Jan 29, 2013

Google Alert - Business News

News25 new results for Business News
 
RBS Tips UK Back Into Bonus Debate
CNBC.com
George Osborne is braced for a new political backlash over bank bonuses, as state-controlled Royal Bank of Scotland prepares to pay as much as 250 million pounds ($393 billion) to staff at an investment banking division heavily implicated in the ...
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CNBC.com
India Cuts Rates, Reserve Ratio to Spur Growth as Prices
Bloomberg
India lowered interest rates for the first time since April and cut the amount of deposits lenders must set aside as reserves, easing policy to aid growth as inflation cools and the government curbs the budget deficit. The Reserve Bank of India reduced the ...
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Topix Hits Highest Since Quake on Japan Earnings Optimism
Bloomberg
Japanese shares gained, with the Topix (TPX) Index closing at its highest level since the 2011 earthquake, on optimism about corporate earnings. Sumitomo Mitsui Financial Group Inc. (8316), Japan's second- biggest bank by market value, increased 4.4 ...
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Former trader charged with defrauding bailout fund
Wall Street Journal
NEW HAVEN, Conn. — A former managing director of an investment bank was arrested Monday on charges he defrauded investment funds the Department of Treasury established in 2009 as part of the federal government's response to the financial crisis.
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Japan Cabinet Approves Record Budget as Deficit Reduction Takes Back Seat
Wall Street Journal
TOKYO--Japanese Prime Minister Shinzo Abe's cabinet approved Tuesday a record Y92.6 trillion ($1 trillion) draft budget for fiscal 2013, as efforts to rein in the nation's deficit take a back seat to the new administration's goal of quickly boosting the economy.
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Yahoo's Mayer beats again; stock jumps
MarketWatch
SAN FRANCISCO (MarketWatch) — Yahoo Inc. Chief Executive Marissa Mayer just made it two in a row. Yahoo (US:YHOO) shares were up about 1% in after-hours trading on Monday. The stock rose by more than 4% earlier shortly after the Web portal ...
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US stock futures drift in pre-market action
USA TODAY
A tweet has been posted to your Twitter account. Sent! A link has been sent to your friend's email address. U.S. stock futures drift in pre-market action. Kim Hjelmgaard, USA TODAY3:12a.m. EST January 29, 2013. Yahoo beat earnings forecasts on Monday ...
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Resilience brings reward to Japan's Toyota
CNN
Hong Kong (CNN) -- Japan's Toyota Motors has revved ahead of U.S.-based General Motors in 2012 to reclaim the title of world's biggest auto manufacturer. This week, Toyota announced global sales of 9.75 million vehicles, even beating its own forecast of ...
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What Adults Do In Hotel Rooms Takes Its Toll On LodgeNet
Wall Street Journal (blog)
LodgeNet, which provides what it calls "media and connectivity solutions" to hotels and their guests, went into Chapter 11 bankruptcy today. It turns out that what people are willing to pay for on their hotel-room TVs isn't what it used to be. The bankruptcy is of ...
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Wall Street Journal (blog)
Hess selling terminals, exiting refining business
MarketWatch
NEW YORK (MarketWatch) -- Hess Corp. (US:hes) said Monday it hired Goldman Sachs to sell its U.S. terminal network, which has 28 million barrels of storage capacity. The New York-based component of the S&P 500 [S: $spx] also plans to close its Port ...
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California High-Speed Rail Authority settles suit
Fresno Bee
FRESNO, Calif. -- The California High-Speed Rail Authority says it has settled a lawsuit filed by the city of Chowchilla over the rail agency's approval of a bullet-train route between Merced and Fresno. The Fresno Bee reports ( http://bit.ly/14qcJyc) the ...
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News Summary: Limited supply lowers US pending home sales, though index ...
Washington Post
FEWER CONTRACTS SIGNED: The National Association of Realtors' index of signed contracts to buy homes dropped 4.3 percent in December to 101.7. That's down from a 2 ½ -year high in November. TIGHT SUPPLY: Sales were held back by a limited ...
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German Bunds Are Little Changed After Consumer Confidence
Bloomberg
German government bonds were little changed as a report showed consumer confidence in Europe's largest economy is forecast to increase in February. Benchmark 10-year yields were about three basis points from the highest level in four months. German ...
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Treasury Rate Approaches S&P 500 Dividend Yield
Bloomberg
Treasuries fell, with rates approaching the Standard & Poor's 500 Index dividend yield, on signs of improvement in the U.S. economy. Benchmark 10-year Treasury rates were 16 basis points below the S&P 500 yield, a gap not seen since Sept. 14. The U.S. ...
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Bids for Hostess' Brands now total $440 million
Dallas Morning News
Hostess Brands, which hopes to fetch at least $1 billion for its brands, buildings and other assets, announced two bids Monday for cakes and bread that bring the total offered so far to more than $440 million. McKee Foods Corp., best known for its Little Debbie ...
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Caterpillar earnings drop 55 percent; company predicts slow global economic ...
Chicago Tribune
Caterpillar Inc., which reported Monday that its fourth-quarter profit fell 55 percent, mainly due to a $580 million write-down of an acquisition in China, said it expects slow global economic growth this year, with some bright spots in North America and China.
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Anglo Takes $4 Billion Writedown on Minas-Rio, Raises Spending
Bloomberg
Anglo American Plc (AAL) will write down $4 billion of the value of its Minas-Rio iron-ore project in Brazil and raise estimated spending a sixth time after expense blowouts forced Chief Executive Officer Cynthia Carroll to quit. Capital expenditure for the project ...
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Philips to exit hi-fis and DVD players
BBC News
Dutch electronics giant Philips is to sell off its home entertainment business, including hi-fis and DVD players, to Japan's Funai Electric. Funai will pay 150m euros ($200m; £130m) and a regular brand licensing fee to take on the product lines. The company ...
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BBC News
VMware Sales Forecast Misses Estimates as Demand Slumps
Businessweek
VMware Inc. (VMW), the biggest maker of software that enables computers to run multiple operating systems, tumbled after forecasting sales that missed estimates amid cutbacks from corporate customers. First-quarter revenue will be $1.17 billion to $1.19 ...
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Icesave ruling in Iceland's favour costs UK taxpayers £100m
Telegraph.co.uk
The European Free Trade Association (EFTA) court on Monday ruled that Iceland did not break European free trade laws on deposit guarantee schemes by refusing to compensate foreign depositors after Icesave's owner, Lansbanki, collapsed in 2008.
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Telegraph.co.uk
Witness describes horrific W.Va. pipeline inferno
Salon
CHARLESTON, W.Va. (AP) — To Sue Bonham, it was as if the world were coming to an end: A wall of flame had suddenly engulfed her West Virginia neighborhood. Amid a deafening roar, objects began crashing through her ceiling. Her home began melting ...
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GOP outlines oil tax proposal
Bismarck Tribune
Republican legislative leaders Monday outlined a proposed restructuring of the state's oil taxes that closes a loophole for stripper wells, lowers the oil extraction tax rate and eliminates triggers in the event of sharp drops in oil prices. Sen. Dwight Cook ...
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American Airlines workers could get pay raise in merger with US Airways
Tulsa World
American Airlines' unionized mechanics and ground workers have reached a tentative agreement with American and US Airways that would provide 21,000 Transport Workers Union members a 4.3 percent wage increase if the two carriers merge, company ...
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San Gabriel Valley locations set to offer free tax preparation help for seniors, low ...
San Gabriel Valley Tribune
Although April 15 seems months away, several sites across the San Gabriel Valley have started distributing tax forms, instructions and other resources in advance of the Jan. 30 beginning of tax-filing season. Glendora Public Library offers the most commonly ...
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Continental Tire Expansion to Bring 100 Jobs
WSIL TV
MT. VERNON -- A major southern Illinois employer is announcing plans to expand and add even more jobs. Continental Tire plans to invest more than $129 million in its Mt. Vernon factory. It's the third big expansion there since 2006. The expansion will mean ...
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Blogs10 new results for Business News
 
