Dec 7, 2013

Google Alert - Business News

News 14 new results for Business News
Bank tabulated business linked to China hiring CNBC.com
Federal authorities have obtained confidential documents that shed new light on JPMorgan Chase's decision to hire the children of China's ruling elite, securing emails that show how the bank linked one prominent hire to "existing and potential business ...
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Ex-SAC Trader Seeks to Use Cohen Testimony New York Times
Steven A. Cohen is not likely to testify at the insider trading trial of Mathew Martoma, a former trader at SAC Capital Advisors, but Mr. Martoma wants to use some of the testimony that the hedge fund's owner gave in a related investigation. Mr. Martoma is ...
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5 trends beneath the surface in Nov. jobs report San Francisco Chronicle
WASHINGTON (AP) — As the U.S. job market improves, it's also evolving, with winners and losers. Warehouses and trucking companies are doing more holiday hiring than the stores they're working for. Factory workers are getting more overtime, while pay is ...
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Craze for coveted craft brews creates booming black market Pittsburgh Post Gazette
MONTPELIER, Vt. -- Fancy a pint of Pliny the Elder or Heady Topper double India pale ales, but can't find it in your neighborhood? Get out your wallet. As craft brews gain an intense following, a black market bloomed in which opportunists sell for hundreds of ...
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AT&T says it doesn't have to disclose NSA dealings Washington Post
SAN JOSE, Calif. — AT&T, under fire for ongoing revelations that it shares and sells customers' communications records to the National Security Agency and other U.S. intelligence offices, says it isn't required to disclose to shareholders what it does with ...
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Secret New UAS Shows Stealth, Efficiency Advances Aviation Week
A large, classified unmanned aircraft developed by Northrop Grumman is now flying—and it demonstrates a major advance in combining stealth and aerodynamic efficiency. Defense and intelligence officials say the secret unmanned aerial system (UAS), ...
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CMS gives early numbers on health file errors Politico
The agency in charge of HealthCare.gov estimates that errors affect 10 percent of the enrollee files that it is supposed to send to insurers to confirm coverage. CMS spokeswoman Julie Bataille said Friday that the current error rate marks a substantial ...
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US unemployment rate drops to 7%, lowest since 2008 Los Angeles Times
WASHINGTON — A surprisingly robust gain in new jobs last month helped drop the unemployment rate to a five-year low, fueling optimism about the nation's economic recovery and raising the prospect that the government may finally start to ease a key ...
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Gensler Said to Win Volcker Rule Restrictions on Foreign Banks Businessweek
Commodity Futures Trading Commission chief Gary Gensler has persuaded U.S. regulators to insert new language into the Volcker rule clarifying its impact on foreign banks, according to people briefed on the change. The revision, which applies to the rule's ...
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UPDATE 4-Mexico nears energy bill, oil to remain in state hands Reuters
By Dave Graham and Ana Isabel Martinez. MEXICO CITY Dec 6 (Reuters) - Mexican senators on Friday neared agreement on a bill that would allow private investors to drill for oil and market the country's black gold, but keep ownership of the crude in state ...
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Rebecca Pearce, director of Maryland's ailing health insurance exchange, resigns Washington Post
The Maryland official who directly oversaw the rollout of Maryland's health insurance exchange resigned Friday amid continuing technical problems that have hampered the state's online enrollment efforts. After an emergency session Friday night, the board of ...
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Mega Millions jackpot climbs to $344 million for next week Reuters
(Reuters) - The Mega Millions jackpot rose to an estimated $344 million for next week's drawing after no one won the top prize of $297 million on Friday evening, lottery organizers said. The next drawing is slated for December 10 at 11 p.m. E.T. (0400 GMT ...
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Diplomats confirm WTO agrees to global trade deal Chicago Tribune
JAKARTA (Reuters) - The World Trade Organization agreed to its first ever worldwide trade reform on Saturday after Cuba dropped a threat to veto the package of measures, diplomats said. The agreement at talks on the Indonesian island of Bali marks the ...
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Pimco's Gross: Job Gains Mean 50 Percent Odds of December Fed Taper Moneynews
Bill Gross, manager of the world's biggest bond fund, said the pace of payroll growth in November signals there a 50 percent chance the Federal Reserve will begin tapering its monthly bond purchases this month. "It's at least 50-50 now," Pacific Investment ...
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