Aug 16, 2013

Google Alert - Business News

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Sony Grabs Lead in Race for Internet Pay TV Wall Street Journal
In the technology industry's race to build an online version of pay television, Sony Corp. just took the lead. The Japanese company has reached a preliminary deal with Viacom Inc. to carry the media giant's channels, such as MTV, Comedy Central and ...
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Permits Portend Prettier Picture for Home Builders Wall Street Journal
A 2.2% decline in July construction starts on U.S. single-family homes sounded a dour note for the housing recovery on Friday. A few analysts, however, contend that a pick-up is in the works for later this year. The basis for their position: Building permits.
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Boeing traces faulty fire extinguishers to supplier: WSJ Reuters
Fri Aug 16, 2013 1:50am EDT. (Reuters) - Boeing Co has traced the incorrectly assembled engine fire extinguishers on 787 Dreamliners to the manufacturing of bottles at a supplier's facility while saying there were no risks to flight safety, the Wall Street ...
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Rosalia Mera, Spain's richest woman and co-founder of Zara, dies at 69 Washington Post
Rosalia Mera, a seamstress who co-founded Zara, a clothing store in northwestern Spain that grew into one of the world's largest retail chains, has died. She was 69. Inditex, the owner of Zara, issued a statement confirming her death but did not provide further ...
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Pepsi-flavored Cheetos not too wacky to sell USA TODAY
SHARE 1111 CONNECT 182 TWEET 15 COMMENTEMAILMORE. Q: What's bright orange and fizzes? A: Pepsi-flavored Cheetos, of course. Huh? No, you can't buy them in the USA — at least, not yet — but the weirdly flavored combo snack is now being ...
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US consumer sentiment much lighter than expected in August CNBC.com
A shopper carries a purchase from Macy's along the Magnificent Mile shopping district in Chicago, Illinois. U.S. consumers, bracing for higher interest rates and slightly slower economic growth, were a bit less optimistic in August as sentiment retreated from ...
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For the Dow, the Week Goes From Bad to Worst New York Times
Stocks fell Friday, closing out what was the worst week of the year for the Dow Jones industrial average. The market was dragged lower by a weak performance from retailers and companies sensitive to higher interest rates. Home builders and banking stocks ...
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Wal-Mart Sees Forex Hurting Sales After $680 Million Hit Bloomberg
Wal-Mart Stores Inc. (WMT) said currency fluctuations cut second-quarter sales by $680 million and will weaken growth this year, adding pressure on the world's largest retailer as it struggles to overcome slower demand in the U.S.. Wal-Mart sees sales rising ...
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Moody's downgrades Cook County debt over pensions nwitimes.com
CHICAGO | Moody's Investors Service has downgraded Cook County's credit rating, citing an ongoing county and state pension crisis. The agency announced Friday it's lowering the rating on $3.7 billion in debt from Aa3 to A1. The new rating is still well within ...
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California adds 38100 jobs in July, but jobless rate rises to 8.7% Los Angeles Times
California employers added 38,100 jobs in July, but the unemployment rate rose slightly to 8.7%. The jobless rate was a slight uptick from 8.5% the month before, according to figures released Friday by the state Employment Development Department.
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