Jan 16, 2013

Google Alert - Business

News29 new results for Business
 
New rules aim to protect homeowners from foreclosure
CNNMoney
Federal officials issued new rules for mortgage servicers Thursday aimed at protecting homeowners facing foreclosure. But consumer groups say the rules don't do enough to help prevent borrowers from unnecessarily losing their homes. Since the housing ...
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High-speed rail critic Jeff Denham to chair House railroad panel
Fresno Bee
WASHINGTON -- High-speed rail skeptics gained new traction Wednesday with the promotion of Rep. Jeff Denham, R-Turlock, to chairmanship of the House panel that oversees railroads. A sharp critic of California's ambitious high-speed rail plan, Denham ...
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Fresno Bee
Abe Stimulus Risks Fizzling as Citigroup Sees Japan Job Gap
Bloomberg
Japan's 10.3 trillion yen ($117 billion) fiscal stimulus may add less than a quarter of the jobs the government predicts, casting doubt on Prime Minister Shinzo Abe engineering a sustained recovery. Even with more central bank easing, most of the impact of ...
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Boeing 787 Dreamliner grounding spreads around the world
The Guardian
American regulators followed the lead of Japanese airlines by grounding the Boeing 787 Dreamliner on Wednesday night, saying a recent series of safety incidents meant urgent action was needed. The US Federal Aviation Administration (FAA) said it would ...
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The Guardian
CNH Tracker-New HK measures likely to improve banks' yuan liquidity
Reuters
Thu Jan 17, 2013 12:34am EST. By Michelle Chen HONG KONG, Jan 17 (Reuters) - The Hong Kong Monetary Authority (HKMA) introduced new measures this week to help banks manage their offshore yuan positions, a move bankers say is likely to increase ...
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America's hardest hit foreclosure neighborhoods
CNN
The foreclosure crisis is slowly easing, but in some of the nation's neighborhoods it feels like it has just begun. Total foreclosure filings, including default notices, scheduled auctions and bank repossessions, were down 3% in 2012 compared with a year ...
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IRS Wants More of Your Taxes. For Itself.
Bloomberg
(Corrects description of IRS funding in fourth paragraph.) I bet you didn't know you had a taxpayer advocate at the Internal Revenue Service. Her name is Nina Olson, and she submits an annual report to Congress. The 2012 report features some of the ...
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TREASURIES-Bonds creep higher in Asia as stocks erase gains
Reuters
TOKYO | Thu Jan 17, 2013 1:03am EST. TOKYO Jan 17 (Reuters) - U.S. Treasuries rose in Asian trading on Thursday, attracting investors' favour as stocks erased early gains. * The MSCI's broadest index of Asia-Pacific shares outside Japan skidded 0.4 ...
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Wendy's 4Q adj. profit tops Wall Street's view
The Associated Press
DUBLIN, Ohio (AP) — Wendy's new value menu and focus on premium burgers helped its fiscal fourth-quarter net income top Wall Street expectations, the hamburger chain said Thursday. Results show Wendy's push to position itself on the higher end of the ...
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Highlights from the Fed's US economic survey
The Associated Press
WASHINGTON (AP) — The Federal Reserve survey released on Wednesday found the U.S. economy grew at a "modest or moderate" pace from mid-November through early January. The Fed said growth was helped by holiday shopping, strong auto sales ...
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Genworth CFO Says Mortgage Unit to Recover With Housing
Bloomberg
Genworth Financial Inc. (GNW), the insurer that announced a plan today to isolate its unprofitable U.S. mortgage insurer, said the unit's results may improve amid a U.S. housing rebound. "We do feel increasingly like the business is in recovery and earnings ...
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Fed hawk voices doubts over benefits of bond buying
Fox Business
WASHINGTON/MINNEAPOLIS – A senior Federal Reserve official voiced skepticism on Wednesday about the benefits of additional asset purchases by the U.S. central bank, while a more dovish policymaker maintained his campaign for additional policy ...
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Oil falls to $94 on US supply report
The Associated Press
BANGKOK (AP) — The price of oil fell to $94 a barrel Thursday amid ample supplies as traders awaited the latest reading on growth in the Chinese economy. Benchmark oil for February delivery was down 24 cents to $94 per barrel at early afternoon Bangkok ...
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State's unemployment rate stays at 8.9% in December
Detroit Free Press
Michigan's unemployment rate for December remained unchanged at 8.9%. The U.S. jobless rate was also unchanged over the month. But the Michigan jobless rate in December 2012 was four-tenths of a percentage point below the state's December 2011 ...
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Redford broker charged in mortgage fraud
The Detroit News
Redford Township — A Redford Township real estate broker was arraigned Wednesday on charges tied to an extensive mortgage fraud scheme. Samer Salami, 32, of Canton Township, faces 12 counts in the case involving multiple Fannie Mae and Freddie ...
