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Keyword: business

Brevity: Headers | « Text »
  • Dollar tumbles as Fed rescues China in the nick of time

    02/05/2016 6:06:31 PM PST · by Lorianne · 16 replies
    Telegraph (UK) ^ | 04 February 2016 | Ambrose Evans-Pritchard
    The US dollar has suffered one of the sharpest drops in 20 years as the Federal Reserve signals a retreat from monetary tightening, igniting a powerful rally for commodities and easing a ferocious squeeze on dollar debtors in China and emerging markets. The closely-watched dollar index (DXY) has fallen 3pc this week to 96.44 and given up all its gains since late October. This has instant effects on the world’s inter-connected financial system, today more geared to the US exchange rate and Fed policy than at any time in modern history. David Bloom, from HSBC, said the blistering dollar rally...
  • How Microsoft CEO Satya Nadella did what Steve Ballmer and Bill Gates couldn't

    01/31/2016 7:41:13 AM PST · by Scutter · 64 replies
    Yahoo ^ | 1/30/2016 | Matt Weinberger
    On Thursday, February 4, Satya Nadella will celebrate his second anniversary as the CEO of Microsoft. It's been an eventful couple of years. Microsoft has grown its crucial cloud business, released Windows 10 to a much better reception than its loathed predecessor, launched a bunch of great apps for iPhone and Android, and generally made people like it a lot more. But the real victory of Satya Nadella — the truly monumental shift — has been within the company. Under Nadella, Microsoft is pointed in one direction for first time in modern memory.
  • I'm in need of mentoring

    01/29/2016 10:35:21 AM PST · by CorporateStepsister · 24 replies
    January 29, 2016 | Corporate Stepsister
    I'm in need of mentoring and support from my fellow Freepers on succeeding in my small business. Please post here if interested.
  • Teen With Down Syndrome Becomes One of the Youngest Business Owners Ever

    01/26/2016 10:45:08 PM PST · by kathsua · 6 replies
    Life News ^ | Jan 26, 2016 | Micaiah Bilger
    Blake Pyron and his family refuse to be held back by a world of “can’t”s. When Blake was born, doctors diagnosed him with Down syndrome and told his family that he may never walk or talk, his mother, Mary Ann Pyron, told ABC 13 News. “They didn’t give us much hope for Blake’s plans, but we had faith,” Mary Ann said. Twenty years later, Blake and his family are challenging all the predictions about what the young man could and couldn’t do in life. This winter, Blake hopes to become the youngest business owner in his hometown of Sanger, Texas,...
  • Ivanka Trump: I Learned from the Best

    01/18/2016 8:56:37 AM PST · by poconopundit · 20 replies
    YouTube ^ | 1/18/2016 | Ivanka Trump
    Wow.   We've never seen this before: articulate and successful sons and daughters of a Presidential candidate making meaningful — not token — contributions to a campaign. There's been a lot of back and forth about family values in this campaign, but how well his successful children turned out tells you all you need to know about the kind of a Dad Trump is.   It's also exciting to see young people — millenials! — active in a political process dominated by senior citizens and seasoned politicians.
  • US oil plunges 5.7% on China, closes at $29.42 a barrel

    01/15/2016 11:33:08 AM PST · by mykroar · 18 replies
    CNBC.com ^ | 1/15/2016 | Reuters
    World oil prices slumped more than 6 percent to below $29 a barrel on Friday, as a further fall in the Chinese stock market and the prospect of an imminent rise in Iran's crude exports deepened fears of a longer supply glut. After closing higher for the first time in eight sessions on Thursday, U.S. and Brent crude futures slumped to new 12-year lows, taking this year's losses to more than 20 percent, the worst two-week decline since the 2008 financial crisis. The slump was not over yet, some analysts warned, as the lifting of sanctions on Iran opens the...
  • Political Reasons, Not Economic Ones, Keep Corporate Welfare Agency Alive

    01/14/2016 1:43:16 PM PST · by MichCapCon · 1 replies
    Michigan Capitol Confidential ^ | 1/13/2016 | Jack Spencer
    Here’s a question: Why should lawmakers bother trying to inject transparency into the operations of the Michigan Economic Development Corporation? Wouldn’t it make more sense to apply their efforts to just dumping the MEDC altogether? Given the obstacles, the answer may be “probably not.” As Michigan’s corporate welfare arm, the agency spends the public’s money to entice businesses to start operations in the state, or pay firms already located here not to move elsewhere. The primary goal is to create jobs. Yet according to state audits and independent studies, the MEDC's success rate for creating the number of jobs it...
  • When stripper wells are stripped away, oil may rise

