Archive for December, 2014

A Reversal for InDinero, a Once-Struggling Accounting Software Start-Up by ADRIANA GARDELLA

Wednesday, December 31st, 2014

By ADRIANA GARDELLA In 2012, InDinero had spent nearly all of the $1.2 million it had raised from investors. Today, it has just under $3 million in annual sales. Published: January 1, 2015 at 01:00PM from NYT Business Day http://ift.tt/1rzEZwS via IFTTT

Fosun of China in U.S. Insurance Deal by DEALBOOK

Wednesday, December 31st, 2014

By DEALBOOK The Chinese company has agreed to acquire the Meadowbrook Insurance Group of Southfield, Mich., for $433 million in cash. Published: December 31, 2014 at 01:00PM from NYT Business Day http://ift.tt/1tAyTOj via IFTTT

Wall St. Edges Higher as Trading Year Winds Down by THE ASSOCIATED PRESS

Wednesday, December 31st, 2014

By THE ASSOCIATED PRESS Chinese markets jumped earlier, with investors hoping for government intervention because of gloomy economic data. Published: January 1, 2015 at 01:00PM from NYT Business Day http://ift.tt/1rzDChV via IFTTT

K.K.R. Sells Last of Alliance Boots Stake by DEALBOOK

Wednesday, December 31st, 2014

By DEALBOOK The private equity giant, which took the British chain private in Europe’s largest buyout, will now hold 4.6 percent of the combined Walgreens Boots Alliance. Published: December 31, 2014 at 01:00PM from NYT Business Day http://dealbook.nytimes.com/2014/12/31/k-k-r-sells-last-of-alliance-boots-stake/ via IFTTT

Huge Ski Resort for the Rich Is Bouncing Back by SARAH MAX

Wednesday, December 31st, 2014

By SARAH MAX Today, six years after its bankruptcy, the Yellowstone Club is thriving. Published: December 31, 2014 at 01:00PM from NYT Business Day http://dealbook.nytimes.com/2014/12/31/huge-ski-resort-for-the-rich-is-bouncing-back/ via IFTTT

Snapchat Plans a Global View of New Year’s Festivities by EMILY STEEL

Wednesday, December 31st, 2014

By EMILY STEEL A team of curators for the app, whose messages are meant to disappear, will stitch together photos and videos from users at celebrations in cities around the world to create a documentarylike presentation. Published: December 31, 2014 at 01:00PM from NYT Business Day http://www.nytimes.com/2014/12/31/business/media/31snapchat.html via IFTTT

White Castle to Offer Vegetarian Slider for 99¢ by THE ASSOCIATED PRESS

Wednesday, December 31st, 2014

By THE ASSOCIATED PRESS The fast-food chain, known for its tiny hamburgers, said that it was committed to “keeping up with changing tastes.” Published: December 31, 2014 at 01:00PM from NYT Business Day http://www.nytimes.com/2014/12/31/business/white-castle-to-offer-vegetarian-slider-for-99.html via IFTTT

Harold Hamm Will Appeal $1 Billion Divorce Award by REUTERS

Wednesday, December 31st, 2014

By REUTERS The appeal by the oil magnate, and an earlier one by his ex-wife, Sue Ann Arnall, will be heard by the Oklahoma Supreme Court. Published: December 31, 2014 at 01:00PM from NYT Business Day http://www.nytimes.com/2014/12/31/business/harold-hamm-will-appeal-1-billion-divorce-award.html via IFTTT

China Dealers Bear Brunt as Car Sales Growth Falls by REUTERS

Wednesday, December 31st, 2014

By REUTERS Automakers largely stuck to targets in 2014, but dealers were forced to slash prices and booked losses as sales growth fell to half of the previous year’s 14 percent. Published: December 31, 2014 at 01:00PM from NYT Business Day http://www.nytimes.com/2014/12/31/business/china-dealers-bear-brunt-as-car-sales-growth-falls.html via IFTTT

Sorghum Exporters Have Best Week in 20 Years by REUTERS

Wednesday, December 31st, 2014

By REUTERS Chinese demand for cheap animal feed helped fuel the best week of grain sorghum sales for exporters in the United States in nearly two decades. Published: December 31, 2014 at 01:00PM from NYT Business Day http://www.nytimes.com/2014/12/31/business/sorghum-exporters-have-best-week-in-20-years.html via IFTTT