Business News
A 100 Billion Dollar Week of M&A
Boston - 22 Nov 2014 21:42
Our take on this week's deals. Plus, the Fed sticks to its course, and home-improvement retail results paint hopeful signs for housing.
Europe: Break up Google!
New York Post - 22 Nov 2014 07:18
Europe wants Google to split off its eponymous search engine. The European Parliament is gearing up to demand a breakup of the tech giant amid growing concerns about its dominance...
As Talk Of Clearing Protest Areas Grows, All Eyes Turn To Hong Kong Police
Forbes - 22 Nov 2014 05:58
"What bothers us the most is that that we don't know what will happen or when, but we know something is coming."
Ackman: Herbalife used outaded exchange rate to pump numbers
New York Post - 22 Nov 2014 07:11
Herbalife "inflated" its profits over the past 12 months by as much as 22 percent by using outdated exchange rates on sales to Venezuela, a new report claims. The maker...
Senator threatens Dudley's job over Fed chief's banking ties
New York Post - 22 Nov 2014 06:56
A top banking regulator criticized for greasing the so-called revolving door between the government and Wall Street might be forced to take a spin himself. William Dudley, the president of...
Sysco Corporation (SYY) One Step Closer To Merger With US Foods
Bidness etc. - 22 Nov 2014 14:52
SYSCO Corporation (NYSE:SYY), the country's biggest food distributor, is one step closer to its much talked about acquisition of its biggest competitor, US Foods Inc. The company is reported to be in talks to sell some o...
TLC probes Uber over spying allegations
New York Post - 22 Nov 2014 08:10
Add New York City's Taxi and Limousine Commission to the list of powerful groups investigating Uber for allegedly spying on its users. The commission, which regulates Uber, is "looking into...
Thanksgiving dinner costs (slightly) up from last year
New York Post - 22 Nov 2014 08:00
Thanksgiving doesn't have to break the bank this year, as the price for the traditional holiday meal costs $49.41, just 37 cents more than last year. As for the dinner's...
Billionaire Icahn blinks in battle with casino union
New York Post - 22 Nov 2014 07:56
Poker player and billionaire investor Carl Icahn has blinked in his battle against unionized workers at the bankrupt Trump Taj Mahal, The Post has learned. The casino's biggest debtholder and...
Trucker strike at ports of L.A. and Long Beach ends
L.A. Times - 22 Nov 2014 03:38Colorado Approves Credit Union for Pot Stores
Time - 22 Nov 2014 03:10
The credit union could open in January even as it waits to be granted insurance by federal regulators
Settlement in Apple Case Over E-Books Is Approved
The New York Times - 22 Nov 2014 02:31
A deal in the antitrust case would give consumers $400 million in cash and e-book credits, and lawyers $50 million. But an appeal is still pending.
How Many Salespeople Do You Really Need?
inc - 22 Nov 2014 00:49
Before you look to hire more, make sure you're getting the most out of what you have.
Bankruptcy filing not the end for streaming service Aereo
New York Post - 22 Nov 2014 08:09
Aereo filed for bankruptcy on Friday -- but that doesn't mean its assets are worthless. The Supreme Court doomed the online video streaming service in June for violating broadcasters' rights...
Will Starz align for billion dollar deal?
New York Post - 22 Nov 2014 06:31
The suitors are aligning for Starz. Talks to acquire the pay-TV channel controlled by John Malone are heating up with Starz said to be seeking around $5 billion, The Post...
LA schools in huge child abuse settlement payout
Business Insider - 22 Nov 2014 03:54
Los Angeles
Judge Rejects Overhaul of Illinois's Beleaguered State Pension System
The New York Times - 22 Nov 2014 03:36
The law, passed in 2013, was found to violate a clause of the state's Constitution declaring pensions to be contracts that the state cannot impair.
Business Briefing: Hiring Increases Spread Broadly Across U.S.
The New York Times - 22 Nov 2014 03:05
Unemployment rates fell in 34 states in October, the Labor Department said on Friday, a sign that steady hiring this year has been dispersed through most of the country.
Visa sees Visa Europe option now costing more than $10 billion
Reuters - 22 Nov 2014 02:41
(Reuters) - Visa Inc , the world's largest credit and debit card company, said it might have to pay more than $10 billion to buy its London-based European licensee, Visa Europe Ltd, if its owners exercise their option to...
Why wage growth disparity tells the story of America's half-formed economic recovery
Washington Post - 22 Nov 2014 02:40
WILMINGTON, Del. -- Thomas Gray says he was fortunate coming out of the recession: He took a job in one of the nation's fastest-growing industries, food services, preparing meals for 500 students in a Head Start cafeteri...
Elon Musk On Tesla's Gigafactory: We Didn't Manipulate Nevada Into Anything (TSLA)
Business Insider - 22 Nov 2014 02:14
Tesla CEO Elon Musk has responded to critics of his plans to build a battery "gigafactory" in Nevada. Musk defended his company's plans in a blog post entitled "The House Always Wins," a reference to casino gambling. "Th...
Jobs for Low-Skilled Workers Moving from China to Vietnam
Forbes - 22 Nov 2014 01:35
There’s a saying: A crooked river gets that way by following the path of least resistance.