    01/12/2016 12:57:29 PM PST · by thackney · 49 replies
    Midland Reporter-Telegram ^ | January 8, 2016 | Collin Eaton
    Crude oil has become so cheap it could speed the oil market to a recovery. U.S. crude plunged on Thursday to a 12-year low, an ominous milestone for Houston's oil hub, which already has shed thousands of jobs in the 19-month oil downturn. With crude now fetching less than $34 a barrel, about half the nation's scattered collection of 400,000 aging, nearly depleted wells may have to be shut in as their product becomes less valuable than their operating costs. Called stripper wells, these produce a negligible amount of oil individually but together account for about a tenth of U.S....
  • Kohl's Corp. directors considering taking company private, report says

    01/11/2016 10:19:33 AM PST · by afraidfortherepublic · 12 replies
    Millwaukee Journal Sentinel ^ | 1-11-16 | Rick Romell and Paul Gores
    Directors of Kohl's Corp., which has been struggling to regain at least some of the growth that once made the company a retailing star, are weighing the possibility of going private, The Wall Street Journal reported Monday. Citing a person familiar with the situation, the paper said directors are debating whether to hire an investment bank to explore alternatives that could include sale to a private equity firm. The discussions are preliminary and may not lead to such action, the paper reported. But New York-based retail consultant Howard Davidowitz said the considerable cash flow Kohl's generates makes it attractive to...
  • Apple sales set to slump in 2016 with no new products, analysts warn

    12/27/2015 8:49:52 AM PST · by Scutter · 100 replies
    News Corp Australia Network ^ | 12/27/2015 | Rod Chester
    AFTER a year of big Apple releases, analysts are predicting a flat 2016 where the world's biggest tech company refines product lines rather than produces the next big thing. Apple's share price has taken a battering in the past six months, with more than $220 billion slashed from the company's value as analysts look towards an era of smartphone saturation. Morgan Stanley analyst Katy Huberty recently predicted that 2016 would be first time that iPhone sales would shrink, dropping by up to three per cent.
  • Rental car toll fees stir backlash that threatens Florida’s image

    12/16/2015 11:08:36 AM PST · by Tolerance Sucks Rocks · 55 replies
    The Miami Herald ^ | October 29, 2015 | Steve Bousquet
    TALLAHASSEE Visitors to Florida who rent cars are being shocked by toll charges long after they get home, and enough are complaining that legislators say it could damage the state’s tourist-friendly image. In Florida, a tourist climbs behind the wheel of a rental car and enters a world of 600 miles of toll roads, more than any other state. As cash toll booths are steadily giving way to cashless, all-electronic tolling, car renters are being hit with service fees of $4 to $15 a day on top of unpaid toll charges. The rental car industry calls it a convenience as...
  • Family Sues After Woman Gets Trapped In Queens Burger King Restroom, Dies

    12/12/2015 4:02:05 AM PST · by SkyPilot · 70 replies
    CBS Local ^ | 10 Dec 15 | CBS staff
    A Queens woman died after allegedly getting trapped in a local Burger King restroom, and now, her family has sued the fast food chain. As CBS2’s Ilana Gold reported, Shirley McCarthy’s family has also detailed what happened during her final moments at the Burger King on 82nd Street in Jackson Heights. The incident happened on Sept. 27. McCarthy’s boyfriend, Ricardo Knox, still struggles to cope. “I wake up every morning and it feels like I’m in a dream,” Knox said. “Shirley didn’t deserve to die in that bathroom. She wanted to live like everybody else. God bless her soul.” Knox...
  • US startups are on the decline, and it's terrible news for the economy

    12/09/2015 8:24:32 AM PST · by SeekAndFind · 12 replies
    Business Insider ^ | 12/09/2015 | Bob Bryan
    Despite the hype surrounding tech "unicorns" — the myriad of startups that are valued at over $1 billion — the number of entrepreneurial endeavors in the US has actually been declining for some time now. According to researchers, not only are there now fewer startups being created in the US, but the slowing rate of entrepreneurship is hurting the economy. "Historically, the U.S. has exhibited a high pace of entrepreneurship with a small share of fast growing young firms disproportionately accounting for job creation and productivity growth," said the new study. "The decline in startups and the accompanying decline in...
  • Donald Trump's core business philosophy from his bestselling 1987 book 'The Art of the Deal'

