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Tuesday July 7th 2015

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Business – Google News

Cuts, closings ahead for American Apparel – New York Post


New York Post

Cuts, closings ahead for American Apparel
New York Post
It's the result of five years of sales losses, some 20 lawsuits related to the ouster of its former CEO, Dov Charney, and an unwieldy $240 million debt that is taking a heavy toll. On Monday, the LA-based retailer announced a $30 million cost-cutting
American Apparel closing underperforming storesUSA TODAY
American Apparel to Cut Stores, Trim WorkforceTIME
Facing sales slump, American Apparel to close storesTHE BUSINESS TIMES
Sky News Australia -Wall Street Journal
all 125 news articles »

Posted on 7 July 2015 | 1:49 am

Sheryl Sandberg joins board of late husband’s firm – USA TODAY


USA TODAY

Sheryl Sandberg joins board of late husband's firm
USA TODAY
SAN FRANCISCO — In a touching tribute to her late husband and his legacy in Silicon Valley, Sheryl Sandberg has joined the board of SurveyMonkey, the online survey company Dave Goldberg ran for six years until his sudden death. "I watched him and his …
Facebook's Sheryl Sandberg Joins SurveyMonkey BoardWall Street Journal (blog)
Facebook executive Sheryl Sandberg joins board of SurveyMonkeyReuters
Sheryl Sandberg Joins SurveyMonkey Board of DirectorsNew York Times
TIME -Hollywood Reporter
all 22 news articles »

Posted on 7 July 2015 | 1:23 am

Rift Emerges as Europe Gears Up for New Talks on Greece Bailout – New York Times


New York Times

Rift Emerges as Europe Gears Up for New Talks on Greece Bailout
New York Times
ATHENS — Germany continued to maintain a hard line with Athens on Monday, just a day after Greek voters decisively rejected a bailout deal from its creditors. But some European countries showed a willingness to soften the push for austerity that has …
Greece seeks a bailout proposal that Eurozone nations could stomachLos Angeles Times
Euro edges lower ahead of euro zone summit on GreeceReuters
Profile: Marxist academic described as brains behind Syriza's economic policyIrish Independent
Wall Street Journal -Washington Post -Telegraph.co.uk
all 11,544 news articles »

Posted on 7 July 2015 | 1:17 am

Google eyes a ride in Uber’s turf – The Australian


IBNLive

Google eyes a ride in Uber's turf
The Australian
Google has thrown its hat into the hotly contested ride-sharing ring with the aunche a pilot carpooling service for commuters in Tel Aviv, Israel. The service, which went live on Monday afternoon, is being offered through the navigation app Waze, which
Bits | Google to Test Carpooling Service in IsraelNew York Times (blog)
Google tests new ride-sharing appCNNMoney
Google tests carpooling app in Israel with Waze traffic serviceTHE BUSINESS TIMES

all 147 news articles »

Posted on 7 July 2015 | 12:48 am

Starbucks is hiking prices, again – CNNMoney


CNNMoney

Starbucks is hiking prices, again
CNNMoney
Starting Tuesday, Starbucks (SBUX) will charge 5 to 20 cents more for some of its drinks — mostly hot beverages — at the majority of its U.S. stores. The company did not specify exactly which drinks will be impacted because it charges different
Starbucks Canada to raise some pricesHamilton Spectator
Starbucks: Prices for some drinks to go up by 5 to 20 centsCharlotte Observer
Starbucks: Prices for some drinks to go up 5 to 20 centsMiami Herald
Business In Savannah -Patch.com
all 287 news articles »

Posted on 6 July 2015 | 11:59 pm

Asia shares win reprieve but Greece, China concerns limit gains – Reuters


Reuters

Asia shares win reprieve but Greece, China concerns limit gains
Reuters
TOKYO Asian stocks won a reprieve on Tuesday after sharp falls the previous day but investors remained on edge amid uncertainty over Greece's position in the euro and volatility in mainland Chinese equity markets. Chinese shares dropped almost two …
Asian Shares Shrug Off China, Greece WorriesWall Street Journal
Sensex, Nifty likely to surge; weak crude may drive OMCsMoneycontrol.com
MarketsFast Asia Open: Eyes still on China, RBA decisionFinancial Times
Bloomberg -Reuters Canada
all 709 news articles »

Posted on 6 July 2015 | 9:49 pm

​Oil plunges again, and gas prices will likely follow – CBS News


CBS News

​Oil plunges again, and gas prices will likely follow
CBS News
NEW YORK – A slew of global economic and geopolitical factors are working to pummel the price of oil and set up U.S. drivers for very low gasoline prices later this year. The price of U.S. crude dropped 7.7 percent Monday to close at $52.53 a barrel
Crude oil tumbles 8 pct, points to low gas prices this fallU.S. News & World Report

all 709 news articles »

