Post Tagged with: "Business News"

Warren Buffett Compares Debt Ceiling Politics To Nuclear Bomb

October 7, 2013 6:48 PM0 comments
Warren Buffett Compares Debt Ceiling Politics To Nuclear Bomb

Republican leaders’ debt ceiling politics are a weapon of mass destruction of a different sort, according to Warren Buffett. The billionaire investor told Fortune in an interview Friday that “it makes absolutely no sense” for politicians to use the debt ceiling as a threat to get their way on other […]

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Banks Stockpile Cash For Government Default They Say Won’t Happen

October 4, 2013 10:54 AM0 comments
Banks Stockpile Cash For Government Default They Say Won’t Happen

USA – Banks are totally not worried about the U.S. government defaulting, sparking a nightmarish financial panic. Yes, they’re stocking extra cash in ATMs to satisfy cash-hungry zombie hordes. But they’re sure they won’t need it! Bank executives are adding 20 to 30 percent more cash to their ATMs and […]

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Banks Keep Breaking Into Houses, And Homeowners Are Fighting Back

October 3, 2013 8:02 PM0 comments
Banks Keep Breaking Into Houses, And Homeowners Are Fighting Back

Every day in neighborhoods across the country, low-paid workers with little oversight or training decide whether to break into someone else’s home. They are independent contractors working indirectly for banks, including Wells Fargo, JPMorgan Chase and Bank of America. Mortgage agreements give these banks the right to enter abandoned properties, […]

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eMediaWorld – Millions Visit Obamacare Exchanges On Launch Day As Glitches Persist

October 1, 2013 3:46 PM0 comments
eMediaWorld – Millions Visit Obamacare Exchanges On Launch Day As Glitches Persist

On the first day Americans could shop for health coverage on Obamacare’s new health insurance exchanges, 2.8 million people visited the federal government’s HealthCare.gov — as President Barack Obama’s administration feverishly scrambled to fix glitches that prevented users from signing on. But technical errors persisted, even as the administration touted […]

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This May Be The Coolest Way Ever To Quit Your Job

3:01 PM0 comments
This May Be The Coolest Way Ever To Quit Your Job

Now this is exactly what it looks like to go out with a bang. On Saturday, writer Marina Shifrin uploaded an epic video onto YouTube with one simple message for her boss: she quits. Shifrin, 25, previously worked at Next Media Animation, a Taiwanese animator. In the video, she dances […]

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S&P to DELAY fire on US credit downgrade-for now

September 30, 2013 1:18 PM0 comments
S&P to DELAY fire on US credit downgrade-for now

WASHINGTON – The U.S. debt ceiling debate is unlikely to change Standard & Poor’s AA U.S. sovereign rating, the credit ratings agency said Monday, lowering the probability of a repeat performance of the 2011 downgrade drama that paralyzed markets. In a controversial move two years ago, the impasse between the […]

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Stocks (NASDAQ,AMEX,NYSE,OTC) Tumble As Government Shutdown Nears

9:46 AM0 comments
Stocks (NASDAQ,AMEX,NYSE,OTC) Tumble As Government Shutdown Nears

NEW YORK — Stocks sank Monday as Wall Street worried that a budget fight in Washington could lead to something much worse for the economy_ a failure to raise the nation’s borrowing limit. It has become all but certain that the federal government will partially shut down for the first […]

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eMediaWorld.com Reports Colorado Marijuana Industry Gets $1 Million From Investor Group

September 27, 2013 8:41 PM0 comments
eMediaWorld.com Reports Colorado Marijuana Industry Gets $1 Million From Investor Group

COLORADO – Investors looking for high returns took to Colorado this week and poured more than $1 million into the burgeoning legalized recreational marijuana industry in the state. In Denver, more than 60 investors from The ArcView Group met with 22 startup marijuana companies — including several directly involved in […]

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eMediaWorld.com Reports Most People Don’t Know Obamacare Sign-Up Starts Next Month

8:21 PM0 comments
eMediaWorld.com Reports Most People Don’t Know Obamacare Sign-Up Starts Next Month

Shortly before the debut of the biggest element of President Barack Obama’s health care reform law, nearly two-thirds of Americans — and almost three-quarters of the uninsured — still don’t know what’s coming, according to a poll released Saturday. Obamacare’s health insurance exchanges, the online marketplaces in every state for […]

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eMediaWorld.com Reports $400 Million Winning Powerball Ticket Sold In South Carolina

September 25, 2013 9:11 PM0 comments
eMediaWorld.com Reports $400 Million Winning Powerball Ticket Sold In South Carolina

COLUMBIA, S.C. — Officials with the South Carolina Education Lottery say a $400 million winning ticket in the latest Powerball drawing was sold in Lexington in central South Carolina. Lottery officials said early Thursday that the ticket was sold at the Murphy USA station. The winning numbers drawn Wednesday night […]

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