Standard & Poor's Downgrades France New York Times PARIS — Standard & Poor's on Friday cut its credit rating on France by one notch, saying the government's current policy initiatives did not appear capable of addressing impediments to economic growth. "We believe the French government's reforms to ... | |
Home Depot Apologizes for a Tweet That Offends New York Times Home Depot spent much of Thursday and Friday scrambling to apologize after a message sent from the company's primary Twitter account, @HomeDepot, was criticized as racially insensitive. Add to Portfolio. Twitter · Home Depot Inc · Go to your Portfolio ». | |
Luxury homebuilder makes $1.6 billion purchase USA TODAY LOS ANGELES (AP) — Encouraged by a housing rebound lapping its second year, many U.S. homebuilders are loading up on land and entering new markets as they gear up for next year's spring home-selling season and beyond. The land-buying push ... | |
Fed Still Seen Tapering in March Even as Job Growth Accelerates Bloomberg Economists still predict the Federal Reserve will delay tapering asset purchases until March even after a report today showed employers added more jobs than forecast in October. Policy makers will pare the monthly pace of bond buying to $70 billion at their ... | |
China's Oct. Inflation Accelerates, Producer Prices Extend Drop Bloomberg China's inflation accelerated and the decline in factory-gate prices deepened, National Bureau of Statistics data released today in Beijing showed. The consumer price index rose 3.2 percent from a year earlier, the bureau said. That compares with the 3.3 ... | |
Upbeat Data Has Wall Street Downcast New York Times Although Twitter wowed investors on its first day of trading on Thursday, the broader stock market had its worst day since August as traders worried that the Federal Reserve would soon reduce its economic stimulus. | |
Germany's Trade Surplus Beats Forecasts Wall Street Journal FRANKFURT--Germany's trade surplus beat forecasts in September, providing fresh ammunition for critics who say the country isn't doing enough to wean the economy off its export-led growth model and spur homegrown demand. Exports rose for the second ... | |
Reading the tea leaves: China's Party plenums past and present CNN Beijing (CNN) -- China's new leaders, just one year in their posts, will meet in Beijing this weekend for the Third Plenum of the Chinese Communist Party's central committee. China watchers will be looking closely to see if this plenum becomes a launchpad for ... | |
US Adds 204000 Jobs In October, Beats Forecasts Fox Business The U.S. economy added 204,000 jobs in October, easily beating forecasts despite the partial government shutdown last month. The U.S. Labor Department said the headline unemployment rate edged higher to 7.3%, up from 7.2% a month earlier. | |
Uh-oh, this 3D-printed metal handgun actually works CNET While firing a round with earlier plastic models of 3D-printed guns has proven difficult, this metal model has already shot 50 rounds successfully. Dara Kerr. by Dara Kerr. November 7, 2013 6:12 PM PST. Follow @darakerr. Solid Concepts has come up with a ... | |
Tepco Prepares to Remove Fuel Assemblies at Fukushima Wall Street Journal A Tepco employee wearing protective suit and mask walks past radioactive water storage tanks Thursday. Associated Press. TOKYO—Operators of the Fukushima Daiichi nuclear-power plant this month will begin a potentially hazardous operation to remove ... | |
Dow hits another high on hiring surge last month Boston.com Tradser Michael Urkonis, right, works on the floor of the New York Stock Exchange The Associated Press Tradser Michael Urkonis, right, works on the floor of the New York Stock Exchange Friday, Nov. 8, 2013. Stocks edged higher in early Friday trading as ... | |
UPDATE 2-BlackBerry offers bumper package to new CEO Reuters By Euan Rocha. TORONTO Nov 7 (Reuters) - BlackBerry Ltd will pay its new interim CEO a base salary of $1 million, a bonus of up to twice that amount as well as stock awards potentially worth some $85 million, in the hopes of turning around Canada's most ... | |
