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Business News

Location American Business News for 17 May 2014
Data-driven road to riches: combining Silicon Valley technology with Wall Street heuristics Guest Post: The arms race is on to apply technology to proven investment heuristics.
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Gold Is Not Stable After All

Forbes - 17 May 2014 23:28
Gold Is Not Stable After All I like gold. My wedding ring is simple but classy. My crowns in my mouth are so good that I forget they are there. The electronic contacts in my computer work just fine. Gold is great. But not as a steady measure of purc...
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How A New York City Pizza Place Is Using Tech To Improve The Dining Experience [PHOTOS] Pizza Vinoteca isn't your typical pizza place. The restaurant, which opened in March just off of New York City's Union Square, is taking a high-tech approach to creating quality pizza, with features like an army of iPads...
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Goldman and Ties That Bind

Wall Street Journal - 17 May 2014 02:35
Goldman Sachs Group's chief executive said guilty pleas by foreign banks could force other financial firms to make difficult decisions about whether to continue doing business with them.
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People Can't Figure Out This Odd New England Saying About Kittens     There's no better place than Times Square to find out what people think of an obscure expression used solely in Vermont and Maine.  Check out the entertaining responses we gathered, some of which were surprisingly...
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Arsenal Wins The FA Cup With A Brilliant Goal In Extra Time Arsenal won their 11th FA Cup and first since 2005 with a 3-2 win over Hull City. Hull looked like they were on the way to winning their first FA Cup when they jumped out to a 2-0 lead in the first eight minutes. Arsenal...
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It's college graduation season, meaning throngs of young workers with freshly minted diplomas are hustling to land their first jobs. As the economy continues to slowly improve, it appears the class of 2014 is facing a su...
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Celebrating Small Business Week -- Babson Style I love it when all my hats fit at the same time.  Last night’s Small Business Week reception at the Chamber of Commerce building (gorgeous) in Washington, D.C. was a smash hit from the entrepreneurship perspective. �...
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Submarine Drones Drive Demand For Subsea Power Plants On March 21, 2003, the second Gulf War began with an amphibious assault on the Iraqi city of Umm Qasr, a small strategically important port on the Kuwaiti border. The battle lasted only a few days and was followed by a m...
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Government fine hardly the end of GM recall saga

News Observer - 17 May 2014 06:05
General Motors' agreement to pay a $35 million federal fine for concealing defects in small-car ignition switches and to give the government greater oversight of its safety procedures closes one…
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Three stocks all but immune to market turmoil

USA Today - 17 May 2014 05:00
Somewhere out there in the world of equities there are Holy Grail investments.
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Who's Sneaking Around Your Business Network Undetected?

The Huffington Post - 17 May 2014 04:44
Who's Sneaking Around Your Business Network Undetected? Malware has become the big bad wolf in cybersecurity circles, and businesses around the globe are quickly buying up the latest detection technologies to protect their IT networks. However, the problem is that hackers are...
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Lean Startup: Doing Business On A (Smart) Shoestring Launching a business is the dream of many of this year’s college graduates. But the road to success can be fraught with frustrating roadblocks. Some studies show that as many as three out of every four business startup...
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(Reuters) - Beats Electronics, which is close to being sold to Apple Inc for $3.2 billion, has been sued by the founder of a music service Beats bought two years ago claiming he has been cheated out of his share of the c...
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Red Lobster sold to Golden Gate for $2.1B

New York Post - 17 May 2014 02:41
Red Lobster sold to Golden Gate for $2.1B Clarence Otis Jr. is throwing Red Lobster overboard -- and could soon face a mutiny. Despite fierce protests from activist shareholders, the embattled chairman and CEO of Darden Restaurants pushed...
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Pact between Apple and Google brings to a close a patent dispute between the iPhone maker and the Web giant's Motorola unit.
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On Thursday, the new bestseller list arrived at the offices of Hachette Book Group with good news: One of the publisher's books, T.D. Jakes's "Instinct," had vaulted to the No. 1 spot. But the bad news was that anyone tr...
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There Is a Future of Finance (And It's Called Fiduciary Capitalism) Earlier this week, over 1,800 investment professionals took time out to visit Seattle for CFA Institute's 67th Annual Conference. This was an important opportunity to join an initiative that is about the future of financ...
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Senate approves bill aimed at payday lending

Miami Herald - 17 May 2014 00:18
The Minnesota Senate passed a bill on Friday that seeks to protect borrowers from falling further into debt to payday lenders.
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Hyundai recalling 137,500 Tucson SUVs

News Observer - 17 May 2014 22:36
Hyundai Motor Co. is recalling 137,500 Tucson SUVs because the air bags aren't correctly mounted to the steering wheel.
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The Moon's about to get a bit more crowded with this new crowdfunding campaign $240,000. That’s how much these folks need to launch Israel’s first lunar mission. In a new Indiegogo campaign, Israeli non-profit organization SpaceIL is seeking enough funding to get a foothold o Earth’s moon by ...
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MOG founder sues Beats Electronics for $20M ahead of rumored Apple acquisition Founder of now shuttered music service MOG David Hyman is suing Beats Electronics for upwards of $20 million, according to a lawsuit filed yesterday. Hyman joined Beats after the company purchased the MOG streaming music...
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