Jan 5, 2014

Google Alert - Business

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JPMorgan nears $2 billion settlement in a case tied to Madoff: Reports Economic Times
JPMorgan will pay more than $1 billion to the prosecutors in Manhattan and the remainder to the Office of the Comptroller of the Currency (OCC) and a unit of the Treasury Department investigating breakdowns in the bank's safeguards against money ...
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Asian shares tumble to two-week low on China services PMI Reuters
TOKYO (Reuters) - Asian shares fell to a two-week low on Monday after growth in China's services sector slowed sharply last month, raising concerns about the pace of recovery in the world's second-largest economy, while safe-haven gold climbed.
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Profitable Learning Curve for Facebook CEO Mark Zuckerberg Wall Street Journal
MENLO PARK, Calif.— Mark Zuckerberg needed help. Facebook Inc. FB -0.28% Facebook Inc. Cl A U.S.: Nasdaq $54.56 -0.15 -0.28% Jan. 3, 2014 4:00 pm Volume (Delayed 15m) : 38.16M AFTER HOURS $54.50 -0.06 -0.10% Jan. 3, 2014 7:59 pm Volume ...
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Dudley: Unclear exactly how Fed bond buying works MarketWatch
PHILADELPHIA--Federal Reserve Bank of New York President William Dudley said Saturday some key aspects of how the central bank's bond-buying stimulus effort works remain mysterious. For over a year, the Fed has been engaged in purchasing ...
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Complaints surface over pollution from oil and gas drilling Washington Post
Oil, gas drilling complaints surface. In at least four states that have nurtured the nation's energy boom, hundreds of complaints have been made about well-water contamination from oil or gas drilling, and pollution was confirmed in a number of them, according ...
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Priciest tuna cost down despite shrinking stocks Washington Post
TOKYO — Sushi chain operator Kiyoshi Kimura netted a real bargain on Sunday, taking home a 507 pound (230 kilogram) bluefin tuna for a mere 7.36 million yen (about $70,000), a fraction of the price he paid last year at the year's first auction at the Tsukiji ...
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HTC Posts Second Operating Loss as Sales Continue to Slump Businessweek
HTC Corp. (2498) posted its second consecutive quarterly operating loss as a continued decline in sales dragged down earnings at the Taiwanese smartphone maker. Fourth-quarter operating loss was NT$1.56 billion ($52 million), the Taoyuan, ...
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Global tech spending seen slipping 1 pct in 2014 Washington Post
LAS VEGAS — The Consumer Electronics Association estimates that global spending on technology will slip 1 percent this year to $1.06 trillion as the lower average selling price of smartphones and tablets offsets unit growth in markets like China.
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Burst pipe causes damage at UConn Health Center Boston.com
FARMINGTON, Conn. (AP) — Officials at the University of Connecticut Health Center in Farmington are assessing damage caused by a burst sprinkler pipe. Officials say a sprinkler pipe on the main floor burst at about noon Saturday and sent some water into ...
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Dollar edges up after Bernanke's optimism on US economy Reuters
TOKYO (Reuters) - The dollar held steady in early Asian trading on Monday, supported by an upbeat outlook on the U.S. economy by outgoing Federal Reserve Chairman Ben Bernanke that fanned expectations of more stimulus reduction from the U.S. central ...
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Covered California extends deadline to pay health insurance premiums to Jan. 15 San Jose Mercury News
Californians scrambling to pay their first month's health insurance premium, originally due Monday, now have until Jan. 15 to do so, according to the state's health insurance exchange. Covered California announced the reprieve late Saturday, saying its 11 ...
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Liberty Media unveils Sirius plan MarketWatch
Liberty Media Corp. unveiled a proposal to make satellite-radio provider Sirius XM Holdings Inc. a wholly owned subsidiary, a move that would give the media-investment company access to a new source of capital as it pursues a big cable merger.
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Zynga Links Up With BitPay For A Bitcoin Payment Test In FarmVille 2, CityVille ... TechCrunch
Gaming giant Zynga has started to accept the cryptocurrency as a payment option for those buying tokens for virtual goods on the web versions of FarmVille 2, CastleVille, ChefVille, CoasterVille, Hidden Chronicles, Hidden Shadows and CityVille. It makes ...
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Cold Georgia: Concerned About Freezing Pipes? Patch.com
It's about to get bone-chilling cold, and here's tips how to prevent your pipes from freezing, and how to thaw them out before they burst if they do freeze and you catch it in time. Posted by Justin Ove (Editor) , January 05, 2014 at 07:37 PM. Comment ...
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Laurel Wal-Mart evacuated due to carbon monoxide leak Washington Post
A carbon monoxide leak at a Wal-Mart Supercenter in Laurel led to the evacuation of about 250 shoppers and employees Sunday morning, according to Anne Arundel County fire officials. Emergency personnel first responded to a call around 10:30 a.m. to ...
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Plosser Warns Fed Shouldn't Try to Offset Potential GDP Loss Bloomberg
Federal Reserve Bank of Philadelphia President Charles Plosser, an opponent of bond purchases by the Fed, said policy makers shouldn't try to make up for a permanent loss in potential growth caused by the financial crisis. "Efforts to use monetary policy to ...
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Pickups rule Top 10 best-selling vehicles for 2013 USA TODAY
This much is sure: Ford's F-Series has extended its reign as the nation's top selling vehicle for a 32nd year. Chevy's redesigned Silverado is second, then Toyota Camry and Honda Accord. After that, there are some interesting changes when it comes to the ...
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Texas' 3 largest home insurers plan to raise rates Seattle Post Intelligencer
DALLAS (AP) — Texas' three largest home insurers are kicking off 2014 with steep increases in policyholder premiums, according to a report published Saturday. The Dallas Morning News reports (http://dallasne.ws/1e5e4NH ) that Allstate, Farmers and State ...
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Fiat faces uphill climb to goal Omaha World-Herald
PARIS — The Fiat boss, Sergio Marchionne, has finally won complete ownership of Chrysler and can begin trying to realize his dream of building a world-class carmaker to compete with industry leaders Toyota, General Motors and Volkswagen. At the top of ...
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US crude-oil imports lowest in 16 years Fort Worth Business Press
U.S. crude-oil imports fell to the lowest level in almost 16 years as domestic output rose, the Energy Information Administration reported. Shipments of foreign crude fell 1.1 percent to 7.41 million barrels a day, the fewest since January 1998, based on the four- ...
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Homeowners Urged to Prepare for Bitter Cold WTOK
Meridian, Miss. With the coldest weather so far this year set to impact our area next week, many are concerned about how prepared they should be to deal with such bitterly cold temperatures. We're talking about temperatures that could be in the single digits ...
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Chaos at JFK as thousands descend on airport to find suspended flights New York's PIX11 / WPIX-TV
Flights in and out of Kennedy Airport were suspended for hours during the snowstorm due to poor visibility and blowing snow. Hundreds of flights were canceled at all three area airports, with about 200 at JFK alone. This morning, travelers have taken to social ...
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Will pause taper only if data is much weaker: Fed's Lacker Moneycontrol.com
"The door has to be seen as open for changing the pace at which the Fed trims the programme," said Richmond Federal Reserve President Jeffrey Lacker. Tags US, Fed, Taper, Bond Buying, Jeffrey Lacker. Source: Reuters ...
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Missile defence system test a success Vancouver Sun
Israel says it has carried out another successful test of its advanced missile defence system designed to intercept long-range missiles. The Defence ministry said in a statement that Friday's test is a "major milestone" in the development of the Arrow 3. Defence ...
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