JPMorgan Faces Possible Penalty in Madoff Case New York Times Bernard L. Madoff, whose Ponzi scheme reaped billions from investors, was a JPMorgan Mario Tama/Getty Images Bernard L. Madoff, whose Ponzi scheme reaped billions from investors, was a JPMorgan client. Federal authorities are preparing to take action ... | |
To Expand Offshore Power, Japan Builds Floating Windmills New York Times OFF THE COAST OF FUKUSHIMA, Japan — Twelve miles out to sea from the severely damaged and leaking nuclear reactors at Fukushima, a giant floating wind turbine signals the start of Japan's most ambitious bet yet on clean energy. Enlarge This Image ... | |
Amazon's Revenue Soars, But No Profit Is in Sight New York Times SAN FRANCISCO — Amazon's third quarter followed a familiar script: it sold vast quantities of things, lost money while doing so, and investors were delighted. Amazon's market activity over the last three months. | |
Ex-NPR CEO Vivian Schiller joins Twitter USA TODAY Vivian Schiller, who left NPR abruptly two years ago, is joining Twitter in January as the head of news partnerships. As it should be, Twitter made the announcement in a tweet Thursday, noting it was "thrilled." Schiller then tweeted to her 6,700 some followers: ... | |
Fed Stimulus Still Makes Sense for Economy, Goldman's Cohn Says Bloomberg The Federal Reserve may not taper its stimulus efforts soon as the U.S. economy has failed to pick up and inflation remains low, Goldman Sachs Group Inc. President Gary D. Cohn said. "If you look at where we are economically, versus where we were a year ... | |
Instagram reveals its new ads CNN The photo-sharing network Instagram on Thursday pulled back the curtain on a sample ad that will appear in users' feeds during the coming week. The ad, which looks much like a normal Instagram post, will carry a designation as "sponsored" content. | |
Contractors Assign Blame, but Admit No Faults of Their Own, in Health Site New York Times WASHINGTON — Contractors that built President Obama's health insurance marketplace point fingers at one another and at the government, but each insists that it is not responsible for the problems that infuriated millions of Americans trying to buy insurance ... | |
Samsung Profit Surges as Cheaper Handsets Team With Chips Bloomberg Samsung Electronics Co. (005930), Asia's biggest technology company, posted record third-quarter earnings on increased sales of cheaper Galaxy smartphones and a rally in memory-chip prices. Net income, excluding minority interest, rose 25 percent to ... | |
Japan Price Gauge Stops Slide as Abe Drives Pickup: Economy Bloomberg A gauge of Japan's prices (JCPNEFEY) ended four years of declines, signaling progress in Prime Minister Shinzo Abe's campaign to stamp out deflation and drive a sustained economic revival. Prices excluding energy and fresh food were unchanged from a ... | |
Icahn launches website to push for Apple changes USA TODAY SAN FRANCISCO -- Billionaire activist investor Carl Icahn said Wednesday he is launching a new website to push for changes at Apple. "Just sent a letter to Tim Cook. Full letter will be disclosed on my website, the Shareholders' Square Table, which will be ... | |
Japan September CPI data shows progress towards deflation exit Reuters By Tetsushi Kajimoto. TOKYO | Thu Oct 24, 2013 8:29pm EDT. TOKYO (Reuters) - Japan's core consumer prices rose in September from a year earlier for a fourth straight month and held near the fastest pace in nearly five years, government data showed on ... | |
Citigroup to Credit Suisse Said to Face US Mortgage-Bond Probe Businessweek Credit Suisse sold about $150 billion in home loans to private investors and other non-agency mortgage-bond pools from 2004 through 2010, according to the Swiss bank's 2010 annual report. Photographer: Gianluca Colla/Bloomberg. Citigroup Inc. (C:US) ... | |
French beverage company Pernod Ricard sees sales slump 9 percent as ... Fox News PARIS – French beverage company Pernod Ricard saw sales fall sharply over the past three months, with the biggest decline in Asia and other emerging markets. The maker of Absolut vodka said Thursday that revenue in the July-to-September period was 2 ... | |
