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Business News

Location American Business News for 3 September 2015
Average US rate on 30-year mortgage rises to 3.89 percent; 15-year loan up to 3.09 percent
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Key Food looks to buy A&P workers out of bankruptcy

New York Post - 3 Sep 2015 06:21
Key Food looks to buy A&P workers out of bankruptcy Small grocer Key Food is shopping for a better deal from Big Labor. The Brooklyn-based chain, a cooperative of 180 stores that are individually owned, has been negotiating with United...
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A former Goldman Sachs employee who went on to launch a startup shares her favorite interview question You may think being in the hot seat, where you typically have to answer dozens of questions about yourself, is tough -- but things aren't necessarily much easier for the hiring manager on the other side of the desk. As a...
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Nude Selfies Sent to HR Manager Nix Job Offer

NBC News - 4 Sep 2015 00:44
Nude Selfies Sent to HR Manager Nix Job Offer An Illinois man weighing a job offer accidentally texted two nude selfies to the company's HR manager.
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The Force Is With Them: The 3 Companies That Will Make Big Money From Star Wars Disney, Hasbro and Electronic Arts investors stand to benefit from a galaxy far, far away.
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A Gold Trade Investors Can't Refuse---Even if They Want To

Wall Street Journal - 3 Sep 2015 18:03
London-listed gold miner Polyus gives investors another hard lesson in why they should stay away from emerging-markets resources stocks with small free floats.
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Firm recommends BofA separates CEO and chairman roles Bank of America Chief Executive Officer Brian Moynihan is in for a bumpy ride this month. That much was assured on Wednesday after proxy advisory firm Glass Lewis recommended shareholders...
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Greek Americans Continue Fight For Greece After Debt Deal

The Huffington Post - 3 Sep 2015 07:06
Greek Americans Continue Fight For Greece After Debt Deal Greece may be out of the headlines, but it is not off the Greek-American community’s agenda.  That was the message of a briefing call conducted by former California state treasurer and renowned finance expert Phil An...
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Why August's jobs report will disappoint

New York Post - 3 Sep 2015 06:28
Why August's jobs report will disappoint If this column had sound, I'd be playing organ music right now with the volume climbing like in all those old horror movies -- followed by a shriek, "Aiieee!" On...
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Why I Left Wall Street to Start My Own Company Take a leap of faith
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Post-crash behavior will lead to Dow 20,000

Investment News - 3 Sep 2015 20:59
The current correction gives the bears the most ammunition to claim that a new bear market has started. But don't jump to conclusions just yet because history suggests otherwise.
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Google now offers search information cards on more than 900 diseases Google is making it possible for users to find out more about health conditions that may be plaguing them or their community. The company announced that it is updating its health feature to provide information on more th...
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Biggest food and drink companies found to be ignoring impact on climate CDP analysis finds fewer than a quarter of big food, beverage and tobacco brands report agricultural emissions The vast majority of the world's biggest food, beverage and tobacco companies are ignoring their largest clim...
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Restaurant chain Pizza Express is to stop deducting an 8% administration fee from staff tips made by card, the company announces.
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I shudder every time I see a state government use the tax law as an incentive for a business to do or not do something. I shudder a lot. States provide these incentives so businesses can create jobs, make investments, lo...
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General Mills sells Green Giant veggie business B&G will buy Green Giant, Le Sueur for $765 million in cash.          
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Wall St. opens higher on data, ECB comments

Reuters - 3 Sep 2015 18:15
(Reuters) - Wall Street opened higher on Thursday as data pointed to a strengthening U.S. economy and the European Central Bank indicated it could prolong its stimulus program.
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Lost Australian sheep yields 30 sweaters worth of fleece

Business Insider - 3 Sep 2015 10:26
Lost Australian sheep yields 30 sweaters worth of fleece CANBERRA, Australia (AP) -- A lost, overgrown sheep found in Australian scrubland was shorn for perhaps the first time on Thursday, yielding 40 kilograms (89 pounds) of wool -- the equivalent of 30 sweaters -- and sheddi...
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Millions of British women are suddenly going get more cash next year Around 3.7 million women in Britain are going to find more cash in their pockets from next year, says independent think tank Resolution Foundation. This is because nearly three in 10 employees told them that they will�...
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Nissan Invests £100m In Juke At Sunderland

Sky News - 3 Sep 2015 09:52
Nissan Invests £100m In Juke At Sunderland Tens of thousands of jobs have been secured as Nissan selects its Sunderland plant to build the next generation Juke crossover.
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Amazon is spending $500 million to make internet videos a little better (AMZN) Amazon's cloud infrastructure business, AWS, is buying the backend video service Elemental Technologies, the companies just announced in a press release. The Information first reported the news, pegging the price at $500...
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SunEdison (SUNE) Stock Jumps on CEO's Comments

The Street - 3 Sep 2015 23:30
NEW YORK (TheStreet) -- Shares of SunEdison were gaining 10.2% to $11.89 on heavy trading volume Thursday after the CEO of the solar energy company promised the company will see cash flow by 2016 or late 2015. "The most ...
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