    12/08/2015 10:03:32 AM PST · by lulu16 · 13 replies
    Business Insider ^ | July 16, 2015 | Richard Feloni
    Real estate mogul Donald Trump announced on Tuesday that he is running for president of the United States. He proclaimed that he is the master negotiator that President Barack Obama and other candidates are not. "Our country needs a truly great leader, and we need a truly great leader now," Trump said. "We need a leader that wrote 'The Art of the Deal.'" Trump's book, first published in 1987, has sold over 1 million copies. In it, he breaks down his approach to deal-making before explaining how he developed his theories throughout his career. "My style of deal-making is quite...
  • Oil guru Dr. Daniel Fine was right on gas prices

    12/02/2015 11:01:32 AM PST · by brownwill6767 · 17 replies
    Roswell Daily Record ^ | 11/28/15 | Jeff Tucker
    nergy expert Dr. Daniel Fine, left, in March predicted the current low gasoline prices. Pictured with Fine during a meeting in Roswell in March are local oil men Rory McMinn of Reed & Stevens, center, and Bob Armstrong of Armstrong Energy Corp. (Jeff Tucker Photo) An energy expert’s prediction in March that gasoline prices in New Mexico would dip to $1.65 a gallon has been proven true.' Dr. Daniel Fine, associate director of the New Mexico Center for Energy Policy at New Mexico Institute of Mining and Technology, said at a landmen’s association’s meeting in Roswell in March that gasoline...
  • Trump's Dynamic Tax Policy

    11/29/2015 12:29:45 PM PST · by NaturalBornConservative · 10 replies
    Natural Born Conservative ^ | November 27, 2015 | Larry Walker II
    Lower Rates Across The Board:: By: Larry Walker, II ::Here's an excerpt from Donald Trump's Tax Plan which may be found on his official website www.donaldjtrump.com : TAX REFORM THAT WILL MAKE AMERICA GREAT AGAINThe Goals of Donald J. Trump's Tax PlanToo few Americans are working, too many jobs have been shipped overseas, and too many middle class families cannot make ends meet. This tax plan directly meets these challenges with four simple goals: Tax relief for middle class Americans: In order to achieve the American dream, let people keep more money in their pockets and increase after-tax wages. Simplify...
  • Sideling Hill center reopens amid relief, fingerpointing

    11/25/2015 8:03:13 PM PST · by Tolerance Sucks Rocks · 13 replies
    The Hagerstown Herald-Mail ^ | October 9, 2015 | Don Aines
    HANCOCK — The Sideling Hill Welcome Center is now more than just the most scenic set of fair-weather restrooms in Western Maryland after Lt. Gov. Boyd K. Rutherford and a host of elected officials on Friday reopened the facility, which has been closed for the last six years. Perched on the east side of Sideling Hill near Hancock, where a massive cut in the mountain rock allows Interstate 68 to pass through, the center was closed in 2009, in a move by former Gov. Martin O'Malley that did not sit well with many area residents. "It was done for political...
  • China, Africa trade volume exceeds $220bn in 2014-Official

    11/21/2015 4:28:42 PM PST · by Lorianne · 4 replies
    Star Africa ^ | 21 November 2015
    The Chinese Ambassador to Nigeria, Gu Xiaojie, said in Abuja that the trade volume between China and Africa as at 2014 exceeded $220 billion.This is contained in a statement on the forthcoming “6th Ministerial Conference of the Forum of China-Africa Cooperation” (FOCAC) signed by Xiaojie. Xiaojie said that China had been Africa’s largest trading partner for six years in a row since 2009, adding that China now had diplomatic ties with 50 African countries. He said China and Africa enjoy an increased cordial relationship with “growing political mutual trust, roaring fruitful economic cooperation, enhancing consultation and coordination in international affairs.
  • Lockheed’s airship gets the green light: FAA approves hybrid vehicle...

    11/20/2015 1:57:39 PM PST · by SatinDoll · 56 replies
    The Daily Mail ^ | Nov. 19, 2015 | Ellie Zolfagharifard and Hugo Gye
    Lockheed Martin has been given the green light to build its radical hybrid airship that will launch in 2018. The US Federal Aviation Administration has this week approved a certification plan developed by the company, taking it one step closer to starting commercial deliveries. Lockheed says the airships can transport heavy cargo to remote locations, burn significantly less fuel than conventional aircraft and land on any flat surface, including sand, snow and water.
  • NM Energy Outlook Summit: Forecasts hazy for industry in flux

