Jun 12, 2013

Google Alert - Business

News27 new results for Business
 
US House Bill Gives FHA Ability To Tighten Reverse Mortgages
Fox Business
The U.S. House of Representatives passed a bill on Wednesday that would give new authority to the Federal Housing Administration to tighten terms for reverse mortgages, where it has faced significant losses. The FHA, which backs $1.1 trillion in U.S. home ...
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Nikkei Leads Asian Stocks Lower
Wall Street Journal
Stock markets across Asia tumbled on Thursday, with Japan's Nikkei plunging more than 6% into bear market territory, amid jitters over slowing global growth and the U.S. Federal Reserve possibly winding down its huge bond purchases. Markets in Shanghai ...
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JPMorgan Cutting 1800 More Jobs in Mortgage Unit
CNBC.com
The bank last Friday announced a nationwide round of job cuts in its mortgage servicing unit that would eliminate roughly 1,800 jobs, according to a person familiar with the matter. The two regions hit hardest by the layoffs: Albion, N.Y., where an entire call ...
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UPDATE 2-US charges eight for cybercrime targeting banks, gov't
Reuters
Thu Jun 13, 2013 3:49am IST. * Banks, brokerages, processors, agencies targeted. * Defendants allegedly schemed to divert millions of dollars. By Jonathan Stempel. June 12 (Reuters) - Federal prosecutors in New Jersey on Wednesday unveiled criminal ...
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US loses millions on coal leases, inspector general report says
Los Angeles Times
WASHINGTON -- The Interior Department is losing tens of millions of dollars in revenue annually because it leases public land for coal mining at rock-bottom prices, according to a report by the agency's inspector general. The report focuses on coal leases for ...
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Sun Pharma Declines After $550 Million Pfizer Settlement
Bloomberg
Sun Pharmaceutical Industries Ltd. (SUNP), India's biggest drugmaker by market value, fell the most in two weeks in Mumbai after agreeing to pay more than five times what it had provisioned to settle patent litigation with Pfizer Inc. Sun shares declined 2.7 ...
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Clearwire Board Supports Dish's Bid Over Sprint's Lower Offer
Bloomberg
Clearwire Corp. (CLWR)'s board recommended that shareholders accept an offer of $4.40 a share from Dish Network Corp. (DISH), shunning a lower bid from its majority owner Sprint Nextel Corp. (S). The board postponed a meeting scheduled for today for ...
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NY regulator calls for moratorium on "shadow insurance" practice
Reuters
June 12 | Wed Jun 12, 2013 1:07pm IST. June 12 (Reuters) - New York's top financial regulator has called for a national moratorium on certain transactions by life insurance companies that potentially put policyholders and taxpayers at greater risk, according ...
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Emerging markets at risk when loose policies end: World Bank
Fox Business
WASHINGTON – The World Bank said eventual monetary tightening in advanced economies could crimp growth in emerging markets as interest rates rise, lowering the nations' potential output by as much as 12 percent. That long-term risk is likely greater ...
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Foreclosures Jump as Banks Bet on Rising US Home Prices
Bloomberg
Home repossessions in the U.S. jumped 11 percent in May after declining for the previous five months as rising prices and limited inventory for sale across the country spurred banks to complete foreclosures. Lenders took back 38,946 homes, up from 34,997 ...
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Sobeys buys Safeway Canada in $5.7 billion 'game-changing' deal
Reuters
By Solarina Ho and Euan Rocha. TORONTO | Wed Jun 12, 2013 10:51pm EDT. TORONTO (Reuters) - Empire Co Ltd (EMPa.TO), the operator of Canadian grocery chain Sobeys, said it is acquiring Safeway Inc's (SWY.N) assets in Canada for $5.7 billion, in a ...
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Record Corn and Soybean Yields Are Predicted
New York Times
KANSAS CITY, Mo. — The government is predicting record corn and soybean yields this year despite intense spring showers that have delayed planting, damaged crops already in the ground and prevented farmers from sowing all of their seeds. But the ...
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Keystone XL: the 'Kim Kardashian of energy'?
Christian Science Monitor
If oil pipelines had personalities, the proposed Keystone XL would be a Hollywood starlet. It's always elbowing into the spotlight. Skip to next paragraph. Why It Matters. Energy: The Keystone XL pipeline would allow 830,000 barrels of crude to flow daily from ...
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UK lawmakers' report criticizes Google's tax affairs
Reuters
