Asian shares fall, dollar firms on Fed tapering bets Reuters TOKYO (Reuters) - Asian shares sagged and the dollar stuck close to a two-month high against the yen in early trade on Wednesday as investors positioned for the possibility that the U.S. Federal Reserve would soon start slowing down its asset-buying ... | |
Southern California home prices are flat for fourth month in a row Los Angeles Times Southern California home prices appear to have hit a wall, with the median home price flat for the fourth consecutive month in October. The median sale price was $383,750 last month, 21.8% higher than last year — but virtually unchanged from June, ... | |
Dispute with Kraft costs Starbucks $2.7 billion USA TODAY Starbucks owes Kraft Foods big-time. An arbitrator on Tuesday concluded that Starbucks must pay $2.23 billion in damages plus $527 million in prejudgment interest and attorney's fees, following the coffee giant's early termination of a bagged coffee grocery ... | |
Obama Taps Massad to Head CFTC Wall Street Journal WASHINGTON—President Barack Obama tapped Timothy Massad, a senior Treasury Department official, to head the Commodity Futures Trading Commission on Tuesday, saying he will continue the agency's push to "prevent future crises" by bringing ... | |
Hong Kong shares hit 2-mth low, China slides after plenum disappointment Reuters ... Print. * HSI -1.3 pct, H-shares -2 pct, CSI300 -1.1 pct. * Plenum disappoints on lack of details, SOEs seen staying dominant. * China growth plays hit, investors trim long positions. * Tencent extends slide ahead of quarterly earnings. By Clement Tan. | |
7 things to know about ethanol Businessweek President Barack Obama has called corn-based ethanol "the most successful alternative fuel we have ever developed." Billed as a green replacement for billions of gallons of gasoline, ethanol has enjoyed widespread political support. But the results of ... | |
Futures Slip After Dow Hits Another New Record ABC News U.S. stock futures are pulling back after the Dow Jones index struck another record high this week. Dow Jones industrial futures are down 10 points to 15,713. S&P futures have lost 2.4 points to hit 1,765.20. Nasdaq futures are down 4.25 points to 3,350. | |
Deutsche Post profit up 5.8%, but misses estimates MarketWatch German mailing and logistics group Deutsche Post AG (DPW.XE) Tuesday confirmed its outlook of higher sales and earnings this year, despite third quarter figures coming in just under analysts' expectations. MAIN FACTS: -Third quarter net profit rose 5.8% ... | |
Indonesia Unexpectedly Raises Key Rate to Highest Since 2009 Bloomberg Indonesia's central bank unexpectedly raised its benchmark interest rate as policy makers intensify efforts to narrow a current-account deficit that has weighed on the rupiah. Governor Agus Martowardojo and his board increased the reference rate by 25 basis ... | |
Anthem Blue Cross extends some canceled health insurance policies Los Angeles Times Amid an uproar over widespread cancellations of health insurance policies, Anthem Blue Cross of California said it is granting a two-month extension through February to 104,000 customers. California's largest for-profit insurer is offering more time to a small ... | |
Vodafone Swings to Profit; Plans to Spend GBP7 Billion Wall Street Journal LONDON--Vodafone Group PLC (VOD.LN) Tuesday said it is making progress as it posted a swing to profit and detailed a GBP7 billion ($9.4 billion) spending plan to boost its businesses in key European and emerging markets. Net profit in the six months to ... | |
Court Authorizes IRS to Issue Summonses for Records Relating to US ... eNews Park Forest Washington, DC—(ENEWSPF)—November 12, 2013. U.S. District Judge Kimba M. Wood of the Southern District of New York entered an order on Nov. 7, 2013, authorizing the IRS to issue summonses requiring Bank of New York Mellon (Mellon) and ... | |
Andrew Huszar: Confessions of a Quantitative Easer Wall Street Journal We went on a bond-buying spree that was supposed to help Main Street. Instead, it was a feast for Wall Street. Email; Print. Save ↓ More. Save to ↓ More. Save ↓ More. Saved ↓ More. Please log in or register for free to use Save This. Log In · Register. | |
