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| Lack of customers dooms many Cuban businesses Washington Post |
HAVANA — The dented metal pizza trays are packed away, so too the old blender that never worked when it was needed. Gone is the sweet smell of rising dough that infused Julio Cesar Hidalgo's Havana apartment when he and his girlfriend were in ...
| Where the Super Rich Go to Avoid Estate Taxes Bloomberg |
| India gold tax hits bridal budgets; smuggling up Businessweek |
MUMBAI, India (AP) — With India's wedding season in full swing, the glass sales counters in Mumbai's famed Zhaveri gold bazaars are crowded with customers eyeing elaborate headpieces, nose rings and necklaces. No one does jewelry quite like an Indian ...
| Utility Linemen Brave Cold, Ice to Restore Power ABC News |
When an ice storm glazed over Michigan last weekend, Tony Carone feared he wouldn't be spending Christmas at home with his family. "Nobody had to call. I heard it on the top of my roof," Carone said. The 52-year-old lineman for Detroit-based DTE Energy ...
| Japan moves close to beating 15 years of falling prices BBC News |
Japanese consumer prices have risen at the fastest pace in five years, showing government policies to end more than a decade of deflation are taking effect. Core inflation excluding food rose 1.2% in November from the previous year, surpassing market ...
| Apple CEO's compensation rises slightly to $4.3M USA TODAY |
CUPERTINO, Calif. (AP) — Apple CEO Timothy Cook received a compensation package valued at nearly $4.3 million this year, up slightly from 2012. Cook's pay for fiscal 2013, which ended in September, consisted of $1.4 million in salary and a bonus of ...
| Krafcik Abruptly Exits Hyundai; Sales Chief Zuchowski Succeeds Forbes |
Hyundai jarred the automotive world today with the announcement that Hyundai Motor Hyundai Motor America CEO John Krafcik is stepping down next week, to be replaced by David Zuchowski, the chief sales executive of the U.S. arm of the Korean ...
| December is hot, hot, hot for auto sales as dealers sweeten their deals Detroit Free Press |
For both auto dealerships and car shoppers, December can be one of the best times of the year to get a good deal. Just about every automaker has a special year-end sales event, and most will use it as they try to boost December's sales tally. Chrysler is ...
| UPDATE 1-European Factors to Watch-European shares seen higher at open Reuters |
LONDON Dec 27 (Reuters) - European equity futures rose on Friday, buoyed by gains in Asia and a record closing high on U.S. stock markets. The euro zone's blue-chip Euro STOXX 50 futures contract rose by 1 percent by 0735 GMT. Germany's DAX futures ...
| Japan Wages Pressured by Fastest Inflation Since 2008 Bloomberg |
Mount Fuji and buildings in the Shinjuku district are reflected on a table at an... Read More. Mount Fuji and buildings in the Shinjuku district are reflected on a table at an observation deck in Tokyo. Close. Close. Open. Photographer: Kiyoshi Ota/Bloomberg.
| Boeing 777X Exit Threat Leaves Washington Facing Bond-Rating Cut Bloomberg |
Washington faces a credit downgrade, higher borrowing costs and the loss of jobs and tax revenue should Boeing Co. (BA) decide to move production of its new 777X jetliner to another state. California and Missouri are among the contenders that submitted ...
| Morgantown Mall Expects Big Crowds During Holiday Weekend WBOY-TV |
Morgantown Mall Manager said that After Christmas Sales are a factor in bringing in larger crowds. Local NewsMore>> · Morgantown Mall Expects Big Crowds During Holiday Weekend · Morgantown Mall Expects Big Crowds During Holiday Weekend.
| Twitter Rally Picks Up Steam Wall Street Journal |
Twitter Inc. TWTR +4.79% Twitter Inc. U.S.: NYSE $73.31 +3.35 +4.79% Dec. 26, 2013 4:00 pm Volume (Delayed 15m) : 82.48M AFTER HOURS $73.25 -0.06 -0.08% Dec. 26, 2013 7:59 pm Volume (Delayed 15m): 265,034 P/E Ratio N/A Market Cap $40.70 ...
| Turkish PM struggles to contain corruption probe NTV |
Forced to fire three of his ministers - one of whom immediately implicated the prime minister in the scandal - and struggling to contain the scope of the investigation, Erdogan seems unlikely to come out of the crisis unscathed. But many observers say it's too ...
