Nov 4, 2013

Google Alert - Business

News 37 new results for Business
Boeing, Machinists talks on 777X near conclusion The Seattle Times
Secret high-level talks between Boeing and the Machinists union have reached a decisive point as the two sides try to clinch a deal to build the 777X built in the Puget Sound area in exchange for a long-term labor contract. By Dominic Gates. Seattle Times ...
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SAC settlement, record fine, set Monday CNBC.com
Documents settling the landmark insider-trading case against SAC Capital are expected to be signed by the hedge fund and federal prosecutors Monday, said someone familiar with the matter. Details of the accord—including a guilty plea to at least one count ...
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J&J to pay $2.2B in drug marketing penalties USA TODAY
Johnson & Johnson has agreed to pay more than $2.2 billion to settle criminal and civil claims that it marketed the antipsychotic drug Risperdal and other medications for off-label uses and paid kickbacks to a large pharmacy, the Justice Department said ...
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Federal appeals court temporarily halts horse slaughter for human consumption Fox News
A federal appeals court has temporarily put the brakes on plans to resume horse slaughter for human consumption in the U.S., after a New Mexico judge last week dismissed a push by animal rights groups to stop the practice. The 10th U.S. Circuit Court of ...
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Bezos' wife MacKenzie criticizes new Amazon book USA TODAY
SAN FRANCISCO — MacKenzie Bezos, the wife of Amazon.com founder and CEO Jeff Bezos, has written a tough review of a new book about the world's largest Internet retailer. In the review, posted on Amazon's website Monday, MacKenzie Bezos criticized ...
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Anthem Blue Cross is sued over policy cancellations Los Angeles Times
In a new line of attack on canceled health policies, two California residents are suing insurance giant Anthem Blue Cross, alleging they were misled into giving up their previous coverage. About 900,000 Californians and many more nationwide have received ...
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RBA Says Aussie 'Uncomfortably High' as It Holds Key Rate Bloomberg
Australia's central bank left its benchmark interest rate unchanged at a record low and said a lower currency will be needed to achieve balanced growth. Governor Glenn Stevens and his board kept the overnight cash-rate target at 2.5 percent, the Reserve ...
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Chinese bus builder's labor troubles may be a problem for Gov. Brown Los Angeles Times
SACRAMENTO — Gov. Jerry Brown's vision to build electric buses in California may be giving him a black eye. In April, Brown visited the factory of Chinese vehicle manufacturer Build Your Dreams, or BYD, and announced that the company would make ...
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Asian shares rise, dollar slips as markets await data cues Reuters
By Lisa Twaronite. TOKYO | Mon Nov 4, 2013 6:41pm EST. TOKYO (Reuters) - Asian shares edged higher while the dollar slipped against a basket of currencies in early trade on Tuesday, after a spate of comments from Federal Reserve officials offered ...
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Analysis: Rewards shift to stock pickers in US market rally Reuters
By David Randall. NEW YORK | Mon Nov 4, 2013 2:34am EST. NEW YORK (Reuters) - It's a good time to be a stock picker. Some 57 percent of U.S. funds run by active managers are beating their benchmark indexes this year, according to fund-tracker ...
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Kmart to open at 6 am on Thanksgiving Day CNNMoney
Forget Turkey. This Thanksgiving, you can shop at Kmart for 41 hours straight -- starting at 6 a.m. on Thanksgiving Day until 11 p.m. on Black Friday. It appears to be the earliest opening yet of any retail store for Black Friday shopping. Black Friday, usually the ...
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Euro Near Six-Week Low on ECB; Aussie Climbs as Spending Surges Bloomberg
The euro touched its lowest level in more than six weeks before European Central Bank Executive Board member Joerg Asmussen speaks in the run-up to a policy meeting amid signs further stimulus may be needed in the region. Europe's common currency ...
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BP Spill Settlement Objectors Seek to Overturn Approval Bloomberg
Opponents of BP Plc's $9.2 billion partial settlement of private-party claims from the 2010 Gulf of Mexico oil spill are set to ask a U.S. appeals court to reverse a judge's approval of the agreement. The agreement is unfair and can't be approved because it ...
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Apple Enters Pact With GT Advanced Technologies for Arizona Sapphire Plant Wall Street Journal
GT said it entered into a multiyear supply agreement at an Apple-owned facility in Mesa, Ariz. GT said Apple would provide the company with a prepayment of approximately $578 million that GT will reimburse to Apple over five years, starting in 2015.
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Ryanair Predicts Full-Year Profit Drop as Competition Rises Bloomberg
Ryanair Holdings Plc (RYA), Europe's biggest discount airline, predicted a profit drop for its fiscal full year as increased competition and weaker economic conditions across Europe weigh on earnings. Net income for the year ended March 31 will be in the ...
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HSBC Hong Kong PMI hits seven-month high MarketWatch
The HSBC Hong Kong manufacturing Purchasing Managers Index rose to a seven-month high of 50.1 in October from 50.0 in September but signaled little change in business conditions. Orders from China remain weak, HSBC Holdings PLC said on Tuesday ...
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Gross Loses World's Largest Mutual Fund Title to Vanguard Bloomberg
Nov. 4 (Bloomberg) --- Bill Gross no longer runs the world's largest mutual fund. Gross's Pimco Total Return Fund (PTTRX) has shrunk by $37.5 billion since the start of this year, ending last month with $247.9 billion in assets, according to data provided by ...
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Philanthropist still wants Philadelphia Inquirer Tucson Citizen
The dizzying world of rich business folks gaming for ownership of struggling newspapers continues. On Sunday, a 96-year-old multimillionaire and philanthropist said he wants to buy the 184-year old Philadelphia Inquirer. The Inquirer reported on its own ...
