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Business News

Location American Business News for 19 September 2012
NEW YORK (Reuters) - Holders of $450 million in American Airlines bonds plan to ask a U.S. bankruptcy judge for an order to help ensure they get paid, claiming that the 143 planes that are collateral for their investment...
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WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke trekked to Capitol Hill on Wednesday to tutor Senate lawmakers on the economic dangers of the looming "fiscal cliff," the nearly $600 billion in planned spendi...
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(Reuters) - Contract talks between the Canadian Auto Workers (CAW) and General Motors Co were "bogged down" on Wednesday on plant-specific issues, a CAW official said, making a quick breakthrough on an overall deal unlik...
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I?m amazed by the buzz created by the secretly recorded remarks made by Mitt Romney at a private fund raiser.  Hopefully the discussion will soon move past the form of the comments and will focus on the critical iss...
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Is Taiwan experience changing Chinese students?
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Last week, a House committee led by U.S. Rep. Sam Graves (R-Mo.) ? a pilot himself and an advocate for general aviation ? heard from a panel of industry witnesses about the impact of a proposed $100-per-leg tax on turbin...
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Total Matchmaking Fail

The Huffington Post - 19 Sep 2012 22:48
Total Matchmaking Fail A Florida woman is suing a pair of mother-daughter millionaire matchmakers after she paid their firm $45,000 for dating services and was set up with...
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Shares of G-III Apparel Group Ltd. (GIII - Snapshot Report) hit a 52-week high of $37.92 on September 14, following a solid fiscal second-quarter report that included an earnings surprise of 85.7% and an enhanced outlook...
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(Reuters) - Adobe Systems Inc, maker of Photoshop and Acrobat software, reported a quarterly profit in line with estimates but missed revenue expectations due to currency effects.
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Stocks continued to ride the QE-wave on Wednesday as housing data indicated a recovery may be in site.  While risk assets benefited and the U.S. dollar weakened, crude oil was the odd one out, tanking for the third ...
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BOSTON (Reuters) - The chief executives of 3M Co and Honeywell International Inc on Wednesday said the grim global economic outlook is whetting their appetite for acquisitions.
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47 Percenter: "We're Helping Keep Our Communities Vibrant"

The Huffington Post - 19 Sep 2012 22:34
47 Percenter: Four years ago, then-17-year-old David Gilbert-Pederson made headlines as the youngest delegate at the Democratic National Convention. Time Magazine published a picture of him in...
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HTC, the Taiwanese handset maker that was the first manufacturer to support Google’s Android software, is pushing another underdog: Microsoft’s Windows Phone software.
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Buy The Car Lot With Group 1 Automotive

Forbes - 19 Sep 2012 22:27
Shares of Group 1 Automotive Inc. (GPI - Snapshot Report) have been trading near their fresh 52-week high of $61, hit on September 13, driven by solid second quarter results, accretive acquisitions and a marked recovery ...
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Brian_Kelly: How Presidential Candidates Can Use Online Video to Run an Effective Campaign Typically, we see online video incorporated into political campaigns as advertisements and recordings of speeches. However, it can be much more.
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WATCH: Reagan, Bush Praise What Mitt Romney Railed Against

The Huffington Post - 19 Sep 2012 22:21
WATCH: Reagan, Bush Praise What Mitt Romney Railed Against In the leaked video that has caused serious turmoil for the Mitt Romney campaign this week, the Republican presidential nominee said 47 percent of people...
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KCAP Cleaning Up In Private Equity

Forbes - 19 Sep 2012 22:18
Earnings momentum for KCAP Financial, Inc. (KCAP - Snapshot Report) has been strong following its second quarter results, sending this private equity firm to a Zacks #1 Rank (Strong Buy). The stock also hit its 52-week h...
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At New York University?s 179thCommencement exercises in May 2011, former President Bill Clinton warmly addressed the exuberant graduates, but also warned them of the inevitable realities of debt. He emphatically stated t...
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Two new studies published in the Journal of the American College of Cardiology offer hope but not, yet, compelling evidence to support less burdensome requirements for dual antiplatelet therapy (DAPT) after drug-eluting ...
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After the Funding, Trouble Brews For Kickstarter Projects

The Huffington Post - 19 Sep 2012 22:18
After the Funding, Trouble Brews For Kickstarter Projects PORTLAND, Ore. — An effort to build a sleek aluminum charging dock for the iPhone generated fervor online when it was announced last December. The...
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Lufthansa in new low cost move

BBC - 19 Sep 2012 22:10
Lufthansa says it will merge many of its European and domestic routes under a new-low cost brand as it seeks to boost profits.
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OUCH: Hockey Team Hosts 'Our City Isn't Bankrupt Night'

The Huffington Post - 19 Sep 2012 22:08
OUCH: Hockey Team Hosts 'Our City Isn't Bankrupt Night' FRESNO, Calif. -- A hockey game promotion poking fun at America's largest bankrupt city has caused a tiff between fans and newspaper columnists in California's...
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