Aug 12, 2013

Google Alert - Business News

News 10 new results for Business News
New York Attorney General Sues High-Interest Lender New York Times
New York State's top prosecutor filed suit on Monday against an online lender that offers short-term loans at interest rates of more than 300 percent, the latest warning shot in a sweeping battle by state authorities to enforce local interest rate caps.
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US Subpoenas Goldman in Inquiry of Aluminum Warehouses New York Times
Goldman Sachs has been subpoenaed by federal regulators investigating complaints that the financial giant's metals warehouses have intentionally created delays and inflated the price of aluminum.
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Stocks: Wal-Mart earnings, housing in play this week CNNMoney
Investors are hoping that a fresh batch of economic data will breathe life back into stock markets this week. All three major indexes shed about 1% last week. However, the market hasn't lost much of its momentum. The Dow Jones Industrial Average, S&P 500 ...
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Asian Stocks Outside Japan Rise as China Developers Gain Bloomberg
Asian stocks outside Japan rose as Chinese property developers and commodities companies climbed. Japanese shares fell after growth in the world's third-largest economy slowed more than forecast. Raw-materials suppliers led gains on the regional ...
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WTI Fluctuates After Week's Biggest Gain as Hedge Funds Cut Bets Bloomberg
West Texas Intermediate crude swung between gains and losses after the biggest rally in more than a week as hedge funds cut bullish bets. Futures fluctuated in New York after surging 2.5 percent on Aug. 9, the most since Aug. 1. Money managers reduced ...
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In Battle to Protect Power Grid, Trees Often Lose ABC News
An aggressive, national tree-trimming campaign since the blackout of 2003 appears to have had the intended effect. But the applause over the power-industry equivalent of a buzz cut isn't rising from at least one part of the republic: tree lovers. In 2010, a Blair ...
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Retirees fret over lack of safety net for city pensions The Detroit News
'I worked for the city because you had a pension ... I always thought it was a good thing, never thinking that this trouble would ever develop,' says William Schultheis. (Brandy Baker/The Detroit News). When the company that holds Janet Ley's pension ran into ...
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Penney Board Assails Director Wall Street Journal
J.C. Penney Co.'s board is weighing whether to take action against William Ackman, a director and the company's largest shareholder, after the hedge-fund manager publicly released confidential boardroom deliberations in two separate salvos last week, ...
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Regulator Examines Bitcoin Practices Wall Street Journal
New York's top banking regulator has issued subpoenas to roughly two dozen companies associated with bitcoin as part of a wide-ranging inquiry into the business practices of the fledgling virtual-currency industry, according to people familiar with the matter.
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Morning MoneyBeat Asia: US Stocks Listlessly Drift to Mixed Finish Wall Street Journal
Market Snap: At the New York close: S&P 500 down 0.12% at 1689.47. DJIA down 0.04% at 15419.68. Nasdaq Comp up 0.27% at 3669.95. Yield on 10-year Treasury increased to 2.605%. Nymex crude oil up 0.1% at $106.11. Gold up 1.7% at ...
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