    11/13/2015 6:28:20 PM PST · by brownwill6767
    Albuquerque Business First ^ | 11/13/15 | Sal Christ
    Panelists at Business First's second annual New Mexico Energy Outlook Summit yesterday offered but one common ground: Something needs to be done to turn the industry around. SPONSORED BY PEOPLE ON THE MOVE Tanja Jenkins Tanja Jenkins Boys & Girls Clubs of Central New Mexico Andrew G. Schultz Andrew G. Schultz City of Albuquerque Board of Ethics and Campaign Practices SPONSORTony Royle, CPA Tony Royle, CPA Moss Adams See More People on the Move Emceed by ABF publisher Candace Beeke, the event brought together Dr. Daniel Fine, associate director of the New Mexico Center for Energy Policy at New Mexico...
  • Fight-For-$15 Wage Group Demands $18.55 In Hourly Pay

    11/13/2015 5:00:26 AM PST · by expat_panama · 24 replies
    Investors Business Daily ^ | 11/12/2015 | JED GRAHAM
    The "Fight For $15" minimum-wage campaign demand might seem clear as day, but there's more than meets the eye — over $3 an hour more. Once all the nonwage costs, including payroll taxes, paid sick leave and the big one — ObamaCare's employer mandate — are added to the $15 base wage, minimum compensation for a full-time worker could rise as high as $18.55 an hour by 2020, an IBD analysis finds. It would be a jump of $10.75, or 138%, above the current $7.25 federal minimum and associated social insurance taxes. Wages and social insurance taxes would add $8.34...
  • How bad a boss is Linus Torvalds?

    11/12/2015 6:43:40 AM PST · by ShadowAce · 36 replies
    ComputerWorld ^ | 11 November 2015 | Steven J. Vaughan-Nichols
    I've known Linus Torvalds, Linux's inventor, for over 20 years. We're not chums, but we like each other.Lately, Torvalds has been getting a lot of flack for his management style. Linus doesn't suffer fools gladly. He has one way of judging people in his business of developing the Linux kernel: How good is your code?Nothing else matters. As Torvalds said earlier this year at the Linux.conf.au Conference, "I'm not a nice person, and I don't care about you. I care about the technology and the kernel-that's what's important to me." Now, I can deal with that kind of person. If...
  • Republicans All Agree We Need Tax Reform, But Senator Ted Cruz's Plan Holds The Most Promise

    11/10/2015 1:05:03 PM PST · by JSDude1 · 55 replies
    The Daily Caller ^ | 11/10/2015 | Gayle Trotter
    If nothing is certain in life but death and taxes, perhaps it's time to euthanize our tax system. The current tax system is massively complex and unfair. It discourages entrepreneurship and stunts economic growth. And yet the leading Democratic presidential candidates offer a consistent theme of more taxes. ..skip... Many of the Republican candidates propose tax reforms that promise to change our system from the bottom up to make it simpler, fairer, and growth-oriented. Of the proposals Senator Ted Cruz's holds the most promise. Cruz's plan would eliminate six categories of taxes: payroll taxes, Obamacare taxes, alternative minimum taxes, overseas...
  • Postal Service's 'Priority' Should Be Delivering Mail

    11/07/2015 5:27:33 AM PST · by Kaslin · 37 replies
    Townhall.com ^ | November 7. 2015 | Brian McNicoll
    Is the Postal Service taking its captive customers those who have no choice but to do business with it for granted? That's one of the suggestions of a recent report from the Tax Foundation. It is clear the Postal Service thinks one way about its commercial products and another about the delivery of regular mail on which it has a monopoly. For instance, the Postal Service's approach to its package delivery business has been to add seven-day-a-week delivery in 650 cities. According to a press release, "Sunday delivery serves the needs of valued customers in today's busy online world while...
  • IBD Ted Cruz Tax Reform: Economically, Politically Revolutionary - Intellectually Dominating

    11/05/2015 12:53:36 PM PST · by conservativejoy · 22 replies
    Bad Blue ^ | 11/5/2015 | Lewis K. Urler and Peter Farrar
    The tax-reform proposal unveiled by Ted Cruz last week is as transformative, intellectually dominating and economically and politically revolutionary for 2016 as Kemp Roth was in 1980. Indeed, even more so. Cruzs plan would scrap the current income tax code and replace it with a simple, single, flat rate of 10%, to be paid by everybody on everything , wages, profits, capital gains, dividends, rent, interest and all forms of individual income. No one would be able to claim that billionaires pay lower tax rates than their secretaries or that the system is rigged to favor the rich over the...
  • Standard Chartered shares sink on shock quarterly loss (job cuts)

