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Business News

Location American Business News for 25 May 2015
New York Real Estate Executive With 'Access to Politicians' Is at Center of Scandals Charles C. Dorego, general counsel for Glenwood Management, figures prominently in federal criminal complaints against Sheldon Silver and Dean G. Skelos that involve payoffs, graft, fraud and solicitation of bribes.
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The fallout from financial crises

BBC - 25 May 2015 03:08
The fallout from financial crises The impact of economic crises on everyday lives
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Sony Terms With Spotify Uncovered in Contract

The New York Times - 25 May 2015 05:26
Sony Terms With Spotify Uncovered in Contract Sony's relationships with digital services were exposed last week when a now-outdated licensing contract with Spotify was leaked online and friction with SoundCloud spilled into view.
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NEW YORK (Real MoneyPros) -- Doug Kass shares his views every day on RealMoneyPros. Click here for a real-time look at his insights and musings.   Today's Movers and Something to Watch Posted at 11:45 AM EDT on Friday ...
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PUTIAN, China
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A Shifting Middle: Public-Sector Jobs Vanish, Hitting Blacks Hard As public sector employment, once a dependable pathway to success for many blacks, was cut in the downturn, African-American communities suffered an outsize toll.
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European Central Bank Expands Mandate as It Struggles to Keep Zone Intact Top central bankers and economists convened this weekend to discuss unemployment and other economic issues that extended beyond the bank's edict to contain inflation.
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Japanese shares higher on trade data

BBC - 25 May 2015 04:49
Japanese shares higher on trade data Japan's shares head higher after data showed the country's trade account fell into a deficit in April, but it beat expectations.
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Bits Blog: Behind the Downfall at BlackBerry

The New York Times - 25 May 2015 03:35
A new book by two reporters from The Globe and Mail offers details about the emotional and business turmoil surrounding BlackBerry's near collapse.
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Japan ready to finance India's coal-fuelled projects

livemint.com - 25 May 2015 22:37
Japan ready to finance India's coal-fuelled projects With India's electricity demand to double to 2 trillion units, coal-powered generation to remain the mainstay
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Buybacks Alone Won't Fuel AutoZone

Wall Street Journal - 25 May 2015 20:27
Ahead of the Tape: AutoZone is in the stock-buyback zone, but growth may slow as its valuation rises.
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Long-term savings benefit from the power of compounding The earlier you start saving, the easier it becomes to achieve goals
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When Should You Fire a "Good Enough" Employee?

Harvard Business Review - 25 May 2015 18:00
Three questions can help.
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Feng Bin, 55, chairman of Beijing UTour International Travel Service, has become one of China’s newest billionaires after a rally in the shares of his tourism services company.
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South Korea's Startup Culture Marred By Misguided Ambitions South Korea’s startup culture has been gaining more attention as of late. According to Korea’s Small and Medium Business Administration, the number of startups in the country soared to roughly 30,000 as of January th...
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4 Ways To Very Quickly Grow Your Business

Forbes - 25 May 2015 06:04
Many entrepreneurs think that business growth has to occur slowly. Nothing could be further from the truth.
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KUALA LUMPUR
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The Week Ahead: Law Firm Fraud Trial; Silk Road Sentencing

The New York Times - 25 May 2015 04:56
The Week Ahead: Law Firm Fraud Trial; Silk Road Sentencing Business news this week will include opening arguments in the trial of three former Dewey & LeBoeuf executives and a prison sentence for the founder of Silk Road, an online drug bazaar.
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VIDEO: New hotel's focus is on 'tea rooms' The boss of InterContinental Hotel Group, Richard Solomons, talks about the company's 'made-for-China' hotels.
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Advertising newsletter PennySaver shuts down; hundreds lose their jobs The PennySaver, an advertising newsletter that was a fixture in Southern California mailboxes for decades, is going out of business.
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Nigeria's leading cellphone provider is going to shut down if it doesn't get more fuel LAGOS, Nigeria (AP) -- Nigeria's leading cellphone provider said Sunday it urgently needs diesel to prevent shutting down services countrywide -- the latest business hit by a months-long fuel crisis in Africa's biggest o...
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The Heat Is on Greece's Alexis Tsipras, From Inside and Out

The New York Times - 25 May 2015 02:22
The Heat Is on Greece's Alexis Tsipras, From Inside and Out A leftist faction in Mr. Tsipras' party demanding a harder line in debt negotiations was narrowly defeated in committee vote.
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