Pace of US job growth slows Los Angeles Times WASHINGTON — The job market weakened in September amid a slowdown in key growth engines such as healthcare and leisure — a worrisome sign given that the employment picture probably worsened this month with the partial federal government ... | |
Pinterest Raises $225 Million, as Valuation Jumps to $3.8 Billion New York Times The tech world may be abuzz about Twitter, but a big new social network is showing that it's no slouch. Pinterest confirmed on Wednesday that it had raised $225 million in a new round of financing that values the company at $3.8 billion. | |
China Manufacturing Gauge Tops Forecasts in Boost to Recovery Bloomberg China's manufacturing strengthened by more than anticipated this month, a sign that the nation's recovery is picking up momentum this quarter. The preliminary 50.9 reading for a Purchasing Managers' Index released today by HSBC Holdings Plc and Markit ... | |
Families Blocked by Investors From Buying U.S. Homes Bloomberg Home purchases by institutional buyers reached a record high in September and all-cash buyers accounted for almost half of sales as investors responded to rising demand from renters. Institutional purchases accounted for 14 percent of sales, according to a ... | |
An end to hunger could be a Buffett away USA TODAY NEW YORK — Howard G. Buffett has seen the face of hunger up close. He has the pictures, taken from his own camera, and a new book, 40 Chances: Finding Hope in a Hungry World, to prove that hunger is as abundant in some places on Earth as food is ... | |
UK Peer-To-Peer Lending Platform Funding Circle Raises $37M, Targets US ... TechCrunch Small businesses have been called the lifeblood of our economy, and today a a financial services startup has picked up a significant round of funding to help them circulate better. Funding Circle, a UK-based peer-to-peer lending platform that lets individuals ... | |
Oracle's Big Machines Acquisition Predicts The Future Of Cloud Selling ... Forbes Oracle's acquisition of leading Configure Price Quote (CPQ) provider Big Machines today validates that enterprises are increasingly adopting cloud-based applications to accelerate their selling efforts. Of the many strategies enterprises can pursue to increase ... | |
Chinese paper urges release of journalist who reported provincial company's ... Fox News BEIJING – A Chinese newspaper made a rare front-page appeal for police to release one of its reporters after he was detained for writing reports alleging financial misdeeds at a large construction equipment company. The New Express newspaper on ... | |
Boston Scientific Will Cut 1100 to 1500 Jobs by 2015 Bloomberg Boston Scientific Corp., the second-biggest maker of heart devices, plans to fire an additional 1,100 to 1,500 workers through 2015 as part of a new restructuring program, the company said in a regulatory filing. The reorganization builds on a program ... | |
Given soaring profits, is American merger needed? US Airways' Parker says yes Dallas Morning News Excluding special items, US Airways Group earned a record $367 million in the third quarter. Last week, its merger partner, American Airlines parent AMR, reported a record $530 million, also ex-items. Doug Parker (Doug Parker). Those strong results have ... | |
Starbucks Opens Its First Tea Bar As CEO Schultz Bets On $90 Billion Market Forbes You heard it here first: the billionaire behind Starbucks Starbucks is watching his caffeine intake. Howard Schultz, CEO of the chain, won't drink coffee after 5pm. He's more of a tea man these days, having taken a liking to the Maharaja Chai Oolong blend sold ... | |
WellPoint Lifts Profit Outlook On ObamaCare Exchanges WLP UNH Investor's Business Daily WellPoint (WLP), the second-biggest U.S. insurer, increased its full-year forecast as the company gears up for business from the U.S. health care law's new online insurance markets. Profit is expected to be at least $8.40 a share in 2013, Indianapolis-based ... | |
Unemployment rate dips to 7.2 percent, but US job creation weakens (+video) Christian Science Monitor The US unemployment rate fell in September to 7.2 percent, but the economy added a disappointing 148,000 new jobs. Skip to next paragraph. Related stories. Five best and worst states for job growth · September jobs report shows young people still losing ... | |
Boeing To Boost Dreamliner Output, Stock Takes Flight BA Investor's Business Daily Boeing (BA) stock climbed to a fresh high Wednesday after the aerospace giant reported strong commercial plane demand and plans to increase production of the 787 Dreamliner. Boeing said third-quarter earnings jumped 33.3% to $1.80 per share. Analysts ... | |
