New Jersey sues Standard & Poor's for fraud USA TODAY TRENTON, N.J. — New Jersey is suing Standard & Poor's, making it at least the 19th state to claim in court that the bond-rating company defrauded the public by not disclosing its personal financial interest in the securities it ranked. New Jersey Acting Attorney ... See all stories on this topic » | |
Fidelity sells off short-term US government debt Los Angeles Times The nation's largest manager of money market mutual funds said Wednesday that it no longer holds any U.S. government debt that comes due around the time the nation could hit its borrowing limit. Money market portfolio managers at Fidelity Investments ... See all stories on this topic » | |
Foreclosures Surge in D.C. Area After Federal Budget Cuts Bloomberg Foreclosure starts in the Washington suburbs surged last month following federal budget cuts that have made it harder for some homeowners to pay their mortgages, even as defaults declined across the U.S., RealtyTrac said. Initial foreclosure filings climbed ... See all stories on this topic » | |
Twelve stuck on roller coaster in Orlando for two hours USA TODAY ORLANDO, Fla. (AP) — A dozen people were stuck for more than two hours on a roller coaster at Universal Studios Florida. The 12-person train stopped near the top of the first hill of the Hollywood Rip Ride Rockit around 7 p.m. EDT Wednesday. Universal ... See all stories on this topic » | |
UPDATE 1-Wal-Mart and Bharti Enterprises call off India JV Reuters Wed Oct 9, 2013 1:06am EDT. By Nandita Bose. MUMBAI Oct 9 (Reuters) - Wal-Mart Stores Inc and Bharti Enterprises are breaking up their Indian joint venture and will own and operate separate businesses in the country, the companies said in a joint ... See all stories on this topic » | |
JC Penney Says September Same-Store Sales Fall 4% Businessweek J.C. Penney Co. (JCP:US), the department-store chain working to rebound from a $985 million loss, said its sales decline slowed in September and that the improvement will last through the end of the year. Sales at stores open at least 12 months fell 4 percent ... See all stories on this topic » | |
UPDATE 1-Latest leak at Japan's Fukushima plant contaminates 6 workers Reuters Wed Oct 9, 2013 1:30am EDT. * Plant operator says "several tonnes" of water may have leaked. * Leak contained, six workers contaminated (Adds details of leak, recent incidents). By Mari Saito. TOKYO, Oct 9 (Reuters) - Six workers at Japan's Fukushima ... See all stories on this topic » | |
Shutdown means no new beer from craft brewers Houston Chronicle MILWAUKEE (AP) — The federal government shutdown could leave America's craft brewers with a serious hangover. Stores will still offer plenty of suds. But the shutdown has closed an obscure agency that quietly approves new breweries, recipes and labels, ... See all stories on this topic » | |
Global PC sales tank to lowest level since 2008 CNBC.com Global personal computer (PC) shipments tanked almost 9 percent on-year during the third quarter - a period of historically strong demand - to the lowest level in five years, according to a new report by Gartner. "The third quarter is often referred to as the ... See all stories on this topic » | |
Toxic Water Splash 6 in Japan Nuke Plant Mishap ABC News The operator of Japan's crippled nuclear power plant says six workers have been exposed to highly radioactive water that poured out of a treatment unit when they removed a wrong pipe. Tokyo Electric Power Co. said Wednesday that exposure to the workers ... See all stories on this topic » | |
Tension Ratchets Up in Debt Battle Wall Street Journal President Obama looked to raise pressure on Congress to end a week-old partial government shutdown as the House and Senate headed down separate tracks to break a stalemate on government spending and the nation's borrowing limit. Photo: AP. See all stories on this topic » | |
Meredith Whitney Winding Down Brokerage Unit After Starting Fund Bloomberg Meredith Whitney, who built her own Wall Street advisory firm after gaining renown for a 2007 call on Citigroup Inc., deregistered her brokerage unit after three unprofitable years and is setting up an investment fund, according to industry records. Meredith ... See all stories on this topic » | |
New Twitter book says Dorsey betrayed co-founder Glass USA TODAY SAN FRANCISCO -- Twitter Chairman Jack Dorsey betrayed friend and co-founder Noah Glass by getting him ousted from the social media and micro-blogging company, according to a new book by New York Times reporter Nick Bilton. In 2006, when Twitter ... See all stories on this topic » | |
