Jul 3, 2013

Google Alert - Business

News29 new results for Business
 
Gross Caught in TIPS Trap Gundlach Sidestepped in Tumble
Bloomberg
Three weeks before he called the end of the 30-year bull market in bonds, Bill Gross was buying inflation-linked Treasuries, a bet that money printing by the world's central banks would push up consumer prices. While Treasuries subsequently fell as he had ...
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Egypt crisis boosts oil prices
USA TODAY
Oil prices pushed closer to $102 a barrel on Wednesday — the highest level in over a year — as embattled Egyptian President Mohammed Morsi vowed not to resign hours before a deadline to yield to the demands of millions of protesters. Benchmark crude ...
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Portugal Resignation Rocks European Markets
Wall Street Journal
Portuguese bonds and stocks led heavy declines in European markets early Wednesday after Foreign Minister Paulo Portas resigned, triggering the worst political crisis since Portugal accepted an international bailout two years ago. Enlarge Image. image.
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HSBC Judge Approves $1.9 Billion Accord on Money Laundering
Businessweek
HSBC Holdings Plc (HSBA)'s $1.9 billion agreement with the U.S. to resolve charges it enabled Latin American drug cartels to launder billions of dollars was approved by a federal judge. U.S. District Judge John Gleeson in Brooklyn, New York, signed off July ...
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Euro Slides as Portugal Reignites Debt-Crisis Concern; Yen Gains
Businessweek
The euro weakened for a second day against the dollar as a slump in Portuguese bonds after the resignation of two ministers from the nation's government reignited speculation Europe's debt crisis is worsening. The 17-nation currency dropped the most in ...
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Hey, Java Junkie ... Starbucks Is Testing New Items
CNBC.com
As part of Starbucks' ongoing effort to broaden its portfolio, the company is testing several new beverages in some of its markets, including a "cold-foam mocha" and handcrafted sodas. The new mocha drink is available at some locations in Nashville, Tenn.
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Ford, Chrysler and GM see big sales gains
USA TODAY
Detroit's Big 3 automakers reported strong sales gains in June, compared to the same month a year ago. Ford reported a 13% driven by a 24% jump for the profitable F-150 pickups, Chrysler Group said sales were up 8% (its 39th consecutive monthly sales ...
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Olympus scandal: Former executives sentenced
BBC News
Three former executives of Olympus have been given suspended jail terms for their roles in an accounting scandal. Former chairman Tsuyoshi Kikukawa and executives Hisashi Mori and Hideo Yamada pleaded guilty last year to charges of falsifying accounts ...
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China probes foreign baby milk firms for price fixing
BBC News
China's top economic planning body has launched a probe into alleged price fixing by some foreign manufacturers of infant milk formula. The National Development and Reform Commission said it was investigating several foreign firms for possible anti-trust ...
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Topix Rises Fifth Day on Tiremakers as Yen Weakens Past 100
Businessweek
Japan's Topix index rose for a fifth day, capping the longest win streak since April after swinging most of the day, as tiremakers climbed after the yen weakened. Gains were limited as utilities led declines. A Topix (TPX) group tracking rubber manufacturers ...
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Australia Central Bank Signals More Rate Cuts Possible
Wall Street Journal
BRISBANE, Australia—Australia's central bank gave a strong signal that it may continue its long cycle of interest-rate cuts to help cushion the economy as a long mining boom slows and threatens jobs within the industry, in remarks that drove the nation's ...
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Avon sells jewellery unit for a fraction of original price
Reuters
July 3 | Wed Jul 3, 2013 2:22am EDT. July 3 (Reuters) - Avon Products Inc has sold its Silpada Designs jewellery business for $85 million, three years after buying it for $650 million, to focus on its core beauty products business. The decision to sell to ...
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Michael Dell Is Said to Be Encouraged by Board to Raise Offer
New York Times (blog)
Michael Dell, the founder of the computer company that bears his name. Kimihiro Hoshino/Agence France-Presse — Getty ImagesMichael Dell, the founder of the computer company that bears his name. Michael S. Dell may have to dig deeper into his pockets ...
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Outerwall CEO on ecoATM Deal, Redbox Content
Fox Business
Outerwall, CEO J. Scott Di Valerio on the company's acquisition of ecoATM that allows consumers to trade in old smartphones for cash at kiosks and t... Duration 4:59; Date Jul 2, 2013. Advertisement ...
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US delays key healthcare mandate
Financial Times
The Obama administration has delayed for one year the implementation of one of the most onerous new healthcare mandates on business, marking a major concession to critics of the landmark reform law. The Treasury department announced late on ...