TIAM: Lots Of Business News This Week & We Check In With Paul ...
By Doug McElvein
From business to political news we covered it all today.
CBS St. Louis
Business News: Week of Jan. 28, 2013 - North Bay Business Journal
By Business Journal Staff Report
Sunny Hills Services, a private nonprofit organization with more than 15 programs throughout the Bay Area serving vulnerable children, youth, and their families, was recently named a recipient of a $5,000 grant by Umpqua Bank, through the ...
North Bay Business Journal
WesternZagros Announces Four-Fold Increase at Kurdamir | Iraq ...
By Editor
WesternZagros Resources has announced a fourfold increase in the Company's contingent resource estimates at the giant oil discovery on the Kurdamir Block in the.
Iraq Business News
Earnings Scheduled For January 29, 2013 | Benzinga
By Monica Gerson
Eli Lilly and Company (NYSE: LLY) is projected to report its Q4 earnings at $0.79 per share on revenue of $5.81 billion. Harley-Davidson (NYSE: ... After Netflix Win, Icahn After Another Company ... Benzinga's News Delivered Free. AM. PM ...
Benzinga - Stock Market Quotes,...
Financial Times rates University of Chicago's Booth a top business ...
Best local business news – essential to doing business in Chicago; Lists, data, blogs, videos – everything; Read offline; Easily share stories with colleagues and friends; Download today for FREE. Succeeding in Chicago just got a whole lot ...
Chicago Business News
Fate of Barnes & Nobles - Crain's New York Business
By Adrianne Pasquarelli
"Barnes & Noble has great real estate in prime locations and the company's management is fully committed to the retail concept for the long term," she said, though she declined to comment specifically on the future of the company's Big Apple fleet. ... said the company recorded its "best performance in the history of the firm," according to The Wall Street Journal. Revenues at Terra Holdings ranged from $350 million to $400 million. More from The Red Wrap. Most Popular; Latest News ...
News - Crain's New York Business...
US economy gets lift from housing, other tailwinds | Long Island ...
By The Associated Press
Federal budget fights have put businesses and consumers on edge. Balanced between those ... The S&P index has jumped 5.4 percent this month in response to healthy news on housing and corporate profits. The sidestepping of the fiscal ...
Long Island Business News
Rush Limbaugh: 'Me, Fox News' To Stop ... - Business Insider
By Brett LoGiurato
"It's up to me and Fox News, and I don't think Fox News is that invested in this. I don't think there's any Republican opposition to this of any majority consequence or size. We'll have to wait and see and find out. But this is one of those, just keep ...
Business Insider
Caterpillar 4Q Profits Cut in Half; 2013 Uncertain - Arkansas Business
ArkansasBusiness.com is the website partner of the Arkansas Business journal. ... Latest News ... Not counting that, analysts surveyed by FactSet had been expecting a profit of $1.70 per share. Caterpillar's $653 million purchase of Siwei last year gave it a new business — roofing supports for mines — in a country where mining is growing quickly. But on Jan. 18, Caterpillar said it had found "deliberate, multi-year, coordinated accounting misconduct" in the accounting at Siwei, and ...
Manufacturing - ArkansasBusiness.com
CSX spending $26M to add capacity to Hudson River line - The ...
By Eric Anderson
The Buzz: Business news. Business, media, technology and more in the Capital Region and beyond. Business section | Follow @tubusiness on Twitter · CSX spending $26M to add capacity to Hudson River line. January 28, 2013 at 12:48 pm ...
The Buzz: Business news

