Sleigh full of deals to follow slow shopping season USA TODAY Shopping in stores just crawled along this holiday season, leaving a pile of unsold inventory. That means bigger-than-usual after-Christmas sales. You don't even have to wait until the 26th. "Promotions have already crept into the irrational zone — north of ... | |
Fallout from Target customer data breach shows in sentiment survey Los Angeles Times Target continues to suffer blowback from the breach of as many as 40 million customer credit and debit card accounts it disclosed last week, as consumer perception of the chain plunges and calls for an investigation intensify. Consumers' perception of Target ... | |
Treasury Futures Trade Near 3-Month Low on Fed Tapering Outlook Bloomberg Treasury futures traded near a three-month low as the International Monetary Fund said it's raising its U.S. economic growth forecast, adding to prospects the Federal Reserve will continue to slow monthly bond buying. Ten-year note yields completed a fifth ... | |
Nikkei 225 Poised to Extend Six-Year High on U.S. Data Bloomberg A man looks at an electronic board displaying stock prices at the Tokyo Stock Exchange in Tokyo. A man looks at an electronic board displaying stock prices at the Tokyo Stock Exchange in Tokyo. Close. Close. Open. Photographer: Junko Kimura/Bloomberg. | |
Time Warner Cable Has Shareholder Backing as Takeover Bid Looms Businessweek Time Warner Cable Inc. (TWC:US) is loathed by many consumers and loved by many investors. It's shareholders who may give incoming Chief Executive Officer Rob Marcus the will to reject a $62 billion offer for the company. Even as it has lost TV customers ... | |
Disney Elects Twitter's Dorsey to Board Bloomberg Dec. 23 (Bloomberg) –- Techonomy Media Founder & CEO David Kirkpatrick discusses the election of Twitter's Co-Founder Jack Dorsey to its Board of Directors and what this means for the company with Cory Johnson on Bloomberg Television's "Bloomberg ... | |
Activist Starboard takes 5.6 percent Darden stake, plans push for change: source Reuters NEW YORK (Reuters) - Activist investor Starboard Value LP has taken a 5.6 percent stake in Darden Restaurants Inc (DRI.N), which it plans to disclose in a regulatory filing Monday, according to a person familiar with the situation. The purchase of the stake, ... | |
Consumer confidence rebounds after shutdown ends Detroit Free Press Maybe this could be a good Christmas — for big gifts, that is. Buying attitudes toward homes, vehicles and durable goods all improved in December, which also showed consumer confidence rebounding somewhat among households with incomes less than ... | |
Kemira Oyj sells ChemSolutions' formic acid business to Taminco Corporation MarketWatch (Thomson Reuters ONE via COMTEX) -- Kemira signed an agreement today to sell its formic acid business, including the feed and the airport runway deicing product lines, to Taminco (Allentown, Pennsylvania, USA). The businesses sold had combined ... | |
Chestnuts become a growing crop in Michigan Detroit Free Press Chestnuts still roast on open fires, but Michigan farmers are now using the traditional holiday favorite in many other ways — making treats like hummus, soup and gluten-free beer. With a combination of nature, entrepreneurial farming and some help from ... | |
Traffic at Target Stores Down After Data Breach Wall Street Journal Target tried to limit the breach's damage by offering a 10% discount in its U.S. stores over the weekend. Shown, a Miami Target on Thursday. Getty Images. In the wake of a massive data breach, Target Corp. TGT -1.33% Target Corp. U.S.: NYSE $61.66 -0.83 ... | |
Apple Inks 'Important' Deal With China Mobile, Could Sell 17 Million iPhones In ... Forbes Apple Apple, which has been negotiating with the world's largest mobile carrier for years, finally talked its way to a deal, saying yesterday it has inked a multi-year deal with China Mobile China Mobile to start selling the iPhone 5s and iPhone 5s on Jan. | |
Tribune plans to buy Gracenote from Sony for $170 million Economic Times Tribune plans to combine Gracenote with its Tribune Media Services, which provides television and movie metadata. ET SPECIAL: Save precious time tracking your investments. NEW YORK: US media company Tribune plans to acquire Gracenote, a giant in ... | |
YRC Nears Deal for $250 Million in New Equity Wall Street Journal The company was expected to make a securities filing Monday morning detailing the financing, which comprises $250 million in equity and at least $25 million in debt committed to become equity and was being provided by several investment firms, the ... | |
Legal teams grapple with banks' Volcker rule compliance Financial Times The world's largest banks are struggling to set up compliance programmes that satisfy regulators as they digest the new Volcker rule. The Volcker rule, named after former Federal Reserve chairman Paul Volcker, is one of the key provisions in the sweeping ... | |
Jos. A. Bank rejects offer from Men's Wearhouse MarketWatch NEW YORK (MarketWatch) -- Jos. A. Bank Clothiers Inc. (NASDAQ:JOSB) said Monday it has rejected Men's Wearhouse Inc.'s (NYSE:MW) acquisition bid. Jos. A. Bank said its Board of Directors unanimously voted to reject the offer for $55 a share, made on ... | |
