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 ... | |
Stevens Says RBA 'Open Minded' on FX Intervention Bloomberg Reserve Bank of Australia Governor Glenn Stevens said that while the central bank has been unconvinced about the effectiveness of trying to drive down the Aussie, he remains "open-minded" on currency intervention. "That doesn't mean we will always ... | |
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 ... | |
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 ... | |
Rubber Nears 1-Week High as Yen Slides on Stimulus Speculation Bloomberg Rubber climbed as Japan's currency slid to a four-month low against the dollar, boosting the appeal of yen-based futures, amid speculation the Bank of Japan may add stimulus. The contract for delivery in April on the Tokyo Commodity Exchange gained as ... | |
Treasury to sell last GM shares from auto bailout. How'd taxpayers fare? Christian Science Monitor The Treasury Department is finally getting out of the automotive business, five years after interceding to rescue the US industry from apparent annihilation at the onset of the Great Recession. On Thursday, it announced it sold 70.2 million shares of General ... | |
Power outage in northern NJ town San Francisco Chronicle EDGEWATER, N.J. (AP) — 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. | |
Polk County Home Prices Up in October The Ledger The county's median sale price for existing single-family homes was $123,950 last month, up 14.5 percent from the year before, according to the Florida Realtors organization. Local Realtor associations recorded 470 existing homes sold in October. That was ... | |
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 ... | |
Fed officials felt taper may happen at next few meetings: minutes Reuters WASHINGTON (Reuters) - Federal Reserve officials felt they could decide to start scaling back the U.S. central bank's massive asset-purchase program at one of its next few meetings provided this was warranted by economic growth. Minutes of the Fed's ... | |
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 ... | |
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 ... | |
UPDATE: Boeing jet lands at Jabara Airport KAKE WICHITA, Kans. - A Boeing jet is sitting on the runway at Wichita's Jabara Airport - and may be stuck there for awhile. Elizabeth Cory with the Federal Aviation Administration in Washington tells KAKE News a Boeing 747 LCF Dreamlifter landed at Jabara ... | |
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 ... | |
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 ... | |
Dollar Gains Versus Major Peers on Fed Taper in Coming Months Bloomberg The dollar rose against most major peers as Federal Reserve officials said they might reduce their $85 billion in monthly bond purchases "in coming months" as the economy improves, minutes of their last meeting show. The euro dropped from a four-year ... | |
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 ... | |
Jury orders Samsung to pay Apple Independent Online Juror Barry Goldman-Hall speaks to reporters outside of the federal building in San Jose, California. A Silicon Valley jury on Thursday ordered Samsung Electronics to pay Apple $290m for copying vital iPhone and iPad features. San Jose, California - A ... | |
BOJ Kuroda Upbeat on Global Economy Wall Street Journal Bank of Japan Gov. Haruhiko Kuroda listens to a reporter's question during a news conference at the BOJ headquarters. Reuters. TOKYO—Bank of Japan Gov. Haruhiko Kuroda is offering a bullish view on the global economy, brushing aside concerns over ... | |
US STOCKS-Wall St slips; Fed minutes hint of taper in next few months Reuters ... Stocks. * Minutes suggest Fed may be getting closer to trimming stimulus. * October core retail sales show demand picking up. * Dow off 0.4 pct, S&P 500 down 0.4 pct, Nasdaq off 0.3 pct. By Caroline Valetkevitch. NEW YORK, Nov 20 (Reuters) - U.S. stocks ... | |
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 ... | |
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 ... | |
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 ... | |
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 ... | |
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. | |
Abercrombie & Fitch EPS Estimates Improved In Past Month Forbes Analysts have become increasingly bullish on Abercrombie & Fitch in the month leading up to the company's third quarter earnings announcement scheduled for Thursday, November 21, 2013. The consensus earnings per share estimate has moved up from ... | |
Analysis: US retailers brace for margin hit from holiday discounts Fox Business Shoppers like stay-at-home mom Susan Sterling are American retailers' worst nightmare this holiday season. The 52-year-old from Mountain Home, Idaho expects to spend only about $200 on holiday gifts, $100 less than last year, and plans to buy only ... | |
Hate your job? You probably live in the US Today.com The relentless drudgery of working nine 'til five is a common gripe all over the world, but according to a survey by recruitment website Monster.com, U.S. workers hate going to the office the most. The survey, which was sponsored by Monster.com and ... | |
Euro plummets as ECB mulls negative deposit rate Telegraph.co.uk European Central Bank policymakers have discussed 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 ... | |
Some stores let workers carve out Thanksgiving time Green Bay Press Gazette A Nordstrom department store in Santa Monica, Calif., displays a sign in its window explaining why the retailer is bucking the national trend to open on Thanksgiving. / Patrick T. Fallon, Bloomberg. USA Today ... | |
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 ... | |
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 ... | |
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 ... | |
FCC to Begin Acting on Phone-Network Upgrade AllThingsD The nation's phone system is changing quickly and it is time for the regulators to catch up, new Federal Communications Commission Chairman Tom Wheeler said Tuesday. Mr. Wheeler, in a blog post, outlined his plan to move forward with what has become ... | |
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