Brazil Snubs Boeing in Jet Deal New York Times SÃO PAULO, Brazil — In a disappointment for Boeing, Brazilian defense officials said on Wednesday that they had picked the aircraft maker Saab for a $4.5 billion contract to build 36 fighter jets over the next 10 years. | |
Graham Mackay, Who Built Beer Empire, Dies at 64 New York Times Graham Mackay, who anticipated the global consolidation of the beer industry and helped transform his South African brewing company into SABMiller, the world's second-largest behind Anheuser-Busch InBev, died on Wednesday in Hampshire, England. | |
Applying Creativity to a Byproduct of Oil Drilling in North Dakota New York Times WATFORD CITY, N.D. — Viewed from outer space, the 1,500 blazing oil well flares burning off excess natural gas illuminate the plains of western North Dakota more brilliantly than Minneapolis hundreds of miles away. Enlarge This Image ... | |
Asian Stocks Rise After Federal Reserve Begins Tapering Stimulus Businessweek Asian stocks rose after the Federal Reserve expressed enough confidence in the U.S. labor market to taper asset purchases while still promising to hold interest rates close to zero. The MSCI Asia Pacific Index advanced 0.3 percent to 138.73 as of 9:04 a.m. in ... | |
Venezuela Weighs Plan to Raise Gas Prices Wall Street Journal CARACAS—Venezuelan President Nicolás Maduro said on Wednesday that his administration is evaluating a controversial plan to raise domestic gasoline prices over the next three years. The nation has some of the world's least-expensive fuel—just ... | |
Yellen's To-Do List Shortens Wall Street Journal The Federal Reserve's decision Wednesday to begin reducing its signature bond-buying program removes one big item on Janet Yellen's to-do list when she likely takes the reins in February, but she is still inheriting a job with numerous challenges. | |
Target Hit by Credit-Card Breach Wall Street Journal Target Corp. was hit by an extensive theft of its customers' credit-card and debit-card data over the busy Black Friday weekend, people familiar with the matter said, in what appears to be a brazen breach of a major retailer's information security. The theft was ... | |
Goldman-funded plan serves 1500 jailed NYC teens Washington Post NEW YORK — A Goldman Sachs-funded effort to reduce recidivism among New York City teens has served about 1,500 jailed young people in its first year. Nonprofit research group MDRC released its review of the nation's first-ever social impact bond ... | |
China Bitcoin Exchange Ends Third-Party Yuan Cooperation Wall Street Journal SHANGHAI—The world's largest bitcoin exchange has stopped accepting deposits in Chinese yuan because of worries the government will prevent third-party payment services working with bitcoin exchanges. Shanghai-based BTC China "has no choice but ... | |
FOREX-Dollar vaults to more than 5-yr peak vs yen, Fed cuts stimulus Reuters TOKYO Dec 19 (Reuters) - The dollar was hoisted to a more than five-year high against the yen on Thursday after the Federal Reserve started to dial back its massive bond-buying stimulus, giving markets a strong signal that the U.S. economy was growing at ... | |
Europe moves to banking union with blueprint for failing lenders Reuters BRUSSELS (Reuters) - The European Union agreed on Thursday a blueprint to close failing banks but stopped short of a more ambitious plan for the euro zone to unite in tackling its troubled lenders. More than five years since a financial crisis struck, Europe ... | |
Pizzerias Try to Apply the Chipotle Formula Wall Street Journal Chipotle Mexican Grill Inc. CMG -0.53% Chipotle Mexican Grill Inc. U.S.: NYSE $512.64 -2.74 -0.53% Dec. 17, 2013 4:00 pm Volume (Delayed 15m) : 292,105 P/E Ratio 51.42 Market Cap $15.95 Billion Dividend Yield N/A Rev. per Employee $82,273 ... | |
JP Morgan Chase Sues FDIC Over Washington Mutual Claims Wall Street Journal The lawsuit, filed in a U.S. District Court in Washington, D.C., sets up a battle between the largest U.S. bank and a key U.S. regulator over what exactly was included in J.P. Morgan's frantic purchase of Washington Mutual banking operations on Sept. 25, 2008. | |
Fed decision on pace of bond purchases is awaited Businessweek WASHINGTON (AP) — Investors are waiting to see whether one of Ben Bernanke's final acts as chairman of the Federal Reserve will be to announce a pullback in the Fed's bond purchases. The purchases have been intended to keep long-term loan rates low ... | |
(Almost) Everyone Loses Wall Street Journal Obamacare has lost the uninsured. A Wall Street Journal/NBC News poll released this week asked uninsured individuals whether or not they thought the law was a good idea. Just 24 percent said they thought it was. In contrast, half the uninsured polled said ... | |
How markets may react to the Fed's next move Reuters NEW YORK (Reuters) - Reactions in financial markets to any step the Federal Reserve may take on Wednesday to start reducing its massive stimulus program will likely be less dramatic than market convulsions seen when the prospect of a so-called taper ... | |
