Business News
Father-Son in Power Tools
Forbes - 7 Jan 2016 23:45
Owners of Chinese factories often struggle to build brands. Horst Julius Pudwill bought them, instead. And for three decades he's kept his power tool company on the cutting edge.
This map shows the brewing proxy war between Iran and Saudi Arabia
Business Insider - 7 Jan 2016 23:48
Throughout the wider Middle East, numerous countries are being wracked by unrest and civil conflict. And, in a majority of the conflicts, the ongoing crises can be seen as an expansion of a proxy war between two of the r...
Why China Shifted Its Strategy for the Yuan, and How It Backfired
Wall Street Journal - 7 Jan 2016 19:14
China's moves to guide the yuan lower have set off a free fall in the currency and global market reverberations as investors pile on the bets against the yuan--ultimately a no-win situation for Beijing.
Yahoo looking to slash 10 percent or more of its workforce: Business Insider
Reuters - 7 Jan 2016 06:44
(Reuters) - Yahoo Inc is working on a plan to cut its workforce by at least 10 percent and it could start the process as early as this month, Business Insider reported, citing sources.
Donald Trump invokes Bill Cosby and Monica Lewinsky in explosive Hillary Clinton attack
Business Insider - 7 Jan 2016 23:21
AP Photo/Kathy Willens Republican presidential front-runner Donald Trump's campaign released a new attack video Thursday over Instagram that was aimed at Democratic presidential front-runner Hillary Clinton. The video di...
I spent years working from home -- and it cost me more than I expected
Business Insider - 7 Jan 2016 17:05
Eugenio Marongiu/Shutterstock For several years, I had a full-time job that allowed me to work from home. But then I switched to a job that required me to be in an office. So I've experienced life on both sides, and can ...
China is just delaying the inevitable with its latest desperate attempt to rescue the stock market
Business Insider - 7 Jan 2016 06:53
Getty Images/File In the wake of another 7% plunge in Chinese stocks, ending trade early for the second session in four, China’s stock market regulator, the CSRC, has announced further restrictive measures in an attem...
China share trading halted after market plunges 7% in opening minutes
The Guardian - 7 Jan 2016 05:58
'Circuit breaker' mechanism deployed to protect economy for second time in a week as China sparks jitters by speeding up devaluation of yuan China halted the day's trading within 30 minutes of opening on Thursday morning...
New York's nightmarish Penn Station is getting a much-needed makeover
Business Insider - 7 Jan 2016 23:44
Andrew Cuomo Administration/Flickr New York City's Penn Station is a transit nightmare. It's dismally gray, confusing to navigate, and frequently smells like a mix of Auntie Anne's pretzels and body odor. Traveling throu...
A lawsuit claims government guidelines on cholesterol were tainted by the egg industry
Business Insider - 7 Jan 2016 23:39
Flickr/Antti T. Nissinen The US government put out its new dietary guidelines on Thursday, which include a recommendation that Americans limit the amount of cholesterol they consume. The US Department of Agriculture and ...
Stocks Continue Rough 2016 as Crude Price Lowest in Over a Decade
Forbes - 7 Jan 2016 16:44
Different day, same drivers. Another stock rout in China and further depreciation for the price of oil are expected to drill U.S. stock averages at least initially on Thursday.
Stocks Slammed As China Worries Intensify
Forbes - 7 Jan 2016 16:39
It was a sea of red for stock markets around the globe on Thursday.
Ouch: Dow Tumbles After Turmoil in Chinese Market
NBC News - 7 Jan 2016 16:35
Across the globe, stock markets were in a tailspin triggered by China, which had to halt trading for a second time this week on Thursday.
Marks & Spencer chief leaves mixed legacy after six years at the helm
The Guardian - 7 Jan 2016 16:19
When Marc Bolland steps down in April he will leave the retailer's balance sheet stronger than he found it - but fashion woes remain Marc Bolland's dash for the exit at Marks & Spencer is well-timed. He could, almost cer...
How to Ask for a Raise: 7 Ways to Negotiate More Pay
NBC News - 7 Jan 2016 16:19
If you've never summoned the will to ask for a raise, you're definitely not alone.
Serious Fraud Office asks for 'blockbuster funding' to pay for major investigations
Telegraph - 7 Jan 2016 16:00
The fraud body's spending needs have almost doubled from its original budget allocation this year
Why Going Above And Beyond In Business Makes All The Difference
Forbes - 7 Jan 2016 16:00
Keeping customers content is just business as usual. Making them talk about you takes work.
Oil descends further amid turmoil in China, sinks below $33 a barrel
USA Today - 7 Jan 2016 15:47
Oil continues to plumb price levels not seen since 2004.
US Applications for Jobless Aid Dropped Last Week
ABC News - 7 Jan 2016 15:39
Fewer people sought US unemployment benefits last week, suggesting that the job market remains insulated from the turmoil abroad in Europe and China
The Year that Was: Coca-Cola
Forbes - 7 Jan 2016 15:36
The U.S. alone forms ~45% of the net sales for the company, and with the CSD segment, which forms over 40% of the country?s non-alcoholic beverage market, estimated to have declined for eleven consecutive years now, orga...
Yahoo reportedly will lay off more than 1,000 employees
Venture Beat - 7 Jan 2016 06:31
It’s been a doom-and-gloom week for Yahoo. First it shuttered its premium video hub, Yahoo Screen, and then we learned that it’s facing a class action lawsuit for sending unsolicited text messages to users. But as of...
A Main Street Guide To Navigating The 2016 Wall Street Meltdown
Forbes - 7 Jan 2016 23:43
Main Street didn't cause this global market rout and its pain may be contained to Wall Street. But here are six important data points for ordinary Americans to pay attention to.