Oct 2, 2013

Google Alert - Business

News 37 new results for Business
Beanie Babies billionaire Ty Warner enters emotional guilty plea Chicago Tribune
Suburban Chicago businessman Ty Warner, a college dropout who became a billionaire after creating Beanie Babies collectibles, pleaded guilty Wednesday to tax evasion and apologized in a choked-up voice for hiding millions of dollars in a Swiss bank ...
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Activist investor pushes Sotheby's CEO to resign USA TODAY
NEW YORK (AP) — Activist investor Daniel Loeb pushed Sotheby's Chairman and CEO William Ruprecht to resign in a scathing letter Wednesday, calling the New York auction house "an old master painting in desperate need of restoration." Loeb's Third ...
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AFP
Inside the battle to dominate the US auto market CNBC.com
Ford's better-than-expected September sales combined with an 11 percent dip in business last month for General Motors has closed the gap between America's top two automakers. In fact, General Motors outsold Ford by just 2,049 vehicles in the U.S. last ...
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Obamacare exchanges launch with huge volume of visitors CNBC.com
Launched Tuesday, the long-awaited online state insurance exchanges were promptly swarmed by millions of people looking to check out prices and sign up for coverage. But the surge temporarily stalled or froze many exchanges, including the ...
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In a Public Offering, a Symbol of New York Gains a Symbol: ESRT New York Times
The Empire State Building's famous observatory is a key asset for its owner. Mary Altaffer/Associated Press The Empire State Building's famous observatory is a key asset for its owner. King Kong swung from it. Cary Grant and Deborah Kerr planned to meet at ...
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For housing, shutdown is 'freeze of the pipeline' CNBC.com
The government shutdown could wreak havoc on mortgage refinances. CNBC's Diana Olick has the details. The fight may be in Washington, but the effects of the government shutdown will ripple through every neighborhood in America—without a fully ...
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Bitcoin Prices Plunge on Bust of Online 'Black Market' Bloomberg
The price of Bitcoins listed on the Bitstamp Ltd. exchange plunged as much as 33 percent after charges were unsealed for the operator of an online marketplace for drugs and other illicit goods. Ross William Ulbricht, who runs the "Silk Road Hidden Website" ...
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GLOBAL MARKETS-Stocks, dollar pressured as US shutdown drags on Reuters
Thu Oct 3, 2013 4:39am IST. * Dollar on defensive as US government stays shut, debt ceiling looms. * Obama meets congressional leaders, progress to be tough. * Stocks slip, bonds gain amid risk aversion. By Wayne Cole. SYDNEY, Oct 3 (Reuters) - The ...
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Washington Post finalizes $250 million sale to Bezos USA TODAY
The Washington Post now fully belongs to billionaire Jeff Bezos. The Washington Post Co., which had owned the paper, said Tuesday that it has finalized selling that part of the company to the founder and chairman of Amazon.com, a deal that was announced ...
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AFP
ECB Leaves Key Interest Rate Unchanged at 0.5 Pct ABC News
The European Central Bank has kept its key interest rate at a record low 0.5 percent, holding off on more stimulus for the economy of the 17-member euro currency union as it monitors the tentative recovery. The ECB has said its low rates are already ...
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White House Enlists Business Leaders to Pressure Republicans New York Times
Lloyd Blankfein, center, the chief executive of Goldman Sachs, walked with Keith Sherin Stephen Crowley/The New York Times Lloyd Blankfein, center, the chief executive of Goldman Sachs, walked with Keith Sherin, of GE Capital, to the White House for a ...
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Carl Icahn Says He's 'Not Threatening' Apple Over $150 Billion Buyback, But ... Forbes
Activist investor Carl Icahn met with Apple CEO Tim Cook over dinner last night to press the company to do an additional $150 billion share buyback, and said he will going to continue pushing the issue when the two talk again in three weeks. "Had a cordial ...
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Rental car company Enterprise to hire 11000 CBS News
ST. LOUIS Enterprise Holdings, the largest U.S. rental car company, plans to hire 11,000 new full-time workers by the middle of next year, the company told The Associated Press on Wednesday. The hiring is expected to be complete by July 31, and could ...
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Hyundai to defer payments due from US government staff BBC News
Hyundai Motor will defer payments due from US federal employees affected by the partial government shutdown. More than 700,000 employees face unpaid leave due to the shutdown which was triggered after the two houses of Congress did not agree on a ...
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FAA Panel Endorses Wi-Fi as Safe Wall Street Journal
An FAA advisory committee has concluded passengers can safely use hand-held electronic devices, including those connected to onboard Wi-Fi systems, during all portions of flights on nearly all U.S. airliners, according to one of the group's leaders.
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UPDATE 1-Fed's Rosengren: trimming bond-buying would be 'premature' Reuters
Thu Oct 3, 2013 12:06am IST. By Ann Saphir. Oct 2 (Reuters) - Slow growth and a weak jobs market mean the U.S. economy will continue to need support from accommodative monetary policy for years to come, a top U.S. central banker said on Wednesday.
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UTX may furlough 5K workers due to gov't shutdown The Olympian
FILE - In this March 31, 2010 file photo, a GP7000 turbofan engine is seen during a media day tour at Pratt & Whitney company headquarters in East Hartford, Conn. United Technologies Corp. says it may furlough more than 5,000 workers if the U.S. ...
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UPDATE 4-Oil falls below $108 on signs of better supply Reuters
Wed Oct 2, 2013 7:22am EDT. * U.S. crude, gasoline stocks rise in past week - API. * Libya crude oil output rises to 700,000 bpd - minister. * U.S. government shutdown likely to hurt consumer confidence. * Coming Up: U.S. oil stocks data due at 1430 GMT ...
