Dec 21, 2012

Google Alert - Business

News28 new results for Business
 
Stock futures tumble, tax bill failure may make deal unlikely
Reuters
By Ryan Vlastelica. NEW YORK | Fri Dec 21, 2012 7:23am EST. NEW YORK (Reuters) - Stock futures were sharply lower on Friday, dropping more than 1 percent after a Republican proposal for averting the "fiscal cliff" failed to pass, further eroding optimism ...
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UK lawmakers urge tougher banking reform
CNN
UK lawmakers urge tougher banking reform. By Mark Thompson @CNNMoney December 21, 2012: 7:59 AM ET. Government plans to ring-fence British banks' retail operations in order to protect assets from riskier investment activities. LONDON (CNNMoney) ...
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RIM pays up to license Nokia patents
CNNMoney
Blackberry-maker Research in Motion will make continuing payments to handset maker Nokia to settle a patent dispute, the Finnish company said Friday. Nokia did not disclose the financial terms but said the new patent license agreement would settle all ...
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TEXT-Fitch affirms Eurasian Development Bank at 'BBB', stable outlook
Reuters
Fri Dec 21, 2012 7:38am EST. (The following statement was released by the rating agency). Dec 21 - Fitch Ratings has affirmed the Eurasian Development Bank's (EDB) Long-term Issuer Default Rating (IDR) at 'BBB' and revised the Outlook to Stable from ...
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U.S. Stock Futures Drop as House Republicans Cancel Vote
Bloomberg
U.S. stock-index futures declined, indicating the Standard & Poor's 500 Index will fall, after House Republican leaders canceled a planned vote on higher taxes for top earners, sending budget talks deeper into turmoil. Bank of America Inc. slipped 2.6 percent ...
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Millions Face a Hit if Fix for Minimum Tax Fails to Pass
Wall Street Journal
Buried within the mass of tax and spending provisions known as the fiscal cliff is a problem that could cause grief for taxpayers and the Internal Revenue Service. It is the alternative minimum tax, a provision adopted in the 1960s to make sure the very ...
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Natural Gas Futures May Advance as Winter Chill Boosts Demand
Bloomberg
Natural gas may climb next week as forecasts show below-normal temperatures that would boost demand for the heating fuel, a Bloomberg survey showed. Eight of 14 analysts, or 57 percent, said futures will rise on the New York Mercantile Exchange through ...
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Boehner swings and misses
Washington Post (blog)
It's hard to overestimate the significance of what happened — or, more accurately, didn't happen — on the House floor Thursday night. Roughly 24 hours after publicly pledging that the House would pass a bill that would extend the current tax rates for all but ...
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Winnebago to raise output after strong demand boosts first-quarter
Reuters
Fri Dec 21, 2012 7:14am EST. (Reuters) - Winnebago Industries Inc (WGO.N), the largest U.S. motor home maker, said it plans to increase its production in the current quarter to meet the high demand that also helped it report stronger-than-expected ...
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Sale seals future of historic Frank Lloyd Wright home
USA TODAY
A deal has closed on the sale of a Frank Lloyd Wright-designed house in east Phoenix by a buyer who intends to guarantee its preservation, ending months of controversy involving the property. (The Arizona Republic) (Photo: The Arizona Republic) ...
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Pinnacle Entertainment to buy Ameristar Casinos for about $869 million
Reuters
Fri Dec 21, 2012 7:50am EST. (Reuters) - Casino operator Pinnacle Entertainment Inc (PNK.N) will acquire Ameristar Casinos Inc (ASCA.O) for about $869 million to expand mainly in the U.S. Midwest and South. Pinnacle said it would pay $26.50 per share in ...
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Aviva Sells US Life Business to Apollo for $1.8 Billion
Businessweek
Aviva Plc (AV/), the U.K.'s second-biggest insurer by market value, agreed to sell its U.S. life unit for $1.8 billion to a division of Leon Black's Apollo Global Management LLC to increase its financial strength. Aviva will receive $1.55 billion of cash from the sale ...
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GE to Buy Avio's Aviation Parts Business for $4.3 Billion
Businessweek
General Electric Co. (GE), the biggest maker of jet engines, agreed to buy the aerospace-parts business of Avio SpA for $4.3 billion, tightening control over its supply chain as planemakers boost output. The purchase from Cinven Ltd. and Finmeccanica (FNC) ...
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HK Shares End Down on Fiscal Cliff Woes; China Machinery Jumps 16.7%
Wall Street Journal
HONG KONG--Hong Kong shares ended Friday lower, tracking weakness in regional bourses on renewed concerns over the U.S. fiscal cliff. The blue-chip Hang Seng Index fell 153.49 points, or 0.7%, to 22,506.29. Market volume totaled 62.03 billion Hong ...
