Oct 18, 2012

Google Alert - Business

News27 new results for Business
 
Nokia Loss Widens as Its Smartphone Sales Plummet
New York Times
BERLIN — Nokia said on Thursday that its third-quarter loss widened to 969 million euros ($1.27 billion), citing sharply declining sales of its smartphones as customers await the introduction of a generation of handsets running a newer version of the Windows ...
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BP says gulf oil sheen not from a fresh leak
Washington Post
Carol Guzy/THE WASHINGTON POST - Oil surrounds a surfacing Portuguese man-of-war in the waters near South Pass, La. The Deepwater Horizon spill has taken an emotional toll on many people, with some describing the damage in the Gulf of Mexico as ...
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Greg Smith's Memoir Offers Few New Details on Goldman
New York Times
For several months, Goldman Sachs had been worried about what confidential details might come out in a memoir by Greg Smith, a former midlevel executive and trader who worked at the firm for a decade. While the book does repeat the allegations he first ...
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New York Times
Chinese auto parts maker vows to top Johnson deal for A123
Reuters
WILMINGTON, Delaware (Reuters) - A lawyer for Chinese auto parts maker Wanxiang Group Corp said on Thursday it plans to make a superior bid for the battery business of A123 Systems than what a U.S. company has offered. Wanxiang intends to bid at ...
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Advanced Micro Devices Posts a Loss and Plans Layoffs
New York Times
SAN FRANCISCO (Reuters) — Advanced Micro Devices said on Thursday that it would cut its work force of nearly 12,000 by 15 percent, its second round of layoffs in less than a year, as it struggles with a weak global economy and a consumer shift toward ...
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Stent Maker Posts Loss As Sales Decline
New York Times
The medical device maker Boston Scientific reported a quarterly loss on Thursday because of charges and lower sales in its two largest businesses. It warned of continued weakness in the fourth quarter, when sales usually have a seasonal increase.
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Actavis forecasts 2012 sales in excess of 2 billion euros
Reuters
FRANKFURT (Reuters) - Actavis, the Swiss generic drugmaker that Watson Pharmaceuticals is taking over, said revenue would rise to more than 2 billion euros ($2.6 billion) this year, driven by patent expiries in Europe and strong demand in the United States ...
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California's Gas Price: Is There a Villain?
Wall Street Journal
What's the lesson learned from California's recent spike in gasoline prices, which is costing consumers millions of dollars and prompting calls for an investigation? Probably nothing more villainous than this: In the world of tight supply-chain management, ...
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Wall Street Journal
NY reviews higher energy costs after de-regulation
Wall Street Journal
Associated Press. ALBANY, N.Y. — State regulators are launching a review after initial findings show many New Yorkers who took advantage of initial discounts to sign up with independent, retail energy providers are paying more for electricity and natural gas ...
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Ally Financial latest US bank to face cyber attacks
Reuters
(Reuters) - Ally Financial Inc on Thursday became the latest U.S. financial institution to face cyber attacks that may stem from hackers in Iran. Bank of America Corp (BAC.N), Wells Fargo & Co (WFC.N) and other banks in recent weeks have suffered so-called ...
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US Unemployment Aid Applications Rise to 388K, Technical Factors to Blame
Fox News
Weekly applications for U.S. unemployment benefits reached 46,000 last week, to a seasonally adjusted 388,000 --the highest in four months. This increase is a rebound from the previous week, which experienced a sharp drop. Both swings are due to ...
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China's Stocks Swing Between Gains, Losses; Yanghe Advances
Bloomberg
China's stocks swung between gains and losses as overseas investment dropped and a Chinese central bank adviser said the government won't provide big stimulus after data yesterday signaled the economy may be picking up. A report today showed ...
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Russian Oil Company Said to Be Near Deal With BP
New York Times (blog)
7:39 p.m. | Updated. LONDON — The Russian state-owned oil company Rosneft on Thursday moved nearer a deal to buy a 50 percent stake in TNK-BP, Russia's third-largest oil company, from the British energy giant BP, a person with direct knowledge of the ...
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New York Times (blog)
Oil May Test $100 by Year-End as Global Recovery Strengthens
CNBC.com
