Oct 21, 2013

Google Alert - Business News

News 39 new results for Business News
'The Map and the Territory' by Alan Greenspan New York Times
Alan Greenspan, the former Federal Reserve chairman, writes in his new book, "The Map and the Territory," that he has been thinking about bubbles since the financial crisis of 2008. Specifically, he has been trying to understand why he and so many other ...
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Netflix shares jump as earnings quadruple USA TODAY
Netflix, the video streaming service provider, said Monday that its net income more than quadrupled as its membership topped 40 million worldwide. Its net income rose 315% to $31.8 million for the quarter that ended Sept. 30. Earnings per share of 52 cents ...
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Sales of Existing Homes Declined by 1.9% in September New York Times
WASHINGTON — Americans bought fewer existing homes in September than in the previous month, held back by higher mortgage rates and rising prices. The New York Times. The National Association of Realtors said on Monday that sales of previously ...
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Stocks close mixed; S&P 500 at all time high USA TODAY
Stocks kicked off the week little changed Monday but the Standard & Poor's 500 index was able to edge up to close at a new all time high. The S&P 500 rose 0.16 point to close at a record high of 1,744.66. The Dow Jones industrial average fell 7.45, or 0,1%, ...
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JC Penney Pares Ties to Martha Stewart, Returns Shares Bloomberg
In December 2011, Ron Johnson hailed J.C. Penney Co.'s $38.5 million investment in Martha Stewart Living Omnimedia Inc. as "transformational." Almost two years later, Johnson is gone as chief executive officer and J.C. Penney today rolled back an ...
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U.K. Payouts to Soar to Record $165 Billion in 2014 Bloomberg
Dividend payments by U.K. companies will soar to a record 101.8 billion pounds ($165 billion) next year, boosted by a special payout from Vodafone Group Plc (VOD), a Capita Plc (CPI) unit said. That will be a 28 percent increase from the level in 2013, when ...
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Survey: US Economists Upbeat on Economic Growth ABC News
Despite uncertainty in Washington and rising oil prices and interest rates, companies are upbeat on the prospects for economic growth in the next year, according to a quarterly survey of business economists. But economists surveyed by the National ...
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EDF Agrees to Build U.K.'s First Nuclear Plant Since 1995 Bloomberg
Electricite de France SA will build the U.K.'s first nuclear reactors since 1995 after reaching a deal with the government on guaranteed prices for the power they'll generate. EDF, together with partners Areva SA (AREVA) and two Chinese nuclear companies, ...
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UPDATE 1-SAP warns exchange rate effects could hit Q4 Reuters
Mon Oct 21, 2013 1:39am EDT. * Q3 operating profit 1.3 bln euros, in-line with estimates. * Currency hit on Q4 oper. profit growth could be 7 pct pts. * Impact on software/services revenue could be 5 pct pts. FRANKFURT, Oct 21 (Reuters) - German business ...
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Philips Profit Beats Estimates on China Health-Care Demand Businessweek
Royal Philips NV (PHIA), the world's largest lighting manufacturer, reported third-quarter profit that beat analyst estimates as growing health-care orders in China offset slowing demand from Europe. Earnings before interest, taxes, amortization and one-time ...
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McDonald's earnings up slightly; wings not mighty in sales Los Angeles Times
McDonald's released its third quarter earnings Monday and reported a 5% increase in profits from last year, but the company anticipates a "relatively flat" outlook for October and it appears those Mighty Wings are not living up their name in sales. McDonald's ...
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Internet leads to dates and relationships, Pew says USA TODAY
Online dating and its newer relative — mobile dating apps — are increasingly a go-to option to meet a romantic partner, according to a Pew Research Center report that finds 11% of American adults have used either. Among those who have, 66% have gone ...
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AFP
Gannett net income falls 40% on lower ad sales USA TODAY
Gannett, a media company that owns TV stations and newspapers nationwide including USA TODAY, said Monday its third quarter net income fell 40% from a year ago to $79.7 million as advertising sales fell at its publishing and broadcasting divisions.
