Thanksgiving shopping becomes social, but spending down USA TODAY Thanksgiving night shopping looked like a new family tradition this year as stores opened earlier and consumers took advantage of the extra time to spread out their Black Friday shopping. The Thursday-through-Sunday tally, though, was less buying overall, ... | |
Fed Approves New Goldman Sachs, JPM Capital Plans Fox Business The Federal Reserve on Monday said it approved new capital plans by Goldman Sachs (GS) and JPMorgan Chase (JPM), after initially ordering the banks to fix flaws in their capital planning processes. The plans are part of the stress-testing regime meant to ... | |
BOJ's Kuroda unwavering on inflation goal as Japan capex rises Reuters NAGOYA/TOKYO, Japan (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Monday he saw no need to water down the bank's commitment to achieve 2 percent inflation in two years, stressing that the country was on track to meet the target despite ... | |
RBA Holds Key Rate at Record-Low 2.5% as Currency Pressure Eases Businessweek Australia's central bank left its benchmark interest rate unchanged at a record low as a weakening currency boosts export industries, aiding the economy's transition from resource-investment led growth. Governor Glenn Stevens and his board kept the ... | |
Salesforce loses money, but masters art of distraction USA TODAY Enterprise software is not a sexy business. They say you can put lipstick on a pig, but good luck gussying up terms like "customer relationship management" (CRM) and "enterprise resource planning" (ERP). The digestive functions of large corporations are ... | |
Stocks Retreat as Investors Watch Fed Wall Street Journal Stocks fell broadly, as investors focused on the prospect of a pullback in central-bank stimulus efforts and mixed results from the Thanksgiving shopping weekend. The Dow Jones Industrial Average declined 77.64 points, or 0.5%, to 16008.77, its biggest ... | |
Madoff's right-hand man ready to take the stand Washington Post NEW YORK — The way Frank DiPascali tells it, Bernard Madoff planted the seeds of deception for his $17 billion Ponzi scheme back in the 1970s, when his firm was in a small office at 110 Wall Street. Madoff "would very loudly proclaim" that he had made a ... | |
Amazon Rejected by U.S. High Court on New York Sales Tax Bloomberg The U.S. Supreme Court stayed out of the multibillion-dollar fight over Internet sales taxes, leaving intact a New York law that forces Amazon.com Inc. (AMZN) to collect money from customers in that state. Acting on one of the biggest online-shopping days of ... | |
Hong Kong Stocks Extend 2 1/2-Year High on China PMI Bloomberg Hong Kong stocks climbed, with the city's benchmark index extending its 2 1/2-year high, after gauges of China's manufacturing growth beat estimates. Anhui Conch Cement Co. paced gains among makers of the building material after factory activity ... | |
Venezuelan oil diplomacy curbed by economic crisis Houston Chronicle CARACAS, Venezuela (AP) — The late President Hugo Chavez's dream of leveraging Venezuela's oil wealth to spread revolution across Latin America is crumbling under the weight of an economic crisis that is forcing his hand-picked successor to cut back ... | |
Breaking News » Mariano's owner buys 11 Dominick's Chicago Daily Herald Roundy's, Inc. will buy 11 soon-to-be-closed Dominick's stores, including those in Buffalo Grove, Gurnee, Aurora and Park Ridge. The stores will be converted to Mariano's over the course of one to two months, company officials announced Monday. | |
'12 Days of Christmas' items top $114K Seattle Post Intelligencer PITTSBURGH (AP) — The price of lords-a-leaping and ladies dancing has spiked this holiday season, but other items mentioned in the carol "The Twelve Days of Christmas" still cost the same as they did last year. Buying one set of the gifts mentioned in each ... | |
Long on Cutting Edge of Print, New York Magazine Cuts Back New York Times Since its founding in 1968, New York magazine has served as a prototype of literate, high-tempo publishing, using its weekly cadence and location in one of the world's cultural capitals to usher in a new, more intimate and frank approach to what a publication ... | |
Manufacturing index rises as plant orders grow Buffalo News In today's retail world, every day is Cyber Monday.Just ask any bricks-and-mortar retailer who laments their loss of market share to a website ... Read more » · Opinion · Editorials · Viewpoints · Another Voice · My View · Letters to the Editor ... | |
REAL ESTATE: Mortgage insurance policy regulations overhauled Press-Enterprise Fannie Mae and Freddie Mac, working with the mortgage industry, have completed a major overhaul of mortgage insurance requirements in a new master policy, the Federal Housing Finance Agency said. Developed with FHFA oversight, the recast policy ... | |
Wage Strikes Planned at Fast-Food Outlets New York Times Seeking to increase pressure on McDonald's, Wendy's and other fast-food restaurants, organizers of a movement demanding a $15-an-hour wage for fast-food workers say they will sponsor one-day strikes in 100 cities on Thursday and protest activities in 100 ... | |
Britons Set to Break Online Spending Records on Cyber Monday Businessweek John Lewis Partnership Plc, the U.K. department-store chain which generates online sales exceeding 1 billion pounds a year, expects Apple Inc.'s iPad tablets, cashmere items and Ugg boots to top Cyber Monday shopping lists. Photographer: Simon ... | |
