Jul 1, 2013

Google Alert - Business News

News27 new results for Business News
 
RBA Holds Rate at Record-Low, Aussie May Slide Further
Bloomberg
Australia's central bank left its key interest rate at a record low, saying a slide in the currency may continue. The local dollar declined. Governor Glenn Stevens and his board kept the overnight cash-rate target at 2.75 percent, the Reserve Bank of Australia said ...
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Oil near $98 as protests rock Egypt government
Businessweek
BANGKOK (AP) — Oil hovered near $98 a barrel Tuesday, underpinned by political unrest in Egypt that raised fears of disruption to global crude supplies. Benchmark crude for August delivery was down 3 cents to $97.96 a barrel at early afternoon Bangkok ...
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Uber to Lyft Win as BART Rail Strike Strands Bay Area Commuters
Businessweek
The San Francisco transit strike, which is forcing hundreds of thousands of commuters to stay at home or brave clogged roads, is turning into a boon for the on-demand ride industry rooted in the Bay Area's startup scene. Uber Technologies Inc. had 50 percent ...
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Walt Disney Extends Iger's Tenure as CEO Through June 2016 (3)
Businessweek
Walt Disney Co. (DIS) extended Robert Iger's tenure as chief executive officer of the world's largest entertainment company to June 2016, a move that delays his planned succession for 15 months. Iger, 62, will now continue in both the chairman and CEO ...
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Police: $500K in jewelry taken in smash-and-grab at Atlantic City's Borgata Casino
Washington Post
ATLANTIC CITY, N.J. — Police say approximately $500,000 worth of jewelry has been stolen in a smash-and-grab at a store in the Borgata Hotel amid the Atlantic City casino's 10th anniversary celebration. Atlantic City Police Sgt. Monica McMenamin says a ...
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Winklevoss twins plan $20m Bitcoin trust fund
BBC News
Tyler and Cameron Winklevoss, famed for their legal dispute with Facebook's Mark Zuckerberg, have unveiled plans to float a Bitcoin trust. The Winklevoss Bitcoin Trust will initially sell $20m (£13m) worth of shares to investors, according to a filing with the US ...
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As Dell Considers Fortified Offer, Icahn Is Bullish on PCs
CNBC.com
After an encouraging word on Monday from Dell welcoming Carl Icahn's newly fortified bid for the computer maker, the billionaire investor said now is a good time for a contrarian view on PCs. "There's a lot of drum-beating that the PC business is falling apart," ...
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Gold Extends Gains Into 3rd Session, China Demand Aids
CNBC.com
Gold inched up on Tuesday, stretching its gains into a third straight session as buyers in China continued to snap up deals after bullion's plunge to a three-year low last week. Prices were also helped by short covering that kicked in after gold logged its biggest ...
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Best Buy, Nokia, Tesla are big movers
Businessweek
A Credit Suisse analyst resumed his coverage of the electronics chain and raised its price target as it works on a turnaround plan. Steinway Musical Instruments Inc., up $4.85 at $35.28. The New York-based piano maker is being acquired by private equity firm ...
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EU charges banks with blocking exchanges from derivatives market
Washington Post
BRUSSELS — E.U. watchdogs have charged 13 top investment banks with blocking exchanges' access to the lucrative credit derivatives market, hitting the sector with the latest in a growing list of regulatory headaches. Monday's move by the European ...
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Hyatt and Union Agree on Terms
New York Times
WASHINGTON — Hyatt Hotels has reached a tentative contract with the union representing thousands of its employees, ending a four-year dispute that led to dozens of protests and a global boycott against the chain, based in Chicago. The agreement ...
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How Fed Avoids Deterring Bondholders With 7% Jobless Is Mystery
Bloomberg
Unemployment will fall to about 7 percent in the fourth quarter, according to economists at five of the world's largest banks, creating more confusion among investors about the Federal Reserve's bond-buying plans. Fed Chairman Ben S. Bernanke said last ...
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Changes urged after 5 near airline collisions
Wall Street Journal
WASHINGTON — Five near collisions — four of them last year — involving airliners that aborted landings prompted the National Transportation Safety Board to call Monday for changes in air traffic control procedures. In a letter to the Federal Aviation ...
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Loan Practices of China's Banks Raising Concern
CNBC.com
Text message solicitations began arriving on the mobile phones of many of China's wealthy last month, promising access to lucrative wealth management products with yields far above the government's benchmark savings rate. One message read: "China ...
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Former KPMG Partner Pleads Guilty in Insider Trading Case
New York Times
Scott I. London, a former senior partner with the accounting firm KPMG whose clients included Herbalife and Skechers USA, pleaded guilty on Monday before a federal judge in Los Angeles to a charge of securities fraud arising from his involvement in insider ...
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Obama's Affordable Care Act could lift a financial burden off Detroit
Detroit Free Press
As Detroit confronts a possible municipal bankruptcy, the forthcoming rollout of President Barack Obama's health care law could be the city's lucky break. Emergency manager Kevyn Orr has proposed moving younger retired city workers who do not yet qualify ...
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S&P 500 extends gains to year's second half on solid data
Reuters
By Angela Moon. NEW YORK | Mon Jul 1, 2013 6:43pm EDT. NEW YORK (Reuters) - Stocks ended higher on the first day of the third quarter on Monday, supported by signs of strength in manufacturing and construction sectors. But the major stock indexes ...
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Vatican Bank Director, Deputy Resign Amid Scandal
NPR
ROME (AP) — The director of the embattled Vatican bank and his deputy resigned Monday, the latest heads to roll in a broadening finance scandal that has already landed one Vatican monsignor in prison and added urgency to Pope Francis' reform efforts.
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Rocky June Sees Record ETF Withdrawals
Wall Street Journal
U.S.-listed exchange-traded funds saw their largest monthly cash outflow on record in June, as global stock and bond markets quaked over worries about central bank stimulus and China's slowing growth. Nearly $12 billion came out of ETFs in June, biggest ...
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Groupon climbs social ladder
USA TODAY
SAN FRANCISCO — Groupon continues to regroup — or at least give doubting analysts and investors a reason not to take a bat to its battered image. Today, the daily-discount service used by 42 million people unfurls Groupon Reserve, a tool that lets ...
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Corn Futures Swing After Reaching 32-Month Low; Wheat Rebounds
Bloomberg
Corn rebounded on expectations a drop to the lowest price in almost 32 months may spur demand and as supplies in the U.S., the biggest producer, declined before the next harvest. Wheat snapped its longest slump since 2005. Corn for December delivery ...
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FAA probes close call of Spirit jet, small skydiving plane over south Michigan
Detroit Free Press
The Federal Aviation Administration said Monday it is investigating a close call between a Texas-bound Spirit Airlines flight and a skydiving plane that forced the jetliner to dive sharply over Michigan, as screaming passengers feared the plane was going to ...
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Citigroup pays Fannie Mae $968 million to resolve mortgage claims
Washington Post
Citigroup announced Monday that it had agreed to pay mortgage finance giant Fannie Mae $968 million to resolve claims on 3.7 million home loans that have soured or may go bad. This is the latest win for Fannie Mae, which has been seeking compensation ...
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Apple plans Nevada solar farm in clean energy push for data centers
Reuters
Mon Jul 1, 2013 9:59pm EDT. (Reuters) - Apple Inc said it plans to build a new solar farm with NV Energy Inc for power supply to its new data center in Reno, Nevada, a major step towards its goal of having its data centers run on renewable energy. Apple and ...
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How Onyx Transformed Itself Into a Target
Wall Street Journal
Onyx Pharmaceuticals Inc. has been transformed from a struggling biotech company to a $10 billion acquisition target in just a few years, the result of gambles made by its hard-charging chief executive, N. Anthony Coles, who sued his company's partner and ...
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US Stocks Close Broadly Higher
Wall Street Journal
NEW YORK--Stocks kicked off July with a rebound from Friday's losses, as investors took a rosy view of a pair of U.S. economic reports on the heels of gains in overseas markets. The Dow Jones Industrial Average gained 65.36 points, or 0.4%, to 14974.96.
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Energy drinks go natural as market buzzes along
Wall Street Journal
ALBANY, N.Y. — Energy drinks are busting out of the convenience store cooler and into the health food aisle. As energy drink sales soar like a caffeine-fueled rocket, more drinks are promoting organic ingredients, added juices, natural caffeine and so-called ...
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Blogs11 new results for Business News
 