GLOBAL MARKETS-Stocks, dollar dip as Fed policy-makers meet Reuters ... slideshows. * Federal Reserve starts meeting, eyes on possible tapering signal * U.S., European shares back off Monday's gains, bonds steady * Euro gains vs dollar after boost on upbeat German data * Bond yields slip; gold, oil fall after recent push By ... | |
US STOCKS-Wall St ends slightly lower on day before Fed statement Reuters ... Print. * Investors looking for clarity on stimulus from Fed meeting. * U.S. budget deal clears crucial vote in U.S. Senate. * KFN shares rally after KKR plans to pay $2.6 billion for firm. * Dow off 0.1 pct, S&P 500 down 0.3 pct, Nasdaq off 0.1 pct. By Ryan ... | |
Homebuilder Sentiment in U.S. Matches Highest Level Since 2005 Bloomberg A worker drills the ceiling of a modular home unit at the Westchester Modular Homes... Read More. A worker drills the ceiling of a modular home unit at the Westchester Modular Homes factory in Wingdale, New York. Close. Close. Open. Photographer: Ron ... | |
US STOCKS-Wall Street slips on Fed caution, volatility rises Reuters ... Stocks. * CBOE Volatility index rises to highest level since mid-Oct. * U.S. budget deal clears crucial vote in Senate. * KFN shares rise after KKR plan to pay $2.6 billion for firm. * Indexes down: Dow 0.2 pct, S&P 0.4 pct, Nasdaq 0.2 pct. By Angela Moon. | |
Sterling to go plastic, Bank of England decides The Guardian The Bank of England will announce plans on Wednesday to press ahead with switching to plastic banknotes, starting with the new Sir Winston Churchill £5 note in 2016. The decision on polymer notes will mark the beginning of the end for 320 years of paper ... | |
The One Thing Bernanke Must Not Do Tomorrow Bloomberg Maybe this is what Ben Bernanke should do when asked if the Fed plans to scale back its... Read More. Maybe this is what Ben Bernanke should do when asked if the Fed plans to scale back its bond purchases anytime soon. Close. Close. Open. | |
FedEx's Shares May Have Reached Altitude Wall Street Journal FedEx Corp. has moved from naughty to nice at more than a few brokerages in the past few months. Facing tepid growth in what was once its most profitable business, international express delivery, it has taken a scalpel to costs and made rapid progress. | |
Live: Devyani case was 'immigration conspiracy', says Khurshid Firstpost Khurshid has also said that the entire situation is a conspiracy, and that there is a long history to the incident. He says that the domestic maid at the centre of the entire controversy went 'missing' and the entire incident was part of a conspiracy that would allow ... | |
30-Year Mortgage Rate Up Slightly in Latest Week -- Zillow Wall Street Journal Real-estate website Zillow Inc. (Z) said its real-time rate on 30-year fixed-rate mortgages edged up in the latest week on positive U.S. economic data, rising for the fourth straight week. The 30-year fixed-mortgage rate on Zillow's Mortgage Marketplace, which ... | |
Business Live: UK unemployment due BBC News The Bank of England has also announced its new process for choosing the people who appear on banknotes. In future it will announce a theme - such as scientific achievement - and then have a two month nomination period. Then the advisory committee, ... | |
Europe's Morning MoneyBeat: All Eyes on the Fed Wall Street Journal It's finally arrived, the last meeting of the Federal Reserve's Open Market Committee this year. Most of the world's investment community have become fixated upon this get-together given the prospect of the FOMC opting to taper its bond-buying program at the ... | |
Housing starts surge in November -- sign of housing pickup? Los Angeles Times Housing starts in November surged nearly 23% from the previous month, signaling an end-of-the-year pickup in the housing market, the U.S. Commerce Department reported Wednesday. The number of homes builders started last month reached a ... | |
Ford Shares Up on 2014 Plans, New Tech Zacks.com This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339. Share price of Ford Motor Co. (F - Analyst Report) ... | |
Sirius XM Holdings, Delta Air Lines Slump Ahead of Fed Statement DailyFinance Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing thesis. Wall Street expressed its ecstatic anticipation over this week's Federal Open ... | |
Oracle Corporation (ORCL): Earnings Preview: Oracle Q2 2014 Seeking Alpha Oracle (ORCL) is scheduled to report 2Q 2014 earnings after the close of trading on Wednesday, December 18. The software giant is expected to report its earnings right at the closing bell and host a conference call at 5:00 p.m. EST. Look for a possible ... | |
IRS Issues ACA Tax Credit Guidance For Small-Biz Owners Law360 (subscription) Law360, New York (December 17, 2013, 5:56 PM ET) -- Small-business owners in some Washington and Wisconsin counties will still be eligible for a health insurance tax credit even though their counties don't offer employee health plans in their Affordable ... | |
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