Sep 3, 2013

Google Alert - Business News

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Microsoft reaches $7.2B deal for Nokia handset business USA TODAY
SHARECONNECT 289 TWEETCOMMENTEMAILMORE. Microsoft late Monday announced it is buying Nokia's smartphone and cellular handset business in a deal worth $7.2 billion. As part of the deal, Microsoft will own the company which has been a leader ...
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RBA Holds Key Rate at 2.5% Omitting Easing Scope; Aussie Gains Bloomberg
Australia's central bank left its benchmark interest rate unchanged and omitted a reference to scope for more easing, sending the nation's currency higher. Governor Glenn Stevens and his board kept the overnight cash-rate target at a record-low 2.5 percent, ...
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Larry Summers the next big risk for emerging markets? CNBC.com
Thought speculation about Federal Reserve tapering was bad for emerging markets? Then just wait to see what happens if Larry Summers is appointed as the next U.S. central bank chief, analysts say. They argue that if Summers replaces Ben Bernanke, ...
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Growth up in advanced economies, sluggish in emerging ones, OECD says Los Angeles Times
WASHINGTON -- Growth picked up in the second quarter in the U.S., Europe and other major advanced economies but has slowed in China and other key emerging nations, which will lead to sluggish global output, the Organization for Economic ...
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Toxic Leaks At Fukushima Reach Lethal Levels of Radioactivity Forbes
Japan's Nuclear Regulation Authority reported that new radiation readings at the troubled Fukushima Daiichi nuclear plant spiked more than 20% on Wednesday, according to Reuters. The nuclear regulator said readings had risen as high as 2,200 ...
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Planned LinkedIn $1 billion stock offer is for expansion, products Reuters
By Alexei Oreskovic. SAN FRANCISCO | Tue Sep 3, 2013 9:07pm EDT. SAN FRANCISCO (Reuters) - LinkedIn Corp said on Tuesday it will sell an additional $1 billion of its Class A common stock as the Internet company moves to bolster product ...
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Judge Dismisses BofA Suit Over Bear Stearns Funds Wall Street Journal
A federal judge Tuesday dismissed a Bank of America Corp. lawsuit alleging former Bear Stearns Cos. executives Ralph Cioffi, Matthew Tannin and Raymond McGarrigal misled the bank about the financial health of two funds that eventually collapsed and ...
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News Corp. sells Stockton Record, other community newspapers Los Angeles Times
News Corp. has sold its U.S.-based community newspaper group -- eight daily newspapers and 15 weeklies -- to an affiliate of Fortress Investment Group, an asset management firm. Financial terms were not disclosed. Rupert Murdoch's media company ...
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Jeffrey Bezos, Washington Post's next owner, aims for a new 'golden era' at the ... Washington Post
Jeffrey P. Bezos, the next owner of The Washington Post, says he doesn't have all the answers for what's ailing the newspaper industry or for the financially challenged news organization he is preparing to buy. But he says he's eager to start asking questions ...
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Yen Hits 1-Month Low Vs Dollar As Syria Strike Concerns Ease Wall Street Journal
The yen remained weak against other major currencies, hitting a one-month low against the dollar Tuesday in Asia as concerns waned over an imminent U.S. military strike on Syria, and speculation persisted that the U.S. Federal Reserve will start cutting ...
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