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Business News

Location American Business News for 6 July 2015

U.S. Stocks Fall on Greece Debt Crisis

Wall Street Journal - 6 Jul 2015 18:30
U.S. stocks opened lower on Monday after Greeks resoundingly rejected creditors' conditions for further financial aid, pushing their country closer to bankruptcy and a potential exit from the eurozone.
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Greek crisis: more than $30bn wiped off Australian stock market after no vote Greece's defiant rejection of austerity is the main factor behind the dramatic slump in the market but lower commodity prices also to blame, analysts say More than $30bn has been wiped off the Australian stock market aft...
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10 Stupid Phrases the Worst Bosses Love to Use These platitudes have been used, misused, and abused -- especially by terrible bosses.
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The king's position on profits was instrumental in the treasure-hunting bubble of the 1690s. Merryn Somerset Webb explains how that applies to investing in Vietnam. The post What sunken treasure can teach you about inves...
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NEW YORK ( MainStreet) -- Some higher education observers have long thought that there has been a relationship between the cost of college and the availability of student loans. Cheap money--and more of it--puts upward p...
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Panic and blame in China's markets

BBC - 6 Jul 2015 09:04
Panic and blame in China's markets After several days of erratic trade on Chinese bourses, the BBC's Carrie Gracie assesses how the authorities have reacted.
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Thousands of women are burning their hair with candles as part of a trendy but bizarre beauty treatment A Brazilian beauty treatment known as velaterapia is gaining popularity thanks to Victoria's Secret models like Alessandra Ambrosia and Barbara Fialho. Ambrosia was the latest to Instagram the hair treatment, spotted by ...
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Europe's time to decide: Save Greece or not? Greece Crisis: European leaders meet Tuesday for an existential decision about Greece. Should they give ground to Greece and risk undermining the principles of the euro, or stand firm and risk the first exit from the 16-...
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Starbucks Is About To Jack Up Its Prices Steep coffee.
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How to Determine a Law Firm Marketing Budget

The Huffington Post - 6 Jul 2015 22:16
How to Determine a Law Firm Marketing Budget Attorneys often ask how much they should spend on marketing their law firm each year. It is a simple fact that marketing is going to cost money. However, it's how you spend your money that makes a difference. You want to...
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The Best Way To Motivate A Sales Force: Conditional Bonuses "...the company saw a roughly a 20% gain in sales when the bonus was conditioned on the salesperson hitting a quota."
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NEW YORK (TheStreet) -- Last Thursday, before the holiday weekend, came surprising news that Yelp  was no longer for sale. The stock immediately dropped 10% into the $30s. The last time it had been in the $30s was righ...
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NEW YORK ( TheStreet) -- In the fall of 2014, the Allied Pilots Association, which represents American pilots, wanted to be sure that all US Airways pilots were represented in seniority integration discussions following ...
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Biogen's Billion-Dollar Bet on Gene Therapy

Barron's - 6 Jul 2015 19:13
Biogen's Billion-Dollar Bet on Gene Therapy The deal to advance Applied Genetic's programs for genetic eye disorders shows Big Pharma is getting on board.
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Apple Pay To Hit UK On July 14 With £20 Transaction Limit Apple Inc. (NASDAQ:AAPL) announced its plans for its recently launched Apple Music service at the Worldwide Developers Conference. Alongside the company's highly popular iPhone 6 and iPhone 6 Plus devices, Apple Pay is n...
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Apple Inc. And Google Want A Share Of Autonomous Car Market Bloomberg predicts that the car industry is poised to grow in future due to how "smart" the cars are predicted to become. According to the website, cars will have the capability to find the fastest routes, and order and ...
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NEW YORK (TheStreet) -- U.S. stocks pared earlier losses on Monday as investors hoped debt-laden Greece and its creditors take action to avoid a Greece exit from the eurozone or "Grexit." The S&P 500 fell 0.16%, the D...
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Aetna (AET) Stock Declines on Analyst Downgrade

The Street - 6 Jul 2015 18:20
NEW YORK (TheStreet) -- Shares of Aetna are dropping 4.49% to $119.85 after FBR Capital downgraded it to "market perform" from "outperform" with a price target of $130.  Last Friday, Aetna announced the acquisition of H...
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Hollywood's Favorite Boutique Owner: Elyse Walker Elyse Walker first opened her eponymous Pacific Palisades, California boutique in 1999, and quickly amassed star studded clientele including Jennifer Garner, Kate Hudson and Cindy Crawford. Stocking her shelves with Sa...
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Southwest Airlines Co Flight 2869 Makes Emergency Landing At DIA After Blowing Tire Southwest Airlines Co. (NYSE:LUV) flight 2869 made an emergency landing yesterday shortly after it took off from the Denver International Airport, according to the Denver Post. The flight was en route to Los Angeles Inte...
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Johnson & Johnson's Key Drugs Outperforming

Barron's - 6 Jul 2015 13:56
Johnson & Johnson's Key Drugs Outperforming Invokana/Invokamet, Xarelto, Invega Sustenna, Remicade could show second-quarter upside but Olysio may offset.
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We're spending a lot more time in our favorite apps, but not trying new ones Americans are spending more than twice as much time using smartphone apps as they did just three years ago. But we're spending most of that extra time in a small number of familiar apps, rather than spreading it among a ...
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