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| Hyundai Group Units Rise on 3.3 Trillion Won Asset Sales Plan Bloomberg |
Hyundai Group, owner of South Korea's second-largest shipping company, plans to sell assets including financial units and a hotel for at least 3.3 trillion won ($3.1 billion) to boost cash. The group will sell Hyundai Securities Co. (003450) and two other ...
| Asia shares inch ahead, China money rates ease Reuters |
SYDNEY (Reuters) - Asian stocks inched cautiously higher on Monday encouraged by record highs on Wall Street, though anxiety over a credit squeeze in China has weighed on shares there while adding to pressure on emerging market currencies.
| Venezuela car owners unfazed by planned fuel hike Washington Post |
CARACAS, Venezuela — Owners of the 1970s-era gas guzzling trucks and sedans that have long reigned over Caracas' smog-filled roadways will soon have to pay a bit more to keep flaunting their energy-inefficient monsters. As an economic crisis drains ...
| Monday marks key health care deadline USA TODAY |
WASHINGTON — Monday marks the last day to sign up through the federal and state health exchanges to have insurance coverage beginning Jan. 1. And while government officials said the federal site, HealthCare.gov, can handle a last-minute rush of ...
| 5 years after coal-ash spill, little has changed USA TODAY |
HARRIMAN, Tenn. – As Tommy Charles looks out of his dining room window, it's easy to see why he and his wife moved to Lakeshore Drive here nearly 50 years ago. The Emory River widens as it passes his house. Great blue herons glide above the placid, ...
| Activist Starboard takes 5.6 percent Darden stake, plans push for change: source Reuters |
NEW YORK (Reuters) - Activist investor Starboard Value LP has taken a 5.6 percent stake in Darden Restaurants Inc (DRI.N), which it plans to disclose in a regulatory filing Monday, according to a person familiar with the situation. The purchase of the stake, ...
| Businessman, Jewish Advocate Bronfman Dies ABC News |
Edgar M. Bronfman Sr., the billionaire businessman and longtime president of the World Jewish Congress, which lobbied the Soviets to allow Jews to emigrate and helped spearhead the search for hidden Nazi loot, died Saturday. He was 84.
| Utilities work overtime to restore power to homes and businesses Detroit Free Press |
The ice storm that hit Michigan this weekend left more than 300,000 homes and businesses without power, including about 137,000 in the metro Detroit area. Crews worked overtime to restore power but thousands were expected to remain in the dark early ...
| Tiffany Ordered to Pay Swatch $449.5 Million in Damages Wall Street Journal |
Tiffany & Co. has to pay Swiss watchmaker Swatch Group AG the equivalent of $449.5 million in damages related to the two companies' failed partnership. The penalty exceeds the U.S. luxury-goods maker's annual earnings last year. In a statement Sunday, ...
| Monday deadline for ObamaCare is a milestone and marker of uncertainty Fox News |
The deadline for most Americans to have ObamaCare insurance starting January 1 is Monday, but a series of administration fixes and delays is turning the milestone into a day that for many Americans will underscore the uncertainty about the future of the law.
| Changing energy landscape may save Plymouth nuclear plant Boston Globe |
David L. Ryan/Globe Staff. The owner of the 41-year-old Pilgrim Nuclear Power Station won a 20-year license extension in 2012. PLYMOUTH — Perched on the eastern shore of this seaside community, the Pilgrim Nuclear Power Station is a sprawling ...
| The Affordable Care Act on the brink of doom Detroit Free Press |
It was clear from the outset that the quest to provide affordable health care coverage to millions of uninsured Americans would be a challenge at least as as formidable and complex as landing a man on the moon. But even by that standard — and it is ...
| Apple reaches deal to bring iPhone to China Mobile, world's biggest phone carrier The Globe and Mail |
Apple Inc. says it has reached a deal to bring the iPhone to China Mobile, the world's biggest phone carrier. The deal ends a lengthy courtship and could boost sales of the iPhone in China. The iPhone, once hugely popular in China, has been eclipsed by the ...
| Bangladesh police charge 13 over Tazreen garment factory fire in November last ... ABC Online |
Bangladesh police have laid the first charges over the nation's deadliest-ever garment factory fire 13 months ago, accusing the owners and 11 others of an offence punishable by life imprisonment. Police charged owners Delwar Hossain and his wife, along ...
| Stocks Have More Room to Run Barron's |
The bull market continues, even in the face of tapering. But can the rally continue next year? Article; Comments. Email; Print; Reprints. smaller; Larger. Sometimes an entire year can seem to play out in a day, and that day would be last Wednesday. Main Street ...
| Bernanke's rockin' New Year's tapering New York Post |
It celebrated by deciding to taper while going over the $4 trillion mark on its balance sheet. Ben Bernanke's last meeting as Fed chief saw him begin the long unwinding of his baby, quantitative easing (known as QE), by reducing his bond buying by $10 billion ...
| Colorado to increase minimum wage 9NEWS.com |
DENVER (AP) - Colorado's minimum wage will increase by 22 cents on New Year's Day to $8 an hour. Supporters say the raise will benefit 104,000 low-wage workers statewide. The minimum for tipped workers in Colorado will also rise by 22 cents, to nearly ...
| Global Markets: Wall Street rallies on GDP data; euro firm after EU downgrade GMA News |
NEW YORK - U.S. stocks jumped on Friday after the U.S. government said the economy grew at its briskest pace in nearly two years, while the euro held steady, paring early losses after Standard & Poor's stripped the European Union of its triple-A credit rating ...
| Lagarde: Timely implementation of the Cyprus adjustment program crucial for ... Famagusta Gazette |
The Managing Director of IMF Christine Lagarde has praised the Cypriot authorities for the implementation of the adjustment program, noting that fully and timely implementation as well as broad public support, is crucial to restore confidence and growth in the ...