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Location American Business News for 26 November 2015
Labour's shadow chancellor is going to spend all day telling telling people he doesn't support mass starvation Labour Shadow Chancellor John McDonnell astonished the House of Commons yesterday when he held up and read from Chairman Mao's Little Red Book while responding to Chancellor George Osborne's Autumn Statement. McDonnell w...
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How 'The Devil's Financial Dictionary' defines 13 Wall Street words Wall Street analysts and economists speak their own language.  Words like "research" and "analysis" mean one thing to regular folks, but something totally different to the folks with a financial interest in how they a...
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Winds and high tides damage Alaska beach art installation

Business Insider - 26 Nov 2015 01:12
Winds and high tides damage Alaska beach art installation ANCHORAGE, Alaska (AP) -- Winds and high tides have seriously damaged most of an Anchorage public art installation that is focusing on mental health. The Alaska Dispatch News (://is.gd/xHH93f) reports that fewer than a d...
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Sumner Redstone hungers for red beef and sex: ex-girlfriend Ailing 92-year-old media mogul Sumner Redstone may be losing his edge -- but not his appetite for sex and steak, according to explosive court papers filed by a spurned gal pal. Former live-in girlfriend Manuela Herzer, 5...
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Japan Shares Approach 20000

Wall Street Journal - 26 Nov 2015 05:02
Japan's Nikkei Stock Average is heading toward its highest level since late August, driven by weakness in the Japanese yen.
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'The court expects the Germans to deal with this case in Australia ... expeditiously,' federal court judge says A federal court judge has told Volkswagen in Germany to cooperate with courts in Australia so a class action...
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Cybersecurity experts warn about ModPOS malware aimed at retailers Just as millions of Americans are steeling themselves for the holiday shopping season, cybersecurity researchers are warning about a stealthy malware aimed at stealing credit card and debit card numbers from retailers. C...
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California orders Volkswagen diesel car recall

USA Today - 26 Nov 2015 03:22
California orders Volkswagen diesel car recall VW had 45 days to come up with a recall plan          
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Pfizer's Plan to Leave U.S. Unsettles Drug Lobbyists

The New York Times - 26 Nov 2015 03:01
Pfizer's Plan to Leave U.S. Unsettles Drug Lobbyists Escalating drug prices and now a major company's pending move overseas leads to concern about "too much obvious greed" in the pharmaceutical industry.
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Barclays Fined for Failing to Minimize Financial Crime Risk

Wall Street Journal - 26 Nov 2015 11:48
The Financial Conduct Authority fined U.K. bank Barclays $108.89 million for failing to minimize the risk against financial crime, its largest ever fine for such failings, but stopped short of saying if a crime had been ...
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Bank of Qingdao Raises $607 Million

Wall Street Journal - 26 Nov 2015 05:35
Bank of Qingdao, the largest city commercial lender in eastern China's Shandong province, priced its Hong Kong IPO at the bottom end of the expected price range.
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More Great Gifts For Skiers & Snowboarders

Forbes - 26 Nov 2015 22:46
More Great Gifts For Skiers & Snowboarders Here's a list of great presents for the women on your holiday list who are eager to hit the slopes.
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Oil-Price Fight: Saudis vs. Strippers

Wall Street Journal - 26 Nov 2015 22:23
Oil strippers, an important but little-studied part of U.S. energy output, are more vulnerable than the frackers to being permanently sidelined by today's low prices.
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Administrative infrastructure base for India's growth story: Manoj Pradhan The global economist at Morgan Stanley on foreign investors expectations from India and why quality of economic growth matters to him
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OnePlus offers refunds for USB Type-C cables following Google engineer's criticism Android smartphone maker OnePlus said today that between now and December 31 it will give refunds to people who bought the company’s USB Type-C cable through its website. The offer comes after a Google engineer pointed...
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Russian reprisals post Turkey’s downing of a Russian Su-24 military jet will “not lead to further Turkish escalation” and in due course the Turkish-Russian relationship will return to “a degree of geopolitical eq...
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Design Innovation by Design Research

The Huffington Post - 26 Nov 2015 21:21
Design Innovation by Design Research What is the difference between "Juicy Salif" and an "iPhone"? Both novel for their time, the first is a beautiful sculpture, however useless orange squeezer the second a marvel in user-centered functionality. Conducting ...
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Shares in BHP Billiton fall as investment banks question progressive dividend Market Report: Mining stocks rose, with the exception of BHP Billiton, as copper prices bounced back from mult-year lows.
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The IRS recently issued interim guidance relating to three aspects of ABLE programs: (1) the requirement to establish safeguards to categorize distributions from ABLE accounts; (2) the requirement to request taxpayer ide...
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David Tepper Buying Airlines Benefiting From Low Fuel Prices David Tepper (Trades, Portfolio) is known for making correct calls on the market and for producing stellar returns through his hedge fund, Appaloosa Management. Recently, he told CNBC he was “not as bullish” as he co...
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Entrepreneurs: Take A Moment To Give Thanks Today Entrepreneurship is an amazing journey, full of the highest of highs and the lowest of lows. It's such a rapid-fire experience that sometimes it's easy to lose sight of the big picture. There is so much value to be found...
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Bank of America will stop supplying U.S. dollars to Angola at the end of this month, two foreign exchange sources said on Thursday, a move that could pile pressure on the oil exporter's ailing kwanza. South Africa's Rand...
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