Oct 23, 2013

Google Alert - Business News

News 38 new results for Business News
China factories power ahead CNN
China's factory activity accelerated in September, the latest sign that the world's second-largest economy is on solid footing. HSBC said on Thursday that its "flash" measure of sentiment among manufacturing purchasing managers advanced to 50.9 in October ...
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AFP
Funding Circle, British Peer-to-Peer Lender, Expands to US New York Times
When the soccer team F.C. Barcelona asked Nick Daffern whether his company could set up some merchandise kiosks at its legendary stadium, the Camp Nou, the British businessman knew he had to find some cash fast to fulfill the order. Within 10 days, he ...
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SEC to propose monumental crowdfunding rules on Wednesday Washington Post
It was supposed to take 270 days. Instead, it has taken about twice that long. On Wednesday, though, federal regulators will come one step closer to allowing people to purchase equity in start-ups through new online "crowdfunding" marketplaces. A protester ...
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Pinterest Raises Another $225 Million, Valued at $3.8 Billion Wall Street Journal
The popular site for "pinning" collections of online images said Wednesday it raised $225 million from Fidelity Investments and other investors in a round of financing valuing it at $3.8 billion. The latest round brought Pinterest's total fundraising to $564 million ...
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Oracle's Big Machines Acquisition Predicts The Future Of Cloud Selling ... Forbes
Oracle's acquisition of leading Configure Price Quote (CPQ) provider Big Machines today validates that enterprises are increasingly adopting cloud-based applications to accelerate their selling efforts. Of the many strategies enterprises can pursue to increase ...
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New Zealand Moving to 3 Days a Week Mail Service ABC News
Mail will soon be delivered to suburban New Zealand homes just three days a week as the country's postal service responds to the rise of smartphones and the decline of letters. On Wednesday, the government agreed to a steep reduction in the six day a ...
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Buffett Says Dimon Had to Bare Throat in Submission Bloomberg
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc. (BRK/A), said JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon has little room to bargain as regulators probe the sale of faulty mortgage bonds. "If you're a financial ...
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Chinese paper urges release of journalist who reported provincial company's ... Fox News
BEIJING – A Chinese newspaper made a rare front-page appeal for police to release one of its reporters after he was detained for writing reports alleging financial misdeeds at a large construction equipment company. The New Express newspaper on ...
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Starbucks debuts Teavana bar, and it's a doozy USA TODAY
You can get a cup of tea at a Starbucks, but you can't get a cup of coffee at the chain's first teahouse, Teavana Fine Teas + Tea Bar that opens on Thursday in Manhattan. That's how serious Starbucks is about selling lots of fancy tea at the chichi teahouse ...
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Boston Scientific Will Cut 1100 to 1500 Jobs by 2015 Bloomberg
Boston Scientific Corp., the second-biggest maker of heart devices, plans to fire an additional 1,100 to 1,500 workers through 2015 as part of a new restructuring program, the company said in a regulatory filing. The reorganization builds on a program ...
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Pace of US job growth slows Los Angeles Times
WASHINGTON — The job market weakened in September amid a slowdown in key growth engines such as healthcare and leisure — a worrisome sign given that the employment picture probably worsened this month with the partial federal government ...
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NPR
Jobless rate drops to 7.2 percent The Lawton Constitution
WASHINGTON Employers added a disappointing 148,000 jobs in September but the unemployment rate trickled down a touch to 7.2 percent, the government said Tuesday in a closely followed report more than two weeks late because of the partial ...
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Obamacare Crashes Months in Coming Not Easily Repaired Bloomberg
In the weeks before the start of Obamacare, officials failed to complete exhaustive testing of the program's website in a push to begin signups by Oct. 1, according to people involved in the rollout. The federal Healthcare.gov site -- which has been plagued by ...
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NPR
BofA Said to Face Three More Probes of Mortgage-Bond Sales Bloomberg
Bank of America Corp., sued by U.S. attorneys in August over an $850 million mortgage bond, faces three more Justice Department civil probes over mortgage-backed securities, according to two people with direct knowledge of the situation. U.S. attorneys ...