    11/04/2015 6:40:55 PM PST · by Lorianne · 4 replies
    BBC News ^ | 03 November 2015
    Shares in Standard Chartered fell sharply after the Asia-focused UK bank said it would raise $5.1bn (£3.3bn) and cut 15,000 jobs by 2018. There was further bad news as Standard Chartered said it was the subject of two investigations by the Financial Conduct Authority relating to monitoring of sanctions and anti-money laundering compliance. The job cuts are part of a restructuring programme to take place over the next three years, but gave no details. The bank employs 86,000 people worldwide, but only about 1,800 in the UK. Standard Chartered remains under investigation by US authorities related to transactions involving Iranian...
  • Is your local Target closing?

    11/04/2015 12:54:04 PM PST · by matt04 · 45 replies
    MINNEAPOLIS -- Target (TGT) plans to close 13 stores nationwide, including one in New Ulm and two others in Milwaukee and Superior, Wisconsin. The Minneapolis-based retailer says a decision to close a store usually follows several years of decreasing profitability. The retail giant plans to close the stores on Jan. 30, 2016. Target was hurt by a massive credit-card breach before Christmas 2013 that sent shoppers temporarily fleeing. The company also botched a major expansion into Canada and pulled the plug on that earlier this year. Layoffs in 2015 included 2,500 jobs, or about one-fifth of the workers in the...
  • Feminization of America Is Bad for the World

    11/03/2015 8:17:49 AM PST · by Kaslin · 46 replies
    Townhall.com ^ | November 3, 2015 | Dennis Prager
    Last week the New York Times published an article, "Sweeping Away Gender-Specific Toys and Labels," that contained three sentences that explain one of the most important phenomena in American life. In discussing the increasing move to do away with gender-specific toys something the New York Times approves of the article quoted Tania Missad, the "director of global consumer insights" at one of the world's largest toy manufacturers, Mattel: "Mattel's research showed some differences in what girls and boys wanted in their action figures, Ms. Missad said. 'For boys it's very much about telling a story of the good guy killing...
  • Volatile times loom for NMs oil patch

    10/26/2015 3:30:15 PM PDT · by brownwill6767 · 2 replies
    Albuquerque Journal ^ | 10/26/15 | Kevin Robinson-Avila
    nery in Artesia. (Roberto E. Rosales/Albuquerque Journal) By Kevin Robinson-Avila / Journal Staff Writer Published: Monday, October 26th, 2015 at 12:02am Updated: Monday, October 26th, 2015 at 10:52am Editors note: An earlier version of this story contained an incorrect time frame in a quote from Dan Fine about when prices might dip into the $23 to $28 per barrel range. The quote has been corrected to show that projection for late 2017. New Mexicos oil and gas industry is bracing for another round of volatile ups and downs in crude prices that could push the market and ultimately production...
  • How the Global Financial Crisis Will Produce Europes 10 Kings

    10/25/2015 8:23:24 PM PDT · by Aquamarine · 52 replies
    The Trumpet ^ | October 2015 Edition | Gerald Flurry
    Americas banking crisis will reshape Europe financiallyand politically. One of the greatest prophecies in the Bible is about the union of European nations. More specifically, its about the political union of 10 European nations. For decades, people in Europe have tried to forge a cohesive political union. To that end, they have created the present, loosely hinged 28-nation European Union. Yet Revelation 17 says there are going to be 10 kings there that will unite politically and form a real superpower: a modern-day Holy Roman Empire. Bible prophecy also reveals that this European superpower will be led by a strong...
  • Were getting the right all wrong: The surprising origins of modern conservative movement

    10/25/2015 12:58:50 AM PDT · by Cincinatus' Wife · 38 replies
    Salon ^ | October 24, 2015 | Elias Isquith's interview with Kathryn Olmsted
    They also linked Roosevelt with socialists and, further to the left, communists. Communists, of course, had very progressive ideas about gender roles and race equality. So the opponents of the New Deal said, Look, he is just a communist and communists are atheists, want women working outside the home and want to help Mexican-Americans in California organize and essentially challenge white supremacy. They associated Roosevelts liberalism with what they saw as radical changes in gender roles, racial hierarchies, and religious attitudes in California.With the notable exception of #tcot and National Reviews Kevin Williamson, most informed and engaged observers of American...
  • If McDonalds goes under it will be because they followed liberals to disaster