Ian Livingston Britain's New Trade Minister Faces Conflict of Interest ...
By Alan Gallindoss
Jewish Business News. Ben Bernanke. 2013 could be a very good year for the American economy. mcn. Headlines. US customers withdraw $4 billion from Israeli banks · July 2013 – A Harsh Summer Looming · Altair Semiconductor Raises ...
Jewish Business News
Factory activity expands in June - NashuaTelegraph.com
By [email protected] (The Nashua Telegraph)
And businesses cut back on their investment in machinery and equipment in the first quarter. "The ISM rebound suggested the worst may be past for the global trade slowdown that has contributed to a significant recent soft patch in U.S. ...
Nashuatelegraph.com: Local News,...
Tokyo calling: Positive business data from Japan — RT ... - RT News
By RT
While economic powerhouse neighbors China and India have had sobering news of decreased business demand and financial distress, sentiment in Japan's manufacturing sector has turned positive for the first time in two years.
News RSS : Today
Podcast: Why business will benefit from Insights as a Service ...
By Jenn Marston
More and more, businesses are turning to Insights as a Service as a way to answer questions surrounding their data. ... Podcast: Why business will benefit from Insights as a Service. By Jenn Marston ... News from the Mobilize Conference.
GigaOM
Hurco Acquires High Tech Italian Machine Tool Component Business
By Eddie Staley
Hurco Companies (Nasdaq: HURC), a leader in the development and manufacture of machine tools with integrated control technologies, announced today it has acquired the machine tool component business of LCM Srl, a designer and ...
Benzinga - Stock Market Quotes,...
Idaho business news in brief | Idaho Business Review
By IBR Staff
Short business news stories from around the state of Idaho.
Idaho Business Review
Buy Local Greater Kalamazoo celebrates independent local business
KALAMAZOO (WKZO) -- Buy Local Greater Kalamazoo has declared this to be.
wkzo.com
New Businesses Coming Soon to the Stateline - WIFR.com
Half a dozen empty buildings could have new owners by the fall.
WIFR - News - Headlines
Belfast Boutique Brightening Its Business With Solar Power - WABI ...
Your text to link...This Belfast boutique may be called "Coyote Moon," but it should probably change its name to Coyote Sun. "I've covered my whole roof with solar panels and I'm generating 50 ...
WABI News
Ghana Business News » Assembly retains Accra Mayor
By ekow
Search Ghana Business News ... General News · ICT · Tourism · Insurance · Investment · Oil And Gas · Politics · Sports · Feature Articles · Editorials/Opinion · Entertainment · Africa/International. You Are Here: Home » Politics » Assembly ...
Ghana Business News
42 brokers get NNPC's N50bn business - Vanguard
By mbgolu
Tuesday July 2nd, 2013. Tuesday July 2nd, 2013. Follow @vanguardngrnews · Vanguard News - Latest updates from Nigeria, including business, politics, entertainment, fashion. Breaking News. ASUU commences nation wide strike.
Vanguard News

