Oct 10, 2013

Google Alert - Business

News 32 new results for Business
Dominick's parent seeks to sell Chicago area stores Chicago Tribune
Dominick's parent Safeway Inc. said Thursday it will leave the Chicago market by next year. What happens next for the 72 Chicago area Dominick's locations is still unclear. Safeway said it's trying to sell as many of the stores as quickly as it can, adding that it's ...
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Blue Cross Health Plans Jump to an Early Lead New York Times
Published: October 10, 2013. Color the new online insurance marketplaces Blue. Related. Health Act Embraced in California (October 11, 2013). In Florida, Opposition by the State and Snags in Signing Up on the Web (October 11, 2013). Add to Portfolio.
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Stocks Soar on Budget-Deal Hopes Wall Street Journal
The Dow Jones Industrial Average soared more than 300 points as investors breathed a sigh of relief that lawmakers showed signs of breaking the political gridlock in Washington. Hints of an end to the political brinkmanship which led to a partial government ...
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Tracing the Calendar Down to the Last Cent New York Times
WASHINGTON — Oct. 17 is the day the Treasury Department expects to exhaust its so-called extraordinary measures to keep paying the country's bills, putting it on the precipice of default. But officials in Washington and traders on Wall Street have a second, ...
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BlackBerry co-founders considering bid for company Reuters
By Alastair Sharp. TORONTO | Thu Oct 10, 2013 6:52pm EDT. TORONTO (Reuters) - BlackBerry Ltd co-founders Mike Lazaridis and Douglas Fregin are considering a bid to buy the struggling smartphone maker, according to a securities filing on Thursday, ...
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Government Standoff Shakes Trust in US Debt New York Times
In good times and bad, the world's financial system has long been able to rely on one thing: that the United States government would pay back its debt on time. This assumption has made short-term government debt the most basic building block of the ...
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US Jobless Claims Show Sharp Increase New York Times
WASHINGTON — The number of Americans applying for unemployment benefits rose by 66,000 last week to a seasonally adjusted 374,000, an increase largely caused after California processed a huge backlog of claims and after the partial government ...
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US homes entering foreclosure process slid in 3Q to lowest level in 7 years Fox News
LOS ANGELES – The number of U.S. homes set on the path to foreclosure slid to a seven-year low in the third quarter, reflecting a gradually improving housing market and fewer homeowners falling behind on mortgage payments. Lenders initiated foreclosure ...
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Dreamliner flight diverted back to San Diego over maintenance issue Fox News
SAN DIEGO – A Boeing 787 Dreamliner headed to Tokyo was diverted back to San Diego because of a possible problem with the aircraft's deicing system. NBC-7 in San Diego reports the Japan Airlines flight left Lindbergh Field shortly after 1:30 p.m. PDT ...
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New York Fed sued over Goldman oversight Financial Times
A former bank examiner filed a suit against the Federal Reserve Bank of New York on Thursday, claiming she was fired after criticising Goldman Sachs for its policies on managing conflicts of interest. Carmen Segarra is suing the New York Fed and three of its ...
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Wis. company holds annual 'Running of the Roaches' Houston Chronicle
NEW BERLIN, Wis. (AP) — Cockroaches are the subject of nightmares for some people. But for one Wisconsin company, they're a sport. Batzner Pest Management held its 13th annual "Running of the Roaches" on Thursday in New Berlin. Nine Madagascar ...
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JPMorgan seeks to bail on dicey lenders: Report CNBC.com
Embattled mega bank JPMorgan Chase is looking to scale back its involvement with certain types of businesses, the Wall Street Journal reported late Tuesday, seeking to lower its profile at a time when its reputation is under regulatory and legal assault.
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Brazilian Brothers Settle Over Heinz Trades Wall Street Journal
Two brothers agreed to pay nearly $5 million to settle insider-trading allegations that they were behind a big stock-options trade made the day before the blockbuster $23 billion buyout of H.J. Heinz Co. in February, the Securities and Exchange Commission ...
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Wall Street Rallies as Threat of US Default Eases ABC News
Wall Street roared in approval Thursday after Washington appeared to break an impasse that threatened to push the country into default. The stock market was on track for its best day since January after Republican leaders said they would vote to extend the ...
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SF Bay could be hours from second transit strike U.S. News & World Report
OAKLAND, Calif. (AP) — They've had 59 days for heated talks to chill, but the two sides in a Bay Area Rapid Transit labor dispute still haven't reached a deal. If Friday's day 60 of a state-mandated cooling-off period ends with no agreement, BART's workers ...
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Premier Li Keqiang outlines China's concerns on US debt Financial Times
Chinese premier Li Keqiang has expressed concern to the US over its debt ceiling debate, while other Asian leaders have said they are taking steps to deal with the risk of an unprecedented US default. Mr Li said China – the biggest foreign holder of US ...