    10/21/2015 10:51:48 AM PDT · by Kaslin · 164 replies
    Hot Air.com ^ | October 21, 2015 | JAZZ SHAW
    I saw a sad but not totally unexpected news item from John Hawkins this morning regarding one of America’s premiere dining outlets… McDonald’s. The House That Ronald Built has fallen on hard times, with some estimates indicating that a significant portion of the franchises are currently insolvent or seriously in the red. The dire warnings from franchise owners are including phrases such as, “these are the final days.” (Yahoo News) McDonald’s franchisees believe the brand is in a “deep depression” and could be facing its “final days,” according to a new survey.“We are in the throes of a deep depression,...
  • 'This Economy Is Stronger Than Its Reputation'

    10/20/2015 6:52:21 AM PDT · by blam · 8 replies
    BI ^ | 10-20-2015 | Myles Udland
    Myles UdlandOctober 20,2015Is the economy about to tip into recession? Strategists on Wall Street have talked about the US falling into an "earnings recession," a "revenue recession," and the possibility of a full-on economic recession that would see the economy shrink. But in an email on Tuesday, Deutsche Bank economist Torsten Slk wrote that despite the incessant drumbeat he hears from clients about an economy doing worse than people are willing to acknowledge, the exact opposite is in fact true: things are way better than people recognize. "In client meetings I frequently hear statements such as 'the US economy is...
  • The model minority is losing patience

    10/07/2015 2:13:41 PM PDT · by MadIsh32 · 35 replies
    The Economist ^ | 10/07/2015
    MICHAEL WANG, a young Californian, came second in his class of 1,002 students; his ACT score was 36, the maximum possible; he sang at Barack Obamas inauguration; he got third place in a national piano contest; he was in the top 150 of a national maths competition; he was in several national debating-competition finals. But when it came to his university application he faced a serious disappointment for the first time in his glittering career. He was rejected by six of the seven Ivy League colleges to which he applied. I saw people less qualified than me get better offers,...
  • Q3 Earnings Will Be Weak, And It's Not Just Energy

    10/07/2015 4:06:06 AM PDT · by expat_panama · 16 replies
    Investors Busniness Daily ^ | 10/06/2015 | CIARAN MCEVOY
    The third quarter was a bumpy ride for investors, with violent swings in stocks, weakness in China, Federal Reserve uncertainty and a battered energy sector. Now, earnings season will likely show how companies struggled to handle those headwinds. S&P 500 companies are expected to report that Q3 profits fell 4.4% on a 3.5% revenue drop, according to analysts tracked by Thomson Reuters. Excluding energy, S&P 500 companies are expected to grow earnings 3.2% and sales 2.1%. Either way, that would be the worst since Q3 2012. Actual results are likely to be a couple of percentage points higher than official...
  • Can the U.S. Remain An International Financial Center?

    10/01/2015 4:37:22 AM PDT · by expat_panama · 7 replies
    Real Clear Markets ^ | October 1, 2015 | Daniel Gallagher & Hal Scott
    For as long as most of us can remember, the U.S. capital markets have been the envy of the world, promoting the free movement of capital and propelling innovation and growth within a framework of stability and the rule of law. But can the U.S. remain an international financial center? To be blunt, the answer is no-at least, not without major reforms. This may surprise many who are comfortable thinking of the U.S. capital markets as the envy of the world. But increasingly, our foreign counterparts view us not with envy, but as a cautionary tale. Concerns regarding the competitiveness...
  • 12 Trump Businesses that went belly-up

    Donald Trump catapulted himself into the spotlight with his gilded real estate ventures and vibrant personality. The latter is what has made his show "The Apprentice" such a huge success. And over the years, he's had an opinion or two about the business world. "In the end, you're measured not by how much you undertake but by what you finally accomplish," Trump once said. But like any successful business person, Trump has had his share of setbacks. Here, we present to you 12 Trump businesses that went belly up or no longer exist.
  • Obama Calls GOP Obstructionism Americas Biggest Threat [semi-satire]

    09/21/2015 11:48:06 AM PDT · by John Semmens · 3 replies
    Semi-News/Semi-Satire ^ | 19 Sep 2015 | John Semmens
    In a speech before the Business Roundtable President Obama urged corporate leaders to lobby the Republican Congress and ask their representatives to support increased budgetary authority. Republican propaganda would cast Chinese hackers, Russian military adventures, or Islamic terror as the gravest threats to our way of life, the president said. Dont fall for it. Nothing is as great a threat as the possibility that the omnibus budget wont be approved in time to avert a government shutdown. While not totally dismissing these other dangers, Obama told the business leaders that these are more distant and dissipated sources of trouble. Even...
  • Trump Personal Business Distractions

