Dec 3, 2013

Google Alert - Business News

News 38 new results for Business News
Asian shares hit by Fed taper anxiety, BOJ sounds easy Reuters
TOKYO (Reuters) - Asian shares hit the skids and the dollar stood tall on Tuesday as a batch of upbeat U.S. economic data confirmed the Federal Reserve's inexorable tilt towards reducing its stimulus soon, while the yen sank on talk of further central bank ...
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Mitsubishi chops price of electric car, adds features USA TODAY
Mitsubishi says it's slashing the price of its i-MiEV electric car $6,130 to $23,845, including shipping, before federal tax credit or other incentives, and adding more standard features. It's the latest big price slice on electrified vehicles, which haven't sold as well ...
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Volcker Rule set for vote next week Washington Post
REGULATION. Volcker Rule set. for vote next week. U.S. regulators will meet next Tuesday to adopt the final version of the Volcker Rule, banning banks from making speculative bets with their own money, the agencies said in statements Tuesday.
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Lampert Cuts Sears Stake Below 50% to Meet Redemptions Bloomberg
Money manager Edward Lampert cut his stake in Sears Holdings Corp. below 50 percent in order to pay investors who wanted to cash out of his hedge fund, according to a regulatory filing. ESL Investments Inc.'s stake in the Hoffman Estates, Illinois, ...
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Dow, S&P fall for third straight day; retail weighs Reuters
NEW YORK (Reuters) - The Dow and the S&P 500 fell for a third straight day on Tuesday, dropping from record levels in a broad decline as investors took profits amid signs of a weak holiday shopping season. Retail and consumer discretionary stocks were ...
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Hong Kong Confirms City's First Human Case of Bird Flu Bloomberg
Hong Kong reported its first case of a form of bird flu that killed 45 people in eastern China, suggesting the virus is spreading further south in poultry. A 36-year-old Indonesian domestic helper is in critical condition after being infected with the new H7N9 flu ...
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AFP
With Talisman, is Carl Icahn late to the oil patch party? The Globe and Mail
Carl Icahn's revamp of Talisman Energy Inc. may not bring much fortune. The activist has won two board seats at the Canadian energy firm. But it was already clear that the $12-billion company needed to sell assets. With BP PLC, Apache Corp. and ...
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Nonbanks servicing student loans come under agency Anchorage Daily News
Consumer Financial Protection Bureau Director Richard Cordray testifies on Capitol Hill in Washington, Tuesday Nov. 12, 2013. His agency will step up monitoring of how businesses handle student loans. JACQUELYN MARTIN — ASSOCIATED PRESS ...
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Applebee's to serve tablets at every table USA TODAY
That endless wait for the restaurant check soon may be over. Applebee's, the nation's largest casual dining chain, on Tuesday will announce plans to place tablets at every table in every one of its U.S. restaurants by the end of 2014. Folks can use the tablets ...
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Doritos Locos Tacos visionary dies at 41 Detroit Free Press
Family members of Todd Mills posted pictures of themselves with the Doritos Locos Tacos to his Facebook page. / Courtesy of Ginger Mills. USA Today. by Jolie Lee, USA TODAY Network. USA Today. by Jolie Lee, USA TODAY Network. Filed Under.
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NPR
Nikkei hits highest closing level in 6 years as yen tumbles Reuters
TOKYO, Dec 3 (Reuters) - Japan's Nikkei share average rose to its highest close in six years on Tuesday as a slide in the yen on the back of speculation of further monetary easing from the Bank of Japan triggered buying in a wide range of large cap stocks.
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AFP
Huawei reportedly decides to abandon the US market CNET
After years of being accused of cyberespionage, the telecom gear maker reportedly decides to cut its US ties. Dara Kerr. by Dara Kerr. December 2, 2013 6:31 PM PST. Follow @darakerr. Huawei's US headquarters. (Credit: Huawei). It's no secret that Chinese ...
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Insurers still reporting errors on Obamacare applications CNN
Consumers may have an easier time signing up on the federal Obamacare website, but insurers are still reporting problems with applicants' forms. The Obama administration says it fulfilled its promise to get healthcare.gov working for the vast majority of ...
