Dec 12, 2013

Google Alert - Business News

News 34 new results for Business News
Report: Foreclosure crisis is winding down USA TODAY
The foreclosure crisis is nearing an end and won't derail the housing rebound underway in many parts of the country, real estate research firms say. Foreclosure activity in November was down 37% from a year ago and 15% from October, RealtyTrac reports ...
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Merrill Lynch charged with misleading investors in 2006 USA TODAY
Editor's note: An earlier version of the story contained an inaccurate amount for the penalty. Merrill Lynch agreed to pay $131.8 million in penalties Thursday on charges brought by federal regulators that the bank misled investors in asset-backed securities ...
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Will Great Rotation shift continue in 2014? USA TODAY
The 2008 financial crisis scared Main Street investors, mainly because they lost a lot of money when the stock market lost more than half its value. As a result, individual investors yanked their money out of stocks and put it into bond funds. But with bonds ...
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European Factors to Watch -Stocks to fall as early taper view hardens Reuters
LONDON Dec 12 (Reuters) - European stocks are seen opening lower on Thursday, with the probable nomination of a relatively hawkish central banker to the U.S. Federal Reserve vice-chair adding to the view that the U.S. may slow its monetary stimulus ...
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Boeing Machinists Union Reject Counteroffer Wall Street Journal
Boeing Co. said it had made a counter proposal to its largest union for a contract designed to secure manufacturing of its planned 777X jetliner in Washington state, but that union leaders had rejected the deal. Boeing's statement Thursday came at the end of ...
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Volkswagen America CEO steps down as sales slump Detroit Free Press
Jonathan Browning, CEO of Volkswagen Group of America, will be stepping down in January as the German automaker deals with a sales slump in the U.S.. Volkswagen said Browning will be replaced by Michael Horn, 51, who is head of Volkswagen Group ...
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Mexico's lower house quickly takes up energy bill Houston Chronicle
MEXICO CITY (AP) — Mexico's lower house of Congress began a raucous, marathon debate expected to last through the night and well into Thursday on historic legislation that would open the state-run oil industry to private investment. Just hours after the ...
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AFP
Orange County Register Owner Plans Daily LA Paper ABC News
The parent company of the Orange County Register is looking to further expand its regional reach by launching a new daily newspaper in Los Angeles. Aaron Kushner, the CEO of Freedom Communications, told The Associated Press on Thursday night that ...
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Criminal Action Is Expected for JPMorgan in Madoff Case New York Times
Bernard L. Madoff, right, at Federal District Court in Manhattan in 2009. Stephen Chernin/Getty Images Bernard L. Madoff, right, at Federal District Court in Manhattan in 2009. He is serving a 150-year sentence in a federal prison. JPMorgan Chase and federal ...
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Pepsi Deal Underscores An Emphasis On Snacks New York Times
In an unusual deal that goes far beyond the soda wars, PepsiCo is to announce on Thursday that it is unseating Coca-Cola as the beverage supplier to one of the nation's hottest restaurant chains, Buffalo Wild Wings.
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Obamacare sign-ups continue to increase Los Angeles Times
WASHINGTON — Growing numbers of Americans are signing up for insurance through President Obama's health law, with more than 250,000 selecting a plan in November, according to a new government report. That is more than double the number in ...
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Snapchat raises $50m from hedge fund Coatue Financial Times
Snapchat has raised $50m in new funding from Coatue Management, the hedge fund that has been increasing its investments in Silicon Valley companies over recent months. The messaging app, which last month turned down a $3bn acquisition offer from ...
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Fuel efficiency hits new highs, government says kwgn.com
NEW YORK — Carmakers keep making more and more efficient efficient vehicles, the government said in a Thursday report. The Environmental Protection Agency announced the average fuel efficiency of model year 2012 vehicles increased about a gallon ...
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YouTube advertising revenue surges 50% to $5.6bn Financial Times
Advertisers will spend a projected $5.6bn on YouTube in 2013, an increase of more than 50 per cent on the previous year, according to a report that underlines a shift away from traditional television ads. The sharp rise, which follows an explosion of viewing ...
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Obamacare enrollment in California surges Reuters
NEW YORK (Reuters) - California's Obamacare insurance marketplace experienced a surge in enrollment last week, officials said on Thursday, offering welcome news for President Barack Obama's sweeping healthcare law from a state crucial to its success.
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Abe's arrows: Absence of wage rises could run Abenomics off road Financial Times
The last time Toyota's Japanese workers won a pay rise, in early 2008, it was the blissful days before the global financial crisis, cho-endaka – an ultra-high yen – and multimillion-vehicle recalls. It has been four years since their union even bothered asking, ...
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Traditional office holiday parties getting ditched Boston.com
In this Dec. 4, 2013, photo, provided by Lattice Engines, Lattice The Associated Press In this Dec. 4, 2013, photo, provided by Lattice Engines, Lattice Engines's Boston office participates in Paint Nite, in Boston. Paint Nite is a service event that gives painting ...
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White House Works to Attract Younger Health-Plan Users Wall Street Journal
New enrollment figures show health-insurance exchanges nationwide are attracting more customers, but the Obama administration said that it has more work to do to get enough younger, healthy people into the system. Enlarge Image. cat. Health and Human ...
