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Business News

Location American Business News for 5 August 2015
Casual apparel retailers like Aeropostale , who earn a major portion of their revenues from basic-logo merchandise, have suffered terribly at the hands of fast-fashion companies. A lack of comparable innovation and diver...
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(Reuters) - Wall Street was set to open higher on Wednesday after data showed private sector hiring in July rose the least since April, reducing expectations of a strong reading in the government's payrolls report due Fr...
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Wendy's reports higher profits, misses on earnings Hamburger chain's shares rise in pre-market trading          
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Jay Z Reportedly Planning Tidal Exit Strategy

Tech Times - 5 Aug 2015 07:46
Jay Z Reportedly Planning Tidal Exit Strategy Rumors claim that Jay Z is giving up on music streaming service Tidal. The service has been plagued by low consumer interest, executive departures and lawsuits.
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Alibaba chief hires former Goldman Sachs vice chairman Jack Ma just tapped a new president who promises to deliver the Goldman touch. The ambitious chairman of Alibaba.com has hired former Goldman Sachs vice chairman Michael Evans to beef...
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Judge Rejects Settlement in American Express Case

The New York Times - 5 Aug 2015 04:58
Judge Rejects Settlement in American Express Case Citing "egregious conduct" in text messages and emails between two lawyers, a federal judge scrapped a proposed $75 million settlement between American Express and a group of retailers.
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'What Do You Think of Jesus?' and Other Illegal Interview Questions and How to Handle Them "So, do you have kids?" "How old are you?" "That's an unusual name. Where are you from?" Wait! Don't answer yet. Calling these questions illegal is a little bit dramatic/semantic, but there are some things you should kno...
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Imports swell US trade deficit

BBC - 5 Aug 2015 17:29
Imports swell US trade deficit Record imports and strong consumer demand boosted the US trade deficit by 7.1% in June
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(Reuters) - Motorola Solutions Inc said private equity firm Silver Lake would invest $1 billion in the maker of walkie-talkies and radio systems as it looks to boost growth in its services business, which includes video ...
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Big business is not to blame for rising pay inequality US corporations could soon be forced to reveal what their CEOs earn compared with the average worker. But we also need to look at the bigger picture Inequality is back in the spotlight as the US Securities and Exchange C...
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Top Inside Sales Challenges in 2015: New Research Nearly every year for eleven years we have taken a pulse of the inside sales industry for both managers and sales reps and asked what their biggest challenges are.
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Samsung Pay on TV lets you buy apps and games with your credit card, debit card, and PayPal Samsung has introduced a new way for people to pay for content right through their television. Called Samsung Pay on TV, it supports major credit cards, debit cards, PayPal, and other mobile billing options. At first, us...
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Here's how Mode's viral hit '100 Years of Fashion' bagged 50M views EXCLUSIVE: Mode Media launched a video two months ago called “100 Years of Fashion in 2 Minutes” that has surpassed 50 million views, which the company says makes it the most-watched fashion video ever created. The c...
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Why Chris Pratt Is Not Banking Big Bucks From 'Jurassic World' The latest installment in the Jurassic Park franchise, Steven Spielberg’s classic dinosaur saga, grossed $1.6 billion worldwide. Yet Jurassic World's lead, Chris Pratt, earned less than $10 million for his role, FORB...
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'Mission: Impossible - Rogue Nation' Should Gross Massive $250 Million In China The biggest highlight on China’s upcoming movie release schedule is the September 8th debut of Mission Impossible: Rogue Nation, the fifth installment in Tom Cruise’s 20-year old action franchise. The new film will b...
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NEW YORK (TheStreet) -- With its shares down 7.8% in 2015 and nearly 49% in the past 12 months, Plug Power  , a manufacturer of fuel cell systems, has had a tough time turning its potential into actual cash. Fuel cells ...
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Motivating my staff - how do I reward them beyond a pay rise? A big pay packet isn't the only employee motivator, recognising their value, providing a good work/life balance and offering equity are also effective • Do you have a dilemma? Email smallbusinessnetwork@
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Australia's housing construction boom may be running out of puff, says analyst The number of people borrowing to buy existing homes is rising, says Nomura strategist, but number getting loans to build has moderated Cracks are appearing in Australia's housing construction boom and there are fears it...
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GE launches Predix Cloud service, says it will become available in 2016 GE, a company that sells consumer appliances as well as jet engines and other complex industrial equipment, today announced Predix Cloud, a version of its Predix machine data analytics software that will be accessible to...
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The company, which specializes in communications for emergency workers, has taken a $1 billion investment from the private equity firm.
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CBS quarterly income down 24%

USA Today - 6 Aug 2015 01:10
CBS quarterly income down 24% CBS Corp.'s second quarter net income falls 24% to $332 million while revenue is flat          
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New revenue figures show $50 billion Uber is losing a lot of money Uber has traditionally been tight-lipped about its finances, but a new leaked document obtained by Gawker's Sam Biddle suggests the $50 billion company is wildly unprofitable and losing tens of millions of dollars per ...
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