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 ... | |
Greenspan Says Yellen Was His Guide to Economics Research at Fed Bloomberg Former Federal Reserve Chairman Alan Greenspan said that Janet Yellen would be a "great" chief of the central bank and that he relied on her to explain the newest academic research in economics while the two served together. "She is an extraordinarily ... | |
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 ... | |
Wal-Mart pricing glitch sparks buying frenzy online Los Angeles Times Wal-Mart Stores Inc. says a "technical error" caused its website to offer absurdly low pricing Wednesday morning, touching off a buying frenzy that was fueled by bargain hunters on social media. Many products were listed at more than 90% off, with televisions ... | |
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. | |
Founder intrigue: Titillating twists, power struggles paved Twitter's path to Wall ... Washington Post SAN FRANCISCO — This much is known: Twitter grew out of Jack Dorsey's fascination with dispatch systems for cabs, emergency services and bike messengers. That fascination inspired the idea for a real-time communications system. In turn, that morphed ... | |
ING to Speed Up Reorganization After Revised Deal With EU Businessweek A logo sits on display outside an ING Groep NV bank branch in Amsterdam. Photographer: Matthew Lloyd/Bloomberg. ING Groep NV (INGA), the biggest Dutch financial-services company, will complete its reorganization two years earlier than planned after ... | |
Bangladesh passes law for closer Grameen oversight Businessweek DHAKA, Bangladesh (AP) — Bangladesh's parliament has passed a law bringing the pioneering Grameen Bank under closer central bank supervision, a move bitterly opposed by the lender's founder Nobel laureate Muhammad Yunus. Grameen was a trail ... | |
Washington state: 'Living wage' measure leads, GMO labeling trails Los Angeles Times SEATTLE –In the election night count of ballots in Washington state, a "living wage" measure in the small city of SeaTac was ahead in the polls, while a statewide measure to require the labeling of some genetically engineered foods appeared to be lagging. | |
News summary: CBS 3rd-quarter profit up 26 pct as ad revenue grows Washington Post PROFIT: CBS posted third-quarter earnings in line with Wall Street expectations. SPAT IMPACT: But the local broadcasting segment profit dropped, which ISI Group analyst Vijay Jayant attributed to the monthlong blackout to Time Warner Cable customers in ... | |
Toyota raises full year profit forecast BBC News The world's biggest carmaker, Toyota, has raised its profit forecast as the yen's weakness and cost-cutting measures helped lift its earnings. It now expects to make a net profit of 1.67tn yen ($16.9bn; £10.5bn) in the financial year to 31 March 2014, up from an ... | |
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. | |
Amazon wants indie bookstores to sell Kindles, but they'd rather not Los Angeles Times Amazon on Tuesday announced a program, called Amazon Source, making its Kindle e-readers, tablets and accessories available for independent bookstores to sell to their customers. The bookstores can purchase the devices at a discount and then, ... | |
EM ASIA FX-Higher bond yields drag rupiah lower; debt sale eyed Reuters Wed Nov 6, 2013 11:08am IST. * Rupiah at near 4-week low on foreign banks, corp dlr bids * Indonesia to sell 8 trln rupiah bonds * Indonesia economy grows 5.62 pct y/y in Q3 (Adds text, updates prices) By Jongwoo Cheon SINGAPORE, Nov 6 (Reuters) ... | |
Square talking to banks about possible 2014 IPO San Francisco Chronicle Square may be following Twitter into the public marketplace - a move that would make CEO Jack Dorsey a doubly rich man. Square has held discussions with Goldman Sachs, Morgan Stanley and several banks about holding an initial public offering in 2014, ... | |
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 ... | |
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 ... | |
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 ... | |
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 ... | |
Euro zone set for recovery, but unemployment to remain at record high Hindu Business Line The euro zone economy is expected to start growing again next year, after two years of negative growth, but unemployment will remain stubbornly high, the European Commission had predicted on Tuesday. The EU executive expects economic growth in the ... | |
After SAC Plea, Fellow Funds May Pay New York Times In striking its $1.2 billion settlement with SAC Capital Advisors, the government set a record for insider trading penalties. For the hedge fund industry, the hidden costs of the deal are even bigger. Tougher regulatory scrutiny since the financial crisis and ... | |
Ex-CEO of collapsed Virginia bank gets 23 years for fraud Reuters By Jonathan Stempel. Wed Nov 6, 2013 5:31pm EST. Nov 6 (Reuters) - A former chief executive of Bank of the Commonwealth was sentenced on Wednesday to 23 years in prison and ordered to pay $333.6 million in restitution for running what federal ... | |
Samsung to Double Dividend in Bid to Lift Its Stock Price New York Times SEOUL, South Korea — Samsung Electronics, the world's biggest maker of smartphones, said early Wednesday it would increase its cash returns to shareholders in an effort to lift its stock price, which has lagged behind those of competitors. Bits ... | |
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 ... | |
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 ... | |
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. | |
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 ... | |
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 ... | |
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 ... | |
Mortgage Rates Reach New Post-Summer Spike Lows on HSH.com Survey Finance Daily Mortgage Rates Reach New Post-Summer Spike Lows on HSH.com Survey Mortgage rates continued easing on HSH.com's weekly rate survey, as interest rates on the popular 30-year fixed home loan reached their lowest levels since June 2013. This comes ... | |
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