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Apple Sent Medical Team to Probe Pegatron Deaths in China Bloomberg
Apple Inc. (AAPL), the world's most valuable technology company, sent independent medical experts to a Chinese factory operated by supplier Pegatron Corp. (4938) after the deaths of some employees. "While they have found no evidence of any link to ...
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Peugeot Drops After Announcing $1.5 Billion Currency Hit Bloomberg
PSA Peugeot Citroen (UG) fell 7.6 percent after saying 2013 profit will take a 1.1 billion-euro ($1.5 billion) hit from currency swings and savings from a General Motors Co. (GM) alliance will be less than planned. The Peugeot-GM partnership's annual cost ...
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Retail Sales in US Probably Increased by Most in Five Months Businessweek
Retail sales probably rose in November by the most in five months as Americans bought cars and took advantage of discounts going into the holiday-shopping season, economists said before a report today. Purchases (RSTAMOM) climbed 0.6 percent, the ...
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Analysis: Some Cisco investors urge an exit from set-top box unit Reuters
NEW YORK (Reuters) - Cisco Systems Inc Chief Executive John Chambers is facing growing pressure from investors to exit its television set-top box business, where revenue has been plummeting and profit margins trail the rest of the company. The problem ...
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Aviation schools prepare for boom in drone jobs Washington Post
GRAND FORKS, N.D. — Two student pilots are seated shoulder to shoulder before a bank of video monitors, maneuvering an unmanned aircraft by keyboard and mouse as the drone descends toward a virtual runway in a suburban landscape.
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GLOBAL MARKETS-Asian shares dip to 4-week low on Fed tapering worry Reuters
... slideshows. * Tokyo's Nikkei seen heading for third straight daily fall. * U.S. stocks post biggest one-day drop in a month. * Aussie dollar holds near 3-month low. By Dominic Lau. TOKYO, Dec 12 (Reuters) - Asian shares slipped to a four-week low on ...
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Controversy over proposal to allow cellphone calls in flight tests new FCC ... Washington Post
It didn't take long for Tom Wheeler, the new chairman of the Federal Communications Commission, to face controversy. On Thursday, the agency's five-member commission is set to vote on whether to allow the public to comment on Wheeler's idea to enable ...
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List of 52 bus companies that feds shut down Washington Post
LOS ANGELES — Federal bus safety regulators announced that they have shut down 52 companies in what they describe as a major nationwide crackdown on unsafe carriers. Here is a state-by-state list of 49 companies that were shut down by the U.S. ...
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AP NewsBreak: Feds joins battle on citrus disease Houston Chronicle (blog)
ST. PETERSBURG, Fla. (AP) — The federal government is getting involved in the fight against citrus greening disease, in hopes of saving Florida's — and possibly the entire nation's — citrus crop. The U.S. Department of Agriculture will announce Thursday ...
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BOK freezes key rate for 7th straight month in Dec. Yonhap News
SEOUL, Dec. 12 (Yonhap) -- South Korea's central bank froze the key interest rate for the seventh consecutive month on Thursday as the local economy is showing signs of a moderate recovery amid tame inflation. Bank of Korea (BOK) Gov. Kim Choong-soo ...
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Holiday shopping spree not for everyone Post-Bulletin
FILE - In this Friday, Nov. 29, 2013, file photo, Shoppers rest on chairs in the Fashion Show mall in Las Vegas. The National Retail Federation estimates that sales over the four-day 2013 holiday weekend including Thanksgiving declined 2.9 percent from last ...
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Get Ready: Airlines Expect Sharp Rise in Passenger Demand Travel Agent
airline The worlds' airlines expect to see a 31 percent increase in passenger numbers between 2012 and 2017, the International Air Transport Association (IATA) reports in its Airline Industry Forecast. By 2017 total passenger numbers are expected to rise to ...
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Boeing Expansion Would Benefit Union The Missourian
An expanded Boeing Co. plant in the St. Louis area could bring jobs, residents and retail to the Union area. State lawmakers gave final approval Friday to a plan offering up to $1.7 billion in incentives over more than two decades if Boeing agrees to assemble ...
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Ford Motor Company (NYSE:F) – [video] The Standout Car Fueling Ford's ... Jutia Group
Ford Motor Company (NYSE:F) [at Bloomberg] – Dec. 11 (Bloomberg) — The Ford Fusion is the biggest hit to come out of an American automaker in the past three decades. It is the first American competitor to take on the Camry since the 1996 Ford Taurus.
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New Act Proposes National Paid Family Leave Policy New York Times (blog)
Could paid family leave in the United States be more than just a rainbow-hued KJ Dell'Antonia Could paid family leave in the United States be more than just a rainbow-hued pipe dream? For years, the United States has been criticized for its status as an ...
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Apple tells developer to remove bitcoin payment function WantChinaTimes
Apple has asked an app developer to remove the ability to send bitcoin payments on its app or be kicked off the iOS App Store. The US technology giant has yet to specifically a ban on the virtual currency but the move is the latest attempt by a company to ...
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