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The Worst States For Business

by The Huffington Post // February 28, 2015 // Updated 21:03 GMT // 0 Comments

Read the whole story at 24/7 Wall St.

Airbnb Gained A Very Powerful Friend In Warren Buffett

by The Huffington Post // February 28, 2015 // Updated 19:21 GMT // 0 Comments

Warren Buffett is a fan of Airbnb. –It’s good to be on Warren Buffett’s good side. | ASSOCIATED PRESS Still, Airbnb has ponied onward. The company is raising an enormous round of funding that would value it at $20 billion, according to a report published on Friday by TechCrunch.

China Cuts Interest Rates to Stimulate Slowing Economy

by The New York Times // February 28, 2015 // Updated 14:22 GMT // 0 Comments

SHANGHAI — With its growth engine slowing, China said on Saturday that for the second time in three months it was reducing the nation’s benchmark interest rates. In an announcement on its website, China’s central bank said that, effective Sunday, the one-year bank lending rate would drop by 0.25 percentage points to 5.35 percent and […]

Advice from Warren Buffett that could make you rich

by CNN Money // February 28, 2015 // Updated 11:21 GMT // 0 Comments

In 2015, there is no shortage of reasons to worry. But here’s what Buffett has to say about it: “Charlie and I have always considered a “bet” on ever-rising U.S. prosperity to be very close to a sure thing. Though the preachers of pessimism prattle endlessly about America’s problems, I’ve never seen one who wishes […]

Warren Buffett knows who next Berkshire CEO is

by CNN Money // February 28, 2015 // Updated 08:45 GMT // 0 Comments

Related: How good is Warren Buffett? Very But most Buffett fans read the letters for his advice on stocks — even though Buffett has conceded that the portfolios run by his two investing lieutenants Todd Combs and Ted Weschler have outperformed his own lately. Buffett is a classic buy and hold investor who has largely […]

Warren Buffett knows who next Berkshire CEO is

by CNN Money // February 28, 2015 // Updated 08:45 GMT // 0 Comments

Related: How good is Warren Buffett? Very But most Buffett fans read the letters for his advice on stocks — even though Buffett has conceded that the portfolios run by his two investing lieutenants Todd Combs and Ted Weschler have outperformed his own lately. Buffett is a classic buy and hold investor who has largely […]

John Fairchild, Editor of Women’s Wear Daily, Dies at 87

by The New York Times // February 28, 2015 // Updated 07:57 GMT // 0 Comments

John Fairchild, the witty and irascible publisher and editor who transformed his family’s fusty trade publication, Women’s Wear Daily, into the lively bible of the fashion industry, died on Friday at his home in Manhattan. He was 87. John Fairchild, shown with covers of W magazine in 1976. (Fairchild Archive) Women’s Wear Daily announced his […]

What’s an Economist’s Nobel Medal Worth? $390,848

by The New York Times // February 28, 2015 // Updated 01:56 GMT // 0 Comments

The Nobel medal awarded to the economist Simon Kuznets in 1971 sold Thursday night on the auction block for $390,848. This was the first medal to sell in the field of economics, and one of only a handful of the 889 medals awarded since 1901 ever to have been sold. The actual medallion, made of […]

At Aetna, a C.E.O.’s Management by Mantra

by The Huffington Post // February 27, 2015 // Updated 21:04 GMT // 0 Comments

On a recent wintry afternoon, Mark T. Bertolini, the 58-year-old chief executive of Aetna, the health insurer, was sitting in his Hartford office wearing a dark suit and a crisp, white, French-cuffed shirt.Mark Bertolini, chief executive officer of Aetna Inc., poses for a photograph following a Bloomberg Television interview on day three of the World […]

Want To Look Smarter? Stop Sending Emails And Speak Like A Human

by The Huffington Post // February 27, 2015 // Updated 20:37 GMT // 0 Comments

Think you’re saving time and looking pretty smart dashing off endless emails to your boss? Do yourself a big favor, stop typing and talk to her instead. We can’t all be rocket scientists like this guy. But you can seem smarter by speaking out loud. | NASA NASA via Getty Images – Taking his research […]