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Heineken N.V. reports 2013 third quarter results MarketWatch
(Thomson Reuters ONE via COMTEX) -- Amsterdam, 23 October 2013 - Heineken N.V. today announced its trading update for the third quarter of 2013. HIGHLIGHTS. - Group revenue: +1% reported; +0.4% on an organic basis. - Group revenue per hectolitre ...
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Boeing To Boost Dreamliner Output, Stock Takes Flight BA Investor's Business Daily
Boeing (BA) stock climbed to a fresh high Wednesday after the aerospace giant reported strong commercial plane demand and plans to increase production of the 787 Dreamliner. Boeing said third-quarter earnings jumped 33.3% to $1.80 per share. Analysts ...
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Tracking the settlement money due to FHFA Washington Post
The Federal Housing Finance Agency, which regulates Fannie Mae and Freddie Mac, has been waging a battle to recoup billions of dollars in mortgage-securities losses suffered by the lending giants. And the fight is starting to pay off. In the past year, three of ...
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Dollar Index Busts Support Toward 1-Year Low: Technical Analysis Bloomberg
The Dollar Index may decline to its lowest level in more than 13 months after weaker-than-forecast payroll data pushed the gauge below a key support level, according to JPMorgan Chase & Co., citing technical indicators. The benchmark gauge may ...
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ECB sets out bank health test plans before new supervisory role Reuters
By Eva Taylor. FRANKFURT | Wed Oct 23, 2013 5:37am IST. FRANKFURT (Reuters) - The European Central Bank will outline on Wednesday how it plans to scrutinize top euro zone lenders before becoming their supervisor in a new role that puts its ...
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Spain's Recession Over _ Cold Comfort for Jobless ABC News
Spain's crushing two-year recession ended in the third quarter, the central bank said Wednesday. But the reality on the ground remained grim, with unemployment expected to take years to drop from record highs and the young emigrating to find a future.
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Corning and Samsung Strengthen Strategic Collaborations Wall Street Journal
CORNING, N.Y., October 22, 2013 - Corning Incorporated (NYSE: GLW) announced today that it is entering into a series of strategic and financial agreements with Samsung Display Co., Ltd., intended to strengthen product and technology collaborations ...
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US Shale Producers Drilling Bigger, Faster Wells Wall Street Journal
The U.S. boom in oil and natural gas shows no signs of petering out, new data show, despite doubts raised by rival countries. New statistics from the federal government suggest the industry is becoming more efficient: Companies have figured out ways to use ...
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BOE's Bean Says Markets Don't Get Rate Pledge Wall Street Journal
LONDON—Investors and traders have failed to understand that movements in the Bank of England's benchmark interest rate will be driven purely by domestic economic developments and not the actions of the U.S. Federal Reserve, a senior Bank of England ...
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Activist investor Carl Icahn sells Netflix shares Los Angeles Times
Activist investor Carl Icahn said he sold nearly 3 million shares in Netflix, noting he reaped a substantial windfall from his investment in the online video service. Icahn said he decided it was time to cash out, after the rapid appreciation of the company's stock, ...
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Caterpillar dealer report offers little hope for third-quarter earnings Reuters
By James B. Kelleher. CHICAGO | Tue Oct 22, 2013 1:01pm EDT. CHICAGO (Reuters) - Caterpillar Inc (CAT.N) released unaudited dealer sales data on Tuesday - one day ahead of its scheduled third-quarter earnings - that showed continued weak demand ...
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Peugeot will remain French - industry minister Reuters
PARIS | Tue Oct 22, 2013 12:40pm IST. PARIS Oct 22 (Reuters) - PSA Peugeot Citroen will remain French, Industry Minister Arnaud Montebourg said on Tuesday, days after sources said the loss-making firm was in talks with China's Dongfeng and the French ...