Unilever announces 3rd Quarter Results 2013 Wall Street Journal UNILEVER TRADING STATEMENT THIRD QUARTER 2013 GOOD PROGRESS IN SLOWER MARKETS Nine months highlights * Underlying sales growth 4.4% with emerging markets up 8.8% * Underlying volume growth 2.4% ahead of our markets and ... | |
Credit Suisse revamps rate trading after income slide Reuters ZURICH | Thu Oct 24, 2013 10:35am IST. ZURICH Oct 24 (Reuters) - Credit Suisse said it would restructure its interest rate trading activities following a third-quarter slide in revenue at its investment bank. The Swiss bank said overall net profit rose on the year ... | |
Japanese inflation nears 5-year high Financial Times Japanese inflation remained close to its highest level in five years in September, government data showed on Friday, as a weaker yen pushed up the cost of imported oil and gas. The core consumer price index, which excludes relatively volatile prices for ... | |
American captain, engineer kidnapped by pirates off coast of Nigeria Fox News Pirates have attacked a US-flagged oil platform supply vessel off the coast of Nigeria and kidnapped the captain and chief engineer, who are both Americans. The attack on the C-Retriever ship, which is owned by Louisiana-based Edison Chouest Offshore, ... | |
Asian stocks down after weak US earnings Montana Standard An improvement in Chinese manufacturing wasn't enough to boost Asian stock markets Thursday after Wall Street fell on disappointing corporate earnings and jitters continued about tighter credit in China. U.S. stocks broke a four-day streak of record closes ... | |
Health Care Law Fails to Lower Prices for Rural Areas New York Times As technical failures bedevil the rollout of President Obama's health care law, evidence is emerging that one of the program's loftiest goals — to encourage competition among insurers in an effort to keep costs low — is falling short for many rural Americans. | |
Jobless claims fall to 350K; 4-week average up USA TODAY WASHINGTON — The number of Americans seeking unemployment benefits dropped 12,000 to a seasonally adjusted 350,000 last week, though the total was elevated for the third straight week by technical problems in California. The Labor Department said ... | |
Import Prices Rose Slightly in September New York Times WASHINGTON — American import prices rose for a second month in September as the cost of petroleum increased, but there was no sign of a buildup in imported inflation pressures. Import prices rose 0.2 percent last month after a revised 0.2 percent gain in ... | |
UPDATE 3-McKesson $8.3 bln deal for drugs trader Celesio to create market ... Reuters Thu Oct 24, 2013 1:48pm IST. * McKesson makes 23 eur/shr public tender offer for Celesio. * Celesio investor Haniel agrees to sell 50 pct stake. * Combined group would have more than $150 bln in sales. * Celesio shares open 4.7 percent higher. * Largest ... | |
Zynga Earnings Preview: Update On Strategic Initiatives Is More Important Than ... Trefis Investors will be keen to know of Zynga's (NASDAQ:ZNGA) revival strategy as the company releases its Q3 2013 earnings on October 24. Last quarter was disappointing as the social gaming giant's web bookings fell by 44% as compared to the same period a ... | |
Obamacare Vendor Blames U.S. Agency for Website Delays Bloomberg CGI Group Inc. (GIB/A), the main contractor for the Obamacare health exchanges, will tell lawmakers today it did nothing wrong and blame another vendor and a federal agency for website flaws hobbling online registration. The U.S. government is the ... | |
Spain Ends Two-Year Recession Amid Effort to Add Jobs Bloomberg Spain emerged from a two-year recession in the third quarter, strengthening Prime Minister Mariano Rajoy's efforts to repair the nation's finances and reduce the 26 percent jobless rate. Gross domestic product expanded 0.1 percent from the second quarter, ... | |
Santander poised for big profit jump as bad debt provisions fall Reuters Thu Oct 24, 2013 3:31am IST. * Santander, Sabadell, Bankinter report 9-mth earnings. * Results due out before Madrid market open. * Profits seen up on lower provisions. * Net interest income seen falling. MADRID, Oct 24 (Reuters) - Santander, the euro ... | |