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Debt Crisis: Cyprus rating slashed as EU rules out debt haircut - live
Telegraph.co.uk
... Comments. • German paper picks Greek PM as politician of the year • Sweden slashes economic forecast • UK economic growth revised down to 0.9pc • Cyprus credit rating slashed as EU warns 'no debt haircut' • Eurozone entry cooling among EU's ...
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Telegraph.co.uk
Tanker Carrying Bakken Crude to Canadian Refinery Runs Aground
Bloomberg
The first oil tanker carrying Bakken crude to Irving Oil Corp.'s refinery in Canada from Albany, New York, ran aground yesterday in the Hudson River, delaying the first of what is expected to be many voyages on the route. No oil spilled from the Stena Primorsk, ...
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Exchange Merger Mania Is Just That: Street Whispers
TheStreet.com
NEW YORK (TheStreet) -- IntercontinentalExchange (ICE)'s announcement Thursday that it would acquire NYSE Group (NYX) sparked strong moves in the three other public-traded US exchanges, though the scenario implied by those moves invites a great ...
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ArcelorMittal cuts $4.3bn from value of Europe business
BBC News
Steel giant ArcelorMittal is to write down the value of its European business by about $4.3bn (£2.6bn) because of the economic downturn on the continent. The world's largest steelmaker said steel demand in Europe had fallen by 8% this year, and by about ...
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BBC News
BAE secures £2.5bn jet deal with Oman
Telegraph.co.uk
Under the contract, the FTSE 100 defence giant said that it would supply 12 Typhoon and eight Hawk aircraft to the Middle Eastern state, with deliveries expected to start in 2017. BAE will also provide in-service support to the Royal Air Force of Oman.
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Telegraph.co.uk
UK economic growth revised down for third quarter 2012
The Guardian
There was bad news for chancellor George Osborne as official figures showed growth in the UK economy was slower than initially thought in the third quarter, along with a deterioration in public finances last month. The Office for National Statistics had said ...
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The Guardian
AP PHOTOS: A Photo Journey Through North Korea
ABC News
My window on North Korea is sometimes, quite literally, a window — of a hotel room, the backseat of a car, a train. Fleeting moments of daily life present themselves suddenly, and they are opportunities to show a side of the country that is entirely at odds with ...
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ABC News
FlexShares Rolls Out 3 Dividend ETFs
Business Insider
Markets continue to swing up with the holiday spending rush, even as a cloud of doubt that is the 'fiscal cliff' surrounds trading. As many companies have planned last minute dividends and payouts to decrease their own tax liability, FlexShares is rolling out ...
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KB Home plans new residential community in Fuquay-Varina
Bizjournals.com
One of the country's largest home-builders, KB Home (NYSE: KBH) is getting ready to build a new community called Lakestone Village in Fuquay Varina. The home-builder bought 65 lots for about $1.07 million in October, according to Wake County records.
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All we want for Christmas is our gifts on time!
FederalNewsRadio.com
FILE - In this Dec. 11, 2012 file photo, FedEx workers sort packages at the Oakland Regional Sort Facility in Oakland, Calif. A storm bringing heavy winds and snow to much of the Midwest on Thursday, Dec. 20 — the heaviest shipping day of the year — could ...
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FederalNewsRadio.com
How much Adobe pay for Behance?
GigaOM
Earlier this morning, Adobe Systems, the San Jose-based creative software giant announced that it was buying New York City-based design-oriented community, Behance. Since then, many have been wondering how much did Adobe shell out? Now we have ...
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US drought has tight hold, snow not seen as big help
Reuters
Thu Dec 20, 2012 12:22pm EST. By Carey Gillam Dec 20 (Reuters) - A snow storm moving through the Plains states into the U.S. Midwest brought much-needed moisture to drought-hit states, but drought has such a tight grip on the central U.S. that more ...
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Discover Financial Services 4Q net income rises
Huffington Post
LOS ANGELES — Discover Financial Services on Thursday reported higher earnings for its fiscal fourth quarter, as users of its namesake credit card stepped up purchases and the company wrote off fewer unpaid balances. Even so, the Riverwoods, Ill.-based ...
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Amid Protests, Vermont Gas Files For Permit To Build Pipeline
Vermont Public Radio
As the demand for natural gas continues to grow, companies that sell the fuel are hoping to expand. South Burlington-based Vermont Gas Systems currently serves areas of Chittenden and Franklin counties. Now the utility wants to provide service to points ...
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Vermont Public Radio

