Asian stocks set to bounce, dollar eases on Yellen's comments Reuters TOKYO (Reuters) - Asian share markets were set to bounce on Thursday after Federal Reserve Vice Chair Janet Yellen said the Fed has "more work to do" to help the economy, spurring U.S. stocks higher and putting the dollar on the defensive. Yellen's ... | |
Tax Authorities in Italy Put Apple Under Investigation New York Times ROME — Italian prosecutors have opened an investigation into whether Apple paid all its taxes in the country, an official in Milan said on Wednesday. Bits · More Tech Coverage. News from the technology industry, including start-ups, the Internet, enterprise ... | |
Shopping, Before the Turkey Gets Cold New York Times Teenagers and college students can spend only so much time cooped up with their families on a holiday like Thanksgiving. Enlarge This Image. Robert Neubecker. This year, some retailers are betting that this target spending group dashes out the door after ... | |
Japan's Growth Slows as Exports, Consumption Decline Bloomberg Japan's economy slowed for the second straight quarter as weaker consumer spending and a decline in export growth outweighed a strengthening in real estate investment. Gross domestic product rose an annualized 1.9 percent in the July-September period ... | |
Messaging Service Snapchat Spurned $3 Billion Facebook Bid Wall Street Journal Snapchat, a rapidly growing messaging service, recently spurned an all-cash acquisition offer from Facebook for $3 billion or more, Evelyn Rusli reports. (Photo courtesy of Snapchat). In a sign of the fervor once again rising around Internet startups, the ... | |
JPMorgan Twitter Hashtag Trends Against Bank as Invite Backfires Businessweek JPMorgan Chase & Co. (JPM:US), the target of at least eight Justice Department investigations, was mocked and taunted by Twitter users after asking followers to send questions to an executive using the hashtag #AskJPM. The online forum, which the bank ... | |
Billy Goat Tavern owner wants to stay put amid planned development Chicago Tribune No Pepsi. No fries. No desire to change things. The Billy Goat Tavern has been a Chicago landmark for generations and a fixture underneath North Michigan Avenue for almost 50 years. And its owner wants to remain there, regardless of whatever ... | |
UN says Afghanistan producing record amounts of opium Fox News JALALABAD, Afghanistan – Afghanistan's opium production surged this year to record levels, despite international efforts over the past decade to wean the country off the narcotics trade, according to a report released Wednesday by the U.N.'s drug control ... | |
Fannie and Freddie fight sparks multibillion dollar proposal Financial Times In 2008, as delinquencies and defaults mounted in the US housing market, Fannie Mae and Freddie Mac needed capital. The ailing government-sponsored housing finance agencies issued billions of dollars of preferred shares, enticing buyers with ... | |
Goldman's New Class of Managing Directors, and More Wall Street Journal What's News: Goldman Sachs promotes 280 employees to its elite managing director group. Crocs is exploring ways to go private. World's largest orange diamond is sold for record $35.5 million. Joanne Po reports. Photo: AP. Up Next ... | |
WA Healthplanfinder enrollees receive bad news about tax credits Northwest Cable News Thousands of people who enrolled on the Washington Healthplanfinder website are getting some bad news. They're receiving letters informing them that the system miscalculated their tax credits, impacting the monthly premiums quoted to them when they ... | |
China Vows Bigger Role for Markets as Party Closes Summit Bloomberg China elevated the role of markets while maintaining the state's dominance in the nation's economic strategy, seeking to balance finding new sources of growth with sustaining the Communist Party's grip on power. The nation will make markets "decisive" in ... | |
Yellen's Challenge at the Fed: Speaking Persuasively to Investors New York Times WASHINGTON — Janet L. Yellen, President Obama's choice to lead the Federal Reserve over the next four years, has championed the idea that the Fed can stimulate the economy simply by speaking clearly. | |
Some State Insurance Exchanges Continue to Battle Technical Problems New York Times Six weeks into the rollout of President Obama's new health care law, some of the online insurance exchanges run by states are continuing to have serious technological problems, often mirroring the issues plaguing the much larger federal exchange. | |
Chegg Prices Its IPO at $12.50 a Share New York Times Chegg, a start-up focused on textbook rentals and academic services, priced its initial public offering on Tuesday at $12.50 a share, exceeding expectations. At that price, the eight-year-old Chegg will have raised $187.5 million. The I.P.O. will also value the ... | |
U.S. Receives $1.2 Billion From October Sales of GM Stock Bloomberg The U.S. Treasury Department said net proceeds of its sales of General Motors Co. (GM) shares totaled about $1.2 billion last month as the government winds down its investment in the automaker. Through the end of October, the U.S. government had ... | |
Extended Stay, Zulily Headline Another Busy Week for IPOs Wall Street Journal Twitter Inc.'s much-anticipated initial public offering may have come and gone, but a year-end torrent of corporate debuts lies ahead. Hotel chain Extended Stay America Inc.'s debut, expected to raise up to $593 million after today's close, will kick off another ... | |
Cisco Tries to Shake the Sand From its Gear Wall Street Journal What's on tap for Cisco when they report earnings on Wednesday? Heard on the Street's Dan Gallagher joins digits with three things investors should keep their eyes on. Photo: AP. Cisco Systems Inc. CSCO +1.22% Cisco Systems Inc. U.S.: Nasdaq $23.73 ... | |
Easier to get a mortgage? For some ... CNBC.com Make no mistake: Mortgage credit is still very tight by historical standards, and only borrowers with the most pristine credit and healthy down payments can get the lowest rates. But there are signs that the noose is loosening, if only slightly, in response to lower ... | |
Orange Diamond Fetches $35.5M at Geneva Auction ABC News The largest fancy vivid orange diamond ever sold at auction went for $35.5 million in Geneva, where a pink diamond estimated to be worth more than $60 million is also on the block. The rare pear-shaped orange diamond sold Tuesday is 14.82-carats, ... | |
U.S. Stocks Fluctuate Amid Earnings After Dow Closes at Record San Francisco Chronicle Nov. 12 (Bloomberg) -- U.S. stocks fluctuated, after the Dow Jones Industrial Average closed at a record, as investors assessed corporate earnings and speculated on the timing of any reduction to Federal Reserve stimulus. News Corp. dropped 2.3 percent as ... | |
Sector Update: Energy Shares Lower as Crude Futures Drop Toward $94 Per ... NASDAQ Light, sweet crude oil for December delivery is trading down $0.43 at $94.71 a barrel. In other energy futures, heating oil is up $0.10 at $2.89 a gallon while natural gas is up $0.04 at $3.61 per million British thermal units. In energy ETFs, the United States Oil ... | |
Asian shares gain as markets await details from China meeting GlobalPost Asian shares were mostly higher on Tuesday amid a lack of trading cues, as markets awaited the outcome of a major political meeting on economic reforms in China. Tokyo closed up 2.23 percent, with the Nikkei 225 index gaining 318.84 points to 14,588.68 ... | |
MTA honors veterans by wrapping bus in thank-you message Mlive- flint FLINT, MI -- The Mass Transportation Authority is showing its appreciation of veterans by wrapping a giant thank-you message around one of its buses. The MTA unveiled the special bus in a ceremony on Veteran's Day, Nov. 11, and said it will keep the wrap, ... | |
Investors await Macy's holiday outlook The Augusta Chronicle Macy's is one of a group of retailers planning to open on Thanksgiving evening for the first time this year. Investors will be looking for an updated outlook on the critical holiday season when the department store chain reports third-quarter results Wednesday. | |
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