Child of GM prepares to lead it Houston Chronicle DETROIT (AP) — When Mary Barra was born in 1962, General Motors was selling half the cars on U.S. roads. In her booming middle-class suburb north of Detroit, the woman who will soon become GM's CEO remembers pining as a 10-year-old for her ... | |
Price of stamps to go up 3 cents CNN The price of a stamp is about to go up -- and more so than expected. A panel overseeing the U.S. Postal Service approved a three-cent hike from the current price of 46 cents. It will take effect on January 26. That includes a one-cent increase -- to keep pace ... | |
Housing sales rise to highest level since 2008 Washington Post Pent-up demand for housing continues to lift new-home sales figures to their highest levels since 2008, according to new monthly figures released Tuesday by the Commerce Department. New-home sales in November hit an annualized rate of 464,000, which ... | |
BlackBerry Co-Founder Lazardis Cut Stake to Under 5% Wall Street Journal TORONTO—BlackBerry Ltd. co-founder Michael Lazaridis disclosed in a regulatory filing Tuesday he cut his combined stake in the smartphone maker by almost half to just under 5%, and indicated he doesn't plan to pursue a joint bid to acquire the company ... | |
Target says Justice Department investigating credit and debit card security ... Fox News Target Corp. said Monday that the Department of Justice is now investigating the retailer's credit and debit card security breach, as federal lawsuits are starting to trickle in from customers around the country. The investigation comes after Target revealed last ... | |
Microsoft co-founder Paul Allen sells private island for $8 million Chicago Tribune OLYMPIA, Washington (Reuters) - Microsoft co-founder Paul Allen has sold a private island in northwestern Washington state to undisclosed buyers for $8 million, his real estate agent said on Monday. The 292-acre (118 hectare) Allan Island - not named for ... | |
Target says scammers are preying off data breach [Pioneer Press, St. Paul, Minn ... Businessweek Dec. 24--Target is warning shoppers to beware of phony consumer-protection emails and text messages, sent by thieves trying to trick consumers into revealing Social Security or account numbers. As Christmas Day neared, Target was still coping with ... | |
This Drug Company CEO Just Named Her New Drug After Herself Forbes Drug names are usually terrible. What I've heard from industry insiders is that their first and most mellifluous choices usually get rejected by the Food and Drug Administration, forcing them to go to their second- or third-favorite choices in order to launch their ... | |
American Express to pay $75 million in deceptive practices case Los Angeles Times Three American Express Co. subsidiaries have agreed to pay about $75 million in restitution and penalties for a variety of illegal practices involving hundreds of thousands of credit-card customers, regulators said Tuesday. American Express Travel Related ... | |
Last-minute surge of health law sign-ups Los Angeles Times After months of technical glitches and political tumult, a burst of last-minute insurance shoppers illustrated the growing appetite for Obamacare and the enormous challenges ahead in making the massive healthcare expansion work. On Monday, the crush of ... | |
U.S. Stocks Extend Records on Apple Deal, IMF Outlook Bloomberg U.S. stocks rose, with benchmark indexes extending all-time highs, as Apple Inc. rallied and the International Monetary Fund indicated it would raise its outlook for the economy. Apple jumped 3.8 percent after the company struck a deal to sell its iPhones ... | |
The Snarf's at 600 W. Chicago just laid off all its employees via email Grid Chicago The layoffs come three weeks after some of the sub shop's employees protested for better wages and benefits. BY MEG GRAHAM. snarf. A River North sandwich shop gave its employees an unwelcome Christmas surprise on Sunday night, firing them all by ... | |
$40 Million in Aid Set for Bangladesh Garment Workers New York Times Eight months after the Rana Plaza factory building collapsed in Bangladesh, killing more than 1,100 workers and leaving hundreds of families bereft and financially adrift, several prominent retailers and labor groups have joined with the Bangladesh ... | |
Airlines Say 'Happy New Year' With New Fees Businessweek Airlines are ringing in the new year with a cherished ritual: new and higher fees. Virgin Atlantic will assess a £25 ($41) fee each way on long-haul flights for coach-class passengers who wish to select a seat more than 24 hours before departure. The dun ... | |
LME to go ahead with warehousing changes, contest Rusal challenge Reuters SINGAPORE Dec 24 (Reuters) - The London Metal Exchange said on Tuesday it will go ahead with planned changes to its warehousing policy aimed at addressing massive queues for metal despite top aluminium producer Rusal challenging the proposal. | |
