China Inflation Below Target as Leaders Start Reform Summit Bloomberg China's consumer prices rose less than economists forecast in October and factory-gate deflation deepened for the first time in five months, reducing odds that officials will tighten monetary policy. The consumer price index rose 3.2 percent in October from a ... | |
S&P Cuts France's Credit Rating Wall Street Journal PARIS—Standard & Poor's Friday cut France's credit rating by one notch to double-A, dealing a blow to President François Hollande's efforts to turn around the euro zone's second-largest economy. Enlarge Image. cat. Paris from the Trocadéro, showing ... | |
China party says no to political reform on eve of key meet Reuters BEIJING (Reuters) - China's Communist Party gave an emphatic no to any political reform that may threaten its rule in a lengthy document published on Friday, the day before it starts a key meeting to set the economic agenda for the next decade. While party ... | |
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 ... | |
Spire, Beacon of 1 World Trade Light up NYC ABC News Hundreds of red, white and blue LED modules are illuminating lower Manhattan as officials test the lights atop 1 World Trade Center. The Port Authority of New York and New Jersey said Friday the beacon is packed with nearly 300 modules and their glow ... | |
U.S. 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. | |
Home Depot Apologizes for Racist Tweet TIME We have zero tolerance for anything so stupid and offensive. Deeply sorry. We terminated agency and individual who posted it. — The Home Depot (@HomeDepot) November 07, 2013. The end. Or maybe not … Yo @HomeDepot Im tweeting you on the ... | |
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. | |
Payroll Gains in U.S. Probably Cooled Amid Government Shutdown Bloomberg Employers in the U.S. probably added fewer workers in October and the jobless rate rose for the first time in five months as the effects of the partial federal government shutdown rippled through the labor market, economists said before a report today. Payrolls ... | |
Dow hits another high on hiring surge last month Los Angeles Times NEW YORK—. An unexpectedly strong jobs report gave stocks a lift on Friday, pushing the Dow Jones industrial average back to an all-time high. The gains were led by banks, such as Bank of America and JPMorgan Chase, which stand to benefit from a ... | |
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 ... | |
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 ... | |
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 ... | |
'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 ... | |
Bank of America seeks dismissal of suits over 'prime' mortgage securities Charlotte Observer Bank of America is seeking the dismissal of two lawsuits brought by federal authorities who accuse it of misleading investors who bought $850 million in securities backed by prime mortgages. On Friday, the Charlotte-based bank filed its response to the civil ... | |
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 ... | |
Power out Friday for more than 43000 in Seattle KIRO Seattle More than 23,000 Seattle City Light customers were without power Friday night in North Seattle. This is the outage map as of 6:40 p.m.. Sponsored Links. By KIRO 7 STAFF. An estimated 43,000 Seattle City Light customers were without power Friday night in ... | |
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 ... | |
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 ... | |
Bristol to stop early research in three disease areas Reuters Nov 7 (Reuters) - Bristol-Myers Squibb Co said on Thursday that it would no longer conduct research to discover new drugs for hepatitis C, diabetes and neuroscience, but will increase spending on medicines that harness the immune system to fight cancer. | |
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 ... | |
As Twitter Shares Soar, Wall Street Turns Lower New York Times Twitter shares surged well above expectations on the stock's opening day while major U.S. indexes closed lower, led by the Nasdaq. Add to Portfolio. Twitter · Go to your Portfolio ». By the end of trading, the Standard & Poor's 500 index was down 1.3 percent, ... | |
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 ... | |
US stocks decline after unexpectedly high GDP data, Fed speculation Binary Tribune U.S. stocks retreated, pressing down the Standard & Poor's 500 Index to its most substantial loss in two months, amid speculation the Federal Reserve may scale back stimulus after larger-than-estimated GDPGross Domestic Product. Generally measures how ... | |
German trade surplus hits record high in September Reuters UK ... Bimmer. * German trade surplus is highest on record. * Exports rose to all partners, imports fell. * Data could fan criticism of export-dependency. By Annika Breidthardt. BERLIN (Reuters) - Germany's trade surplus rose to a record high in September as ... | |
The 7 Most Important Moments in Twitter History TIME Twitter is all grown up. The social network that was once derided as the place to post what you had for lunch is going public today, offering 70 million shares at an initial $26 price. Somehow, among the glut of social networks that emerged in the mid-2000s, ... | |
Fed Won't Pull Punch Bowl at Ben's Big Party Wall Street Journal December will be a momentous month at the Federal Reserve. It's 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 ... | |
Axe Falls on Ariad's Workforce After Cancer Drug Blowup Xconomy It wasn't long ago that Ariad Pharmaceuticals (NASDAQ: ARIA) was building a massive new headquarters in Cambridge, MA, to help roll out its first FDA-approved cancer drug, ponatinib (Iclusig). Just a few months later, it's on the defensive, cutting almost half ... | |
5 Strategies to Drive Up Holiday Retail Sales GlobeSt.com ATLANTA—When the holiday season officially kicks off the day after Thanksgiving, retailers will be scurrying to make the most of a compressed shopping season that is six days shorter than last year. In addition to timing considerations, increased competition ... | |
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 ... | |
Cheap Corn Flies Off Shelf Farm Futures Everybody loves a bargain, especially end users of corn who paid high prices in the wake of the historic 2012 drought. A year later, the crop is abundant, prices are dramatically lower, and buyers don't need much convincing to load up their shopping carts. | |
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 ... | |
Rise in US economic growth brings tapering back into focus The Guardian October's Federal Reserve decision announced on the New York Stock Exchange. The US economic growth data suggests that tapering might be brought forward. Photograph: Richard Drew/AP. America's economy grew at a faster-than-expected 2.8% ... | |
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 ... | |
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