| News | 36 new results for Business |
| Obama to Pick Yellen as Leader of Fed, Officials Say New York Times WASHINGTON — President Obama will nominate Janet L. Yellen as chairwoman of the Federal Reserve on Wednesday, administration officials said Tuesday night, ending an unusually public search to fill one of the most important economic policy-making ... See all stories on this topic » |
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| Little Fear on Wall St. of Default, at Moment New York Times Jacob Lew, the Treasury secretary. The Obama administration and House Republicans are at an Alex Wong/Getty Images Jacob Lew, the Treasury secretary. The Obama administration and House Republicans are at an impasse over the debt ceiling. See all stories on this topic » |
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| Top Bankers Warn on US Debt Proposal Wall Street Journal Top Wall Street executives are warning that any effort to pay interest on U.S. debt before other obligations such as Social Security, a strategy some lawmakers think would placate bond investors if the government breaches its borrowing limit, would pose ... See all stories on this topic » |
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| Stocks Dip in Early Trading ABC News Stocks made modest losses in early trading as investors waited from more developments from Washington to end the government shutdown and raise the nation's borrowing limit. The impasse over the shutdown — sparked by House Republicans' insistence ... See all stories on this topic » | |||
| If credit runs out, what bills will Treasury pay? USA TODAY If Congress doesn't master the trick of raising the debt ceiling, then the day after Halloween will be no treat. Nov. 1 is looming as the critical day when the Treasury Department may not have the money to meet all its commitments if officials don't boost the $16.7 ... See all stories on this topic » |
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| Puerto Rico's debt woes hit muni bond funds USA TODAY While the U.S. struggles with its debt limit, Puerto Rico faces its own debt issues -- and that worries some investors. Like states, Puerto Rico, a U.S. territory, can't file for bankruptcy. But it has some $70 billion in tax-free municipal bonds outstanding, far more ... See all stories on this topic » | |||
| Tech stocks: Nuance surges on Icahn deal USA TODAY Carl Icahn strikes again. The billionaire investor revealed through Twitter he reached a deal with tech company Nuance Communications to place two representatives from his company on their board of directors. Nuance shares have jumped more than 2% in ... See all stories on this topic » |
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| Default Worry Hammers Short-Term US Debt Wall Street Journal Short-term U.S. debt prices tumbled again Tuesday amid rising investor concern about the prospect of a government-debt default, sending the yield on one-month U.S. Treasury bills to its highest level since the financial crisis. With little sign that Republicans ... See all stories on this topic » |
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| German exports rise less than expected in August Reuters BERLIN | Tue Oct 8, 2013 11:33am IST. BERLIN Oct 8 (Reuters) - German exports revived in August, rising slightly less than expected but more than imports and widening the trade surplus, official data showed on Tuesday, in a sign foreign trade will not drag ... See all stories on this topic » |
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| 10 Things to Know for Wednesday ABC News Your daily look at late-breaking news, upcoming events and the stories that will be talked about Wednesday: 1. HINTS OF COMPROMISE IN BUDGET FIGHT. Obama and Boehner appear to give some ground, even if they offer little that's concrete. 2. OBAMA ... See all stories on this topic » |
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| Meltdowns Hobble NSA Data Center Wall Street Journal Chronic electrical surges at the massive new data-storage facility central to the National Security Agency's spying operation have destroyed hundreds of thousands of dollars worth of machinery and delayed the center's opening for a year, according to project ... See all stories on this topic » |
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| Battery-Stored Solar Power Sparks Backlash From Utilities Bloomberg California's three biggest utilities are sparring with their own customers about systems that store energy from the sun, opening another front in the battle that's redefining the mission of electricity generators. Edison International (EIX), PG&E Corp. and Sempra ... See all stories on this topic » |
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| Gov't expects most homeowners to pay more for heat this winter; heating oil ... GlobalPost The government forecast Tuesday that most households will pay more for heat this winter. Heating oil users will catch a slight break, but still pay near-record prices to keep warm. Prices for natural gas, electricity and propane should be higher, the primary ... See all stories on this topic » |
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| To Lift Hong Kong Park, Disney Deploys Iron Man New York Times HONG KONG — Iron Man has proved his might at the Chinese box office. Now Disney is betting that the Marvel superhero has enough muscle to complete a turnaround at its underperforming theme park here — a task of crucial importance as the company ... See all stories on this topic » |
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| Starbucks founder urges CEOs to push for end to federal shutdown Reuters By Lisa Baertlein. Mon Oct 7, 2013 8:21pm EDT. (Reuters) - Howard Schultz, Starbucks Corp's outspoken CEO, on Monday urged fellow business leaders to ratchet up the pressure on U.S. political leaders to end the stalemate that has partially shut down the ... See all stories on this topic » |
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| Federal Court Rules for Amazon in CIA 'Cloud' Contract Dispute With IBM Wall Street Journal A federal court ruled for Amazon.com Inc. in a closely watched dispute over a cloud computing contract with the Central Intelligence Agency. International Business Machines Corp., which is pushing the government to reopen the roughly $600 million contract ... See all stories on this topic » |
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| Asian shares rise on back of Chinese data Irish Times Anxiety over the US debt situation helped support gold, which added 0.3 per cent to around $1,324.5 an ounce. Topics: Business · Markets · Barack Obama · Federal Reserve · Nikkei; More Topics. Tue, Oct 8, 2013, 07:21. First published: Tue, Oct 8, 2013, 07: ... See all stories on this topic » |
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| Alcatel-Lucent to cut 10000 jobs Financial Times Alcatel-Lucent will cut 10,000 jobs across the world, including 900 in its domestic French market, as part of a strategy to slash €1bn in costs from the lossmaking telecoms equipment maker. In total, Alcatel-Lucent will reduce its staff by about 15,000 jobs by ... See all stories on this topic » |