The freelancer's guide to Obamacare MarketWatch After years of choosing between sky-high premiums and going without any health coverage, millions of freelancers will benefit from the Affordable Care Act because of expanded eligibility requirements, new public insurance exchanges and improvements to ... | |
Comply365 Signs Multi-Contract With Southwest Airlines MarketWatch BELOIT, WI, Oct 23, 2013 (Marketwired via COMTEX) -- Comply365 is pleased to announce Southwest Airlines (NYSE:LUV) signed a contract to use its innovative and easy-to-use mobile productivity suite. Southwest employees now have instant access to ... | |
Reserve Bank of Australia Feels the Fed's Pain Wall Street Journal It's upside-down economics in Australia, where the government is bailing out the central bank rather than the other way around. And the U.S. Federal Reserve is partly to blame. Australia's Treasury said Wednesday it's injecting 8.8 billion Australian dollars ... | |
Ford Must Avoid Road Hazards to Reach $30 TheStreet.com NEW YORK (TheStreet) -- There was a point earlier this year when the Street was completely in awe about what Alan Mulally has done to turn around the fortunes of Ford (F), which, until his arrival, had struggled to execute. Impressively, in only the first seven ... | |
Microsoft earnings report to reflect company revamp The Seattle Times Starting Thursday, the company will report earnings broken largely into two broad categories, Devices & Consumer and Commercial, and five segments within those categories. By Janet I. Tu. Seattle Times technology reporter ... | |
NQ Mobile Stock Plunges As Short Seller Charges 'Massive Fraud' NQ Investor's Business Daily NQ Mobile (NQ) stock, which had quadrupled this year, plunged Thursday after Muddy Waters — run by short-seller Carson Block — started coverage with a "strong sell" rating and alleged fraud. NQ Mobile stock was down 50% in afternoon trading in the ... | |
New Zealand Trade Deficit Narrows Sharply in September NASDAQ WELLINGTON, New Zealand--New Zealand's trade deficit narrowed sharply in September, partly due to a rise in dairy exports as well as the lack of large capital imports. The country recorded a 199 million New Zealand dollar (US$168 million) goods, ... | |
Many Americans don't expect to ever retire The Journal News / Lohud.com Many Americans say they don't think they will ever be able to retire. / Thinkstock. USA Today. by Rodney Brooks, USA TODAY. USA Today. by Rodney Brooks, USA TODAY. Filed Under. USA Today money · USA Today personalfinance. In a sign of just how ... | |
Mortgage Rates from Bank of America (October 24, 2013) Morning Ledger Mortgage Rates from Bank of America Bank of America today, updated their interest rates for various mortgage and refinance loans offered by them. The interest rate for the 30 year fixed rate type mortgage loan offered by the bank is kept to be 4.125% which ... | |
California joins 8-state drive for zero-emission cars OCRegister (subscription) California will join with seven other states Thursday to give a collective push to the market for cars that run with zero emissions, with a goal of placing 3.3 million such vehicles on the road by 2025. The state's air-quality agency was expected to announce the ... | |
Wall Street pulls back with S&P snapping 4-day record run Xinhua NEW YORK, Oct. 23 (Xinhua) -- U.S. stocks retreated on Wednesday, with the S&P 500 snapping a four-day streak of record highs amid mixed earnings reports from renowned companies. The Dow Jones Industrial Average slid 54.33 points, or 0.35 percent, ... | |
Why the government shutdown could haunt the housing market well past ... Phoenix Business Journal (blog) The federal government has now been reopened for one week, but the 16-day shutdown is likely to have a lingering impact on the housing market through the end of the year, according to Freddie Mac's U.S. Economic and Housing Market Outlook for October ... | |
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