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Business News

Location American Business News for 24 August 2015
As Minimum Wages Rise, Restaurants Say No to Tips, Yes to Higher Prices A no-tipping policy has already been adopted by a small number of restaurants, with others taking a wait-and-see attitude.
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Why stocks are tumbling 6 years into the bull market

Chicago Tribune - 24 Aug 2015 18:25
Why stocks are tumbling 6 years into the bull market Well, that was fun while it lasted.
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The expected move to free up more funds for lending--by reducing the deposits banks must hold in reserve--is directly aimed at countering the effects of a weaker currency, which could send more funds away from Beijing's ...
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Puerto Rico statehooders see opportunity as woes deepen

Business Insider - 24 Aug 2015 08:05
Puerto Rico statehooders see opportunity as woes deepen MANATI, Puerto Rico (AP) -- Revelers arrived in cars sporting the American flag and wore clothes in red, white and blue as they celebrated the anniversary of Puerto Rico's pro-statehood political party with deafening sal...
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3 Things That Will Eventually Kill Your Business The truth is that you probably won't see trouble coming, because whatever threatens to kill your company in the future is most likely a source of its strength today.
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Why the NYSE Invoked Rarely-Used Rule 48

NBC News - 24 Aug 2015 21:32
Why the NYSE Invoked Rarely-Used Rule 48 The New York Stock Exchange invoked a seldom used mechanism known as Rule 48 to pre-empt panic selling at the stock market open on Monday.
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Body Labs Provides 3-D Models Of Human Body And Tools To Analyze It Investigating a murder is how startup Body Labs got its start, according to the opening sentence from Issie Lapowsky at Wired. Computer vision expert, Professor Michael Black from Brown University, was asked by police to...
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The skid in stock prices may reach into the private markets, damaging fund-raising and valuations for startups of all stripes as venture capitalists shift their investment strategies.
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How the financial crash will affect you - and how to protect yourself The effect on stocks and shares Isas is obvious but savers and borrowers will also feel the repercussions. How should they react?
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Oil Prices Plunge More Than 6% As Stocks Drop

NBC News - 24 Aug 2015 18:46
Oil Prices Plunge More Than 6% As Stocks Drop Oil prices plunged sharply lower on Monday amid broader market turmoil.
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People are freaking out about 'Black Monday'

Telegraph - 24 Aug 2015 18:39
People are freaking out about 'Black Monday' Wall Street has crashed after China had the worst stock trading day in eight years, and people on Twitter are very worried about the situation
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Are Marketers Over-Hyping Marketing To Chief Marketers? For a long time, the CIO and the CTO have been the traditional IT buyers in the top tier of an organization. However, this trend is slowly beginning to change. Speculations are rife as to whether CMOs are going to take o...
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Dow down but recovering after massive 1,000-point drop at open U.S. stock markets plunged in early trading Monday following a big drop in Chinese stocks.
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What's bad for China is bad for U.S.

USA Today - 24 Aug 2015 18:18
What's bad for China is bad for U.S. China's plunging stock market ricochets around the globe and drags down U.S. stocks.          
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The 6 stocks absolutely crashing the Dow

USA Today - 24 Aug 2015 18:15
The 6 stocks absolutely crashing the Dow The market's pain is being especially hurt by specific stocks          
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Tech Five: Alibaba shares dive below IPO price

USA Today - 24 Aug 2015 18:03
Tech Five: Alibaba shares dive below IPO price E-commerce giant's plunge part of larger dip in tech sector.          
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The real startup life is brutal.
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Tim Cook reassures investors Apple's performance in China remains strong Apple's chief executive Tim Cook has told investors that Apple's performance in the volatile Chinese economy remains 'reassuring'
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Can OPEC Emergency Meeting Stop Crude Oil Decline?

Bidness etc. - 24 Aug 2015 17:51
Can OPEC Emergency Meeting Stop Crude Oil Decline? Following the nuclear deal in July, Iran has restated its commitment to developing its petroleum industry further. It is expected to increase output by 500,000 barrels of oil per day (bpd), once sanctions are lifted, and...
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Fire breaks out at Japan steel plant

BBC - 24 Aug 2015 10:14
Fire breaks out at Japan steel plant A large fire breaks out at a steel plant in Kawasaki, close to Japan's Tokyo Haneda international airport, but there are no reports of injuries.
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GUATEMALA CITY (AP) -- President Otto Perez Molina says he won't resign from office despite investigators saying he may have been involved in a customs fraud scandal that has thrown the country into political crisis. Per...
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China Shares Erase Year's Gains

Wall Street Journal - 24 Aug 2015 08:28
China's shares wiped out all of this year's gains, sending Asian markets tumbling, as fears about the deepening effects of a slowdown in the world's No. 2 economy rattle investors across the globe.
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