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Business News

Location American Business News for 11 July 2015
30 years ago today Coca-Cola fixed a mistake that could have destroyed the company The most iconic American soda company once pulled a stunt that infuriated masses and nearly drove its business to the ground. Coca-Cola announced it was replacing its original formula with 'New Coke' in April of 1985. Th...
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'If they don't give me money, I'll be fired': the life of the charity cold-caller Charities desperately need telephone donations. But is the way they secure them justified? As fundraising comes under scrutiny again, the people on the other end of the line tell their stories Christopher Robinson worked...
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Sam Zell's Equity Commonwealth Is a Bargain

Barron's - 11 Jul 2015 10:27
Shares of Equity Commonwealth trade at a discount of about 20% to net asset value. The gap could close as Sam Zell sells less attractive properties.
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20 gorgeous natural wonders around the world

Business Insider - 11 Jul 2015 19:03
20 gorgeous natural wonders around the world Click here to see the story Join the conversation about this story » NOW WATCH: 4 major issues for any American who wants to visit Cuba
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FTC Curious How Apple Treats Streaming Music Competition In App Store The FTC is allegedly checking out allegations against Apple by rival music streaming companies such as Spotify (who use its platform) of improper treatment. The rivals allege that this treatment violates antitrust laws.
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Eurozone chief notes a 'major issue of trust' over Greek bailout plan Meeting is seen as Athens' last chance to secure a deal.          
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Redditors Win: Reddit CEO Ellen Pao Resigns

Tech Times - 11 Jul 2015 17:04
Redditors Win: Reddit CEO Ellen Pao Resigns Redditors are celebrating over the ouster of CEO Ellen Pao as Reddit chief. What's next for the online community?
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NEW YORK (Real Money) -- Earnings season is on like the break of dawn for one key sector: packaged-food companies. All in all, big names such as PepsiCo and General Mills have reported solid quarters considering several...
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Greece Debt Plan at Next Crucial Stage, as Finance Ministers Meet A Saturday meeting of eurozone finance ministers will help determine whether Europe will continue negotiating a bailout loan the Greek government desperately needs.
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Ellen Pao Was One More 'Difficult' Female Executive She may have not been the right person to lead Reddit. But that doesn't mean the deck wasn't stacked from the start
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The entire world learned a very important lesson about China this week As the entire world watched mainland China's major stock indices plunge this week, it learned something very important about the country that, for the most part it didn't know before. China is fragile. After a massive 15...
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A Cheap Way to Play the Global Travel Boom

Barron's - 11 Jul 2015 12:31
A Cheap Way to Play the Global Travel Boom Aircraft-leasing giant AerCap trades at eight times earnings. Shares could jump 35% as earnings beat estimates.
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Janus Capital Sees Better Days Ahead

Barron's - 11 Jul 2015 12:00
Janus Capital Sees Better Days Ahead The mutual fund firm has recovered from its boom-and-bust past, thanks to CEO Richard Weil's leadership.
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Barron's Stock Picks Are Beating the Market in 2015 Our 73 bullish stock picks rose an average of 3.7% in the first half of 2015, compared with a 1.1% decline for the S&P 500.
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General Motors is recalling nearly 780,000 crossover SUVs because the rear power lift gates can suddenly fall and hit people.
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China: Another Reason to Avoid Tech Stocks

Barron's - 11 Jul 2015 10:26
Warning signs on tech continue to grow. Why it's wise to wait out the slowdown--and buy stocks like Apple and Skyworks at lower prices.
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A New Approach to Bonds

Barron's - 11 Jul 2015 10:11
A New Approach to Bonds Bond funds tend to hold their value--unless rates are rising. Is it time to dump yours?
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Osborne drops tax bombshell that will wipe out bulk of buy-to-let profits The chancellor's speech contained a number of surprises, but for landlords it was a particular shock. We look at the impact on property investors' pockets Britain's two million buy-to-let landlords could see at least hal...
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The government's all-out response is a measure of what's at stake for Xi Jinping.
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4 Phone Calls That Can Save You a Ton of Money

ABC News - 11 Jul 2015 09:35
4 Phone Calls That Can Save You a Ton of Money Saving money can be as easy as asking someone to charge you less, but you have to make the effort.
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SEC Data Gathering Needs an Overhaul

Barron's - 11 Jul 2015 08:09
The SEC made a good start in 1993 when it created a system for electronic publishing of corporate data. Now it's time to do a better job for investors.
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Universal's 'Minions' expected to make $100M in opening weekend Expect "Minions"-mania at the box office this weekend. The Universal Pictures flick is projected to break $100 million in its opening weekend. Together with the studio's success with "Jurassic World"...
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