Why This Trendy NYC Restaurant Banned Tips

by The Huffington Post // February 27, 2015 // Updated 20:06 GMT // 0 Comments

NEW YORK — Amanda Cohen is attempting a radical experiment for Manhattan restaurants: no tipping. And so far, the chef of revered vegetarian eatery Dirt Candy said, she hasn’t received a single complaint from customers.Amanda Cohen doesn’t want her waiters to go broke serving this. | Dirt Candy When Dirt Candy reopened earlier this month […]

A White and Gold (No, Blue and Black!) Dress Melts the Internet

by The New York Times // February 27, 2015 // Updated 17:30 GMT // 0 Comments

The mother of the bride wore white and gold. Or was it blue and black? From a photograph the bride posted of the dress online, no one could agree. A few days after the wedding last weekend on the Scottish island of Colonsay, a member of the wedding band was so frustrated by the lack […]

Why Warby Parker Bought A Customer A Round Of Drinks

by The Huffington Post // February 27, 2015 // Updated 15:29 GMT // 0 Comments

Tess Johnson was pretty upset when she showed up at a Warby Parker in Atlanta last Tuesday to pick up her new glasses frames. Her car had been stolen earlier that day, and she found herself sharing the tale with the retail employees in the store. Days later, Johnson opened her mailbox to find a […]

Whole Foods Finally Got Cheaper And It’s Working

by The Huffington Post // February 27, 2015 // Updated 14:56 GMT // 0 Comments

Whole Foods Market is finally coming to terms with its image problem. The notion that its food is too expensive has kept a certain segment of grocery shoppers at bay, limiting the company’s growth.Finally, things are getting more affordable. | ASSOCIATED PRESS Read the whole story at Quartz

BuzzFeed’s newest traffic driver: debate about the color of a dress

by CNN Money // February 27, 2015 // Updated 12:47 GMT // 0 Comments

The Twitter hashtag #TheDress was still the No. 1 trending topic in the United States after midnight. By then, BuzzFeed had registered 16 million views for Holderness’s story, and it was still growing. The next-biggest BuzzFeed story this week has garnered about 6 million views. BuzzFeed’s traffic levels — and purposefully silly, over-the-top coverage — […]

You got hacked. Cybersecurity stocks soar

by CNN Money // February 27, 2015 // Updated 12:42 GMT // 0 Comments

President Obama and Apple (AAPL, Tech30) CEO Tim Cook both stressed the need for companies and governments to do more to protect businesses and consumers from attacks while also safeguarding their privacy. Related: The worst hacks in corporate history Cybersecurity stocks aren’t just rallying due to headlines. All these hacks have legitimately boosted their business. […]

You got hacked. Cybersecurity stocks soar

by CNN Money // February 27, 2015 // Updated 12:42 GMT // 0 Comments

President Obama and Apple (AAPL, Tech30) CEO Tim Cook both stressed the need for companies and governments to do more to protect businesses and consumers from attacks while also safeguarding their privacy. Related: The worst hacks in corporate history Cybersecurity stocks aren’t just rallying due to headlines. All these hacks have legitimately boosted their business. […]

China under pressure as money floods out of the country

by CNN Money // February 27, 2015 // Updated 12:30 GMT // 0 Comments

All eyes will be on the government next week, when it will announce its economic agenda. Historically, China has kept tight control of the yuan. Favorable exchange rates have helped to boost exports and manufacturing, and drawn accusations from the U.S. that the currency has been kept artificially low. – Most stock quote data provided […]

Germany Backs 4-Month Extension of Greece’s Bailout

by The New York Times // February 27, 2015 // Updated 11:53 GMT // 0 Comments

BERLIN — German lawmakers voted on Friday overwhelmingly to extend the terms of Greece’s bailout by four more months, despite growing misgivings over Athens’s willingness to make economic overhauls viewed in Berlin as necessary to ensure a long-term recovery. Wolfgang Schäuble, Germany’s finance minister, urged lawmakers to support the extension to ensure Europe’s future success, […]

