US, Chinese warships come dangerously close CNN (CNN) -- A U.S. Navy guided missile cruiser took evasive action to avoid colliding with a Chinese warship in the South China Sea in what sources called a highly unusual and deliberate act by China, CNN has learned. The incident last Friday, which was ... | |
Dow Jones index slightly higher after 3-day downturn Houston Chronicle A record-breaking rally in stocks paused this week as investors contemplate what's next for the market. Stocks closed slightly higher on Friday, but not enough to avoid a second losing week in a row. Indexes reached record highs as recently as Monday, but ... | |
Toyota, in settlement mode, reaches deal in W. Virginia acceleration case Los Angeles Times A day after opening talks to resolve hundreds of sudden-acceleration cases in federal and state court in California, Toyota Motor Corp. has settled a separate lawsuit, filed in West Virginia. On Friday, the Japanese automaker reached a confidential agreement ... | |
Freedom Communications plans to launch Los Angeles Register Los Angeles Times Freedom Communications Inc., the owner of the Orange County Register, is crossing the northern border once again, this time to launch the Los Angeles Register sometime next year. The media conglomerate, which earlier this year started a Long Beach ... | |
Report asserts the Vatican should police its bank better Boston Globe VATICAN CITY — The Vatican has made significant efforts to implement financial reforms complying with international transparency and antimoney-laundering standards, but the Holy See's internal watchdog agency needs to step up its controls of the ... | |
McClendon works with IPO to raise up to $2bn Financial Times A partnership linked to Aubrey McClendon, one of the pioneers of the US shale gas revolution, is seeking to raise up to $2bn from investors but warning that it involves "a high degree of risk". American Energy Capital Partners, a newly-formed firm that will be ... | |
Quinn drops appeal of lawsuit over lawmaker pay San Francisco Chronicle CHICAGO (AP) — Gov. Pat Quinn on Friday dropped his appeal of a court ruling that he didn't have the authority to halt lawmaker pay until the Legislature addressed Illinois' $100 billion pension crisis. Quinn's actions come about a week after the General ... | |
Regulators close bank in Texas Houston Chronicle WASHINGTON (AP) — Regulators have closed a small bank in Texas, bringing the number of U.S. bank failures to 24 this year. The Federal Deposit Insurance Corp. said Friday it has taken over Texas Community Bank NA, based in The Woodlands, Texas. | |
Amazon pressed on gun accessory sales, a year after Newtown Reuters BOSTON Dec 13 (Reuters) - Activist investors have asked Amazon.com Inc to review its sales of firearms accessories, concerned that the online retailer offers products that could be used to convert semi-automatic rifles into weapons that fire too rapidly to be ... | |
Las Vegas Sands Drops Giant Spanish Casino Project New York Times MADRID — Sheldon G. Adelson, the billionaire casino magnate, on Friday abandoned his plans to build a $30 billion gambling and leisure resort on the outskirts of Madrid after failing to win financial concessions and other favors from the Spanish government ... | |
Oil futures lose ground as Libyan news weighs MarketWatch HONG KONG (MarketWatch) -- Oil futures struggled to make progress on Friday as expectations of a resumption of Libyan oil exports still weighed on the market. Crude oil for January (NMN:CLF4) fell 1 cents to $97.50 a barrel in electronic trading. The drop ... | |
Anadarko's Kerr-McGee Held Liable in Tronox Spinoff Bloomberg Anadarko Petroleum Corp. (APC) and its Kerr-McGee unit acted improperly in the 2005 spinoff of Tronox Inc. and may have to pay as much as $14 billion related to environmental cleanup and health claims, a judge ruled. Anadarko plunged 9.3 percent in ... | |
US stocks fall for a third straight day Businessweek The stock market fell to its lowest level in a month Thursday as investors worried that the end may be nearing for the Federal Reserve's support for the economy. The Fed's stimulus efforts have been a key factor in the bull market that has pushed the Standard ... | |
The Coca-Cola Company Announces Coca-Cola Americas Management and ... Wall Street Journal The Coca-Cola Company today announced management and organizational changes related to Coca-Cola Americas with a purpose to accelerate growth. J. A. M. "Sandy" Douglas (Photo: Business Wire). Following the successful reorganization of the ... | |
Most Americans Don't Know Bitcoin While Some Guess Xbox Businessweek A pile of Bitcoins that were just made are arranged for a photograph in Sandy, Utah. Introduced in 2008 by a programmer or group of programmers under the name Satoshi Nakamoto, Bitcoin gained credibility after law enforcement and securities agencies ... | |