Many remain locked out of federal health-care Web site Washington Post Major insurers, state health-care officials and Democratic allies repeatedly warned the Obama administration in recent months that the new federal health-insurance exchange had significant problems, according to people familiar with the conversations. See all stories on this topic » | |
UN says overall financial situation is 'sound' Seattle Post Intelligencer UNITED NATIONS (AP) — The U.N. management chief says the world body's overall financial situation is "sound" with 134 countries paying their assessment to the organization's regular operating budget by the Oct. 1 deadline. Yukio Takasu told reporters ... See all stories on this topic » | |
Panasonic to exit plasma TV panel business by end-March 2014 Reuters By Reiji Murai. TOKYO | Tue Oct 8, 2013 11:19pm EDT. TOKYO (Reuters) - Panasonic Corp will pull out of the plasma television panel business by the end of the financial year to March 2014, sources familiar with the situation told Reuters, marking a key ... See all stories on this topic » | |
California health insurance enrollment site touts robust activity Los Angeles Times Seeking to rebut mounting criticism over the rollout of Obamacare nationwide, California's insurance exchange boasted that nearly 29,000 people applied for coverage last week under the federal healthcare law. Covered California, the state's new ... See all stories on this topic » | |
How the duffin, a muffin-doughnut hybrid, is provoking cake rage The Guardian The duffin: features in the 2011 Tea With Bea cookbook – and now, as the Duffin, in a Starbucks near you. Photograph: Bea's of Bloomsbury/Instagram. A couple of years ago American baker Bea Vo, proud proprietor of the much-admired London tearooms ... See all stories on this topic » | |
Starbucks aims to squeeze more out of fresh juice craze Los Angeles Times In Southern California's outer orbit, a dusty highway drive away from the L.A.'s health-obsessed celebrities and hipsters, a massive $70-million factory is preparing to churn out 140,000 gallons of premium juice a week. The 264,000-square-foot Rancho ... See all stories on this topic » | |
When Will US Actually Run Out of Time on the Debt Ceiling? TIME With the government shutdown more than a week old and no resolution to the standoff in sight, economy-watchers are turning their attention to the debt limit, which the Treasury Department has estimated we will breach sometime after October 17h. That's the ... See all stories on this topic » | |
SFX Entertainment Prices Its IPO at $13 a Share New York Times The electronic dance music craze will face a referendum of sorts on Wall Street this week. SFX Entertainment, a young company that has bet its fortunes on the continued popularity of dance festivals like TomorrowWorld and Electric Zoo, priced its initial public ... See all stories on this topic » | |
Treasurys End Mixed As Stalemate Continues Wall Street Journal Treasurys ended Tuesday's session with mixed results, with yields tethering to their recent trading range, as investors digested a three-year note auction and continued to wait for a breakthrough in Washington. At 3 p.m. EDT, the benchmark 10-year Treasury ... See all stories on this topic » | |
Plosser Says Tapering Delay Undermined Fed's Credibility Bloomberg Federal Reserve Bank of Philadelphia President Charles Plosser, an opponent of additional stimulus, said the Fed's decision last month not to taper its asset purchases undermined the central bank's credibility. "To delay tapering of our current asset purchase ... See all stories on this topic » | |
Jos. A. Bank Is a Possible Suitor for Men's Wearhouse Wall Street Journal Jos. A. Bank Clothiers Inc. has approached Men's Wearhouse Inc. about a combination of the two companies, according to people familiar with the matter, a proposed deal that would create a nationwide powerhouse in men's apparel. It isn't clear whether the ... See all stories on this topic » | |
Stocks Finish Lower as Stalemate Drags On Wall Street Journal Stock investors stepped up the pace of selling Tuesday, sending major market indexes to their lowest levels in more than a month amid the stalemate in Washington. As has been the case for more than a week, stocks pushed lower as investors considered the ... See all stories on this topic » | |
