Nov 21, 2013

Google Alert - Business News

News 34 new results for Business News
Asia Stocks slip to near one-week low as China, Fed concerns sour mood Reuters
TOKYO (Reuters) - Downbeat China manufacturing activity added to gloom in most Asian stock markets on Thursday, while emerging market currencies faltered as the dollar charged ahead after the U.S. Federal Reserve's latest minutes hinted at stimulus ...
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Working Around Keystone XL, Suncor Energy Steps Up Oil Production in Canada New York Times
Suncor Energy, Canada's top petroleum producer, announced on Thursday that it would expand its oil production in 2014 by 10 percent in another sign that the Obama administration's delay in approving the Keystone XL pipeline extension is not holding back ...
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FCC to consider reversing ban on cell calls on planes USA TODAY
The Federal Communications Commission is reviewing its 22-year ban against in-flight cellphone calls, igniting concerns among frequent fliers about plane cabins becoming much noisier. At its meeting Dec. 12, the FCC will consider changing its rules to ...
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Stocks Close Lower After Fed Minutes Wall Street Journal
U.S. stocks fell after meeting minutes indicated that Federal Reserve officials in October stuck to the view that the central bank might begin winding down bond purchases in the "coming months." The Dow Jones Industrial Average closed down 66.21 points, ...
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Regulators put tougher restrictions on bank payday loans Washington Post
The government is imposing tougher restrictions on banks that offer short-term, high-interest loans that have been blamed for trapping some Americans in a cycle of debt. On Thursday, the Office of the Comptroller of the Currency and the Federal Deposit ...
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Pinterest may be going places with new Place Pins Los Angeles Times
SAN FRANCISCO -- Pinterest has launched Place Pins, places of interest that users can display on maps to help plan trips and create guides to favorite haunts. Pinterest Chief Executive Ben Silbermann made the announcement at event Wednesday night at ...
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Japan shares flying high in Asia as yen downed Reuters
SYDNEY (Reuters) - Japanese stocks scaled six-month peaks on Friday as the yen took a spill, though other Asian markets lagged behind as investors become resigned to an inevitable slowdown in U.S. stimulus. Tokyo's Nikkei .N225 put on 0.7 percent, ...
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Power outage in northern NJ town Wall Street Journal
EDGEWATER, N.J. — A series of northern New Jersey towns just south of the George Washington Bridge are experiencing a power outage. WABC-TV is reporting that 7,200 customers are without power in Edgewater and surrounding towns. The television ...
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GM's Long Road to Recovery Wall Street Journal
The U.S. will sell its remaining shares in General Motors Co. by the end of the year, closing an extraordinary chapter in the country's economic history and marking another recovery sign for an iconic car maker that turned to a government bailout. Sales of the ...
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Jury Tells Samsung to Pay Apple $290 Million New York Times
SAN JOSE — A jury on Thursday said that Samsung Electronics would have to pay Apple $290 million more in damages for violating patents, putting an end to one chapter in the long-running patent struggle between the two tech companies.
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Boeing 747 Mistakenly Lands At Tiny Kansas Airport Wall Street Journal
A Boeing 747 jumbo jet used to haul 787 Dreamliner parts mistakenly landed at the wrong Kansas Airport. 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.
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Credit Suisse Begins Plan to Ring-fence Swiss Banking Business Wall Street Journal
ZURICH--Credit Suisse Group AG (CS) said Thursday it had begun a program to ring-fence its Swiss banking business from riskier investment banking operations in the U.S. and U.K., part of a plan to address concerns about institutions that are deemed too ...
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Chicago-area home prices climb 14% from last October Chicago Tribune
Home sales and median prices in the Chicago area continued to beat year-ago comparisons in October, and the time it took to sell a home plunged as a result of a lack of inventory. October sales of existing homes in the nine-county Chicago area rose 9.6 ...
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Interest-Rate Uncertainty: Self-Storage Borrowers Need to Act Now! Inside Self-Storage
The economic recovery is in full swing, and the gradual unwinding of quantitative easing is inevitable. What does this mean for self-storage investors? The time to seek money is now. In an ironic twist of fate, on the heels of arguably the greatest real estate ...
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Best Buy Re-Affirms its Holiday Price Competitiveness Strategy Wall Street Journal
Best Buy announced today it is introducing a number of "Doorbuster" deals starting on Friday, Nov. 22, ahead of its highly anticipated Thanksgiving and Black Friday deals (6 p.m., and midnight on Thanksgiving, and at 10 a.m., on Black Friday), providing ...
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BART board expected to reject union contracts Contra Costa Times
OAKLAND -- With BART and its unions facing off over partially approved labor contracts, Bay Area commuters may well wonder what fresh hell awaits them. For the time being, anyway, BART workers are operating trains normally under the terms of two labor ...
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Wal-Mart's No Good, Very Bad, Pre-Thanksgiving Week Businessweek
This is supposed to be a cheery season for retailers. Not at Wal-Mart (WMT), though, where it's been a really bad week—and this is only Wednesday. On Monday, the Cleveland Plain Dealer broke the news of a holiday food drive at an Ohio Walmart store—for ...
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FOREX-Dollar rides high after Fed meeting, hits 4-month peak vs yen Reuters
... Print. * Fed minutes revive talk of stimulus tapering in December. * Dollar/yen hits highest since July, BOJ stands pat as expected. * Dollar index sets 1-week high after biggest daily gain in 2 weeks. * ECB easing talk knocks down euro. * Soft China factory ...
