Nov 6, 2013

Google Alert - Business News

News 31 new results for Business News
Consumer watchdog targets debt collectors Los Angeles Times
WASHINGTON — The federal government's consumer financial watchdog plans to crack down on the nation's 4,500 debt collectors with new regulations to ensure that collectors are going after the right people for the right amounts and aren't badgering the ...
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Twitter's Market Valuation Suggests Wall St. Sees Huge Growth Potential New York Times
Morgan Stanley put the share price of the social media company's public offering on its Manhattan Morgan Stanley Morgan Stanley put the share price of the social media company's public offering on its Manhattan offices on Wednesday. Twitter is a young ...
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Toyota Projects Near-Record Yearly Profit New York Times
TOKYO — Toyota Motor said Wednesday that it expected profit to rebound to a near-record high this year as favorable exchange rates and a leaner cost structure forged during several dismal years helped bolster its bottom line. The world's largest automaker ...
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Indonesia GDP Grows Less Than 6% Bloomberg
Indonesia's growth slowed to the weakest since the 2009 global recession as a declining rupiah restrained investment in Southeast Asia's largest economy. Gross domestic product increased 5.62 percent in the three months ended Sept. 30 from a year earlier ...
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Wall St. Bonuses Over All Are Predicted to Rise 5 to 10% (Bond Traders Excluded) New York Times
Lloyd Blankfein, chairman and chief executive of Goldman Sachs. Bonuses for top bankers are Lucas Jackson/Reuters Lloyd Blankfein, chairman and chief executive of Goldman Sachs. Bonuses for top bankers are expected to be flat, according to one survey.
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Wal-Mart accidentally slashes prices, blames glitch CNBC.com
Treadmills for $33? Computer monitors for $9? The deals were even too good to be true — even at Wal-Mart Stores. The megaretailer said a "technical error" caused certain products to be priced absurdly low or high on its website earlier Wednesday morning.
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Bart Chilton announces plans to leave Commodity Futures Trading Commission Washington Post
The liberal firebrand of the Commodity Futures Trading Commission announced Tuesday that he plans to leave the agency soon, an unexpected move that further drains the commission's leadership as its regulatory responsibilities swell. Bart Chilton, who ...
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UPDATE 3-Advertising, TV show licensing boost CBS profit Reuters
Thu Nov 7, 2013 4:37am IST. By Lisa Richwine. LOS ANGELES Nov 6 (Reuters) - CBS Corp recorded a higher profit that met Wall Street expectations as the company collected more revenue from advertising and the licensing of television shows including hits ...
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Washington state voters reject labeling of GMO foods USA TODAY
Washington state voters on Tuesday rejected an initiative that would have required foods containing genetically engineered ingredients to be labeled. The vote was 54.8% opposed to labeling and 45.2% in favor of it. Had it passed, Initiative 522 would have ...
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Money, Power and Betrayal: The Drama Behind Twitter Bloomberg
Nov. 6 (Bloomberg) –- New York Times Columnist and Author of "Hatching Twitter" Nick Bilton discusses the company's creation and early days. He speaks with Emily Chang on Bloomberg Television's "Bloomberg West." (Source: Bloomberg). Please enable ...
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Exiting Ford trio vital cogs in comeback The Detroit News
A slice of history is preparing to walk out the doors of Ford Motor Co.'s Glass House. Not in the sense of superstar CEO Alan Mulally finally exercising his option to jet west for perhaps a new gig at Microsoft Corp. or retirement on Lake Washington, or both.
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Proposal would expand incentive plan for companies that create jobs, invest in ... Chicago Tribune
SPRINGFIELD—. — An Illinois lawmaker has proposed expanding the state's main economic development program so that all companies in the program could collect their employees' taxes instead of forwarding them to the state. The proposed amendment to ...
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ING Q3 Profit Plunges - Quick Facts RTT News
ING Group (ING: Quote) reported a 84.7% fall in third-quarter 2013 net profit to 101 million euros, from last year's 659 million euros, with profit per share dropping 82.4% year-over-year to 0.03 euros, from 0.17 euros. Losses on divestments in the third quarter ...
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Amazon Courts Local Bookstores With New 'Source' Program Forbes
Speaking with over a dozen of them (for this story), they complained that Amazon undercuts their prices, doesn't play fair by not paying sales tax, and generally just plays hardball. In 1995, a year after Amazon.com Amazon.com was launched, there were ...
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Govan: A shipbuilding history BBC News
Scotland was once the shipbuilder to the world and the heart of its industry was sited on the south bank of the River Clyde in the Glasgow district of Govan. It was the famous Fairfield yard which took the Upper Clyde to great heights and worldwide prominence ...
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Payment start-up Square explores IPO: WSJ Reuters
Wed Nov 6, 2013 7:12pm EST. (Reuters) - Square Inc, the payment start-up co-founded and headed by Twitter Inc's Jack Dorsey, is in discussions with banks about an initial public offering, the Wall Street Journal reported on Wednesday, citing a person ...