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Obama to call healthcare website glitches 'unacceptable' as fix sought Reuters
By Jeff Mason and Lucia Mutikani. WASHINGTON | Sun Oct 20, 2013 6:13pm EDT. WASHINGTON (Reuters) - President Barack Obama will declare the glitches in a new healthcare website "unacceptable" on Monday and outline ways for consumers to sign ...
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Starbucks Draws Criticism From China State TV for High Pricing Bloomberg
Starbucks Corp. (SBUX), the world's largest coffee chain, drew criticism from China Central Television for pricing products in the country above other markets, the latest international brand to draw scrutiny from state-run media. The company is among foreign ...
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In more homes, the roof overhead is rented USA TODAY
In the aftermath of a historic housing bust, rented single-family homes are on the rise in communities from coast to coast. At least a fifth of all occupied single-family homes were rentals last year in 32 of the nation's top metropolitan regions, according to a USA ...
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10 Things to Know for Tuesday Houston Chronicle
Obama acknowledges widespread problems with Affordable Care Act enrollment, even as software developers said they saw signs of trouble months ago. 2. ANOTHER ALLY IRATE OVER NSA REPORT. France demands an explanation over a news story ...
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China Formally Arrests Rich Activist Businessman TIME
(BEIJING) — Chinese authorities have formally arrested a wealthy Chinese businessman who was a key supporter of a civil society group that's been the target of a wide-ranging crackdown this year, his lawyer said Monday. Beijing prosecutors approved the ...
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Big JPMorgan settlement coming soon FierceFinance
Attorney General Eric Holder broke precedent by directly negotiating a massive settlement with JPMorgan Chase CEO Jamie Dimon. The talks have been heated for at least a week, with both sides pressing their final points. Apparently, the two have broken a ...
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Japan pushes back cleanup of towns contaminated by radiation from crippled ... Washington Post
TOKYO — Radiation cleanup in some of the most contaminated towns around Fukushima's nuclear power plant is far behind schedule, so residents will have to wait a few more years before returning, officials said Monday. Environment Ministry officials said ...
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Markets flat-footed ahead of run of US economic data, corporate earnings Washington Post
LONDON — Financial markets were flat-footed Monday at the start of a busy week that will see a number of key economic releases published and the U.S. corporate earnings reporting season pick up steam. Oil was the standout mover as the benchmark rate ...
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Akzo Profit Beats Estimates as Efficiency Drive Gains Traction Businessweek
Akzo Nobel NV (AKZA), the Dutch maker of chemicals and Dulux paint, reported third-quarter profit that beat analysts' estimates as costs to improve its household paint business eased and planned savings began to trickle in. Earnings before interest, taxes, ...
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China Inc. Battles Big Oil for Century's Biggest Find Bloomberg
For Chinese oil companies, competing in Brazil's auction today for the giant Libra field represents a change in strategy. A successful bid would be their riskiest Latin American investment. Cnooc Ltd. (883) and China National Petroleum Corp. are among ...
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BOJ Raises Views on All 9 Regional Econs for First Time Since April Wall Street Journal
TOKYO--The Bank of Japan Monday raised its view of all nine of the country's regional economies, marking the second across-the-board upgrade in the central bank's assessment of local economies this year. The upward revision reflected "some ...
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Facebook, Google set new privacy boundaries: Your Say USA TODAY
Recent changes in policies for Google ads and Facebook privacy features sparked a discussion online. Comments from Facebook are edited for clarity and grammar: The lack of privacy is why I have stopped using Google services. Google scans my e-mails ...
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Chinese city blanketed in heavy pollution AFP
Beijing — Choking clouds of pollution blanketed a Chinese city famed for its annual ice festival Monday, reports said, cutting visibility to 10 metres (33 feet) and underscoring the nation's environmental challenges. Footage from Harbin on state broadcaster ...
