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Business News

Location American Business News for 14 August 2015
NEW YORK (The Deal) -- The Commonwealth of Puerto Rico is including some attractive features in the $750 million bond that its water and sewer utility is issuing, but sources say that it lacks one element that would mak...
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Oil Prices Slide to 6½-Year Low

Wall Street Journal - 14 Aug 2015 09:55
Crude-oil futures on the New York Mercantile Exchange dropped to a more-than six-year low on escalating concerns about demand from China following the yuan's devaluation.
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Greece: All-night debate on new bailout

Business Insider - 14 Aug 2015 08:35
Greece: All-night debate on new bailout ATHENS, Greece (AP) -- Greek lawmakers are continuing a debate in parliament to approve a massive new bailout deal after repeated delays over procedure and dissent within the governing left-wing Syriza party caused the s...
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Key eurozone talks on Greece bailout

BBC - 14 Aug 2015 19:04
Eurozone finance ministers are meeting to decide on a new bailout deal for Greece, after Athens backed the plan.
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Be Happier at Work With Rex Huppke's 5 Easy Steps

Chicago Tribune - 14 Aug 2015 18:45
Be Happier at Work With Rex Huppke's 5 Easy Steps I was perusing the Interwebs recently and came across an article titled "7 Morning Habits to Be Happier at Work."
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48% paycut for the CEO behind Guinness brand The CEO of Diageo, the maker of Guinness, Smirnoff, and Johnnie Walker, has had his salary slashed by 48%.
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U.S. growers worry over China's economy

L.A. Times - 14 Aug 2015 05:29
U.S. growers worry over China's economy California's growers are casting a wary eye toward China, their third-biggest trading partner, because the devaluation of its currency is expected to make pistachios, almonds and other farm products more expensive.
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A member of the Chicago Tribune's editorial board wrote Thursday that she is praying for a storm that will transform Chicago -- similar to the way Hurricane Katrina forced change upon New Orleans.
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Post-Katrina Struggles Continue in the Lower Ninth Ward and Parts of West Bank New Orleans (An earlier version of this blog was published in "The Louisiana Weekly" in the July 27, 2015 edition.) In the Lower Ninth Ward of New Orleans, Rev. Charles Duplessis of Mount Nebo Bible Baptist Church says an estimate t...
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Generic-Drug Firms That May Be Swallowed Up

Barron's - 14 Aug 2015 19:39
Generic-Drug Firms That May Be Swallowed Up ANI Pharmaceuticals, Akorn, Impax and Sagent Pharmaceuticals are smaller firms that could begin to consolidate.
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Apple Finally Releases Diversity Numbers, Shows Incremental Improvement Still, its U.S. workforce is largely made up of white men. A new snapshot of Apple's diversity numbers makes clear that the global innovator still has work to do, despite improvements made to diversify its ranks since la...
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Kaspersky ex-employees say Russian antivirus firm faked malware to harm rivals SAN FRANCISCO (Reuters, Joseph Menn) – Beginning more than a decade ago, one of the largest security companies in the world, Moscow-based Kaspersky Lab, tried to damage rivals in the marketplace by tricking their antiv...
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Why Murray Energy Acquired Goldman Sachs Group Inc Colombian Coal Mine? The US leading coal mining company, Murray Energy Corp. acquired Goldman Sachs Group Inc.'s (NYSE:GS) Colombian coal mining unit. The deal consists of several valuable assets, including two developed mines El Hatillo and...
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In this aging bull market, investors are showing signs of a sea change in their attitudes.
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(Reuters) - Wall Street was slightly higher on Friday as a raft of positive data pointed to a bullish signal for third-quarter economic growth.
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NEW YORK (TheStreet) -- Shares of Aspen Technology were falling 14.1% to $36.09 on heavy trading volume Friday despite the business software company's positive fiscal fourth quarter financial results. Aspen reported ear...
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China halts yuan devaluation with slight official rise against US dollar Central bank moves to ease uncertainty around currency on global markets after cutting exchange rate for three days running Related: China's economic mandarins are proving to be human after all China's central bank has r...
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NEW YORK (MainStreet) -- Cuba, with its longtime trade embargo and travel restrictions, clearly has been the furthest thing from a hotbed of economic activity for decades. But investors hoping all that will change amid ...
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NEW YORK (TheStreet) -- Goldman Sachs just got one step closer to becoming a bank for the people. On Thursday, the New York-based investment bank announced that it agreed to acquire the online platform of General Electr...
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RANKED: The world's national debts, from safest to most risky Bank of America's Transforming World Atlas has loads of lovely infographics in it, but one of the most colourful is a map of the world's riskiest sovereign debt. The map uses the prices of credit default swaps, which are...
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Greek bailout vote and eurozone GDP growth figures - live updates Rolling coverage as Greek MPs vote on the country's third bailout, plus the latest growth figures from across the eurozone Introduction: Greek MPs pull an all-nighter Tsipras: No regrets French GDP stagnates Germany miss...
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Nelson Peltz makes hay in Houston

USA Today - 14 Aug 2015 23:30
Nelson Peltz makes hay in Houston Shares of food distribution company Sysco shot up 7% on Nelzon Peltz's 7% stake          
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