Posted on 6 July 2015 | 9:09 pm

AMD Sees Revenue Sliding – Wall Street Journal


Wall Street Journal

AMD Sees Revenue Sliding
Wall Street Journal
Advanced Micro Devices Inc. AMD -2.37 % said revenue fell more than it expected in the second quarter, the latest sign of worsening conditions in the market for personal computers. The company, the longtime minority supplier of microprocessors behind
AMD shares dive 14% on sales warningUSA TODAY
UPDATE 2-Chipmaker AMD cuts revenue estimate, citing weak PC salesReuters
Chipmaker Advanced Micro Devices forecasts disappointing 2Q sales based on Fox Business
Bloomberg -CNNMoney -MarketWatch
all 59 news articles »

Posted on 6 July 2015 | 8:35 pm

Tentative plan to keep Amtrak running in Kansas and Missouri – KAKE


KAKE

Tentative plan to keep Amtrak running in Kansas and Missouri
KAKE
KANSAS CITY, Mo. (AP) — Amtrak officials say a tentative agreement has been reached that would keep the passenger train running in Kansas and Missouri. Amtrak had threatened to shut down or reroute the Southwest Chief in Kansas and to stop the River …

and more »

Posted on 6 July 2015 | 8:31 pm

Buffett donates record $2.84 bln to Gates, family charities – Reuters


AsiaOne

Buffett donates record $2.84 bln to Gates, family charities
Reuters
July 6 Warren Buffett on Monday donated about $2.84 billion of Berkshire Hathaway Inc stock to the Bill and Melinda Gates Foundation and four family charities, as part of the billionaire's plan to give away nearly all of his wealth. The 10th annual
Buffett gifts stock worth more than $2.8bNEWS.com.au

all 129 news articles »

Posted on 6 July 2015 | 4:42 pm

Top Stories – Bing News

Secoo: Enabling Chinese Consumers To Purchase Affordable Luxuries

BEIJING, July 6, 2015 /PRNewswire/ — Secoo.com’s anniversary celebration will be held on July 7-9, and will have the theme “Secoo sells luxury items at prices no one dares to sell at”, with discounted commodities covering bags, watches, household articles …

Posted on 6 July 2015 | 7:21 pm

Mud Bay Market in Cape Vincent offers convenient grocery stop in community

CAPE VINCENT — Stephanie L. White, who launched Mud Bay RV Park & Motel in 2012, recently opened a small grocery store on her property for those seeking a convenient place to buy bread, milk, eggs and other essentials. Mud Bay Market, which opened in May …

Posted on 6 July 2015 | 7:20 pm

Foreign investors can’t ignore China’s crazy stock market

This is a very scary time to own Chinese stocks. The market has plunged over 25% and stomach-churning volatility has become routine. But if you take the long view, analysts say, China’s markets are too important for international investors to ignore.

Posted on 6 July 2015 | 7:20 pm

Paccar Stock Now Set to Drive Into the Fast Lane

Commercial truck maker Paccar has trailed the market in the past year. But its stock can pull ahead of the pack, says Macquarie Research, which initiated coverage Monday with an Outperform rating and $75 price target. “We like Paccar’s exposure to the …

Posted on 6 July 2015 | 7:18 pm

Facebook executive Sheryl Sandberg joins board of SurveyMonkey

SAN FRANCISCO (Reuters) – Facebook Inc’s Chief Operating Officer Sheryl Sandberg is taking a seat on the board of SurveyMonkey, company run by her late husband, Dave Goldberg. The online polling firm also appointed to its board David Ebersman, the chief …

Posted on 6 July 2015 | 7:17 pm

Austria Files Suit Against U.K. Subsidies for EDF Nuclear Plant

Austria filed a legal challenge against the decision by the European Commission to allow U.K. state subsidies for Electricite de France SA’s Hinkley Point atomic power plant. Austria submitted a suit to the European Union’s General Court, the office of …

Posted on 6 July 2015 | 7:13 pm

What will the RBA’s next move be?

The Reserve Bank of Australia (RBA) is set to meet on Tuesday against a backdrop of improving economic conditions at home but increased uncertainty abroad as Greece drama continues to unfold and concerns of a credit bubble in China linger. Taking into …

Posted on 6 July 2015 | 7:11 pm

Chevy uses bear, comic book geeks to fight F-150 in ads

Chevrolet is employing a 700-pound grizzly bear, a fake superhero and real NFL Hall-of-Famer Howie Long to take aim at Ford Motor Co.’s aluminum-bodied F-150. Three new YouTube videos poking fun at the F-150′s extensive use of aluminum insinuate — not so …

Posted on 6 July 2015 | 7:11 pm

Modesto poised to move forward on recycled-water project

Modesto is poised to take a big step Tuesday in its project to send highly treated wastewater to drought-stricken West Side farmers as soon as 2018, though the Turlock Irrigation District remains a staunch opponent over concerns of how the project will …

Posted on 6 July 2015 | 7:10 pm

UNC Charlotte grads’ wave-based water cleaner makes a splash in Paris

Their method generates energy from the ocean’s waves, not fossil fuels Turns out the ocean can produce drinkable water on its own – if you throw a pendulum, some filters and squirt-gun pumps onto the waves, as Chris Matthews and Justin Sonnett did for …

Posted on 6 July 2015 | 7:09 pm



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