Made-in-America Gets Better as Price Drives Better Sales Bloomberg Sales soared by as much as 25 percent at Gordon Stewart's four Chevrolet stores in 2013, the fourth straight year of rising U.S. auto sales, and he said he's never had a better lineup from General Motors Co. His best market will come when he no longer has to ... | |
Macau's gambling industry dwarfs Vegas CNN Forget about Las Vegas and Atlantic City. Macau has cemented its status as the undisputed heavyweight champion of the gambling industry. The Chinese territory reported gambling revenue of 360 billion patacas ($45 billion) for 2013, an increase of almost ... | |
When Airlines Are Quick to Hit the 'Cancel' Button New York Times THERE is reason to celebrate the 100th anniversary of the first scheduled airplane passenger flight in the United States. That flight was right on schedule. After a week like the last one, you might wonder if things have gone downhill since. Enlarge This Image ... | |
Yen firmer as disappointing US data trips dollar Reuters SYDNEY (Reuters) - The yen firmed across the board early in Asia on Tuesday as investors took aim at the greenback in the wake of disappointing U.S. data, although many currencies remained in familiar ranges in still thin market conditions. Trading is ... | |
Samsung Posts First Profit Decline Since 2011 Amid Apple Battle Bloomberg Shipments of Samsung Electronics Co.'s Galaxy S4, which hit shelves in April, fell to... Read More. Shipments of Samsung Electronics Co.'s Galaxy S4, which hit shelves in April, fell to 13 million units in the fourth quarter from 17 million in the previous three ... | |
China Wages Seen Jumping in 2014 Amid Shift to Services Businessweek Women holding umbrellas walk back to work after a lunch break in the Futian district of Shenzhen. In Shenzhen, the 13 percent rise in the minimum wage to 1,808 yuan a month as of February is almost double the pace of the previous increase. Photographer: ... | |
FOREX -Yen edges higher, gets respite from recent selloff Reuters ... slideshows. * Fall in Tokyo shares provides pretext to buy the yen. * Yen pulls away from 5-year lows vs dollar and euro. * Nikkei and dollar/yen have tended to move in lockstep. By Masayuki Kitano. SINGAPORE, Jan 6 (Reuters) - The yen edged higher on ... | |
Asian Stocks Fall Most in Three Weeks as China Services Slow Businessweek Asian stocks fell, with the regional benchmark index headed for its biggest loss in more than three weeks, as a gauge of China's services industries dropped, signaling growth may slow in the world second-biggest economy. SoftBank Corp., a Japanese mobile ... | |
VEGOILS-Palm slips to 2-wk low on oversupply fears; investors gear up for 2014 ... Reuters ... Print. * Prices fall to 2,594 rgt in early trade, lowest since Dec. 23 * Palm oil to test support at 2,605 ringgit -technicals * Market players take up positions for 2014 -trader By Anuradha Raghu KUALA LUMPUR, Jan 6 (Reuters) - Malaysian palm oil futures ... | |
Office-Rental Market Is Getting Stronger Wall Street Journal The recovery of the U.S. office market picked up steam during the fourth quarter of 2013, according to new data from real estate research firm Reis Inc. Businesses occupied an additional 8.5 million square feet of office space in the quarter. That was only a ... | |
Google, other big companies to pay to use San Francisco bus stops Reuters SAN FRANCISCO (Reuters) - Google Inc and other big technology companies that rely on private commuter buses to ferry workers around will now pay the city of San Francisco fees to use city bus stops, the city announced at a news conference on Monday. | |
China Rail Slumps as President Dies in Accident: Hong Kong Mover Businessweek China Railway Group Ltd. fell the most in two years in Hong Kong trading after the nation's second-largest rail-builder said its President Bai Zhongren died in an accident. China Railway dropped as much as 7.2 percent, the most since Dec. 28, 2011, to ... | |
Euro Jobless Scourge Seen Defying Leaders' Growth Pledge Bloomberg A butcher smokes while posing for a photograph outside his chicken store in the Kapani... Read More. A butcher smokes while posing for a photograph outside his chicken store in the Kapani district market in Thessaloniki, Greece. Euro-zone unemployment ... | |
China shares sink to 5-month low, Hong Kong also weaker Reuters ... Print. * HSI -0.6 pct, H-shares -1.5 pct, CSI300 -2.3 pct. * Weak HSBC China flash services PMI adds to data gloom. * Financials, property-related, railway lead losses. By Clement Tan. HONG KONG, Jan 6 (Reuters) - China shares touched five-month lows ... | |