Analysis: In banking reform, Europe zig-zags but still moves forward Reuters BRUSSELS (Reuters) - The European Union does not draw straight lines. Last week's tortuous agreement on a common system for shutting failed banks exemplifies the awkward, often unstable compromises by which Europe advances. Banking union is the ... | |
Barrick Announces Agreement to Divest Plutonic Mine in Australia Wall Street Journal Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) (Barrick or the "company") today announced it has agreed to divest its Plutonic mine ("Plutonic") in Western Australia to Northern Star Resources Ltd ("Northern Star") for total cash consideration of A$25 million, ... | |
Facing weak margins, Asia refiners switch to fuel oil from costly crude Reuters ... Print. * S. Korea, Singapore blend cheap fuel oil with condensate as feedstock. * Fuel oil-condensate blend cuts residue yield, boosts high-value products output. * Japan's TonenGeneral processing more, Cosmo considers buying fuel oil. By Florence Tan ... | |
UPDATE 2-Wall St Week Ahead-With Fed out of the way, what's next on Wall St? Reuters By Angela Moon. NEW YORK Dec 22 (Reuters) - With the U.S. Federal Reserve finally announcing it will start tapering its stimulus, it removed a big uncertainty in the market last week and raised the question: Can Wall Street expect a stronger finish to the year ... | |
Obamacare's signup deadline on Monday has its exceptions Reuters WASHINGTON (Reuters) - For most Americans who don't have health insurance, Monday is the deadline to sign up for coverage starting on January 1 under President Barack Obama's healthcare law. For others, it's not a deadline. There is a "hardship" ... | |
Predictions from market experts for 2014 Washington Post NEW YORK — It is an understatement to say stock market investors had a good year in 2013. The Standard & Poor's 500 index soared 28 percent, its best year since 1997. Including dividends, it gained 30 percent. What lies ahead after this historic year? | |
Traffic at Target stores falls after data breach - WSJ Reuters Dec 23 (Reuters) - In the wake of a massive data breach, Target Corp suffered reduced customer traffic over one of the busiest shopping weekends of the year, the Wall Street Journal reported. The number of transactions at Target fell 3 to 4 percent compared ... | |
FOREX-Dollar searches for fresh inspiration in holiday week Reuters ... slideshows. * Markets subdued with Japan closed on Monday and Christmas holidays ahead. * Dollar off multi-year highs vs yen, Australian & Canadian dollars. * Markets keeping eye on U.S. data, China money markets. By Ian Chua. SYDNEY, Dec 23 ... | |
Gold ETP Assets Shrink Most Since July After Prices Slide on Fed Bloomberg Sales of gold from exchange-traded products were the most in more than five months last week as the Federal Reserve began to reduce stimulus and bullion closed at the lowest level in more than three years. Assets in the 14 biggest exchange-traded ... | |
Health Plan Sticker Shock Ahead for Some Buyers ABC News As a key enrollment deadline hits Monday, many people without health insurance have been sizing up policies on the new government health care marketplace and making what seems like a logical choice: They're picking the cheapest one. Increasingly ... | |
Get the most out of that gift card Los Angeles Times Spoiler alert: There's a really good chance you'll get a gift card for Christmas. That's not a news flash from the North Pole. It comes instead from the National Retail Federation, which estimated in a recent report that more than 80% of shoppers will be including ... | |
Economic Reports for the Week of Dec. 23 New York Times INCOME AND SPENDING On Monday, the Commerce Department will announce the data on personal income and spending in November. Economists on Wall Street are looking for an increase of 0.5 percent for both figures, according to Bloomberg, but a ... | |
Turkey's Halkbank says Iran business complies with law Reuters ISTANBUL Dec 23 (Reuters) - Halkbank, the state-run Turkish lender whose chief executive was arrested in a wide-ranging corruption probe at the weekend, said on Monday it had not faced questioning by the police or judiciary as a corporate entity. The bank ... | |
Race to sign up for health insurance by Monday Houston Chronicle MIAMI (AP) — Monday is the last day to sign up for federal health exchange insurance if people want their coverage to start in January. Officials have already pushed the deadline back a week and it's still unclear whether everyone who wants to enroll will ... | |
Bargain-hungry holiday shoppers buy less on last weekend Reuters ELMHURST, N.Y. Dec 23 (Reuters) - U.S. consumers shopped less on the final weekend before Christmas despite deeper discounts, the latest sign of how difficult a season this is turning out to be for retailers. Shoppers also showed signs they will do more of ... | |
Asian stocks up on positive lead from U.S. NASDAQ Investing.com - Asian stock markets rose on Monday after a positive lead from the U.S. last week with the Dow and S&P 500 closing at all-time highs and the the Nasdaq at its highest level in more than 13 years. Hong Kong's Hang Seng Index rose 0.19%, ... | |