Obamacare Crashes Months in Coming Not Easily Repaired Bloomberg In the weeks before the start of Obamacare, officials failed to complete exhaustive testing of the program's website in a push to begin signups by Oct. 1, according to people involved in the rollout. The federal Healthcare.gov site -- which has been plagued by ... | |
BofA Said to Face Three More Probes of Mortgage-Bond Sales Bloomberg Bank of America Corp., sued by U.S. attorneys in August over an $850 million mortgage bond, faces three more Justice Department civil probes over mortgage-backed securities, according to two people with direct knowledge of the situation. U.S. attorneys ... | |
SEC to propose monumental crowdfunding rules on Wednesday Washington Post It was supposed to take 270 days. Instead, it has taken about twice that long. On Wednesday, though, federal regulators will come one step closer to allowing people to purchase equity in start-ups through new online "crowdfunding" marketplaces. A protester ... | |
Exclusive: Cerberus, others explore deal for Safeway - sources Reuters By Olivia Oran and Soyoung Kim. NEW YORK | Tue Oct 22, 2013 7:50pm EDT. NEW YORK (Reuters) - A handful of buyout firms, including Cerberus Capital Management LP, are exploring a deal for all or part of supermarket chain Safeway Inc (SWY. | |
Dollar Index Busts Support Toward 1-Year Low: Technical Analysis Bloomberg The Dollar Index may decline to its lowest level in more than 13 months after weaker-than-forecast payroll data pushed the gauge below a key support level, according to JPMorgan Chase & Co., citing technical indicators. The benchmark gauge may ... | |
Scientists find gold growing on trees in Australia CNN (CNN) -- Parents beware: You're about to have one less idiom in your repertoire. Scientists in Australia have discovered gold deposits on eucalyptus trees in the Outback. Yes, you read that right -- money can actually "grow" on trees. While it's not new that ... | |
Heineken N.V. reports 2013 third quarter results MarketWatch (Thomson Reuters ONE via COMTEX) -- Amsterdam, 23 October 2013 - Heineken N.V. today announced its trading update for the third quarter of 2013. HIGHLIGHTS. - Group revenue: +1% reported; +0.4% on an organic basis. - Group revenue per hectolitre ... | |
Democratic Sen. Shaheen calls for White House to extend open enrollment Washington Post (blog) Sen. Jeanne Shaheen (D-N.H.) on Tuesday called on the White House to extend open enrollment for the new health insurance exchange after the Web site's glitch-ridden debut and ongoing tech issues. "Given the existing problems with the website, I urge ... | |
Banking Balkanization Prevails in Europe on Eve of Review Bloomberg As the European Central Bank prepares to take its first big step toward a banking union, the financial industry in the region remains as fragmented as ever. Access to credit is choked off in the economies that need it most, banks are more dependent on ... | |
Don't Kill Fannie and Freddie Bloomberg Five years after they were rescued with taxpayer money, Fannie Mae and Freddie Mac (FMCC) are thriving. The two giant providers of cash for mortgages now back almost 9 out of 10 home loans. Fannie, founded during the New Deal as a federal agency and ... | |
Corning and Samsung Strengthen Strategic Collaborations Wall Street Journal CORNING, N.Y., October 22, 2013 - Corning Incorporated (NYSE: GLW) announced today that it is entering into a series of strategic and financial agreements with Samsung Display Co., Ltd., intended to strengthen product and technology collaborations ... | |
US Shale Producers Drilling Bigger, Faster Wells Wall Street Journal The U.S. boom in oil and natural gas shows no signs of petering out, new data show, despite doubts raised by rival countries. New statistics from the federal government suggest the industry is becoming more efficient: Companies have figured out ways to use ... | |
Poloz Seen Keeping 1% Canada Policy Interest Rate Bloomberg The Bank of Canada will probably keep its bias to tighten interest rates in the future, even with its growth forecast declining and exports remaining lower than before the recession, as it holds its key policy rate steady. The benchmark rate will remain at 1 ... | |
