Tuesday, September 30, 2014

Ray Lambrecht, Collector of Chevrolets, Is Dead at 96 by BRUCE WEBER



By BRUCE WEBER


Mr. Lambrecht, who sold hundreds, maybe thousands, of cars and trucks in his career, had an eccentricity or two built into his business plan.


Published: October 1, 2014 at 4:00AM


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Critical Time for Pimco, as Pensions Consider Removing Funds in Wake of Bill Gross Departure by MATTHEW GOLDSTEIN and LANDON THOMAS JR.



By MATTHEW GOLDSTEIN and LANDON THOMAS JR.


Pension consultants are now making recommendations about whether clients should keep or terminate their accounts with the bond giant, following the abrupt departure of Bill Gross.


Published: September 30, 2014 at 4:00AM


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Lawyer Tries to Paint a Fed in Discord in A.I.G. Bailout by AARON M. KESSLER



By AARON M. KESSLER


David Boies, the plaintiff’s star lawyer, sought to paint the rescue as one that was filled with second-guessing on the part of the government.


Published: September 30, 2014 at 4:00AM


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Even a Stand-Alone PayPal Has Far to Go to Topple the Old Payment Order by PETER EAVIS



By PETER EAVIS


The traditional payment system is cumbersome and expensive, but PayPal’s numbers suggest the old order is far from done.


Published: September 30, 2014 at 4:00AM


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‘Twilight’ Will Be Revived via Short Films on Facebook by BROOKS BARNES



By BROOKS BARNES


Five aspiring female directors will be chosen to make short films based on “Twilight” characters which will be shown exclusively on Facebook next year.


Published: October 1, 2014 at 4:00AM


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Oil and Railroad Industries Seek 7 Years for Retrofitting by THE ASSOCIATED PRESS



By THE ASSOCIATED PRESS


The two industries also want three more years to retrofit tank cars manufactured since 2011.


Published: October 1, 2014 at 4:00AM


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Walgreen Reports Loss of $239 Million for Quarter by THE ASSOCIATED PRESS



By THE ASSOCIATED PRESS


Executives said the company was dealing with lower reimbursement for prescriptions as well as rising prices for generic drugs.


Published: October 1, 2014 at 4:00AM


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Advertising Week: Marketers Are Urged to Become Fearless by STUART ELLIOTT



By STUART ELLIOTT


An executive of Mondelez International, which ran a spot featuring nontraditional families, said, “Being fearless is the only answer right now.”


Published: October 1, 2014 at 4:00AM


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In Trying to Save Darden, Its Board Sealed Its Own Demise by STEVEN DAVIDOFF SOLOMON



By STEVEN DAVIDOFF SOLOMON


Darden Restaurants directors have paid a steep price for refusing to give in to the demands of shareholder activists pushing for change, Steven Davidoff Solomon writes in the Deal Professor column.


Published: September 30, 2014 at 4:00AM


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Theater Chains Push Back Against Netflix Plan for ‘Crouching Tiger’ Sequel by EMILY STEEL



By EMILY STEEL


Regal Cinemas and Cinemark said Tuesday that they would not screen the sequel, which will debut simultaneously on Netflix and on some Imax screens.


Published: October 1, 2014 at 4:00AM


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2014 Nissan Armada Test Drive And Review: Sail On

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By Jason Fogelson, Contributor The 2014 Nissan Armada is one of the few remaining full-size body-on-frame SUVs still hitting showroom floors. Is the Armada sailing on inertia, or is it still a viable transportation option? …read more


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2014 Nissan Armada Sails On

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By Jason Fogelson, Contributor As the age of the full-size SUV disappears over the horizon, Nissan’s Armada continues to sail on. …read more


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High Yield Bond Prices See Largest Trading Slide In 15 Months

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By Matthew Fuller, Contributor The average bid of high-yield flow-name bonds dropped 68 bps in today’s reading, to 100.9% of par, yielding 6.94%, from 101.58, yielding 6.7%, on Sept. 25, according to LCD. It was a broad-based decline, with 13 of the constituents in the red, against two small gainers. This is a fresh 2014 [...] …read more


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Crowdfunding Authors’ Books Could Save Publishing

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By Jason Hesse, Contributor Book publishers continue to struggle with taking their business model online, but is the answer to crowdfund authors’ book ideas? Online publisher Unbound thinks so, successfully using the crowd to fund more than £1m worth of book projects. Dan Kieran, the CEO and a co-founder of Unbound, says he realised that the traditional publishing [...] …read more


