Oct 7, 2013

Google Alert - Business News

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Nielsen to Measure Twitter Chatter About TV Shows New York Times
Only 98,600 people wrote messages on Twitter about the two-hour season premiere of "Grey's Anatomy" last month. That's a tiny fraction of the 9.3 million who, according to Nielsen, watched the show that night. Enlarge This Image ...
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Dollar near 8-month low as US shutdown enters second week Reuters
By Dominic Lau. TOKYO | Mon Oct 7, 2013 10:34pm EDT. TOKYO (Reuters) - The dollar skidded to near an eight-month low on Tuesday as the U.S. government shutdown entered its second week, leaving investors on tenterhooks as politicians in Washington ...
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No Way US Would Allow Debt Default? Don't Bet on It New York Times
That's what Vincent Reinhart, former head of the Federal Reserve's monetary division and now managing director and chief United States economist for Morgan Stanley, said late last week. "As political theater," he said, "the debt ceiling is not a useful threat, ...
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The Untapped Value That Carl Icahn Sees In Talisman Energy Forbes
Carl Icahn announced in Monday afternoon tweet that he had built up a nearly 6% stake in oil and gas company Talisman Energy, worth $300 million. His full tweet: "Disclosed approx 61 million share position in Talisman Energy. May have conversations with ...
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Moody's CEO: US default 'extremely unlikely' CNBC.com
Raymond McDaniel, President & CEO, Moody's tells CNBC's Martin Soong at the 2013 APEC summit in Bali that a U.S. default is 'extremely unlikely'. The CEO of credit rating agency Moody's ruled out the chance of a U.S. government default, even if an ...
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Can earnings season trump political gridlock? USA TODAY
NEW YORK -- Starting Tuesday, add the story line of third-quarter corporate profit reports to Wall Street's recent 24/7 fascination with the government shutdown and the countdown to a possible first-ever U.S. default. The third-quarter earnings season gets ...
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Five Reasons to Fear the Debt Ceiling Bloomberg
The global economy is facing a bizarre man-made threat: Radical legislators in the U.S., issuer of the world's most trusted currency, think forcing the government to renege on its obligations would be a good way to shock it into recognizing the error of its ...
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Asian markets down on worry over US debt showdown USA TODAY
MUMBAI, India (AP) — Asian markets were weaker Monday after heated political rhetoric from the U.S. raised worries that the partial shutdown of the American government could bring the world's largest economy close to defaulting on its debt. Japan's Nikkei ...
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Greece expects economy to grow, finally USA TODAY
ATHENS, Greece (AP) — Greece expects its economy to grow next year — at last. In its draft budget presented Monday, the government forecast the economy would grow 0.6 percent in 2014, its first annual increase since 2007. This year it is predicted to ...
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Shutdown spawns vacuum in farm market information Seattle Post Intelligencer
WICHITA, Kan. (AP) — When Tim Peterson finished planting his 900 acres of winter wheat last week, the usually market-savvy Kansas farmer unexpectedly found himself struggling to make critical marketing decisions without being able to access to vital ...
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VTB to sell SocGen its 10% stake in Rosbank MarketWatch
MOSCOW--Russia's VTB Bank (VTBR.RS) has agreed to sell its 10% stake in Societe Generale SA's (GLE.FR) Russian unit Rosbank to the French bank as part of an asset swap, a person familiar with the deal said Sunday. In return, SocGen will give ...
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Asian shares, dollar, oil dip as US shutdown drags on Reuters
By Dominic Lau. TOKYO | Mon Oct 7, 2013 1:39am EDT. TOKYO (Reuters) - Asian shares, oil prices and the dollar came under pressure on Monday as politicians in Washington showed no signs of making progress to resolve the U.S. budget standoff, while ...
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Exchanges Will Raise U.S. Health-Care Costs Bloomberg
Ignore the inevitable startup glitches. The new health-insurance exchanges will work just fine -- in the sense that all government health-care programs work: Many people will ultimately become dependent on them for coverage. That won't mean the ...
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At a Nissan Plant in Mississippi, a Battle to Shape the UAW's Future New York Times
CANTON, Miss. — The United Automobile Workers — desperate to make inroads in the anti-union South where Toyota, Volkswagen and other foreign automakers have assembly plants — has never tried a unionization drive quite like the one at the Nissan ...
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Jury Convicts Arizona Inmate of Capital Murder in Shooting Deaths of Retired ... ABC News
Jury convicts Arizona inmate of capital murder in shooting deaths of retired Oklahoma couple. Join the Discussion. You are using an outdated version of Internet Explorer. Please click here to upgrade your browser in order to comment. Please enable ...