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| FAA Recalls Airline Inspectors Put on Leave by Shutdown Bloomberg Aviation regulators in the U.S. will begin recalling some airline and aircraft inspectors from furloughs spurred by a partial government shutdown that has entered its second week. More than 800 Federal Aviation Administration workers will return to their jobs ... See all stories on this topic » |
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| Europeans Import US Mortgage Models Wall Street Journal U.S. taxpayers had to rescue mortgage giants Fannie Mae and Freddie Mac, but that isn't stopping some European governments from adopting similar programs and institutions. The Dutch government recently announced it will seek to develop its own version ... See all stories on this topic » |
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| Covered California fixes glitch and adds physician search tool 89.3 KPCC Rich Pedroncelli/AP. Gina Macaluso, an employee of Covered California, the state's new health care exchange, provides health insurance at the newly opened call center in Rancho Cordova. Comments · Add your comments. Listen Now. [1 min 1 sec]. See all stories on this topic » |
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| Zulily May Make IPO Paperwork Public This Week Wall Street Journal E-commerce site Zulily Inc. is planning to make public its plans for an initial public offering this week, people familiar with the matter said, as activity around consumer Internet IPOs heats up. The Seattle-based company made a confidential filing with the ... See all stories on this topic » |
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| USDA Buyers Stuck in Limbo as Shutdown Hurts Housing: Mortgages Businessweek Home prices, which have climbed 21 percent nationally since hitting a post-recession low in March 2012, are still 21 percent below their June 2006 peak, according to the S&P/Case-Shiller index of property values in 20 cities. Photographer: Daniel Acker/ ... See all stories on this topic » |
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| Treasuries Becalmed as Debt Cap Approaches With Gross Buying Bloomberg The world's biggest investors are finding U.S. government bonds becoming safer, not more risky, as the deadline to avoid the first American default approaches. The yield on 10-year U.S. bonds dropped to a two-month low of 2.58 percent on Oct. 3, after ... See all stories on this topic » |
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| US Stock Futures Tumble as Budget Stalemate Sets In Wall Street Journal MADRID -- U.S. stock-market futures tumbled Monday and global stocks also sank as the budget stalemate entered its second week with no deal in sight. Weekend interviews with leading politicians and Treasury officials increased anxiety among investors ... See all stories on this topic » |
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| Can KFC Turn Things Around in China? Wall Street Journal That's because even if its China business slows, the company has moved much faster there than its nearest competitor, McDonald's. Both companies still have far fewer outlets in China than they do in America, and therefore see much higher opportunities for ... See all stories on this topic » |
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| Water main breaks near Seattle's University Village KING5.com A major water main broke Tuesday afternoon near University Village in Seattle's Ravenna neighborhood, spewing water water several feet into the air and flooding streets and the parking lot of the popular shopping center. The broken water main is located ... See all stories on this topic » |
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| Treasurys gain as market waits out shutdown MarketWatch NEW YORK (MarketWatch) — Treasury prices rose on Monday as the federal government entered the second week of a partial shutdown, with fears the U.S. could soon run up against the debt limit overshadowing the spending-bill impasse. The benchmark ... See all stories on this topic » |
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| Clock is ticking on older Samsung device ban ... CNET Samsung faces a sales ban on some of its older devices, unless it gets bailed out by the White House. The deadline for that is Tuesday. Josh Lowensohn. by Josh Lowensohn. October 7, 2013 12:30 PM PDT. Follow @Josh. While Samsung's pitching its latest ... See all stories on this topic » |
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| Interesting October Stock Options for Hewlett-Packard Forbes Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Hewlett-Packard Hewlett-Packard Co (NYSE: HPQ). So this week we highlight one interesting put contract, and one interesting call contract, ... See all stories on this topic » |
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| Debt ceiling 101: 12 questions about what's going on Christian Science Monitor The US Treasury has warned that as early as Oct. 17 it will no longer be able to cover all the government's rising financial obligations. If the government wants to keep paying all its bills, Congress must allow the Treasury to borrow more money – in other ... See all stories on this topic » |
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| Obamacare Chief Defends Rocky Start on The Daily Show TIME U.S. Secretary of Health and Human Services Kathleen Sebelius at the Democratic National Convention in Charlotte, N.C., Sept. 4, 2012. Email · Print; Share. Facebook · Twitter · Tumblr · LinkedIn · StumbleUpon · Reddit · Digg · Mixx · Delicious · Google+. See all stories on this topic » |
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| Law to change energy rates, aid renewable power San Francisco Chronicle Gov. Jerry Brown on Monday signed California's most sweeping energy legislation this year, a bill to restructure utility rates, increase the state's use of renewable power and create a new way to pay solar homeowners for their excess electricity. The bill, AB327 ... See all stories on this topic » |
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| Switzerland ETFs: Safest Play in Europe? Zacks.com This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339. Europe has rebounded quite well and is now ... See all stories on this topic » |
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| Small business owners grow more upbeat about Canada's economic outlook ... Financial Post OTTAWA — Small business owners in Canada appear to be warming to the idea of an improving economic performance next year. But the consumers who are expected to purchase their products aren't necessarily buying into that optimism. The Bank of ... See all stories on this topic » |
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| Tweeter Home shares explode on apparent Twitter mix-up Emirates 24/7 Excitement for Twitter's coming IPO is running pretty high - so much so that some investors on Friday mistook the nearly worthless stock of long-dead electronics retailer Tweeter for the "tweeting" site, sending shares up more than 1,000 percent. Tweeter Home ... See all stories on this topic » |
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