Oct 4, 2013

Google Alert - Business News

News 30 new results for Business News
Potbelly Raises $105 Million Pricing IPO Above Increased Range Bloomberg
Potbelly Corp. (PBPB), the Chicago-based purveyor of made-to-order toasted sandwiches, raised $105 million in a U.S. initial public offering, pricing its shares above an increased range. The company and existing stockholders sold 7.5 million shares for $14 ...
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APNewsBreak: Quinn Won't Support ADM Tax Breaks ABC News
Gov. Pat Quinn said he will veto any legislation with special tax incentives to get Archer Daniels Midland Company to keep its global headquarters in Illinois until legislators approve a fix for the state's nearly $100 billion pension crisis. In an interview with The ...
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With no jobs report, what's an economist to do? Boston.com
The jobs report is a ''flashlight into the dense forest of global economic information 2012 file/associated Press The jobs report is a ''flashlight into the dense forest of global economic information,'' says analyst Diane Swonk (right). By Paul Wiseman ...
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Activist hedge fund takes major stake in Redbox parent Chicago Tribune
An activist investor has taken a 13.5 percent stake in Outerwall Inc., operator of Oakbrook Terrace-based Redbox video rental kiosks. The investor, Jana Partners LLC, said it intends to explore options, including a possible sale. Outerwall's shares were up 9 ...
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Government shutdown stops timber sales in forests Seattle Post Intelligencer
GRANTS PASS, Ore. (AP) — The U.S. Forest Service confirmed Friday it is shutting down logging operations on national forests across the country due to the partial shutdown of the federal government. The agency plans to notify 450 timber purchasers across ...
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Potential New Leader for Trading Commission Under a Lens New York Times
As Gary Gensler's tenure as a Wall Street regulator draws to a close, the White House has begun to vet a senior Treasury Department official as a potential replacement. Timothy G. Massad, an assistant secretary of the Treasury, is among those under ...
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What to watch: With no jobs report, focus on Fed USA TODAY
NEW YORK -- "Jobs Friday," a big day every month for data watchers on Wall Street, has been postponed due to the government shutdown. That means on Friday the Labor Department's nationwide employment report won't be sliced, diced and analyzed to ...
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Video: You've Never Seen Such A Lazy Letter Carrier, Promise Opposing Views
You know Americans are getting lazy when not even a letter carrier wants to walk anymore. Georgia resident Mark Anderson has a home surveillance video system. Anderson says the system is primarily their so he can keep an eye on his disabled mother ...
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Global Air Emissions Deal Approved Wall Street Journal
The airline industry is set to introduce a global market-based scheme to curb aircraft pollution by 2020, heading off the threat of a renewed trade spat. The United Nations' aviation body on Friday agreed to adopt market-based conservation measures to tackle ...
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13 alleged hackers indicted in attacks on sites unkind to file sharing, WikiLeaks Washington Post
Federal prosecutors have charged 13 alleged members of the hacking group Anonymous in connection with cyberattacks that the collective launched in 2010 against anti-piracy groups and financial institutions unwilling to process donations to WikiLeaks.
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Stock Futures Fall as Day Three of Shutdown Begins Wall Street Journal
LONDON--U.S. stocks futures indicated another weak day on Wall Street on Thursday as the government shutdown dragged into its third day. Investors were also waiting for data on jobless claims and the services sector. Futures for the Dow Jones Industrial ...
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Services Growth Cooled Before U.S. Federal Shutdown: Economy Bloomberg
Service industries expanded in September at a slower pace than forecast as more corporate purchasing managers grew apprehensive about the U.S. economy leading up to the government shutdown. The Institute for Supply Management's ...
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JPMorgan's Dimon Said to Relinquish Chairman Title at Bank Unit Bloomberg
JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon stepped down as chairman of the lender's main bank subsidiary at the start of July, according to a person briefed on the move. Dimon, who serves as CEO and chairman of the parent ...
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Barclays Gets Strong Rights Issue Acceptance Wall Street Journal
LONDON—Barclays PLC said Friday it had received strong take up of its £5.8 billion ($9.4 billion) rights issue, with almost 95% of shareholders participating. The bank launched the fundraising in late July as part of a broader plan—which will also see the ...
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Brazil Real Drops From Two-Week High as Moody's Lowers Outlook Bloomberg
Brazil's real declined from its highest level in two weeks after Moody's Investors Service cited rising debt and sluggish growth in lowering its outlook on the nation's credit rating to stable from positive. The real dropped for the first time in four days, depreciating ...