New GE Report Finds Industrial Internet Can Save Industries Up to $20 Billion a ... Wall Street Journal GE (NYSE:GE) today released a new report detailing how the Industrial Internet, predictive analytics and new machine-human collaboration in the workplace can significantly boost productivity, create new jobs and skills, and minimize unplanned downtime in ... See all stories on this topic » | |
UPDATE 2-Canada August trade deficit widens, hitting Q3 growth Reuters Tue Oct 8, 2013 9:47am EDT. * Imports up 2.1 pct to record high, exports climb 1.8 pct. * Canada posts 20th consecutive trade deficit. * Trade surplus with United States grows to C$3.99 billion. By David Ljunggren and Louise Egan. OTTAWA, Oct 8 (Reuters) ... See all stories on this topic » | |
ADM, seeking global HQ, visits Minnesota -state official Reuters By Tom Polansek. CHICAGO | Wed Oct 9, 2013 2:48am IST. CHICAGO Oct 8 (Reuters) - Archer Daniels Midland Co met with Minnesota officials to discuss moving the agricultural trading house's global headquarters to the state from Illinois, a Minnesota ... See all stories on this topic » | |
Debt Ceiling Worry Hits 4-Week Treasury Auction Bloomberg Oct. 8 (Bloomberg) -- Bloomberg Economics Editor Michael McKee discusses the market impact of the impending debt ceiling on Treasuries with a look at the results of today's four-week bill auction in "On The Markets." He speaks on Bloomberg Television's ... See all stories on this topic » | |
US Treasury, Fed planning for possible default - source Reuters UK By Tim Reid and Jonathan Spicer. WASHINGTON/NEW YORK | Thu Oct 10, 2013 12:04am BST. WASHINGTON/NEW YORK (Reuters) - U.S. Treasury and Federal Reserve officials worried about the growing possibility of a catastrophic default are crafting ... See all stories on this topic » | |
Wisconsin's tax climate may not have worsened slightly in ranking Milwaukee Journal Sentinel The tax climate of Wisconsin dipped to 43rd this year out of all 50 states, according to a report issued Wednesday by the Tax Foundation, a business-backed group. Or did it? The tax policy group, known for calculating "Tax Freedom Day," the day when the ... See all stories on this topic » | |
Area food pantries eye proposed federal cuts while struggling to meet current ... St. Louis Beacon There's nothing fancy on the "want list" of St. Louis area food pantries: just the basic canned and shelf-stable foods they have always distributed to the region's hungry families. What's different these days is the growing quantity of those foods that is required ... See all stories on this topic » | |
Sharing Economy under Scrutiny as New York Attorney General Subpoenas ... Morning News USA New York Attorney General Subpoenas Airbnb NEW YORK – On Monday, New York's Attorney General, Eric Schneiderman, subpoenaed Airbnb in an attempt to collect room rental taxes. The move was driven by Airbnb's resistance to efforts to regulate their ... See all stories on this topic » | |
BALPA: European Commission trying to force through FTL changes ATWOnline The British Air Line Pilots Association (BALPA) has warned the European Commission will try and force through revised flight time limitations (FTL) that were rejected by the European Parliament's (EP) Transport Committee last week. In a statement, BALPA ... See all stories on this topic » | |
Passenger lands plane after pilot gets sick ITN A plane passenger has made an emergency landing after the pilot became ill and unable to operate the controls. Emergency services gathered at Humberside Airport, north Lincolnshire, on Tuesday after the passenger in the light aircraft had to land it with the ... See all stories on this topic » | |
McDonald's To Fill Happy Meals With What Kids Really Want: Books About ... The Consumerist I have two young nieces, and every year for Christmas they plead, "Dear Uncle Chrisso (yes, they call me that; shut up), don't buy us toys or clothing! We crave illustrated books about the virtues of eating healthy!!" Well, McDonald's has just made my holiday ... See all stories on this topic » | |
Costco Wholesale Corporation (COST): As Costco Goes, So Goes The Market Seeking Alpha Even investors that do not own Costco Wholesale Corporation (COST) may want to tune in for the earnings announcement on Wednesday. The shares have tracked the S&P500 index almost perfectly over the last two years and the health of the company may ... See all stories on this topic » | |
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