Machinists union leader: Boeing offer 'a piece of crap' The Seattle Times Machinists are expressing anger at the terms offered by Boeing to win the 777X work for Everett. Boeing said in a statement that the company is ready to "pursue other options" outside Washington. By Dominic Gates. Seattle Times aerospace reporter. | |
Your late fees are waived: Blockbuster closes New Pittsburgh Courier This March 17, 2010, file photo, shows a closing Blockbuster stores in Racine, Wis. (AP Photo/Journal Times, Scott Anderson, File). by Todd Leopold. (CNN) -- "Be kind, please rewind," the signs used to say in video stores, urging customers to return their ... | |
UBS Agrees to Buy Back Rescue Fund for $3.8 Billion Bloomberg UBS AG (UBSN), Switzerland's largest bank, agreed to pay $3.8 billion to buy back the fund for toxic assets set up by the central bank in 2008 as part of a bailout. The Swiss National Bank (SNBN) said the price corresponds to its contractual share in the fund's ... | |
Nomura Reiterates "Reduce" Rating for Coca-Cola HBC SA (CCH) WKRB News Coca-Cola HBC S.A. logo Coca-Cola HBC S.A. (NYSE:CCH)'s stock had its "reduce" rating reaffirmed by stock analysts at Nomura in a report issued on Friday, ARN reports. They currently have a $1,500.00 price objective on the stock. Several other analysts ... | |
54 demonstators arrested at Wal-Mart protest in Chinatown Los Angeles Times Dozens of people were arrested Wednesday night during a protest to demand that Wal-Mart pay workers better wages. The protesters said as many as 825,000 Wal-Mart employees earn less than $25,000 a year. They accused the store of retaliating against ... | |
US jobs market seen taking a hit from government shutdown Reuters WASHINGTON (Reuters) - U.S. job growth likely slowed in October as a partial shutdown of the government delayed hiring and forced some workers to stay home, undermining the economy's fourth-quarter growth prospects. Employers are expected to have ... | |
Japanese Stocks Fall on Yen, Bets Fed to Cut Stimulus Bloomberg Japanese stocks fell for a second day ahead of U.S. jobs data as the yen held gains and stronger economic growth fueled concerns the Federal Reserve may cut stimulus sooner than expected. The Topix index lost 1 percent to 1,172.77 as of 9:02 a.m. in ... | |
Global Warming's Mt. Rushmore Wisely Embraces Nuclear Power Forbes Four scientists at the forefront of global warming activism published an open letter this week encouraging their fellow warmists to embrace safe nuclear power as a means of reducing carbon dioxide emissions. If environmental activist groups honestly believe ... | |
Emerging Markets Super-Cycle Promises Growth: Cutting Research Businessweek The emerging-markets juggernaut that propelled the globe out of the 2009 recession is taking a pause rather than running out of steam. That's the analysis of economists at Standard Chartered Plc, who have updated their 2010 theory that the world economy ... | |
U.S. Stocks Drop as GDP Fuels Fed Concern; Twitter Soars Bloomberg U.S. stocks fell, dragging the Standard & Poor's 500 Index to its biggest loss in two months, as speculation the Federal Reserve may scale back stimulus amid faster-than-estimated economic growth overshadowed a move by the European Central Bank to cut ... | |
PRECIOUS-Gold set for second weekly loss as US data sparks stimulus fears Reuters SINGAPORE, Nov 8 (Reuters) - Gold was trading near three-week lows on Friday and heading for a second straight weekly loss, after strong U.S. economic growth sparked fears the U.S. Federal Reserve may scale back its bullion-friendly bond purchases this ... | |
Why I Downgraded Twitter to 'Sell' Today: Wieser Bloomberg Nov. 7 (Bloomberg) -- Brian Wieser of Pivotal Research explains why he downgraded Twitter to "sell" and has set a price target of $30. He speaks on Bloomberg Television's "Market Makers." (Source: Bloomberg). Please enable JavaScript to view the ... | |
