When Eduardo Saverin was 13, his family discovered that his name had turned up on a list of victims to be kidnapped by Brazilian gangs. Saverin’s father was a wealthy businessman in São Paulo, and it was inevitable that he’d attract this kind of unwanted attention. Now the family had to make a permanent decision. [...]
Archive for the ‘Business And Finance News’ Category
Trying To Look Like Her? Shape Ups Likely Won’t Help
WASHINGTON (AP) — The government wants you to know that simply sporting a pair of Skechers’ fitness shoes is not going to get you Kim Kardashian’s curves or Brooke Burke’s toned tush. Skechers USA Inc. will pay $40 million to settle charges by the Federal Trade Commission that the footwear company made unfounded claims that [...]
Sandy Abrams: Mompreneurs: Daily Cues to Stick to Goals
Some people know what their calling is at a very young age and that passion just sticks with them for life. Nancy Shapiro was born to teach. Now, she’s turned that gift of helping others into a business called Cue Sticks®. Through Cue Sticks, Nancy teaches the power of positive thinking. Cue Sticks are daily [...]
Facebook’s First Backers Feel The Love As IPO Approaches
(By Sarah McBride – Reuters) – For the handful of venture capitalists who backed Facebook (FB.O) in its early days, a huge financial payoff is not the only thing they may be celebrating when the company goes public later this week. In a business in which the best investment opportunities flow to a small number [...]
‘Seeking Loopholes’ In Water Protection?
ALBANY, N.Y. (AP) — With all the restrictions in proposed state regulations and local bans, gas companies say about half of their lease holdings in the lucrative Marcellus Shale region in New York state will be off-limits or inaccessible to drilling if the state gives the green light to developers this year. A coalition of [...]

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