Prominent Bond Trader Leaves Morgan Stanley New York Times A prominent bond trader who was hired to revitalize Morgan Stanley's trading business but whose division racked up sizable losses has left the Wall Street firm. The trader, Glenn Hadden, was head of global rates, an important operation that trades ... | |
Honda says Dec China auto sales up 60 pct y/y Reuters SHANGHAI Jan 6 (Reuters) - Honda Motor Co Ltd and its two local joint ventures sold a record 101,465 automobiles in China in December, up 60.4 percent from a year earlier, the Japanese automaker said on Monday. That follows a 101.5 percent ... | |
The Deal: Men's Wearhouse-Jos. A. Bank Deal Odds TheStreet.com NEW YORK (The Deal) - Though men's clothing retailers Men's Wearhouse (MW) and Jos. A. Bank Clothiers (JOSB) appear to be on a collision course with Men's Wearhouse's new $57.50 per share hostile takeover bid - about $1.61 billion - indications from ... | |
Swiss National Bank Expects CHF9 Billion Loss Wall Street Journal ZURICH--The Swiss National Bank said Monday it expected to post a loss of 9 billion Swiss francs ($9.93 billion) for 2013, preventing it from paying shareholders a dividend. The Zurich-based central bank said valuation losses of CHF15 billion on gold ... | |
Goodyear factory workers hold managers captive in France Economic Times AMIENS: Workers at a Goodyear factory in northern France were holding captive two managers on Monday as they upped their fight against the planned closure of the site and the potential loss of hundreds of jobs. The director of production at the plant in ... | |
Central Banks Split on Stimulus in 2014 as Fed Tapers Bloomberg Janet Yellen, vice chairman of the U.S. Federal Reserve, right, and Ben S. Bernanke, chairman of the U.S. Federal Reserve, attend an open meeting of the Board of Governors of the Federal Reserve in Washington, on Dec. 10, 2013. Close. Photographer: ... | |
Private equity firm buys Haverhill pasta maker Boston Globe A Connecticut private equity firm, Brynwood Partners, has acquired Joseph's Pasta Co., a 23-year-old Haverhill company that makes frozen pasta and sauces. Brynwood Partners, of Greenwich, Conn., purchased Joseph's through an investment fund from ... | |
Gold Analysts Get Most Bullish in a Year After Rout: Commodities Bloomberg Gold slumped 36 percent since reaching a record $1,921.15 in September 2011. Prices will rebound to $1,300 in three months, before declining to $1,110 in a year, Goldman Sachs Group Inc. wrote in a Dec. 5 report. Close. Close. Open. Photographer: Akos ... | |
China Wages Seen Jumping in 2014 Amid Shift to Services: Bloomberg Women holding umbrellas walk back to work after a lunch break in the Futian district of... Read More. Women holding umbrellas walk back to work after a lunch break in the Futian district of Shenzhen. In Shenzhen, the 13 percent rise in the minimum wage to ... | |
Pot Prices Double as Colorado Retailers Roll Out Green Carpet Businessweek A worker weighs out marijuana for prepackaged sales in Edgewater, Colorado on Jan. 1, 2014. Photographer: Seth McConnell/The Denver Post via Getty Images. At Medicine Man Denver, a shop that began selling marijuana for recreational use last week, ... | |
XPO Logistics to buy Pacer International in deal valued at $335 mln- WSJ Reuters Jan 6 (Reuters) - XPO Logistics Inc said it will buy logistics company Pacer International Inc in a deal valued at $335 million, the Wall Street Journal reported. Under the terms of the deal, Pacer shareholders will receive $6 in cash and $3 of XPO common stock ... | |
Asian Stocks Fall Most in Three Weeks on China Services Bloomberg Asian stocks fell, with the regional benchmark index headed for its biggest loss in more than three weeks, as a gauge of China's services industries dropped and Japanese shares slumped on a stronger yen. SoftBank Corp., a Japanese mobile-phone ... | |
Churning between Medicaid and exchanges could leave gaps in coverage ... Washington Post While government officials have spent months scrambling to fix the federal health-care law's botched rollout, another issue is looming that could create new headaches for states, health plans — and patients. In 2014, millions of people are expected to shift ... | |
Singapore Airlines A380 in emergency landing in Azerbaijan, no injuries Reuters SINGAPORE Jan 6 (Reuters) - Singapore Airlines Ltd said on Monday an Airbus A380 flying from London to Singapore made an emergency landing in Azerbaijan due to cabin depressurisation, but there were no injuries to the 467 passengers and 27 crew on ... | |
