Oct 29, 2013

Google Alert - Business News

News 35 new results for Business News
Fed tapering of stimulus unlikely this week USA TODAY
This week's Federal Reserve meeting is expected to lack the drama of recent gatherings, with economists saying there's virtually no chance policymakers will begin to scale back the central bank's bond-buying stimulus. Still, Fed watchers will be scouring the ...
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Nextdoor raises $60 million from Kleiner Perkins, Tiger Global Los Angeles Times
SAN FRANCISCO -- Nextdoor, the social network for neighbors, has raised $60 million in funding from Kleiner Perkins Caufield & Byers and Tiger Global Management. The giant funding round also included Comcast Ventures and previous investors, ...
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UBS defers key return target on extra capital demands Reuters
ZURICH | Tue Oct 29, 2013 11:25am IST. ZURICH Oct 29 (Reuters) - UBS said on Tuesday it would defer a key earnings target by at least a year because of temporary demands to hold extra capital, dampening better-than-expected third quarter results that ...
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US House passes bill to delay fiduciary rules at SEC, Labor Dept Reuters
By Sarah N. Lynch. WASHINGTON | Tue Oct 29, 2013 6:33pm EDT. WASHINGTON (Reuters) - The U.S. House of Representatives passed a controversial bill on Tuesday that would delay two government regulators from adopting rules requiring stock brokers ...
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Apple, Samsung Fend Off Low-Cost Chinese Rivals Wall Street Journal
The rise of low-cost Chinese smartphone makers may have accelerated the decline of some established players like Nokia Corp. But so far, it has done little to challenge the duopoly of Samsung Electronics Co. and Apple Inc. The latest world-wide ...
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Amid criticism, Wal-Mart touts promotions for workers CNNMoney
Amid criticism surrounding its worker pay, Wal-Mart on Tuesday publicized a planned round of employee promotions. The retail giant announced plans to promote more than 25,000 of its roughly 1.3 million U.S. employees by the end of January, bringing its ...
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Infosys Said to Reach Settlement With U.S. on Visa Probe Bloomberg
Infosys Ltd. (INFO), India's second-largest software exporter, reached a settlement resolving a U.S. investigation into the company's use of visas, two people familiar with the matter said. The agreement with the U.S. Attorney's Office for the Eastern District of ...
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RBI raises repo rate by 25 bps to 7.75%, holds CRR Times of India
MUMBAI: The RBI on Tuesday raised repo rate by 25 basis points (bps) to 7.75 percent to to fight stubbornly high inflation. The RBI left the CRR unchanged. New RBI chief Raghuram Rajan, a high-profile former chief economist at the International Monetary ...
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Somehow, Marilyn Tavenner still has backers Politico
Plenty of people have called for heads to roll after the Obamacare rollout — including that of Kathleen Sebelius, the secretary of Health and Human Services. But so far, they haven't called for the head of Marilyn Tavenner, the administrator for the Centers for ...
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Yellen Poised to Rival Obama With Financial Power Bloomberg
Janet Yellen, nominated by President Barack Obama to succeed Ben S. Bernanke as chairman of the Federal Reserve, is poised to become the most economically powerful woman in the world. Yellen, 67, would be the first female head of the 100-year-old ...
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Oil Rises on Libyan Output Drop as Yen Falls, S&P 500 Advances Businessweek
Japan's currency slid 0.2 percent to 97.65 per dollar at 8:20 a.m. in New York. Photographer: Yuriko Nakao/Bloomberg. Oil rallied amid a drop in Libyan output and bets that central banks in America and Japan will maintain monetary stimulus. The yen ...
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Analysis: From Big Foot to Bluto, Gulf of Mexico bolstering US as No. 1 in oil Reuters
By Kristen Hays and Terry Wade. CORPUS CHRISTI, Texas | Mon Oct 28, 2013 12:27pm EDT. CORPUS CHRISTI, Texas (Reuters) - The Gulf of Mexico, stung by the worst offshore oil spill in U.S. history in 2010 and then overshadowed by the onshore ...
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Report Notes Weaknesses of TARP Homeowner-Aid Plan Wall Street Journal
WASHINGTON—A multibillion-dollar government program designed to help struggling homeowners pay their mortgages is now expected to assist far fewer people than originally anticipated, according to an inspector general's report. The report by the special ...
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Credit markets see Morgan Stanley as less risky than Goldman Reuters
By Lauren Tara LaCapra. NEW YORK | Mon Oct 28, 2013 6:10pm EDT. NEW YORK (Reuters) - Morgan Stanley is now seen in derivatives markets as less likely to default on its debt than Goldman Sachs, a reversal of long-term price trends that signals ...
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Bipartisan deal in US Congress to delay flood insurance hike -sources Reuters
By David Adams. Mon Oct 28, 2013 8:32pm EDT. Oct 28 (Reuters) - U.S. House and Senate members have reached a bipartisan agreement to delay by at least four years a flood insurance rate hike that would impact more than a million homeowners, ...
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City sues hot sauce maker, calls odour from factory a public nuisance Montreal Gazette
LOS ANGELES, Calif. - The maker of Sriracha hot sauce is under fire for allegedly fouling the air around its Southern California factory. The city of Irwindale filed a lawsuit Monday asking a judge to stop production at the Huy (hoy) Fong Foods factory, claiming ...
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S&P up for 8th day in 9; Dow, Nasdaq flat MarketWatch
NEW YORK (MarketWatch) — U.S. stock indexes posted a narrowly mixed finish in choppy trading Monday, with the S&P 500 setting a record high for a second straight session after an industrial-production reading beat expectations but a ...
