March 2009. ...
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When it comes to prices, people don't behave rationally. And the best companies know.     
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Jamie Dimon, KKR boss agree to nearly $10M settlement

New York Post - 27 Jan 2014 17:30
Jamie Dimon, KKR boss agree to nearly $10M settlement JPMorgan CEO Jamie Dimon and a former top lieutenant have finally agreed to a multimillion-dollar handshake over a hiring dispute that entangled the largest US lender, a giant private-equity firm...
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KPMG Tax Partner Denied Mulligan On Sketchy Tax Shelter There are some really bad things that can happen to you if you are not tax compliant.  Depending on what you do, you could be subject to a 75% fraud penalty or even forfeit your liberty - an all expenses paid stay at Cl...
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Proposal to Raise Tip Wages Resisted

The New York Times - 27 Jan 2014 05:56
Proposal to Raise Tip Wages Resisted As some Democratic senators and President Obama push to raise the minimum wage to $10.10 an hour, from $7.25, they are also backing increases to the tip wage (at $2.13, it is 29 percent of the minimum wage). The restaura...
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The Sketch Guy: Forget Market Timing, and Stick to a Balanced Fund Buy low and sell high is a great concept, but few people know when that moment occurs.     
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8 Business Travel Packing Hacks

Business Insider - 27 Jan 2014 23:52
8 Business Travel Packing Hacks In the 2009 hit "Up in the Air," George Clooney plays a frequent flier who's just a few trips away from making it into the elite 10 million miles club. As a corporate "downsizer," his life revolves around airport termina...
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Life is Luck -- Here's How to Plan a Career Around It

Harvard Business Review - 27 Jan 2014 20:00
Tips for navigating highly uncertain environments.
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BRUSSELS (AP) -- Leading finance ministers of the 18-nation eurozone are urging bailed-out Greece to step up its efforts to meet agreed reform and privatization targets.     
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Makers Pack New Cars With Technology, but Younger Buyers Shrug Manufacturers have produced vehicles more loaded with technology to draw in younger drivers, but those drivers say price and fuel economy remain their prime motivators.     
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(Reuters) - Google Inc said on Sunday it had agreed to acquire privately held artificial intelligence company DeepMind Technologies Ltd.
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Meet the People Who Gave JPMorgan's Jamie Dimon a $9.5 Million Raise On Friday, the board of directors of JPMorgan Chase voted to give CEO Jamie Dimon a raise. Not just a cost-of-living increase, but almost a doubling of his compensation. In Dimon's case, this means his compensation jumpe...
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Causeway Capital's Jamie Doyle On Scouting The World For Bargain Stocks Talking stocks, screening and success with the co-manager of the $5B Causeway International Value Fund.
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What's Next For The Animal-Onesie Entrepreneurs? In 2009, friends Tom Cohn and Nick Harriman had just graduated and were living back home with their parents, struggling to find jobs beyond delivering pizza. Bored of wearing the same tired fancy dress costumes to UK fes...
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When Not To Invest In Your 401(k) Plan

Forbes - 27 Jan 2014 23:48
When Not To Invest In Your 401(k) Plan The 401(k) is a highly-flawed vehicle and may not be a good place for your retirement dollars -- especially if your employer has set up a lousy plan.
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Nine Things Women Should Know About Estate Planning For women, with their longer life expectancies, estate planning is a crucial part of retirement planning. Bone up now on the basics.
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Markets were born when humans chose to acquire what they needed by trading with each other rather than producing it themselves or taking from someone else by force. The moment of proto-market conception was when the firs...
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UBS CEO: Bashing Banks Unhelpful

Wall Street Journal - 27 Jan 2014 23:32
Sergio Ermotti, chief executive of UBS, has a message for the many critics of the Swiss bank and the entire industry: Back off.
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