By Tom Bergin. LONDON | Wed Jun 12, 2013 7:21pm EDT. LONDON (Reuters) - British lawmakers described Google's tax affairs as "contrived" in a report released on Thursday and called on the UK tax authority to vigorously investigate whether the company ...
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Indian Tire Maker Rolls Cooper Into $2.5 Billion Deal
Wall Street Journal
India's Apollo Tyres Ltd. agreed to pay about $2.5 billion for Cooper Tire & Rubber Co., one of the largest U.S. acquisitions by an Indian company as the two tire makers seek to bulk up to compete with bigger global rivals. Apollo, which is about half the size of ...
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Fannie Mae, Freddie Mac 2013 bill sale calendar
Reuters
Wed Jun 12, 2013 7:48pm IST. June 12 (Reuters) - The following is a list of scheduled U.S. agency bill sales from Fannie Mae and Freddie Mac for 2013. Freddie Mac said 3-month and 6-month bills will be auctioned every week. In addition, 1-month and ...
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H&R Block gains share in digital, to exit Walmart stores
Reuters
Wed Jun 12, 2013 8:29pm EDT. (Reuters) - H&R Block Inc (HRB.N) said its market share continued to grow in the competitive digital tax filing business even as total tax returns fell in an "abnormal" U.S. tax season. The biggest U.S. tax preparer also noted ...
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Whitman Sees 'Heavy Lifting' for HP, but Market Cheers
CNBC.com
The tech company's five year plan won't take that long to see results, said Meg Whitman, Hewlett-Packard CEO, with an update on her company's turnaround plan and cloud technology strategy. Hewlett-Packard's stock surged on Wednesday, buttressed by ...
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US Oil Notches Record Growth
Wall Street Journal
U.S. crude-oil production grew by more than one million barrels a day last year, the largest increase in the world and the largest in U.S. history. In the latest sign of the shale revolution remaking world energy markets, crude production in the U.S. jumped 14% ...
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Business insider: GM pines for sweet taste of investment-grade
The Detroit News
It's no secret General Motors Co. Chairman and CEO Dan Akerson wants the Detroit automaker to reach investment-grade status this year. And Akerson set the tone early Wednesday during remarks to financial analysts during the company's Global Business ...
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China shares extend losses, hit 6-mth low on return from 3-day holiday
Reuters
HONG KONG, June 13 | Wed Jun 12, 2013 10:09pm EDT. HONG KONG, June 13 (Reuters) - China shares tumbled to their lowest in six months on Thursday as mainland markets reopened after a three-day Dragon Boat Festival holiday, hurt by soft China ...
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Banks Walk on Mortgage Balance Beam
Wall Street Journal
Handoffs can always lead to fumbles. With interest rates rising, that is a concern for both the housing-finance market and banks. In the mortgage market, the risk is that rising rates could accelerate a falloff in refinance activity, while rebounding purchase activity ...
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French air controller strike sparks chaos here
Irish Independent
HUNDREDS of holidaymakers had their travel plans thrown into chaos following a strike by French air traffic controllers. Also in this section. Tests due on boat tragedy brothers · Halappanavar report to be published · New abortion law details published ...
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US says unapproved biotech wheat appears limited to one field
Reuters
Wed Jun 12, 2013 5:50pm EDT. * Farm group sees "utmost urgency" to resolve the issue. * Focus is on area surrounding Oregon field. WASHINGTON/KANSAS CITY, June 12 (Reuters) - An agricultural dragnet has found no cases of unapproved genetically ...
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US Stocks Close Lower
Wall Street Journal
NEW YORK--U.S. stocks closed broadly lower Wednesday, with the Dow Industrials posting their first three-day string of losses this year. The Dow Jones Industrial Average lost 126.79 points, or 0.8%, to 14995.23. On Tuesday, the Dow fell 117 points, or 0.8%, ...
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Merkel Calls For Cutting Subsidies For Green Energy
Wall Street Journal
Germany urgently needs to scale back its financial support for the development of renewable energy to contain the spiralling costs of its move to a low-carbon economy, Chancellor Angela Merkel said Wednesday. Addressing an energy conference in Berlin, ...
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UPDATE 1-US CEOs a bit more optimistic on economy, hiring -survey
Reuters
Wed Jun 12, 2013 9:12pm IST. By Ernest Scheyder. June 12 (Reuters) - U.S. chief executives expect to hire more workers in the next six months and that sales will improve modestly, a tepid if slightly optimistic reading of the U.S. economy, a Business ...
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Blogs12 new results for Business
 