| Fellow Conservatives Overreact to Pope on Economy, Novak Says Bloomberg |
The pope is viewed favorably by 69 percent of Americans, including 92 percent of Catholics, according to a Dec. 4-8 ABC News/Washington Post poll. Close. Close. Open. Photographer: Gregorio Borgia/AP Images. The pope is viewed favorably by 69 percent ...
| Realistic Financial Resolutions for 2014 Wall Street Journal |
Making financial resolutions for the new year is easy—sticking to them is an entirely different story. With this in mind, we posed the following question to The Experts: What's one realistic financial resolution people can make? This discussion relates to the ...
| Reversal on ACA cancellations gets mixed response Washington Post |
RALEIGH, N.C. — A month after President Barack Obama announced people could keep insurance policies slated for cancellation under the federal health overhaul, the reversal has gotten a mixed response from insurers, state regulators and consumers.
| Godiva Owner to Buy DeMet's Candy Wall Street Journal |
The Turkish owner of Godiva chocolates is bulking up in the confection business with a deal to acquire DeMet's Candy Co., the U.S. maker of Flipz chocolate pretzels and Turtles covered nut clusters. Yildiz Holding AS has agreed to pay $221 million for ...
| Turkish Lira Plunges on Political Turmoil Wall Street Journal |
Turkey's currency sank to fresh lows Thursday after Prime Minister Recep Tayyip Erdogan replaced nearly half his cabinet under mounting pressure from a corruption probe that prompted three ministers to resign. Mr. Erdogan changed 10 of the 26 ministers ...
| Stocks: The gifts keep coming CNN |
Christmas may be over, but it seems Santa is still delivering good news for investors. The Dow Jones industrial average closed at a record high for the 50th time this year. The S&P 500 also ended at a record high and the Nasdaq marked a new 13-year high.
| Welcome To Colorado, Where Marijuana Tourism Is Going To Be Sticky Forbes |
"Colorado will be leaving prohibition behind in the new year," Mason Tvert, director of communications for the Marijuana Policy Project, told CNN the other day. 2014 is the year pot officially comes out of the smoky shadow and the Internet is burning up with ...
| Signs Point to Year of the Dollar's Ascent Wall Street Journal |
When the Federal Reserve said it would begin scaling back its easy-money policies next month, it answered currency investors' biggest question of 2013. Now that the Fed has reduced uncertainty in foreign-exchange markets, some investors are betting on a ...
| Heard it on the Street: Red Lobster chain to be sold, not closed Kankakee Daily Journal |
A spokeswoman for Darden Restaurants, the Orlando, Fla. company that owns the Red Lobster chain, said Thursday that the rumors were false. But in a statement released last week, the company did say it plans to sell or "spin off" its 705 Red Lobster ...
| Volcker Rule Ripple Effect Could Be Bigger Than You Think ValueWalk |
Stephen Hoopes of IBISWorld points out that in addition to eliminating bank prop trading, the Volcker Rule prevents banks from maintaining or taking ownership stakes in private equity and hedge funds.
| Nasdaq to compensate firms for botched Facebook IPO The Globe and Mail |
Nasdaq OMX Group Inc. will compensate firms on Dec. 31 for qualifying claims related to Facebook Inc.'s botched May, 2012, initial public offering, the exchange operator said in a note to traders on Friday. Nasdaq said previously that it would pay up to ...
| Anger builds over credit card data breach at Target Minneapolis Star Tribune |
Hacker attacks could increase until 2015, when the United States shifts from magnetic stripe technology to EMV smart cards. hide. Logo on the Richfield Super Target. Photo: Glenn Stubbe, Star Tribune. Camera Star Tribune photo galleries. Camera ...
| Stocks up on job market news; Bond yields rise New Jersey Herald |
NEW YORK (AP) - The stock market continued its upward climb Thursday as traders went back to work after the Christmas holiday, adding to what has already been a historic year for the market. Traders were encouraged by an unexpectedly large drop in ...
| Cathay Pacific Airways Orders 21 777-9Xs Aerospace Manufacturing and Design |
Boeing and Cathay Pacific officials announced on Dec. 20, 2013 the airline's decision to become Asia's first 777X customer with an order for 21 777-9X airplanes, as part of Cathay's future long-haul fleet strategy. The order is valued at more than $7 billion at ...
| Unemployment Insurance Weekly Claims Report for Week Ending Decembr 21 ... eNews Park Forest |
In the week ending December 21, the advance figure for seasonally adjusted initial claims was 338,000, a decrease of 42,000 from the previous week's revised figure of 380,000. The 4-week moving average was 348,000, an increase of 4,250 from the ...
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