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Verizon Wireless Expands 4G LTE Network In Columbus, Pennsylvania MarketWatch
COLUMBUS, Pa., Oct. 22, 2013 /PRNewswire via COMTEX/ -- WHO: Verizon Wireless, operator of the nation's largest 4G LTE network and largest, most reliable 3G network. WHAT: Verizon Wireless customers in more portions of the Columbus, Pa., area can ...
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Coastal Area Residents Stunned by Flood Insurance Rate Hikes Forbes
Coastal area property owners caught in a tsunami of insurance rate increases are starting to flood the phone lines of Congress with complaints. From Massachusetts to Florida, from Mississippi to New York and all across the country, fallout from the huge ...
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Ford Motor Earnings Projected to Drop Forbes
Wall Street is expecting lower profit for Ford Motor when the company reports its third quarter results on Thursday, October 24, 2013. Analysts are expecting earnings per share of 37 cents after the company booked a profit of 40 cents a share a year earlier.
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American Realty Capital Properties Leadership Team Saddened by Passing of ... Sacramento Bee
NEW YORK, Oct. 22, 2013 -- /PRNewswire/ -- American Realty Capital Properties, Inc.'s ("ARCP") (NASDAQ: ARCP) leadership team announced today that it is deeply saddened by the passing of Dr. Walter P. Lomax, Jr., a veteran independent director who ...
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Apple CEO Cook: Artists Love iTunes Radio Bloomberg
Oct. 22 (Bloomberg) -- Apple CEO Tim Cook discusses iTunes radio at an event in San Francisco. (Source: Bloomberg). Please enable JavaScript to view the comments powered by Disqus. That ships with ios 7 is itunes radio. Itunes radio is a fun and easy ...
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Charting a resilient bull market MarketWatch
CINCINNATI (MarketWatch) — The 2013 bull market remains resilient, weathering the U.S. debt-ceiling overhang, and the early third-quarter earnings reports. Against this backdrop, the S&P 500 Index and the Nasdaq Composite have both reached ...
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AFP
Cerberus reportedly among bidders interested in Safeway Chicago Tribune
Cerberus Capital Management LP, which in March bought Jewel-Osco and other grocery chains from SuperValu, is among a handful of buyout firms exploring a deal for all or part of Safeway Inc., the parent of Dominick's, according to people familiar with the ...
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Bristol-Myers Earnings Preview: New Drugs To Maintain Growth Trefis
Bristol-Myers Squibb (NYSE:BMY) is scheduled to report its earnings for Q3 2013 on October 23. Last quarter, the company reported a 9% year-on-year decline in its revenue. However, the decline was primarily due to the U.S. patent expiries of ...
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US Airways Group Inc (NYSE:LCC) Declared Better Than Estimated Profit In Q3 eFinance Hub
US Airways Group Inc (NYSE:LCC) report third quarter profit of $1.16 on each share, which is higher than $1.12, predicted by Thomson Reuters. The higher-than-estimated Q3 profit due to better ticket prices. But still higher tax has lowered its profit to some ...
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Taxpayers will have less time to file taxes in 2014 CNYcentral.com
WASHINGTON -- Taxpayers will have less time to file their taxes this spring, due to the government shutdown. The start date to file taxes was January 21, but now the Internal Revenue Service says the date will be pushed back a week or two, most likely ...
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Russia plans further development of its Arctic regions Russia & India Report
The authorities hope the Arctic regions' contribution to the national economy will at least grow twofold by 2020 and will stand at 14 percent of the overall GDP versus 6 percent today. Tweet. Related. 2nd nuclear submarine lease likely to be 'X factor' in ...
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Corruption Probe Hits Glaxo's China Sales City Talk 105.9
GlaxoSmithKline (GSK), Britain's biggest drugs company, will say on Wednesday that a probe into corruption at its operations in China has triggered a dramatic slump in sales in the country. Sky News. © 2013 Sky News, all rights reserved. GlaxoSmithKline ...
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