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GLOBAL MARKETS-Short-term rates pressured, dollar up on Fed minutes Reuters
Thu Oct 10, 2013 2:36am IST. * Wall Street edges higher after Fed's September minutes. * Dollar makes gains on yen and Swiss franc. * Oil dips below $110, gold eases. By Barani Krishnan. NEW YORK, Oct 9 (Reuters) - Strains in short-term interest rates and ...
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Carney at 100 Days Confronts Looming Housing Battle: U.K. Credit Bloomberg
Bank of England Governor Mark Carney marked his 100th day in office yesterday with his monetary policy assured and a political battle looming over stability risks from the government's housing-market plans. Since starting on July 1, he's implemented ...
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US cities bringing in more revenues, building reserves Reuters
WASHINGTON | Thu Oct 10, 2013 6:59pm IST. WASHINGTON Oct 9 (Reuters) - The financial clouds that settled over U.S. cities during the 2007-09 recession are lifting, with a survey released on Thursday showing cities' revenues likely increased in 2013 for ...
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Stocks mostly higher on signs of compromise emerging in Washington as debt ... Washington Post
NEW YORK — Signs that lawmakers are making moves to end a stalemate in Washington and avert a U.S. government debt default halted a slump on the stock market Wednesday. President Barack Obama is making plans to talk with Republican lawmakers ...
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Draghi Says US Critics Were Wrong to Think Euro Would Collapse Bloomberg
European Central Bank President Mario Draghi said critics of the euro underestimated the region's political commitment to the single currency. "Many commentators on this side of the Atlantic looked at the euro area and were convinced it would fail," Draghi ...
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Meredith Whitney Winding Down Brokerage Unit Bloomberg
Oct. 9 (Bloomberg) -- Meredith Whitney, who built her own Wall Street advisory firm after gaining renown for a 2007 call on Citigroup, deregistered her brokerage unit after three unprofitable years and is setting up an investment fund, according to industry ...
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2 former top execs of OC Register owner seek $4.5 million in severance Los Angeles Times
Two former top executives have sued Freedom Communications Inc., owner of the Orange County Register, saying the company has failed to pay them a combined $4.5 million in severance pay. Mitchell Stern, Freedom's chief executive from 2010 to 2012, ...
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Stocks Jump on Hopes for an End to Budget Impasse ABC News
Stocks are rising sharply in early trading on Wall Street following hopeful signs that a budget impasse in Washington may break soon. The Dow Jones industrial average jumped 154 points, or 1 percent, to 14,955 in the first few minutes of trading Thursday.
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New from Hershey: soft caramels Houston Chronicle
The Hershey Co. is launching a new candy brand, its first new brand in 30 years, a soft caramel creme line called Lancaster. And for the first time it is taking a double barreled approach, debuting the candy in the U.S. and China at once. The move comes as ...
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More questions and answers on Obamacare Tampabay.com
Affordable Care Act navigator Nini Hadwen, right, speaks with Jorge Hernandez and Marta Aguirre as they shop for health insurance during a navigation session Tuesday in Miami. . Tampa Bay Times readers have been asking lots of questions about the ...
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Bakken truck traffic has ND counties scrambling to fix roads Environment & Energy Publishing
WILLISTON, N.D. -- When the oil boom started in North Dakota, the roads were the first thing to give way. Mountrail County, where some of the first Bakken wells were drilled, has about 200 miles of paved county road. The other 1,100 miles that the county ...
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Government Shutdown May Alter The Course Of QE3, Bring Lower Mortgage ... The Mortgage Reports
The Government Shutdown may soon affect the future of low mortgage rates -- for the better. After the group's September 2013 meeting, Federal Reserve members were divided about the future of QE3. Some members favored holding QE3 at full strength, ...
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Market News: Alcoa, Hewlett-Packard, Darden Restaurants, Yum! Brands ValueWalk
The Dow Jones Industrial Average (DJIA) and the S&P 500 recorded a slight gain, up by 0.18% and 0.6%, respectively while the Nasdaq Composite remained on the red zone, down by -0.46% after the closing of the trading session today. market news ...
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Debt, patience pushed to limits: Your Say USA TODAY
Letters to the editor: Treasury Secretary Jack Lew should present a follow-up article on his piece "Failure to pay nation's bills hurts everyone" for clarification. Lew's dire warnings about not increasing the debt limit were sandwiched around this statement: "It is ...
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Eurogroup head cancels IMF trip due to Dutch budget talks MSN Money
AMSTERDAM, Oct 10 (Reuters) - Dutch finance minister and Eurogroup head Jeroen Dijsselbloem has cancelled a trip to the annual IMF meetings to deal with urgent domestic budget negotiations, Dutch media reported on Thursday. Dijsselbloem had been ...
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AFP
US Stock Futures Up Ahead Of Fed Minutes Benzinga
US stock futures rose in early pre-market trade. The Federal Open Market Committee will release minutes of its latest meeting at 2:30 p.m. ET. President Barack Obama will nominate Janet Yellen as chairman of the Federal Reserve, according to a White ...
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