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Newcrest Says Exploration License to be Reconsidered

Fox - News On Business - 1 hour 27 min ago
Australia's largest listed gold miner, Newcrest Mining Ltd. (NCM.AU), said an exploration license near one of its biggest mines is being reviewed by the state government after a court upheld objections from a small private explorer to it being renewed in full.
Categories: Business News

Long Wait for a Green Card Could Be Ending

NY Times - News On Business - 2 hours 18 min ago
Born overseas and educated in the United States, workers in the heart of the tech industry are in a kind of suspension as the Senate considers the immigration bill.    

Categories: Business News

Legal Experts Debate U.S. Retailers’ Risks of Signing Bangladesh Accord

NY Times - News On Business - 2 hours 30 min ago
The plan to assure safety in factories in Bangladesh, forged after a deadly fire, could put American retailers who use the factories at risk for litigation, some specialists say.    

Categories: Business News

DealBook: Lloyds and R.B.S. Detail Plans to Increase Capital Reserves

NY Times - News On Business - 2 hours 31 min ago
Two of Britain’s largest banks, Royal Bank of Scotland and the Lloyds Banking Group, outlined plans on Wednesday to increase their capital reserves.    
Categories: Business News

DealBook: In a Plus for Electrics, Tesla Repays a Big Federal Loan Early

NY Times - News On Business - 2 hours 52 min ago
The company, using money it raised last week in the markets, is repaying the government nine years before its loan was due.    
Categories: Business News

Blackstone, Prologis Acquire Industrial Portfolio

Fox - News On Business - 3 hours 34 sec ago
Blackstone Group LP (BX) and industrial landlord Prologis Inc. (PLD) agreed to acquire a warehouse portfolio that is majority owned by Lehman Brothers for $960 million, people familiar with the matter said Wednesday.
Categories: Business News

ICBC Promotes Vice President to President

Fox - News On Business - 3 hours 19 min ago
Industrial & Commercial Bank of China Ltd. (1398.HK), China's largest bank by assets, has appointed vice president Yi Huiman as president, replacing Yang Kaisheng who will retire.
Categories: Business News

Advertising: Mike’s, a Flavored Alcohol Brand, Tries to Widen Its Appeal

NY Times - News On Business - 3 hours 26 min ago
A new campaign suggests that Mike’s Hard Lemonade is a versatile drink for occasions beyond the backyard barbecue.    

Categories: Business News

Washington Memo: Torches and Pitchforks for I.R.S. but Cheers for Apple

NY Times - News On Business - 3 hours 50 min ago
While Wednesday’s I.R.S. hearing felt like an unforgiving, angry inquisition, senators seemed halfhearted in their desire to beat up on Apple, which has been accused of dodging taxes.    

Categories: Business News

DealBook: Dimon, After Winning Support, Moves to Mend Bank’s Fences

NY Times - News On Business - 4 hours 1 min ago
JPMorgan Chase is redoubling its efforts to move beyond a big trading loss following a resounding shareholder endorsement to keep Jamie Dimon as both chairman and chief of the bank.    
Categories: Business News

AEA Investors Hires Banks for CPG International Sale: Sources -Reuters

Fox - News On Business - 4 hours 18 min ago
Building products maker CPG International may be sold by its private equity owner, AEA Investors LP, for between $1 billion and $1.5 billion, the Reuters news agency said Wednesday on its website, citing three unnamed people familiar with the matter.
Categories: Business News

In China, Hacking Has Widespread Acceptance

NY Times - News On Business - 4 hours 29 min ago
Hacking in China is openly discussed and promoted, whether for breaking into private networks, tracking dissent or stealing trade secrets.    
Categories: Business News

ICBC, China's Largest Bank by Assets, Promotes Vice President to President

Fox - News On Business - 4 hours 31 min ago
Industrial & Commercial Bank of China Ltd. (1398.HK), China's largest bank by assets, has appointed vice president Yi Huiman as president, replacing Yang Kaisheng who will retire.
Categories: Business News

Ford to close Australia auto plants: reports

Fox - News On Business - 4 hours 54 min ago
Ford Motor Co is set to announce it is closing its two Australian auto plants and will cease production in the country by 2016 as it struggles with sliding sales, high costs and a strong Australian dollar, local media reported on Thursday.
Categories: Business News