Web7 new results for Business News
 
Business news roundup: Tribune buying 19 TV stations; new CEO at ...
Tribune said Monday that it reached a deal to buy Local TV Holdings' 19 TV stations for $2.73 billion in cash, significantly boosting its television business as it  ...
www.washingtonpost.com/.../cdc0001c-ddcf-11e2-b797-cbd4...
Business news in brief - Philly.com
Business news in brief. Travel Deals. $999 -- Punta Cana: 4-Star 'Dreams' Weeklong Trip from Philly. *. See all travel deals » ...
www.philly.com/.../20130629_Business_news_in_brief.html
Latest Business News: ThyssenKrupp Mulls Selling Part of ... - Yahoo!
Watch the video Latest Business News: ThyssenKrupp Mulls Selling Part of European Steel Business on Yahoo! Screen . Unnamed supervisory board sources ...
screen.yahoo.com/latest-business-news-thyssenkrupp-mulls-15...
Business news briefs: Alcoa to idle Italy smelter - Pittsburgh Post ...
Alcoa said it will take a second quarter restructuring charge of $30 million to $35 million, or about 3 cents per share, because of its decision to permanently idle a ...
www.post-gazette.com/.../business-news-briefs-alcoa-to-idle-it...
Politicians, regional business leaders rally for F-35 ... - Business News
BELOW: About the jet. ROCKFORD — The future of the F-35 Joint Strike Fighter and hundreds of local jobs are up in the air, literally, as Congress sorts out how ...
business-news.thestreet.com/rrstar/story/politicians...f.../1
China's Stocks Fall for First Time in Three Days as Banks Drop
The data matched the median forecast of 33 analysts in a Bloomberg News survey. A private PMI from HSBC Holdings Plc and Markit Economics was 48.2, the ...
washpost.bloomberg.com/Story?docId=1376...
Business Beat - York News-Times: News
Fremont native Dr. Marcus Paulson has taken over the practice at Absolute Health Chiropractic located at 216 East 7th Street, York. Dr. Paulson was born in  ...
www.yorknewstimes.com/.../article_010405a4-e2d0-11e2-adb...


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