    09/20/2015 11:44:57 AM PDT · by NGC 6822 · 94 replies
    For weeks I have been wondering why no media reporter, GOP candidate, debate moderator, network political analyst or individual citizen has asked Mr. Trump a very simple and basic question. Mr. Trump, if you are elected president, who will manage your businesses? I do not think this is a trivial question. The job of president demands 100% mental dedication and cannot tolerate conflicts with personal business interests. Owning an on-going business is not the same as putting a stock portfolio in a blind trust. To be sure Mr. Trump does have many managers to run day-to-day operations. But, I see...
  • Editorial: Governors energy plan is excellent future blueprint

    09/20/2015 8:10:27 AM PDT · by brownwill6767 · 1 replies
    Albuquerque Journal ^ | 9/20/15 | Albuquerque Journal Editorial Board
    New Mexico has a wealth of energy resources. And now it has a comprehensive plan to help guide development of those riches to grow the states economy. Last week at the 2015 Southeastern New Mexico Mayors Energy Summit in Carlsbad, Gov. Susana Martinez laid out a broad all of the above energy policy. There is no reason we shouldnt be an energy leader, she later told attendees at the eighth annual Domenici Public Policy Conference in Las Cruces. Her plan embraces a wide range of energy sources, ranging from oil and gas to solar, wind and up-and-coming technologies, such as...
  • Trump throws more barbs about Fiorina's business record

    09/18/2015 1:00:01 AM PDT · by Vision Thing · 47 replies
    this is CNN ^ | September 18, 2015 | Jeremy Diamond
    Donald Trump couldn't resist the opportunity on Thursday to knock businesswoman Carly Fiorina during a campaign stop in New Hampshire. "I thought I'd wait a couple of days before I expose her business failure," Trump said. "But honestly, it's so ridiculous." But Halyna Sorensen's question during a town hall-style event that drew 3,000 people was too perfect for Trump to turn down, sending Trump spiraling into the latest iteration of his criticism of Fiorina's controversial business record -- not just at Hewlett-Packard, but at a lesser-known technology company called Lucent. Sorensen, 66, was a Lucent employee when Fiorina took over...
  • Bernie Sanders (Like All Socialists) is a Thief Claiming to be a Humanitarian

    09/15/2015 10:58:38 AM PDT · by TBP · 26 replies
    Godfather Politics ^ | September 15, 2015 | Gary DeMar
    Most people don't know what a socialist is. Socialist sounds too much like "social." A socialist, I suspect, for most Americans means to be "social." Who could be opposed to that? Bernie Sanders is a Socialist. In reality, he's a theft using the respectability of the United States Senate as cover for his criminal views. Like all socialists, Sanders believes it's OK to steal from people if he can get enough votes and enough support from the people he will be stealing for -- the beneficiaries of his thieving ways. Of course, Sanders isn't the only socialist in Congress. Most...
  • Everything you want to know about Donald Trump's bankruptcies

    09/06/2015 2:12:30 AM PDT · by Cincinatus' Wife · 204 replies
    CNN-Money ^ | September 1, 2015 | Chris Isidore
    ".... Trump claims that successful businesses file for bankruptcy all the time. At the debate he said "virtually every person that you read about on the front page of the business sections, they've used the [bankruptcy] law." But the facts don't back that comment up. Despite high profile examples, including General Motors (GM), Lehman Brothers and most of the nation's major airlines, fewer than 20% of public companies with assets of $1 billion or more have filed for bankruptcy in the last 30 years, according to data from Bankruptcy.com and S&P Capital IQ. Trump has never filed for personal bankruptcy....
  • Govt Accuses Company Of Discrimination Over Employees Having To Prove Citizenship Status

    09/04/2015 4:50:03 PM PDT · by Enlightened1 · 27 replies
    The Washington Free Beacon ^ | 09/03/15 | Joe Schoffstall
    The Department of Justice has accused a business of discrimination due to the company requiring employees to show proof of citizenship for employment. The DOJ claims that Nebraska Beef Ltd., a Nebraska-based meat packing company, required non-U.S. citizens, but not similarly-situated U.S. citizens, to present specific documentary proof of their immigration status to verify their employment eligibility. After receiving pressure from the government, Nebraska Beef agreed to pay $200,000 in a civil penalty settlement and said they will establish an uncapped back pay fund for people who lost wages because they could not prove they are in the country legally....
  • U.S. stock futures rise ahead of jobless claims, ECB meeting