Bucks Blog: Mortgage Relief Offered to Oklahoma Tornado Victims

NY Times - News On Business - 5 hours 7 min ago
The federal government has imposed a 90-day moratorium on foreclosures of homes with mortgages owned or backed by the Federal Housing Administration in areas devastated by this week’s tornado.    
Categories: Business News

Blackstone, Prologis Acquire Industrial Portfolio for $960 Million -Sources

Fox - News On Business - 5 hours 18 min ago
Blackstone Group LP (BX) and industrial landlord Prologis Inc. (PLD) agreed to acquire a warehouse portfolio that is majority owned by Lehman Brothers for $960 million, people familiar with the matter said Wednesday.
Categories: Business News

Borders gift card holders deserve nothing, judge rules

Fox - News On Business - 5 hours 26 min ago
Borders owes nothing to holders of roughly $210.
Categories: Business News

Randi Zuckerberg on Her Next Act

Inc. Magazine - 5 hours 52 min ago

The ex-Facebook executive and TV producer explains her plan to shake up the content business--and make her own mark on the Web.

The name Randi Zuckerberg might conjure visions of nepotism, but the Facebook founder's sister is doing her best to carve out her own space on the Web--and elsewhere.

Speaking with The Financial Times' Emily Steel Wednesday during the Internet Week conference, Zuckerberg spoke about everything from from curated content and distribution to what she playfully dubbed "tech-life balance."

When asked what compelled her to launch Zuckerberg Media, her latest foray into the online video space, Zuckerberg replied, "When I looked around at the landscape, I saw you have all these companies investing more in original content, but there were very few places for makers, for content creators."

The company, which she called her second start-up after newborn son Asher, is meant to function as a Hollywood studio for Web-produced films.

"The Bay Area has a great content history--Pixar, Lucas Film," she noted, but "getting data and insights is becoming more important to creating great content, and you have to know your audience."

It's a perspective that Zuckerberg surely picked up at Facebook, where she created and ran the social network's marketing campaigns. Specifically, she says, she got a good idea of "what a TV network built on social media might look like" when she "commandeered a broom closet" and started interviewing engineers right on the spot.

The Web series took off, and "the next day, Katy Perry called asking if she could announce her tour on Facebook Live," said Zuckerberg. Soon she was getting calls from other celebs--including President Barack Obama, who asked to host a town hall on Facebook. "That was the moment I thought, 'Someone else is going to do this. Why shouldn't it be me?'"

Flash forward three years, and Zuckerberg is busy trying to make her mark on the content business. She's been nominated for an Emmy for her 2010 coverage of the mid-term elections on Facebook Live. She produced a Bravo show called "Start-Ups: Silicon Valley," though it was panned by critics and cancelled after one season due to low viewership. Now, she says, she's on a mission to serve up quality, curated content that people will actually want to watch online.

"There is so much noise, there's so much content," she said. "You need to give someone that curator's stamp of approval," especially when it comes to TV. That medium "is still the main cultural driver of influence in this country and that stamp is important."

Recalling her experience producing "Start-Ups" she added, "You can't really just walk into a room in Hollywood and say, 'I make videos for the Web, pay attention to me!' Hollywood wants to see credibility."



Categories: Business News

Existing Home Sales at Highest Level in 3 Years

NY Times - News On Business - 6 hours 2 min ago
The price surge in home resales gave the economy a buffer from the belt-tightening in Washington.    

Categories: Business News

Ryan Ferrier: Everything Comes Down to Customer Feedback

Inc. Magazine - 6 hours 3 min ago

Follow the three Ts to launch better products, says Ryan Ferrier, co-founder of the 60 Day MBA program.

Launching an imperfect product is an entrepreneur's worst nightmare. But by taking the time to perfect it prior to launch, entrepreneurs might be missing out on valuable feedback from customers, says Ryan Ferrier, co-founder of the program 60 Day MBA.

Ferrier and his partner Dave Llorens created 60 Day MBA to help aspiring entrepreneurs learn by doing. For students, that doesn't mean writing a step-by-step plan or designing a flawless product but coming up with an idea and taking it right to the consumer.

"Don’t plan forever and build the perfect machine," Ferrier said in a recent interview with Smart Planet. "Listen to customers, all good comes from that."

At the core of his curriculum are the three Ts:

Talk to the customer.

Translate what you’ve learned into an offering.

Try it out.

By incorporating customers' feedback into product development and their business model, entrepreneurs can launch a successful business.



Categories: Business News