Latest US Business News
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Blogging platform Tumblr acquired by Yahoo for $1.1 bn
NEW YORK - Yahoo promised "not to screw it up" as it formally announced its acquisition of the popular Tumblr blogging platform for $1.1bn in cash, giving the company a much-needed base in social media to reach a younger generation of users. The relaxed wording of the memo for one of the internet giant's biggest acquisitions was echoed in the memo sent by David Karp, Tumblr's 26-year-old ...
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Bombardier unveils Challenger 350 mid sized business jet
GENEVA - Canadian aeroplane maker Bombardier has expanded its leading Challenger family of business jets with the launch of the new Challenger 350 aircraft in collaboration with global leader in private aviation, US firm NetJets. The launch on Monday was held at a special event here at the European Business Aviation Conference and Exhibition (EBACE). Bombardier said deliveries of the ...
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Microsoft expected to reveal next-generation Xbox
FILE - In this June 5, 2012 file photo, show attendees walk past Microsoft XBox booth at E3 2012 in Los Angeles. With the next Xbox expected to finally be revealed Tuesday, May 21, 2013, at Microsoft's headquarters in Redmond, Wash., anticipation for what the company is planning for the next iteration of its gaming console is higher than Master Chief's last spaceship. (AP Photo/Damian ...
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Movers Shakers Tuesday’s movers Medtronic Carnival
NEW YORK (MarketWatch) -- Shares of J.P. Morgan, Yahoo and Apple attracted investor attention in premarket trade on Tuesday. Shares of Medtronic Inc. rose while Carnival Corp. shares ...
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The Syrian Regimes New Offensive
Syrian troops celebrate as they take control of the village of Haydariyah, some seven kilometers outside the rebel-held city of Qusayr, on May 13, 2013. (Image credit: AFP/Getty Images via @daylife) battle for the highly coveted Homs ...
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Is Authentic Executive Presence An Oxymoron
Zappos CEO Tony Hsieh makes authentic presence look easy. Why is it so hard for the rest of us? (Photo credit: Wikipedia) Several years ago when my book was in development, I proudly shared the working title -- Authentic Executive Presence -- to a long-time friend. She's spent her career successfully navigating large pharmaceutical companies, earning increasing roles and responsibilities. ...
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Mitch Joel How To Reboot Your Business And Your Life
Twist Image , an award-winning Digital Marketing and Communications company. Marketing Magazine dubbed him the "Rock Star of Digital Marketing" and called him, "one of North America's leading digital visionaries." His newspaper business column, New Business - Six Pixels of Separation, runs bi-monthly in both The Montreal Gazette and Vancouver Sun and he also has a ...
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3 Tips For Women To Improve Their Body Language At Work
93 percent of our communication is nonverbal. This means that our body language, facial expressions and other nonverbal behavior is even more important than our verbal content -- yet most people don't even think about what their body language is saying to others. As a result, many women don't ever realize how much their body language is holding them back at work. I recently did body ...
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Culture of Purpose Is Key To Success According To New Research From Deloitte
survey just released by Deloitte. Yet, businesses are still not doing enough to create this sense of purpose and make a positive impact on all stakeholders. In fact, according to the report, 91% of respondents who said their company has a strong sense of purpose also said their company has a history of strong financial performance. However, 68% of employees and 66% of executives believe ...
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3 Ways Wearable Tech Can Make You More Profitable
Wearable technology is well on its way to a pervasive consumer reality. Imagine purses with smartphone chargers. Jackets that automatically cool you down or warm you up as the weather demands. Smart Shirts that monitor your heart rate and vital signs with embedded programming that can make an automatic call for medical help. Thus far, wearable tech has made the greatest initial advances in ...
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New Asthma Drug Generates Excitement For Patients -- And Its Maker
Regeneron Chief Scientist George Yancopoulos An experimental asthma drug could give new hope to patients for whom existing medicines are not enough and give yet another boost to Regeneron Pharmaceuticals, the company developing it, which has seen its shares rise 376% in the past two years, inching several of its executives toward billionaire status. Nearly 25 million Americans - 8% of the ...
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Merger Monday -- Yahoo GrubHub Websense But What About Twitter and Microsoft
and Tumblr, Seamless North America and GrubHub, and Vista Equity Partners announced acquisition of Websense. Stand alone deals are always interesting given the potential response - some companies do nothing, others quickly put other companies into play while others up the ante for an existing transaction. Historically, however, big acquisitions tend to realize the big synergies -- better known ...
