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Business News

Location American Business News for 29 August 2015
A look inside SeekingArrangement, a website that promises to help young women find 'sugar daddies' GQ has just published a fascinating glimpse into SeekingArrangement.com, a "sugar daddy" dating website that lets older, wealthy men meet younger girls. There's still a taboo around an older man paying lavishly for the c...
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American Airlines, CA, Coach, and Paccar Look Like Bargains American Airlines, CA, Coach and Paccar shares are cheap. All pay dividends, too.
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PayPal Shares Could Rise 40% as Digital Wallets Proliferate The former eBay unit's shares have dropped since the recent spinoff, but the company has loads of opportunities and cash to grow.
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The rich and powerful are going crazy over these luxury SUVs with bathrooms and cable TV Click for the story > Join the conversation about this story »
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Felix Zulauf Sees Markets Falling Further

Barron's - 29 Aug 2015 10:14
Felix Zulauf Sees Markets Falling Further Felix Zulauf expects China's yuan to lose up to 30% of its value, leading to more turmoil for stocks and a possible banking crisis in Asia.
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Typhoon of Fear Roils Bonds, Too

Barron's - 29 Aug 2015 09:57
Funds at Janus, Loomis Sayles take big hits early in week. Treasuries, surprisingly, fail to benefit from "flight to quality."
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UK prosecutors mull charges for News Corp. over hacking

Business Insider - 29 Aug 2015 14:30
LONDON (AP) -- British prosecutors are considering corporate charges against Rupert Murdoch's News Corp. over phone hacking at the now-defunct News of the World tabloid. London's Metropolitan Police said Saturday it had ...
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Fannie Mae and Freddie Mac settlements loom on horizon

New York Post - 29 Aug 2015 10:40
Fannie Mae and Freddie Mac settlements loom on horizon The Obama administration may be close to calling a truce with aggrieved shareholders of Fannie Mae and Freddie Mac. Shares of the mortgage-financing giants jumped on Friday after an influential...
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Armed guards stationed at American Apparel HQ amid rising tensions American Apparel workers say they feel more like prisoners than employees. The troubled Los Angeles-based retailer has become a fortress over the past several weeks, they say, as tensions between...
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Apple Music Executive Ian Rogers Resigns: Is Something Out Of Tune? Ian Rogers has resigned. He is a key figure in Apple Music so, with him out, will the music streaming service be negatively affected?
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Berkshire Hathaway Inc. (BRK.A) Reveals $4.50 Billion Stake In Phillips 66 (PSX) Warren Buffet, the billionaire investor, is back in energy space, increasing his bet on the sector through an increased stake in Phillips 66 (NYSE:PSX).
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Credit Suisse Group Revisits Outlook On GameStop Corp. (GME) Stock, Remains Neutral GameStop Corp. (NYSE:GME) reported stronger-than-expected results for its second quarter of fiscal '15 (2QFY15) yesterday. The stock fell significantly following the release in after-hours and in day's trade yesterday. T...
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IRS needs to do more to fight income tax identity theft The new proposed regulations do not improve this situation at all.          
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6 places for FREE help with credit problems

USA Today - 29 Aug 2015 16:00
6 places for FREE help with credit problems There are reputable sources that can help you get back on track, and many offer low-cost or free credit help.          
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Tell Us Which Companies Crushed It In Response to Security or Privacy Issues This Year Companies suffering security breaches or being alerted of vulnerabilities are nothing new, and to be honest, their responses are usually dismal. So much so that when I started poking around for names of businesses that h...
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Lovin' that McDonald's dividend? Well . . .

USA Today - 29 Aug 2015 14:32
Lovin' that McDonald's dividend? Well . . . Dividend increases aren't as certain as they have been in the past at the House of Ronald.          
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Obama defends Shell Arctic drilling decision

Business Insider - 29 Aug 2015 14:14
Obama defends Shell Arctic drilling decision Washington
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The Apple CEO's Monday morning e-mail to Jim Cramer, about "strong" business in China, leaves a sour taste.
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It's time for Edinburgh's fringe beneficiaries to pay the piper Welcome to the perfect capitalist model, where the owners of assets such as hotels skim off large profits, while the people who make those profits possible walk away penniless How much is a pint of Guinness, I asked the ...
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Sainsbury's waves in contactless payments with £30 card pay limit Although the use of the technology has rocketed by 560% millions remain locked out Contactless card payments are booming, and the technology is about to receive a double boost. Next week the card limit will rise from £2...
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Funds shifted from technology to health care in the first half, and pared some leveraged trades in China.
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Profiting From a Hellish Market With Options

Barron's - 29 Aug 2015 09:36
The recent China-driven turmoil has spurred a spike in volatility. Investors can benefit by selling puts on quality stocks.
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