Anglo Irish liquidator sells portfolio of corporate loans Reuters DUBLIN Dec 12 (Reuters) - The liquidation vehicle for Ireland's failed Anglo Irish Bank expects to sell 84 percent of a portfolio of corporate loans at prices above independent valuations, the finance ministry said on Thursday. Ireland, due to leave its bailout this ... | |
US Import Prices Down 0.6% in November Wall Street Journal WASHINGTON–Prices of goods imported into the U.S. fell in November for the second straight month, the latest sign of falling energy prices and slow growth overseas keeping inflation subdued at home. Overall import prices fell by 0.6% from a month earlier, ... | |
Rove: O-Care rap video is 'self-glorification' of president Fox News Former Bush senior adviser: ObamaCare rap video may attempt to lure millennials, but President Obama and his Affordable Care Act still have a 'credibi... More Info; Share on Facebook; Share on Twitter; Expand Video. Date. Dec 12, 2013. Duration. 9:12. | |
Amazon said to launch Pantry to take on Costco, Sam's Detroit Free Press SAN FRANCISCO — Amazon.com is working on a new business called Pantry that will help it expand further into the giant consumer package goods market and take on warehouse club stores Costco and Wal-Mart's Sam's Club, according to three people ... | |
Nimble Storage Announces Pricing of Initial Public Offering MarketWatch SAN JOSE, Calif., Dec. 12, 2013 /PRNewswire via COMTEX/ -- Nimble Storage, Inc. (NYSE:NMBL) , a leading provider of flash-optimized hybrid storage solutions, today announced the pricing of its initial public offering of 8,000,000 shares of its common stock ... | |
Russian Regulator Shuts Three More Banks in Clean-Up Drive RIA Novosti MOSCOW, December 13 (RIA Novosti) – Russia's financial regulator revoked the banking licenses of three mid-sized banks Friday as the authorities expand a banking sector crackdown. The operations of Investbank, Russia's 84th largest bank by assets ... | |
Greek banks' ECB funding falls in November, ELA rises Reuters ATHENS Dec 12 (Reuters) - European Central Bank funding to Greek banks fell by 1.79 billion euros ($2.47 billion) in November, while emergency liquidity assistance (ELA) from the country's central bank rose by 1.47 billion euros, the Bank of Greece said on ... | |
Wall Street dips on taper uncertainty, Facebook rallies Reuters India NEW YORK (Reuters) - U.S. stocks dipped on Thursday as retail sales rose solidly in November, adding to signs the economy is strong enough for the Federal Reserve to begin reducing the pace of monetary stimulus. Profit-taking also played a part in the ... | |
Tesla Motors opens in the Fashion Mall Indianapolis Star This is the electric car manufacturer's first store in Indiana and the sixth in the Midwest. Loading… Post to Facebook. Tesla Motors opens in the Fashion Mall on IndyStar.com: http://indy.st/1byV5rQ. Incorrect please try again. Try Another. Audio Captcha. | |
Carolinas, Other States To Boeing: Oh Oh, Pick Me! WFAE In its factory in Monroe, Cyril Bath produces U-shaped parts for the Boeing 787 Dreamliner. "We've got just what you need." That's basically what Boeing is hearing this week from leaders in the Carolinas, Missouri, California and about a dozen other places. | |
Staff Changes Lead To Some Restructuring At The FHFA Mortgageorb Due to the retirement of Jeffrey Spohn, deputy director of the office of conservatorship operations for the Federal Housing Finance Agency (FHFA), next month, the FHFA will be combining two offices managing conservatorship-related matters into a new ... | |
Berkshire lawmakers seek federal help to reverse Time Warner's NECN decision Berkshire Eagle The region's legislative delegation is calling on federal lawmakers for help in their push to reverse Time Warner Cable's decision to cut New England Cable News from Berkshire County's channel lineup. In a letter to U.S. Sens. Elizabeth Warren and Edward ... | |
Asian Markets Mixed Amid US Stimulus Taper Concerns International Business Times UK Asian markets witnessed mixed trade on 13 December as speculation about the timing of the expected reduction in the US Federal Reserve's bond buying stimulus weighed on investor sentiment. Australia's S&P/ASX finished 0.71%, or 35.90 points, higher at ... | |
Three-dimensional policy drives steady growth ecns A three-dimensional policy focusing on the macro economy, micro economy and social security has led to steady growth of the Chinese economy in 2013 amid uncertain post-crisis recovery worldwide. China's macroeconomic data released this week show ... | |
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