Nov 25, 2013

Google Alert - Business News

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Repsol to Weigh YPF Compensation Brokered by Governments Bloomberg
Repsol SA (REP)'s board will consider a proposal by the governments of Spain and Argentina to compensate the Madrid-based company for its stake in YPF SA. Spanish Industry Minister Jose Manuel Soria and Argentina's newly appointed Economy Minister ...
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Nasdaq 4000: This time it's different (again) USA TODAY
The Nasdaq is back — for now. But it's a very different Nasdaq than it was 13 years ago, the last time it visited the heady air above 4000, as it did on Monday. That was the exhilarating era of the dot-com bubble, when analysts Mary Meeker and Henry Blodget ...
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Delta waives change fees ahead of Thanksgiving Nor'easter USA TODAY
A potent storm that's already made a mess for air travelers in Texas threatens to do the same at some of the nation's busiest — and most delay-prone — airports on Tuesday and Wednesday. Those days, of course, fall ahead of the Thursday Thanksgiving ...
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NPR
UPDATE 3-Nasdaq's No. 2 executive leaving to head brokerage Reuters
By Jessica Toonkel and John McCrank. NEW YORK Nov 25 (Reuters) - Nasdaq OMX Group Inc said on Monday Eric Noll, the exchange operator's top internal candidate to replace Chief Executive Robert Greifeld, is leaving to become president and chief ...
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Asia stocks move higher; weak yen lifts Tokyo MarketWatch
Asian markets traded higher on Monday with the yen's continued weakness boosting shares in Tokyo, while a deal to ease sanctions on Iran pushed the price of oil lower. Stocks remained buoyant in Asia, taking their lead from another record-breaking ...
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GLOBAL MARKETS-Iran deal saps oil prices, cheers Asia shares Reuters
... Print. * Brent crude sinks over $2.40 a barrel on groundbreaking Iran deal. * Agreement seen positive for risk appetite, global growth. * Yen skids to fresh lows, Nikkei and euro both benefit. * European shares expected to open slightly firmer. By Wayne Cole.
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Kuroda: BOJ's 2% inflation target is 'ambitious' MarketWatch
TOKYO--Bank of Japan Gov. Haruhiko Kuroda conceded Monday that achieving the bank's 2% inflation target is "very ambitious," given Japan's 15 years of deflation, but said progress has been made toward the goal, with the economy recovery moderately.
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RBA's Lowe Says Productivity Gains Needed to Boost Incomes Bloomberg
Australian businesses need to boost efficiency to maintain growth in living standards and could use engineers freed up from mining construction to build more infrastructure, central bank Deputy Governor Philip Lowe said. "We can no longer depend on a ...
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9 detained after oil pipeline blasts in China Washington Post
BEIJING — Police have detained seven employees of China's largest oil refiner, Sinopec, following last week's oil pipeline blast that killed at least 55 people when it ripped through residential and commercial roads in an eastern port city. Two Qingdao city ...
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BlackBerry shakeup continues as COO, CFO depart Boston.com
Thorsten Heins, CEO of Research in Motion, which is changing its name to BlackBerry Nathan Denette/The Canadian Press via Associated Press/File Thorsten Heins, CEO of Research in Motion, which is changing its name to BlackBerry, is seen in Toronto on ...
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Iran deal dents oil prices, bolsters Asia shares Reuters
SYDNEY (Reuters) - Oil prices fell sharply on Monday after Iran and six world powers sealed a deal curbing its nuclear program, a fillip for global economic growth that found expression in heartier share prices in Tokyo and Seoul. The agreement gives Iran ...
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Gov. Corbett to sign transportation bill Monday in Centre County Centre Daily Times
HARRISBURG — Gov. Tom Corbett plans to sign a major transportation bill Monday morning at a Veterans of Foreign Wars hall on U.S. Route 322 in Centre County. The $2.3 billion transportation funding plan was passed by the state legislature last week.
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Elgin CHRISTmas Tree Farm rebounds from drought KVUE
ELGIN, Texas -- After years battling the drought, a Central Texas business is beating the odds. The Elgin CHRISTmas Tree Farm will open its fields for the holidays this week. Owners Marc and Twyla Nash could see their fields from the family's home balcony ...
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Yahoo Courts Couric as Mayer Accelerates Turnaround Effort Bloomberg
Yahoo! Inc. (YHOO)'s push to hire Katie Couric, who once earned as much as $15 million a year anchoring the "CBS Evening News," signifies an accelerated drive by Chief Executive Officer Marissa Mayer to build content as more consumers turn to the ...
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Eddie Lampert considers sale of Sears Canada New York Post
Eddie Lampert has milked Sears Canada for years — and now he's looking to gut the company for good. The hedge-fund billionaire, who as chairman of Sears Holdings has been selling Sears Canada's best stores and skimming its cash since he took control ...
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Uber Strikes Deal To Lower The Cost Of Car Ownership For Drivers TechCrunch
On-demand transportation service Uber is trying to get new drivers on the road, while also improving the experience for those who are already on its platform. To do that, it's partnered with a couple of auto manufacturers and a few financing providers to reduce ...
