China Exports Rise More Than Estimated After September Drop Bloomberg China's exports rose more than estimated last month after the second drop this year, while import gains accelerated, helping sustain an economic recovery that began last quarter. Overseas shipments increased 5.6 percent in October from a year earlier, the ... | |
Amid Capitol Turmoil, Postal Crisis Drags On New York Times WASHINGTON — In early 2009, John E. Potter, then the postmaster general, delivered a dire warning to Congress: The United States Postal Service would run out of money unless lawmakers stepped in and passed legislation to help the agency stabilize its ... | |
BlackBerry's Latest Investors Include Canadian and Qatari Groups New York Times Financial Holding said Monday that it planned to invest $1 billion in the struggling smartphone maker Shannon Stapleton/Reuters Financial Holding said Monday that it planned to invest $1 billion in the struggling smartphone maker BlackBerry. OTTAWA — A ... | |
China Thaw Allows Taiwan to Expand Trade Deals to Add Singapore Bloomberg Taiwan signed its biggest trade deal yet with a country that has diplomatic ties with Beijing, as the island tries to integrate its economy with the rest of Asia's and to diversify economic allies beyond China. A free-trade agreement with Singapore, Taiwan's ... | |
Average 30-year mortgage rate edges up to 4.16% USA TODAY WASHINGTON (AP) — Average U.S. rates on fixed mortgages rose slightly last week but remained near historically low levels. Mortgage buyer Freddie Mac says the average rate on the 30-year loan increased to 4.16% from 4.10% last week, which was the ... | |
Groupon Pinched by Gmail Change, Posts Wider Loss Wall Street Journal Groupon Inc. GRPN -5.05% Groupon Inc. U.S.: Nasdaq $9.50 -0.51 -5.05% Nov. 7, 2013 4:00 pm Volume (Delayed 15m) : 29.67M AFTER HOURS $9.57 +0.07 +0.74% Nov. 7, 2013 7:18 pm Volume (Delayed 15m): 8.81M P/E Ratio N/A Market Cap $6.66 ... | |
Lenovo Profit Beats Analyst Estimates on PCs, Smartphones Bloomberg Lenovo Group Ltd. (992), the world's largest maker of personal computers, reported second-quarter profit that beat analysts' estimates after increasing its share of the global markets for PCs and smartphones. Net income climbed 36 percent to $219.7 million in ... | |
Natural gas gains squeeze family-run oil firms, which seek ways to fight back to ... Washington Post NEW HAVEN, Conn. — Oil dealers say they are being squeezed by a relentless boom in cheaper natural gas that is taking away customers and forcing the mostly family-owned businesses to find other ways to survive. Jennifer Tracey-Carlo is the third ... | |
Tax refund ID theft is growing 'epidemic': US IRS watchdog Chicago Tribune WASHINGTON (Reuters) - More Americans' identities were stolen in tax refund crimes in the first six months of 2013 than in all of 2012, said a U.S. Internal Revenue Service watchdog on Thursday who described the problem as "a growing epidemic." | |
Stock markets rally after ECB unexpectedly cuts key interest rate to help recovery Washington Post LONDON — Stock markets rallied and the euro slumped Thursday after the European Central Bank unexpectedly cut its key interest rate. A string of weak economic figures had raised pressure on the ECB to take action this week but most analysts were ... | |
Riot Police End Occupation at Greek Broadcaster Wall Street Journal ATHENS—Riot police early Thursday stormed the main premises of Greece's public broadcaster, ending an almost five-month-long occupation by workers opposing the government's shutdown of the broadcaster. The raid on the facility, in a suburb north of ... | |
Obama picks bank executive as Commerce nominee Washington Post White House. Banker is picked as Commerce nominee. President Obama nominated Bank of America executive Stefan M. Selig to oversee international trade as he seeks to jump-start the economy by appointing a Wall Street veteran to the Commerce ... | |
ArcelorMittal Loss Narrows, Ebitda Jumps as Cautious Optimism Reigns Wall Street Journal LONDON—ArcelorMittal, the world's biggest steelmaker, reported a narrower third-quarter loss and said it expects higher steel demand in China and more stable demand in Europe to drive continued improvement in the current quarter. ArcelorMittal—which ... | |
Siemens to buy back shares, profit falls slightly MarketWatch Siemens AG (NYSE:SI) , the German electrical engineering group, reported slightly lower profit in the fourth quarter and announced plans for a share buyback as new Chief Executive Joe Kaeser carries out a restructuring of Europe's largest technology group. | |
Abercrombie promises larger sizes for women by the spring NBCNews.com Teen retailer Abercrombie & Fitch Co, which has taken flak for focusing on "attractive" people, has promised it would offer larger sizes for women in the spring. The company does not currently offer sizes for women above large. Chief Executive Mike Jeffries ... | |
Fed's Dudley: Pay Top Bankers With Debt Fox Business An influential member of the Federal Reserve on Thursday floated a proposal in which top executives at big U.S. banks would receive deferred payment in debt rather than stock. New York Federal Reserve President William Dudley said in a speech that ... | |
CEO of Company in Va. Governor's Scandal to Resign ABC News The head of a dietary supplement maker entangled in a political scandal with Virginia Gov. Bob McDonnell will resign amid a securities probe and shareholder lawsuits. Star Scientific Inc. CEO and founder Jonnie R. Williams Sr. and president Paul Perito will ... | |
Valuation of Twitter may be near peak, investors say company will be wildly ... Economic Times Twitter is a young company generating large losses as it competes in a highly uncertain sector of the economy. And that is exactly why investors clamored for a piece of its initial public offering, which closed on Wednesday evening. Twitter's shares were priced ... | |