    09/03/2015 4:36:49 AM PDT · by expat_panama · 33 replies
    Market Watch ^ | Sept 3, 2015 | Sara Sjolin
    U.S. stock futures were comfortably in positive territory Thursday ahead of U.S. jobless claims data, as well as the latest policy decision from the European Central Bank. The early move follows an upbeat session in Asia, where the volatile Chinese markets are closed for two days. Futures for the Dow Jones Industrial Average YMU5, +0.24% climbed 67 points, or 0.4%, to 16,397, while those for the S&P 500 index ESU5, +0.20% added 7.15 points, or 0.4%, to 1,954.25. Futures for the Nasdaq 100 index NQU5, +0.21% gained 24 points, or 0.6%, to 4,284. The indicated advances come after all three...
  • How This New Government Ruling Destroys the Franchise Business Model

    08/29/2015 8:04:06 AM PDT · by Rusty0604 · 55 replies
    The Daily Signal ^ | 08/28/2015 | James Sherk
    The National Labor Relations Board (NLRB) just issued a ruling likely to destroy the franchise business model. To understand how far-reaching this could be, it should be noted that almost 9 million Americans work at over 780,000 franchised businesses. From Jiffy Lube to Terminex to Wendys, franchises enable many Americans to run their own small businesses without having to design and market everything from scratch. Franchising is a particularly important opportunity for minority entrepreneurs. Franchises are almost 50 percent more likely to be minority-owned than non-franchised businesses. If this ruling stands, minority Americans wont get that chance. The recent ruling...
  • Number of Michigan Schools Privatizing Services Grows to 70 Percent

    08/25/2015 6:51:34 AM PDT · by MichCapCon
    Michigan Capitol Confidential ^ | 8/23/2015 | James Hohman
    There are more Michigan public schools contracting out food, custodial or transportation services than ever, according to the Mackinac Centers latest survey of school districts. This year, 70.8 percent of school districts use private-sector vendors to clean buildings, get kids to school, or cook and serve school meals. This is up from 66.6 percent the previous year. Getting more of the private sector involved in a supporting role in school districts is a long-term trend. In 2001, only 31 percent of districts contracted out these services and it took a decade before more than half of districts contracted out. Our...
  • China's stock markets opens sharply lower as rout shows no sign of let-up

    08/24/2015 6:54:40 PM PDT · by Pete from Shawnee Mission · 24 replies
    South China Morning Post ^ | Tuesday, 25 August, 2015, 9:18 pm EST | Enoch Yiu
    Shanghai shares crumbled from fresh selling on Tuesday as a rout shows no sign of slowing down in the market as investors flee the market. The Shanghai Composite Index opened at 3,004.13 point, down 6.41 per cent, or 205.87 points. The CSI300 index of Shanghai-Shenzhen large cap stocks opens at 3,070.01 , down 6.27 per cent or 205.52points. The Shenzhen Composite Index opens at 1,751.28, down 6.97 per cent or 131.18 points. The NASDAQ-style ChiNext Price Index dropped 6.94 per cent, or 149.30 points to open at 1,996.04..
  • Staring into a void, investors pull cash from harm's way

    08/20/2015 5:29:26 PM PDT · by SkyPilot · 59 replies
    Yahoo Finance ^ | 20 Aug 15 | By Michael Santoli
    If nature abhors a vacuum, investors arent so crazy about them either. Its hard to avoid all the voids right now. The August Wall Street vacation evacuation is well underway, markets are facing an absence of inflation, huge air pockets underneath commodities and emerging-market currencies and a vexing lack of clarity about what the Fed might do in less than a months time. The collective response to this environment devoid of strong conviction has been to pull cash out of riskier markets and wait. Barclays Capital says more than $90 billion has sought the shelter of money-market funds in...
  • S&P erases gains for year as stocks plunge 2% on Fed, growth concerns

    08/20/2015 5:18:45 PM PDT · by SkyPilot · 31 replies
    CNBC ^ | 20 Aug 15 | CNBC staff
    U.S. stocks closed near session lows on Thursday, off more than 2 percent, as investors weighed continued uncertainty about the timing of a rate hike and concerns about global growth headed by slowing in China. The S&P 500 and Dow Jones industrial average both had their worst day since Feb. 3, 2014. "I think the markets are overly pessimistic," said Anthony Valeri, investment strategist at LPL Financial. "I think this sentiment is panicking over news from China, the Fed (and) oil at six-year lows." Weakening in emerging market currencies on the heels of China's yuan devaluation last week added to...