Fisker sells its assets to Hong Kong tycoon, files for bankruptcy Los Angeles Times An investor group headed by Hong Kong tycoon Richard Li purchased the federal loan made to Karma plug-in hybrid sports car maker Fisker Automotive and acquired the assets of the nearly defunct automaker. Fisker has voluntarily filed petitions to liquidate ... | |
Credit Suisse banker sentenced to 30 months in prison CNN Kareem Serageldin, the former head of structured credit at Credit Suisse, was sentenced to 30 months in prison in connection with a scheme to hide trading losses on mortgage-backed securities. Serageldin, who had been extradited from the UK in April, had ... | |
Wind energy firm pleads guilty to eagle deaths USA TODAY WASHINGTON (AP) — The government for the first time has enforced environmental laws protecting birds against wind energy facilities, winning a $1 million settlement from a power company that pleaded guilty to killing 14 eagles and 149 other birds at two ... | |
Extra Time to Sign Up for Health Coverage New York Times WASHINGTON — The Obama administration said Friday that it would give people eight more days, until Dec. 23, to sign up for health insurance coverage that takes effect on Jan. 1 under the new health care law. | |
6 Cool Things I Learned At Dreamforce13: New Tools To Accelerate Your Sales ... Forbes As a sales and marketing professional, I consider it mandatory to attend the annual Salesforce.com show, Dreamforce each year in San Francisco. Salesforce.com Salesforce.com has long been on the leading edge of sales, marketing, and service ... | |
S. Korea to Buy 40 Fighter Jets With Stealth Capabilities Bloomberg South Korean military leaders recommended purchasing 40 fighter jets with stealth capabilities and indicated Lockheed Martin Corp.'s F-35 provided the best defense against North Korea's growing nuclear threat. Korea will sign the contract for the jets next ... | |
Hand over tax audit information, clock is running -US IRS Reuters WASHINGTON Nov 22 (Reuters) - The U.S. Internal Revenue Service audit, already a feared ordeal, will get even sharper teeth in January when the IRS will start setting strict deadlines for delivery of information it wants from companies and wealthy people it ... | |
Foxconn to build plant in Pennsylvania CNN A Foxconn factory in China. The contract manufacturer for Apple and other leading U.S. tech companies announced plans to build a plant in Pennsylvania. NEW YORK (CNNMoney). Foxconn, the Taiwanese electronics contract manufacturer to many U.S. ... | |
TGI Fridays may be sold by owner Carlson Los Angeles Times TGI Fridays' owner, Minneapolis hospitality and travel company Carlson, said -- yes, on Friday -- that it has authorized a review of strategic alternatives that may include selling the casual sit-down chain. "Capitalizing on Fridays' strong marketplace momentum, ... | |
Fannie Mae, Freddie Mac attract investor groups Washington Post Investor groups are scooping up shares of Fannie Mae and Freddie Mac and even offering to buy core pieces of their businesses, complicating legislative efforts to shut down the two mortgage giants. Some Capitol Hill lawmakers have been clamoring to ... | |
National restaurant chains expand in Alaska Seattle Post Intelligencer ANCHORAGE, Alaska (AP) — When the Dairy Queen opened in Anchorage in 2006, it was big news. People stood in a line that stretched for two blocks just to get an ice cream cone, and drive-thru traffic backed up just as long. Residents weren't just excited ... | |
White House says 2015 enrollment for Obamacare pushed back one month Reuters WASHINGTON (Reuters) - The Obama administration will push back the open enrollment season for Obamacare health insurance in 2015 by a month to give insurance companies more time to determine their rates, the White House said on Friday. (Reporting ... | |
Pixar undergoes layoffs due to 'The Good Dinosaur' delay Los Angeles Times Pixar Animation Studios has laid off an undisclosed number of people at its Emeryville, Calif., headquarters due to the delay of its forthcoming film "The Good Dinosaur." The layoffs affect less than 5% of the company's 1,200-person workforce, according to a ... | |
Illinois with Obama on insurance cancellation fix San Francisco Chronicle CHICAGO (AP) — Gov. Pat Quinn's administration has announced Illinois will allow the one-year extension of existing health insurance plans proposed by President Barack Obama. Friday's announcement sets Illinois apart from some other states led by ... | |
US job openings, overall hiring reach 5-year highs The Augusta Chronicle WASHINGTON — U.S. job openings and overall hiring both reached five-year highs in September, signaling steady improvement in the job market. Job postings rose 69,000 to a seasonally adjusted 3.9 million, the Labor Department said Friday. That's the ... | |
Caterpillar Probed for Dumping Wall Street Journal Federal investigators are probing a subsidiary of Caterpillar Inc. CAT -0.68% Caterpillar Inc. U.S.: NYSE $82.12 -0.56 -0.68% Nov. 21, 2013 4:00 pm Volume (Delayed 15m) : 6.12M AFTER HOURS $82.25 +0.13 +0.16% Nov. 21, 2013 7:45 pm Volume ... | |
Germany's Economy Loses Steam NASDAQ FRANKFURT--Germany's economic recovery lost steam in the third quarter, official data show Friday, but business surveys signal a pickup in economic activity toward the end of the year and broadening growth in 2014. The federal statistics office said ... | |
Insurers to Get Extra Month to Set 2015 Obamacare Rates Bloomberg The Obama administration plans to push back by a month the second-year start of enrollment in its health program to give insurers more time to adjust to growing pains in the U.S. law, a move that may stave off higher premiums before the 2014 congressional ... | |
Time Warner Cable's Suitors Lining Up Funds for Bid Wall Street Journal Charter Communications Inc. CHTR 0.00% Charter Communications Inc. Cl A U.S.: Nasdaq $126.96 0.00 0.00% Nov. 21, 2013 4:00 pm Volume (Delayed 15m) : 644,229 AFTER HOURS $126.96 0.00 0.00% Nov. 21, 2013 4:43 pm Volume (Delayed 15m): ... | |