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Italy - Factors to watch on October 7 Reuters
Mon Oct 7, 2013 12:19pm IST. The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). POLITICS. An Italian Senate committee ...
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Twitter Must Lead Silicon Valley On Diversity TechCrunch
Editor's note: This post is a response to a Twitter exchange between Vivek Wadhwa and Twitter CEO, Dick Costolo. Vivek Wadhwa is a Fellow at Arthur & Toni Rembe Rock Center for Corporate Governance, Stanford Law School and Director of Research at ...
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Federal Reserve to Unveil a Redesigned $100 Bill New York Times
WASHINGTON — The Federal Reserve will begin circulating a new $100 bill on Tuesday with some modern and colorful anti-counterfeiting features, after overcoming problems that postponed its debut for more than two and a half years. Enlarge This Image ...
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Without movement on shutdown, stocks fall GazetteNET
FILE - In this Wednesday, Oct. 2, 2013, file photo, trader Richard Scardino works on the floor of the New York Stock Exchange. Stock futures are falling sharply, Monday, Oct. 7, 2013, as the U.S. government heads into the second week of a partial shutdown ...
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BlackBerry falls near liquidation value, says report The Globe and Mail
BlackBerry Ltd.'s stock price has fallen close to the embattled company's liquidation value, says Veritas Investment Research Corp. On Friday on Nasdaq, shares in the Canadian technology company slipped 4 cents to close at $7.69 (U.S.). That's just pennies ...
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BlackBerry facing shareholder lawsuit USA TODAY
TORONTO (AP) — A class-action lawsuit has been filed against BlackBerry by a shareholder claiming the company misled investors about its future, including how the BlackBerry 10 smartphone line would fare against competitors. The lawsuit seeks to ...
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California health exchange looks to speed up enrollment in week 2 Los Angeles Times
After a weekend tune-up, California's health insurance exchange will try to overcome first-week glitches that frustrated many consumers trying to sign up under Obamacare. The state marketplace, called Covered California, shut down its online enrollment ...
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Tribal governments mishandle millions in taxes, audits show The Detroit News
Ethete, Wyo.— American Indian tribes have been caught misappropriating tens of millions of taxpayer dollars, according to internal tribal audits and other documents. But federal authorities do little about it — due to a lack of oversight, resources or political will.
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Puerto Rico Lawmaker Expects Aid Announcement Soon Wall Street Journal
The president of the Puerto Rico Senate said he expected an announcement soon from the White House about how to help the ailing island economy. Eduardo Bhatia told reporters at a gathering of municipal-bond analysts in New York on Monday that he ...
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White Diamond Sells for Record $30.8 Million at Sotheby's Bloomberg
Sotheby's Hong Kong via Bloomberg. "The Last Supper" (2001) by Chinese painter Zeng Fanzhi. It was estimated to sell for more than HK$80 million ($10.3 million) to set a new record for a Chinese contemporary artist at auction. The work sold for HK$180.4 ...
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Bitcoin sinks in value after FBI busts Silk Road drug market Reuters
By Noel Randewich. SAN FRANCISCO | Sun Oct 6, 2013 7:40pm EDT. SAN FRANCISCO (Reuters) - The price of the bitcoin digital currency dropped on Wednesday, after U.S. law enforcement authorities shut down Silk Road, an online marketplace used to ...
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Instagram to start allowing ads in photo feeds Reuters
Sun Oct 6, 2013 7:40pm EDT. (Reuters) - The legions of people who use Instagram will start to see advertising in their photo sharing feed in the next couple of months. The popular photo-based social network, snapped up by Facebook Inc, will roll out ...
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Solvay to Buy Chemlogics for $1.345 Bln Wall Street Journal
BRUSSELS--Belgian chemical company Solvay SA (SOLB.BT) said Monday it will buy U.S.-based Chemlogics for $1.345 billion in cash to boost its share of the U.S. oil and gas chemicals market. The deal, which is expected to close before the end of the year, ...
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Equity futures drop after weekend without move on US finances Reuters
By David Gaffen. Sun Oct 6, 2013 6:37pm EDT. (Reuters) - US S&P 500 E-mini futures dropped Sunday evening, suggesting a weak open for U.S. stocks on Monday, after a weekend where little progress was seen in either resolving the budget dispute or ...
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Hi-tech trio seeks slices of pie from BlackBerry Telegraph.co.uk
BlackBerry has already agreed a $4.7bn (£2.9bn) deal with a consortium led by Fairfax Financial, the private equity firm headed by Prem Watsa, who used to sit on the BlackBerry board. However, it also invited approaches from other would-be buyers in the ...