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US takes 'extraordinary' measures to pay bills Financial Times
The US has begun implementing the "final extraordinary measures" to pay the nation's bills ahead of an October 17 deadline for Congress to approve new government borrowings, Treasury secretary Jack Lew told congressional leaders on Tuesday.
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Shutdown Seen Merging With Debt-Limit Fight Amid Impasse Bloomberg
The partisan battles over the U.S. government shutdown and a potential debt default are beginning to merge into a single fiscal fight, raising the stakes for Republicans and Democrats to end the impasse. On the first day of the partial shutdown, lawmakers ...
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Wells Fargo Said to Face New York Action Over Accord Compliance Businessweek
Pedestrians pass in front of a Wells Fargo & Co. bank branch in New York. Photographer: Scott Eells/Bloomberg. Wells Fargo & Co. (WFC:US) will face an enforcement action today by New York state over the bank's alleged failure to uphold terms of a $25 ...
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BlackBerry Filing Describes a Global Slide New York Times
OTTAWA — In a delayed regulatory filing issued on Tuesday evening, the smartphone maker BlackBerry revealed that customers are turning against its products in what had been its one remaining bright spot, the developing world. Bits ...
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Time for Gates to go, some top Microsoft investors tell board CNBC.com
Three of the top 20 investors in Microsoft are lobbying the board to press for Bill Gates to step down as chairman of the software company he co-founded 38 years ago, according to people familiar with matter. While Microsoft Chief Executive Steve Ballmer has ...
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US Stocks Finish Higher Wall Street Journal
Stocks rose despite the first U.S. government shutdown in 17 years, as investors looked on to Washington for signs of political compromise. The Dow Jones Industrial Average rose 62.03 points, or 0.4%, to close at 15191.70. The S&P 500 tacked on 13.45 ...
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FOREX-Dollar off 8-mth low after manufacturing boost, budget row weighs Reuters
Wed Oct 2, 2013 12:47am EDT. * Strong ISM data helps to lift dollar off 8-month low. * Dollar seen under pressure given US political deadlock. * Euro helped by hopes Italy's govt survive confidence motion. * Eyes on ECB as investors expect LTRO later this ...
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Shutdown won't delay Twitter's public IPO filing CNN
The government has shut down and it's fallen on the week that Twitter is reportedly making public its filing for an initial public offering. NEW YORK (CNNMoney). The U.S. government is shut down, but that won't stop Twitter from posting its documents on a ...
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Who Will Deliver the Electric Car? Wall Street Journal
Here's your morning jolt of news, insight and analysis on the global energy business. Send us tips, suggestions and complaints: [email protected] · Click here to receive this morning email newsletter. ARE CARS ELECTRIC? The electric car has been a ...
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Delta Launches New Seattle Service from West Coast Markets MarketWatch
SEATTLE, Oct. 1, 2013 /PRNewswire via COMTEX/ -- Delta Air Lines (NYSE:DAL) will offer new daily nonstop service to Seattle-Tacoma International Airport from San Francisco International Airport as well as increased service from Las Vegas' McCarran ...
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Will The Government Shutdown Put U.S. Stocks On Furlough? TheStreet.com
Buckle up, it could be a bumpy ride. The government shutdown this week is giving stock investors a taste of what could be a volatile October, with the debt ceiling lurking on the horizon and creating additional uncertainty. The S&P 500 has delivered a total ...
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Burlington Stores Sees Good Demand for IPO Wall Street Journal
Burlington Stores Inc., operator of the Burlington Coat Factory retail chain, saw better-than-expected demand for its initial public offering, people familiar with the matter said. The company agreed to sell 13.3 million shares for $17 each late Tuesday, the ...
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Greenpeace: Russia to charge some activists on Wednesday for protest at ... Washington Post
MOSCOW — Greenpeace says it expects some of its activists detained for a protest at a Russian oil platform to be charged as early as Wednesday. It is not clear whether investigators still plan to charge them with piracy, a crime punishable by up to 15 years in ...
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ADP jobs report suddenly got a lot more important CNBC.com
The ADP private sector payrolls report, usually a warm up act for the U.S. government's monthly jobs report, takes center stage this week as the government shutdown leaves Wall Street with a dearth of economic data. The report will be issued at 8:15 a.m. ET ...
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Monsanto Farming Silicon Valley For Big Data Harvest MON ANDE BG DAR Investor's Business Daily
Monsanto's (MON) $930 million purchase of Climate Corp. will allow the seed giant to offer Silicon Valley-style data analytics to farmers seeking to boost yields and manage risks. San Francisco-based Climate Corp., founded in 2006 by software engineers ...
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Stocks Open Lower, Trade Mixed; McDonald's, Electronic Arts Slip Investor's Business Daily
Stocks opened to moderate losses and mixed trade Wednesday as investors factored in a stalled federal government and a less-than-expected gain in new jobs during September. The Dow Jones industrial average slumped 0.9%. The S&P 500 dropped ...
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Wall St takes shutdown in its stride Irish Times
Wrangling in the United States between US president Barack Obama and congressional Republicans has forced the first government shutdown in 17 years. Photograph: Kevin Lamarque/Reuters. Topics: Business · Markets · Congress; More Topics. Wed, Oct ...
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Burger King hopes to 'Satisfry' The Columbian (blog)
Burger King is hoping its attempt at low-fat French fries will "Satisfry" the growing number of people looking for healthier options at restaurants. BK's new Satisfries are touted as having "Big taste, less fat." The new French fries use a special batter recipe that ...
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US shutdown: no cause for panic (yet) IFA Magazine
The US government has begun its first partial shutdown in 17 years, following congress' failure to agree a budget to continue its funding. The S&P 500 closed down 0.6%, whilst the dollar fell against sterling last night, as investors digested the news of the US ...
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