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United Healthcare to exit California's individual insurance market
Insurance Business Review
Health insurer United Healthcare has decided to stop marketing of individual insurance policies in California after 2013 as it intends to concentrate on its core business of group plans for large and small employers. Commenting on the United Healthcare exit ...
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American Realty seeks No.2 spot in net leases with $3.1 billion buy
Reuters
By Sagarika Jaisinghani. Tue Jul 2, 2013 11:09am EDT. (Reuters) - American Realty Capital Properties Inc (ARCP.O) (ARCP) said it would buy American Realty Capital Trust IV (ARCT) for $3.1 billion as it seeks to become the second-largest operator in the ...
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UPDATE 2-Constellation Brands misses Wall St forecasts, raises outlook
Reuters
Tue Jul 2, 2013 9:47am EDT. * Quarterly earnings of $0.38 a share; analysts expected $0.40. * Constellation lifts full-year profit outlook to $2.60-$2.90 a share. * Shares edge lower (Adds analyst comment, background, byline). By Martinne Geller.
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US HOT STOCKS: Achillion, Linn Energy, Mead Johnson, Zynga
Wall Street Journal
U.S. stocks were trading higher Tuesday, as the Dow Jones Industrial Average added 35 points to 15010, the Standard & Poor's 500-stock index rose six points to 1621, and the Nasdaq Composite gained nine points to 3443. Among the companies with ...
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Gartner halves IT spending forecast as PC sales shrivel
CRN - UK
The ailing PC market has partly led Gartner to more than halve its global IT spending forecast for 2013. Last quarter, the analyst reckoned worldwide IT spending would jump 4.1 per cent this year, but today chopped the prediction down to just two per cent ...
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SanDisk buys dose of the SMARTs for $307m
Register
SSD supply consolidation is starting to speed up, with SanDisk buying SMART Storage Systems for $307m, representing a nice exit for investment fund Silver Lake, and following on from last week's acquisition of sTec by WD for $340m. Fresh from investing in ...
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Onyx Snubbing Amgen Paves Way for 89% Premium: Real M&A
Bloomberg
Onyx Pharmaceuticals Inc. (ONXX), which surged more than 50 percent after rejecting a bid from Amgen Inc., is betting that potential suitors from Bayer AG (BAYN) to Bristol-Myers Squibb Co. (BMY) are willing to offer even more. Onyx said the $120-a-share ...
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US Factory Orders Rise 2.1%
Wall Street Journal
WASHINGTON—Demand for U.S. factory goods rose in May, the latest sign that businesses are stepping up spending after a sluggish winter. Total factory orders rose by $9.9 billion, or 2.1%, to a seasonally adjusted $485 billion in May from the prior month, ...
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AMR-US Airways Deal Probed by 19 States Led by Texas
Bloomberg
US Airways Group Inc. (LCC)'s proposed $11 billion merger with AMR Corp.'s American Airlines will be probed for its effect on consumers and competition by 18 state attorneys general led by Texas. "We can confirm that Texas leads among states in the ...
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Truck Gets Stuck in Golden Gate Toll Plaza
ABC News
Several lanes of the freeway that carries traffic south into San Francisco had to be closed after a tractor-trailer got stuck while trying to pass through the Golden Gate Bridge toll plaza. Bridge spokeswoman Mary Currie says the front of the truck became wedged ...
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DC area sees stronger 12-month job growth, but unemployment rate rises
Washington Post
The Washington region added 48,500 jobs between May 2012 and May 2013, the Labor Department reported, its strongest year-over-year job growth since the one-year period that ended in September 2011. Even as the region added jobs, its unemployment ...
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Bitcoin Exchange-Traded Offering Seen Facing Tough Regulatory Scrutiny
Wall Street Journal
With their plan to launch a bitcoin exchange-traded investment offering, Cameron and Tyler Winklevoss aim to get more investors involved in the digital currency and expand its credibility. But their virtual currency offering faces a real world problem: regulators.
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Packing a picnic for this year's 4th? $6 per head
Sumter Item
FILE - In this Wednesday, July 4, 2012 file photo, Chris Andreski grills hamburgers and hot dogs in Arlington, Va. while waiting for the start of the Independence Day fireworks celebration over the National Mall in Washington. The American Farm Bureau ...
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Cohen's $15 billion SAC Capital up 1.5 pct in June -source
Reuters
NEW YORK, July 2 | Tue Jul 2, 2013 9:47am EDT. NEW YORK, July 2 (Reuters) - Steven A. Cohen's $15 billion hedge fund SAC Capital Advisors posted a 1.5 pct gain in June, according to an investor familiar with the numbers. For the year, that SAC Capital ...
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Blogs14 new results for Business
 
