Oct 25, 2013

Google Alert - Business News

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Jury Finds Toyota Liable in Fatal Wreck in Oklahoma New York Times
OKLAHOMA CITY — Toyota Motor is liable for a 2007 crash that left one woman dead and another seriously injured after a Camry suddenly accelerated, an Oklahoma state court jury decided Thursday.
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Stock-market bulls face hurdles in the week ahead CNBC.com
A wave of earnings news and the Federal Reserve's two-day meeting should dominate market talk in the coming week as investors sort through a batch of data that was delayed by the government shutdown. About a quarter of the S&P 500 companies report ...
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A Record for the S.& P. 500 On a Day of Broad Gains New York Times
Strong third-quarter results from technology companies drove investors into stocks on Friday, giving the market its third straight weekly gain. After reporting results that topped expectations, Microsoft rose 6 percent and Amazon.com rose 9 percent.
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US consumer confidence drops on concern about economic impact of gov't ... The Seattle Times
U.S. consumer confidence fell in October as concern grew that the partial government shutdown and political fight over the nation's borrowing limit would slow growth. By CHRISTOPHER S. RUGABER. AP Economics Writer ...
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United hit with record $1.1M ground delay fine Chicago Tribune
United Airlines has been fined $1.1 million by the Department of Transportation for 13 lengthy flight delays that occured on a single stormy day at O'Hare International Airport last year. It's the largest fine assessed by the government since a rule aiming to limit ...
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Kraft recalling 735000 cases of string cheese Chicago Tribune
Kraft Foods Group is recalling some varieties of Kraft and Polly-O String Cheese and String Cheese Twists products because they may spoil before their "Best When Used By" code dates. The affected products all have code dates from Oct. 25, 2013 through ...
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Administration: 700000 Have Applied for Obamacare WebMD
The Obama administration said Thursday that 700,000 people have completed applications for coverage in the health law's new marketplaces - a key step before people can begin shopping for insurance plans. But a spokeswoman for the Centers for ...
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Lost dentures, loose eyeball among sick-day excuses: survey Chicago Tribune
(Reuters) - A heavy turkey dinner caused one worker to sleep through his shift. Another said his false teeth flew out the car window as he was driving along the highway. These were just two of the imaginative excuses employees gave bosses when calling in ...
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Fire at Macy's flagship store in New York WJLA
NEW YORK (AP) - Firefighters have put out a blaze at the Macy's flagship store in New York City. The New York Fire Department said in a Twitter post at about 9:30 p.m. Friday that the two-alarm fire burning in the basement of the iconic department store on ...
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Europe's Morning MoneyBeat: We're Data Watching Today Wall Street Journal
Having effectively shrugged off some disappointing local manufacturing and service sector numbers Thursday, European stocks will be data watching again as the new session gets under way. Germany's Ifo business sentiment survey will be the likely ...
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AP sources: foreign help to US could be exposed KFMB
North Dakota, the nation's No. 2 oil producer behind Texas, recorded nearly 300 oil pipeline spills in less than two years, state documents show. None of them were reported to the public, officials said.More >>. North Dakota, the nation's No. 2 oil producer ...
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Greenland votes to allow uranium, rare earths mining Reuters
NUUK | Fri Oct 25, 2013 1:58am EDT. NUUK (Reuters) - Greenland's parliament voted on Thursday to end a decades-long prohibition on mining for radioactive materials like uranium, further opening up the country to investors from Australia to China eager to ...
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Full testing of HealthCare.gov began too late, contractors say Washington Post
Private contractors in charge of building the federal online health insurance marketplace testified Thursday that the administration went ahead with the Oct. 1 launch of HealthCare.gov despite insufficient testing. In their first public remarks since the debut of ...
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Regulators Weigh Reductions in Size of U.S.-Guaranteed Mortgages Bloomberg
Lawmakers and regulators are debating whether it's time to shrink the size of mortgages that the U.S government will guarantee, five years after they first boosted loan limits in response to the financial crisis. President Barack Obama and housing regulators ...
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US Stocks Rise on Earnings as Investors Assess Data Bloomberg
U.S. stocks rose, putting the Standard & Poor's 500 Index three points from a record, as corporate earnings beat estimates and signs of slower economic growth fueled bets the Federal Reserve will maintain stimulus. Homebuilders rallied 3.3 percent as a ...
