Euro Recovery Wanes as Germany Slows and France Contracts Bloomberg Germany's economy lost momentum in the third quarter and France unexpectedly contracted, adding to evidence that the euro region's recovery is flagging. German GDP rose 0.3 percent from the three months through June, when it increased by 0.7 percent. | |
Obama's call for insurers to extend canceled health plans splits state Los Angeles Times With 1 million Californians facing cancellation of their health insurance, state officials and the insurance industry were sharply divided over President Obama's call to let consumers extend their policies. And the state agency on the spot, California's health ... | |
Stocks: Dow, S&P 500 set records again USA TODAY The Dow Jones industrial average and the S&P 500 set new closing highs for the second straight day as investors digested news on retail earnings and economic data on jobs, trade and productivity. Janet Yellen, the nominee to replace Ben Bernanke as Fed ... | |
Moody's Lowers Ratings of Four US Banks After Review Bloomberg Moody's Investors Service cut its ratings on four of the biggest U.S. banks after deciding the government would be less likely to help them repay creditors in a crisis. Morgan Stanley (MS), Goldman Sachs Group Inc. (GS), JPMorgan Chase & Co. (JPM) and ... | |
Railroad industry urges upgrade in oil tank car safety Los Angeles Times After a series of fiery crashes involving trains hauling crude oil, the railroad industry called on the federal government Thursday to significantly strengthen safety standards for new tank cars and require retrofitting of the nation's huge fleet of existing tankers. | |
Heinz closing 3 plants, cutting 1350 jobs USA TODAY H.J. Heinz is closing three plants in North America and cutting 1,350 jobs in an effort to operate more efficiently. The food maker said Thursday that it will close facilities in South Carolina, Idaho and Canada over the next six to eight months. Heinz will shift ... | |
Fewer US homes repossessed by lenders in October Businessweek LOS ANGELES (AP) — Fewer U.S. homes are completing the foreclosure process and ending up repossessed by banks because investors are increasingly buying up properties when they go on sale at public auction. The trend reflects a growing appetite ... | |
Gold demand hit as government rules bite: WGC Economic Times Strict rules on gold imports are succeeding in curbing demand from India, with the nation likely to lose its crown. ET SPECIAL: Save precious time tracking your investments. SINGAPORE: Strict rules on gold imports are succeeding in curbing demand from ... | |
Obama Makes Concession on Canceled Plans, and More Wall Street Journal What's News: President Obama says Americans can keep canceled health plans. Mobster James "Whitey" Bulger sentenced to two consecutive life sentences. Andy Warhol painting sold for $105 million at auction. Joanne Po reports. Photo: AP. Up Next ... | |
BART board to meet Friday about contract glitch San Francisco Chronicle (11-14) 18:18 PST OAKLAND -- BART directors will meet in a special closed-door session Friday to discuss how to handle a clause the transit agency's management says was inadvertently included in the tentative contract with its labor unions. The tentative ... | |
Jobless claims fall for fifth straight week USA TODAY WASHINGTON (AP) — The number of Americans applying for unemployment benefits slipped 2,000 last week to a seasonally adjusted 339,000, the fifth straight decline that shows businesses see little need to cut jobs. The Labor Department said Thursday ... | |
NYMEX December crude carries overnight gains into Asia trade NASDAQ Investing.com - Crude oil prices held onto overnight gains in early Asia trade on Friday after Federal Reserve Chair Nominee Janet Yellen told lawmakers that monetary stimulus tools shouldn't be removed too soon in order to ensure recovery doesn't falter. | |
McDonald's eyes bigger share of coffee market Houston Chronicle NEW YORK (AP) — McDonald's wants to be a bigger player in the global coffee business. The world's biggest hamburger chain on Thursday highlighted beverages as one of its key growth opportunities at a daylong presentation for investors. McDonald's ... | |
State is on track with its health sign-ups Los Angeles Times In contrast to lackluster results so far in the troubled federal exchange, California said it remains on track to reach its enrollment goals by having signed up 131,000 people in private health insurance or Medicaid through the state's marketplace. California's first ... | |
Dow, S&P end at record highs on Macy's, Yellen Reuters NEW YORK (Reuters) - The Dow and the S&P 500 ended at record highs on Wednesday as strong results from Macy's (M.N) lifted consumer discretionary shares and investors bought stocks in anticipation of remarks by Janet Yellen, who is likely to become ... | |
