Bank layoffs rise as mortgage refinances fall USA TODAY Banks are laying off thousands of people, but it's because the economy is actually getting a little better. Bank of America's announcement that it is laying off 1,200 people who work on mortgage refinancings was only the latest salvo. The company also said it ... | |
Jury Finds Toyota Liable in Fatal Wreck in Oklahoma New York Times OKLAHOMA CITY — Toyota Motor is liable for a 2007 crash that left one woman dead and another seriously injured after a Camry suddenly accelerated, an Oklahoma state court jury decided Thursday. | |
Heinz Ketchup Loses Access to the World's Most Famous Fries Wall Street Journal Ketchup was designed by a higher power specifically for fries to be dipped in, as we all know. And on that front, here's some bad news for the world's best known purveyor of the red stuff, the Pittsburgh Post-Gazette reports: McDonald's is moving to clear Heinz ... | |
Pound Set for Weekly Gain Versus Dollar Before UK GDP Report Bloomberg The pound headed for a second weekly gain versus the dollar before a government report analysts said will show U.K. economic growth accelerated in the third quarter. Sterling was little changed against the euro after Bank of England Governor Mark Carney ... | |
U.S. Stocks Rise as Amazon, Microsoft Rally Amid Fed Bets Bloomberg U.S. stocks rose, sending the Standard & Poor's 500 Index to a record, as Amazon.com Inc. and Microsoft Corp. sales beat estimates while a drop in consumer confidence added to speculation the Federal Reserve will delay scaling back monetary stimulus. | |
Kraft recalling 735000 cases of string cheese Chicago Tribune Kraft Foods Group is recalling some varieties of Kraft and Polly-O String Cheese and String Cheese Twists products because they may spoil before their "Best When Used By" code dates. The affected products all have code dates from Oct. 25, 2013 through ... | |
United hit with record $1.1M ground delay fine Chicago Tribune United Airlines has been fined $1.1 million by the Department of Transportation for 13 lengthy flight delays that occured on a single stormy day at O'Hare International Airport last year. It's the largest fine assessed by the government since a rule aiming to limit ... | |
Exclusive: In rare China sale, Sinopec seeks partner for Canada shale Reuters By Chen Aizhu. BEIJING | Fri Oct 25, 2013 12:42am EDT. BEIJING (Reuters) - Sinopec Group wants to sell half of its two biggest shale gas acreages in Canada to spread costs and accelerate their development, as the Chinese energy company focuses ... | |
Full testing of HealthCare.gov began too late, contractors say Washington Post Private contractors in charge of building the federal online health insurance marketplace testified Thursday that the administration went ahead with the Oct. 1 launch of HealthCare.gov despite insufficient testing. In their first public remarks since the debut of ... | |
Consumer Sentiment in US Fell to 10-Month Low in October Bloomberg Consumer confidence in the U.S. dropped in October to a 10-month low, showing the reopening of the federal government failed to reassure households. The Thomson Reuters/University of Michigan final consumer sentiment index decreased to 73.2, the ... | |
From a medical perspective, Obamacare seems smart The Riverdale Press Right now, 48 million Americans lack health insurance —that is more than 15 percent of us — and many more could lose their coverage in a blink. Without access to healthcare there is no preventive care, and illness goes untreated until it becomes very ... | |
Europe's Morning MoneyBeat: We're Data Watching Today Wall Street Journal Having effectively shrugged off some disappointing local manufacturing and service sector numbers Thursday, European stocks will be data watching again as the new session gets under way. Germany's Ifo business sentiment survey will be the likely ... | |
AP sources: foreign help to US could be exposed KFMB North Dakota, the nation's No. 2 oil producer behind Texas, recorded nearly 300 oil pipeline spills in less than two years, state documents show. None of them were reported to the public, officials said.More >>. North Dakota, the nation's No. 2 oil producer ... | |
Regulators Weigh Reductions in Size of U.S.-Guaranteed Mortgages Bloomberg Lawmakers and regulators are debating whether it's time to shrink the size of mortgages that the U.S government will guarantee, five years after they first boosted loan limits in response to the financial crisis. President Barack Obama and housing regulators ... | |
US Stocks Rise on Earnings as Investors Assess Data Bloomberg U.S. stocks rose, putting the Standard & Poor's 500 Index three points from a record, as corporate earnings beat estimates and signs of slower economic growth fueled bets the Federal Reserve will maintain stimulus. Homebuilders rallied 3.3 percent as a ... | |
Government did not test health care site as needed USA TODAY WASHINGTON — Not enough tests were performed on the HealthCare.gov website by the government and its contractors before the site was launched Oct. 1, a Department of Health and Human Services official said Thursday. "The system just wasn't tested ... | |