Activist investor Carl Icahn sells Netflix shares Los Angeles Times Activist investor Carl Icahn said he sold nearly 3 million shares in Netflix, noting he reaped a substantial windfall from his investment in the online video service. Icahn said he decided it was time to cash out, after the rapid appreciation of the company's stock, ... | |
American Realty Capital Properties Leadership Team Saddened by Passing of ... Sacramento Bee NEW YORK, Oct. 22, 2013 -- /PRNewswire/ -- American Realty Capital Properties, Inc.'s ("ARCP") (NASDAQ: ARCP) leadership team announced today that it is deeply saddened by the passing of Dr. Walter P. Lomax, Jr., a veteran independent director who ... | |
UPDATE 1-UK recovery firming but to stay modest, says Bank of England's Bean Reuters Tue Oct 22, 2013 3:44pm IST. * Says 7 percent jobless threshold for rate move not set in stone. * Says threshold could drop if slack in economy stays substantial. * No sign of house price bubble, but Help to Buy fees could be raised. LONDON, Oct 22 (Reuters) ... | |
With Caterpillar, Digging In for the Long Haul Wall Street Journal For one thing, Caterpillar Inc., while wounded, is very much alive. For another, while Wednesday's third-quarter results may be helpful for the company's share price, it won't be because sales have rebounded. They continue to look ugly. But the machinery ... | |
Verizon Wireless Expands 4G LTE Network In Columbus, Pennsylvania MarketWatch COLUMBUS, Pa., Oct. 22, 2013 /PRNewswire via COMTEX/ -- WHO: Verizon Wireless, operator of the nation's largest 4G LTE network and largest, most reliable 3G network. WHAT: Verizon Wireless customers in more portions of the Columbus, Pa., area can ... | |
Paper by EU Economist Backs Austerity's Critics Wall Street Journal Coordinated austerity in euro-area countries has stifled economic recovery and deepened the crisis across the currency bloc, according to a new technical paper prepared by an economist at the European Commission. Spending cuts in Germany in particular ... | |
Four Tips to Help Maximize Social Security Chicago Tribune Incorporating Social Security into a retirement strategy is a smart move. The money taken out of your paycheck every month may be unwelcome now, but it can give you monthly income later in life. However, some question if Social Security will last long ... | |
Peugeot will remain French, insists protectionist French minister Telegraph.co.uk Arnaud Montebourg , the self-styled champion of "Le Made in France", has insisted that PSA Peugeot Citroen will remain French, just days after reports that the loss-making firm was in talks with China's Dongfeng over a capital increase. The embattled French ... | |
Is healthcare.gov turning the corner? Not so fast TucsonSentinel.com In some ways, the Affordable Care Act seemed to catch a break last week. Republicans in Congress failed in their attempts to repeal the law or delay its implementation. At the same time, consumers and journalists began reporting success — after many failed ... | |
Bristol-Myers Earnings Preview: New Drugs To Maintain Growth Trefis Bristol-Myers Squibb (NYSE:BMY) is scheduled to report its earnings for Q3 2013 on October 23. Last quarter, the company reported a 9% year-on-year decline in its revenue. However, the decline was primarily due to the U.S. patent expiries of ... | |
Taxpayers will have less time to file taxes in 2014 CNYcentral.com WASHINGTON -- Taxpayers will have less time to file their taxes this spring, due to the government shutdown. The start date to file taxes was January 21, but now the Internal Revenue Service says the date will be pushed back a week or two, most likely ... | |
Apple's Mac discounts might bring down PC prices: Analysts Firstpost San Francisco: Apple Inc is refreshing its iPad lineup in hopes of reclaiming lost ground in the tablet market and slashing the prices of its Mac computers to intensify the pressure on the beleaguered makers of PCs running Microsoft's Windows. Apple Macbook ... | |
Corruption Probe Hits Glaxo's China Sales Sky News The drugs company will say on Wednesday that sales in China have slumped during a corruption probe, Sky News understands. 10:25pm UK, Tuesday 22 October 2013. A Chinese national flag flutters in front of a GlaxoSmithKline (GSK) office building in. | |
BANGLADESH: New $24m package includes Better Work scheme just-style.com The Better Work programme was today given the go-ahead to begin in Bangladesh, as part of a wider US$24.21m package aimed at improving working conditions in country's ready-made garment sector. The three-and-a-half year initiative - 'Improving ... | |
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