Web10 new results for Business News
 
Business News: Barnes & Noble, Chinese Gaming : NPR
Barnes & Noble plans to close up to a third of its stores over the next decade, according a report in The Wall Street Journal. And in China, the state-run China ...
www.npr.org/2013/01/28/170436049/business-news
Business news briefs | The Salt Lake Tribune
T.D. Williamson, a provider of equipment and services for operators of pressurized piping systems, has open a pipeline integrity facility in the Salt Lake ...
www.sltrib.com/sltrib/.../percent-quarter-billion-income.html.c...
Daily Business News Calendar for Jan. 24 - Richmond Times-Dispatch
LOCAL EVENTS. Hanover Business Council networking breakfast, 7:15 to 9 a.m., Randolph-Macon College, Estes Dining Hall, 306 Henry St., Ashland.
www.timesdispatch.com/.../article_9eb3978e-00d7-513f-9495...
Small Business News - The latest small business stories.- msnbc.com
Small business news and advice from MSNBC.com. With news from our partners Forbes.com, BusinessWeek and MSNBC's "Your Business."
www.nbcnews.com/id/3627254/ns/business-small_business/
Sumitomo Mitsui Leads Megabanks Higher on Earnings - Business ...
31, the Nikkei newspaper said today. ... loans and consumer finance business as well as improved earnings at its SMBC Nikko Securities Inc. brokerage unit.
washpost.bloomberg.com/Story?docId=1376...
'Made in China' raising brand and recognition - Business News ...
Traditionally anonymous Chinese manufacturers are now setting up shop in the United States in an effort to raise their brand and presence, and climb the value ...
english.sina.com/business/2013/0128/554971.html
Market Report -- Story Stocks (VMW): Briefing.com Business News ...
VMware slides after hours following earnings After Hours Gainers: Companies trading higher in after hours in reaction to earnings: SWIR +8.1%, PLXT - MSN ...
money.msn.com/business-news/article.aspx?...2
Amplats Puts Off Job-Cut Plans Amid 'Dire - Business: Washington ...
(Updates with share drop in first paragraph.) Jan. 29 (Bloomberg) -- Anglo American Platinum Ltd., the biggest producer of the metal, put plans on hold to cut as ...
washpost.bloomberg.com/Story?docId=1376...
China urges measures to stabilize food prices - Business News ...
The State Council, or China's cabinet, on Tuesday urged more targeted measures to stabilize food prices as the Spring Festival holiday, a peak time for food ...
english.sina.com/business/2013/0128/554970.html
New name, same service - phillyburbs.com: Money: local business ...
For years, Bob Back and his employees shared an inside joke.
www.phillyburbs.com/.../article_31232ad4-dfac-5883-a324-c...


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