Walmart's China Expansion Aims to Tap Urbanization Businessweek Wal-Mart Stores plans to ramp up operations in China's smaller cities, adding as many as 110 stores during the next three years as the world's largest retailer faces stiff competition from local players. Other key changes to make it more competitive include ... | |
'Aristocratic' Ways Are Getting Tired at P&G Wall Street Journal Get ready to hear an aristocrat speak Friday when Procter & Gamble Co. unveils fiscal first-quarter results. No, revered Chief Executive A.G. Lafley hasn't been knighted and, oddly, isn't slated to be on the earnings call. The blue blood is the company itself. | |
Career Education sells business for more than its own market cap Reuters Fri Oct 25, 2013 4:15am IST. (Reuters) - Career Education Corp (CECO.O) said it will sell its European education business to private equity firm Apax Partners for about $305 million, sending its shares up more than 50 percent in extended trading on Thursday ... | |
Janet Yellen: What's Ahead For The Fed? Forbes When Ben Bernanke completes his second term as Federal Reserve Board chairman in January, Janet Yellen should be more than ready to take the helm of the U.S. central bank, according to Wharton faculty and other experts. Current Federal Reserve ... | |
The Most Ridiculous Excuses For Calling In Sick This Year Forbes Mischievous teenagers aren't the only ones playing hooky. According to a new CareerBuilder survey, 32% of professional adults called in sick when they weren't actually ill at least once this year. But instead of simply telling their managers, "I can't make it in ... | |
Amazon Publishing exec to depart amid uncertainty in its print producing efforts CNET Larry Kirshbaum, the editorial head of Amazon's adult and children's publishing imprints, is on his way out as Amazon ponders its next move in book publishing. Nick Statt. by Nick Statt. October 25, 2013 12:02 PM PDT. Follow @nickstatt. Amazon CEO Jeff ... | |
Non-UK businesses generate more than a quarter of growth Telegraph.co.uk The Office for National Statistics (ONS) said businesses with overseas owners contributed 28pc of gross value added - a measure of economic activity related to production and income - in 2011. The ONS said foreign-owned businesses were likely to be ... | |
Oil/gas rep: Anti-fracking groups are well-funded, too Boulder Weekly A spokesperson for the oil and gas industry is claiming that local anti-fracking groups benefit from just as much financial support as the industry when it comes to campaigning on the upcoming oil and gas ballot measures in Boulder and Lafayette. | |
Earnings News After-Hours: Microsoft Corporation (MSFT), Zynga Inc (ZNGA ... International Business Times Wall Street closed near session highs on Thursday, as investors weighed stronger-than-expected corporate earnings from Ford Motor Co. (NYSE: F), 3M Co. (NYSE: MMM) and others. After the bell, Microsoft Corp. (NASDAQ: MSFT) reported fiscal first-quarter ... | |
Durable goods, earnings on tap optionMONSTER Research The Commerce Department will release the numbers for September at 8:30 a.m. ET. Economists expect an increase of 3.5 percent compared with growth of 0.1 percent the previous month. Excluding volatile transportation orders, the gain is forecast to be 0.3 ... | |
Who Exactly Is Fixing HealthCare.gov? Nextgov (blog) Paul Ryan and Elizabeth Warren are among the early adopters of a website that invites citizens to tell lawmakers what they really want. facebook; twitter; google; Comments. // October 23, 2013. LATEST NEWS. HealthCare.gov's New Chief Fixer Doesn't Know ... | |
Markets steady despite big slide in Nikkei Columbus Telegram Financial markets outside of Japan were lackluster Friday at the end of a week that's seen the S&P 500 and Germany's DAX post record highs and the dollar fall to near two-year lows against the euro. In Tokyo, the benchmark Nikkei index slid 2.8 percent to ... | |
Euro slips in Asia on slowing eurozone business activity Business Recorder image TOKYO: The euro on Friday slipped from two-year highs against the dollar as slowing eurozone business activity weighed on the unit, while the dollar held steady against the yen. The European single currency fetched $1.3793 in Tokyo midday trade ... | |
Greenland's green light for uranium extraction sparks environmental concerns euronews Greenland's parliament has voted to end a decades-long ban on mining for radioactive materials such as uranium. Greenland, an autonomous Danish territory, is looking to boost its economy, which is currently dependent on fishing and Danish subsidies. | |
IPO Preview: CommScope Seeking Alpha Based in Hickory, NC, CommScope (COMM) scheduled a $750 million IPO with a market capitalization of $3.8 billion at price range mid-point of $19.50 for Friday, October 25, 2013. Four IPOs are scheduled for this week. The full IPO calendar can be found at ... | |
Peugeot signs deal with unions to boost competitiveness The Malay Mail Online Philippe Varin (left), Chief Executive Officer of French carmaker PSA Peugeot Citroen and PSA head of human ressources Philippe Dorge (2nd left) sign an in-house security pact with trade union representative Anna Valleron (CFE-CGC) and Serge Maffi ... | |
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