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Chrysler Presses Ahead With IPO Plan Wall Street Journal
The company expects to set a price range for the offering as soon as this week and complete it in the first half of December—all in an effort to beat the IPO market slowdown around the holidays, people familiar with the matter say. Chrysler had initially targeted ...
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Macy's Joining Wal-Mart on Thanksgiving Energizes Labor Bloomberg
Macy's Inc. (M), whose annual Manhattan parade is a cherished Thanksgiving tradition for millions, is starting a new holiday ritual: It's asking its employees to show up for work. Pressured by competition, a shorter shopping season and lackluster consumer ...
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Brent Slide Leads Energy Prices Lower After Iran Nuclear Accord Bloomberg
Brent crude led energy prices from gasoline to heating oil lower, heading for its biggest loss in three weeks, after Iran and world powers reached a preliminary accord on the country's nuclear program that will ease economic sanctions while keeping a cap on ...
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AFP
Asia shares lifted by Iran deal; Nikkei hits new 6-month peak CNBC.com
Asian shares kicked off the week higher after a historic deal over Iran's nuclear program bolstered risk appetite, sending the yen sharply lower against major counterparts. A strong finish on Wall Street last week also underpinned gains. The S&P 500 recorded ...
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FOREX -Yen skids to 6-month low vs dollar, 4-year low vs euro Reuters
... slideshows. * Net short positions in yen climb to 6-year high in latest data. * AUD also under pressure, still pressured by RBA intervention talk. * Asian markets monitor China/Japan tensions, Iran developments. By Lisa Twaronite and Ian Chua.
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S&P 500 Drops JC Penney After Staggering Losses TIME
Shoppers walk in a parking lot outside of a JCPenney story in Plano, Texas. J.C. Penney Co. is reporting a bigger-than-expected loss and plummeting sales, as its customers continue to be turned off by a new pricing plan that gets rid of hundreds of sales in ...
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Fossil Fuel Companies Targeted Valley News
Montpelier — To Sen. Anthony Pollina, it makes sense that if Vermont wants to strike a blow against climate change, it should have its pension funds divest from oil, coal and other fossil fuel companies. To state Treasurer Beth Pearce, the best course is for ...
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Walk 11 miles a shift and pick up an order every 33 seconds... how Amazon ... Daily Mail
Internet giant Amazon works its warehouse staff 'to the bone' in long and relentless shifts, a former employee claimed yesterday. Graduate Adam Littler, 23, said he walked up to 11 miles as he worked 10-and-a-half hour night shifts inside the online retailer's ...
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Companies Prepare to Pass More Health Costs to Workers Wall Street Journal
Companies are bracing for an influx of participants in their insurance plans due to the health-care overhaul, adding to pressure to shift more of the cost of coverage to employees. Many employers are betting that the Affordable Care Act's requirement that all ...
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RBS 'pushed good businesses over the edge' Channel 4 News
The bank pushed good businesses under to make more profit claims a government report to be published tomorrow. If true, RBS could be guilty of "systematic fraud". Please wait while this video loads. If it doesn't load after a few seconds you may need to ...
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Once Cable's King, Malone Aims to Regain His Crown New York Times
John Malone, Liberty Media's chairman, is looking to shake up the cable industry, Rick Wilking/Reuters John Malone, Liberty Media's chairman, is looking to shake up the cable industry, which has been losing pay-TV subscribers. John C. Malone made a ...
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Asian Stocks Rise After Yen Drop, Iran Nuclear Agreement Bloomberg
Asian stocks rose, with the regional benchmark index rebounding from last week's drop, as the yen weakened, Iran agreed to limit its nuclear program and investors bet improving U.S. economic data will boost earnings. Nikon Corp. (7731) advanced 3.6 ...
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HP may have yet another problem: China Reuters
SAN FRANCISCO (Reuters) - Signs of rapidly worsening Chinese demand for IT giants IBM and Cisco Systems Inc are starting to spook Hewlett-Packard investors. HP's year-long stock rally sputtered last week amid fears a faster-than-anticipated slowdown in ...
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Obama Is Wounded. Obamacare Is Unstoppable Bloomberg
Los Angeles Times reporter Noam N. Levey ventures a bold story on Obamacare with a somewhat pedestrian subtext: It's a done deal, folks. This quiet thesis has a lot going for it. For example, one reason the law is so complicated is that it created a raft of ...
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Rising Interest May Crash the House Party Wall Street Journal
That was the case during the mid-2000s boom when lenders required little or no money down. It is also true today, but for different reasons: Not only has unprecedented central-bank stimulus kept mortgage rates artificially low, it has pushed record numbers of ...
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The Surprising Bitcoin Connection Between Silk Road And Satoshi Nakamoto Forbes
It's not surprising that there is a Bitcoin connection between the Silk Road website and Satoshi Nakamoto of course. One is the inventor of the crypto-currency and the other is a site that used it as the medium of exchange. So, as I say, not all that much of a ...
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Twitter: Top 5 Reasons It's More Reliable Than Facebook Guardian Express
With the growing popularity of Twitter and Facebook as of late, it is important to question which website is the safest and most useful. With many people posting their daily activities and intimate details of their lives online, this is extremely important to consider.
