Our roundup of the latest and breaking news, headlines and top stories from the world's most trusted news sources.
- The low volatility of the capital markets should not be confused with high confidence by investors at the moment. The outlook for the US economy has been clouded by the unexpectedly large drop in Q1GDP and weak real consumption in ...
-
June, 29, 2014 from BBC News - BusinessThe Bank for International Settlements (BIS) warns that ultra-low interest rates have lulled governments and markets "into a false sense of security".
-
June, 29, 2014 from Reuters: Business NewsWASHINGTON (Reuters) - President Barack Obama has chosen former Procter & Gamble Chief Executive Bob McDonald, an Army veteran, as his nominee to be the next secretary of veterans affairs, a senior Obama administration official said on S...
- " I am definitely concerned. When was [the cyclically adjusted P/E ratio or CAPE] higher than it is now? I can tell you: 1929, 2000 and 2007;" warned Bob Shiller this week , adding that " it's likely to turn down again, just like it did ...
-
June, 29, 2014 from Reuters: Company NewsNEW YORK, June 29 (Reuters) - Wall Street may kick off the second half of the year with an uptick in volatility, thanks to the June jobs report and plenty of other market-moving data in a short trading week.
-
June, 29, 2014 from Reuters: Business News(Reuters) - A U.S. federal appeals court has reinstated a criminal charge of obstruction of Congress against a former BP Plc executive accused of downplaying the severity of the 2010 Gulf of Mexico oil spill.
-
June, 29, 2014 from International Business TimesFor sale: Scenic South Dakota town named after local farmer; post office closed. $400,000. Swett, S.D. , a 6.6-acre hamlet two hours southeast of Rapid City, was put up for sale by owner Lance Benson last week. "Like I say, I hate to get...
- Martin Hitch is a British-born entrepreneur operating in the US where his company Bossa Nova Robotics is developing the Ballbot, a robot designed to work in close proximity to people. Speaking at a reception in Palo Alto, staged to intro...
-
June, 29, 2014 from Reuters: Company NewsJune 29 (Reuters) - A U.S. federal appeals court has reinstated a criminal charge of obstruction of Congress against a former BP Plc executive accused of downplaying the severity of the 2010 Gulf of Mexico oil spill.
- There’s a running thread in the discussion about minimum wage and worker benefits that pits Walmart and Costco against each other. But the idea that they are identical in more than the most basic sense is utter rubbish.
- Magnetic tape and optical disks provide low cost long-term inactive storage with additional latency for data access vs. HDDs due to the time to mount the media in a drive. Thus depending upon the access requirements for an archive it may...
-
June, 29, 2014 from Business on HuffingtonPost.comWhile former Secretary of State Hillary Clinton has recently come under fire for comments about her personal wealth, President Barack Obama believes her comments won't make a difference in the long run. During an interview with ABC's Dia...
-
June, 29, 2014 from Business on HuffingtonPost.comDutch airline KLM made a big social media no-no when it tweeted an image celebrating the Netherlands' World Cup win. Minutes after the Dutch team beat Mexico, the airline posted the following: The picture contained an cartoonish picture ...
- Submitted by Charles Hugh-Smith of OfTwoMinds blog , The proximate trigger of instability is less important than we think. It's tempting to think that the resolution of various geopolitical crises would restore global stability: temp...
-
June, 29, 2014 from Personal finance and money news, analysis and comment | theguardian.comMost expensive areas in Britain are all in the south-east, study finds, with gulf widening as the capital forges ahead of rest of UK Continue reading...
-
June, 29, 2014 from Reuters: Company NewsJune 29 (Reuters) - Gardner Denver has agreed to pay $29 million to its former shareholders to settle allegations the industrial pumps producer was undervalued in its $3.7 billion sale last year to private equity firm KKR & Co, according...
-
June, 29, 2014 from Reuters: Company NewsLOS ANGELES/NEW YORK, June 29 (Reuters) - "Transformers: Age of Extinction," the fourth in the series of films about form-changing Autobot robots that save the planet, powered up with $100 million in box office sales, jump-starting a sle...
- When you most want to smash someone in the face or run out of the room, remember this irony. Cooling off someone else’s anger can be a way to actually bring that person closer. Warning: Don’t add fuel to the fire by suggesting that they ...
-
June, 29, 2014 from Reuters: Company NewsJune 29 (Reuters) - Shares of International Paper may increase about 40 percent in the next 12 months on an improving global economy and use of its cash for stock buyback and higher dividend, Barron's said in its latest edition published...
- Mobile games are typically thought of as casual affairs—pick-up-and-play time-killers that can fill the time before a bus arrives or your number is called at the DMV. Angry Birds isn't exactly known for its plot. But a few iPhone and iPa...
- Offshore Account Holders Should Clearly File FBARs, But Filing That First One Can Be Tricky.
- I sing opera and musical theatre when I'm not writing. I went to three auditions in close succession and got two of the roles I was after (playing a spunky Mother Abbess in “The Sound of Music” and a salty Ruth in “The Pirates of Penzan...
