Business News
The Wall Street Journal: Bank of Japan's Kuroda says 'ample room' to stimulate inflation
Market Watch - 3 Feb 2016 05:45
Bank of Japan Governor Haruhiko Kuroda said Wednesday that the central bank has "ample room" to ramp up its easing measures, rejecting views that it is short of ammunition to stimulate lackluster inflation.
Zappos's Tony Hsieh Says This Is the Biggest Misconception About Holacracy
inc - 3 Feb 2016 21:25
The CEO is doubling down on his self-management experiment.
15 products you may think are healthier than they actually are
Business Insider - 3 Feb 2016 20:20
Flickr/Vlad B. Most Americans say they want to eat healthier. It's a beautiful (and fairly new) thing. The problem is that most of us don't know how. But the next time you take a stroll down your grocery's "health foods"...
Asian Stocks Weighed Down by Another Oil Price Dive
ABC News - 3 Feb 2016 07:14
Asian shares stumbled Wednesday as another steep drop in the price of oil reinforced worries about the potential impact on the world economy of job cuts and reduced investment in the energy industry
Cameron Begins Drive To Sell EU Reform Plan
Sky News - 3 Feb 2016 05:59
The PM is due to speak in Parliament as he tries to convince sceptics that his proposals for changes to the bloc are acceptable.
U.S. Energy Exports: First Comes Crude, Then Comes LNG
Forbes - 3 Feb 2016 15:57
Last December, the United States moved closer toward unleashing the full potential of its energy renaissance when Congress passed – and President Obama signed – an omnibus spending bill containing language eliminatin...
UK Growth Picks Up Pace At Start Of Year
Sky News - 3 Feb 2016 15:52
Figures from the UK services sector suggest the UK economy had a slightly brighter start to 2016 after a sluggish prior year.
Time Warner board takes step to stymie activist shareholders
New York Post - 3 Feb 2016 06:53
Time Warner has made it harder for an activist shareholder to storm the gates. The media giant's board has enacted a rule that bars any shareholder or group of shareholders from nominating a person to its board unless th...
Home Depot to hire more than 80,000 workers for busy spring
Miami Herald - 3 Feb 2016 17:02
Home Depot is on a hiring spree. …
S&P Cuts Ratings of 10 U.S. Oil Companies
Wall Street Journal - 3 Feb 2016 01:09
Standard & Poor's Ratings Services cut the ratings of 10 U.S. oil and gas exploration and production companies, citing the sharp drop in crude oil prices.
California Taxes Will Eat Up All Of Cam Newton's Super Bowl Earnings
Forbes - 3 Feb 2016 16:05
"Jock tax" rules will result in Cam Newton's California tax bill being twice as high as his Super Bowl earnings if the Panthers lose on Sunday.
HSBC announces 'promotion freeze' through 2017
New York Post - 3 Feb 2016 05:45
Becoming a Master of the Universe just a got a whole lot harder for the rank and file at HSBC. The troubled UK bank giant has instituted an unofficial "promotion freeze" through 2017 as it tries to rein in costs, The Pos...
Tech Pain: Startups Are Buying Back a Lot More Employee Stock
Wall Street Journal - 3 Feb 2016 04:40
Public companies weren't the only ones buying back stock last year.
After burning through $3 billion, Marissa Mayer may finally put the brakes on buying startups (YHOO)
Business Insider - 3 Feb 2016 04:01
Reuters Marissa Mayer has spent nearly $3 billion on buying startups during her first 3 years at Yahoo. But she may finally put the brakes on her spending spree, the Yahoo CEO indicated during Tuesday's earnings call....
What A Restaurateur In Reno Learned From Betting Big (And Losing)
Forbes - 3 Feb 2016 23:59
In 2014, Mark Estee, 45, an entrepreneur in Reno, NV, who runs five restaurants, opened an ambitious venture he called Reno Provisions in an old J.C. Penney building. The $1.2 million project included a 10,000-square-foo...
Yum earnings beat expectations, revenue misses
CNBC - 3 Feb 2016 23:52
Yum said China system sales increased 7 percent -- with 7 percent unit growth and a 2 percent rise in same-store sales.
Sumner Redstone Resigns as CBS Board Chairman
Time - 3 Feb 2016 23:51
He is still executive chairman of Viacom
Apple Is Once Again the Most Valuable Company in The World
Time - 3 Feb 2016 23:43
The iPhone maker is back on top
Rockstar has shipped 60M copies of Grand Theft Auto V
Venture Beat - 3 Feb 2016 23:35
Grand Theft Auto is still one of the biggest gaming franchises in the world. Publisher Take-Two Interactive revealed today that developer Rockstar Games has shipped more than 60 million copies of Grand Theft Auto V acros...
MetLife Profit Slides as Hedge-Fund Investments Falter
Wall Street Journal - 3 Feb 2016 23:33
MetLife's fourth-quarter earnings fell sharply, as it wrestled with tough economic conditions in many parts of the world, while low interest rates continued to work against insurers.
FTIL-DGCX deal valuation sparks investor concern
livemint.com - 3 Feb 2016 23:20Take-Two beats Wall Street's expectations for holiday quarter earnings
Venture Beat - 3 Feb 2016 23:15
Grand Theft Auto publisher Take-Two Interactive Software (TTWO) reported earnings that beat financial expectations for the third fiscal quarter ended December 31. The company managed to make adjusted net income in the qu...