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Long Island cops monitor Facebook, Twitter to fight crime Newsday
Long Island police are monitoring social media sites such as Twitter and Facebook to fight suspected criminals who are tapping into online technology to scheme, recruit and boast of their exploits, local law enforcement officials said. Nassau County police ...
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What If China Stops Buying US Government Debt? Forbes
Just about everyone worries that Beijing, perturbed by the ongoing squabble in Washington, will sour on Treasuries. This concern is embedded in the provocative title of Eamonn Fingleton's recent Forbes posting: "If Republicans Want to Shut Down ...
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AFP
Assembly line enters new era The Detroit News
Today's moving automobile assembly lines are part human and part machine, capable of switching on the fly to different models of cars and trucks according to demand. Computer-controlled robots perform precise welds on chassis parts, while workers carry ...
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Stocks: Dow drops on Day 7 of shutdown The Coloradoan
Trader Richard Scardino works on the floor of the New York Stock Exchange. / Richard Drew, AP. USA Today. by Adam Shell and Kim Hjelmgaard, USA TODAY. USA Today. by Adam Shell and Kim Hjelmgaard, USA TODAY. Filed Under. USA Today money ...
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US budget showdown weighs on markets TheNewsTribune.com
LONDON — Stocks were in retreat Monday as the partial shutdown of the U.S. government entered a seventh day and lawmakers appeared to be making little headway in raising the country's debt ceiling. The U.S. has to raise its debt ceiling by Oct. 17.
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The $10 deal that cost NY millions New York Post
Sunlight reflects off of One World Trade Center. Naming rights for the site were sold in 1986 for $10. Photo: Reuters/Gary Hershorn. State Attorney General Eric Schneiderman is probing the most towering sweetheart deal of all time. Schneiderman has sent a ...
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Motrin berry-flavored infant drops half-ounce bottles recalled KETK
(CNN) — About 200,000 bottles of Concentrated Motrin Infants' Drops are being voluntarily recalled due to a risk that they may contain tiny plastic particles, McNeil Consumer Healthcare announced. The company said retailers were being asked to remove ...
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Today's Dow Jones Industrial Average DJIA Nasdaq S&P 500 stock market news ... Learning and Finance
Economic data, which posted in the latter half of last week, was weaker than expected. Jobless claims rose higher and the private sector jobs report posted below expectations. Although pressures mounted, the primary stock composites closed the last session ...
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VIX falls as stocks end week higher optionMONSTER Research
Equity indexes were higher on Friday, regaining most of the losses from Thursday and ending the week mixed but little-changed. The CBOE Volatility Index fell back below the 17 level. The S&P 500 was up almost 12 points to close at 1690.50, about 1 point ...
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9 simple tips for smart credit card use BusinessDay
When it comes to credit cards, we're quite a nonchalant society. They've become so commonplace that we tend to be looser than we should. Once upon a time, they were handled with kid gloves, treated with respect, and almost never used online. Today, the ...
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Strasser: Why the government is closed Lake County News
Let us recall that President Obama campaigned for office with the promise of health care reform. And, we elected him to do just that. And so, he began an effort to draft a bill after he was elected. Many are unhappy with the bill that resulted, but, keep in mind ...
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US stocks ended higher on Friday Business Standard
U.S. stocks ended higher on Friday, 04 October 2012 but closed mostly lower for the week, as investors stayed sensitive to news about the government shutdown. Equities climbed throughout the session while showing little concern over the lack of progress in ...
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Every company is a technology company Business Spectator
Every company is a technology company. We're on the threshold of the new era of the digital industrial economy. It's a time of profound change that will see every industry digitally remastered. A BI infusion for healthcare providers. BI is shaping up to be more ...
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Throwback: When IMF protests shook campus GW Hatchet (subscription)
When GW closed campus during the September 2001 International Monetary Fund and World Bank meetings, The Hatchet ran a front page story on students protesting the University's decision. A year earlier, students had joined thousands clamoring against ...
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Budget Heads To Greek Parliament Greek Reporter
vouli (2)_533_355 Greece's preliminary draft budget for 2014 is expected to be published and submitted to the Parliament on Oct. 7 at at noon. According to the estimates, there will be a primary surplus for the first time in a decade, about 1.5% of GDP or 2.8 ...
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Cuban believes, if healthy, Mavs will be a big surprise Fort Worth Star Telegram (blog)
DALLAS -- Mark Cuban never makes predictions about any of his teams. But he did leave one indelible impression after Sunday's practice at American Airlines Center. "If we stay healthy I think we'll surprise a whole lot of people,'' Cuban, the owner of the ...
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