Ruble collapse makes bribery more expensive for Russians

by CNN Money // February 27, 2015 // Updated 11:02 GMT // 0 Comments

As the ruble has collapsedlosing 40% against the dollar in six monthsthe cost of bribing officials has shot up because they mostly insist on being paid in a hard currency, according to Yakunin. – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed […]

Billionaire Carl Icahn can’t wait to drive an Apple car

by CNN Money // February 27, 2015 // Updated 10:47 GMT // 0 Comments

However, there is mounting evidence that something’s up. Earlier this month there were reports indicating Apple had hired several hundred employees to work on a project aimed at launching an electric car. Moreover, a lawsuit filed earlier this month claims the iPhone maker is poaching car battery engineers from A123 Systems. – Most stock quote […]

The answer to New York City’s housing crisis: Smaller apartments

by CNN Money // February 27, 2015 // Updated 10:27 GMT // 0 Comments

Rents in the city rose by 75% between 2000 and 2012, according to a 2014 report by the New York City Comptroller’s Office. The city’s mayor, Bill DeBlasio, has promised to build and preserve 200,000 affordable housing units over the next decade. – Most stock quote data provided by BATS. Market indices are shown in […]

Apple iPhone import ban sought by suit

by CNN Money // February 27, 2015 // Updated 08:51 GMT // 0 Comments

“Apple’s products benefit from the technology invented and patented by Ericsson’s engineers,” said Kasim Alfalahi, chief intellectual property officer at Ericsson, in a statement. “Features that consumers now take for grantedlike being able to livestream television shows or access their favorite apps from their phonerely on the technology we have developed.” – Most stock quote […]

#TheDress goes viral: Fashion firm flirts with fame

by CNN Money // February 27, 2015 // Updated 08:15 GMT // 0 Comments

“We still have plenty in stock,” she said. “Plenty to go around,” noting that the dress is available in other colors as well. It currently sells for £50 ($77). Roman has 132 stores across the U.K. and has been expanding at a breakneck pace, said Bastock. The company is opening one new store each week.

Google allows porn on Blogger after backlash

by CNN Money // February 27, 2015 // Updated 08:05 GMT // 0 Comments

Even under its now defunct “graphic nudity” ban, Google said it would have allowed nudity “if the content offers a substantial public benefit, for example in artistic, educational, documentary, or scientific contexts.” – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by […]

UnitedHealth limits coverage for most common hysterectomies

by CNN Money // February 27, 2015 // Updated 07:58 GMT // 0 Comments

The FDA and the College of Obstetricians and Gynecologists acted after a story and an e-book by the Wall Street Journal, which called public attention the risks posed by the morcellators. United Healthcare’s notice said physicians who do not get preauthorization for the procedure will have their claim for compensation denied. It said the doctors […]

Kelly Osbourne quits E!’s ‘Fashion Police’

by CNN Money // February 27, 2015 // Updated 07:32 GMT // 0 Comments

Giuliana Rancic has since apologized for her comments. – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2015 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2015. All rights reserved. […]

The woman who broke into the BBQ ‘boys club’

by CNN Money // February 27, 2015 // Updated 07:29 GMT // 0 Comments

“I’m just preaching the gospel of barbecue,” Cookston says.”I do what I love.” Related: Women build bigger businesses – “It sounds like a lot of sour milk,” Cookston says. “Everything we do here is original.” Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is […]

Hardcore ‘House of Cards’ fans have already finished watching season 3

by CNN Money // February 27, 2015 // Updated 05:46 GMT // 0 Comments

It was 8 a.m. in the U.K. when @MurphyOReilly says he started. He didn’t go outside (“fresh air is so overrated!”) and bought American snacks to keep him in the mood. – Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two […]

Premarkets: 5 things to know before the open

by CNN Money // February 27, 2015 // Updated 05:26 GMT // 0 Comments

2. Keep an eye on U.S. data: At 8:30 a.m. ET, the Bureau of Economic Analysis will release its second estimate for U.S. GDP in the fourth quarter of 2014. “U.S. GDP is expected to be revised lower in Q4, but not in a way that should worry the rest of the world,” said Paul […]

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