Oct 2, 2013

Google Alert - Business News

News 38 new results for Business News
Beanie Babies billionaire Ty Warner enters emotional guilty plea Chicago Tribune
Suburban Chicago businessman Ty Warner, a college dropout who became a billionaire after creating Beanie Babies collectibles, pleaded guilty Wednesday to tax evasion and apologized in a choked-up voice for hiding millions of dollars in a Swiss bank ...
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Fries King? Burger King touts faux name change USA TODAY
A Burger King PR stunt is doing the trick Wednesday -- there's a lot of social media buzz about the fast food giant's supposed name change to "Fries King." Burger King's website shows a redone company logo. An abstract, upright pouch of french fries ...
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Carl Icahn Says He's 'Not Threatening' Apple Over $150 Billion Buyback, But ... Forbes
Activist investor Carl Icahn met with Apple CEO Tim Cook over dinner last night to press the company to do an additional $150 billion share buyback, and said he will going to continue pushing the issue when the two talk again in three weeks. "Had a cordial ...
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Activist investor pushes Sotheby's CEO to resign USA TODAY
NEW YORK (AP) — Activist investor Daniel Loeb pushed Sotheby's Chairman and CEO William Ruprecht to resign in a scathing letter Wednesday, calling the New York auction house "an old master painting in desperate need of restoration." Loeb's Third ...
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Inside the battle to dominate the US auto market CNBC.com
Ford's better-than-expected September sales combined with an 11 percent dip in business last month for General Motors has closed the gap between America's top two automakers. In fact, General Motors outsold Ford by just 2,049 vehicles in the U.S. last ...
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Obamacare exchanges launch with huge volume of visitors CNBC.com
Launched Tuesday, the long-awaited online state insurance exchanges were promptly swarmed by millions of people looking to check out prices and sign up for coverage. But the surge temporarily stalled or froze many exchanges, including the ...
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Rosengren Says Budget Conflict Warranted Forgoing QE Taper Bloomberg
Federal Reserve Bank of Boston President Eric Rosengren, a consistent backer of record stimulus who votes on policy this year, said the Fed refrained from tapering its bond purchases last month because growth was lower than forecast and fiscal policy ...
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For housing, shutdown is 'freeze of the pipeline' CNBC.com
The government shutdown could wreak havoc on mortgage refinances. CNBC's Diana Olick has the details. The fight may be in Washington, but the effects of the government shutdown will ripple through every neighborhood in America—without a fully ...
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FBI shuts alleged online drug marketplace, Silk Road Reuters
By Emily Flitter. NEW YORK | Wed Oct 2, 2013 2:33pm EDT. NEW YORK (Reuters) - U.S. law enforcement authorities have shut down "Silk Road," an anonymous Internet marketplace for illegal drugs like heroin and cocaine and criminal activities such as ...
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ECB Leaves Key Interest Rate Unchanged at 0.5 Pct ABC News
The European Central Bank has kept its key interest rate at a record low 0.5 percent, holding off on more stimulus for the economy of the 17-member euro currency union as it monitors the tentative recovery. The ECB has said its low rates are already ...
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Washington Post finalizes $250 million sale to Bezos USA TODAY
The Washington Post now fully belongs to billionaire Jeff Bezos. The Washington Post Co., which had owned the paper, said Tuesday that it has finalized selling that part of the company to the founder and chairman of Amazon.com, a deal that was announced ...
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AFP
UTX may furlough 5K workers, blames shutdown USA TODAY
HARTFORD, Connecticut (AP) — United Technologies says it may furlough more than 5,000 workers if the government shutdown continues into next month. The company said Wednesday that its Sikorsky division, which makes Black Hawk helicopters, would ...
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Hyundai to defer payments due from US government staff BBC News
Hyundai Motor will defer payments due from US federal employees affected by the partial government shutdown. More than 700,000 employees face unpaid leave due to the shutdown which was triggered after the two houses of Congress did not agree on a ...