-
June, 29, 2014 from Entrepreneur.com: Latest ArticlesCost of living varies all over the country -- something business owners know all too well. Here's a look at the most expensive states to live in.
- The Internet was down for a lot of customers in the UK this morning, particularly those with British Telecom as their ISP. The company has apologised and said things are back to normal but for several hours people had either no connectio...
- "... it is hard to avoid the sense of a puzzling disconnect between the markets’ buoyancy and underlying economic developments globally.... Despite the euphoria in financial markets, investment remains weak. Instead of adding to pr...
- The Yankees are worth $2.3 billion, more than any other U.S. sports team. The average MLB team is valued at $744 million, 23% higher than last year.
- At the midpoint of the baseball season, both the New York Yankees and Boston Red Sox have major question marks to answer if either is to make the playoffs this season. What is most surprising is that both involve reviving dormant power-s...
-
June, 29, 2014 from Entrepreneur.com: Latest ArticlesRegroup, re-energize and retrieve that go-get-'em spirit in these dynamic cities.
-
June, 29, 2014 from Top News and AnalysisTexas, California and Pennsylvania received the most investment from private equity firms last year, according to a new report.
- In manipulating the emotional tone of users' News Feeds to see how it affected their moods, Facebook researchers shifted the platform from a fishbowl into a petri dish, and it's why people are flipping out about it.
- The greatest economic boom in world history awaits the Liberation of America
-
June, 29, 2014 from Business on HuffingtonPost.comThe GOP's base stands conspicuously apart from the American public on issues including global warming, the fairness of the economic system and the need for diplomacy, according to a report released last week, while Democratic stalwarts a...
-
June, 29, 2014 from Reuters: Company NewsLOS ANGELES/NEW YORK, June 29 (Reuters) - Following are the top 10 movies at North American box offices for the three days starting June 27, led by "Transformers: Age of Extinction," according to studio estimates compiled by Reuters.
- ‘New mouse species has elephant DNA,’ declared the headlines. It must have been hard to resist, considering the contrast in size between these animals. The wording conjures up images of runt elephants evolving into dwarf and then pocket ...
- Erstwhile leader of ISIS, Sheikh Abu Bakr Al-Baghdadi has declared himself Caliphate, Amir Al-Mu'minin - Leader of Believers , as militants bear down on Baghdad. This comes as the extremist group demands that all Al-Qaeda and Jihadi bran...
- From Slope of Hope: Well, this is just kind of sad. I was looking at a post from a few years back, when our own BDI visited the Occupy Wall Street gathering. There was a link to one of the better-known protestors who did an AMA ("A...
-
June, 29, 2014 from Entrepreneur.com: Latest ArticlesThe stamina needed to run a cattle in the merciless Canadian winters was a sound start for a life of business.
-
June, 29, 2014 from Reuters: Company NewsJune 29 (Reuters) - U.S. data storage specialist NetApp could return to $50 a share in the coming year on solid cash flows and signs its revenues might grow again, Barron's said in its latest edition published on Sunday.
- Forecasts for U.S. auto sales in June are down slightly, but analysts are still optimistic for the year as a whole because the reasons for the June fall-off don’t affect the overall momentum towards improving auto sales. Notably, there’s...
-
June, 29, 2014 from Reuters: Company NewsJune 29 (Reuters) - A former top executive of SAC Capital Advisors is planning to launch a stock trading hedge fund firm with much of the start-up capital to come from Leucadia National Corp., according to the Wall Street Journal.
-
June, 29, 2014 from NYT > Business DayDave Morin’s start-up firm, Path, which first offered a photo-sharing app, now hopes ephemeral messaging will help it rise again.
-
June, 29, 2014 from NYT > Business DayInstead of combing through profiles on dating sites, some people prefer making their connections on Facebook or Instagram.
-
June, 29, 2014 from Calculated Risk
-
June, 29, 2014 from Deutsche Welle: DW-WORLD.DE - BusinessThe ECB’s base interest rate of 0.15 percent could stay in place until 2016, an ECB board member has told German public radio. The measure is meant to hinder prices and wages from falling while the eurozone recovers.
-
June, 29, 2014 from NPR Topics: BusinessMore than six years after the housing crash, the housing market may be better-than-dismal, but the slog back to normal is still disappointingly long and slow.
-
June, 29, 2014 from Personal finance and money news, analysis and comment | theguardian.comRogue trading, identity theft, massive debt and broken banks what do you expect when money is just numbers on a screen? Continue reading...
- A Chinese entrepreneur wants to sell all-electric cars.
-
June, 29, 2014 from Business on HuffingtonPost.comAs mass shootings continue to appear in the news, many Americans and state leaders are asking how to address the problem without restricting constitutional rights. The Centers for Disease Control and Prevention (CDC) tracks the number of...
-
June, 29, 2014 from Business on HuffingtonPost.comFormer president Bill Clinton spoke out in favor of letting states decide whether or not to legalize marijuana, pointing to "a lot of evidence" showing that medical marijuana can help patients with a wide range of symptoms. In an intervi...
-
June, 29, 2014 from BBC News - BusinessBulgarian authorities arrest three more people on suspicion of plotting to destabilise the country's banking system.