Blogs13 new results for Business
 
The Most Important Charts Of 2012 - Business Insider
By Matthew Boesler
Business Insider reached out to its favorite analysts, economists, and traders to get their most important charts of 2012. The responses we received vary dramatically, and the insights are revealing. All of the big stories of the year are here: the ...
Clusterstock
Kim Kardashian Quitting Instagram - Business Insider
By Aly Weisman
Kim Kardashian is likely leaving leaving Instagram for a rival app if terms of service aren't updated by Jan.16. With 5,731,011 followers and counting, Kim Kardashian is the most-followed user on Instagram. But with everyone, especially ...
Business Insider
Facebook Paid Messages - Business Insider
By Steve Kovach
Facebook is for connecting with friends, not strangers.
Business Insider
LEAKED: The Official Name Of The Next ... - Business Insider
By Steve Kovach
RIM's next BlackBerry phone will be called the BlackBerry Z10, according to a leaked ad obtained by Unwired View. This will be the first BlackBerry to run RIM's new mobile operating system, BlackBerry 10. RIM will formally unveil the new ...
Business Insider
Post-White House, Business Is Good For Kal Penn - Deadline.com
By MIKE FLEMING JR.
EXCLUSIVE: After taking a risk and putting his career on hold for two years and having his character killed on House so he could work in the Obama White Ho.
Deadline.com
North Korea's First Video Game - Business Insider
By Gus Lubin
North Korea's first-ever video game (according to Shanghaiist) let's you drive through a virtual Pyongyang. The game is produced by Nosotek, a western IT company based in North Korea, and you can play it for free on the website of Koryo ...
The Life
Rock your business hard, get paid - Fortune Features
By Tom Ziegler, Senior Editor
In his new book, Rock Your Business, David Fishof draws valuable life lessons from the world of rock. By Richard McGill Murphy, contributor FORTUNE -- It took chutzpah to walk into the office of legendary New York Yankees owner George ...
FORTUNE Features
Could Employees' Smartphones Harm Your Business?
By Sharlyn Lauby
There are many attractive reasons to consider implementing a BYOD policy, but before implementing a BYOD program, step back and consider these variables.
Mashable!
Horse Paints Abstract Art [Video] - Business Insider
By Tony Manfred
The horse had $300,000 in career winnings when he was adopted by Ron Krajewski of Gettysburg, PA. According to WHPTV in Harrisburg, Krajewski noticed that Metro would constantly bob his head, so one day he put a paintbrush in his ...
Business Insider
RIM CIO Robin Bienfait Retiring - Business Insider
By Steve Kovach
Will continue to advise during the BlackBerry 10 transition.
Business Insider
Business news briefs | The Salt Lake Tribune
A 2nd remodel at McDonald's The McDonald's at 895 E.
All - The Salt Lake Tribune
Doing Business in the US | Visual.ly
By Propellernet
The infographic highlights reasons why firms should consider doing business in the US and highlights the key sectors for exporting products and servi.
Visual.ly
Video Game Lobby Responds To Sandy Hook - Business Insider
By Walter Hickey
Video Games The Entertainment Software Association, the trade group for video game designers and production houses, has broken its silence following the Sandy Hook Elementary School shooting, The Hill reports. After Sen.
Military & Defense

Web4 new results for Business
 
GE to buy Avio's aviation business for $4.3 billion - Yahoo! News
From Yahoo! News: MILAN (Reuters) - U.S. conglomerate General Electric has agreed to buy the aviation business of Italian aerospace company Avio for 3.3 ...
news.yahoo.com/ge-buy-avios-aviation-business-4-3-billion-1...
GE to buy Avio's aviation business for $4.3 billion | Reuters
MILAN (Reuters) - U.S. conglomerate General Electric has agreed to buy the aviation business of Italian aerospace company Avio for 3.3 billion euros ($4.3 ...
www.reuters.com/.../us-ge-acquisition-avio-idUSBRE8BK0FE...
GE to buy Avio's aviation business for $4.3 bln | Reuters
Dec 21 (Reuters) - General Electric Co said it wouldbuy the aviation business of Avio S.p.A., an Italy-based makerof aviation propulsion components and ...
www.reuters.com/.../ge-acquisition-avio-idUSL4N09V3OT20...
Big Board not so big anymore - Crain's Detroit Business
By Inyoung Hwang and Nina Mehta The owner of the New York Stock Exchange, whose trading floor helped fuel Warren Buffett's fortune and financed industries ...
www.crainsdetroit.com/.../big-board-not-so-big-anymore-nyse...


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