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APNewsBreak: Enterprise Holdings to hire 11000 News & Observer
FILE - In this Monday, Nov. 6, 2006, file photo, Sarah Street of Enterprise Rent-A-Car goes over the rental contract with Joe Sanford of Huntsville, Ala., in Romulus, Mich. Enterprise Holdings, the nation's largest rental car company, plans to hire 11,000 new ...
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FAA Panel Endorses Wi-Fi as Safe Wall Street Journal
An FAA advisory committee has concluded passengers can safely use hand-held electronic devices, including those connected to onboard Wi-Fi systems, during all portions of flights on nearly all U.S. airliners, according to one of the group's leaders.
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Exclusive: Microsoft investors push for chairman Gates to step down Reuters
By Nadia Damouni and Bill Rigby. NEW YORK/SEATTLE | Tue Oct 1, 2013 9:11pm EDT. NEW YORK/SEATTLE (Reuters) - Three of the top 20 investors in Microsoft Corp are lobbying the board to press for Bill Gates to step down as chairman of the software ...
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Re/Max, Burlington Stores Soar In Trading After IPOs RMAX BURL ESRT Investor's Business Daily
Re/Max Holdings (RMAX) and Burlington Stores (BURL) soared higher in midday trading on the stock market after making their initial public offerings, while Empire State Realty Trust (ESRT) moved only slightly higher. Denver-based Re/Max, a leading ...
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UPDATE 4-Oil falls below $108 on signs of better supply Reuters
Wed Oct 2, 2013 7:22am EDT. * U.S. crude, gasoline stocks rise in past week - API. * Libya crude oil output rises to 700,000 bpd - minister. * U.S. government shutdown likely to hurt consumer confidence. * Coming Up: U.S. oil stocks data due at 1430 GMT ...
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In a Public Offering, a Symbol of New York Gains a Symbol: ESRT New York Times
The Empire State Building's famous observatory is a key asset for its owner. Mary Altaffer/Associated Press The Empire State Building's famous observatory is a key asset for its owner. King Kong swung from it. Cary Grant and Deborah Kerr planned to meet at ...
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Shutdown Seen Merging With Debt-Limit Fight Amid Impasse Bloomberg
The partisan battles over the U.S. government shutdown and a potential debt default are beginning to merge into a single fiscal fight, raising the stakes for Republicans and Democrats to end the impasse. On the first day of the partial shutdown, lawmakers ...
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US takes 'extraordinary' measures to pay bills Financial Times
The US has begun implementing the "final extraordinary measures" to pay the nation's bills ahead of an October 17 deadline for Congress to approve new government borrowings, Treasury secretary Jack Lew told congressional leaders on Tuesday.
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Wells Fargo Said to Face New York Action Over Accord Compliance Businessweek
Pedestrians pass in front of a Wells Fargo & Co. bank branch in New York. Photographer: Scott Eells/Bloomberg. Wells Fargo & Co. (WFC:US) will face an enforcement action today by New York state over the bank's alleged failure to uphold terms of a $25 ...
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BlackBerry Filing Describes a Global Slide New York Times
OTTAWA — In a delayed regulatory filing issued on Tuesday evening, the smartphone maker BlackBerry revealed that customers are turning against its products in what had been its one remaining bright spot, the developing world. Bits ...
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White House Enlists Business Leaders to Pressure Republicans New York Times
Lloyd Blankfein, center, the chief executive of Goldman Sachs, walked with Keith Sherin Stephen Crowley/The New York Times Lloyd Blankfein, center, the chief executive of Goldman Sachs, walked with Keith Sherin, of GE Capital, to the White House for a ...
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US Stocks Rise Despite Government Shutdown Wall Street Journal
NEW YORK--Stocks rose on the heels of the first U.S. government shutdown in 17 years, as investors looked to Washington for signs of political compromise. The Dow Jones Industrial Average gained 32 points, or 0.2%, to 15161, in late-afternoon trading.