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RV Industry Shows More Signs of Recovery ABC News
RV manufacturers expect to pass another milestone in their steady recovery from the recession that landed the industry in a deep ditch. Led by sales growth for towable RVs and pricier stand-alone motor homes, recreational vehicle makers expect to ship ...
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Mice drops help kill snakes Pacific Daily News
Trap: Dan Vice, a Wildlife Services biologist with the U.S. Department of Agriculture, yesterday holds one of the brown tree snake traps that can be seen along fences around Guam. Vice said this is one of a few ways federal agencies control the invasive ...
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Wall Street ends lower as mining companies slump Reuters
NEW YORK (Reuters) - U.S. stocks closed lower on Monday, with investors unable to find new reasons to keep pushing shares higher after eight straight weeks of gains, while the mining sector slid alongside sharp drops in precious metals prices. The major ...
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Underground drone economy takes flight USA TODAY
SAN FRANCISCO — Amazon.com CEO Jeff Bezos says in the future drones delivering packages will be as common as mail trucks. But for many entrepreneurs, the drone economy is already here. "There are many people out there making extraordinary ...
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NPR
Krispy Kreme Reports Financial Results For The Third Quarter Of Fiscal 2014 Wall Street Journal
WINSTON-SALEM, N.C., Dec. 2, 2013 /PRNewswire/ -- Krispy Kreme Doughnuts, Inc. (NYSE: KKD) (the "Company") today reported financial results for the third quarter of fiscal 2014, ended November 3, 2013. The Company also raised the lower end of its ...
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Brazil's Economy Probably Shrank in Q3 Amid Falling Confidence Bloomberg
Brazil's economy probably shrank in the third quarter as above-target inflation, deteriorating fiscal accounts and rising interest rates sapped confidence and crimped investment. Brazil's gross domestic product fell 0.3 percent in the third quarter, its first ...
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Asian Morning Briefing: US Stocks Retreat Wall Street Journal
Upbeat U.S. manufacturing data triggered worries about a pullback of the Federal Reserve's stimulus measures, sending stocks, Treasurys and gold to a lower finish. Oil and the dollar rose. OPENING CALL. Watch for trading in Asia to heat up Tuesday as U.S. ...
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Does Medicaid Breed Dependency? Bloomberg
The refusal of 25 states to expand their Medicaid programs is a tragedy for the 5.2 million people who won't get health coverage. It's also an excellent opportunity to test a long-held conservative view: that Medicaid and other government programs lull ...
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Bill Ackman's 'Moby-Dick' Bet Against Herbalife Bloomberg
Depending on whom you ask, Herbalife Ltd. is either a pyramid scheme that preys on the poor or the innovative manufacturer of dietary supplements favored by a former secretary of state. Bill Ackman, a member of the first camp, admitted in an interview with ...
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Ruling in Detroit bankruptcy case due Tuesday Fox News
DETROIT – A judge was expected to announce Tuesday whether Detroit can come up with a plan to get rid of $18 billion in debt in the largest public bankruptcy in U.S. history, a case that ultimately could crack a shield protecting public pensions and also put ...
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Charities hope to make 'GivingTuesday' as big as Black Friday Los Angeles Times
Thousands of the nation's charities are hoping you have a lot of money left over after the first big days of holiday shopping and have an urge to consider the needy. They are also hoping to make the second iteration of "GivingTuesday" as big an event in ...
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Ford, General Motors are Tuesday's stocks to watch MarketWatch
SAN FRANCISCO (MarketWatch) — Shares of Ford Motor Co. and General Motors Co. are expected to see active trade in Tuesday's session with major auto makers scheduled to report U.S. sales. Ford. Enlarge Image. 2014 Ford Escape. Auto sales are ...
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Blue Cross and Blue Shield of Illinois will renew existing health plans Chicago Tribune
Blue Cross and Blue Shield of Illinois will allow existing individual health insurance policies to be renewed for another year, even if they don't meet new standards set by the Affordable Care Act, the insurer said late Monday. The insurance company, the ...