US Senate poised to confirm Janet Yellen as Fed chair Reuters WASHINGTON Jan 6 (Reuters) - The U.S. Senate, kicking off its 2014 session on Monday, intends to waste no time making history as it moves to approve Janet Yellen to be the first woman to head the Federal Reserve. A Senate vote is set for 5:30 p.m. (2230 ... | |
London is top city for real estate investing; US safest country Reuters Jan 6 (Reuters) - London ranks as the top city for foreign real estate investment opportunity, beating out last year's winner, New York, according to a survey released on Monday by the Association of Foreign Investors in Real Estate. The survey found that San ... | |
New Regulator Signals Major Shift in Housing Policy Wall Street Journal Rep. Mel Watt, who will oversee Fannie Mae and Freddie Mac, is likely to shake up the industry. Email; Print. Save ↓ More. Save to ↓ More. Save ↓ More. Saved ↓ More. Please log in or register for free to use Save This. Log In · Register · What is Save This ... | |
Former SAC manager resolute as trial poised to start Financial Times When prosecutors open their trial this week against Mathew Martoma, a former SAC Capital portfolio manager accused of insider trading, the invisible presence in the courtroom will be Steven Cohen. Mr Cohen, founder of SAC, has not been accused of ... | |
Storms delays federal trial over bank deal with city of Detroit Detroit Free Press A trial over the fate of the city of Detroit's proposed deal with two banks to settle a 2005 financial bet will be delayed after a snowstorm pummeled the state. The trial was in the midst of closing arguments when it adjourned Friday for the weekend. A spokesman ... | |
IT spending to grow 3.1 percent in 2014, says Gartner ZDNet Summary: That forecast is more conservative than the outlook provided by Forrester Research. Enterprise software is expected to be a hot market. Larry Dignan. By Larry Dignan for Between the Lines | January 6, 2014 -- 07:15 GMT (23:15 PST). Follow @ ... | |
Bone-chilling temperatures grip North Texas Fort Worth Star Telegram FORT WORTH — As the Arctic air settled in across North Texas Monday morning, temperatures plunged into the teens, wind chills dropped to the single digits and energy consumption soared across Texas. The Electric Reliability Council of Texas (ERCOT), ... | |
In Sao Paulo, Organic Markets Are Beginning To Take Off NET Website In the biggest city in Latin America, the pickings are pretty slim for local, organic food: The city has just 20 organic farmers' markets. But many Brazilian farmers rely heavily on pesticides, and health-conscious consumers are starting to seek alternatives. by:. | |
Early days of Obamacare bring trickle, not flood, of patients: How will Obama ... State Column Government officials and medical providers are continuing to work virtually around-the-clock to eliminate any remaining snags in HealthCare.gov. An estimated two million Americans have signed up for the Affordable Care Act program, commonly referred to ... | |
Twitter Inc (TWTR) May Hold The Key To Unmasking Time Travelers ValueWalk Twitter Inc (NYSE:TWTR) and other social media platforms could provide a way for researchers to prove that people really are time traveling. At least, that's what they're hoping. People have been intrigued by the idea of time travel for more than a century, ... | |
Ringing in 2014 with record-breaking pump prices WFXL FOX 31 New Year's Day marked the fourth consecutive year of record-breaking gas prices. The national average price for a gallon of regular gasoline was $3.32 on January 1, the highest price on record. However, 2013's annual average price for a gallon of gas was ... | |
Today's Dow Jones Industrial Average DJIA, Nasdaq, S&P 500 stock market ... Learning and Finance Stock composite trend-lines during the opening trading sessions of 2014 looked very little like the trends of 2013. Stock market momentum was great in 2013 as the primary U.S. composites posted gains of over 25 percent during the recent calendar year. | |
3 Numbers to Watch: UK services PMI, EU confidence, US ISM index TradingFloor.com A blur of purchasing managers' indices (PMIs) will colour sentiment today, including the first look at the UK Services PMI for December. Later, we'll see reports on the EU Sentix Investor Confidence Index and the ISM Non-Manufacturing Index for the US. | |
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