Nestle to Sell Most of Jenny Craig Unit to North Castle Bloomberg Nestle SA (NESN), the world's largest food company, agreed to sell most of its Jenny Craig diet business to North Castle Partners for an undisclosed amount as it embarks on an effort to dispose of underperforming units. Nestle will divest Jenny Craig in North ... | |
Japanese Stocks Retreat With Won on Fed Bets as Crude Oil Climbs San Francisco Chronicle Nov. 8 (Bloomberg) -- Asian stocks fell, set for a third weekly drop led by Japanese shares, while emerging-market currencies weakened as investors awaited U.S. payrolls data after faster economic growth stoked concern the Federal Reserve may cut ... | |
Colorado's Elections Were Fracked National Journal Voters in four Colorado towns went to the polls Tuesday to decide on anti-fracking measures, which could influence the conversation nationwide.(Amy Harder). Amy Harder. By Amy Harder · Follow on Twitter. November 6, 2013. Share ... | |
Crédit Agricole: Will Fight Any Accusation of Euribor Wrongdoing Wall Street Journal PARIS—Crédit Agricole SA Chief Executive Jean-Paul Chifflet said Thursday the French bank would fight any accusation by the European Commission that it took part in the alleged rigging of the euro interbank offered rate, or Euribor. Mr. Chifflet said Crédit ... | |
FAA to Map Out Civilian-Drone Rules Thursday Wall Street Journal The Federal Aviation Administration is expected to say Thursday that no major privacy-protection initiatives are necessary before opening U.S. airspace to civilian drones, a finding likely to stoke an outcry amid heightened concerns about the government's ... | |
US STOCKS-Wall St to open up on stimulus expectations; Tesla drops Reuters Wed Nov 6, 2013 7:44pm IST. * Tesla drops in premarket after results, outlook. * Microsoft narrows CEO search. * Ralph Lauren climbs after earnings, dividend boost. * Futures up: Dow 57 pts, S&P 8 pts, Nasdaq 12 pts. By Chuck Mikolajczak. NEW YORK ... | |
Bank of England to sit tight on policy, investors await jobs forecast Reuters By William Schomberg. LONDON | Wed Nov 6, 2013 7:03pm EST. LONDON (Reuters) - The Bank of England looks set to announce no change to policy on Thursday, focusing the attention of financial markets on next week's update of the economic forecasts ... | |
Atlantic Club Casino Hotel Prepares Bankruptcy Filing Wall Street Journal Atlantic Club Casino Hotel is preparing to file for Chapter 11 bankruptcy protection and will put the Atlantic City business up for auction, according to sources familiar with the matter. The Atlantic Club, which is owned by California buyout firm Colony Capital ... | |
Russian economy faces 2 lean decades, ministry documents show - paper Reuters MOSCOW | Thu Nov 7, 2013 1:45am EST. MOSCOW Nov 7 (Reuters) - Russia's economy will perform far worse than forecast over the next two decades, lagging global growth, business daily Vedomosti reported on Thursday, citing Economy Ministry ... | |
Deutsche Asset & Wealth Management: Initial Capital Investment in the db X ... Wall Street Journal Deutsche Asset & Wealth Management announced today that the db X-trackers Harvest CSI 300 China A-Shares Fund (ASHR), launched at $108 million. This initial capital investment is the largest for any equity exchange-traded fund (ETF) since 2007.(1). | |
Lululemon Founder Says Yoga Pants "Don't Work" on All Women's Bodies E! Online Lululemon is making headlines again—and yes, it's still about those infamous yoga pants! Huffington Post reports that the popular fitness brand's cofounders Chip and Shannon Wilson recently made an appearance on Bloomberg TV's Street Smart segment ... | |
Cautious consumers seen curbing US economic growth Economic Times The anticipated deceleration will also reflect a pullback in business spending and some ebbing in home building as a run-up in interest rates over the summer took a toll. ET SPECIAL: Save precious time tracking your investments. WASHINGTON: US ... | |
Goldman Sachs Is Monitoring Junior Bankers to Make Sure They're Taking ... New York Magazine Last week, Goldman Sachs shocked Wall Street by announcing that it was making dramatic changes to its junior analyst program, including encouraging its overworked junior investment bankers to take weekends off. But nobody was more surprised by the ... | |
Twitter's prospects? Bright, if you ask its employees Silicon Valley Business Journal Twitter Inc. CEO Dick Costolo and the company itself received high marks from employees who are optimistic the company has a bright future following its IPO. Sarah Drake, Contributor. Employees at Twitter are voicing optimism about the company's ... | |
Black women head back to work Charlotte Post WASHINGTON – As job prospects for whites and black men have slowed or stalled completely, black women continue to gain ground in a weak labor market, according to the latest jobs report. "Over the last few months, black women have seen the greatest ... | |
Societe Generale Upgrades Royal Bank Scotland to "Hold" (RBS) Ticker Report Royal Bank Scotland logo Societe Generale upgraded shares of Royal Bank Scotland (NYSE:RBS) from a sell rating to a hold rating in a research report sent to investors on Monday morning, TheFlyOnTheWall.com reports. Other equities research analysts ... | |
What's the Worst Kind of Debt? Huffington Post What is the worst kind of debt to carry? Is it student loan debt, credit cards, a mortgage -- or something else? Even the experts don't always agree on which debts are "good debt" and which ones are "bad," so imagine how confusing it can be to consumers who ... | |
Theme Park Insider interview with Disney Legend and Imagineer Tony Baxter ... Theme Park Insider Disney's Tony Baxter was the lead designer on many of the theme park industry's most beloved attractions, including Splash Mountain, Star Tours, and the Indiana Jones Adventure. Earlier this year, Disney honored Baxter as one of the company's Disney ... | |
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