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Location American Popular News for 12 July 2013
Nordblom Co., a real estate company headquartered in Burlington, said Friday that it has sold the Financial District office building at 50 Congress St. to KBS Capital Advisors for $51 million. KBS Capital Advisors is an ...
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Mortgage rates at 2-year high as Dow soars to record closing high This is the summer the Fed heated up the markets. Comments made by Federal Reserve Chairman Ben S. Bernanke sent the Dow and S&P 500 to record highs on Thursday while mortgage rates hit their highest level in two years.
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Florida Restaurant Owner Lays Off Entire Staff With A Short Text Message Getting fired is never a nice experience. But there are better and worse ways to receive the news. This is probably one of the worst: via a text message. That's how a Winter Park, Fla. restaurant owner named Gregory Kenn...
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California Is Insanely Huge

Business Insider - 12 Jul 2013 19:26
California Is Insanely Huge Everyone knows that California has quite a few inhabitants. With 38 million people in one state, California's size dominates its neighbors. Still, knowing that there are 38 million people in California really fails to ha...
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Divestment Lessons From IBM

Forbes - 12 Jul 2013 16:20
Divestment Lessons From IBM HP and other companies in the shrinking PC market should take some lessons from IBM, writes Mergermarket's Sarah Cohen
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Typhoon Soulik threatens chaos in China and Taiwan as flood toll mounts Schools, offices and airlines closed or disrupted with more than 200 dead after torrential rain in parts of China China and Taiwan braced on Friday for the impact of Typhoon Soulik as the toll of dead and missing from to...
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Star Wars Fans Take To San Francisco's Streets Thanks To Nerdist Industries' Course Of The Force Geek-focused digital media company Nerdist Industries did something kind of amazing in the lead up to last year's Comic-Con International -- it staged a relay race called the Course of the Force, where fans carried a lig...
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The conservative blogosphere is brewing with ominous warnings about the inevitable riots they think will come if George Zimmerman is acquitted of charges related to his killing of unarmed teen Trayvon Martin. (My colleag...
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Stocks slip on Wall Street; UPS sinks on forecast

Miami Herald - 12 Jul 2013 18:07
Stocks slip on Wall Street; UPS sinks on forecast Stocks are edging lower on Wall Street in midday trading a day after the market closed at a record high.
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Some Business School Professors Make More Money Than The President There's a big controversy at the Thunderbird School of Global Management, the business school regularly ranked as the best place to get an international business education. The struggling school, which had a $4 million d...
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Consumer confidence unexpectedly drops slightly

L.A. Times - 12 Jul 2013 17:38
Consumer confidence unexpectedly drops slightly WASHINGTON -- Consumer confidence unexpectedly dropped slightly this month amid increased concern about the outlook for the economic recovery.
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Why Traders And Economists Don't Get Each Other On Monetary Policy Economists and traders have inherently different market philosphies -- the former believing prices are essentially right and the latter that mispricings are rampant enough that the smart guy stands to profit. So it's no ...
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Napolitano Stepping Down as Homeland Security Chief

The New York Times - 12 Jul 2013 17:02
Napolitano Stepping Down as Homeland Security Chief Janet Napolitano, who has overseen an expansive portfolio as President Obama's secretary of homeland security, plans to become president of the University of California system.
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Eurozone embers flare up again

MoneyWeek - 12 Jul 2013 11:00
Portugal is likely to need a second rescue package from the EU and IMF, and Greece isn't looking too good either, and France urgently needs reform. The post Eurozone embers flare up again appeared first on MoneyWeek.
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Manchester United fans have been waiting anxiously to hear that Barcelona midfielder Thiago Alcantara will be coming to Old Trafford. The rumors have been floating around long enough that it seems like a deal, were it go...
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S Korea car firms hit by China fears

BBC - 12 Jul 2013 08:25
S Korea car firms hit by China fears Shares in South Korean car makers Hyundai and Kia fall by about 5% after reports that eight Chinese cities could implement curbs on car sales.
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June retail sales beat expectations

Chicago Tribune - 12 Jul 2013 07:00
June retail sales beat expectations Better job prospects, better weather and better prices motivate consumersBusiness is going well for skin care consultant Marquesha Elrod: She recently opened a Gold Coast boutique and feels better about spending money. S...
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Hundreds of inmates break out of Indonesian jail after deadly riot and fire Hunt still on for about 150 prisoners, including convicted terrorists, who escaped leaving five dead Authorities are searching for scores of inmates, including convicted terrorists, who escaped from a crowded Indonesian ...
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Police found drugs in Henderson's car

ESPN - 12 Jul 2013 05:53
Ole Miss guard Marshall Henderson was found in May with what police said were cocaine and marijuana in his car, the Wall Street Journal reported Thursday, citing Oxford, Miss., police reports.
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Anger at train CEO

CNN - 12 Jul 2013 02:12
CNN's Anna Coren gets an exclusive interview with Edward Burkhardt, chairman of Montreal, Maine and Atlantic Railway.
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DealBook: U.S. Regulators Approve Stricter Trading Rules Abroad The Commodity Futures Trading Commission voted 3-1 to rein in lucrative trading by American banks doing business overseas, inviting an onslaught of lobbying from financial institutions.
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