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UPDATE 1-Deutsche Bank profit slammed by legal charges Reuters UK
Tue Oct 29, 2013 6:32am GMT. FRANKFURT Oct 29 (Reuters) - Deutsche Bank posted a 98 percent drop in quarterly pre-tax profit to 18 million euros ($24.81 million), below the lowest expectations, weighed by a fall in trading income and a 1.2 billion euros ...
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Michael Kors Shares Will Replace NYSE Euronext in S&P 500 Index Bloomberg
Michael Kors Holdings Ltd. (KORS), the luxury-goods company founded by the designer of the same name, will replace NYSE Euronext (NYX) in the Standard & Poor's 500 Index, S&P said in a statement today. The change will take place after the close of ...
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UPDATE 1-JPMorgan Chase hires US Bank's Boardman as wealth CEO Reuters
NEW YORK | Tue Oct 29, 2013 1:26am IST. NEW YORK Oct 28 (Reuters) - JPMorgan Chase & Co. has hired Michael Boardman to run banking, financial planning and investment management services for clients who do not qualify for its premier asset ...
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It's National Cat Day! Want a Kitten? Wall Street Journal
The ASPCA and the Cheezburger online humor network have teamed up to promote kitten adoption. WSJ's Simon Constable welcomes a few furry friends to promote their cause. Photo: WSJ Live. Up Next ...
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Turkey's Bosphorus tunnel to open sub-sea Asia link BBC News
A railway tunnel underneath the Bosphorus Strait is due to open in Turkey, creating a new link between the Asian and European shores of Istanbul. The tunnel is the world's first connecting two continents, and is designed to withstand earthquakes. It is being ...
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Investors continue to buy up homes in key real estate markets Phoenix Business Journal
Investors still are expanding into some hot cities to scoop up single-family homes, but they're pulling back in others, reports USA Today. Last month, institutional investors, who largely buy single-family homes to turn into rentals, accounted for about one in four ...
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Sears weighs spinning off Lands' End to shareholders Milwaukee Journal Sentinel
Sears Holdings Corp. said Tuesday it is considering spinning off Dodgeville-based Lands' End as part of a strategy to focus on its other retail businesses. By Paul Gores of the Journal Sentinel. Updated: 1:02 p.m.. Tweet. Email; Print. (2) Comments.
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Nokia Corporation (ADR) (NOK) Earnings Preview ValueWalk
Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) is changing. The firm is going to sell its most visible business just as soon as the paperwork is finished and regulators give their blessing. Nokia still has to report earnings, however. A new report ...
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LinkedIn Struggling At 50-Day Line As New Base Forms Investor's Business Daily
LinkedIn (LNKD) is fighting to stay above its 50-day line as it works on a new base with a possible buy point at 253.76. The IBD Leaderboard stock is currently 4% below the entry. The base is third stage, which makes it riskier than a first- or second-stage ...
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IG: SSA Scanning Tool Unable to Provide Sufficient Hardware Identification FEDweek
The Social Security Administration has a process to identify hardware devices connected to its network, but the network scanning tool it uses is unable to provide sufficient hardware identification, the agency's inspector general has said in calling for better ...
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Nasdaq Payout on Facebook Is $41.6 Million After Finra Review Traders Magazine
(Bloomberg) -- Nasdaq OMX Group Inc. owes $41.6 million to firms that lost money in Facebook Inc.'s initial public offering last year due to a malfunction in the exchange's computers, according to the group that oversees brokerages. The amount is less than ...
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Singapore's Producer Prices Continue To Fall RTT News
Singapore's manufacturing producer prices decreased further in September, but at a slower pace than in the previous month, data released by Statistics Singapore revealed Tuesday. The producer price index for the manufacturing sector decreased 0.9 ...
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Rabobank faces £600m fine as Libor scandal resurfaces The Guardian
The FCA and US regulators are poised to announced larger than expected penalties on Rabobank. Photograph: David Levene. The Libor rigging scandal could be reignited on Tuesday when Dutch mutual Rabobank is expected to become the fifth financial ...
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Business sentiment stays weak, consumer confidence dips: RBI report Business Standard
The business and consumers, reeling under inflation and slowdown, do not seem to share government's optimism of economic revival in the second half Fy14. The business sentiment and consumer confidence have continued to deteriorate in the second ...
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Zoomlion case exposes 'black PR' as BlueFocus denies accusations Campaign Asia-Pacific (blog)
Want to search for a company in a few clicks? Get onto the CASBAA Directory search engine now! » More. Home » Expertise » PR » PR · Tweet · Email article to a friend · Print this article. Zoomlion case exposes 'black PR' as BlueFocus denies accusations.
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Tuesday preview: US retail sales and consumer confidence figures IFA Magazine
Retail sales and consumer confidence figures in the US will be released on Tuesday as the Federal Reserve begins its two-day policy meeting. US advanced retail sales for September are expected to remain little changed, according to consensus. Consumer ...
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Pfizer (PFE) - Roundup Review AVAFIN
NEW YORK (AVAFIN) -- A total of 166 block trades were executed today, typically at least 10,000 shares or more represent a single block unit. Block trades help investors understand the sentiment of large financial institutions. Further trading analysis reveals ...
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Major business and economic events scheduled for Tuesday: Huffington Post
WASHINGTON — Labor Department releases the Producer Price Index for September, 8:30 a.m.; Commerce Department releases retail sales data for September, 8:30 a.m.; Standard & Poor's releases S&P/Case-Shiller index of home prices for August, 9 a.m. ...
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