Occidental in $26 mln settlement with former chairman Irani Reuters Dec 23 (Reuters) - Occidental Petroleum Corp reached a $26 million settlement with its former chairman, Ray Irani, adding to the executive's billion-dollar haul over more than two decades. Following Irani's ouster as chairman by shareholders in May, ... | |
Power out for 280000 in Michigan; some could continue through Christmas Detroit Free Press About 81,000 metro Detroit electric customers -- along with an additional 201,000 customers throughout Michigan's lower peninsula -- remained without power today after an ice storm blasted through the region over the weekend. Some customers could be ... | |
Banks, City of Detroit in mediation with judge over swaps settlement Detroit Free Press Detroit emergency manager Kevyn Orr and a swarm of lawyers spent Monday negotiating new terms more favorable to the city to settle a disastrous Kwame Kilpatrick-era debt deal that cost the city potentially hundreds of millions of dollars. But lawyers and ... | |
US Stocks Edge Higher Ahead of Christmas Holiday ABC News An unexpectedly large increase in orders for manufactured goods helped push stock prices higher on Wall Street. The market was open for just half a day ahead of the Christmas holiday. Trading will remain closed on Wednesday. The Dow Jones industrial ... | |
Lenders get Supersize Appetite for Jumbo Loans Fox Business Homebuyers and refinancers in pricier areas are finding attractive interest rates and less stringent requirements to qualify for jumbo mortgages, thanks to lenders' growing appetite for large loans. Compare Mortgage Rates in Your Area. As the housing market ... | |
Reuters: Source says Target hackers stole encrypted PINs; Target denies Pioneer Press Reuters reported Tuesday that Target customers' personal identification numbers, or PINs, were compromised in the credit- and debit-card breach that may have affected up to 40 million shopper accounts, citing a source identified as a "senior payments ... | |
Stocks close at record highs in pre-Christmas surge NBCNews.com Stocks climbed on Monday, with the Dow industrials and S&P 500 again closing at records, as Apple and Facebook led a rally in the technology sector and after data showed consumer sentiment at a five-month high and spending up in November. The Dow ... | |
UPS working around the clock to clear ice storm backlog KHOU Few things are more frustrating than getting the runaround from a large company. Add the final few hours before Christmas to the mix and it's more than frustration — people are downright mad. "It's lost in their building somewhere," said Mark Przybyla, ... | |
Investor's Alert - Facebook Inc (NASDAQ:FB), Twitter Inc (TWTR), Zynga Inc ... eFinance Hub Facebook Inc (NASDAQ:FB) in its first stock offering since going public last year, said the company and stakeholders are selling $3.85 billion worth of shares. Facebook Inc (NASDAQ:FB) priced 70 million shares at $55.05 apiece, according to a company's ... | |
Cracker Barrel Old Country Store Downgraded to Neutral at Ned Davis ... WKRB News Cracker Barrel Old Country Store Inc. logo Cracker Barrel Old Country Store (NASDAQ:CBRL) was downgraded by investment analysts at Ned Davis Research from a "buy" rating to a "neutral" rating in a note issued to investors on Monday, AnalystRatings. | |
Target customers should be on alert for email scam, too ABQ Journal As if Target customers didn't have enough to worry about these days, there are reports circulating that scammers are trying to piggyback on their misfortune for their own personal gain. target The Wall Street Journal is reporting that many customers received ... | |
Greenpeace Sea Captain from Isleboro to Leave Russia Soon WABI A Greenpeace sea captain from Islesboro, who was among 30 people arrested in Russia, will be allowed to return home soon, but not in time for Christmas. Peter Willcox and the others aboard the Arctic Sunrise were granted amnesty by the Russian ... | |
Target's headaches far from over as consumer perception plunges to 2007 level MarketWatch (blog) As Target Corp. /quotes/zigman/253872/delayed /quotes/nls/tgt TGT scrambles to salvage the damage from its credit-and-debit-card security breach, consumers' perception of the company has plunged to a six-year low. Industry analysts say it could take ... | |
Mortgage outlook 2014 Crain's New York Business (blog) The hefty price of real estate assets might continue to be a problem in hot markets like New York City, but with increased options and more lenders competing for their business, home buyers should have the advantage in 2014. Trends to watch for include ... | |
Durable Goods and Home Sales On Tap -- Data Week Ahead Update 4-traders (press release) A few more reports are scheduled for release before Santa comes down the chimney and U.S. financial markets close to observe the Christmas holiday. On Christmas Eve day, the Commerce Department will report durable goods orders. The median forecast ... | |
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