Oct 14, 2013

Google Alert - Business

News 42 new results for Business
Most Americans expect to work during 'retirement,' poll finds Los Angeles Times
More than 4 in 5 older Americans expect to keep working during their latter years, a sign that traditional retirement is out of reach for vast swaths of society, according to a new survey. Among Americans ages 50 and older who currently have jobs, 82% expect ...
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China central bank underlines reform push with record yuan despite weak exports Reuters
By Pete Sweeney. SHANGHAI | Mon Oct 14, 2013 6:02pm EDT. SHANGHAI (Reuters) - China's central bank appeared to underline its commitment to currency reform on Monday by allowing the yuan to rise to a record high against the dollar despite signs of ...
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BlackBerry Seeks to Reassure Customers With Newspaper Ads Bloomberg
BlackBerry Ltd. (BB) is taking out full-page ads in newspapers worldwide in a bid to convince carriers, consumers and partners that they shouldn't abandon the struggling smartphone maker. "These are no doubt challenging times for us and we don't ...
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Bernanke hails Mexico's central bank independence Boston.com
WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke says central bank independence is vital to the credibility needed to keep inflation under control. Bernanke is speaking via video to a Mexico City conference celebrating 20 years since the ...
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Stock futures sag as debt-ceiling deadline nears USA TODAY
U.S. stock futures fell Monday as the deadline to increase the U.S. debt ceiling inched closer. Dow Jones industrial average index futures fell 0.7%, Standard & Poor's 500 index futures shed 0.8% and Nasdaq index futures dropped 0.5%. Washington has until ...
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Big appetite for new China banking licenses Financial Times
Would you like a 30-year mortgage to go with your air conditioner? How about no-fee chequing along with your flat-screen television? These are the kinds of questions Chinese manufacturers and retailers could soon be asking their customers if they get their ...
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India Inflation Unexpectedly Quickens, Adding to Rate-Rise Case Bloomberg
Indian inflation unexpectedly accelerated to a seven-month high in September, adding to the case for a further increase in the benchmark interest rate. The wholesale-price index rose 6.46 percent from a year earlier, compared with a 6.1 percent advance in ...
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Singapore's 'volatile' growth could continue for a while CNBC.com
Sharp swings in Singapore's growth data are likely to continue in the coming quarters due to the Southeast Asian economy's reliance on international trade and financial services, economists say. The comments follow an advance estimate showing the ...
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Debt ceiling talks push stocks higher Businessweek
NEW YORK (AP) — Stocks rose Monday, helped by signs that Washington was moving closer to a deal that would avert a default by the U.S. government. The stock market started the session broadly lower after negotiations between the White House and ...
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Walmart shelves in Springhill, Mansfield, cleared in EBT glitch KSLA-TV
This image, posted on Facebook, shows empty shelves at the Springhill Walmart store after a run on meat and other food products Saturday night. Another photo from the Springhill Walmart store shows carts overflowing with food, reportedly left abandoned ...
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Peugeot Reaffirms Partner Talks to Raise Investment Funds Bloomberg
PSA Peugeot Citroen (UG), Europe's second-biggest carmaker, reaffirmed it's examining new cooperation agreements to raise cash for investments and expand outside its home continent, where demand is at a 20-year low. Peugeot is "examining industrial ...
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Britain to ease China visa restrictions AFP
Beijing — Britain says it will make it easier for China's citizens to obtain visas, as it seeks a bigger slice of the multi-billion-dollar Chinese traveller cake. Finance minister George Osborne, who is in China leading a British trade delegation, promised the new ...
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AFP
Dassault Systemes warns on Q3 revenue and profit Reuters
PARIS | Mon Oct 14, 2013 10:51am IST. PARIS Oct 14 (Reuters) - French software maker Dassault Systemes warned on Monday its third-quarter revenue and earnings were lower than previously expected, citing sluggish orders. The company, which is due to ...
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The crisis with an on/off switch CNN
On Thursday, the Treasury Department will have only cash on hand and any money coming in -- which varies day to day -- to pay the U.S. government's bills. What's up with the debt ceiling? Are you better off? And the bills will exceed the revenue and cash at ...
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NPR
Columbus Day closings in the Twin Cities Pioneer Press
Today is Columbus Day and some institutions are closed for the federal holiday. The current government shutdown may make the matter irrelevent at the federal level. --Federal offices are closed. --City, county and state offices are open. --Post offices are ...
