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Business News

Location American Business News for 15 March 2014
Lyft's Rides Are So Social That A Driver Invited A Passenger Over For Thanksgiving Dinner Lyft, the on-demand ride-sharing startup known for its pink mustaches and fist bumps, is aiming to create a real-world social network.  With Lyft, all you have to do is tap a button to request a ride. Within usually jus...
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NY state regulators eyeing Wells Fargo foreclosure manual New York Attorney General Eric Schneiderman and three major regulators are investigating allegations made in a federal court case that Wells Fargo has set up detailed internal procedures to fabricate...
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Miami’s sex trade estimated at $235 million

Miami Herald - 15 Mar 2014 23:46
High-end Miami ‘escorts’ may be affiliated with international rings, according to landmark study measuring the illicent sex economy in eight U.S. cities.
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A Former Employee Says She Was 'Harassed By Leadership' At GitHub For Two Years With its cool office, sky-high revenues, and massive $100 million funding round, social coding startup GitHub is one of Silicon Valley's darlings. But the recent tweets of a former GitHub designer, Julie Ann Horvath, ma...
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New Map Shows Two Possible Paths For Missing Jet

Business Insider - 15 Mar 2014 19:57
New Map Shows Two Possible Paths For Missing Jet A map released by Malaysian officials and obtained by The New York Times shows possible positions of MH370 when the plane sent out its last confirmed satellite communication at 8:11 a.m. on March 8, seven and a half hou...
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These Brooklyn Social Entrepreneurs Want You To Party Hard, Party Without Red Plastic Cups The plastic red cup is a true icon of American culture. It's there for the high school keg party, the college pizza study party, the awkward office holiday party and every milestone in between. And that's reflected in th...
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Top Tips From Award-Winning Entrepreneurs

Forbes - 15 Mar 2014 19:05
Top Tips From Award-Winning Entrepreneurs Millionaires. Centimillionaires. Billionaires. Every one of them gathered together in the desert at the 'Entrepreneur Of The Year' gala hosted by Ernst & Young and sponsored by The Kauffman Foundation For Entrepreneurshi...
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China's thirst for milk gives U.S. dairy farms a boost American dairy farmers see an opportunity as demand booms in China. In a Nevada town, a new factory will produce milk powder just for export.FALLON, Nev. — The dairy plant with its tangle of stainless steel pipes rises...
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Rachesky made $1.5B in debt swap but won't face SEC charges Lionsgate Entertainment Chairman Mark Rachesky, who earned an approximately $1.5 billion paper profit when he led the studio into an improper debt swap, will not be the subject of a...
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China's Central Bank Raises the Volatility of Its Currency

The New York Times - 15 Mar 2014 18:42
The bank doubled the amount by which the renminbi would be permitted to rise or fall each day, making it more responsive to market forces.     
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Koch Brothers Are Outspent By A Labor Force Millions Of Times Their Size, But... WASHINGTON -- As Senate Democrats build campaign attacks tying the political agenda of Charles and David Koch to Republican candidates, conservatives answer with cherry-picked data that the political might of labor union...
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The first time Michael Andelman went to the drive-in theater in Mendon, he was 6 or 7 years old. Clad in pajamas, he and his brothers watched "Dumbo" from the car and drifted off to sleep long before the second feature o...
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U.S. mobile data to reach $100B revenue mark this year It’s going to be a landmark year for mobile data revenue, breaking the $100 billion barrier for the first time in the U.S., according to a new report. The U.S. will be the first country to cross this revenue line, ......
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(Reuters) - A class-action lawsuit has been filed in Canada against Mt. Gox, the leading bitcoin exchange that lost more than $400 million of customers' digital currency, along with Mizuho Bank Ltd, one of Japan's larges...
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Tim Gocher's Commitment To Nepal Via Charity And Private Equity In this interview, Tim Gocher discusses running the first Nepal-only international private equity fund, his 11-year-old Nepal dedicated charity and lends his uniquely candid and clear voice to the broader global issues o...
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NY judge isn't first to call a Lefrak a 'blowhard'

New York Post - 15 Mar 2014 23:40
NY judge isn't first to call a Lefrak a 'blowhard' Real-estate heir Jamie LeFrak should embrace the "blowhard" persona. It's a family tradition, after all. Last week, The Post exclusively reported that real-estate heir Jamie LeFrak lost an appeal to...
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Deal to purchase New Mexico Gas Co. opposed

Miami Herald - 15 Mar 2014 23:37
A Florida company making a bid to buy New Mexico Gas Co. will address concerns about layoffs and costs to consumers at a public hearing next week.
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A Letter of Hope for Those Who Dread Their Jobs

The Huffington Post - 15 Mar 2014 23:35
A Letter of Hope for Those Who Dread Their Jobs You hate your job. You try to pretend like you don't but you do. You get in the car every morning, with your coffee in hand, and take a deep breath. Right there, in the quiet of your front seat, you have the same convers...
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US investors have not run with bull market

New York Post - 15 Mar 2014 23:33
US investors have not run with bull market What if Mr. Market threw a party and few people decided to attend? Well, that's what's been happening in the last half-decade. While in other eras, the five-year anniversary of...
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Citi Lays Out The Biggest Risk On The Ukraine-Russia Border Right Now On Sunday, Crimea will hold a referendum on whether or not to split from Ukraine and join Russia. Experts agree that the referendum will pass. "This is independent from the question of whether the international community...
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A smattering of white people on Saturday stood up to discrimination against their race that exists only in their minds.
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Biomet plans $40.5M Indiana upgrade, 150 new jobs

Miami Herald - 15 Mar 2014 23:07
Medical device maker Biomet Inc. is planning a $40.5 million expansion company officials say would create 150 high-paying new jobs at Biomet's northern Indiana operations by 2018.
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