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A.M. Kitco Metals Roundup Gold Weaker On Corrective Pullback From Late Rally Monday
Comex gold futures prices are moderately lower in early U.S. trading Tuesday. The market is seeing a downside technical correction following a surge higher in late trading Monday. The stronger U.S. dollar index Tuesday is also a negative for the precious metals markets. Comex June gold last traded down $11.90 at $1,371.80 an ounce. Spot gold was last quoted down $22.10 at $1,372.50. July Comex ...
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Pharmas RD Deals With Foundations May Negatively Impact Image
Dr. Mikael Dolsten, Pfizer's President of Worldwide Research, wrote a spirited response to my post. To be fair, Dr. Dolsten gave a number of reasons to justify this deal, including the need for breaking down silos that exist in pharmaceutical R&D, the evolution of a "networked R&D model", and the resolve to "solve serious medical challenges that no one actor can solve ...
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Fat Chance Abercrombie CEO Mike Jeffries To Meet With Teen Protester
resurrected 2006 comments about the teen chain's exclusive courtship of "cool, good-looking" kids sparked a firestorm of objections and protests this month, might just be changing his ways. According to ...
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US Agriculture Dept. Batey Relief Alliance is one of the best NGOs in developing countries
Santo Domingo. - The Batey Relief Alliance (BRA) received this past week high praises from the US Department of Agriculture (USDA). According to Margie Bauer, the agency's Attach for the Dominican Republic, Haiti and Jamaica, "BRA executed a US $2 million agricultural community development project using USDA Food for Progress funding. BRA is one of the best partners our office has had ...
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Microsoft software satisfaction slumps
Customer satisfaction with Microsoft's software, primarily Windows, dropped slightly in the last year, likely part of the fallout over Windows 8, a national survey released today said. Microsoft scored 74 points, down a point from the year before, in the newest poll conducted by the American Customer Satisfaction Index (ACSI), a consumer survey started by the University of Michigan. The ...
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Dimon Prevails in Early Count of Job Split
JPMorgan Chase appears to have been defeated, a source familiar with the preliminary tallies told CNBC, strengthening the hand of the bank's embattled chief, Jamie Dimon. Dimon - who in media reports raised the prospect of resigning if he lost his dual title - has been at the center of withering public scrutiny after a series of regulatory failures engulfed the bank. The widely publicized ...
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Dimon Keeps Dual Role as Chairman and CEO
So Why did Dimon win? One answer may be that shareholders have done extraordinarily well in the past year. The bank's stock is up more than 56percent since May 2012, compared to the S&P 500's gain of 28.5percent. Long term shareholders who haveheld the stock since 2004 when JPMorgan Chase announced the merger with BankOne, then lead by Dimon, have seen a gain of just 33 percent, ...
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Markets at Risk of a Big Data Crash
Regulators and investors are struggling to meet the challenges posed by high-frequency trading. This ultra-fast, computerized segment of finance now accounts for most trades. HFT also contributed to the "flash crash," the sudden, vertiginous fall in the Dow Jones Industrial Average in May 2010, according to U.S. regulators. However, the HFT of today is very different to that of three ...
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Tech stocks Microsofts big reveal more Yahoo
Microsoft shares are barely moving this morning, but that could change following a major announcement. Let's take a look at the tech stocks to watch Tuesday. Microsoft welcomes the next Xbox. The tech ...
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Best Buys sales come up short
Best Buy's sales fell more than expected in its fiscal first quarter, creating a speed bump for one of the year's best performing stocks among the S&P ...
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The Obamacare myth about small business
That's a tiny fraction of small businesses. As of 2010, there were roughly 5.7 million small employers, defined as those with fewer than 500 workers. Some 97% of them have fewer than 50 employees. That means Obamacare's employer mandate applies only to 3% of America's small businesses. That's about 200,000 companies. The critics aren't convinced: ...
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Three join Carey Giampa real estate team
HAMPTON -- Carey Giampa, Realtors is pleased to welcome Lauren Stone, Terri Brunette and Lisa Paquette to the firm’s staff of professional ...
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Slide Show Oklahoma tornado slams hospital school in Moore
, near Oklahoma City, on Monday. The storm tore through that suburb, killing at least 51 people as winds of up to 200 miles per hour flattened entire tracts of homes, two schools and a ...
Rhode Island Featured
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Rhode Island offshore wind farm contraversey
There is division in the ranks over a wind farm planned for construction off Block Island, while officials in the state government have accused future surveys for potential new sites of lacking in scope.
Deepwater Wind is becoming a controversial name in Rhode Island over plans to build an off shore wind farm just off the coast of Rhode Island. While not as controversial as Deepwater Horizon, the BP oil rig that caused the mess in the Gulf of Mexico, the renewable energy plans of Deepwater Wind are certainly raising some hackles. Read more
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