Rabbi returns $98000 he found in desk he bought on Craigslist CNN (CNN) -- A Connecticut rabbi returned $98,000 in cash he found in a plastic bag hidden behind drawers of an ordinary office desk he bought on Craigslist in September. Rabbi Noah Muroff, a high school teacher at a private Jewish school in New Haven, ... | |
Funding concern over 'youth guarantee' scheme Irish Times A spokesman for Minister for Social Protection Joan Burton last night said details of how a youth guarantee scheme will operate next year were still being finalised and will not be completed until December. Photograph: Frank Miller. Carl O'Brien. Topics: News ... | |
EU Adds to Pressure Over German Exports Wall Street Journal BRUSSELS—The European Union is set to open an in-depth review of the German economy because of worries that weak domestic demand in its biggest member threatens to undermine a nascent euro-zone recovery. The move could heighten tensions ... | |
Tech Startups See Opportunity in New Healthcare Law Wall Street Journal In the coming months, the Affordable Care Act will produce millions of newly insured Americans, many of whom will be making decisions about health care for the first time. A host of software startups plans to court the newly insured with slick online tools ... | |
US Stocks Rise as Dow Extends Record on Stimulus Bets Bloomberg U.S. stocks rose, with the Dow Jones Industrial Average extending a record, as investors awaited retailer earnings reports to gauge the strength of consumer demand and the likelihood of cuts to monetary stimulus. Transocean Ltd. added 3.6 percent after the ... | |
FDA Wants More Testing of Muscular-Dystrophy Drug Wall Street Journal An experimental muscular-dystrophy drug made by Sarepta Therapeutics Inc. will be delayed at least two years after U.S. regulators suggested that the company's current study data are inadequate. The company had hoped to have its drug, eteplirsen, ... | |
US STOCKS-Dow ends at record high in light trade; focus on Fed Reuters ... Print. * Bond markets shut for holiday; market volume light. * Friday's jobs data prompts more speculation about Fed tapering. * Transocean reaches deal with Icahn over dividend. * News Corp shares down after the bell. * Dow up 0.1 pct; S&P 500 up 0.1 pct ... | |
Preview - Dish likely to keep wireless strategy under wraps for months Reuters NEW YORK (Reuters) - Dish Network Corp's billionaire chairman Charlie Ergen is likely to keep investors in suspense for at least a few more months over how he'll put to work the billions of dollars worth of wireless spectrum he's amassed. That's because ... | |
Canada's Flaherty to Shed Light on Planned 2015 Surplus Tuesday Wall Street Journal Just how big will Canada's budget surplus be in 2015? Canadians should have a clearer picture after Finance Minister Jim Flaherty delivers the fall economic update Tuesday. Late last month, Mr. Flaherty vowed to record a sizable budget surplus in the fiscal ... | |
TransUnion: Rate of late payments on US mortgages falls to lowest level since ... Washington Post LOS ANGELES — Fewer U.S. homeowners are falling behind on their mortgage payments, aided by rising home values, low interest rates and stable job gains. The trend brought down the national late-payment rate on home loans in the third quarter to a ... | |
Office Depot Gifts Customers with Holiday Deals Starting Thanksgiving Day Wall Street Journal Office Depot, Inc. (NYSE:ODP), a leading global provider of office supplies and services, today announced for the first time ever that it is extending its holiday hours. Most retail stores will be open from 8 p.m. to 11 p.m. local time on Thanksgiving Day and ... | |
Obamacare Website Aims to Lure Back Frustrated Users WPRO (WASHINGTON) -- The Obama administration is sufficiently confident about improvements to HealthCare.gov that they have formally begun summoning people back to the site to try again. The Center for Medicaid and Medicare Services on Tuesday began ... | |