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American Airlines looks forward as it prepares to unveil its new image
Dallas Morning News
For the past 13½ months, American Airlines and parent AMR Corp. have been looking backward as they worked their way out of the mess that a decade of financial losses had brought them. Now, they've indicated, they're ready to begin looking forward.
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* Sharp in talks to sell Chinese TV plant to Lenovo
Financial Times (blog)
Bahrain's lossmaking Gulf Air will slash costs this year by cutting routes and making redundancies. Amid tough competition from regional supercarriers, such as Dubai's Emirates, Abu Dhabi's Etihad and Qatar Airways, the region's oldest airline has been hit ...
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Silver Lake And Partners Near $15 Bln Financing For Dell Buyout: Bloomberg
NASDAQ
(RTTNews.com) - Private equity firm Silver Lake Management LLC and partners are close to lining up about $15 billion in funds for a leveraged buyout of PC maker Dell Inc. ( DELL ), Bloomberg reported Wednesday, citing people familiar with the matter.
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JPMorgan's Board Uses a Pay Cut as a Message
New York Times
Shortly after the markets closed on Tuesday afternoon, an emissary from JPMorgan Chase's board of directors walked two flights down to the 48th-floor corner office of the bank's chief executive, Jamie Dimon, to deliver a stark message. The board had voted ...
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New York Times
Influential group of CEOs calls for raising retirement age to 70 for Social Security ...
Washington Post
WASHINGTON — An influential group of business CEOs is pushing a plan to gradually increase the full retirement age to 70 for both Social Security and Medicare and to partially privatize the health insurance program for older Americans. The Business ...
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CBS Restructures Outdoor Biz
MediaPost Communications
CBS Corp. is shaking up its outdoor advertising business with a corporate restructuring that will divest CBS Outdoor's overseas business and convert its U.S. business into a real estate investment trust. The planned divestiture will affect CBS properties in ...
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MediaPost Communications
Gasoline Prices in Utah Plummet to the Lowest Levels in Nearly 12 Months
Utah Pulse
From November to December the Zions Bank Wasatch Front Consumer Price Index fell by 0.7 percent. The Index's decrease is the largest non-seasonally adjusted decline in nearly three years. The Bureau of Labor Statistics reported that the national ...
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US Bancorp posts record profit in 2012
Denver Business Journal
U.S. Bancorp on Wednesday reported a 5.2 percent increase in fourth-quarter net income thanks to lower provisions for loan losses. The Minneapolis-based company (NYSE: USB) — parent of U.S. Bank in Colorado and other states — said its net income ...
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Germany Goes for Gold—To Bring Home
Wall Street Journal
Germany's central bank said it would repatriate some of its gold reserves from France and the U.S., bowing to pressure both from Berlin and from a remarkable grass-roots campaign by the populist press, which played on fears that the euro crisis poses a risk ...
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Hewlett-Packard Said to Have Received Approaches on Asset Sales
Bloomberg
Hewlett-Packard Co. (HPQ) has been approached by investment bankers about selling assets, though it's not currently considering such a move, according to a person with knowledge of the matter. The company has seen an increase in inquiries after a ...
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S&P 500 ends flat as bank profits temper growth concerns
Reuters
By Caroline Valetkevitch. NEW YORK | Wed Jan 16, 2013 5:24pm EST. NEW YORK (Reuters) - The S&P 500 ended nearly flat on Wednesday as solid earnings from two major banks and a bounceback in Apple shares offset concerns about a lower forecast ...
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BNY Mellon Profit Rises 23% as Stock Market Boosts Assets
Bloomberg
Bank of New York Mellon Corp., the world's largest custody bank, and Northern Trust (NTRS) Corp. relied on rising stock markets and cost cuts to increase earnings as fees were hurt by low interest rates. BNY Mellon said fourth-quarter net income climbed 23 ...
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EBay Tops Forecasts on Sales for Holidays
New York Times
SAN FRANCISCO (AP) — EBay said Wednesday that its fourth-quarter profit topped analysts' projections as holiday shoppers flocked to its Internet shopping mall and digital payment service. Enlarge This Image ...
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TEXT - Fitch rates Washington $1.2 bln GO refunding bonds
Reuters
Wed Jan 16, 2013 6:01pm EST. Jan 16 - Fitch Ratings has assigned an 'AA+' rating to the following state of Washington general obligation (GO) bonds: - --$551,910,000 various purpose GO refunding bonds, series R-2013C; --$125,360,000 motor vehicle ...
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Blogs13 new results for Business
 