Pipeline explodes in eastern China, killing six MarketWatch LOS ANGELES (MarketWatch) -- A leaking oil pipeline in the eastern Chinese city of Qingdao caught fire and exploded early Friday, killing at least six people, the state-run Xinhua news agency reported. An additional seven people were severely injured, the ... | |
Ackman to renew attack on Herbalife at Robin Hood conference Reuters BOSTON (Reuters) - Activist investor William Ackman will renew his attack on Herbalife at a conference on Friday, almost a year since he shocked Wall Street with a $1 billion short bet against the weight-loss company, a person familiar with his plan said. | |
California votes against extending canceled health policies Los Angeles Times Spurning President Obama's plan for canceled policies, California's health insurance exchange voted against any extension for about 1 million policyholders in the state. The five-member board of the exchange voted unanimously to keep its current ... | |
European Factors to Watch - Shares seen edging higher at the open Reuters By Francesco Canepa. LONDON Nov 22 (Reuters) - European stocks were seen following U.S. and Japanese shares higher on Friday, with investors looking to the German Ifo business sentiment index for reassurance about the strength of the euro zone ... | |
Brazil to Hand Over Top Airports to Private Operators Wall Street Journal SÃO PAULO—Brazil plans to hand over two of the country's biggest airports to private operators Friday in a crucial test of President Dilma Rousseff's efforts to attract tens of billions of dollars of investment and restore confidence amid sluggish economic ... | |
Yen Weakens Beyond 101 as Yield Difference Widens Bloomberg The yen weakened past 101 per dollar for the first time since July as yields on U.S. securities rose to the highest relative to Japan's since September amid the nations' diverging monetary policies. The euro rose to a four-year high versus Japan's currency as ... | |
Report: Spotify Is Now a $4 Billion Company Mashable The music streaming company has reportedly secured $250 million in new financing, valuing it at more than $4 billion, according to The Wall Street Journal. Spotify previously raised $100 million almost exactly a year ago at a $3 billion valuation. | |
US stocks close to scoring 'Perfect 10' for 2013 Washington Post NEW YORK — The stock market is poised for a "Perfect 10." As stocks surge this year, putting them on course for their best annual performance in a decade, all 10 industry groups in the Standard & Poor's 500 index are closing in on gains of 10 percent or ... | |
Nearly 80000 Californians sign up for Obamacare plans Reuters Nov 21 (Reuters) - Nearly 80,000 Californians have enrolled in private health insurance plans through the state's exchange marketplace created under President Barack Obama's healthcare law, the Covered California exchange said on Thursday. The latest ... | |
Minn. unemployment rate drops below 5 percent Businessweek ST. PAUL, Minn. (AP) — Minnesota's unemployment rate has dropped below 5 percent for the first time in nearly six years as the state climbs further out of the deep hole caused by the Great Recession. The Department of Employment and Economic ... | |
Novartis sweetens investors with $5 billion share buyback Reuters ZURICH (Reuters) - Swiss drugmaker Novartis (NOVN.VX) offered a sweetener to investors on Friday by starting a $5 billion share buyback program, but shied away from announcing any radical surgery to its structure. The Basel-based pharmaceutical firm is ... | |
Stock Indexes Show Little Interest In Slowing Down Forbes (Kitco News) - The major stock indexes are firmer on Thursday, making up some ground lost earlier this week, and market watchers say further gains aren't out of the question. In the short term, say between now and the end of the year, if equities see a ... | |
Hotel searching for homeless man who returned woman's stolen wallet WSB Atlanta Omni hotel management gave Channel 2 Action News a surveillance picture that shows the man they say came to the hotel on Nov. 7 trying to return the wallet he found inside a trash can on Marietta Street. | |
State: Job growth stalled in Sept., Oct. in Conn. Houston Chronicle HARTFORD, Conn. (AP) — Job creation stalled in Connecticut in September and October as employers nervously watched the federal government shutdown and budget impasse in Washington, the state Labor Department said Thursday. Still, the state's ... | |
China tests first stealth combat drone :Report Economic Times BEIJING:China has tested its first stealth combat drone, state media said Friday, citing online photos of an aircraft resembling a shrunken US B2 bomber and hailing the advance toward Western-level technology. The test flight of the " Sharp Sword" unmanned ... | |
Covered California Health Exchange Board Upholds Cancelling 1M Policies CBS Local SACRAMENTO (CBS/AP) - The board overseeing California's health insurance exchange voted unanimously Thursday to stick with its current year-end deadline of phasing out more than 1 million individual health insurance policies that fail to meet ... | |
2 Dead in Oakland as High Winds Cause Havoc Patch.com Two people were killed in wind-related accidents in Oakland tonight as high winds are knocking out power to thousands, blowing down trees and causing fires. A National Weather Service wind advisory is expected to last till Friday morning at least. Posted by ... | |
World stocks pushed higher by new Dow high Daily Herald World stocks mostly rose Friday after the Dow close above 16,000 for the first time, but gains were kept in check by worries the Federal Reserve will cut its monetary stimulus soon. Asian and European markets were roiled this week by Fed minutes suggesting ... | |
Inquest into death of young banking intern begins today ITV News An inquest into the death of 21-year-old Bank of America Merrill Lynch intern Moritz Erhardt takes place in London today. An inquest into the death of 21-year-old Bank of America Merrill Lynch intern Moritz Erhardt takes place in London today. Credit: PA. | |
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