Sen. Chuck Schumer calls for full investigation into Target credit card hack New York Daily News The federal Consumer Financial Protection Bureau must conduct a full investigation into Target's data security breach, Sen. Chuck Schumer said Sunday. Hackers flooded the black market with information linked to the credit card numbers stolen from 40 ... | |
Wisconsin wolf hunting season ending early Wisconsin Radio Network For the second year in a row, Wisconsin's wolf hunting season is ending early. The state Department of Natural Resources says the remaining zone open, Zone 3, will close to hunters at 5 p.m. on Monday. Zone 3 covers a stretch of northwest Wisconsin, ... | |
Want insurance by Jan. 1? Deadline Monday for health plan under ACA Chicago Sun-Times Monday is the last day for uninsured Illinoisans to buy a newly-created health insurance plan made possible by President Obama's health care law, if they want to have their coverage kick in Jan. 1, 2014. But you have until March 31 to enroll in one of these ... | |
Group heads offshore for wind energy venture Valley morning Star Above is the Ormonde offshore project, off the west coast of the United Kingdom, which Baryonyx Corporation founders developed. Baryonyx is hopeful that continued funding from the U.S. Department of Energy will help them, and a handful of other ... | |
Herbalife: The Greater Fools Theory At Play? ValueWalk On December 5 Herbalife Ltd. (NYSE:HLF) got as high as $76.43 and some investors might be thinking that they could get in on a short squeeze of Bill Ackman and Pershing Square Capital Management`s public and noteworthy short position on the company ... | |
Optimism over US economy shores up markets Lincoln Journal Star Growing optimism over the U.S. economy helped shore up global markets Monday despite tensions in China's credit markets. Germany's DAX and the main U.S. indexes all struck record highs, albeit on a day when trading was fairly muted as many traders ... | |
Juan Williams is sick of Obamacare critics: 'There's gonna be a big lump in all of ... Daily Caller Be careful criticizing the Obamacare train wreck this Christmas season, boys and girls, or you may find yourself on Juan Williams naughty list. The political analyst was in no mood for healthcare hostility on Sunday, telling a bipartisan "Fox News Sunday" panel ... | |
No time to panic on Obamacare Concord Monitor For a law as complicated and controversial as the Affordable Care Act, the line between sensible tinkering and panicked retreat is hard to find. After months of trying, though, the administration of President Obama seems to have crossed it. The administration ... | |
Tesla Quiet Clean Energy Guardian Express This is neither the website of, nor affiliated in any way with, Guardian News and Media. Tesla The Tesla quietly runs and helps with the clean energy race. It runs on electricity and it is good for the environment. As long as there is an electrical outlet around the ... | |
The only thing certain is death and taxes DVIDS CAMP AS SAYLIYAH, Qatar - Benjamin Franklin assured us that the only thing certain is death and taxes. As tax season approaches, there are a few things about which you need to be aware. First, a fact: the Camp As Sayliyah Tax Center will open toward the ... | |
Deutsche Bank agrees to pay $1.9bn to US FHFA Banking Business Review Deutsche Bank has reached a $1.9bn settlement with the US Federal Housing Finance Agency (FHFA), to settle the allegations that it failed to provide adequate disclosure about certain residential mortgage-backed securities sold to Fannie Mae and Freddie ... | |
Survey: Most uninsured don't understand insurance terms UPI.com WASHINGTON, Dec. 22 (UPI) -- The delay on the part of the uninsured to buy health insurance may be because 60 percent struggle with insurance concepts, a U.S. survey indicates. The Urban Institute's Health Reform Monitoring Survey, a new initiative that ... | |
4 Things You Didn't Know About General Motors' Dominance DailyFinance Today, General Motors is the largest car company in the United States. Its market cap may place second to rival Ford Motor Company , but in terms of sales, the company outpaced all of its peers with more than 9.2 million units sold globally in 2012. Here are ... | |
Saudi Arabia remains most important regulator of oil prices Arab News Ever since 2011, Brent oil has been trading at above $100 per barrel and, had it not been to Saudi Arabia's intervention to step up production, prices would have been much higher. Like any other commodity, global price of oil has witnessed many changes in ... | |
Air India to sell 7 Dreamliners to raise $840 million Daily News & Analysis National carrier Air India plans to raise up to $840 million by way of sale of its seven Boeing 787-8 Dreamliner planes, which it will then lease back, to pay off the bridge loans taken against these aircraft. A part of the proceeds will also be used for operational ... | |
Obamacare manipulates industry with threats Statesman Journal WASHINGTON — The lie of the year, according to Politifact, is "If you like your health care plan, you can keep it." But the story of the year is a nation waking up to just how radical Obamacare is — which is why it required such outright deception to get it passed ... | |
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