Don Mattrick: Zynga's New CEO 'Lives Like A ... - Business Insider
By Jay Yarow
Don Mattrick owns the biggest house in British Columbia. ;
Business Insider
3 Business Reasons to Upgrade to LinkedIn Premium | Social Media ...
By Melonie Dodaro
LinkedIn Premium: Here's what you need to know to decide whether LinkedIn Premium membership is right for you and your business.
Social Media Examiner
Henry Liebman Catches Record Rockfish - Business Insider
By Dina Spector
Seattle man Henry Liebman caught a 39-pound shortraker rockfish that could be 200 years old.
Business Insider
iWatch Trademarks - Business Insider
By Steve Kovach
Among rumors that Apple is working on a smartwatch that can connect to your smartphone, the company has filed the "iWatch" trademark in a handful of countries in recent weeks. The filings have fueled speculation that Apple's smartwatch is a ...
Tech
Mongolian Neo-Nazis rebrand as environmentalists to harass ...
By Michael Bastasch
Mongolian neo-Nazis have latched on to environmentalism as a way new way to fight the influence of foreigners in the country.
The Daily Caller
Witness Says Bulger Took Cut Of Cocaine Business, Then All Of It ...
By By EDMUND H. MAHONY, emahony@courant.com
A fast-talking former cocaine dealer hit James "Whitey" Bulger's image as benevolent protector of South Boston when he described in court how the gangster first took a cut of his business and, later, took it entirely.
Breaking - Courant.com
Social Inequality in America: Enrichment of Business Executives ...
By World Socialist Web Site
The 200 highest paid CEOs at US public companies with revenue above $1 billion received a median compensation package of $15.1 million in 2012, 16 percent higher than the previous year, according to a report published Sunday by the ...
ExcitingAds! Research
Andrew Mason's New Motivational Business Album Is Now ...
By Josh Wolford
As promised, now available for your streaming pleasure (on iTunes, Spotify, and a few other services) is Hardly Workin', ex-Groupon CEO Andrew Mason's album of what he calls "motivational business music." It's a seven-track album that runs ...
WebProNews
Turning Point | Esteban Cortazar, Comeback Kid - The Business of ...
By Lisa Wang
Before the debut of his second capsule collection with Net-a-Porter, set to launch on July 17th, designer Esteban Cortazar spoke to BoF about why leaving Ungaro was the best decision of his life, his new business model, and why slow and ...
BoF - The Business of Fashion
Business in brief - Business - Jamaica Gleaner - Tuesday | July 2 ...
Apple files for 'iWatch' trademark in JapanApple Inc has applied for a trademark in Japan for.
Jamaica Gleaner :: Business
Winklevoss twins file for $20 million Bitcoin IPO — RT Business
By RT
Tyler and Cameron Winklevoss, the key backers of Bitcoin, have filed with the US Securities and Exchange Commission (SEC) to set up an exchange – traded fund for the virtual currency to popularize it, and allow it to be traded like stocks or ...
News RSS : Today
Obama's Kenya snub rattles local business | The World
By Katrina Manson
On his three-nation tour of Africa, US president Barack Obama has made a big play for business with the US. "We are looking at a new model that's based not just on aid and assistance but on trade and partnership," he told reporters beside ...
The World
Viber is Testing a New Business Model: Hijacking your Cellular Calls
By Geektime
Viber recently announced reaching 200 million users of their service. The company's current growth is particularly impressive, with data showing half a million new users joining the service every day.
The Next Web
Huntsville Stars' gun cancellation more about business than ...
By Mark McCarter | mmccarter@al.com
Promotion with gun store shot down by baseball "governing bodies"
Real-Time News from Huntsville

Web2 new results for Business
 
Macquarie Uni launches business analytics degree | ZDNet
A Bachelor of Business Analytics is being offered by Macquarie University's Faculty of Business and Economics, rather than the Department of Computing.
www.zdnet.com/macquarie-uni-launches-business-analytics-de...
Chinese banks' net profits expected to grow 10% in 2013: report ...
BEIJING, July 3 (Xinhua) -- The net profits of China's banks are expected to grow by 10 percent this year, the China Securities Journal reported Wednesday.
english.sina.com/business/2013/0702/604898.html


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