Fed Won't Pull Punch Bowl at Bernanke's Big Party Wall Street Journal December will be a momentous month at the Federal Reserve. It is the boss's birthday, after all—the big six-oh—and he is due to retire as chairman just a month later. If Ben Bernanke is feeling a bit blue about the occasion, his colleagues can remind him that ... | |
'The Onion' Ends Print Edition After 25 Years, Will Continue Online Bustle No, this is not a joke. The Onion confirmed Friday that it will soon be halting print operations in its three remaining markets. The satirical paper's last print issue will go to newsstands in Chicago, Milwaukee, and Providence on December 12. The humor ... | |
Stocks in bullish mode as investors await Twitter trading CNBC.com The early focus on Wall Street will be Twitter's debut on the New York Stock Exchange, after the company's initial public offering priced late yesterday at $26 per share. Overall, stocks are on a positive streak, with both the Dow and S&P 500 on track for their ... | |
Proposed sale of NV Energy made sweeter for customers MyNews3 Las Vegas KSNV LAS VEGAS (KSNV MyNews3.com) – NV Energy residential customers will receive an average $13 credit early next year as part of the potential purchase of the utility by Warren Buffett and MidAmerican Energy. In addition, an agreement filed today stipulates ... | |
MARKET EYE-India's Tata Motors operating profit may beat estimates-StarMine Reuters India ... slideshows. * Tata Motors Ltd may beat consensus operating profit forecasts for the July-September quarter when it reports results later in the day, Thomson Reuters StarMine's SmartEstimates shows. * StarMine's SmartEstimates, which places greater ... | |
Why a spike in Oct. unemployment may not be so bad Nashua Telegraph FILE - In this Wednesday, Oct. 23, 2013 file photo, Luis Mendez, 23, left, and Maurice Mike, 23, wait in line at a job fair held by the Miami Marlins, at Marlins Park in Miami. The jobs report for October due out Friday, Nov. 8, 2013, could jump by the most in three ... | |
NY Fed's Dudley Rejects Idea FSOC Subject to Political Sway MNI News NEW YORK (MNI) - New York Federal Reserve Bank President William Dudley rejected the notion Thursday that the Financial Stability Oversight Council could be subject to political influence or would favor one bank over another. Asked about political ... | |
4 Potential Surprises in Friday's USDA Reports AgWeb Are you ready for the Nov. 8 Crop Production and World Agricultural Supply and Demand Estimates reports? Will they rock or rattle the markets? Due to the government shutdown, USDA did not release its October Crop Production and WASDE reports. Its last ... | |
Bank of Hawaii, Central Pacific Bank, Hawaii National Bank SBA's top lenders in ... Pacific Business News (Honolulu) The top-performing small business lenders, banking officers and business assistance providers were honored at the annual SBA Lender Awards breakfast on Wednesday. Bank of Hawaii was named Lender of the Year among large financial institutions with ... | |
Seventy-Two Percent of Black Friday Shoppers Will do Some or All of Their ... Sacramento Bee AUSTIN, Texas, Nov. 7, 2013 -- /PRNewswire/ -- Just over half (53%) of U.S. adults plan to shop on Black Friday this year, according to the results of a holiday shopping trends survey by IPSOS and conducted on behalf of Offers.com. Of those consumers ... | |
Dow Jones average back at record high Columbia Daily Tribune NEW YORK (AP) — The Dow Jones industrial average closed at another record high yesterday, beating the record it set last week by 66 points. The yield on the benchmark 10-year Treasury note fell to 2.63 percent from 2.67 percent. NEW YORK (AP) — The ... | |
Treasuries Gain After ECB Rate Cut, Then Fade Barron's (blog) And you thought the Federal Reserve was tough to predict. The European Central Bank today unexpectedly cut its benchmark short-term lending rate in half, to a record-low 0.25%. That helped fuel fuel a surge in Treasury prices this morning, although that bid ... | |
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