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Business News

Location American Business News for 17 March 2014
Harry Potter Fans Can Ride The 'Hogwarts Express' At Universal Studios This Summer It's the train that Muggles have been waiting for. New details have emerged about the upcoming attractions at Universal Studios' Wizarding World of Harry Potter, and apparently the Hogwarts Express ride is going to be ki...
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This Infographic Shows The Illegal Drugs Americans Spend The Most Money On Substance.com has put together an interesting infographic showing how Americans spent money on illegal drugs from 2000 to 2010. The data comes from a study by the RAND Corporation for the U.S. Office of National Drug Co...
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Insane German Robot Arms Learn Motion The Same Way Babies Learn To Move Their Arms German engineering firm Festo has built a robotic arm system that learns new motions much in the same way a young baby does, reports New Scientist. Originally built in 2010, the arms were previously unable to move withou...
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A Company Innovating The Way We Pay For Stuff Ditched Bitcoin And Concentrated On The Dollar Instead Iowa-based startup Dwolla has made a name for itself with its rather painless approach to sending money over the Internet — sending someone $10 or less is free. Sending more than $10 costs $0.25. That's all there is to...
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New York's New Hot Property: Retail Condos

Wall Street Journal - 17 Mar 2014 04:42
Investors of every stripe have been chasing retail condominiums in New York, fueling sales prices in the city's tourist districts and in neighborhoods where new residential developments are taking shape.
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Fashion Designer L'Wren Scott Dead: Mick Jagger's Girlfriend Commits Suicide Mick Jagger’s model-turned-designer girlfriend L’Wren Scott, 49, killed herself in a Manhattan apartment Monday, police have confirmed. Her assistant reportedly found her hanging by a scarf inside the Eighth Floor ap...
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Ticket Pricing Puts 'Lion King' Atop Broadway's Circle of Life "The Lion King" stunned Broadway at year's end as the No. 1 earner for the first time since 2003, bumping off the champ, "Wicked."     
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Airbnb Has A Master Plan To Get Bigger Than It Already Is

Business Insider - 17 Mar 2014 23:21
Airbnb Has A Master Plan To Get Bigger Than It Already Is Airbnb might spread its wings and become more than just site for renting vacation homes for a weekend getaway. "Our business isn't [renting] the house," Airbnb CEO Brian Chesky says in an interview with Fast Company. "Ou...
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Are ObamaCare's Tax Credits Harmless? The Little Understood Dark Side Of The Subsidies T-minus 14 days until open enrollment closes for ObamaCare. It is crunch time for thousands as they decide if they want to enroll, and ultimately how much of a tax credit to accept in order to determine their first premi...
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5 ways to succeed at mobile payments without really trying Accepting payments on a mobile phone -- or paying on one -- really isn't that hard anymore.     
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5 Brilliant Strategies Jeff Bezos Used To Build The Amazon Empire The Gazelle Project. That's what Amazon called its initiative to cajole book publishers into giving them better deals. According to The New Yorker, CEO Jeff Bezos said “that Amazon should approach these small publishe...
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10-year old Birmingham girl starts fashion company

Miami Herald - 17 Mar 2014 06:01
The fashion world knows the names "Versace" and "Prada," and now it can add Josie Ervin to that list. She is from Birmingham, Mich., has her own fashion company, and is just 10 years old.
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Low-Wage Workers Finding It's Easier to Fall Into Poverty, and Harder to Get Out For those at the low end of the hourly wage scale, even meeting basic household needs can be a stretch, and roads out of poverty are scarce.     
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Nasdaq 100 Movers: ILMN, YHOO

Forbes - 17 Mar 2014 19:13
In trading on Monday, shares of Yahoo! (YHOO) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 4.0%.  Year to date, Yahoo! has lost about 3.3% of its value.
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Sport Chalet pursues its first annual profit since 2007 Sport Chalet posts its most profitable quarter in seven years, a sign the sporting goods retailer may be nearing a turnaround.If you're an outdoors enthusiast or weekend warrior, chances are you're a fan of Sport Chalet ...
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One Economist Thinks China's Crackdown On Pollution And Corruption Is Behind Its Weak Growth The data out of China so far has been disappointing, and has prompted economists to cut their 2014 GDP forecasts. Bank of America's Ting Lu was one of the economists that lowered his 2014 GDP forecast to 7.2%, from 7.6%....
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Unskilled and Destitute Are Hiring Targets for Fukushima Cleanup The operator of the ravaged Fukushima Daiichi nuclear plant has left the complex cleanup to a poorly trained work force that has made some dangerous missteps.     
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GM CEO apologizes in video for ignition-switch recall

News Observer - 17 Mar 2014 10:00
General Motors Co. CEO Mary Barra apologized again Monday for the automaker's handling of a recall of 1.6 million cars with potentially defective ignition switches, adding that a supplier has…
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(Reuters) - Britain's Vodafone has agreed to buy Spanish cable operator Ono for 7.2 billion euros ($10.03 billion) in a deal that is set to be announced on Monday, a person familiar with the matter told Reuters.
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Yahoo-ABC claims desktop traffic wins, but mobile traffic still lags Yahoo-ABC News Network’s news sites can take a healthy traffic hit and still lead in monthly pageviews. On desktop, at least. According to a news release today, the news giant says it’s dominating in desktop traffic ...
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Netchemia acquires SchoolSpring to grow its lineup of HR software for educators Drop the ruler and grab a mouse: hiring, evaluating, and managing teachers takes another step into the digital age.     
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Divorce service Wevorce adds video calls to its lineup of mediation tools (exclusive) The Wevorce team is still experimenting with the optimal video technology; currently, it's a mash-up of a few different services, none of which are working perfectly.     
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