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Location American Business News for 6 January 2015
This Futuristic $13 Million Yacht Can Be Powered By The Wind Or The Sun Super-luxurious megayachts are great, but they're not exactly self-sustaining. That's what makes architect Margot Krasojevic's new yacht concept such a revolution. The trimaran combines self-harvested energy, a mast mad...
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ELON MUSK: Robots Aren't Going To Kill Us All ... Just Yet Elon Musk has held a public question and answer session on Reddit, sharing everything from his daily habits to his fear of killer robots. In his Reddit AMA (ask me anything) session, Musk was asked whether he thinks the ...
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Samsung to invest $100M in Internet of Things developers Samsung chief executive Boo-Keun Yoon spoke today at CES.
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Rally will falter as era of ultra-loose monetary policy comes to an end, warns Bill Gross.
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U.S.-based ride-sharing service says it will help its drivers to get 'back on the road'.
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Toyota (TM) Teases Tesla (TSLA); Frees Fuel Cell Technology Patents Gone are the days when technology breakthroughs were carefully safeguarded behind a barricade of patents that would keep rivals from copying them. For tech companies (and well, automakers now), it's all about pushing for...
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Herbalife shares fall 12 percent, slide to 2-year low Herbalife shares sank 12 percent Monday, becoming one of the biggest losers in a day when the overall stock markets fell 2 percent. The controversial diet-shake company closed at $33,...
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Nikkei leads Asian markets down

BBC - 6 Jan 2015 06:23
Nikkei leads Asian markets down Asian markets move lower on Monday following investor concerns over falling oil prices and Greece's economic outlook.
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Alibaba challenger raises $161 million Alibaba has a new competitor called Wanda E-commerce. It's only four-months old but valued at $3 billion.
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This Tiny Metal Coil Has The Power To Change Mobile Payments And Become Bigger Than Apple Pay The metal coil shown here doesn't look like much. Just some looped copper. But if you run an alternating current through it, the coil will produce a magnetic field. And if you create the right kind of magnetic field, the...
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WTI Crude (USO) Falls Below $50 For First Time Since 2009 After peaking at over $100 per barrel at one time, West Texas Intermediate (WTI) crude oil prices have been in a constant decline since mid-2014. Last year's high oil prices incentivized producers to boost output and pur...
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Space X Falcon 9 Mission Aborted Minutes From Liftoff Space Exploration Technologies aborted its daring Falcon 9 rocket mission today, citing technical trouble moments before it was due for liftoff. While the exact reason for the aborted launch is not yet clear, a NASA spok...
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CES 2015: Qualcomm, Inc Presentation Review

Bidness etc. - 6 Jan 2015 16:35
CES 2015: Qualcomm, Inc Presentation Review QUALCOMM, Inc.'s (NASDAQ:QCOM) keynote presentation at the Consumer Electronics Show (CES) 2015 was more than just a presentation. The company gave a heads up on its future expansion plans and mentioned that more of its ...
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Europe May Not Be Ready For Another Greek Crisis

Business Insider - 6 Jan 2015 05:30
Europe May Not Be Ready For Another Greek Crisis FRANKFURT, Germany (AP) -- Talk of Greece crashing out of the euro is back. And the question of whether Europe can handle another crisis in Greece is heightening financial uncertainty for the currency union just as it is...
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Bernie Sanders' Brutal Letter On Obama's Trade Pact Foreshadows 2016 Democratic Clash WASHINGTON -- Progressive unrest over free trade policies is shaping up to be a major issue in the contest for the 2016 Democratic presidential nomination, if a strongly worded letter from Sen. Bernie Sanders (I-Vt.) to ...
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NetJets Unrest Puts Warren Buffett in a Rare Pinch

Wall Street Journal - 6 Jan 2015 04:05
Dissent is brewing in the pilot ranks of NetJets, the company owned by Warren Buffett's Berkshire Hathaway. Labor unrest is unusual for a Berkshire company and this particular fight is turning nasty.
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This portable printer works like a Roomba for documents Imagine you could carry around a little teardrop-shaped robot that could print out a document on a moment's notice by zipping across an odd piece of paper like a Roomba cleaning your floors.
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Biosimilars Come To The US: Should AbbVie (ABBV) Be Worried? AbbVie Inc. (NYSE:ABBV) might not like it if biosimilars get introduced in the US as this could directly impact the sales for its best-selling biotech drug Humira, which accounts for almost 65% of the company's revenue. ...
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Obama To Decide Whether You Deserve Overtime Pay

The Huffington Post - 6 Jan 2015 16:34
Obama To Decide Whether You Deserve Overtime Pay WASHINGTON -- If you're a salaried worker in the U.S., chances are you don't get paid overtime at your job, even if you work 100 hours a week and sleep on a dingy cot at the office. But thanks to looming federal reforms,...
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Sony Is Bringing Back The Walkman -- And It's Going To Cost Over $1,100 You read that correctly. Sony is coming out with a Walkman (you remember those, right?) and it's going to cost over $1,100 dollars. The product, called the Walkman ZX2, was announced at CES in Las Vegas this week. Sony ...
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Justice Dept. Sues Doctor Paid Richly by Medicare

The New York Times - 6 Jan 2015 06:52
The lawsuits accuse Dr. Asad Qamar of billing Medicare for unnecessary operations, and paying kickbacks to patients by waiving their bills.
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Defiant on Witness Stand, Times Reporter Says Little

The New York Times - 6 Jan 2015 05:33
Defiant on Witness Stand, Times Reporter Says Little James Risen, a reporter for The New York Times, took the witness stand in federal court in here on Monday but refused to answer any questions that could help the Justice Department identify his confidential sources.
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