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CBI Conference: EU membership in spotlight Telegraph.co.uk
A report by the business lobby group shows that companies big and small want the UK to be part of the EU and all that it has to offer in terms of trade and freedom of labour movement. In the major report released to coincide with Monday's CBI annual ...
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Climate change warriors: It's time to go nuclear CNN International
(CNN) -- Four top environmental scientists raised the stakes Sunday in their fight to reverse climate change and save the planet. Climate and energy scientists James Hansen, Ken Caldeira, Kerry Emanuel and Tom Wigley have released an open letter calling ...
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China's Leaders to Start Reform Summit With Recovery Bloomberg
China's Communist Party leaders will enter a policy-making summit this week with the economy on an upswing, services and manufacturing surveys show. A non-manufacturing Purchasing Managers' Index (CPMINMAN) rose to the highest level this year in ...
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Warning Signs Flash as Stock Market Soars Wall Street Journal
Third-quarter earnings have not been spectacular. The U.S. isn't expected to grow at anything close to breakneck speed next year. And there are few industries experiencing huge profit expansions. Enlarge Image. cat. Despite all that, a number of ...
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Zurich says reviews uncover no undue pressure on Wauthier Reuters
Mon Nov 4, 2013 12:11pm IST. ZURICH Nov 4 (Reuters) - Zurich Insurance Group said two investigations found no indication that the company's former chief financial officer who committed suicide two months ago suffered any "undue pressure" and ...
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It's Going To Be An Interesting Week For BlackBerry Forbes
Anyone with a passing interest in BlackBerry's ongoing corporate fortunes will be paying close attention to the Canadian company. Any competing bids against the offer from Fairfax Financial Holdings will have to be due on Monday, there are murmurs of two ...
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Report: Building 19 going out of business The Patriot Ledger
Building 19, the Hingham-based company known for its good-humored approach to advertising and customer service, is going out of business after almost 50 years. building-19-circular-110213.JPG · Ellis Hingham gd 020712-04.jpg ...
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Exclusive: Tri Pointe nears $2.7 billion deal for Weyerhaeuser unit: sources Reuters
By Soyoung Kim. NEW YORK | Sun Nov 3, 2013 6:02pm EST. NEW YORK (Reuters) - Tri Pointe Homes Inc (TPH.N) is near a deal to buy Weyerhaeuser Co's (WY.N) homebuilding division for about $2.7 billion, which would make it one of the 20 largest ...
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HSBC profits seen up 10 pct as cost cuts pay off Reuters
Sun Nov 3, 2013 7:01pm EST. * HSBC Q3 results due at 0815 GMT on Monday. * Pretax profit seen $5.5 bn, up 10 pct on year ago. * Operating costs seen down $1.5 bln on year to $8.8 bn. By Steve Slater. LONDON, Nov 4 (Reuters) - HSBC Holdings is ...
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Kellogg's Shares Could Use a Price Check Wall Street Journal
Up until the middle of this summer, Kellogg Co. and other large U.S. packaged-foods stocks were looking great, turning in heady gains even relative to a strong overall market. Through the third week of July, six industry leaders all had outperformed the S&P ...
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Euro-zone factory activity up, buoyed by Germany MarketWatch
Euro-zone factory activity edged higher in October thanks to modest strength in Germany and other northern economies, which countered weakness in several of the bloc's southern economies. The figures suggest a gulf in economic strength between the ...
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Best Stock Market Since 1997 Seen With S&P 500 Year-End Momentum San Francisco Chronicle
Nov. 4 (Bloomberg) -- The broadest equity rally on record will pick up speed through year end and lift the Standard & Poor's 500 Index to the biggest annual increase in 16 years, if history is any guide. Shares have climbed in the final two months 82 percent of ...
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Sysco Soars to 1Q Beat Amid Rising Chicken Prices Fox Business
Fueled by higher poultry prices and better-managed expenses, Sysco (SYY) revealed on Monday stronger-than-expected first-quarter earnings and sales. The largest U.S. food distributor reported net earnings of $285.6 million, or 48 cents a share, compared ...
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Gold unable to bounce off two-week lows MarketWatch
LOS ANGELES (MarketWatch) — Gold extended recent losses on Monday, failing to get back on track after surprisingly strong economic data and tapering speculation last week brought a sour end to an otherwise strong month of October for the precious ...
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Natural gas futures - weekly outlook: Nov. 4 - 8 NASDAQ
Investing.com - " Natural gas futures tumbled nearly 2% on Friday to hit a four-week low, as market participants continued to focus on weather forecasts to gauge the strength of demand for the fuel. On the New York Mercantile Exchange, natural gas futures for ...
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The May/June dynamic Asia Times Online
From a Q&A session with Federal Reserve Bank of St Louis president James Bullard on November 1, speaking in St. Louis: "In the spirit of simple questions, you're spending a trillion dollars a year on this asset purchase program ... " Bullard: "It's worse than ...
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RMG makers, workers may reach consensus on wage in today's meeting Financial Express Bangladesh
Both the apparel sector leaders and workers' representatives are expected to be flexible on fixation of minimum wage for garment workers aiming to reach a consensus on the issue, sources said Sunday. Garment factory owners have agreed to revise their ...
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Alca-Lu posts loss, share price rises Register
The combination of American growth, continuing staff cuts and an ongoing restructure last week delivered a narrowing quarterly loss for Alcatel-Lucent. On sales of €3.67 billion ($US5 billion), the vendor turned in a not-catastrophic net loss of €200 million ...
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Kodiak registers exchange offers for senior notes Oil & Gas Financial Journal
Kodiak Oil & Gas Corp. (NYSE: KOG) is registering offers to exchange any and all of its $350 million outstanding principal amount of 5.50% senior notes due 2021 for an equal amount of registered 5.50% senior notes due 2021, and to exchange any and all of ...
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