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Secretive Vatican Bank Publishes First Financial Accounts Wall Street Journal
ROME—The Vatican bank published its financial accounts Tuesday for the first time in its 126-year history, reflecting Pope Francis's push for greater transparency at the secretive and scandal-plagued financial institution. The move comes as the pope is ...
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US Stocks Finish Higher Wall Street Journal
Stocks rose despite the first U.S. government shutdown in 17 years, as investors looked on to Washington for signs of political compromise. The Dow Jones Industrial Average rose 62.03 points, or 0.4%, to close at 15191.70. The S&P 500 tacked on 13.45 ...
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FOREX-Dollar bounces from 8-mo low as US data offsets government shutdown Reuters
Tue Oct 1, 2013 11:52am EDT. * Dollar index drops to near 8-month low. * Dollar losses pared after strong ISM U.S. factory data. * Euro rises to 8-month high, Italy still seen a major risk. By Julie Haviv. NEW YORK, Oct 1 (Reuters) - The dollar edged lower but ...
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FOREX-Dollar off 8-mth low after manufacturing boost, budget row weighs Reuters
Wed Oct 2, 2013 12:47am EDT. * Strong ISM data helps to lift dollar off 8-month low. * Dollar seen under pressure given US political deadlock. * Euro helped by hopes Italy's govt survive confidence motion. * Eyes on ECB as investors expect LTRO later this ...
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Who Will Deliver the Electric Car? Wall Street Journal
Here's your morning jolt of news, insight and analysis on the global energy business. Send us tips, suggestions and complaints: [email protected] · Click here to receive this morning email newsletter. ARE CARS ELECTRIC? The electric car has been a ...
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Delta Launches New Seattle Service from West Coast Markets MarketWatch
SEATTLE, Oct. 1, 2013 /PRNewswire via COMTEX/ -- Delta Air Lines (NYSE:DAL) will offer new daily nonstop service to Seattle-Tacoma International Airport from San Francisco International Airport as well as increased service from Las Vegas' McCarran ...
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How Far Would You Go To Save Tax Dollars? You'd Be Surprised Forbes
How far would you go to save tax dollars? Probably not too far to save $5, but $1,000 or $100,000 might be different. Keep adding zeros and eventually you'll do just about anything. Whether you filed your taxes in April or are gearing up for October 15, taxes ...
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Bank CEOs to meet with Obama Wednesday CNNMoney
Wall Street CEOs will head to the White House to meet with President Obama on Wednesday, according to sources. Goldman Sachs' (GS, Fortune 500) Lloyd Blankfein will be among the group of CEOs meeting with the president in a visit organized by the ...
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Greenpeace: Russia to charge some activists on Wednesday for protest at ... Washington Post
MOSCOW — Greenpeace says it expects some of its activists detained for a protest at a Russian oil platform to be charged as early as Wednesday. It is not clear whether investigators still plan to charge them with piracy, a crime punishable by up to 15 years in ...
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ADP jobs report suddenly got a lot more important CNBC.com
The ADP private sector payrolls report, usually a warm up act for the U.S. government's monthly jobs report, takes center stage this week as the government shutdown leaves Wall Street with a dearth of economic data. The report will be issued at 8:15 a.m. ET ...
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Monsanto shares slip after Q4 loss, buyout news MarketWatch
NEW YORK (MarketWatch) - Monsanto Co. (NYSE:MON) reported its fiscal fourth-quarter loss widened to $249 million, or 47 cents a share, from $229 million, or 44 cents a share, a year earlier. The adjusted loss came in at 47 cents a share. Revenue rose to ...
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Major Averages Climb More Firmly Into Positive Territory London South East
WASHINGTON (Alliance News) - After moving moderately higher in early trading on Tuesday, stocks have seen some further upside over the course of the trading session. With the gains on the day, the tech-heavy Nasdaq has reached a new thirteen-year ...
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Furlough Freebies: Food, drinks and more WTOP (blog)
The federal government shutdown is here, and that means some places around town are offering freebies. Most of these deals are reserved for government workers only, but some are open to everyone. < Newest · 1 · 2 · Oldest >. Share. Make a comment ...
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