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Canadian gov't to push cable providers to unbundle channels Reuters
TORONTO | Sun Oct 13, 2013 4:25pm EDT. TORONTO Oct 13 (Reuters) - The Canadian government will soon require cable and satellite television providers to make it easier for customers to buy only the channels they want rather than pay for bundles, the ...
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UPDATE 1-Saudi Aramco says ready to use unconventional gas for power plant Reuters
Sun Oct 13, 2013 10:22pm EDT. * To join U.S. as a unconventional gas producer. * Ready to commit gas for Saudi power plant project (Adds quotes, details). By Florence Tan and Meeyoung Cho. DAEGU, South Korea, Oct 14 (Reuters) - Saudi Aramco will ...
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AFP
Samaras on Offense as Greek Bailout 3.0 Talks Loom Bloomberg
Greek Prime Minister Antonis Samaras has gone on the offensive at home and abroad, seeking leverage as the spotlight in Europe's financial-crisis drama returns to the country where it began. Cracking down on a nationalist party linked to a murder and ...
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Air France-KLM's stand unclear for Alitalia capital increase Reuters
Mon Oct 14, 2013 3:30am IST. * Alitalia shareholder meeting starts at 1500 GMT. * Air France-KLM to decide on cash call after meeting. * Air France-KLM puts strict conditions on cash call participation. * Capital hike without Air France-KLM ups Alitalia ...
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Boeing cited for overcharging on Chinook program STLtoday.com
Boeing Co.'s St. Louis-based defense unit overcharged the Pentagon by as much as $16.6 million for parts on the CH-47F Chinook helicopter, according to an audit obtained by Bloomberg News. The news service Monday published a report, dated in June, ...
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Economics Nobel Has a Better Record Than 'Real' Ones Bloomberg
Tomorrow, the Nobel Foundation will announce the winner of the "Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel," which was established in 1969. Wags like to point out that this isn't nearly as impressive as an "actual" Nobel Prize ...
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US Stock Futures Fall on Debt Concerns Wall Street Journal
U.S. stock futures traded lower on Sunday night as traders grew discouraged over the continued fiscal standoff in Washington. Futures on the Standard & Poor's 500-stock index were down 13.50 points, or about 0.8%, while Dow Jones futures were down 104, ...
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Ford, University of Michigan open new lab to speed development of electric car ... Washington Post
ANN ARBOR, Mich. — Ford Motor Co. and the University of Michigan are opening a new battery research and manufacturing lab that they hope will speed the development of batteries for electric and hybrid cars. The center, on the university's campus in Ann ...
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AMRN SHAREHOLDER ALERT: The Law Firm of Wohl & Fruchter LLP Is ... Wall Street Journal
The law firm of Wohl & Fruchter LLP is investigating possible violations of federal securities laws by officers and directors of Amarin Corporation plc (Amarin) (NASDAQ: AMRN). On October 11, 2013, the Food & Drug Administration (FDA) released its briefing ...
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Koor sells another 6.2 million Credit Suisse shares Reuters
JERUSALEM | Sun Oct 13, 2013 1:13pm IST. JERUSALEM (Reuters) - Israeli holding company Koor Industries (KOR.TA) has sold another 6.2 million shares in Swiss bank Credit Suisse (CSGN.VX) for 175.87 million Swiss francs ($193 million), the company ...
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Utah State Bar drops ethical misconduct complaint against Swallow Dixie Press Online
SALT LAKE CITY – It was announced Sunday that the Utah State Bar will close one of its investigations into Utah Attorney General John Swallow, and will not prosecute him concerning allegations that Swallow violated rules of professional conduct.
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China's Huawei rules out large acquisitions: report Reuters
FRANKFURT | Sun Oct 13, 2013 12:17pm EDT. FRANKFURT (Reuters) - China's Huawei, one of the world's largest telecoms network infrastructure providers, is not planning any large takeovers because it would be unable to integrate them, Deputy Chairman ...
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Macy's to open Thanksgiving Day for first time ever, report says ABC7Chicago.com
October 13, 2013 (CHICAGO) (WLS) -- Macy's is making big plans to make this holiday season a profitable one. The retailer is breaking a 155-year tradition and will open at 8 p.m. on Thanksgiving Day. Macy's will be open for 24 hours straight, according to ...
