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Business News

Location American Business News for 15 February 2015
Case Study: Activist Hedge Funds In Practice: Bill Ackman Activist hedge funds care about the money, not the company.
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Here's what the world would look like if countries were as big as their population sizes Maps are famous for distorting the earth.  Because they portray our world in only two dimensions, continents and countries become skewed, as does our perception of how big they truly are. And that doesn't even factor in...
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Manufacturing jobs vanishing from city

New York Post - 15 Feb 2015 09:02
Manufacturing jobs vanishing from city Will the last person leaving the plant get the lights? New York City's once-mighty manufacturing sector is being strangled by low-cost competition and city policies, according to analysts. City manufacturing,...
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What the Chinese saying 'The ugly wife is a treasure at home' actually means Relationship expert Melissa Schneider, author of The Ugly Wife Is A Treasure At Home, shares the differences between China's beauty standards are our own. Produced by Joe Avella and Alana Kakoyiannis  Follow BI Video...
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Obama to Intervene in Dispute at West Coast Ports

The New York Times - 15 Feb 2015 04:05
Obama to Intervene in Dispute at West Coast Ports At the president's request, the secretary of labor will travel to California to "meet with the parties to urge them to resolve their dispute quickly at the bargaining table," according to a White House spokesman.
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Strong Support For Independence In Taiwan

Forbes - 15 Feb 2015 07:16
Febie, a woman in her late 20s, nods towards a group of diners in her small café in central Taipei, the capital of Taiwan, and acknowledges that customers like them have been good for business over the past few years.
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Apple has hired one of Britain's best-known radio DJs (AAPL) BBC Radio 1 presenter Zane Lowe, one of the most recognisable names (and voices) in British music, has been hired away from the radio station by Apple. The Guardian reports that Lowe is going to move to the US and work o...
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The structural problems underlying the crisis at a financial behemoth
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Bills in Washington State Seek to End Use of Coal

The New York Times - 15 Feb 2015 03:14
New measures could lead to the shut down of a large coal-fired power plant in eastern Montana that provides power to a chunk of the Pacific Northwest, which would have implications for Montana's economy.
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3% down payments lure homebuyers

USA Today - 15 Feb 2015 21:01
3% down payments lure homebuyers Recent policy changes aim to improve access to home loans for first-time buyers.          
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China Sovereign Fund Buys $1.2B Tokyo Building From Mori Relations between Beijing and Tokyo may have been tense in recent years, but that didn't stop a Chinese sovereign fund from teaming up with LaSalle Investment Management of the US to buy a Tokyo mixed-use complex for ¥1...
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Commercial paper market facing liquidity squeeze

New York Post - 15 Feb 2015 09:53
Commercial paper market facing liquidity squeeze It's the lubricant of the world's financial machinery, and its pros fear there is a major jam coming soon. The nuts-and-bolts sector of finance known as the $1.76 trillion US...
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Lower gas prices have been no help to retail sales

New York Post - 15 Feb 2015 09:44
Lower gas prices have been no help to retail sales How in the world can you do that? While gas prices have fallen 40 percent and the latest jobs numbers show growth, retail sales for January and December came up...
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ThinkPad laptops, which debuted in 1992, perennially have been top sellers among business customers and in December surpassed an impressive milestone with the sale of the 100 millionth ThinkPad, cementing…
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Tesco plans management cull to restore fortunes

The Guardian - 15 Feb 2015 23:37
Up to 9,000 jobs, including team leaders at larger supermarkets, to be shed a month after 43 store closures were announced Tesco is preparing to shed up to 9,000 jobs in a turnaround plan that would remove a layer of man...
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The Key to Solving the Black Jobs Crisis Is Organizing Black Workers Armed with extensive pre-apprenticeship certificates, Andre Hollins, a father of twin boys, searched nearly 2.5 years for work. By dawn, he would have already hit up multiple construction sites. He rarely saw people who ...
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The better-than-expected fourth-quarter earnings season may be the last one for a while
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Grammys sparks talk of new deals

New York Post - 15 Feb 2015 09:38
Grammys sparks talk of new deals The Grammys may be over, but all those high- powered executives getting together for a vodka-fueled weekend means there are deals on the way. On the Money sources spied Snapchat...
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Last week the Conservatives' gala for donors came the same day as revelations about secret Swiss accounts at HSBC - overseen by a Tory peer
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Why Big Data Is Bad For Investors

Forbes - 15 Feb 2015 02:26
Why Big Data Is Bad For Investors I never noticed it until 'Twas gone - the narrow copse Where now the woodman lops The last of the willows with his bill – Edward Thomas, "First Known When Lost" (1917)
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SF Pension Backs Hedge Funds

Forbes - 15 Feb 2015 02:21
SF Pension Backs Hedge Funds Critics of hedge funds who believed that the obituary had already been written for these controversial investment vehicles received some disappointing news this week. The San Francisco Public Employees Retirement System ...
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Treasury Auctions Set for the Week of Feb. 16

The New York Times - 16 Feb 2015 01:55
The following tax-exempt fixed-income issues are scheduled for pricing this week.
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