Google Donkey Street View - Business Insider
By Jay Yarow
In a statement to Jalopnik, a Google representative said, "I'm pleased to confirm the donkey is alive and well." On Reddit yesterday a thread popped up pointing people to a Google Street View image which appeared to show one of Google's ...
Business Insider
Pacific Crest: We're Downgrading Apple - Business Insider
By Jay Yarow
If the market for new iPhone buyers is already maxed-out, and the market for upgrading iPhones is weak, then Apple's iPhone business is going to struggle. While the iPad should pick up the slack for Apple in terms of slowing iPhone growth, ...
Money Game
Developer Outsourced Work To China - Business Insider
By Megan Rose Dickey
He ended up making "several hundred thousand dollars" a year.
SAI
Obama's Executive Actions On Gun Control - Business Insider
By Joe Weisenthal
From a White House factsheet, via The NYT, here are the 23 "executive actions" that Obama will take to reduce gun violence. For full coverage of Obama's announcement today, see here. There's very little in this part that will be too big or ...
Business Insider
Ten Hard-Earned Lessons About Selling a Business - NYTimes.com
By By JOSH PATRICK
Do you know what you will do with yourself after the sale?
You're the Boss
Google To Give A Kid $80K For Logo - Business Insider
By Laura Stampler
This is the sixth annual Doodle 4 Google contest, in which American students are asked to draw Google's logo according to a specific theme. Last year, 114,000 students submitted doodles with the theme: "If I could travel in time, I'd visit..." This ...
Business Insider
Facebook Has A Bad Habit Of Coming Out With ... - Business Insider
By Nicholas Carlson
Graph Search ;is neat, but too incomplete to be useful. Sounds familiar.
Business Insider
Richard (RJ) Eskow: How Extreme Is the Business Roundtable ...
By Richard (RJ) Eskow
Our long-term deficits are driven by America's runaway health care costs, which in turn are driven by our profit-driven system. If some of these companies and their competitors didn't exist the Federal government might not have a deficit ...
The Huffington Post Full Blog Feed
Facebook Messenger App Calling - Business Insider
By Dylan Love
Facebook has begun rolling out a feature to its Messenger app letting users call each other over WiFi or cellular data. The Verge was the first to notice the update and confirm with Facebook. It had previously been testing this in Canada and is ...
Business Insider
Goldman Sachs Earnings Q4 - Business Insider
By Julia La Roche
EPS came in at $5.60 versus analysts' estimates of $3.66. ;
Clusterstock
Aslan Usoyan's Death Worries Russia - Business Insider
By Adam Taylor
And his death could cause a serious conflict in the Russian underworld.
Military & Defense
#Facebook Search Impacts Business Pages | Search Engine Journal
By Michelle Stinson Ross
Yesterday Facebook CEO, Mark Zuckerberg, unveiled the next big step in the social network's development. Soon Facebook users will be able the search withi.
Search Engine Journal
China Trade Surplus With US May Be A Quarter Smaller - Business ...
By Alan Wheatley
China's trade surplus with the United States shrinks by a quarter when calculated according to which countries provide the parts and services that go into its exports and imports. The new estimate is one of the key findings of an ambitious ...
BI General Contributors

Web3 new results for Business
 
Website will promote businesses in Alabaster - The Business Journals
Promoting businesses in Alabaster is the goal of a new website.
www.bizjournals.com/.../website-will-promote-businesses-in.ht...
SFGate Business News — San Francisco Bay Area ... - Bloomberg
Jan. 17 (Bloomberg) -- CBS Corp. jumped in extended trading after saying it will convert its outdoor advertising division into a real estate investment trust and ...
sfgate.bloomberg.com/SFChronicle/Story?docId=1376...
Fourth quarter profits for Adtran drop 87 percent - The Business ...
Adtran said its profit during the fourth quarter of 2012 dropped 87 percent.
www.bizjournals.com/.../fourth-quarter-profits-for-adtran-dro...


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