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Business News

Location American Business News for 20 September 2012

DealBook: In Calls for Market Reform, Multiple Voices

The New York Times - 20 Sep 2012 20:20
A number of events in Washington this week put the spotlight on high-frequency trading, the proliferation of new exchanges and other concerns about the structure of the market.
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Hugh Muir's diary

The Guardian - 20 Sep 2012 23:50
Dave's very cross with Russia. But that won't stop the Tories and Putin's people being friends• The bone of contention list between Downing Street and the Kremlin goes on a bit. The murder of Alexander Litvinenko; ...
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(Reuters) - PIMCO'S Bill Gross, who runs the world's largest bond fund, said on Thursday that he does not see the Federal Reserve pulling back from its latest round of quantitative easing until the U.S. unemployment rate...
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CHICAGO (Reuters) - Brokerage ABN AMRO will shut its pit trading grains desk on the floor of the Chicago Board of Trade (CBOT) on November 1, the desk's five members said on Thursday, in one of the clearest signs that th...
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(Reuters) - Halliburton Co , the world's second-largest oilfield services company, on Thursday promoted Jeff Miller to the new position of chief operating officer, a move likely to revive speculation about its succession...
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2012 hasn?t been kind to JC Penney. And, it doesn?t appear that Q4 will get any better for the department store, which has struggled to shake up its stodgy image this year and in the process has rattled its core customer...
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Germany and Europe: reluctant champions | editorial

The Guardian - 20 Sep 2012 23:00
Only a power as self-confident culturally and politically as it is economically can provide that sort of leadershipOur week-long portrait of Germany as the accidental empire has provided a fascinating deconstruction of t...
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Lord Fink, the Conservative party treasurer, says many firms could not function without offshore entitiesIt is not the crystal blue waters of the Caribbean that attract the Conservative party treasurer Lord Fink to the C...
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Lord Fink calls for tax law changes as Guardian reveals 68 MPs and peers are directors of firms linked to offshore jurisdictionsThe Conservative party treasurer is calling for a major change in tax laws so that Britain c...
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(Reuters) - Bank of America Corp.'s Merrill Lynch Wealth Management is raising the minimum fee it charges retail clients for equity trades, to $75 from $50, an increase the company says will put it more in line with rate...
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Stocks close mixed on downbeat economic news

USA Today - 20 Sep 2012 22:53
Investors struggling to digest latest signs of global economic weakness.
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ATHENS (Reuters) - The heads of the international "troika" team discussing Greece's bailout could leave Athens at the weekend without a final agreement on some 12 billion euros of planned spending cuts, Greek officials s...
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Notable Forbes 400 lifetime givers to the environment.
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New ads about relationships, not cars

USA Today - 20 Sep 2012 22:30
Honda and Volkswagen unveil ad campaigns that emphasize how well they know you, play down selling you a new car.
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Used Car Clunkers To Avoid

Forbes - 20 Sep 2012 22:26
With the average new car selling for around $30,000, and even a moderately equipped compact model going for close to $20,000 these days, cash-strapped motorists have little choice but to purchase a used vehicle. Unfortun...
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10 Used Cars To Avoid

Forbes - 20 Sep 2012 22:26
Here?s a list of models from the 2008 and 2009 model years experts say used-car shoppers should steer clear of.
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Samsung has a new ad out for its Galaxy S III, which is pretty funny--unless you are a diehard Apple fanboy or girl.
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Employee Engagement at Its Most Social

Forbes - 20 Sep 2012 22:17
How do you reach current and potential customers with the most believable messages possible?  You start a Social Media Ninja program ? as Sprint has done ? and base the entire platform on trust.
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Fifa probes 'facing resistance'

BBC - 20 Sep 2012 22:16
The chairman of Fifa's Independent Governance Committee says he is facing some resistance over corruption investigations.
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Updates with Apple comment in eighth paragraph.
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Network Rail starts west coast line project on 23 December, meaning no direct services between London and GlasgowUp to 100,000 people are facing the prospect of severe delays during the Christmas getaway, as Network Rail...
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Quantitative easing isn't magic | James K Galbraith

The Guardian - 20 Sep 2012 22:00
It is unrealistic to expect central banks like the Fed and the ECB to solve our deep economic problemsWhat should we make of the latest moves to kickstart the US economy, and to save the euro? As the late, great Harvard ...
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