Archive for January, 2016

Ackman, Herbalife unscathed by probes: WSJ

January 31st, 2016

Ackman, Herbalife unscathed by probes: WSJ

William Ackman, founder and CEO of hedge fund Pershing Square Capital Management, speaks during the Sohn Investment Conference in New York(Reuters) – Two government probes into the conduct of longtime antagonists Pershing Square Holdings and Herbalife have failed to find sufficient evidence of criminal wrongdoing by either party, the Wall Street Journal said, citing people familiar with the matter. The probes included an investigation of claims that Herbalife, a nutrition and weight loss company, has a fraudulent business model, and an inquiry into allegations that investment firm Pershing Square manipulated Herbalife’s stock, the Journal said.

Source
Stock Markets News Headlines – Yahoo! News

Super Bowl stumbles into San Francisco's haves vs have-nots divide

January 31st, 2016

Super Bowl stumbles into San Francisco's haves vs have-nots divide

NFL: Super Bowl 50 Stadium and Field Preparation-Press ConferenceBy Rory Carroll SAN FRANCISCO (Reuters) – As San Francisco embarks on elaborate festivities for Super Bowl 50 this week, some in the city aren’t in a mood to celebrate. Activists on a range of economic and social issues see the opening of Super Bowl City, a multi-stage event space on the city’s scenic Embarcadero, as a symbol of how San Francisco has lost its way. Tommi Avicolli Mecca, director of counseling for the Housing Rights Committee, said he hates seeing San Francisco, which is already facing a $100 million budget shortfall, spending an estimated $5 million in taxpayer dollars to host events leading up to next Sunday’s Super Bowl.

Source
Economy News Headlines – Yahoo! News

HSBC to freeze salaries, hiring in 2016 in battle to cut costs: sources

January 31st, 2016

HSBC to freeze salaries, hiring in 2016 in battle to cut costs: sources

A Swiss International aircraft flies past the HSBC headquarters building in the Canary Wharf financial district in east LondonEurope’s largest lender, HSBC, is imposing a hiring and pay freeze across the bank globally in 2016, two sources familiar with the matter told Reuters. Like numerous other global banks, HSBC is in the midst of a cost-cutting drive to boost profitability and returns to shareholders, and is pushing through with plans for annual cost savings of up to $5 billion by 2017. Europe’s biggest bank said in June that it planned to slash nearly one in five jobs and shrink its investment bank by a third in response to sluggish economic growth and tighter global regulation of bank balance sheet risk.

Source
Economy News Headlines – Yahoo! News

For More Than A Million Food Stamp Recipients, The Clock Is Now Ticking

January 31st, 2016

For More Than A Million Food Stamp Recipients, The Clock Is Now Ticking

There’s a three-month cap on SNAP benefits for unemployed, able-bodied adults, but it was waived in many areas after the recession began. In 22 states, the time limit kicked back in this month.

Source
Economy : NPR

A Video Game IRL: Drone Racing League Aims To Be NASCAR In The Air

January 31st, 2016

A Video Game IRL: Drone Racing League Aims To Be NASCAR In The Air

Goggles and onboard cameras put pilots and spectators in the cockpit as the drones race at high speeds through crazy courses. The Drone Racing League’s first season kicks off next month in Miami.

Source
Business : NPR

Universal starts new business classes in partnership with Marcus Lemonis – Orlando Sentinel

January 31st, 2016

Universal starts new business classes in partnership with Marcus Lemonis – Orlando Sentinel


Orlando Sentinel
Universal starts new business classes in partnership with Marcus Lemonis
Orlando Sentinel
Universal Orlando has teamed up with Marcus Lemonis of CNBC’s The Profit and Columbia College in Missouri to create a new educational program called the Business Learning Series. Students have the opportunity to identify real-life examples of business …

and more »

Source
“new business” – Google News

Bernie Sanders Could Nuke Hillary, But Won’t Do It

January 31st, 2016

Bernie Sanders Could Nuke Hillary, But Won’t Do It

Bernie Sanders Could Nuke Hillary, But Won’t Do ItOn Friday, the U.S. Department of State released a slate of Hillary Clinton’s emails that was so plainly a gift to Vermont Sen. Bernie Sanders, her chief rival for the Democratic presidential nomination, that it probably ought to have been reported to the Federal Elections Commission. Clinton surrogate have been ripping into Sanders for what one spokesperson laughably called the “most negative” Democratic primary campaign in history, mainly on the basis of a single 30-second ad that criticized unnamed politicians for taking money from Wall Street. Recent reports have found that the Sanders camp is actively trying to tamp down the negative attacks waged on its behalf by some online supporters, and that it has even apologized to the Clinton campaign for them.

Source
Stock Markets News Headlines – Yahoo! News

Dubai tourism allure undiminished by hotel fire: tourism chief

January 31st, 2016

Dubai tourism allure undiminished by hotel fire: tourism chief

File photo of fire engulfing the Address Hotel in downtown Dubai in the United Arab EmiratesBy David French DUBAI (Reuters) – Bookings in Dubai’s tourism industry are looking strong for the first quarter of this year despite the fire which swept through a downtown hotel on New Year’s Eve, the head of the emirate’s tourism department told Reuters on Sunday. Pictures of the blaze, the emirate’s second major fire of 2015, were beamed around the world, but Dubai’s allure as a tourism hub has not been diminished, according to Helal Saeed Almarri, director-general of Dubai Tourism. Tourism is a key pillar of the economy of Dubai, which has established itself as a entertainment and conference hub.

Source
Economy News Headlines – Yahoo! News

Drought tests a changed Ethiopia

January 31st, 2016

Drought tests a changed Ethiopia

Woman wait to collect water in the drought stricken Somali region in EthiopiaBy Aaron Maasho and Edmund Blair FEDETO/ADDIS ABABA, Ethiopia (Reuters) – On a treeless plain in eastern Ethiopia, thousands of destitute pastoralists have set up camp outside the tiny village of Fedeto. “We wandered for three months, losing every single animal apart from two donkeys,” said Saido Ahmed Keyat, a 29-year-old mother of five, whose family had boasted 200 sheep and goats, 15 cattle, eight camels and seven donkeys. Back then, water shortages and conflict combined to cause a famine that killed an estimated one million people.         In the years since, Ethiopia has transformed under a government that promotes rapid economic development, although it is criticised for limiting many political freedoms.

Source
Economy News Headlines – Yahoo! News

Caldwell: Strategize new business success – Northwest Herald

January 31st, 2016

Caldwell: Strategize new business success – Northwest Herald

Caldwell: Strategize new business success
Northwest Herald
Success is based on mindfully implementing strategies that lead to an expanded customer base and higher profits. Strategies that can position yourself and your organization for new levels of success include: • Reviewing and starting fresh. Now is the

Source
“new business” – Google News