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Walmart Plans More Stores and E-Commerce in China New York Times
BEIJING — Walmart, the world's biggest retailer, is expanding its business in China as it seeks to raise profitability in a slowing retail sector. Related. To Catch Up, Walmart Moves to Amazon Turf (October 20, 2013). Add to Portfolio. Walmart Stores Inc.
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Wells Fargo Seeks to Toss NY Action on Mortgage Deal Bloomberg
Wells Fargo & Co. (WFC) said New York's bid for a court order forcing the bank to comply with a mortgage-servicing settlement should be denied because the state is ignoring terms of the $25 billion agreement. New York Attorney General Eric Schneiderman ...
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'Aristocratic' Ways Are Getting Tired at P&G Wall Street Journal
Get ready to hear an aristocrat speak Friday when Procter & Gamble Co. unveils fiscal first-quarter results. No, revered Chief Executive A.G. Lafley hasn't been knighted and, oddly, isn't slated to be on the earnings call. The blue blood is the company itself.
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Career Education sells business for more than its own market cap Reuters
Fri Oct 25, 2013 4:15am IST. (Reuters) - Career Education Corp (CECO.O) said it will sell its European education business to private equity firm Apax Partners for about $305 million, sending its shares up more than 50 percent in extended trading on Thursday ...
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Janet Yellen: What's Ahead For The Fed? Forbes
When Ben Bernanke completes his second term as Federal Reserve Board chairman in January, Janet Yellen should be more than ready to take the helm of the U.S. central bank, according to Wharton faculty and other experts. Current Federal Reserve ...
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Uncertainty and the business of growth BBC News
UK business investment fell 25% during the recession and has lagged significantly in the recovery. The US lost a similar amount and has recovered a bit better, but still remains below pre-crisis levels. In thinking about the sustainability of the recovery, there ...
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Amazon Publishing exec to depart amid uncertainty in its print producing efforts CNET
Larry Kirshbaum, the editorial head of Amazon's adult and children's publishing imprints, is on his way out as Amazon ponders its next move in book publishing. Nick Statt. by Nick Statt. October 25, 2013 12:02 PM PDT. Follow @nickstatt. Amazon CEO Jeff ...
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Citroen staff in France march after last car made Morning Star Online
PSA Peugeot Citroen workers have marched through Aulnay-sous-Bois waving banners to protest against the closure of the town's Citroen plant as its last car came off the assembly line. Opened in 1973, the plant is being shut down next year as the ...
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Oil/gas rep: Anti-fracking groups are well-funded, too Boulder Weekly
A spokesperson for the oil and gas industry is claiming that local anti-fracking groups benefit from just as much financial support as the industry when it comes to campaigning on the upcoming oil and gas ballot measures in Boulder and Lafayette.
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Earnings News After-Hours: Microsoft Corporation (MSFT), Zynga Inc (ZNGA ... International Business Times
Wall Street closed near session highs on Thursday, as investors weighed stronger-than-expected corporate earnings from Ford Motor Co. (NYSE: F), 3M Co. (NYSE: MMM) and others. After the bell, Microsoft Corp. (NASDAQ: MSFT) reported fiscal first-quarter ...
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Durable goods, earnings on tap optionMONSTER Research
The Commerce Department will release the numbers for September at 8:30 a.m. ET. Economists expect an increase of 3.5 percent compared with growth of 0.1 percent the previous month. Excluding volatile transportation orders, the gain is forecast to be 0.3 ...
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Who Exactly Is Fixing HealthCare.gov? Nextgov (blog)
Paul Ryan and Elizabeth Warren are among the early adopters of a website that invites citizens to tell lawmakers what they really want. facebook; twitter; google; Comments. // October 23, 2013. LATEST NEWS. HealthCare.gov's New Chief Fixer Doesn't Know ...
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Euro slips in Asia on slowing eurozone business activity The News International
TOKYO: The euro on Friday slipped from two-year highs against the dollar as slowing eurozone business activity weighed on the unit, while the dollar held steady against the yen. The European single currency fetched $1.3793 in Tokyo midday trade against ...
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Markets steady despite big slide in Nikkei Columbus Telegram
Financial markets outside of Japan were lackluster Friday at the end of a week that's seen the S&P 500 and Germany's DAX post record highs and the dollar fall to near two-year lows against the euro. In Tokyo, the benchmark Nikkei index slid 2.8 percent to ...
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Anthony Hilton: Lack of rivals keeps dollar a safe haven Evening Standard
Ever since the deal last week which got the US government working again, people have been queuing up to explain how this near-death experience marks the beginning of the end of the US dollar as the world's reserve currency and US government debt as ...
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