SNOWDEN: US Has Been Hacking China - Business Insider
By Adam Taylor
Snowden says there were hundreds of targets in China and Hong Kong.
Business Insider
Glenn Greenwald: Media Complicit In NSA Scandal - Business Insider
By Brett LoGiurato
Greenwald told Business Insider late Tuesday night that he thinks some left-leaning members of the media — such as Time magazine's Joe Klein and The New Yorker's Jeffrey Toobin — have shifted stances on surveillance and civil liberties ...
Business Insider
More Questions about HP's Business for CEO Meg Whitman - Arik ...
By Arik Hesseldahl
She drills down on the challenges and opportunities facing HP's numerous business units.
AllThingsD
5 Ways to Generate More Business From LinkedIn | Social Media ...
By Melonie Dodaro
Here's how to use LinkedIn for your business. Follow these steps to create a strong business network on LinkedIn and cultivate leads.
Social Media Examiner
Texas Comes North to Poach Business - NYTimes.com
By By ANDY NEWMAN
Gov. Rick Perry, who will visit New York and Connecticut next week in hopes of luring business from the gun, pharmaceutical and financial industries, is spreading his recruitment message on the radio and television.
City Room
CIA Deputy Director Michael Morell Resigns - Business Insider
By Pamela Engel
Will be replaced by White House lawyer ; Avril D. Haines.
Politics
Eugene Chung Departs TechStars NY Just Two ... - Business Insider
By Alyson Shontell
Eugene Chung, who was hired to replace David Tisch as Managing Director of TechStars New York in January, is no longer with the startup accelerator program. The personnel change comes just two weeks before Demo Day, when 11 ...
Tech
Singapore's DealGuru Spins Out Food Delivery Business To Chase ...
By Victoria Ho
She was previously the technology correspondent for The Business Times in Singapore, and senior writer for ZDNet Asia prior to that. She started out working for ComputerWorld and CIO Asia magazines, under the IDG and Fairfax Business ...
TechCrunch
IEA Report Says World Heading For Oil Production Glut - Business ...
By Reuters
Oil Well LONDON, June 12 (Reuters) - The world is heading for a glut of refined products as new Asian and Middle East refineries increase oil processing in a move likely to force less advanced competitors in developed countries to close, the ...
Markets
California House Flipping Hits Record - Business Insider
By Rob Wile
The rate of flipping activity in California hit an all-time high in February and remains well above pre-recession levels.
Finance
The Tech World's Immature Hostility To Advertising - Business Insider
By Jim Edwards
Why having 100 million users is irrelevant if advertising would "spoil" the experience.
Advertising
'Anticapitalist' Citi Bike to Put SoulCycle Out of Business With ...
By Elaina Plott
The New York Times reported today on the latest anticapitalist development in the scourge that is Citi Bike. This morning Jim Pavia, surely an innocent, good person, stumbled upon a woman cheating the free-market system in all its ...
Observer

Web6 new results for Business
 
Business First ranks high schools | WIVB.com - Buffalo
BUFFALO, N.Y. (WIVB) - Buffalo's Nardin Academy High School once again is No . 1 in Business First's rankings of Western New York high schools.
www.wivb.com/dpp/.../Business-First-ranks-high-schools-201...
H.R. 634: Business Risk Mitigation and Price Stabilization Act of ...
House Vote #215 in 2013, in the United States Congress.
www.govtrack.us/congress/votes/113-2013/h215
Four Tips To Manage Receivables And Ensure You Get Paid ...
CRF Solutions' Business Development Manager, Jason Stine, breaks down how a company can better protect its accounts receivable.
business.transworld.net/.../four-tips-to-manage-receivables-and...
Disney's The Lone Ranger in IMAX Theatres - Business Exchange
The film is directed by Academy Award winner Gore Verbinski and starring Armie Hammer in the timeless title role and Johnny Depp as the iconic Tonto.
bx.businessweek.com/.../5322130158905714421-03ddcff1be...
State and Local Business Development Specialist - GovDelivery
Working in a team environment, the Business Development Representative is responsible for achieving sales and revenue goals through inside sales by ...
www.govdelivery.com/about-us/position/slt-bd
LIVE from the 2013 National Clean Energy Business Plan Competition
Tune in on energy.gov this Tuesday and Wednesday (June 11-12) for coverage of the 2013 National Clean Energy Business Plan Competition. Get more ...
energy.gov/live-2013-national-clean-energy-business-plan-co...


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