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BMW, Cadillac Aim to Pull Plug on Tesla With Pricey New Cars Wall Street Journal
LOS ANGELES— Tesla Motors Inc. TSLA -3.95% Tesla Motors Inc. U.S.: Nasdaq $121.11 -4.98 -3.95% Nov. 20, 2013 4:00 pm Volume (Delayed 15m) : 13.80M AFTER HOURS $120.85 -0.26 -0.21% Nov. 20, 2013 7:59 pm Volume (Delayed 15m): 45,631 P/E ...
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BOJ's Kuroda, upbeat on global outlook, says Japan recovery on track Reuters
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said the U.S. and euro zone economies are gaining strength, seeking to dispel concerns among other policymakers that Japan's export engine and broader recovery were vulnerable to weakness ...
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CEO Jamie Dimon to FDIC: JPMorgan Chase's fight over Washington Mutual is ... Washington Post
As part of its $13 billion settlement with the government this week, JPMorgan Chase agreed to abandon a bid to have the Federal Deposit Insurance Corp. absorb some of the losses on faulty mortgage securities sold by Washington Mutual, the failed bank it ...
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Gap and Banana Republic Make Shopping Easier for Customers This Holiday ... Wall Street Journal
Building upon its online success and industry-leading e-commerce technology advances, Gap Inc. (NYSE: GPS) today announced the expansion of its Reserve in Store capabilities to all U.S. Banana Republic stores and more than 200 Gap stores in 15 major ...
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Sears Appears to Be a Stuffed Turkey Wall Street Journal
Sears Holdings Corp. SHLD +0.15% Sears Holdings Corp. U.S.: Nasdaq $61.70 +0.09 +0.15% Nov. 20, 2013 4:00 pm Volume (Delayed 15m) : 686,157 AFTER HOURS $61.49 -0.21 -0.34% Nov. 20, 2013 6:12 pm Volume (Delayed 15m): 24,622 P/E Ratio ...
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Wells Fargo's Stumpf Dislikes Fed Bond Buys That Punish Savers Bloomberg
John Stumpf, chief executive officer at Wells Fargo & Co., said he dislikes Federal Reserve monthly bond purchases at this point in the economic cycle and that the policy has hurt savers. "I'm not a big fan of QE this late in the recovery," Stumpf said today at ...
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Dollar Mixed Ahead of US Data, Fed Minutes Wall Street Journal
The dollar is mixed Wednesday in subdued trading with participants refraining from putting on any big bets ahead of the Federal Open Market Committee's October minutes and U.S. data releases, including retail sales, due later. The greenback edged down ...
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US mortgage applications fall in latest week -MBA Reuters
NEW YORK Nov 20 (Reuters) - Applications for U.S. home loans fell in the latest week, dropping for a third straight week, data from an industry group showed on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage ...
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US aircraft moved from Dubai Airshow ahead of storm Reuters
DUBAI (Reuters) - The U.S. military on Wednesday began moving 12 U.S. aircraft on display at the Dubai Airshow to a nearby maintenance facility ahead of a major sandstorm and thunderstorm expected to hit the region, a spokesman for U.S. Air Force ...
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University in Cyprus Becomes First to Accept Bitcoin Payments TIME
A pile of Bitcoins are shown here after Software engineer Mike Caldwell minted them in his shop on April 26, 2013 in Sandy, Utah. Email · Print; Share. Facebook · Twitter · Tumblr · LinkedIn · StumbleUpon · Reddit · Digg · Mixx · Delicious · Google+. Comment.
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ECB mulls negative deposit rate Telegraph.co.uk
The European Central Bank is considering taking monetary policy into uncharted territory by introducing a negative deposit rate that would see investors pay to park money at the bank. Policymakers have discussed reducing the rate for lenders who deposit ...
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Homeowners coming up for air Boston Globe
The number of Greater Boston homeowners who are "underwater" on mortgages — meaning they owe more than their properties are worth — keeps falling. Zillow, the online real estate data company, reported Thursday that the percentage of homeowners ...
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What A Bitcoin Political Debut Could Mean For Transparency Wyoming Public Media
Bitcoins have gone from an Internet oddity to much more. The FEC is now considering allowing the virtual currency to fund some political campaigns. Listen. Bitcoin, the virtual currency that exists as alphanumeric strings online, is on the verge of getting into ...
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Nordstrom Closed on Thanksgiving Comcast SportsNet Chicago
If you're in the habit of shopping for the holidays early and want to get a head start this year on Thanksgiving Day, don't bother stopping at Nordstrom. It'll be closed. The leading fashion retailer announced its doors will close Thursday, Nov. 28. The closure is ...
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US stocks rise after retail sales best forecasts GlobalPost
US stocks Wednesday moved higher after October retail sales bested expectations on a busy day of economic news. An hour trade, the Dow Jones Industrial Average rose 25.36 (0.16 percent) to 15,992.39. The broad-based S&P 500 tacked on 5.29 (0.30 ...
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Target's Q3 earnings: 3 things to watch Minneapolis / St. Paul Business Journal
Target Corp. releases its third-quarter earnings Thursday morning. Here are three things to watch for from the Minneapolis-based retailer: 1) Happy holidays? Investors will want an early glimpse at the outlook for the holiday shopping season, as Target's sales ...
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