Nobel Prize economist warns of US stock market bubble Reuters BERLIN (Reuters) - An American who won this year's Nobel Prize for economics believes sharp rises in equity and property prices could lead to a dangerous financial bubble and may end badly, he told a German magazine. Robert Shiller, who won the ... | |
White House Praises Gains on Health Site New York Times Weeks of frantic technical work appear to have made the government's health care website easier for consumers to use. But that does not mean everyone who signs up for insurance can enroll in a health plan. Enlarge This Image ... | |
Families, Friends, Neighbors Mourn Victims of Metro-North Crash Wall Street Journal Officials at examine the scene where a Metro-North train derailed while passing a sharp curve in the Bronx on Sunday. Mark Lennihan/Associated Press. The four people killed in Sunday morning's Metro-North crash included a sound technician for NBC's ... | |
Aussie Rallies From Three-Month Low After China PMI, Kiwi Climbs Bloomberg Australia's dollar rallied from near its weakest level in three months and New Zealand's currency rose for a second day after two reports showed China's manufacturing expansion was stronger than estimated. New Zealand's dollar climbed versus Australia's ... | |
UPDATE 3-Turkey to seek Baghdad's consent for Iraqi Kurdish oil Reuters ... Print. * Both sides say Baghdad's consent needed for oil exports. * Turkey seeks oil from Iraq's Kurdish northern region. * Baghdad says deals between Turkey and Iraqi Kurds illegal (Recasts with joint news conference). By Raheem Salman. BAGHDAD ... | |
Treasury Auctions Set for the Week of Dec. 2 New York Times The Treasury's schedule of financing this week includes Monday's regular weekly auction of new three- and six-month bills and an auction of four-week bills on Tuesday. At the close of the New York cash market on Friday, the rate on the outstanding ... | |
Dollar Falls as Investors Await Heavy US Data Week Wall Street Journal The dollar succumbed to profit-taking after setting a fresh six-month high against the yen on Monday in Asia as investors awaited a series of major U.S. economic indicators to be released this week. The greenback hit a fresh half-year high of Y102.65 earlier in ... | |
Bus service for NY commuters after derailment Wall Street Journal NEW YORK — The Metropolitan Transit Authority is providing shuttle busses and urging commuters who can to work from home following a train derailment in New York City. The MTA says Sunday shuttle busses will transport commuters traveling on the ... | |
Failure of Co-op bid was not evidence of system 'working' Financial Times Sir, As someone involved in setting up NBNK and its bid for the Lloyds Verde branches, I have to take issue with UK chancellor of the exchequer George Osborne's view (Report, November 26) that Treasury backing for the Co-op's competing bid was "beside ... | |
Hilton chases meetings to make up for dwindling convention business The Columbian The McLean, Va.-based hotel company last week debuted a program to keep up with growing demand for meetings of fewer than 25 attendees. Meetings Simplified, a new online system with a pared-down pricing structure, helps planners quickly book ... | |
Craig Allen: Are Stocks Overpriced? We May Find Out This Week Noozhawk With the Federal Reserve scheduled to meet Dec. 17-18, investors will be keeping a close eye on this week's heavy assortment of economic reports. Will these reports be enough to spur the Fed to begin tapering before the end of 2013, and will that spark a ... | |
Business Agenda: Business Postscript: Bank takes air out of housing bubble ... HispanicBusiness.com One of the perceived challenges of this period of extraordinary monetary stimulus is: when do you pull out? Last week we saw a small part of that dilemma playing out as the governor of the Bank of England reined in the mortgage market, as he sought to ... | |
Talking Points Evolved as Deadline Approached Wall Street Journal (blog) The Obama administration declared a cautiously optimistic victory after the Nov. 30 deadline for fixing HealthCare.gov had passed, but in the weeks leading up to what some bloggers were calling "Vast Majority Sunday" the administration's message evolved. | |
Apple Gets Full Twitter Firehose With Topsy Acquisition AllThingsD Apple has acquired Topsy Labs, a social media analysis firm specializing in charting Twitter trends. Price: Somewhere north of $200 million. Topsy, one of handful of companies with access to Twitter's full "firehose" of tweets, recently unveiled a search engine ... | |
India stock index futures signal flat open Myiris.com Indian equities are likely to open flat tracking mixed global markets on Monday, December 2, 2013. SGX Nifty is trading at 6,235.5 (07.50 am), 7.5 points higher than Friday's close of 6,228. Asian stocks are trading mixed in early trade on Monday. Japanese ... | |
Troika bails on Greece meeting as 2014 budget doubts emerge CITY A.M. THE TROIKA of Greece's international lenders will delay a visit to Greece that was planned for this week, casting doubt over the country's 2014 budget. Over the weekend, finance minister Yannis Stournaras confirmed that the International Monetary Fund ... | |
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