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New Zogby Poll: Obama Recovers, Congress Suffers from Shutdown Forbes
A new poll by Zogby Analytics shows President Barack Obama bouncing a couple of points from a low 43% job approval rating two weeks ago. The new poll of 909 likely voters conducted online October 9 and 10, has the President up to 45% approval and ...
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Korea's Hankook Tire to build first US factory for $800 mln Reuters
SEOUL | Mon Oct 14, 2013 2:09am EDT. SEOUL Oct 14 (Reuters) - South Korean tyre maker Hankook Tire Co Ltd on Monday said it plans to spend $800 million on building its first U.S. factory to capitalise on the recovery of the second-biggest car market and ...
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Blame Europe's policy makers for lost growth Financial Times
The most frequent sentiment among readers these days is this: surely the years before 2008 were a bubble? In those giddy days, gross domestic product and other economic indicators were overshooting. So why even try to return to pre-crisis growth trends?
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'De-Americanised' world needed after US shutdown: China media Economic Times
BEIJING: While US politicians grapple with how to reopen their shuttered government and avoid a potentially disastrous default on their debt, the world should consider 'de-Americanising', a commentary on China's official news agency said Sunday. "As US ...
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Ad Agency's IKEA Website a Viral Hit WPRO
(NEW YORK) -- Swedish company IKEA is famous for its do-it-yourself home furnishings and its Swedish meatballs. And now an ad agency has created a viral Internet sensation poking fun at its unpronounceable product names, quizzing visitors on whether a ...
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Guyana Indignant over Venezuelan Naval Seizure PanAmerican Post
Venezuela has entered Guyana's territorial waters to capture a US company-operated ship in a move that signifies "a serious threat to peace in the region." Georgetown has demanded the "immediate release" of the seismic survey vessel and its crew. "The RV ...
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Yahoo's Native Ads Have an Image Problem Digiday
Yahoo, perpetually a step behind in recent years, was late to the native ad rush. Now, it's trying to play catch-up. Visitors to Yahoo's sites are used to being greeted by both content and advertising, but the two are beginning to blur. The stream of content on the ...
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Over 200 Cars Race to Bring Awareness to Ethanol Fuel 1011now
KEARNEY, Neb. -- At Kearney Raceway Park, 250 ethanol powered race cars were flying down the drag way. They can top speeds of 200 miles an hour. It was billed as "Corn-Fed Madness" as professional racers from across the nation took part over the ...
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Draghi praises Ireland for crisis efforts Irish Times
European Central Bank president Mario Draghi: "Structural reforms have been undertaken and financial stability risks have consistently, continuously and significantly been reduced in Ireland." Photograph: Andrew Harrer/Bloomberg. Simon Carswell. Topics ...
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Netflix in talks with US cable companies: WSJ Reuters UK
NEW YORK | Mon Oct 14, 2013 12:34am BST. NEW YORK (Reuters) - Netflix Inc is in talks with several U.S. cable television companies including Comcast Corp and Suddenlink Communications to make its streaming video service available through their ...
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Uralkali CEO's Charges Changed The Moscow Times
MINSK — Belarus has changed the charges faced by the detained CEO of Russian fertilizer maker Uralkali, upping the maximum possible punishment by two years, according to the Belarussian president. "They have reclassified the charge to embezzlement, ...
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Stocks Rally due to Optimism about Debt Deal Ticker Report
Stocks closed higher Friday as they added to the previous day's gains that was attributed to the optimism regarding the progress of debt limit negotiations in Washington. The Dow Jones Industrial average increased 0.7 percent. The Standard & Poor's 500 ...
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Foursquare Ads Are Now Available for All Businesses Adweek
Foursquare is rolling out its self-service ads for all companies after letting some 800 merchants test the platform in the last two months. The New York-based social-mobile firm has 1.5 million businesses using its free platform, and it now aims to get a healthy ...
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Wall Street falls on default concerns WKZO
A trader works on the floor of the New York Stock Exchange (NYSE) just after the opening bell, October 10, 2013. REUTERS/Mike Segar. NEW YORK (Reuters) - Stocks fell at the open on Monday as traders focused on events in Washington after weekend ...
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