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Embattled head of Cover Oregon taking leave Seattle Post Intelligencer
PORTLAND, Ore. (AP) — The embattled director of Oregon's problem-plagued health insurance exchange said Monday that he'll be taking a leave of absence for medical reasons. The board of Cover Oregon approved up to 12 weeks of medical leave for ...
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NPR
Analyst: Macy's Wins Black Friday, JC Penney Starts Strong Fox Business
Sterne Agee declared Macy's (M) the retail winner on Black Friday, as sales of cold weather apparel and discounted items fueled store traffic over the holiday weekend. Analysts at the firm also hailed J.C. Penney's (JCP) return to its old playbook as a success, ...
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Lawmakers consider tax incentives for ADM, others San Francisco Chronicle
SPRINGFIELD, Ill. (AP) — Lawmakers began considering a new set of tax incentives worth $92 million for Archer Daniels Midland Co., chemical distributor Univar and newly merged OfficeMax and Office Depot on Monday that includes a proposed satellite ...
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Trump rips AG Schneiderman for 'only' 97 scam vics New York Daily News
That all you got? Lawyers for Donald Trump have filed court papers mocking New York state Attorney General Eric Schneiderman for finding "only" 97 additional alleged Trump University victims. RELATED: MORE VICTIMS OF TRUMP SCHOOL SCAM COME ...
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NatWest in technology meltdown on 'Cyber Monday' Telegraph.co.uk
NatWest customers rushed to Twitter and other sites on Monday evening to report their debit and credit cards were being decined in shops across Britain. Other said they couldn't use the bank's website or smartphone apps, either. Reports started to emerge of ...
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U.S. stocks dip on holiday sales, U.S. jobs murkiness; Dow down 0.48% NASDAQ
Investing.com - U.S. stocks fell on Monday on concerns holiday shopping sales may disappoint, while investors also avoided equities to await the release of Friday's November jobs report. At the close of U.S. trading, the Dow Jones Industrial Average finished ...
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Silvio Calabi: 2014 Cherokee goes where no Jeep has Wicked Local
The red tow hooks—there's another one at the rear—are for yanking others out of trouble. The 5-passenger Jeep Cherokee Trailhawk's off-road chops are stellar. 2014-jeep-cherokee-trailhawk.jpg · 2014-jeep-cherokee-limited.jpg · jeep-selec-terrain.jpg ...
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Wall Street down on Fed tapering fears; 3M sinks on downgrade Proactive Investors USA & Canada
In commodities, after the manufacturing reports stoked bets that the Fed could soon be ready to slow the pace of its stimulus, February gold declined 2.3% to finish at $1,221.90 an ounce on the Comex division of the New York Mercantile Exchange.
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Wall Street cautious on Cyber Monday ahead of data Proactive Investors USA & Canada
The big event this week is the monthly nonfarm payrolls report due on Friday, which investors will be parsing closely for any indication as to when tapering will start. U.S. stock futures were trading about flat on Monday morning as traders returned from the ...
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Bill Watkins named CEO of energy storage startup Imergy Power Systems Tri-Valley Herald
FREMONT -- Bill Watkins made a name for himself in Silicon Valley as the CEO of hard-drive maker Seagate and then LED startup Bridgelux. Now he has a new gig: as chief executive of energy storage startup Imergy Power Systems, formerly known as ...
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Bartenders still waiting on $10000 tip left by mystery men WNDU-TV
South Bend, Ind. A group of mystery men left the tip of a lifetime while visiting a Notre Dame bar in October. They stopped by Legends of Notre Dame twice on Oct. 19 – before and after the USC game. Both times, the men bought a few drinks. And, each time ...
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NPR
The Good, Bad, and Ugly of Proposed IRS "Dark Money" Regulations The Nonprofit Quarterly
How invested are America's nonprofits in the task of cleaning American politics of the pernicious effects of secret money and, alternatively, in the protection of the nonprofit sector's role in mobilizing the electorate to register and vote? These two very different ...
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