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Business News

Location American Business News for 15 April 2015
Apple created a lavish customized gold Apple Watch for designer Karl Lagerfeld Apple created a customized version of the gold Apple Watch specifically for French designer Karl Lagerfeld.  The designer's bodyguard and assistant, Sebastian Jondeau, shared a photo of the watch on Instagram where he t...
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This Is What Your Salad Bar Would Look Like Without Bees (And Other Pollinators) By now, you probably have your salad bar game down to a science. Arugula, beets, feta, sunflower seeds and a touch of balsamic vinaigrette? A little bit of falafel if you want to feel fancy? Well, without bees, butterfli...
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Bank of America returns to profit

BBC - 15 Apr 2015 16:13
Bank of America returns to profit Bank of America has reported a return to profit for the first three months of the year.
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China's economy hits slowest growth since '09

USA Today - 15 Apr 2015 07:44
China's economy hits slowest growth since '09 China's economic growth slowed to 7% , its slowest rate since 2009          
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Natural Pearl Necklace Sells For World Auction Record $5.1 Million The top lot of Christie's Magnificent Jewels sale was a 5.29-carat fancy intense purplish pink diamond that sold for more than $5.7 million. Graff and JAR pieces were also among the top lots of the sale.
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'The Millionaire Matchmaker,' Patti Stanger, On Matters Of The Heart And Mind We hear from Patti Stanger, Bravo TV?s The Millionaire Matchmaker, and founder of Millionaire?s Club. Acting as a marriage catalyst for millionaires, Stanger finds herself, on a daily basis, directing traffic for her cli...
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Prohibited transaction is key: Will give rise to new legal exposure, new comp models.
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VIDEO: Should minimum wage be $15?

BBC - 15 Apr 2015 19:26
VIDEO: Should minimum wage be $15? A push by labour activists in the United States for a $15 per hour minimum wage is going global.
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Bank of America reports quarterly profit

Reuters - 15 Apr 2015 15:15
(Reuters) - Bank of America Corp , the No. 2 U.S. bank by assets, reported a first-quarter profit of $2.98 billion, compared with a surprise loss a year earlier when it took a charge of $6 billion for litigation expenses...
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This chart about spending in restaurants is unbelievable ... because it has a major problem This is an amazing chart. The chart shows that total spending at restaurants and bars -- "food and drinking places" -- topped spending at grocery stores in March.  This is a huge deal.  But it doesn't quite show what y...
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Rethinking how you build clients' equity portfolios

Investment News - 16 Apr 2015 01:09
How cyclical and sector stock investing intersect represent an untapped opportunity for clients to diversify and see risk-adjusted returns.
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It takes a whopping 90 gallons of water to produce one tiny container of Greek yogurt You may have heard that Greek yogurt has a big waste problem. To make it thick and creamy, producers strain out all of its liquid. They end up with an enormous amount of watery, acidic byproduct that they still have no i...
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Nearly half of retirees wish they had retired earlier

Investment News - 15 Apr 2015 23:36
But savings gap may force future retirees to work longer.
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Burnout Game Ventures combines elements from both the accelerator model and the incubator model into what they have dubbed the "venturator." As such, it is neither accelerator or incubator, but something else altogether....
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Fast-food wage protests in works for Tax Day

USA Today - 15 Apr 2015 16:08
Fast-food wage protests in works for Tax Day Protests and strikes evolve to wider swath of workforce in April 15 action.          
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US banking giant found to have broken rules designed to protect more than £1tn worth of assets held on behalf of UK-based clients in event of collapse A US banking giant has been fined £126m by the City regulator for b...
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EU Formally Accuses Google Of Market Abuse, Opens Probe Into Android Google faces a fine of more than $6 billion, or 10% of its annual revenue, if it can't reach a settlement.
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IMF forecasts show that Britain could join a tiny group of European countries that have shrunk the size of their states dramatically. But it needn't be this way
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Alibaba Group will shift its Tmall online-pharmacy business to its publicly traded health-care arm in a deal valued at $2.51 billion, as it ramps its focus in that sector.
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Edmunds: Givd kids active role in your business

USA Today - 15 Apr 2015 08:40
Edmunds: Givd kids active role in your business There can be benefits to bringing your family closer to your business.          
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Investors Hunt Bargains in European Corporate Bonds

Wall Street Journal - 15 Apr 2015 08:07
Investors are stepping back into European corporate bonds, hunting for bargains after a surprisingly sharp decline in prices at the start of the European Central Bank's debt-buying program.
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Why Corporate Cybersecurity Teams Are Going Anonymous TruStar, a new service, wants the world's top corporations to share hacker attack info with each other. Crazy or genius? Paul Kurtz, a former cybersecurity advisor to Presidents Obama and Bush, is a successful entreprene...
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