Benchmark oil prices will likely gain next week after data showed the U.S. housing market recovery is accelerating and China's economy displayed signs of stabilizing after its worst slump since the global financial crisis, according to CNBC's latest survey of oil ...
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CNBC.com
Retailers vow not to get snared in showrooming's web this holiday season
Chicago Tribune
A man shops at a Best Buy store in New York. The retailer announced this week that it would match online competitors' prices for a limited time this holiday season. (Spencer Platt, Getty Images / August 21, 2012) ...
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Chicago Tribune
GM to absorb 3000 HP workers
San Francisco Chronicle
AUTOMAKERS. GM to absorb HP workers. General Motors Co., seeking to increase its internal information technology abilities, said it agreed to absorb 3,000 Hewlett-Packard Co. workers performing duties for the automaker and make them GM employees.
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San Francisco Chronicle
Abbott Says Study of Kidney-Disease Drug Is Stopped
Wall Street Journal
By PETER LOFTUS And CHRISTOPHER WEAVER · Abbott Laboratories said a clinical trial had been halted because of a high death rate among patients taking an experimental kidney-disease treatment, the latest in a string of setbacks as the health-care ...
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Wall Street Journal
Marvell Technology Cuts Q3 Revenue View, CFO Resigns, Shares Fall
NASDAQ
Marvell Technology Cuts Q3 Revenue View, CFO Resigns, Shares Fall. (RTTNews.com) - Chip maker Marvell Technology Group Ltd. (MRVL), Thursday lowered its revenue outlook for the third quarter, hurt by the "continued slowdown in global economy.
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Clearwire Is Sought by Sprint for Spectrum
New York Times
Sprint Nextel has moved to protect one of its most valuable assets — access to a big chunk of spectrum — just as it is preparing to become a more aggressive force in wireless, with the backing of SoftBank of Japan. The company, the No. 3 cellphone provider ...
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New York Times
Southwest Flies Level in 3Q
DailyFinance
Ask any major air carrier, and they'll sing the same song -- it's hard to make a buck in the sky, especially now. Airlines have high costs, labor relations that often get volatile and, these days, stubbornly high fuel prices. So it's commendable whenever any ...
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Blackstone Group returns to profit in 3Q
NBCNews.com
NEW YORK — Blackstone Group LP said Thursday that it returned to a profit in the third quarter as fees jumped. Last year, the stock market downturn siphoned revenue from the private-equity giant. A stock market rebound since last summer has helped boost ...
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Newsweek to end print publication at year's end
Washington Post
Newsweek, the iconic newsweekly that for 80 years helped frame the nation's major political, economic and social debates, will end its print publication at the end of the year — the latest and perhaps most prominent casualty of the collapse in print advertising ...
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BlackRock Expands Fund Lineup
Morningstar.com
The first, a multiasset real return fund, will be managed by Philip Green, Michael Fredericks, Lutz-Peter Wilke, and Justin Christofel. The fund will invest in Treasury Inflation-Protected Securities, equities, REITs, commodity-related companies, master limited ...
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ICE busts prolific dinosaur fossil smuggler
Government Security News
In another unusual case that sometimes crop up during ICE's smuggling enforcement duties, the agency has arrested a Florida man for illegally importing dinosaur fossils from China and Mongolia that could be worth millions. U.S. Immigration and Customs ...
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US Post Office Walking Tight Rope … With No Net
Texas Insider
Lame Duck, "Fiscal Cliff" & Postal Service hits its borrowing limit. Texas Insider Report: WASHINGTON, D.C. – For now, the U.S. Postal Service (USPS) is humming along in the 1st Quarter of its fiscal year, traditionally its best one thanks to holiday mailing and, ...
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Texas Insider
Marcellus Gas Wells Likely Harming Public Health: Survey
Bloomberg
A drilling rig in Chartiers Township, Washington County, Pennsylvania. Fracking has been linked to groundwater contamination in Pennsylvania, high ozone levels in Wyoming and now to health impacts for people living close to wells. Photographer: Andrew ...
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Morgan Stanley Revamp Tests Investors' Patience
Wall Street Journal
By AARON LUCCHETTI · Morgan Stanley posted a $1 billion third-quarter loss thanks to an accounting charge, and the company's shares tumbled after modest growth in its retail brokerage failed to quell concerns that the firm's turnaround is moving too ...
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Wall Street Journal

