Business News
China's Billionaire Actress Zhao Wei (赵)
Forbes - 6 Jun 2015 21:35
The world’s wealthiest working actress is a former kindergarten teacher with such keen investing acumen that she’s been nicknamed "China's show-business Buffett" by her country’s media.
PayPal to users: Actually, you can opt-out of robocalls
Venture Beat - 6 Jun 2015 19:06
Its recently released agreement provides only way to opt-out: close your account. After getting heat, the financial services company now says customers can also opt-out via customer service.
Hawaii Pulls The Plug On Embattled Health Insurance Exchange
The Huffington Post - 6 Jun 2015 17:26
Hawaii's health insurance exchange announced on Friday that it will be shutting down, and its nearly 40,000 enrollees will be transitioned to the federal Obamacare marketplace, Healthcare.gov. The private, nonprofit Hawa...
Boots offers 115-year-olds single-trip travel insurance
The Guardian - 6 Jun 2015 10:00
The high street chemist effectively drops age limit for its insurance policy Boots has announced that old age need no longer be a barrier to going abroad after it raised the upper age limit on its single-trip travel insu...
Dow Falls 1% on Fears of a Coming Rate Hike
Barron's - 6 Jun 2015 08:49
Investors expect strong economic news to hasten an interest-rate rise.
Who Will Win the GOP Nomination?
Barron's - 6 Jun 2015 08:48
From an expansive field of 19 likely Republican candidates getting set to square off, we pick the seven strongest and make a prediction.
Clariant Shares Could Fetch 20% More
Barron's - 6 Jun 2015 06:38
Takeover or no takeover, the Swiss chemical maker's prospects look good.
Walmart CEO ignores laid-off employees' pleas to get jobs back
New York Post - 6 Jun 2015 06:36
It was a David vs. Goliath moment for the world's largest retailer. A laid-off Walmart worker managed to corner Chief Executive Doug McMillon at the company's annual meeting on Friday...
A Liquidity Time Bomb in the Bond Market?
Barron's - 6 Jun 2015 05:45
Bond ETFs and mutual funds are underpinned by much less liquid assets. That, Nouriel Roubini warns, is a recipe for disaster.
Lehman to Pay Barclays $1.3 Billion to Settle Suit
The New York Times - 6 Jun 2015 04:33
The pact, if it wins court approval, would conclude about six years of fighting involving Barclays over the sale of Lehman Brothers.
Does Appeal Or Corporate Bias Explain Endorsement Gap Between Serena Williams And Maria Sharapova?
Forbes - 6 Jun 2015 22:13
I don't really have an answer for the question posed in this title, but after researching some financial facts about player endorsements after Serena Williams won her 20th career singles Grand Slam in Paris on Saturday ...
Clever animation shows the shocking human cost of World War II
Business Insider - 6 Jun 2015 21:48
Today marks the 71st anniversary of the allied invasion of Normandy during World War II -- also known as D-Day -- that led to the liberation of France from Nazi control and contributed to the Allied victory. An estimated...
Corner Office: Liz Rodbell on Taking the Time to Recognize Success
The New York Times - 6 Jun 2015 20:04
The president of Lord & Taylor and Hudson's Bay department stores said she learned early on the importance of saying thank you to improve morale.
Lockheed Martin Corporation Signs $920 Million F-35 Contract
Bidness etc. - 6 Jun 2015 18:10
Lockheed Martin Corporation (NYSE:LMT) recently announced that it has signed a contract for supplying 94 F-35 military aircraft to the US Air Force, Turkey, Italy, Norway, Australia, and other countries. The company will...
Tesla Motors Inc To Award Hackers $1,000 In Bug-Hunting Scheme
Bidness etc. - 6 Jun 2015 18:02
Tesla Motors Inc (NASDAQ:TSLA) will start rewarding hackers through a bug-hunting scheme, which will encourage people to report security problems on Tesla's website. The program is official on a crowdsourcing company web...
Bank of America Corp (BAC) Could Reduce Expenses Further: JPMorgan Chase and Co.
Bidness etc. - 6 Jun 2015 17:24
According to a recent research note published by JP Morgan Chase, Bank of America still uses cost cutting practices as a catalyst. Vivek Juneja, an analyst at the firm, said that Bank of America CEO Brian Moynihan has tu...
This Potato Chip Shows Us the Crazy Future of Food
Time - 6 Jun 2015 17:20
Back to the future
It took 16 years for Salesforce to finally become part of this exclusive list of America's largest companies (CRM)
Business Insider - 6 Jun 2015 17:19
Salesforce may already be one of the most powerful companies in San Francisco, but in the rest of world, it's still working its way up to becoming a mainstream brand. And this week, it took another step forward by settin...
How The World's 50 Best Paid CEOs Found Their Groove On Social Media
Bidness etc. - 6 Jun 2015 17:14
Social media networks have become globally recognized as an important business marketing strategy in recent years. Moreover, big companies are looking to create a greater impact on mainstream social media to capitalize o...
Actavis Plc: Orexigen Therapeutics, Inc. And Takeda Pharmaceutical File Lawsuit To Block Generic Weight-Loss Pill
Bidness etc. - 6 Jun 2015 16:45
Orexigen Therapeutics, Inc. (NASDAQ:OREX) and its partner Takeda Pharmaceutical Co Ltd (ADR) (OTCMKTS:TKPYY) have filed a lawsuit against Actavis Plc (NYSE:ACT) to block a generic version of a weight-loss pill sold in th...
Google Inc -Twitter Inc Merger Talk: Several Relevant People Agree On "Twoogle"
Bidness etc. - 6 Jun 2015 16:44
For some time, rumors have been crossing the wires that Google Inc (NASDAQ:GOOG) may acquire Twitter Inc (NYSE:TWTR). The idea of "Twoogle" has emerged, which is being made increasingly credible by some of the important ...
Netflix announces October launch in Spain, Italy and Portugal as European expansion rolls on
Venture Beat - 6 Jun 2015 15:59
When the service goes live, Netflix will be available in 12 European countries. Last year, Netflix expanded into France, Germany, Belgium, Austria, Switzerland, and Luxembourg.