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Judge blocks sale of Calif. high-speed rail bonds San Jose Mercury News
SACRAMENTO, Calif.—A Sacramento judge on Monday tore up California's funding plans for its bullet train project in separate orders that could force the state to spend months or years redrawing its plans for the $68 billion rail line. Judge Michael Kenny ...
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NYC foam food container ban plan to get hearing San Francisco Chronicle
NEW YORK (AP) — The future of plastic-foam food containers in takeout-loving New York City is up for debate. The City Council's sanitation committee has a hearing set for Monday on proposals to ban the containers or explore recycling them. Street vendors ...
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European Stocks Set To Rise After Iran Deal NASDAQ
(RTTNews.com) - The European markets may follow Asian stocks higher on Monday after Iran reached a deal with six world powers to end the progress of its nuclear program in exchange for partial relief from international trade and financial sanctions.
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Economists trim short-term US growth forecasts: survey Chicago Tribune
NEW YORK (Reuters) - Economists trimmed their forecasts for U.S. economic growth in the final quarter of the year and the first three months of 2014 but predicted A slightly higher rate of job growth over the next four quarters. Analysts see the economy ...
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Asia stocks lifted by Wall St winning streak, Iran Seattle Post Intelligencer
BANGKOK (AP) — World stock markets rose Monday after Wall Street posted its seventh straight week of gains and a nuclear deal between world powers and Iran boosted sentiment. In early European trading, Britain's FTSE 100 rose 0.4 percent to 6,699.12 ...
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Thousands without power in northern New England Houston Chronicle
PORTLAND, Maine (AP) — Strong winds are bringing down power lines and causing outages across northern New England. Central Maine Power had more than 12,000 customers without power Sunday evening. In New Hampshire, about 18,000 Public ...
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Business news and markets: live Telegraph.co.uk
... Off. • UK mortgage approvals dip in October • Oil price falls more than 2pc after Iran deal • Payday lenders to face interest rate cap from City regulator. Latest. Cyprus leader sees 'positive' trend on economy. 13.11 Cyprus President Nicos Anastasiades has ...
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Talk of early US Federal Reserve taper rattles markets Economic Times
READ MORE ON » US Federal reserve | stock markets | Sensex | Mario Draghi | manufacturing sector | Federal Reserve. Stock markets all over the globe reacted sharply to the minutes of Fed's October meeting in which the central bank reiterated its intention ...
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Premarket: Iran deal lifts shares The Globe and Mail
Cards from CIBC, TD Bank and Aeroplan as shown Thursday, June 27, 2013 in Montreal. Aimia Inc., the company that runs the Aeroplan customer loyalty program, wants to make its travel rewards easier to accumulate and to redeem and is prepared to ...
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H&M new star tenant for Melbourne GPO Sydney Morning Herald
Dumped GPO retailers now know who they are making way for – H&M has confirmed it will take up residence at the Bourke Street Mall retail centre. In March, the "majority" of the GPO's tenants were given notice to vacate by Industry Superannuation Property ...
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Local lawmakers split on transportation bill Ellwood City Ledger
... 2026. - $1.1M – T-beam bridge replacement on Route 288 Zelienople Road/Mill Creek southeast of Route 1011 over Camp Run in Franklin Township. - $600K – Replace structurally deficient T-beam structure on Blackhawk Road Bridge over Brush Run in ...
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As flights are cut, airfares go up, at least at first Greenville News
The year was 1863. For the man sitting in the White House it was a turbulent time. On Jan.- 4:38 pm. Letter: Obama didn't apologize for canceled policies. So news outlets say President Barack Obama apologized to the people hurt by his signature...- 4:22 pm.
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Some Grocery Store Meat Will Now Be Labeled With Country Of Origin KCUR
The pork cooler at a Hyvee grocery store in Columbia, Mo., is full of meat. New rules that just went into full effect force meatpackers to detail where much of this meat was born, raised and slaughtered. A new labeling rule that went into full effect Saturday ...
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Restrict solar projects? One Vt. town may do it Rutland Herald
An attempt in Rutland Town to amend the town plan to regulate solar projects may represent the first time in Vermont that a municipality has sought to impose limitations on solar energy development. Officials with the state Department of Public Service and the ...
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Lawmakers urge bidding for gates in airline merger Bradenton Herald
FILE - In this Tuesday, Nov. 29, 2011, file photo, American Airline planes sit at a gate at Washington's Ronald Reagan National Airport. Four key members of Congress said Friday, Nov. 22, 2013, that all airlines should be able to bid on gates and landing ...
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Do stock market milestones matter in the long run? Daily Mail - Charleston
As I begin writing this, I'm watching the Dow Jones Industrial Average flirt with the 16,000-level for the very first time. Every day in my financial advisory practice, I speak to people who mention milestones like this as justification to either avoid the market or ...
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Brent crude oil falls more than 2% after Iran deal Hindustan Times
Brent crude prices fell by more than two percent on Monday following a key deal between world powers and Iran on its controversial nuclear programme. Brent North Sea crude, the European benchmark, for January delivery fell by $2.48, or 2.23%, to $108.57 ...
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