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Business News

Location American Business News for 3 July 2015

How Nelson Peltz Gets Results

Barron's - 3 Jul 2015 09:11
How Nelson Peltz Gets Results Nelson Peltz was an activist before the term was popular. Targets like Pentair are bigger, but his aim is the same: Cut costs, boost sales.
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Redditors are disgusted by one man's photo of a pathetic breakfast sandwich Airplane food is known for being terrible, but nobody ever said anything about airport food. Earlier this week, Reddit user "spambox" posted a photo of a bacon and egg sandwich he was allegedly served in an airport in Ed...
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How a Greek Default Could Hammer Bonds

Barron's - 3 Jul 2015 09:22
How a Greek Default Could Hammer Bonds Euro-zone governments will have to cover some $370 billion in losses if Greece rejects a bailout.
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Alwaleed bin Talal: meet the Saudi prince giving away all his money The high-flying royal, who sued Forbes for 'underestimating' his fortune just years before handing it all to charity, seems to defy the cliches of a Saudi magnate There is something that Prince Alwaleed bin Talal of Saud...
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Greek ATMs will be empty on Monday - unless Europe steps in The head of the Greek Banks Union just admitted that Greece's ATMs will run dry by Monday unless Europe steps in and loans it more cash. Strict capital controls were introduced in Greece last weekend limiting people to w...
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4
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Fans of Facebook and Netflix, but Wary of Apple Bespoke Investment's Hickey and Walters see better times ahead for large-caps, housing, Netflix.
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Harley-Davidson Could Roar to 30% Gains

Barron's - 3 Jul 2015 09:14
Harley-Davidson Could Roar to 30% Gains With shares off 15%, Harley-Davidson is opening the throttle on buybacks. A ticket to ride with an American icon.
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S Korea to pump $10bn into economy

BBC - 3 Jul 2015 09:11
S Korea to pump $10bn into economy South Korea will inject billions of dollars into its economy as it continues to struggle with falling exports and the outbreak of Mers.
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Hey, look -- the company that is supposed to kill Apple just hit a wall (AAPL) Chinese smartphone company Xiaomi announced that it sold 34.7 million smartphones in the first half of 2015, a 33% gain. While it tried to frame the news as a positive, the truth is that it's worrisome for the company. A...
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3
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78 years ago, a journalist studied 500 rich men and boiled down their success into 13 steps At the peak of Andrew Carnegie's career, he crossed paths with an impressive journalist named Napoleon Hill, who he trusted to document -- and share with the world -- the strategies that turned him into one of the wealth...
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The young Greeks I spoke to backing both sides in the referendum are still full of hope for their country ATHENS, Greece — Everyone in the world seems to be focused on Sunday's referendum. In Syntagma Square, the centre of Greek political life, the "No" side were already getting ready for a rally on Friday night. Prime Min...
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We compiled every US beach ranking we could find -- here are the winners Click for the story > Join the conversation about this story »
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Here's what the world's big economies will do through 2016 It's all connected. From interest-rate hikes in the US to the Greek debt crisis, events within nations affect economies across the globe. A June report from analysts at Nomura Securities broke down all the changes happen...
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Cartel Land Is A Must-See Mexico Movie

Forbes - 3 Jul 2015 17:27
Cartel Land Is A Must-See Mexico Movie "Cartel Land" is a compelling, important documentary. Matthew Heineman’s film provides access and insights into the inner working of two vigilante movements. It follows the story of Tim “Nailer” Foley and his pack ...
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JSPL shares hit 8-year low on high volumes

livemint.com - 3 Jul 2015 12:59
JSPL shares hit 8-year low on high volumes Intraday, it touched a low of Rs83.6 on the BSE, a level last seen on 20 April 2007
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3
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Facebook Tweaks Its Logo For The First Time Since 2005: Why The Subtle Changes Matter Facebook has officially redesigned its logo, albeit it may go unnoticed at first glance. The changes are subtle, but they have their purpose.
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3
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Why Greece Will Stay in the Euro Zone

Barron's - 3 Jul 2015 08:46
A respected analyst says the country will approve an austerity package and boot out the current leadership. Plus, why China's stock market doesn't work.
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3
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Chipotle Losing Its Spice

Barron's - 3 Jul 2015 08:45
Chipotle Losing Its Spice The groundbreaking restaurant chain faces new challenges trying to grow. The stock could lose another 15% to 20%.
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3
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President Peña Nieto reopens fields to foreign drillers for first time in 75 years in bid to lift production.
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3
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Oscar winner J.K. Simmons is way underused in 'Terminator Genisys' Warning: Spoilers ahead. "Terminator Genisys" (now in theaters) doesn't disappoint when it comes to incredible action sequences and dry, robot-like humor from an aged but not obsolete Terminator, played, for the first ti...
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Payment-by-selfie is nearly a reality

New York Post - 3 Jul 2015 08:39
Payment-by-selfie is nearly a reality Shoppers will soon be able to pay for purchases by taking a selfie. Facial recognition software is expected to be ready by the end of the year to link your...
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Regulators Warn Banks on Loans to Oil, Gas Producers

Wall Street Journal - 3 Jul 2015 08:19
U.S. regulators are sounding the alarm about banks' exposure to oil and gas producers, a move that could limit their ability to lend to companies battered by a yearlong slump in prices.
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