Blogs12 new results for Business
 
Here's Why Google's Stock Tanked [ANALYSIS] - Business Insider
By Henry Blodget
Small miss at Google, big miss at the dying elephant known as Motorola.
SAI
Second Circuit Strikes Down Doma - Business Insider
By Erin Fuchs
The U.S. Court of Appeals for the Second Circuit on Thursday found the Defense of Marriage Act violates the right to equal protection guaranteed by the Constitution. DOMA defines marriage as between a man and a woman and says states ...
Business Insider
Gallup Poll: Presidential Matchup: Oct. 18 - Business Insider
By Joe Weisenthal
Mitt Romney widened his lead over President Barack Obama to seven points today, giving the Republican challenger his biggest lead yet in the poll and putting him well outside the margin of error. The seven-day tracking poll of likely voters ...
Money Game
CNBC: Google Has Been Calling Analysts - Business Insider
By Jay Yarow
Based on a report that aired on CNBC a few moments ago, there may be a bigger scandal with Google earnings than their accidental premature release. CNBC's Jon Fortt reported that, according to conversations he's had with people in the ...
Clusterstock
Newsweek Is Abandoning Print - Business Insider
By Nicholas Carlson
"The last print edition in the U.S. will be our December 31st issue."
Business Insider
Google's $8 Billion Mobile Business Comes With Caveats - AllThingsD
By Peter Kafka
The first news nugget from Google's earnings call today: The company says it's now on pace to generate $8 billion a year from mobile, up from $2.5 billion a year ago. Big jump! But there's a catch: Last year's number was solely from mobile ...
AllThingsD
Fox Business Turns Five - TVNewser
By Alex Weprin
Five years ago this week, Fox Business Network launched in some 30 million homes, and with a big party at the Met. We thought it was time to take a look back. Today, the channel is in nearly 60 million homes (although on digital tiers outside ...
TVNewser
Carbonite expands its business cloud service with ... - The Next Web
By Matt Brian
Carbonite has acquired open source cloud backup provider Zmanda, expanding its focus into servers and databases.
The Next Web
Romney Encouraged Business Owners to Instruct Employees on ...
By David Dayen
Every four years we get a trickle of stories about workplace intimidation over the election.
Firedoglake
New Site Promises 'October Surprise' - Business Insider
By Grace Wyler
A mysterious new microsite promising an "October Surprise" for the presidential race popped up online this week, and is promising to release damning documents related to one of the two candidates. So far, we don't know much about the site, ...
Business Insider
GM to hire 3000 Hewlett-Packard workers as part of IT insourcing plan
Detroit and Southeast Michigan's premier business news and information website. Advanced Search: Detroit Business» · Home · Subscription Center · E-Newsletters · RSS · Facebook · LinkedIn · Twitter · Advertise · How to Get Your News in ...
Crain's Detroit Business - News Feeds
Kim Han-sol Gives TV Interview - Business Insider
By Adam Taylor
Last year it was discovered that Kim Han-sol, the 16-year-old grandson of the late North Korean leader Kim Jong Il, was now a student in Bosnia — and that he had left a remarkably large internet footprint. Kim's father is Kim Jong-nam, the ...
Business Insider

Web6 new results for Business
 
small dogs / big dogs : Business people: Good guys vs. Bad guys
Business people: Good guys vs. Bad guys "You definitely want to talk to him, he's a really good guy." I hear this regularly when I get a reference to talk to ...
smalldogsbigdogs.tumblr.com/.../business-people-good-guys-...
Patton Boggs, Mayer Brown, Clifford: Business of Law - Bloomberg
Two former Patton Boggs LLP partners, Todd R. Harrison, former chief counsel for oversight and investigations for the Energy and Commerce Committee in the ...
www.bloomberg.com/.../patton-boggs-mayer-brown-clifford-...
Business - The Boston Globe
Government has a bad record as a venture investor. This week's bankruptcy filing by A123 Systems Inc., the Waltham battery company that won more than $130 ...
bostonglobe.com/business/2012/10/18/...sad.../story.html
Can I write off expenses for a business that I am IN THE PROCESS ...
I have not actually filed papers with the city/state, or obtained an EIN number ... but I am in the process of buying equipment, etc. and preparing a web site, etc.
answers.yahoo.com/question/index?qid...
Caution in a risky business: VC investment drops 12% amid IPO chill ...
America's storied risk-takers are feeling the heat: Venture capital (VC) investment fell 11.6% in the US last quarter as firms found it harder to raise money to ...
qz.com/.../caution-in-a-risky-business-vc-investment-drops-12...
Keep the Spark Alive in Your Business Relationships - CRM Magazine
Purchase behavior insights are key to customer retention.
www.destinationcrm.com/.../Keep-the-Spark-Alive-in-Your-B...


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