S&P 500 Climbs to Record as Macy's Jumps Amid Fed Bets Bloomberg U.S. stocks rose, sending benchmark indexes to records, as Macy's Inc. led a rally among retailers and investors speculated the Federal Reserve'sJanet Yellen will continue the central bank's stimulus policy as chairman. Macy's jumped 9.4 percent as ... | |
California Health Exchange Beats All Others in Enrollment, Officials Say New York Times In its first month of business, California's insurance exchange enrolled more people than any other state-run exchange and more than the federal exchange serving 36 states, which has been paralyzed by technological failures. | |
Health care signups: California outpaces US San Francisco Chronicle In the first month after the Affordable Care Act went into effect, Californians accounted for about a third of those who signed up nationwide, according to numbers released Wednesday. The rate of enrollment in the state-run health exchange also increased in ... | |
Asian Stocks Rise on Bets Yellen Will Keep Stimulus as Yen Falls Businessweek Asian stocks rose, with the benchmark index gaining the most in two weeks, on speculation the next head of the Federal Reserve will maintain U.S. stimulus and as a falling yen boosted Japanese shares. Sony Corp., a Japanese electronics maker that gets 68 ... | |
Don't take out a fixed-rate mortgage MarketWatch If you're buying a home anytime soon, here's some contrarian advice: Don't take out a fixed-rate mortgage. If you do, you're likely to pay more than you need to. Instead, it often makes more sense to choose a floating-rate note, also known as an ... | |
What Wouldn't Warren Do? Forbes When people channel Warren Buffett, they take lessons from what he heeds: great companies, good prices, sustainable competitive advantage. They should also take lessons from what he ignores. Recently, I've returned to the early shareholder letters of ... | |
Lockheed cuts just 20 jobs in Orlando simulation-training unit Orlando Sentinel As part of a downsizing that shed hundreds of jobs elsewhere, Lockheed Martin Corp. confirmed Wednesday that it has handed out pink slips to only 20 employees at its Orlando simulation and training operation. The local reductions affected jobs that include ... | |
TONY WILSON: Health care reform means some will lose their health plans Rockdale Citizen Well, my letter finally showed up. No, not the one from Publisher's Clearinghouse announcing that I may already be a winner. The letter was from Blue Cross Blue Shield announcing that I was, in fact, a loser. At least I will be, come Jan. 1. Like a growing ... | |
Shorts Maintain Advantage Trading Wal-Mart off Pre-Market Earnings Moves NASDAQ Wal-Mart ( WMT ) is due with its Q3 results in the pre-market on Thursday, Nov. 14, and analysts polled by Capital IQ expect the retailer to report a profit of $1.13 per share on revenue of $116.4 billion. In looking back at the long-term session-to-session ... | |
Is This the Future of Your Wallet? Inc.com Kanishk Parashar is a software developer who's created a little piece of hardware he thinks will replace credit cards. And maybe your ID card, too. On Demo Day at Y Combinator this summer, which is technically two days of presentations from graduating ... | |
More aging Tennessee Valley Authority coal plants may be shuttered Chattanooga Times Free Press King Coal may soon be dethroned as the Tennessee Valley Authority's primary source of power. After stoking most of its power plants with coal for more than a half-century, TVA appears ready to shut down many of its oldest and least-efficient coal plants in the ... | |
Banks 'don't need further bailout' Irish Examiner No further bailout of the banks is needed at present, the Government has been advised by the Central Bank. SPORT; Teddy: Walsh's dual role 'body blow' for Cuthbert. Teddy McCarthy has described Aidan Walsh's decision to play both football and hurling for ... | |
Trade deficit shrinks by over 9pc The Nation ISLAMABAD - Pakistan's trade deficit has narrowed by over nine percent during the first four months (July to October) of the current fiscal year 2013-14 against the corresponding period of last year due to healthy growth in exports and minor decline in imports ... | |
Court Upholds California's Landmark Cap-and-Trade Program Highland Community News (subscription) (Sacramento, CA – November 14, 2013) Today the Sacramento Superior Court upheld California's ambitious cap-and-trade program against a challenge to its carbon auctions, a key feature of the landmark program. Cap-and-trade allows California to reduce ... | |
Asian shares climb after Yellen stimulus remarks Straits Times HONG KONG (AFP) - Asian markets rose on Thursday on hopes that prospective Fed chief Janet Yellen will keep its stimulus programme in place, with Tokyo leading gains after third-quarter economic growth data beat forecasts. The dollar bounced back ... | |
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