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Business News

Location American Business News for 29 June 2015
Bond insurers are getting smoked following the freak out in Puerto Rico Bond insurers MBIA and Assured Guaranty are under significant pressure thanks to their exposure to Puerto Rican debt. A bond insurer sells insurance to owners of bonds, which serves as protection in the event of default....
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How to clear out a ton of space on your iPhone superfast

Business Insider - 29 Jun 2015 18:49
How to clear out a ton of space on your iPhone superfast If you're running out of space on your iPhone, here's a guide that shows you how to clear out as much storage as possible. Produced by Monica Manalo Follow BI Video: On Facebook Join the conversation about this story »
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Molycorp Creditor Oaktree Scores With Savvy Move

Wall Street Journal - 29 Jun 2015 02:24
Molycorp Inc.'s bankruptcy is poised to leave credit-investing giant Oaktree Capital Group LLC unharmed while rival Apollo Global Management LLC and other junior creditors lick their wounds.
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A bunch of billion-dollar 'unicorn' startups are just 'horses with sticks taped on their heads,' top New York investors say On Monday, First Round Capital published a letter it sent to its limited partners about the state of startup investing. It was uncovered by Fortune's Dan Primack. According to New York's top startup investing firm, thing...
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Will BMW Pay $800 Million To Fix Cause Of Sudden Engine Failure? In the last five years, BMW, the maker of "the ultimate driving machine," has recalled about 700,000 vehicles for technical problems with the potential to cause their engines to fail.
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Greeks queue at ATMs as country's banks close for a week - video Lines at Greek banks' ATMs grew long early on Monday after the government moved to check growing strains on its crippled financial system by closing its banks. The step brings the prospect of a eurozone exit into plain s...
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NEW YORK ( TheStreet) -- Infant formula-maker Mead Johnson  is one of four companies ready to pop, according to Christian Greiner, portfolio manager for the Azzad Ethical Fund. Greiner said Mead Johnson shares have sunk...
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What If Activision Puts An End To Call Of Duty Franchise? At this stage, the success and contribution of the Call of Duty franchise becomes all the more important for Activision Blizzard. The company has recently announced the release of this year's edition of Call of Duty, wit...
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Amazon. com, Inc. To Offer Microfinance Loans To Sellers On Marketplace Reuters reports that Amazon.com, Inc. (NASDAQ:AMZN) is set to launch a new business loan program catering to small businesses in China as well as seven other countries; this is being done to help vendors in a market wher...
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Video ad spending is on a tear -- here are the most important trends shaping the industry Online video ads are one of the fastest-growing ad mediums, far outpacing growth in spending on television and other digital formats. Online video ad viewing exploded in 2013. Over 35 billion video ads were viewed in th...
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Greece Is Keeping Chinese Stocks From Rebounding The global market sell-off came at a rough time for Chinese stocks
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General Electric Company Officially Announces To Sell Off GE Capital Fleet Unit Element Financial Corp has signed a deal with General Electric Company (NYSE:GE) to acquire its fleet management services in Mexico, New Zealand, the United States, and Mexico, as per a Reuters report. The deal is worth ...
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13 interesting startups created by ex-Apple employees (AAPL) If you need any more proof that Apple is full of insanely talented people, just consider some of the companies that its employees went on to start after leaving the company. Ex-Apple employees have launched companies tha...
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NEW YORK (TheStreet) -- With so many Americans battening down the budget hatches, getting a great deal on an auto lease right now has its attractions. Goodness knows, there are plenty of value deals out there. Swapalease...
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America Needs Solutions For Paycheck-to-Paycheck Volatility This post was co-authored by Dalila Wilson-Scott
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Greek Situation Critical, Kicks Off Street's Holiday Trading Week A nail-biter for Greece and China, major U.S. economic data, and end-of-quarter position squaring headline a holiday-abbreviated trading week. That’s a lot of news packed into four days of potentially dwindling trading...
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The Supreme Court just took up a case that could end affirmative action The Supreme Court will again consider a Texas student's challenge to the use of race in college admissions decisions, justices announced Monday. The case -- Fisher v. University of Texas -- centers around Abigail Fisher,...
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Twitter Inc Works To Help Small Businesses Grow

Bidness etc. - 29 Jun 2015 18:28
Twitter Inc Works To Help Small Businesses Grow According to a report published by Bloomberg on Friday, Twitter Inc (NYSE:TWTR) now allows start-ups to post a tweet about their stock or debt offering to measure interest among potential investors. The Securities and Ex...
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U.S. Health Care Costs Rise Faster Than Inflation U.S. health care costs continue to rise, despite the advent of the Affordable Care Act. In this article, we'll look at the annual increase for health care and compare it to overall inflation.
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Private Equity Can Make Firms More Innovative

Harvard Business Review - 29 Jun 2015 18:00
A new paper shows how leveraged buyouts lead to more patents.
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After Sen. Ted Cruz (R-TX) said he would support Texas county clerks' ability to deny marriage licenses to gay couples on religious grounds, "Today Show" co-host Savannah Guthrie pressed the presidential candidate on the...
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British police seized a drone that was flying over the site of the Wimbledon tennis tournament Police in London have seized a drone that was flying over the site of tennis tournament Wimbledon, Engadget reports. The Metropolitan Police says it saw a drone flying over the All England Lawn Tennis Club on Saturday m...
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