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Money is flowing into stock mutual funds for the first time in years, but only ... Washington Post
NEW YORK — Investors are giving stock mutual funds another shot after getting burned during the financial crisis, but they're being choosy. From January through August, eight straight months, investors put more money into stock funds than they pulled out, ...
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North Carolina inn vows to stay open despite government shutdown Reuters
By Colleen Jenkins. WINSTON-SALEM, N.C. | Fri Oct 4, 2013 12:03am IST. WINSTON-SALEM, N.C. Oct 3 (Reuters) - The operator of a 51-room inn located along the Blue Ridge Parkway in North Carolina is vowing to keep the property open despite being ...
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US approaching energy independence? Fox News
OUR ENERGY PRODUCTION HAS SURGED IN RECENT YEARS THANKS MOSTLY TO NEW TECHNOLOGIES THAT LET US CAPTURE OIL AND NATURAL GAS FROM SHALE ROCK. BUT THIS JUST DOESN'T HELP CREATE JOBS. IT MAY ALSO HAVE ...
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After Feds Bust Internet Drug Market, Bitcoin Plummets Wall Street Journal
The value of Internet currency Bitcoin has plummeted since Wednesday afternoon, and in doing so it has drawn attention to the uneasy relationship between the Internet currency and illicit businesses. The catalyst for the selloff was a story that Federal agents ...
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Shutdown casualties shatter stereotypes Boston.com
In this Sept. 30, 2013, photo, cars line up at Grand Canyon The Associated Press In this Sept. 30, 2013, photo, cars line up at Grand Canyon National Park's South Rim entrance before the park was closed on Oct. 1 due to the partial government shutdown.
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Overflowing tank cause of new leak at Fukushima Seattle Post Intelligencer
TOKYO (AP) — Another day, another radioactive-water spill. The operator of the crippled Fukushima Dai-ichi nuclear plant says at least 430 liters (110 gallons) spilled when workers overfilled a storage tank without a gauge that could have warned them of the ...
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Stocks sink; S&P drops most in a month Newsday
Stocks ended the day Thursday with losses, with the Standard & Poor's 500 index dropping the most in a month, as data showed weaker-than-forecast growth in service industries and concern grew that the political impasse could lead to a recession.
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Berlusconi, ultimate survivor, runs out of lives The Southern
He's the Great Houdini of world politics. Buffeted by scandal, convicted of corruption, abandoned by allies, Silvio Berlusconi has been written off countless times over the two decades in which he has dominated Italian politics _ and each time he made a ...
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S&P 500 Companies Issuing Negative Guidance Hits Record High Jutia Group
S&P 500 Companies One of the themes that I've been reiterating over the past few months has been my concern over the potential for growth in corporate earnings. While companies in the S&P 500 have reported extremely strong corporate earnings over the ...
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United Signs On As Exclusive Airline Partner of 2014 Gay Games Sacramento Bee
CHICAGO, Oct. 3, 2013 -- /PRNewswire/ -- United Airlines will serve as a gold sponsor and the exclusive airline partner of the 2014 Gay Games – the largest international sports and culture festival in the world open to all adult participants. "We are proud to ...
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Hobby Lobby lacks Jewish items: Bias or business decision? Asbury Park Press
Christmas-themed decorations for sale in the Hobby Lobby store in South Plainfield in this 2012 file photo. / KATHY JOHNSON/STAFF PHOTOGRAPHER. Written by. Dustin Racioppi. @dracioppi. Filed Under. Business. Christmas trees for sale in the Hobby ...
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MTA Credit Info and Service Update HamletHub
The MTA Board has approved a credit for New Haven Line customers with monthly or weekly tickets during the ongoing power outage. Metro-North has announced that service on the line will be increased to about 65% of normal on Wednesday. "Because of ...
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Furloughs may hit defense manufacturers due to government shutdown Fort Worth Star Telegram
Defense manufacturers are starting to feel the effect of the federal government shutdown, which may force them to slow production and furlough workers. United Technologies said it may furlough more than 5,000 workers starting next week because ...
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AFP
Reward offered for stolen mobile home YNN Hudson Valley
The Washington County Sheriff's office is asking for the public's help in solving a theft, but this theft is an unusually large one and the first of its kind for all parties involved. YNN's Erin Moran has more. WASHINGTON COUNTY, N.Y. -- Mike Bilodeau has been ...
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Stocks Edge Higher, but Investors Remain Cautious ABC News
Stocks inched higher on Wall Street Friday but investors remain focused on Washington, where a partial shutdown of the U.S. government has weighed on the market all week. The Dow Jones industrial average was up 23 points, or 0.2 percent, at 15,020 as of ...
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