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Business News

Location American Business News for 10 May 2014

Nelson Mandela Never Said One Of His Most Famous 'Quotes'

Business Insider - 10 May 2014 16:00
Nelson Mandela Never Said One Of His Most Famous 'Quotes' In 1993, Nelson Mandela and Frederik Willem de Klerk won the Nobel Peace Prize for their tireless work ending apartheid in South Africa. Mandela had recently spent 27 years behind bars for his political views. Just a yea...
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How To Solve A Rubik's Cube

Business Insider - 10 May 2014 20:46
How To Solve A Rubik's Cube Click for the story > Join the conversation about this story »
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India will have 520 million smartphone users by 2020: Ericsson India's smartphone user base is still only 10% of the total population. Ericsson predicts this number will grow by 45% to 520 million users by 2020.
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Watch Steve Jobs Chatting With Dr. Dre About iTunes (AAPL)

Business Insider - 10 May 2014 16:37
Watch Steve Jobs Chatting With Dr. Dre About iTunes (AAPL) Whether you think Apple buying Beats Audio for $3.2 billion is a good idea or not, there's no question that the two companies have had a long, tangled relationship. Steve Jobs was a fan of Beats co-founder Jimmy Iovine, ...
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The Purpose Of The Federal Reserve

Forbes - 10 May 2014 06:00
The U.S. Treasury never wanted to surrender control of its currency to a quasi-private agency. But after enduring a recent financial shock and subsequent bank run in 1907, Congress wasn't careful enough when creating our...
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The Haggler: His Passport Took a Two-Year Vacation (Without Him) How could a package be lost for so long, and then turn up? U.P.S. can offer only theories.
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States target bad faith over patent claims

Miami Herald - 10 May 2014 17:53
Companies accused of abusing patent claims to seek fees and settlements are themselves becoming a target as states across the U.S. take aim against what some call "patent trolls."
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Amazon is playing hardball with Hachette, nudging its consumers away from buying their books and delaying shipping them. The story was broken by the Times' David Streitfeld and is interesting throughout.
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Apple's interest in Beats Electronics stirs speculation More than a decade after it revolutionized the music industry with the launch of iTunes, Apple Inc. remains the world's largest music retailer and one of the most recognized brands. So why, exactly, does it need to buy B...
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Bear Grylls: Is He Misleading TV Viewers Again? Bear Grylls, the TV adventurer and survivalist, is facing questions about whether he has misled viewers of his new TV show, The Island with Bear Grylls, on Britain’s Channel 4.
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Boeing subcontractor admits contract fraud

L.A. Times - 10 May 2014 02:22
Boeing subcontractor admits contract fraud A Hacienda Heights man pleaded guilty in federal court in St. Louis on Friday to charges he used inside information from a Boeing employee in a bid to win contracts to produce 16 different military aircraft parts, prosec...
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GitHub Founder's Wife Apologizes For Making GitHub Employees 'Feel Pressured' To Work For Her Startup For Free Theresa Preston-Werner, wife of GitHub founder and former CEO Tom Preston-Werner, has come out with her side of the story about the controversy that led to her husband's resignation. In a post on blogging site Medium, sh...
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34 People Who Are Carrying Way Too Much Stuff

Business Insider - 10 May 2014 21:32
34 People Who Are Carrying Way Too Much Stuff In most western nations, goods are transported on trains, ships, and trucks. But in areas where those vehicles are less available, people and goods move from place to place by some rather creative means. These photos rev...
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Nintendo's Lesson Learned From 'Tomodachi Life' It hasn't been the greatest week for Nintendo, mainly because their earnings report revealed less than impressive financial results, including Wii U and 3DS sales that missed even revised targets. But there was a second ...
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Gold dips on subdued demand, weak global cues

livemint.com - 10 May 2014 14:35
Gold dips on subdued demand, weak global cues Gold of 99.9 and 99.5% purity moved down by Rs70 each to Rs30,340 and Rs30,140 per ten gram respectively
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Apple Point-of-Sale Upgrade Signals Better Security, NFC Access Apple is upgrading is mobile point-of-sale terminals for its retail stores, with features that will improve security and possibly point to a future iPhone with NFC features.
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Four Ways You Can Seek Back Pay For An Unpaid Internship

The Huffington Post - 10 May 2014 06:15
Four Ways You Can Seek Back Pay For An Unpaid Internship At ProPublica, we've heard from a lot of unpaid interns. You've told us about walking your boss's dog, fact-checking for magazines and even doing the same work as federal prosecutors 2014 all for little or no pay. If you...
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Jewel-Osco stops asking about criminal history on job applications Bill would let many Illinois firms raise issue later in hiring stageJewel-Osco has decided to wait to ask job applicants about their criminal histories until the final stages of hiring, a practice that many other Illinoi...
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(Reuters) - A former executive at an e-commerce company that was acquired in 2011 by online retailer eBay Inc pleaded guilty on Friday to insider trading in connection with the takeover.
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The CEO Of Yammer (Which Was Acquired By Microsoft) Calls Apple 'The Dumbest Company' (AAPL, MSFT) On Twitter, lots of people have lots of opinions about Apple's decision to buy Beats for $3.2 billion. It's a pretty fun place to be if you're interested in gorging yourself on chatter about this pretty stunning deal. ...
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(Reuters) - JPMorgan Chase & Co may cut down on its domestic correspondent banking business, as it scans its relationship with several hundred of domestic correspondent banking clients, Wall Street Journal reported, citi...
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Meet the oldest Y Combinator startup ever: Quora

Venture Beat - 10 May 2014 00:42
Meet the oldest Y Combinator startup ever: Quora Apparently making all sorts of changes to the good-ol' Y Combinator partner lineup and investing model wasn't enough.
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