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Business News

Location American Business News for 22 September 2015

Beacon: How Does "The Uber of Private Flights" Work?

Fast Company - 22 Sep 2015 18:10
Beacon: How Does Imagine calling an airport 15 minutes before you have to leave and securing a flight? Well, if you have the money... Last week saw the launch of Beacon, a startup airline offering unlimited flights along the NYC to Bosto...
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A high percentage of agents who advertise on Zillow have increased the number of dual-agency deals, where they represent both buyer and seller.
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Are The Bears Out?

Forbes - 22 Sep 2015 09:28
Are The Bears Out? Bear trend looks to be weakening as some indicators provide bullish signs.
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By Caroline Valetkevitch NEW YORK
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Credit card interest rate leaps from 8% to 15% in eight years, Senate hears Research shows average interest rate almost doubled between 2007 and 2015, 'an extraordinary blowout' says comparison website Canstar The average interest rate on credit cards has almost doubled since 2007, a Senate inqu...
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Volkswagen Rocked by Emissions Scandal as Prosecutors Come Calling Volkswagen is facing as much as $18 billion in fines
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Domino's Accidentally Delivers $1,300 In Cash Instead Of Chicken Wings Hiding nearly $1,300 in cash in a box marked "chicken wings" might seem like a great way to safely get money to the bank, but only if you don't accidentally deliver it to a customer. A Domino's in Berkeley, California, ...
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The 30-Minute Interview: A Conversation With Hamid R. Moghadam Mr. Moghadam, 59, is chairman and chief of Prologis, a real estate investment trust based in San Francisco.
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Kamado Grille Creates An Experience For Customers By Giving A Little Unexpected Extra Today's customer is no longer looking to just buy a product or a service. They are looking for more. They are looking for an overall memorable experience. Because life and word of mouth are not measured by simple breat...
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Climate leaders should work with oil companies to put a price on carbon Six oil companies are calling for a global carbon pricing system. You may be skeptical, but here's why the idea is no joke As Pope Francis visits the US, and the UN Summit on Sustainable Development and Climate Week kick...
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Here's what auto industry analysts are saying about Volkswagen's crisis Volkswagen is in crisis. The CEO, Martin Winterkorn, has been ousted, according to German press reports in Der Tagespiegel, and he will be replaced by Porsche CEO Matthias Muller. Last week news broke that VW used soft...
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(Reuters) - Wall Street fell more than 1 percent in early trading on Tuesday due to a fall in oil and copper prices on concerns about the outlook for the Chinese economy.
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Goldman Sachs' 2nd-most-powerful executive is going to be the public face of the bank for a while Goldman Sachs CEO Lloyd Blankfein has disclosed he has cancer, and that he will reduce some of his previously planned travel during a period of treatment. In a letter to shareholders, Blankfein revealed that he has a "hi...
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These 7 charts show who exactly owns Britain's stock markets Twice a year Britain's Office for National Statistics (ONS) produces an estimate of who exactly owns the shares in UK-listed and incorporated companies.The latest figures show, perhaps surprisingly, that pension funds p...
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Mongolia Takes Beating As China's Commodity Hunger Declines China’s slowing economy and declining appetite for energy, metals and other commodities is bad news for several Asian commodity-producing countries, the Asian Development Bank warned Tuesday.
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PwC to start giving employees $1,200 a year in student loan debt assistance Help paying off loans could become more common in the private sector.          
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Staples, Office Depot $11.3B merger may not happen: source A top FTC regulator has put a PostIt on the merger file of the two national office supply chains saying "No deal," a source says. The proposed $11.3 billion marriage...
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Taylor Swift dancing with this awesome 7-year-old fan is the most adorable thing you'll see today Dylan Barnes might be the youngest contender for membership in Taylor Swift's infamous "squad." After a video of the seven-year-old dancing to Swift's "Shake It Off" went viral on Facebook, Barnes was invited to recreate...
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Mayor Rahm's Next Move: A $543 Million Property Tax Hike As Mayor Rahm Emanuel warned, pubic employee unions' unwillingness to reform their pension benefits has led to higher taxes, fees and fines for Chicagoans.
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Driven: Video Review: The Ford Edge Adds a Touch of Luxury

The New York Times - 22 Sep 2015 22:37
The midsize crossover category has gotten smaller with the discontinuation of the Honda Crosstour and Toyota Venza, but the new Edge remains a strong entry.
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Developer pays $41.5 million for Wynwood block

Miami Herald - 22 Sep 2015 21:58
New York-based Thor Equities is expanding its holdings in Wynwood 100,000-square-foot site had been location of an industrial pipe and plumbing supplier Thor plans to redevelop the property …
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What's So Awful About The Carried Interest Tax Law? Carried interest is long-standing tax law that benefits investment managers and investors alike. Historically, carried interest contributed to the growth of the investment management, private equity, real estate and ener...
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