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Former Bank of the Commonwealth CEO gets 23 years in prison Daily Press
The former CEO of the Bank of the Commonwealth was sentenced Wednesday to 23 years in prison by a federal judge and ordered to pay more than $333 million in restitution to the FDIC. Edward J. Woodard, 70, was charged with conspiracy to commit bank ...
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U.S. to Sell $10 Billion to $15 Billion in Floating Notes Bloomberg
The U.S. Treasury Department will sell $10 billion to $15 billion of its first floating-rate notes Jan. 29 and said a period of political wrangling over the budget requires a delay in plans to reduce coupon auctions. The floating-rate notes will have a two-year ...
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Huishang Bank Said to Price Shares at HK$3.53 in Initial Offer Bloomberg
Huishang Bank Corp., a lender in the eastern Chinese province of Anhui, sold shares at HK$3.53 (46 cents) each in its Hong Kong initial public offering, said two people with knowledge of the matter. The lender and some of its shareholders raised $1.2 billion ...
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Anti-austerity strike brings Greece to a halt during troika visit Reuters
By Renee Maltezou. ATHENS | Wed Nov 6, 2013 4:45am EST. ATHENS (Reuters) - Greek schools shut and flights were disrupted as workers held a general strike on Wednesday to protest austerity imposed by foreign lenders, whose inspectors were in ...
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Levine on Wall Street: SAC Still Popular at Goldman Bloomberg
Banks will still trade with SAC. This article quotes Goldman Sachs chief executive officer Lloyd Blankfein saying in September that SAC had "been indicted. They haven't been convicted." So Goldman was willing to keep trading with them. Of course now ...
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Freddie Mac Said to Sell $630 Million of Risk-Sharing Securities Businessweek
Freddie Mac, the government-controlled mortgage-finance company, issued $630 million of securities in its second sale of notes tied to the risk of homeowner defaults at a lower cost than in its initial offering. The transaction includes $245 million of securities ...
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Dow, S&P 500 end higher on Microsoft, Europe data MSN Money
NEW YORK (Reuters) - The Dow industrials closed at a record high on Wednesday, led by gains in Microsoft Corp and encouraging European economic data, while the S&P 500 also rose but closed shy of its own record. Meanwhile the Nasdaq fell, hurt by ...
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Alchemist to close retail shop at its Waterbury brewery BurlingtonFreePress.com
Cannery workers handle freshly canned four-packs of Heady Topper at the Alchemist Cannery in Waterbury on Monday Jan. 30, 2012. / Free Press file photo. Written by. Sally Pollak. Free Press Staff Writer. Filed Under. Business. HEADY TOPPER-EM-30-C5.
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Duke Energy power rate hike faces legal opposition The Daily Tar Heel
North Carolinians could see their electricity bills increase next year, but groups are fighting the hike in court. N.C. Attorney General Roy Cooper and N.C. WARN, a clean energy advocacy group, are separately challenging a decision made by the N.C. Utilities ...
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Endo Health buying Paladin Labs for about $1.5B The Advocate
MALVERN, Pa. (AP) — Endo Health will spend about $1.5 billion to buy the Canadian specialty drug maker Paladin Labs, and both will then be folded into a newly-formed Irish holding company. Endo also posted better-than-expected third-quarter results ...
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Comparing Today's Mortgage Rates With Loan Love's Live Rate Quote Tool Broadway World
SAN DIEGO, Nov. 5, 2013 /PRNewswire-iReach/ LoanLove.com is a borrower advice website that provides detailed insights into the mortgage industry in a fun and entertaining way. The team at LoanLove.com is devoted to help empower both first time and ...
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OKC Council approves agreements for upgraded Wi-Fi at Chesapeake Energy ... NewsOK.com
The Oklahoma City Council approves agreements Tuesday for upgraded Wi-Fi at Chesapeake Energy Arena. By William Crum Modified: November 5, 2013 at 7:43 pm • Published: November 6, 2013. Thunder fans, u r good 2 go. The smartphone traffic jam at ...
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Cappy Myers joins Coldwell Banker Gilroy Dispatch
Coldwell Banker Residential Brokerage announces that Cappy D. Myers has joined the company as a sales associate in its Morgan Hill office. Myers will specialize in residential sales. Prior to joining Coldwell Banker, Myers was an independent real estate ...
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USA Swimming Picks San Juan as Pre-Olympic Training Camp Location SwimmingWorldMagazine.com
SAN JUAN, Puerto Rico, November 5. AS first reported by Inside The Games, USA Swimming has chosen San Juan, Puerto Rico as the pre-Olympic training camp location for the 2016 Rio Games. USA Swimming's national team director Frank Busch ...
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Pound Extends Rally Ahead Of UK Industrial Production Data, BoE Eyed Action Forex
Markets will look again for the string of economic data out of the United Kingdom following stronger-than-expected growth in manufacturing and services sectors. Investors will be anticipating key indicators Wednesday to see whether the economy continues to ...
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