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High Yield Bond Prices See Largest Trading Slide In 15 Months

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By Matthew Fuller The average bid of high-yield flow-name bonds dropped 68 bps in today’s reading, to 100.9% of par, yielding 6.94%, from 101.58, yielding 6.7%, on Sept. 25, according to LCD. It was a broad-based decline, with 13 of the constituents in the red, against two small gainers. …read more


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Crowdfunding Authors’ Books Could Save Publishing

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By Jason Hesse Book publishers continue to struggle with taking their business model online, but is the answer to crowdfund authors’ book ideas? Online publisher Unbound thinks so, successfully using the crowd to fund more than £1m worth of book projects. …read more


Source:: Hadi Aboukhater Forbes Entrepreneurship Feed


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Streamlining Restaurant Delivery While Boosting Wages And Safety

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By Anne Field Startup Homer Delivery has a platform automating and streamlining restaurant delivery–and improving the lives of the cyclists doing the deliveries. …read more


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Annual Security Expo Shows An Industry Evolving

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By Control Risks By Bill Daly …read more


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Becoming Financially Independent: Creating Extra Cash Flow

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By Alexandra Talty After highlighting habits that can make you a millionaire, today we are concentrating on ways to make extra money whether that be having a side job or staying flexible in the labor market. …read more


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Consumer Confidence Falls, Showing Uncertainty in Economy by REUTERS



By REUTERS


Another report showed that business activity growth in the Midwest decelerated slightly in September.


Published: October 1, 2014 at 4:00AM


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E.U. Inquiry Into Fiat Tax Deal Could Reverberate by JAMES KANTER and MARK SCOTT



By JAMES KANTER and MARK SCOTT


Rivals say Jean-Claude Juncker, incoming president of the European Commission, helped turn Luxembourg into a tax haven.


Published: October 1, 2014 at 4:00AM


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E.U. Inquiry Into Fiat Tax Deal Could Reverberate by JAMES KANTER and MARK SCOTT



By JAMES KANTER and MARK SCOTT


Rivals say Jean-Claude Juncker, incoming president of the European Commission, helped turn Luxembourg into a tax haven.


Published: October 1, 2014 at 4:00AM


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The Battle Against Herbalife by



By


The billionaire William A. Ackman has mounted a $1 billion wager against Herbalife, a giant diet supplements company.


Published: September 30, 2014 at 4:00AM


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F.C.C. Eliminates Its Sports Blackout Rule by EDWARD WYATT



By EDWARD WYATT


The N.F.L. argued that ending the rule would endanger the availability of games on free television, but the commission said that was unlikely.


Published: October 1, 2014 at 4:00AM


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Today in Small Business: Paper or Plastic? by GENE MARKS



By GENE MARKS


Mayor de Blasio plans to sign an executive order expanding New York City’s living wage law. Macy’s is hiring for the holidays. How to lose $1 million a month.


Published: September 30, 2014 at 4:00AM


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Piers Morgan to Become Editor at Large for Daily Mail Website by RAVI SOMAIYA



By RAVI SOMAIYA


The former tabloid editor and CNN host will write several times a week for the popular American website of the British newspaper.


Published: October 1, 2014 at 4:00AM


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Icahn Praises Breakup of eBay by MICHAEL J. DE LA MERCED



By MICHAEL J. DE LA MERCED


The activist investor said on Tuesday that it was “almost a ‘no brainer’” that eBay spin off PayPal, even if he couldn’t help but add that the decision came “a little later” than it should have.


Published: September 30, 2014 at 4:00AM


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Advocacy Groups Challenge Studios Over Smoking in Youth-Rated Movies by BROOKS BARNES



By BROOKS BARNES


Two faith-based groups will file shareholder resolutions with the parent companies of the six major studios to demand stronger studio controls on youth-rated movies that depict smoking.


Published: October 1, 2014 at 4:00AM


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New Federal Database Details Medical World’s Financial Links to Drugmakers by KATIE THOMAS



By KATIE THOMAS


The drug and device industry, as well as doctors, say the website’s technical problems and date inaccuracies limit its value to patients.


Published: October 1, 2014 at 4:00AM


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Wall Street’s Young Bankers Are Still Mostly White and Male by WILLIAM ALDEN



By WILLIAM ALDEN


Among this year’s class of first-year bankers, known on Wall Street as analysts, 77.5 percent are male, a report by Vettery said.


Published: September 30, 2014 at 4:00AM


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