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Business News

Location American Business News for 3 February 2015
Richard Branson, Suze Orman, and 6 other successful people share the best career advice they ever received LinkedIn recently asked the top minds in business to reflect on the best advice they ever received and what they did with those words of wisdom. Here's what Richard Branson, Suze Orman, and six other super-successful peo...
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(Reuters) - Standard & Poor's has reached a $125 million settlement with California's public pension system, Calpers, to resolve a case involving inflated grades of residential mortgage deals that later faltered, the Wal...
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Apple just took out a $6.5 billion loan even though it's sitting on $178 billion in cash (AAPL) Apple sold $6.5 billion in bonds on Monday, according to Bloomberg. That's the same Apple that last week announced an record-breaking $18 billion profit over the holiday quarter. It's reasonable to ask: why would Apple...
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NYSE moves to delist RadioShack

BBC - 3 Feb 2015 05:03
NYSE moves to delist RadioShack RadioShack shares have been suspended from trading on the New York Stock Exchange (NYSE) even as it continues to seek a rescue from possible bankruptcy.
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The rape accusations against Silicon Valley VC Joe Lonsdale are horrifying The claims against Palantir cofounder and popular Silicon Valley venture capitalist Joe Lonsdale will make your stomach turn. In late January, a recent Stanford grad, Elise Clougherty, filed a lawsuit accusing Lonsdale o...
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Asian markets rise on oil rebound

BBC - 3 Feb 2015 06:19
Asian markets rise on oil rebound Asian markets are mostly rising after a rebound in US crude oil prices led to a rally on Wall Street.
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Who are the vaccine skeptics? On the heels of the Disneyland vaccine outbreak, that's what everyone wants to know. As with just about every other major issue facing the country, the temptation is to divide it along famil...
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5 Ways To Get Unstuck In The Face Of Creative Burnout

The Huffington Post - 3 Feb 2015 17:17
5 Ways To Get Unstuck In The Face Of Creative Burnout We've all been there. You sit down at your desk, intending to be productive, but you just ... can't. You look over your to-do list, trying to find the motivation needed to get started, but taking the first step seems as ...
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DealBook: A Heated Path Toward S.&P.'s Legal Settlement With Prosecutors An overflow crowd of government regulators spent a day last month ticking off their demands before eventually negotiating a $1.37 billion settlement of an array of lawsuits against S.&P.
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Net profit at China-based computer and mobile phone maker Lenovo fell by a less-than-expected 5% to $253 million in the three months to December in connection with its acquisitions of IBM’s System x and Motorola last y...
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Facebook's demographics show why no other social network can match its potential for marketers Who's on Facebook? The short answer, of course, is everyone. And that's why every company and brand needs to seriously consider a major presence on the platform, as well as a Facebook-specific content strategy. But diggi...
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Obama Budget Would Prohibit Backdoor Roth IRAs Closing the door on backdoor Roths for the rich is one of 10 loophole closers in the Administration's FY2016 budget.
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The Truth About Lying On Your Tax Return

Forbes - 3 Feb 2015 17:40
The Truth About Lying On Your Tax Return You sign tax returns under penalties of perjury, so don't make up expenses or under report your income. Tax return and FBAR enforcement is up, so be careful.
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DealBook: Chief Who Guided Ally Financial After Crisis Steps Down Michael A. Carpenter, the chief executive of Ally Financial, will be succeeded by Jeffrey J. Brown, who leads the company's dealer financial services unit.
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Project Syndicate: What is Plan B for Greece?

Market Watch - 3 Feb 2015 06:15
Europe is right to insist that Greece adhere to structural reform, but it ought to be making even deeper concessions on debt repayments, writes Kenneth Rogoff.
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Business Gets Personal - A new look for CNNMoney CNNMoney's mission is to explain the biggest trends in business and finance and to help our audience achieve their most important goals. That's what our new design is all about.
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Why over-funded crowdfunding campaigns can really suck Guest:You put your campaign up on Kickstarter or Indiegogo, and it's just been overfunded like crazy. Great, right? Well, yes, it's the greatest thing that could happen. But it comes with a lot of problems.
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VIDEO: Greece optimistic on debt deal

BBC - 3 Feb 2015 04:09
VIDEO: Greece optimistic on debt deal Greece's new finance minister Yanis Varoufakis says he is "optimistic" a deal can be reached with the country's international creditors.
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Sen. Rand Paul (R-KY) didn't like the way a CNBC anchor was interviewing him, so he told her to "calm down," saying she was mischaracterizing basic facts in her questions.
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"The Daily Show" admitted that it was short on news Monday night, so host Jon Stewart gleefully turned to the latest soundbite from former Arkansas Gov. Mike Huckabee (R).
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DealBook: Tax Reform Is the Cry, Until Details Are Offered

The New York Times - 3 Feb 2015 07:25
DealBook: Tax Reform Is the Cry, Until Details Are Offered President Obama's budget calls for a lower overall tax rate, but also for a one-time 14 percent tax on all cash sitting overseas.
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Zhou Guohui, chairman of logistics services company Eternal Asia Supply Chain Management, has joined the ranks of the world’s billionaires after its Shenzhen shares more than doubled in the past 12 months amid brisk i...
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