Green Energy Is Out to Get Tesla Bloomberg Shares of Tesla Motors Inc. fell by as much as 22 percent during one stretch last week, the biggest decline since the company went public in 2010. Much of the attention has been directed to the tendency of the company's Model S to catch fire when driving ... | |
The Future of Energy: The Geopolitics of Oil Wall Street Journal "It's been 40 years since the 1973 oil crisis, when Middle East producers for geopolitical reasons put an embargo on oil to the U.S. If we were to think forward to the 60th anniversary of OPEC—if it still exists—the U.S. by that time will almost certainly be ... | |
IMF plans to review Iranian economy next year Reuters WASHINGTON Nov 11 (Reuters) - The International Monetary Fund (IMF) plans to conduct a regular assessment of Iran's economy early next year, the first time in over two years, Fund staff said after a visit to the country. An IMF mission would allow the Fund ... | |
Air charter provider Global Aviation files for bankruptcy again Reuters Nov 12 (Reuters) - Global Aviation Holdings Inc, the largest commercial provider of charter air transportation for the U.S. military, filed for bankruptcy protection early on Tuesday, just months after emerging out of its prior reorganization process. Global Aviation ... | |
Turkey Bond Yields Advance to 7-Week High on Fed Tapering Bets Bloomberg Turkey's bond yields rose to their highest level in more than seven weeks after U.S. jobs data boosted speculation the Federal Reserve will taper stimulus and as the government in Ankara prepared for a debt sale tomorrow. Yields on two-year bonds jumped ... | |
ADVISORY/ MakerBot Holds Press Conference -- 10:00 am, Tuesday, November ... Wall Street Journal WHO: MakerBot, the global leader in desktop 3D printing and scanning, is making a major announcement at 10:00 a.m., Tuesday, November 12. This announcement impacts education, STEM, technology, manufacturing in America, business and more. | |
Goldman's Hatzius: Look for a March taper CNBC.com Goldman Sachs Chief Economist Jan Hatzius says it is "more likely" the Fed will want to begin taper plans as early as March after the chair transition. Despite a better-than-expected jobs report last week, the Federal Reserve would mostly wait until March to ... | |
CCTV Script 12/11/2013 CNBC.com Billionaire hedge fund manager Dan Loeb's Third Point Partners has outperformed its peers this year. CNBC's Kate Kelly finds out what other prospects Loeb may be looking at. [Package on tape by CNBC Reporter Kate Kelly] In the midst of a stunning of a ... | |
European Markets Climbed On Chinese Data RTT News The European markets ended Monday's session in positive territory. The markets received a boost from the better than expected Chinese industrial production data released over the weekend. However, the gains were restrained by investor concerns that the ... | |
Asian shares mixed after Wall St gains Business Recorder image HONG KONG: Asian shares were mixed on Tuesday with Tokyo buoyed by a weaker yen after US stocks hit another record high. With a lack of major trading cues, markets awaited the release of economic policy details from a key meeting of China's ... | |
Statistically speaking: Owners spend billions of administrative hours on operations News & Observer According to a recent OfficeMax Small Business Efficiency Index survey of 321 owners, more than 4 billion hours a year are spent managing business operations and administrative duties. Here are more findings from the report: 41% of owners said the lost ... | |
Euro rebounds after losses on ECB rate cut Business Recorder image NEW YORK CITY: The euro rebounded Monday after last week's losses that came on the back of the European Central Bank's surprise rate cut and unexpectedly strong US economic data. At 2200 GMT Monday the euro was trading at $1.3407, up from ... | |
Jos. A. Bank Clothiers Rating Increased to Neutral at Zacks (JOSB) Ticker Report Jos. A. Bank Clothiers Inc. logo Jos. A. Bank Clothiers (NASDAQ:JOSB) was upgraded by Zacks from an "underperform" rating to a "neutral" rating in a research report issued on Monday, AnalystRatingsNetwork.com reports. The firm currently has a $49.80 ... | |
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