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AFP
Former UBS Official Is Arrested in Tax Probe Wall Street Journal
Raoul Weil, once the No. 3 official at Switzerland's UBS AG, has been arrested in Italy based on an Interpol notice requested by U.S. authorities, according to a U.S. official. The U.S. plans to seek his extradition from Italy to face charges of helping conceal ...
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Young people key to health care act USA TODAY
ROCHESTER, N.Y. -- Stefan Glover of Canandaigua, N.Y., is 27 and in a vise. Worse, it's tightening. First, he's paying off between $20,000 and $30,000 in college loans. "I'll be paying that off for a long time," he said, with a note of weary obligation in his voice.
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NPR
Earnings peak week to overshadow economic data MarketWatch
Investors will be able to focus more on corporate fundamentals as third-quarter earnings season enters its peak week without the distractions of a government shutdown or pending U.S. debt default. See full story.
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Why Europe's banks tremble UPI.com
DUSSELDORF, Germany, Oct. 21 (UPI) -- Europe's banks and financial officials are all awaiting, in a mix of hope and trepidation, to learn just how the European Central Bank proposes to assess the solvency of Europe's banks. The procedure goes by the ...
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Silk Road shutdown doesn't spell the end for Bitcoin Sydney Morning Herald
After a torrent of bad news, the digital currency Bitcoin has survived to fight another day. According to one economist, the next battle is likely to be with the government. Bitcoin is an open-source, decentralised, digital currency, whose production is designed to ...
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J.C. Penney to open at 8 p.m. on Thanksgiving The Missoulian
J.C. Penney plans to open its stores at 8 p.m. on Thanksgiving Day, matching Macy's new time. Last year, Penney stores opened at 6 a.m. on Black Friday, missing early shoppers who went to Macy's and Kohl's for their midnight openings. Then-CEO Ron ...
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Pressure Mounts on Nissan as UAW Targets US Plant IndustryWeek
The UAW has never managed to organize workers at the plants of foreign automakers except in a handful of joint ventures with unionized General Motors, Ford or Chrysler. Oct. 20, 2013 Agence France-Presse · EMAIL · Tweet. Comments 0. The UAW 's efforts ...
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Stock indexes at new record highs optionMONSTER Research
The S&P 500 added 11.35 points to close at 1744.50, a record high close. It climbed pretty much all day into the afternoon and finished just off the session high of 1745.31. It has support at 1660. The Nasdaq 100 surged 52.60 points to 3353.88, a new 13-year ...
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Yahoo's 3Q earnings, revenue drop Las Vegas Sun
Yahoo's latest quarterly results show the Internet company is regaining its appeal among investors a lot faster than with the online advertisers who generate most of its revenue. The numbers released Tuesday are the latest to underscore CEO Marissa Mayer's ...
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How J.C. Penney Can Avoid Bankruptcy DailyFinance
Not too long ago, J.C. Penney , down 62% so far this year, was one of the strongest American department store chains on the market. Founded in 1902, J.C. Penney survived the Panic of 1907, the Great Depression in the 30's, and even the post-Lehman ...
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Great American desert Hutchinson News
For years, Kansas and Nebraska have squabbled over water, because for years Nebraska irrigators have pumped too much water from the massive Ogallala Aquifer. The result has been reduced streamflow in the Republican River, which feeds from ...
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NPR
China home sales to rise at least 11pc this year as wealthy buy, says Sunac South China Morning Post
Mainland developer Sunac China, in which United States buyout firm Bain Capital holds a stake, expects home sales to rise at least 11 per cent this year amid strong demand from rich buyers. The developer's home sales would exceed 50 billion yuan ...
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US Airways: Europe expansion from Charlotte Routes News
US Airways is planning a major transatlantic expansion from its Charlotte hub next year, including year round service to Barcelona. Widebodies and blurred lines. In an exclusive report, OAG's Mark Clarkson looks at how new aircraft types and the rise of the ...
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