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Business News

Location American Business News for 19 June 2014
Spanish Newspaper Runs A Perfect Front Page After World Cup Disaster The most successful era of Spanish soccer history came to an end on Thursday when Spain was eliminated from the 2014 World Cup in a 2-0 loss to Chile. They're the only defending champions to ever be eliminated after two ...
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Marine Receiving Medal Of Honor For Diving On A Grenade: 'I Wouldn't Change Anything' "I wasn’t gonna make it. I had come to terms that I was gonna die, and I was very sure of that.” Those thoughts raced through Marine Corporal Kyle Carpenter's head in the moments after he dove on top of a Taliban gre...
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Building Up Your China Exposure, Now?

Forbes - 19 Jun 2014 07:02
Building Up Your China Exposure, Now? We all know that famous quote from legendary value investor Warren Buffett: "Be fearful when others are greedy, and greedy when others are fearful."
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Lego's New Product Lets You Build Stuff And Then Virtually Play With Your Creations On Your Tablet Just as “The Lego Movie” launches on DVD this week, the construction toy company has announced a new product called Lego Fusion, which lets you build real-world Lego creations and upload them to iOS and Android table...
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Elon Musk: We're Only A Decade Away From Putting Humans On Mars "To infinity, and beyond" seems to be Elon Musk's motto these days. The electric car tycoon recently announced his intention to revolutionize the solar energy industry. Now Musk is setting his sights on a goal that was c...
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A Small Factory Owner Is Building Incredible Life-Size Transformer Replicas A week before the next "Transformers" movie hits theaters, one man is making his own real-life Optimus Primes and Bumblebees. Li Lei, a small factory owner in China, is building giant replicas of the beloved children's t...
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Boardrooms And 'Pandora's Box' For Broader Societal Change For many people, change is like Pandora's box: opening the lid half-way isn't an option. Those in power who would like to keep it know that all too well, and it sometimes explains why they are averse to it. Those who res...
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'Something Weird Is Going On With Bill Gross'

Business Insider - 19 Jun 2014 20:14
'Something Weird Is Going On With Bill Gross' Moments ago, PIMCO's Bill Gross stepped to the podium at Morningstar's annual investor conference in Chicago. And according to people tweeting from the event, it got weird. First, Gross walked up in stunners and to a che...
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Here's The One Thing That Doesn't Change The Day You Get Married One of the first steps in filing your taxes is determining your filing status. According to the IRS, the available statuses for taxpayers are: Single Married filing jointly Married filing separately Head of household Qua...
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American Apparel lost $270 million as Charney earned about $28 million In 2008, Dov Charney's American Apparel was a hot topic. Hipsters nationwide were embracing the chain's edgy basics, the brand was ramping up its immigration advocacy, its billboards were getting steamier and the stock p...
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Hero Partners' Rob Ryan ($24B Ascend Communications) On The Sunflower Model For Business This week I met Hero Partners' Rob Ryan, founder of Ascend Communications, the Internet company Lucent Technologies purchased for about $24 billion in 1999, to talk about what he's doing now. Ryan told me about the day h...
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10 Vintage Photos Of New York -- When Disco Ruled And Bushwick Was A War Zone New York of the 1970s and early 1980s was a gritty place of stunning contrasts. Nowhere was this more apparent than between Manhattan's thriving disco scene and the impoverished neighborhood of Bushwick, Brooklyn, which ...
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(Reuters) - Clothing and accessories retailer American Apparel Inc ousted its controversial founder Dov Charney as chairman effective immediately and moved to fire him as CEO and president following an ongoing investigat...
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At Morningstar, Bill Gross defends Pimco performance

Investment News - 19 Jun 2014 23:58
and#8220;Bond Kingand#8221; says the firm's flagship fund is starting to do better.
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LOS ANGELES
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The troubled smartphone maker reports a big 23% sequential increase in unit sales, writes Phil van Doorn.
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Supreme Court Rules Against Alice Corp. in Patent Case

The New York Times - 19 Jun 2014 18:21
The Supreme Court unanimously affirmed an appellate court's decision that basic business methods may not be patented, even if computers are used to apply them.
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Here's Why One CEO Won't Use The Word 'Employee'

Business Insider - 19 Jun 2014 18:19
Here's Why One CEO Won't Use The Word 'Employee' There are a few words Daniel Lubetzky absolutely refuses to use. “Boss” is one of them; “employee” is another. “I don’t use the word ‘employee’ because it can imply someone is working ‘for’ you rather...
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A look at minimum wage laws in the US

Miami Herald - 19 Jun 2014 18:15
A look at minimum wage laws in the US Proposals to raise the minimum wage above the federal minimum of $7.25 an hour are increasingly divisive. In many states, the push is opposed by state officials concerned that local minimum wages could create a confusing...
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The Global Inequality Calamity Is Slamming Young People Harder Than Old People Rising inequality is one of the hottest topics up for debate, especially following the success of French economist Thomas Piketty's book "Capital in the 21st Century." The OECD is out with a new report on rising income i...
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Asia Markets: Asia stocks rise on Yellen's outlook

Market Watch - 19 Jun 2014 07:37
Asian stocks rise, with the Nikkei Average hitting a three-month high, as investors are reassured by the Federal Reserve's commitment to low interest rates.
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No, really. How do we get girls to code?

Washington Post - 19 Jun 2014 17:17
In the middle of the 1980s, 37 percent of computer science majors were women. As of 2012, that number was more like 18 percent. So says Google, which released a new study Thursday on the motivations of women who go into ...
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